39 Private Rd Athens, TX 75751
This exceptional 20-acre commercial land parcel presents a unique investment opportunity in the desirable Riverpoint community of Anderson County, Texas. Situated on the edge of Anderson County, this property boasts stunning water frontage on the Trinity River, offering picturesque views and recreational potential. Riverpoint is a newly developed waterfront community featuring large lots (10-25 acres), ensuring privacy and exclusivity. The property is conveniently located just minutes from Richland Chambers Reservoir, providing easy access to additional recreational activities. A paved private road leads to the property, enhancing accessibility and security. A private gated entrance and community mailboxes are maintained by the Riverpoint Maintenance Association, with annual dues set at $500. Electricity is readily available at the roadside. Currently benefiting from an agricultural exemption, resulting in significantly reduced property taxes (last year's taxes totaled only $30.44). The property is zoned to prohibit mobile homes and manufactured housing. Short-term recreational camping and RV use are permitted for up to 14 days per month, or during the construction of a permanent residence. The property falls within the Cayuga Independent School District. This is a rare opportunity to acquire a substantial waterfront tract in a thriving community with excellent access and low taxes. The property is ready for development, offering significant potential for a variety of commercial ventures.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
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Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.