56 Private Rd Athens, TX 75751
This exceptional 10.01-acre commercial lot presents a unique opportunity in the desirable Riverpoint community of Athens, Texas. Located on a paved private road with a gated entrance, this mostly cleared property boasts low taxes (last year's taxes were only $15.22) and offers a tranquil setting just minutes from the Richland Chambers Reservoir. The property is part of a newly developed waterfront community featuring larger lots (10-25 acres), ensuring privacy and exclusivity. Utilities are readily available, with electricity already at the road. Currently enjoying an agricultural exemption, this lot is ideal for various commercial ventures, subject to local zoning regulations. Note that mobile homes and manufactured housing are not permitted. Short-term recreational camping or RV use is allowed for up to 14 days per month, or during the construction of a permanent structure. The Riverpoint Maintenance Association maintains the private road, gated entrance, and mailboxes, with annual dues set at $500. The property is served by the Cayuga Independent School District and offers a blend of natural beauty and convenient access to amenities. This is a rare chance to acquire a substantial parcel of land in a thriving Texas community. The property's zip code is 75751, and it's located in Anderson County. A virtual tour is available online.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
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Property description
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No recorded transactions found for this property.
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Risks
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