This 27.5 acre property is located directly across the street from Athens Scuba Park, which attracts divers from around Texas to explore its sunken jet airplane, some sunken automobiles, and other points of under water interest in the gorgeous, high visibility, spring fed lake.
The heavily wooded property is currently zone industrial, but can include multiple family, single family and commercial applications. We believe the property could make an interesting option for mix use; including an area for town homes, an area for small single family homes, and an area for tiny homes on trailers, which are legally classified as RV’s, so that spaces are rented on a monthly basis, as is the case with many tiny home communities around America. Having a section for nightly RV rentals might also be something to consider with scuba park being across the street. A possible restaurant site that includes indoor and outdoor seating, and a stage area for live entertainment would also be worth exploring the demographics and feasibility on. A possible bed and breakfast village as part of the mix use is an an option, as well a small hotel site would be worth exploring, due to the lake.
There is city water, sewer and electrical is available at the property making it ready for a mix use development.
Athens, Texas is located one hour east of downtown Dallas, in Henderson County. As of the 2010 census, the city population was 12,710. Athens is the “Original Home of the Hamburger“. The city also calls itself the “Black-Eyed Pea Capital of the World.” Athens was selected as one of the first ‘Certified Retirement Communities’ in Texas.
Athens has the charm of a small southern town while still retaining many of the qualities of a larger city. It’s only a short drive from Dallas, making it the perfect getaway for the casual traveler and outdoor enthusiasts alike who consider the surrounding countryside and lakes the perfect playground for their outdoor activities.
While progress is evident everywhere, Athens embraces its heritage and celebrates its colorful past. Athens is nationally acknowledged as “The Home of Original Hamburger” and is also home to the Annual Texas Fiddlers Contest and Reunion, the oldest such event in the U.S.
“When you’re ready to leave bright lights and honking horns behind, come to Athens and enjoy the fireflies and crickets – for a weekend, or longer.”
Income & Housing Costs Numbers:
Estimated median household income in 2009: $36,870 (it was $29,372 in 2000)
Estimated per capita income in 2009: $20,908
Estimated median house or condo value in 2009: $88,600 (it was $65,700 in 2000)
Mean prices in 2009: All housing units: $107,168; Detached houses: $113,047; Townhouses or other attached units: $62,483; Mobile homes: $36,594
Median gross rent in 2009: $620.
Jan. 2011 cost of living index in Athens: 88.0 (less than average, U.S. average is 100)
Total Tax Burden–Data for Calculation
Listing of Active Retirement Communities: