450 South Loop 7
About This Property
This extraordinary property on the south side of Athens offers 73.48 acres of natural beauty, privacy, and turnkey amenities-ideal as a luxury residence, event venue, or private retreat. Anchored by a stunning 10-acre lake with stone walls, white sand beach, boat ramp, and fountain, the property includes four additional ponds, mature hardwoods, and a maintained, park-like landscape.
The custom 3,920 SF main residence overlooks the lake and features 3 beds, 3.5 baths, expansive porches, a porte-cochere, and professional landscaping. Designed for luxury living and seamless indoor-outdoor enjoyment.
On the western shore, the 40' x 60' architectural steel-frame pavilion offers a high-end event space with commercial kitchen, Austin stone fireplace, ADA restrooms, and retractable curtain walls for year-round use. A lighted pier connects to the pavilion and provides a striking ceremony backdrop. Nearby, a 2,600 SF chapel blends rustic charm with gothic design, including vaulted ceilings, lancet windows, restrooms, and dressing rooms-all nestled in hardwood forest.
Additional features include a 1,300 SF guest house (2 bed, 2 bath), multiple barns and sheds, asphalt drives, and gated entries for residential and commercial access.
Located on Loop 7 with visibility and convenience-minutes to Athens Municipal Airport, Lake Athens, and within 1.5 hrs of DFW. A rare opportunity to own one of East Texas' finest mixed-use properties.
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What does this mean?
Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.
How much can I actually make?
Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.
How is cap rate calculated?
Cap Rate = Net Operating Income (NOI) / Property Asset Value.
When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.
Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Mar 31, 2026 | Sold | ||
| Sold | |||
| Mar 18, 2026 | In contract | - | |
| In contract | |||
| Oct 21, 2025 | Listed by Whitetail Properties Real Estate | $3,795,000 | |
| Listed by Whitetail Properties Real Estate | |||
| Oct 5, 2025 | Listed by Whitetail Properties Real Estate | $3,795,000 | |
| Listed by Whitetail Properties Real Estate | |||
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Welcome to a remarkable 73.48-acre property located along South Loop 7 on the southern edge of Athens in Henderson County, Texas. This unique offering combines the serenity of a private estate with the versatility of a commercial wedding and event venue. Originally designed as a high-end residential retreat, it has evolved into a destination for celebrations with thoughtfully planned improvements that balance natural beauty and architectural distinction. At its heart lies a scenic 10-acre lake surrounded by rolling hardwood timber and smaller ponds, creating a secluded setting just minutes from all the amenities of Athens.
Lake and water features
Anchoring the property is a 10-acre reservoir-style lake bordered by stone walls, a white sand beach, boat ramp, and fountain. Four additional ponds offer excellent recreational appeal, complemented by mature hardwood timber, manicured understory, and winding drives that lead to the home and venue areas.
Main Residence
Overlooking the lake, the 3,920± SF custom stone home offers three bedrooms, three and a half baths, and refined finishes blending modern comfort with classic craftsmanship. Expansive porches, patios, and landscaping enhance indoor-outdoor living and frame stunning lake views.
Event Venue and Improvements
On the western shore, a 40' x 60' architectural steel pavilion with LED lighting, fireplace, commercial kitchen, and ADA restrooms provides a spectacular lakeside venue. Connected by a pier with covered party space, the pavilion’s retractable curtain system allows year-round use. Nearby, a 2,600± SF chapel with vaulted ceilings, lancet windows, and dressing areas sits amid tall timber, offering an unforgettable ceremony setting.
Additional Home
A 1,300± SF guest home, multiple shops, barns, and gated entrances support both private and commercial operations.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017