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$220,000

$225,000

206 S Magnolia St, Pottsboro, TX, 75076

On MarketInfo
Price DropInfo
Beds3 Beds
Baths2 Bath
Baths1,472 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$149.46 / sqft
Year BuiltBuilt in 1960

Property Lead Type:

Must-SellAbsentee OwnerHigh EquityMove-In Ready

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Garage AvailableGarage Available
AppliancesDishwasher, Gas Range, Microwave
FlooringVinyl

Exterior

Exterior FeaturesAwning(s), Rain Gutters
Lot Size6,621 sqft

Building Information

Year Built1960
Garage Spaces1

Land Information

APNP003 605100202
Lot Number4,5
SubdivisionLooneys W C Addn
Land UseResidential
Legal DescriptionLOONEYS W C ADDN, BLOCK 1, LOT PT 4 & 5, ACRES .152
Census Tract000302
Assessed Land Value$61,245
Assessed Improvement Value$145,749
Assessment Year2025

About this property

Completely rebuilt and move-in ready, this beautifully updated 3-bedroom, 2-bath home offers peace of mind with major improvements already done for you. From the brand-new foundation, joists, beams, and piers to updated plumbing, electrical, windows, flooring, cabinets, paint, and fixtures. Nearly every inch of this home has been renovated with care. Inside, you’ll find a fresh, functional living space designed for everyday comfort. Both bathrooms have been fully updated, and the home also features new ceiling fans, updated texture throughout, and a spacious layout ready for its next owner. The roof was replaced approximately 5 years ago, and the HVAC system was updated around 10 years ago, offering plenty of remaining life and added value. Outside, enjoy a fully fenced backyard, a large storage shed, and a brand-new driveway. Conveniently located a minute from Hwy 120 and Hwy 289, this property offers an easy commute while still enjoying the charm of small-town living. Located near highly sought-after Pottsboro schools, this home is a great opportunity for first-time buyers, families, or investors looking for a turnkey property in a growing area near Lake Texoma. Homes with this level of renovation and location convenience do not come available often. Schedule your showing today or attend the Open House - this Saturday, June 20th from 11am-1pm!

Investor Tools

$174,446Estimated Mortgage Balance
$53,554Estimated Equity
23% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,368 /month
Positive
Cash Flow Estimate:
$456 /month

Interested in this property?

Breanna Strouse

HBL, Realtors

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$431/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$4,038
$206,994
2025
$61,245
$145,749
$206,994
No

Tax History

Year
Tax Paid
Assessed Value
2024
$4,038
$206,994

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Town Square Mortgage & Investments Inc
Va
$189,255
Yes
First
Apr 12, 2022
May 2052

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$174,446
$53,554
23%
77%
$1,135/mo

Learn About the Market: Opportunity in Texas

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Explore

Texas

Living in Texas means access to four of the nation’s most dynamic metro economies — Dallas–Fort Worth’s corporate and logistics powerhouse, Houston’s global energy and medical hub, Austin’s tech-driven and culturally iconic Live Music Capital of the World, and San Antonio’s historic yet steadily expanding military and healthcare center. The state blends economic scale with cultural significance, rooted in independence, entrepreneurship, and a strong sense of place — from Friday night football to world-renowned barbecue and music festivals. For homebuyers, Texas offers comparatively attainable housing, no personal income tax, and master-planned communities built around space and convenience; for investors, continued population growth, business relocation, and diversified industries create sustained demand across urban cores, suburbs, and emerging secondary markets.

Explore Texas Explore This Area
Population Growth

Population Growth

~1.3% annually

Net Migration

Net Migration

Positive

Median Home Price

Median Home Price

$283,800

Unemployment Rate

Unemployment Rate

4.3%

Price Trend

Price Trend

Flat

New Permits

New Permits

158,121

City: Pottsboro

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206 S Magnolia St | Property Details | No Agent List