Real opportunities. Driven by live market signals.
Updated every minute.

Browse Homes — Buy Direct, Deal on Your Terms

Updated Properties Icon
Updated Properties
Last 24 HoursLast 24 Hours
Main property image
Days25Days on Market
Views1view
Gallery image 2

$55,000

407 Magnolia Street, Athens, TX, 75751

On MarketInfo
Beds3 Beds
Baths1 Bath
Baths840 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$65.48 / sqft
Year BuiltBuilt in 2010

Property Lead Type:

High Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms 1Bathrooms 1
Garage AvailableGarage Available
AppliancesNone

Building Information

Year Built2010
Roof Type105
Garage Spaces2

Land Information

APN4520-0006-0030-01
Lot Number3
SubdivisionWest Heights #1 (104)
Land UseResidential
Legal DescriptionLT 3 AB 782 T PARMER SUR, WEST HEIGHTS #1 BLK 6, LT 3
Census Tract951202
Assessed Land Value$1,620
Assessed Improvement Value$37,158
Assessment Year2025

About this property

Investor special in the heart of Athens! Located at 407 Magnolia, this mobile home offers an excellent opportunity for investors, flippers, landlords, or buyers looking for an affordable fixer-upper in growing East Texas. Situated on a spacious lot in an established area, this property has strong potential for renovation, rental income, resale, or long-term investment. This property does need rehab and is being sold as-is, making it the perfect project for someone ready to bring their vision and creativity. With strong demand for affordable housing in Athens and the surrounding East Texas market, this could be a great opportunity to add value and build equity. Conveniently located near downtown Athens, local shopping, dining, schools, and medical facilities, the property offers easy access to Hwy 31, Hwy 19, and nearby East Texas destinations while still maintaining the charm of small-town living. Whether you're looking for a rental property, investment opportunity, affordable housing project, or fixer-upper mobile home in Texas, this property has plenty of upside potential.

Investor Tools

Property Icon
$155,000
Estimated Property Value
$0Estimated Mortgage Balance
$126,856Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$930 /month
Positive
Cash Flow Estimate:
$310 /month

Interested in this property?

Amy Merritt

Vista Real Estate Group-Compas

ContactContact

Want alerts when something changes with this property?

Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$73/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$105
$38,778
2025
$1,620
$37,158
$38,778
No

Tax History

Year
Tax Paid
Assessed Value
2024
$105
$38,778

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
United States Of America
Unknown
$45,680
No
First
Jun 30, 2010
Jun 2040

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$28,144
$126,856
81%
18%
$0/mo

Learn About the Market: Opportunity in Texas

Local Market Pages
Local Market Pages 2Local Market Pages 3Local Market Pages 4

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: Athens

No Agent List Top Properties.

These are Deal List properties graded A+, A.

Loading properties...

Sold Properties

Loading properties...

407 Magnolia Street | Property Details | No Agent List