

$55,000
407 Magnolia Street, Athens, TX, 75751
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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.
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Learn About the Market: Opportunity in Texas




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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.
Population Growth
~1.3% annually
Net Migration
Positive
Median Home Price
$283,800
Unemployment Rate
4.3%
Price Trend
Flat
New Permits
158,121
City: Athens
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