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.
For sale
Price cut: $10K (6/3)
$55,000
407 Magnolia St, Athens, TX 75751
3beds
840sqft
Manufactured Home, Single Family Residence
Built in 2010
0.28 Acres Lot
$-- Zestimate®
$65/sqft
$-- HOA
What's special
Spacious lot
- 36 days |
- 113 |
- 2 |
Zillow last checked:
Listing updated:
Listed by:
Amy Merritt 0752344,
Vista Real Estate Group-Compas 254-231-0209
Source: NTREIS,MLS#: 21278905
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 1
- Full bathrooms: 1
Primary bedroom
- Level: First
- Dimensions: 10 x 12
Living room
- Level: First
- Dimensions: 10 x 20
Features
- Open Floorplan
- Has basement: No
- Has fireplace: No
Interior area
- Total interior livable area: 840 sqft
Video & virtual tour
Property
Parking
- Parking features: Driveway
Features
- Levels: One
- Stories: 1
- Pool features: None
Lot
- Size: 0.28 Acres
Details
- Parcel number: 45200006003001
Construction
Type & style
- Home type: MobileManufactured
- Property subtype: Manufactured Home, Single Family Residence
Condition
- Year built: 2010
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Sewer Available, Water Available
Community & HOA
Community
- Subdivision: West Heights #1
HOA
- Has HOA: No
Location
- Region: Athens
Financial & listing details
- Price per square foot: $65/sqft
- Tax assessed value: $38,778
- Annual tax amount: $823
- Date on market: 5/22/2026
- Cumulative days on market: 37 days
- Listing terms: Cash
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Visit professional directoryEstimated market value
Not available
Estimated sales range
Not available
$1,746/mo
Price history
| Date | Event | Price |
|---|---|---|
| 6/3/2026 | Price change | $55,000-15.4%$65/sqft |
Source: NTREIS #21278905 Report a problem | ||
| 5/22/2026 | Listed for sale | $65,000$77/sqft |
Source: NTREIS #21278905 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $116 +10.9% | $38,778 +5% |
| 2024 | $105 +21.6% | $36,930 +10% |
| 2023 | $86 +25.3% | $33,573 +10% |
| 2022 | $69 +2.6% | $30,520 |
| 2021 | $67 +36.9% | -- |
| 2020 | $49 +5.2% | -- |
| 2019 | $46 -5% | $26,990 +0.4% |
| 2018 | $49 +9.2% | $26,880 +1.9% |
| 2017 | $45 -0.3% | $26,390 |
| 2016 | $45 +1.3% | $26,390 |
| 2015 | $44 -0.4% | $26,390 |
| 2014 | $45 | $26,390 |
| 2013 | -- | $26,390 |
| 2012 | -- | $26,390 |
| 2011 | -- | $26,390 +111.5% |
| 2010 | -- | $12,480 |
| 2009 | -- | $12,480 +8% |
| 2008 | -- | $11,560 |
| 2007 | -- | $11,560 |
| 2006 | -- | $11,560 +10.5% |
| 2005 | -- | $10,460 -13.4% |
| 2004 | -- | $12,080 +25.4% |
| 2003 | -- | $9,630 +10.1% |
| 2002 | -- | $8,750 +1.5% |
| 2001 | -- | $8,620 |
| 2000 | -- | -- |
| 1999 | -- | -- |
Find assessor info on the county website
Monthly payment
Estimated monthly payment$1,822
All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
See how much you could borrow to make a competitive offer.
Climate risks
Neighborhood: 75751
Nearby schools
GreatSchools rating
- 5/10Athens Intermediate SchoolGrades: PK-5Distance: 1.4 mi
- 4/10Athens Middle SchoolGrades: 6-8Distance: 4 mi
- 3/10Athens High SchoolGrades: 9-12Distance: 1.7 mi
Schools provided by the listing agent
- Elementary: Central Athens
- Middle: Athens
- High: Athens
- District: Athens ISD
Source: NTREIS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
- Texas
- Henderson County
- Athens
- 75751
- 407 Magnolia St
Nearby cities
Nearby zip codes
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