Listing provided courtesy of Vista Real Estate Group-CompasMLS# 21278905MLS ProviderContact Information: Amy Merritt
  • 39 days on site
  • 1 views

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.

Source: North Texas MLS, MLS#: 21278905

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  • Property Type
    Residential
  • Lot
    0.28 acres

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Bob Reese

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Owning this Home

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* All calculations are estimates and provided by Reliance Network, for informational purposes only. Actual amounts may vary. ** Assumes 6.50% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information. Any mortgage broker or insurance agent that may appear is independent and is not affiliated with, endorsed by, or provided by the MLS.

Life at 407 Magnolia Street


Schools


School data courtesy of LiveBy, Inc.
Ratings are based on a scale of 1-5, with 5 being the highest rating and 1 being the lowest rating. The schools displayed on this website are for informational purposes only and may not represent a complete or up-to-date list. School assignments are subject to change and should be verified directly with the local school district. Please contact the appropriate school district to confirm school zoning and enrollment eligibility for this property.

History

Date Event Value Agent
6/3/2026Source: North Texas MLS Price Reduction
$55,000 -15.4%
5/22/2026Source: North Texas MLS Added to Database
May 22, 2026