NOT LISTED FOR SALE

302 Magnolia Ave Lufkin, TX 75904

Estimated Value: $61,000 - $136,000

3 Beds
1 Bath
1,296 Sq Ft
$71/Sq Ft Est. Value

Last Sold February 24, 2023

Current estimated payment $579/month

4 Days on Market

Highlights

  • Vaulted Ceiling
  • Wood Flooring
  • Covered Patio or Porch
  • Traditional Architecture
  • No HOA
  • Cooling System Mounted In Outer Wall Opening

About This Home

As of February 2023

Investors take Notice! This has been a great income producing rental property with excellent ROI potential. This property has 3 Bedrooms and 1 Bathroom and includes a large back yard corner lot! This 1920's Victorian style home has many historical features such as tall ceilings, original hard wood floors, and decorative gable end slats! The home was updated in 2013 with new electrical wiring and plumbing. Some repairs are needed throughout and the owner will consider Cash or Conventional Financing only. Per owner, it was most recently leased for $934 per month and was a HUD approved home.

Last Agent to Sell the Property

Twila Bertrand

Century 21 Cota Realty License #TREC #0625658 Listed on: 02/13/2023

Century 21 Cota Realty

Last Buyer's Agent

Kaylee Sullivan

Keller Williams Realty-Tyler License #TREC #0787596

Keller Williams Realty-Tyler

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,027

Year Built

  • Built in 1920

Lot Details

  • 7,000 Sq Ft Lot
  • Chain Link Fence

Home Design

  • Traditional Architecture
  • Victorian Architecture
  • Pillar, Post or Pier Foundation
  • Frame Construction
  • Composition Roof

Interior Spaces

  • 1,296 Sq Ft Home
  • Vaulted Ceiling
  • Ceiling Fan
  • Range

Flooring

  • Wood
  • Carpet

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 1 Full Bathroom

Parking

  • No Garage
  • Driveway
  • Open Parking

Outdoor Features

  • Covered Patio or Porch

Utilities

  • Cooling System Mounted In Outer Wall Opening
  • Window Unit Cooling System
  • Heating Available

Community Details

  • No Home Owners Association

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,027

Year Built

Built in 1920

Lot Details

0

Listing Details

  • Property Sub Type: Residential
  • Prop. Type: Residential
  • Lot Size Acres: 0.1607
  • Lot Size: 0.1607
  • Road Frontage Type: City Street
  • Exclusions: None
  • Directions: From N Angelina St, turn onto Culverhouse, then right onto Cain St. The home is on the left at the corner of Cain and Magnolia Ave
  • Architectural Style: Traditional, Victorian
  • Carport Y N: No
  • Garage Yn: No
  • New Construction: No
  • Year Built: 1920
  • Special Features: None

Interior Features

  • Appliances: Range Hood, Range
  • Full Bathrooms: 1
  • Total Bedrooms: 3
  • Flooring: Carpet, Wood
  • Interior Amenities: Ceiling Fan(s), Raised Ceiling, No Built-Ins
  • Living Area: 1296

Exterior Features

  • Fencing: Chain Link, Fenced
  • Lot Features: Less than 1 Acre
  • Pool Features: None
  • Construction Type: Frame
  • Foundation Details: Pillar/Post/Pier
  • Patio And Porch Features: Covered, Front Porch
  • Property Condition: Old Home 25+ Years
  • Roof: Composition

Garage/Parking

  • Attached Garage: No
  • Open Parking: Yes
  • Parking Features: No Garage, Driveway

Utilities

  • Cooling: Window Unit(s), Wall Unit(s)
  • Cooling Y N: Yes
  • Heating: Other
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Association: No

Schools

  • Junior High Dist: Brandon/Garrett

Lot Info

  • Lot Size Sq Ft: 7000.092
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Annual Amount: 1027

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 13, 2023
Closed on
Feb 24, 2023
Sold by
Shy Rays Llc
Bought by
Silva Edward P
Seller's Agent
Twila Bertrand
Century 21 Cota Realty
Buyer's Agent
Kaylee Sullivan
Keller Williams Realty-Tyler
List Price
$55,000
Views
56
Current Estimated Value
$92,398

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
25.33%
Source: Public Records

Range of Values:

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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Silva Edward P -- Security Guaranty Abstract
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/24/2023 02/24/23 Sold -- -- --
02/17/2023 02/17/23 Pending -- -- --
02/13/2023 02/13/23 For Sale $55,000 -- $42 / Sq Ft
Source: Lufkin Association of REALTORS®

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $1,110 $53,130 $10,460 $42,670
2024 $1,086 $51,970 $10,460 $41,510
2023 $1,811 $91,150 $10,460 $80,690
2022 $1,027 $45,090 $3,620 $41,470
2021 $689 $27,960 $3,620 $24,340
2020 $600 $24,430 $2,830 $21,600
2019 $635 $24,430 $2,830 $21,600
2018 $659 $23,630 $2,830 $20,800
2017 $659 $27,630 $2,830 $24,800
2016 $641 $26,880 $2,830 $24,050
2015 $742 $26,880 $2,830 $24,050
2014 $742 $25,990 $2,830 $23,160
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Lufkin Association of REALTORS®

MLS Number: 68288

APN: 43308