Lancaster, TX 75146,871 Magnolia Lane

$130,000

Est.Price: ?

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Est. payment /mo

3 Beds

2 Baths

1,447 SqFt


SOLD DATE : 08/21/2025

Key Details

Property Type Single Family Home

Sub Type Single Family Residence

Listing Status Sold

Purchase Type For Sale

Square Footage 1,447 sqft

Price per Sqft $89

Subdivision Lancaster Park 02 Instl

MLS Listing ID 20937273

Sold Date 08/21/25

Style Traditional

Bedrooms 3

Full Baths 2

HOA Y/N None

Year Built 1968

Annual Tax Amount $5,224

Lot Size 9,016 Sqft

Acres 0.207

Property Sub-Type Single Family Residence

Property Description

Calling all investors looking for their next project! All of the hard work and demo is already done, and this one is a clean slate ready for you to turn into your next rental or flip. Bring your toolbelt, flashlight, and hard hat for this one! This property needs work and is not pretending otherwise. Missing subfloor, nonexistent bathrooms, the kitchen is situated somewhere in the living room and not nailed down, and much more. All included at no extra cost. But beneath the chaos lies serious potential for those who know how to turn a trainwreck into treasure. Whether you're flipping, renting, or collecting horror stories to tell at a local REIA meeting, this is your golden opportunity. Sold as-is, where-is, and exactly how you'd expect it to be.

Location

State TX

County Dallas

Direction use gps

Rooms

Dining Room 1

Interior

Interior Features Other

Heating Central, Electric

Cooling Central Air, Electric

Fireplaces Number 1

Fireplaces Type Wood Burning

Appliance None

Heat Source Central, Electric

Exterior

Garage Spaces 2.0

Utilities Available Alley, City Sewer, City Water

Total Parking Spaces 2

Garage Yes

Building

Story One

Level or Stories One

Structure Type Brick,Siding,Wood

Schools

Elementary Schools West Main

Middle Schools Lancaster

High Schools Lancaster

School District Lancaster Isd

Others

Ownership Tricon SFR 2020-2 Borrower LLC

Acceptable Financing Cash

Listing Terms Cash

Financing Cash

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North Texas Real Estate Info Systems (NTREIS) -MetroTex and Collin County (CCAR)
Listed by Chad Joyce • Aplomb Real Estate
Bought with Dan Willems • RE/MAX DFW Associates
Amy Beyer Realtor

"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "

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