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#20975408, Rachael Polk, Listing office: Real Estate Shoppe TX, LLC
$250,000 List price
1314 Magnolia St Gainesville, TX 76240
3 beds
2 full
1,906 sqft
0.4 acres
$131 / sqft
House
Property details
About 1314 Magnolia St
Charming, Spacious, and Priced to Sell Fast! Welcome to 1314 Magnolia Street – a rare opportunity in Gainesville with extra living space and unbeatable value. This inviting home features a converted garage that offers flexible bonus space — perfect for a second living area, home office, gym, or guest suite. You’ll also love the detached garage, providing ample storage, workshop potential, or secure parking. Set on a quiet street with a welcoming curb appeal, this home blends comfort and functionality, ideal for first-time buyers, investors, or anyone looking for a great deal. Whether you’re expanding your family or downsizing with room to spare, this property delivers. Don’t wait — homes at this price with this much potential don’t last long. Schedule your showing today!
Highlights
Home typeSingle Family Residence
HeatingCentral
StatusActive
CoolingCentral Air, Ceiling Fan(s)
Size1,906 sqft
Lot size0.419 Acres
Year built1957
ParkingDriveway, Enclosed, Garage
MLS #20988603
FireplaceLiving Room, Masonry
Virtual tour
Summary
- Full Bathrooms: 2
- Appliances: Dishwasher, Disposal, Gas Range, Microwave
- Basement: No
- Flooring Type: Luxury Vinyl Plank, Vinyl
- Interior: Chandelier, Eat-in Kitchen, Walk-In Closet(s)
- Fireplace: Living Room, Masonry
- Total Bedroom Count: 3
- Attached Garage: No
- Parking: Driveway, Enclosed, Garage
- Architectural Style: Ranch, Traditional, Detached
- Heating: Central
- Cooling: Central Air, Ceiling Fan(s)
- List Price: $250,000
- Price/SqFt: $131
- Annual Tax Amount: $2,692
- Tax Year: 2023
- Lot: Few Trees
- Directions: Please use GPS
- Year Built: 1957
- Living Area: 1,906 SqFt
- Lot Size: 0.419 Acres
- MLS Number: 20988603
- MLS Name: NTR
- Office Name: Absolute Realty
- Office Phone: (817) 642-7567
- Listing Agent: Chad Carlson
©2025 North Texas Real Estate Information Systems. All rights reserved. The database information herein is provided from and copyrighted by the North Texas Real Estate Information Systems, Inc. NTREIS data may not be reproduced or redistributed and is only for people viewing this site. All information provided is deemed reliable but is not guaranteed and should be independently verified. The advertisements herein are merely indications to bid and are not offers to sell which may be accepted. All properties are subject to prior sale or withdrawal. All rights are reserved by copyright.
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Last updated on: 7/16/2025, 10:45:34 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
Price information
Property sales
We're sorry, we currently don't have property sales data for this listing.
Tax history
| Year | Assessment | Property Tax |
|---|---|---|
| 2023 | $223,156 | $2,692 |
| 2022 | $259,659 | $2,692 |
| 2021 | $185,630 | $2,705 |
| 2020 | $168,911 | $2,698 |
| 2019 | $152,418 | $3,786 |
| 2018 | $138,562 | $3,786 |
| 2017 | $128,464 | $3,505 |
History based on county public records data.
Nearby schools
2
W E Chalmers Elementary School
Public District 2-4
1.9 mi
•600 FM 3092
8
Lindsay Elementary School
Public District PK-6
6.0 mi
•625 Knight Dr
4
Callisburg Elementary School
Public District PK-5
7.1 mi
•648 FM 3164
School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.
Neighborhood
The neighbors living near this home have an average income of $41,290. Typical income of Gainesville, TX residents is less than $<35k annually. Most families are single, no kids. Residents of this area typically have high school diploma education.
How much money do the neighbors make?
46%
<35k
45%
35k-100k
8%
100k-200k
1%
200k+
What level of education do the neighbors have?
High School Diploma
Post Secondary Degree
Masters Degree
What types of families live nearby?
51%
Single, No Kids
13%
Single, with Kids
18%
Married, No Kids
18%
Married, with Kids
Are the neighbors home owners or renters?
Home Owners
Renters
How old are people in this area?
21%
<11 yrs old
7%
12-17 yrs old
25%
18-34 yrs old
37%
35-64 yrs old
10%
65+ yrs old
What do the neighbors do for fun?
Pro Wrestling
Figure Skating
NASCAR
Where do the neighbors shop?
Wal-Mart
Kmart
Family Dollar
Where do the neighbors go to eat?
Sonic
Bob Evans
Dominos Pizza
What do the neighbors drive?
Oldsmobile
Buick
Ford
What do the neighbors listen to?
Contemporary Inspirational- Oldies
New Country
All data provided by Home Junction and Claritas
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Frequently asked questions
About 1314 Magnolia St
The listing price of 1314 Magnolia St property is $250,000.
The property 1314 Magnolia St is a house located in Gainesville, Texas, 76240.
Active Listing: 1314 Magnolia St is For Sale (Active/New) which means the seller is accepting offers.
The nearby schools for 1314 Magnolia St are: W E Chalmers Elementary School (GreatSchools Rating 2/10), Lindsay Elementary School (GreatSchools Rating 8/10), Callisburg Elementary School (GreatSchools Rating 4/10), Robert E Lee Intermediate School (GreatSchools Rating 3/10), Gainesville Jr High School (GreatSchools Rating 3/10), Callisburg Middle School (GreatSchools Rating 5/10), Gainesville High School (GreatSchools Rating 2/10), Lindsay High School (GreatSchools Rating 9/10), Callisburg High School (GreatSchools Rating 6/10).
According to the records, the last property tax for 2023 is $2,692 (source: MLS/based on county public records data).
The property at 1314 Magnolia St has 3 bedrooms and 2 bathrooms.
The property 1314 Magnolia St is 1,906 SqFt (source: MLS/tax record).
The year of construction for 1314 Magnolia St is 1957.
This home is located at 1314 Magnolia St in Gainesville, TX and zip code 76240. This 1,906 square foot home, which was built in 1957, sits on a 0.42 acre lot. Features: 3 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since July 7, 2025 and is currently priced at $250,000.
The number of listings in Gainesville, TX increased by 7.2% between May and June 2025. The median list price of listings available in June 2025 was $338,927, while the average time on the real estate market was 91 days.
From Rocket Homes Real Estate and based on county public records data.