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About this home
1101 E Magnolia St is a home Leesburg. Flood zone X - outside the FEMA high-risk areas, which keeps insurance manageable.
Build your dream home on this spacious 0.46± acre corner lot in the heart of Leesburg! Previously improved with a residence, this property offers the potential advantage of existing utility availability (buyer to verify), making it an excellent opportunity for builders, investors, or those looking to design a custom home. Located in an established neighborhood just minutes from historic downtown Leesburg, you'll enjoy convenient access to restaurants, shopping, medical facilities, parks, schools, and major highways. The oversized lot provides ample space for a custom residence, outdoor living areas, and additional parking. Don't miss this rare opportunity to own one of the larger residential lots available in this desirable central location.
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The essentials
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Details
Taxes reflect the most recent assessment in the MLS feed. Actual tax owed can vary, so confirm with the county property appraiser before closing.
Price history
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Property taxes are this home's actual annual bill from the MLS, divided by twelve. Insurance estimated at 0.60%. Rate defaults to 6.8% on a 30-year fixed. Tap a pencil to use your own numbers. Estimates only, not a loan quote.
Quick answers.
Price
$69,000
Time on market
71 days
Monthly payment
About $414/mo
That is 20% down on a 30-year fixed at 6.8%, plus the home's $237 annual tax bill, insurance.
Flood zone
Zone X
That is outside the high-risk areas, so flood insurance is usually optional rather than required by a lender.
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