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$1,299

601 N Oak Street 324, Roanoke, TX, 76262

On MarketInfo
Just AddedInfo
LeaseInfo
Beds1 Beds
Baths1 Bath
Baths540 Sq Ft
price_per_sqft$2.41 / sqft
Year BuiltBuilt in 2020

Highlights

Interior

Bedrooms 1Bedrooms 1
Bathrooms 1Bathrooms 1
AppliancesDishwasher, Disposal, Dryer, Electric Cooktop, Electric Oven, Microwave, Refrigerator, Washer

Exterior

Lot Size1.72 acres

Land Information

APNR978478
Lot Number1R
SubdivisionO T Roanoke & Brand & Bowen's
Land UseResidential
Legal DescriptionO T ROANOKE & BRAND & BOWEN'S BLK 29 LOT 1R
Census Tract020311
Assessed Land Value$2,244,560
Assessed Improvement Value$18,384,272
Assessment Year2025

About this property

Magnolia on Oak Street is a boutique apartment community located in the heart of Downtown Roanoke. Magnolia on Oak Street features spacious studio, one- and two-bedroom apartments with high-end finishes and is thoughtfully designed to provide residents with an environmentally sustainable, state-of-the-art, urban living experience. The features include expansive floor plans with amenities such as wine fridges, granite countertops, stainless steel appliances, full-size washer and dryer, keyless entry, and stylish interiors.

Interested in this property?

Taylor Farden

Magnolia Property Company

ContactContact

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$32,173/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$282,930
$20,628,832
2025
$2,244,560
$18,384,272
$20,628,832
No

Tax History

Year
Tax Paid
Assessed Value
2025
$282,930
$20,628,832

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Simmons Bank
Commercial
$16,500,000
No
First
Sep 29, 2021
Sep 2026

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$14,952,771
$5,676,061
27%
72%
$98,926/mo

Learn About the Market: Opportunity in Texas

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Explore

Texas

Living in Texas means access to four of the nation’s most dynamic metro economies — Dallas–Fort Worth’s corporate and logistics powerhouse, Houston’s global energy and medical hub, Austin’s tech-driven and culturally iconic Live Music Capital of the World, and San Antonio’s historic yet steadily expanding military and healthcare center. The state blends economic scale with cultural significance, rooted in independence, entrepreneurship, and a strong sense of place — from Friday night football to world-renowned barbecue and music festivals. For homebuyers, Texas offers comparatively attainable housing, no personal income tax, and master-planned communities built around space and convenience; for investors, continued population growth, business relocation, and diversified industries create sustained demand across urban cores, suburbs, and emerging secondary markets.

Explore Texas Explore This Area
Population Growth

Population Growth

~1.3% annually

Net Migration

Net Migration

Positive

Median Home Price

Median Home Price

$283,800

Unemployment Rate

Unemployment Rate

4.3%

Price Trend

Price Trend

Flat

New Permits

New Permits

158,121

City: Roanoke

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601 N Oak Street 324 | Property Details | No Agent List