1101 E MAGNOLIA STREET, LEESBURG, FL, 34748
Active11 days on marketListed Jul 31, 2026MLS #GC542312
About this home
1101 E MAGNOLIA STREET
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.
Facts & features
The home at a glance
0.46 ac
Lot size
Inside
Outside & construction
Community & fees
Utilities & systems
The numbers
What it really costs
Built from this home's actual numbers — the most recent property-tax bill on record — not generic estimates.
$616 /mo · 3.5% down FHA, 30-yr fixed at 6%
The assumptions
FHA is the default here because it gets you in the door with just 3.5% down. Switch to Conventional or VA below.
These numbers assume a generic buyer — your credit, down payment and loan program change them. Get the real quote in minutes:
Andrew Acosta
Acosta Home Loans with PRMG · NMLS #1468866
Run your own numbers
Estimated payment
$616/mo
Includes FHA mortgage insurance and the financed 1.75% upfront premium. Taxes reflect the most recent bill on record; insurance is a typical-Florida estimate. Your lender’s numbers will differ. CENTURY 21 Edge partners with Florida’s best lenders.
Where it sits
Inside Leesburg
Drive times from this address
Estimated driving times, typical traffic. Data © OpenStreetMap contributors.
Get to know Leesburg. See the full Leesburg guide →
LEESBURG 34748 — neighborhood snapshot
Population
45,960
Median age
60.4
Median income
$53,768
Median home value
$226,200
Avg household
2.14
Households w/ children
3,516
For the school run
Lake County School District
School assignments and ratings via edgeAI — always verify with the district.
The numbers that matter
The Leesburg market
$269K → $290K
Leesburg median sold, yr/yr
96.1%
Sale-to-list ratio (12 mo)
Median sold price, Leesburg, trailing 36 months (3-month rolling) · live MLS data.
This home is listed 75% below the LEESBURG 34748 median. See the full Leesburg market guide →
Paper trail
This home's history
Reality check
What actually sold near 1101 E MAGNOLIA STREET
Asking prices are opinions — closed sales are facts. The most comparable homes that actually changed hands nearby in the last twelve months.
Sold · Jan ’26$182,500
201 FERNWOOD STREET
2 bd · 2 ba · 933 sqft · $196/sqft · 43 DOM
Sold · Mar ’26$200,000
201 FERN COURT
2 bd · 2 ba · 933 sqft · $214/sqft · 26 DOM
Sold · Feb ’26$180,000
200 FERNWOOD STREET
2 bd · 2 ba · 933 sqft · $193/sqft · 12 DOM
Closed-sale data from the MLS, last 12 months, selected for similarity in size and location. No two homes are identical — ask us for a full comparative analysis.
Your home team
The pros in your corner
Buying a home is two conversations — the home and the money. Here’s who handles each, side by side, already working together.
Your agent
Linda Johnson
REALTOR® · CENTURY 21 Edge
Tours, negotiation, and every question about 1101 E MAGNOLIA STREET — start here.
Your lender
Andrew Acosta
Acosta Home Loans with PRMG · NMLS #1468866
Pre-approval, rates, and the real monthly number for 1101 E MAGNOLIA STREET — before you fall in love.
See it in person
Schedule a tour
Pick a day that works — this goes straight to Linda's phone and CRM.
Straight answers
1101 E MAGNOLIA STREET FAQs
What would the monthly payment be for 1101 E MAGNOLIA STREET?+
With 3.5% down on a 30-year FHA loan at 6%, the all-in payment lands around $616/mo — principal and interest, the actual property-tax bill and typical Florida insurance. The payment calculator on this page lets you switch loan type (FHA, Conventional, VA) and adjust the down payment, rate and term.
What are the property taxes on 1101 E MAGNOLIA STREET?+
The most recent tax bill on record (2025) was $237. A new owner's bill can differ once the sale price resets the assessed value — we can walk you through what to expect.
How does the price compare to other homes in Leesburg?+
At $69,000, this home is listed about 77% below the Leesburg median of $299,000. The market section on this page shows how the area is trending.
Which schools are assigned to 1101 E MAGNOLIA STREET?+
Oak Park Middle School (middle), Leesburg Elementary School (elementary), Leesburg High School (high) — Lake County School District. Always verify school assignments with the district before relying on them.
Keep looking
Similar homes nearby
Listing courtesy of ADVANCED REALTY SERVICES OF GAINESVILLE, INC · Edwin Dix. MLS #GC542312.
IDX information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed accurate by Stellar MLS.
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