NOT LISTED FOR SALE

401 Magnolia Dr Troy, TX 76579

Estimated Value: $376,360 - $398,000

4 Beds
2 Baths
2,279 Sq Ft
$172/Sq Ft Est. Value

Last Sold May 06, 2022

Current estimated payment $2,552/month

73 Days on Market

Highlights

  • Custom Closet System
  • Traditional Architecture
  • Covered Patio or Porch
  • Edna Bigham Mays Elementary School Rated A-
  • Granite Countertops
  • Beamed Ceilings

About This Home

As of May 2022

The Nixon plan features 4BR/2BA and a study with 2279 sqft. Located on a corner lot in Troy's Turtle Creek, this home is convenient to the schools and I-35 for a short drive to Temple or Waco. Additional features include beamed ceilings, wood-burning fireplace, wood-look ceramic tile floors, crown molding, granite counters, and custom soft close cabinets and drawers.

Last Agent to Sell the Property

Wendy Nichols

Carothers Executive Homes License #0530089 Listed on: 10/08/2021

Carothers Executive Homes

Last Buyer's Agent

Nicole Torres

Parkway Real Estate License #0717586

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,842

Year Built

  • Built in 2021 | Under Construction

Lot Details

  • 0.25 Acre Lot
  • Privacy Fence
  • Wood Fence
  • Back Yard Fenced

Parking

  • 2 Car Garage

Home Design

  • Traditional Architecture
  • Slab Foundation
  • Masonry

Interior Spaces

  • 2,279 Sq Ft Home
  • Property has 1 Level
  • Crown Molding
  • Beamed Ceilings
  • Tray Ceiling
  • Ceiling Fan
  • Family Room with Fireplace
  • Laundry Room

Kitchen

  • Open to Family Room
  • Electric Range
  • Dishwasher
  • Kitchen Island
  • Granite Countertops
  • Disposal

Flooring

  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Split Bedroom Floorplan
  • Custom Closet System
  • Walk-In Closet
  • 2 Full Bathrooms
  • Double Vanity

Outdoor Features

  • Covered Patio or Porch

Utilities

  • Central Heating and Cooling System
  • Vented Exhaust Fan
  • Electric Water Heater
  • High Speed Internet
  • Cable TV Available

Community Details

  • Property has a Home Owners Association
  • Turtle Creek Subdivision

Listing and Financial Details

  • Legal Lot and Block 36 / 6
  • Assessor Parcel Number 489614

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,842

Year Built

Built in 2021 | Under Construction

Lot Details

0

Parking

2

Listing Details

  • Architectural Style: Traditional
  • Directions: I-35 North to Troy, Exit Main St/FM 935, go left under I-35 and past the schools, Left on Lee Mays Blvd, Left on Pecan, Right on Magnolia. Home is on the corner of Pecan and Magnolia.
  • Garage Yn: Yes
  • Unit Levels: One
  • Lot Size Acres: 0.25
  • Property Sub Type: Single Family Residence
  • Property Sub Type Additional: Single Family Residence
  • Prop. Type: Residential
  • Road Frontage Type: City Street
  • Building Stories: 1
  • Subdivision Name: Turtle Creek
  • Water Body Name: None
  • Year Built: 2021
  • Special Features: None
  • Stories: 1

Interior Features

  • Appliances: Dishwasher, Electric Range, Electric Water Heater, Disposal, Vented Exhaust Fan, Water Heater, Some Electric Appliances
  • Full Bathrooms: 2
  • Total Bedrooms: 4
  • Fireplace Features: Family Room, Wood Burning
  • Fireplaces: 1
  • Fireplace: Yes
  • Flooring: Carpet, Ceramic Tile
  • Interior Amenities: Beamed Ceilings, Tray Ceiling(s), Ceiling Fan(s), Crown Molding, Double Vanity, Home Office, Pull Down Attic Stairs, Split Bedrooms, Walk-In Closet(s), Custom Cabinets, Granite Counters, Kitchen Island, Kitchen/Family Room Combo, Pantry
  • Living Area: 2279.0
  • Private Spa: No
  • ResoLivingAreaSource: Builder

Exterior Features

  • Construction Type: Masonry
  • Exterior Features: Covered Patio, Porch
  • Fencing: Back Yard, Privacy, Wood
  • Foundation Details: Slab
  • Lot Features: < 1/4 Acre
  • Patio And Porch Features: Covered, Patio, Porch
  • Pool Features: None
  • Property Condition: Under Construction
  • Roof: Composition, Shingle
  • View: None
  • View: No
  • Waterfront: No

Garage/Parking

  • Garage Spaces: 2.0

Utilities

  • Heating: Central, Electric
  • Heating Yn: Yes
  • Laundry Features: Laundry in Utility Room, Laundry Room
  • Sewer: Public Sewer
  • Utilities: Cable Available, High Speed Internet Available, Trash Collection Public
  • Water Source: Public

Condo/Co-op/Association

  • Association: Yes
  • Community Features: None

Schools

  • Junior High Dist: Troy ISD

Lot Info

  • Parcel #: 489614
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Block: 6
  • Tax Lot: 36
  • Tax Year: 2021

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 8, 2021
Closed on
May 6, 2022
Sold by
Carothers Executive Homes Ltd
Bought by
Vance Timothy Lee and Vance Joan Carol
Seller's Agent
Wendy Nichols
Carothers Executive Homes
Buyer's Agent
Nicole Torres
Parkway Real Estate
List Price
$366,500
Current Estimated Value
$391,090

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
1.85%
Original Mortgage
$266,500
Outstanding Balance
$251,185
Interest Rate
4.42%
Mortgage Type
New Conventional
Estimated Equity
$139,905

Purchase Details

Closed on
Aug 31, 2021
Sold by
Mc Turtle Creek Development Llc
Bought by
Carothers Executive Homes Ltd

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,673,200
Interest Rate
2.7%
Mortgage Type
Construction
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Vance Timothy Lee -- Monteith Abstract & Title
Carothers Executive Homes Ltd -- Monteith Abstract & Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Vance Timothy Lee $266,500
Previous Owner Carothers Executive Homes Ltd $1,673,200
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/07/2022 05/07/22 Off Market -- -- --
05/06/2022 05/06/22 Sold -- -- --
12/20/2021 12/20/21 Pending -- -- --
10/08/2021 10/08/21 For Sale $366,500 -- $161 / Sq Ft
Source: Central Texas MLS (CTXMLS)

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $5,842 $398,828 $65,000 $333,828
2024 $5,842 $391,235 $65,000 $326,235
2023 $6,907 $411,647 $50,000 $361,647
2022 $5,713 $293,416 $40,000 $253,416
2021 $585 $26,000 $26,000 $0
2020 $927 $38,000 $38,000 $0
Source: Public Records

Agents Affiliated with this Home

  • Wendy Nichols

    Seller's Agent in 2022

    Wendy Nichols

    Carothers Executive Homes

    (254) 781-5971

    32 in this area

    326 Total Sales

    Wendy Nichols
    Section Image
  • Nicole Torres

    Buyer's Agent in 2022

    Nicole Torres

    Parkway Real Estate

    (254) 913-7853

    4 in this area

    111 Total Sales

    Nicole Torres
    Section Image
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Map

Source: Central Texas MLS (CTXMLS)

MLS Number: 453652

Central Texas MLS (CTXMLS)

APN: 489614

Texas Bell County Troy 76579

401 Magnolia Dr, Troy, TX

Not Listed for Sale

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