NOT LISTED FOR SALE

501 Oak Dr Troy, TX 76579

Estimated Value: $538,000 - $703,000

5 Beds
4 Baths
2,872 Sq Ft
$211/Sq Ft Est. Value

Last Sold March 18, 2024

Current estimated payment $4,123/month

317 Days on Market

Highlights

  • 0.53 Acre Lot
  • Open Floorplan
  • Living Room with Fireplace
  • Edna Bigham Mays Elementary School Rated A-
  • Custom Closet System
  • Vaulted Ceiling

About This Home

As of March 2024

Striking curb appeal in this grand two-story Executive Series home in beautiful Turtle Creek! The Truman plan offers 5BR/4BA, 3-car garage and 2913 sqft. Four bedrooms and 3 bathrooms are downstairs on the main level. Upstairs is a large Bonus Room with its own bathroom and abundant closet space making an ideal additional guest suite, living area, or game room. Luxury interior features include crown molding, vaulted ceiling with wood beam, wood-look ceramic tile floors in the main areas, custom soft-close cabinets and drawers, wood-burning fireplace in the family room, ceiling fans, formal dining, cooktop and double built-in oven(s)/microwave, granite countertops, outdoor kitchen/outdoor fireplace, and landscaping package with sod, flower bed, and automatic sprinkler system. Our Turtle Creek neighborhood offers one of the lowest tax rates in Central Texas and is conveniently located between Temple and Waco.

Last Agent to Sell the Property

Wendy Nichols

Carothers Executive Homes Brokerage Phone: 254-773-0600 License #0530089 Listed on: 04/04/2023

Carothers Executive Homes

Last Buyer's Agent

NON-MEMBER AGENT TEAM

Non Member Office

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $10,588

Year Built

  • Built in 2023 | Under Construction

Lot Details

  • 0.53 Acre Lot
  • Privacy Fence
  • Back Yard Fenced

HOA Fees

  • $42 Monthly HOA Fees

Parking

  • 3 Car Garage
  • Outside Parking

Home Design

  • Traditional Architecture
  • Slab Foundation
  • Spray Foam Insulation
  • Masonry

Interior Spaces

  • 2,872 Sq Ft Home
  • Property has 2 Levels
  • Open Floorplan
  • Crown Molding
  • Vaulted Ceiling
  • Ceiling Fan
  • Recessed Lighting
  • Living Room with Fireplace
  • 2 Fireplaces
  • Game Room
  • Walkup Attic
  • Laundry Room

Kitchen

  • Built-In Oven
  • Electric Cooktop
  • Range Hood
  • Dishwasher
  • Kitchen Island
  • Granite Countertops
  • Disposal

Flooring

  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Split Bedroom Floorplan
  • Custom Closet System
  • Walk-In Closet
  • 4 Full Bathrooms
  • Double Vanity
  • Shower Only
  • Garden Bath
  • Walk-in Shower

Home Security

  • Prewired Security
  • Fire and Smoke Detector

Outdoor Features

  • Covered Patio or Porch
  • Outdoor Kitchen

Utilities

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

Community Details

  • Turtle Creek Association
  • Built by Carothers Exec Homes
  • Turtle Creek Subdivision

Listing and Financial Details

  • Legal Lot and Block 9 / 10
  • Assessor Parcel Number 489672

Home Details

Home Type

Single Family

Est. Annual Taxes

$10,588

Year Built

Built in 2023 | Under Construction

Lot Details

0

HOA Fees

$42 per month

Parking

3

Listing Details

  • Architectural Style: Traditional
  • Directions: I-35 North to Troy, Exit Main St/FM 935, turn left and go under I-35, go past the schools, turn left on Lee Mays Blvd, Right on Oak.
  • Garage Yn: Yes
  • Unit Levels: Two
  • Lot Size Acres: 0.53
  • Property Sub Type: Single Family Residence
  • Property Sub Type Additional: Single Family Residence
  • Prop. Type: Residential
  • Road Frontage Type: City Street
  • Building Stories: 2
  • Subdivision Name: Turtle Creek
  • Water Body Name: None
  • Year Built: 2023
  • Attribution Contact: 254-773-0600
  • Special Features: NewHome
  • Stories: 2

Interior Features

  • Appliances: Dishwasher, Electric Cooktop, Disposal, Oven, Range Hood, Vented Exhaust Fan, Some Electric Appliances, Built-In Oven, Cooktop, Microwave
  • Full Bathrooms: 4
  • Total Bedrooms: 5
  • Fireplace Features: Living Room, Wood Burning, Outside
  • Fireplaces: 2
  • Fireplace: Yes
  • Flooring: Carpet, Ceramic Tile
  • Interior Amenities: Attic, Ceiling Fan(s), Crown Molding, Double Vanity, Game Room, Garden Tub/Roman Tub, High Ceilings, Primary Downstairs, Main Level Primary, Open Floorplan, Recessed Lighting, Split Bedrooms, Shower Only, Separate Shower, Tub Shower, Vaulted Ceiling(s), Walk-In Closet(s), Wired for Sound, Custom Cabinets, Granite Counters, Kitchen Island
  • Living Area: 2872.0
  • Private Spa: No
  • ResoLivingAreaSource: Builder

Exterior Features

  • Builder Name: Carothers Exec Homes
  • Construction Type: Masonry, Spray Foam Insulation
  • Exterior Features: Covered Patio, Outdoor Kitchen, Porch
  • Fencing: Back Yard, Privacy
  • Foundation Details: Slab
  • Lot Features: Outside City Limits, 1/2 to 1 Acre Lot
  • 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: 3.0

Utilities

  • Cooling: Central Air, Electric
  • Cooling Y N: Yes
  • Heating: Central, Electric
  • Heating Yn: Yes
  • Laundry Features: Laundry in Utility Room, Laundry Room
  • Security: Prewired, Smoke Detector(s)
  • Sewer: Public Sewer
  • Utilities: Cable Available, High Speed Internet Available, Trash Collection Public
  • Water Source: Public

Condo/Co-op/Association

  • Association Fee: 500.0
  • Association Fee Frequency: Annually
  • Association Name: Turtle Creek
  • Association: Yes
  • Community Features: None

Schools

  • Junior High Dist: Troy ISD

Lot Info

  • Parcel #: 489672
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Block: 10
  • Tax Lot: 9
  • Tax Year: 2022

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 4, 2023
Closed on
Mar 18, 2024
Sold by
Carothers Executive Homes Ltd
Bought by
Randolph Luke G and Hernandez Nicole D
Seller's Agent
Wendy Nichols
Carothers Executive Homes
Buyer's Agent
NON-MEMBER AGENT TEAM
Non Member Office
List Price
$669,000
Views
69
Current Estimated Value
$605,698

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-0.13%
Original Mortgage
$467,390
Outstanding Balance
$459,631
Interest Rate
6.64%
Mortgage Type
New Conventional
Estimated Equity
$146,067

Purchase Details

Closed on
May 23, 2022
Sold by
Mc Turtle Creek Development Llc
Bought by
Carothers Executive Homes Ltd
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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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
Randolph Luke G -- Monteith Abstract & Title
Carothers Executive Homes Ltd -- Baird Crews Schiller & Whitake
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Randolph Luke G $467,390
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/18/2024 03/18/24 Sold -- -- --
02/15/2024 02/15/24 Pending -- -- --
01/19/2024 01/19/24 Price Changed $629,000 -3.1% $219 / Sq Ft
10/31/2023 10/31/23 Price Changed $649,000 -3.0% $226 / Sq Ft
04/04/2023 04/04/23 For Sale $669,000 -- $233 / 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 $10,588 $600,677 $95,000 $505,677
2024 $10,588 $613,920 $76,000 $537,920
2023 $4,591 $273,589 $64,000 $209,589
2022 $1,558 $80,000 $80,000 $0
2021 $1,440 $64,000 $64,000 $0
2020 $1,342 $55,000 $55,000 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Central Texas MLS (CTXMLS)

MLS Number: 502760

Central Texas MLS (CTXMLS)

APN: 489672