NOT LISTED FOR SALE

509 Magnolia Dr Troy, TX 76579

Estimated Value: $390,000 - $428,000

3 Beds
2.5 Baths
2,355 Sq Ft
$174/Sq Ft Est. Value

Last Sold June 29, 2024

Current estimated payment $2,802/month

23 Days on Market

Highlights

  • Open Floorplan
  • Living Room with Fireplace
  • 2 Car Attached Garage
  • Edna Bigham Mays Elementary School Rated A-
  • Granite Countertops
  • Eat-In Kitchen

About This Home

As of June 2024

Discover a stunning new construction masterpiece built by Carothers Homes in 2022. This impeccable Bush plan is designed to provide comfort and style with its spacious 3 bedrooms, 2.5 bathrooms, a study, and a formal dining room all wrapped up in 2355 square feet. As you step inside, you'll immediately notice the exquisite beamed ceilings and wood-look ceramic tile flooring. Every detail has been thoughtfully crafted with custom soft-close cabinets and drawers, ceiling fans, and crown molding to create a cozy and inviting atmosphere. This home also boasts a wood-burning fireplace in the living room and on the back patio. The kitchen is a chef's dream with its stunning granite countertops, under-cabinet lighting, and stainless steel appliances. The home's energy-efficient features include spray foam insulation, ensuring optimal comfort all year round. Outside, you'll find a fully sodded yard with an automatic sprinkler system to keep it looking pristine.

Last Agent to Sell the Property

Jennifer Bruns

eXp Realty LLC Brokerage Phone: 254-231-0209 License #0556372 Listed on: 02/12/2024

eXp Realty LLC

Last Buyer's Agent

Non-NTREIS MLS Licensee

NON MLS

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $7,357

Year Built

  • Built in 2022

Lot Details

  • 10,193

HOA Fees

  • $42 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • Front Facing Garage
  • Single Garage Door
  • Garage Door Opener
  • Driveway

Interior Spaces

  • 2,355 Sq Ft Home
  • 1-Story Property
  • Open Floorplan
  • Decorative Lighting
  • Living Room with Fireplace
  • 2 Fireplaces

Kitchen

  • Eat-In Kitchen
  • Electric Range
  • Microwave
  • Dishwasher
  • Kitchen Island
  • Granite Countertops
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Walk-In Closet
  • Double Vanity

Schools

  • Mays Elementary School
  • Troy High School

Additional Features

  • 10,193 Sq Ft Lot
  • Electric Water Heater

Community Details

  • Association fees include ground maintenance
  • Turtle Crk Ph I Subdivision

Listing and Financial Details

  • Legal Lot and Block 27 / 6
  • Assessor Parcel Number 489605

Home Details

Home Type

Single Family

Est. Annual Taxes

$7,357

Year Built

Built in 2022

Lot Details

0

HOA Fees

$42 per month

Parking

2

Listing Details

  • OWNERNAME: Lower.com
  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Architectural Style: Detached
  • Unit Levels: One
  • Attribution Contact: 254-231-0209
  • Co List Office Mls Id: TVRE01
  • Structure Type: House
  • HumanModifiedYN: No
  • UniversalParcelId: urn:reso:upi:2.0:US:48027:489605
  • Special Features: 5120

Interior Features

  • Square Footage: 2355.0
  • Fireplace Features: Living Room
  • Interior Amenities: Decorative/Designer Lighting Fixtures, Double Vanity, Eat-in Kitchen, Granite Counters, Kitchen Island, Open Floorplan, Pantry, Walk-In Closet(s)
  • Appliances: Dishwasher, Electric Range, Electric Water Heater, Disposal, Microwave
  • Basement YN: No
  • Fireplaces: 2

Beds/Baths

  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 3

Exterior Features

  • Community Features: Curbs
  • Pool Features: None
  • RoadSurfaceType: Asphalt

Garage/Parking

  • Garage Spaces: 2.0
  • Parking Features: Door-Single, Driveway, Garage Faces Front, Garage, Garage Door Opener
  • Attached Garage YN: Yes
  • GarageYN: Yes

Utilities

  • Sewer: Public Sewer
  • Utilities: Sewer Available, Water Available

Condo/Co-op/Association

  • HOA Fee Includes: Maintenance Grounds
  • Association Fee: 500.0
  • Association Fee Frequency: Annually
  • Association Name: unknown

Schools

  • Elementary School: Mays
  • High School: Troy
  • Junior High Dist: Troy ISD

Lot Info

  • PropertyAttachedYN: No
  • Lot Size Units: Acres
  • Lot Size Area: 0.234
  • Parcel Number: 489605
  • Lot Size Acres: 0.234
  • Lot Size Sq Ft: 10193.04

Building Info

  • Year Built: 2022

Tax Info

  • TaxBlock: 6
  • Tax Lot: 27
  • Tax Annual Amount: 7357.0

MLS Schools

  • MiddleOrJuniorSchool: Troy

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 12, 2024
Closed on
Jun 28, 2024
Sold by
Lower Llc and Thrive Mortgage Llc
Bought by
Glasscock Jerry D
Seller's Agent
Jennifer Bruns
eXp Realty LLC
Buyer's Agent
Non-NTREIS MLS Licensee
NON MLS
List Price
$389,900
Views
174
Current Estimated Value
$409,500

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.57%
Original Mortgage
$402,766
Outstanding Balance
$397,983
Interest Rate
7.02%
Mortgage Type
VA
Estimated Equity
$11,517

Purchase Details

Closed on
Dec 7, 2022
Sold by
Jones Phillip C and Jones Misty M
Bought by
Thrive Mortgage Llc

Purchase Details

Listed on
Aug 1, 2022
Closed on
Sep 1, 2022
Sold by
Carothers Executive Homes Ltd
Bought by
Jones Phillip C and Jones Misty M
Seller's Agent
Wendy Nichols
Carothers Executive Homes
Buyer's Agent
Amber Mezzacappa
Texas Signature Realty
List Price
$449,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-2.82%
Original Mortgage
$449,000
Interest Rate
5.54%
Mortgage Type
Construction

Purchase Details

Closed on
Dec 1, 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
$293,073
Interest Rate
3.09%
Mortgage Type
Future Advance Clause Open End Mortgage
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
Glasscock Jerry D -- Tejas Land & Title
Thrive Mortgage Llc -- --
Jones Phillip C -- --
Carothers Executive Homes Ltd -- Monteith Abstract & Ttl Co K
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Glasscock Jerry D $402,766
Previous Owner Jones Phillip C $449,000
Previous Owner Carothers Executive Homes Ltd $293,073
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
07/26/2024 07/26/24 For Sale $389,900 0.0% $166 / Sq Ft
07/24/2024 07/24/24 Off Market -- -- --
07/17/2024 07/17/24 For Sale $389,900 0.0% $166 / Sq Ft
07/17/2024 07/17/24 Off Market -- -- --
06/29/2024 06/29/24 Sold -- -- --
05/28/2024 05/28/24 Price Changed $389,900 -8.2% $166 / Sq Ft
03/13/2024 03/13/24 For Sale $424,900 0.0% $180 / Sq Ft
03/07/2024 03/07/24 Pending -- -- --
02/12/2024 02/12/24 For Sale $424,900 -5.4% $180 / Sq Ft
09/02/2022 09/02/22 Off Market -- -- --
09/01/2022 09/01/22 Sold -- -- -- View Prior Sale
08/03/2022 08/03/22 Pending -- -- --
08/01/2022 08/01/22 For Sale $449,000 -- $191 / Sq Ft
Source: North Texas Real Estate Information Systems (NTREIS)

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 $7,171 $413,502 $65,000 $348,502
2024 $7,171 $415,757 $65,000 $350,757
2023 $7,357 $438,438 $50,000 $388,438
2022 $779 $40,000 $40,000 $0
2021 $585 $26,000 $26,000 $0
2020 $927 $38,000 $38,000 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: North Texas Real Estate Information Systems (NTREIS)

MLS Number: 20534076

North Texas Real Estate Information Systems (NTREIS)

APN: 489605