4031 Magnolia Ridge Drive, Melissa, TX 75454 - Photo 1

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$514,999 -$50,000 (-8.85%) Price Reduced

For Sale
Active
Single Family
4 Beds
4 Full Baths
0.152 Acres
3 Car Garage
Updated 5 days ago

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Property Description

Back on the market due to buyer financing falling through. Priced to sell and being sold as-is; no repairs will be made. This is not a distress sale, however the seller is motivated and the home is priced accordingly. The property has been pre-inspected and features a gunite pool, brand-new roof, and numerous updates since ownership.

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Full Property Details

Full Property Details for 4031 Magnolia Ridge Dr

General

Price: $514,999
HOA FEE: $30/month
HOA FEE FREQ.: Annually
Taxes: $11,419
Status: Active
Type: Single Family
Source: NTREIS
MLS ID: 21109608
Updated: 1/13/2026
Added to Site: 66 day(s) ago

Interior

Interior Features: Cathedral Ceiling(s), Decorative/Designer Lighting Fixtures, Double Vanity, Eat-in Kitchen, Granite Counters, High Speed Internet, Kitchen Island, Loft, Open Floorplan, Pantry, Vaulted Ceiling(s), Walk-In Closet(s)
Fireplace: Yes
Number of Fireplaces: 1
Fireplace(s): Wood Burning
Appliances: Dishwasher, Electric Cooktop, Electric Oven, Disposal, Microwave
Flooring: Hardwood, Tile

Rooms

Bathrooms

Total Bathrooms: 4
Full Bathrooms: 4

Bedrooms

Total Bedrooms: 4

Additional Information

Pool: Yes
Pool Description: Gunite, In Ground, Pool

Parking

Garage: Yes
Attached garage: Yes
Garage Spaces: 3
Covered Spaces: 3
Parking Features: Garage Faces Front, Garage, Garage Door Opener

Location

County: Collin
Subdivision: Magnolia Ridge Ph 1
Driving Directions: See GPS

School Information

Elem School District: Melissa ISD
Midd School District: Melissa ISD
High School District: Melissa ISD
Elementary School: North Creek
Middle School: Melissa
High School: Melissa

Community

Association: Yes
Assoc. Name: New Roc Services
Assoc. Fees Include: Association Management

Heating & Cooling

Air Conditioning: Yes
Cooling Type: Electric
Heating Type: Electric

Utilities

Sewer: Public Sewer
Water: Public
Utility Description: Sewer Available, Water Available

Structural Information

Property Detached: Yes
Architectural Style: Traditional, Detached
Structure Type: House
Detached/Attached: Detached
Construction: Brick
Stories/Levels: 2
Living Area: 3,380 Sq. Ft.
Year Built: 2021

Lot Features

Lot Size (Acres): 0.152
Lot Size (Sq. Ft.): 6,621.12
Lot Features: Backs to Greenbelt/Park, Interior Lot, Subdivision
Fencing (Description): Wood

Financial Considerations

For Sale/Rent/Lease: For Sale
Association Fee: $360
Assoc Fee Freq.: Annually
Tax Amount: $11,419
Terms: Cash, Conventional, FHA, VA Loan

Disclosures and Reports

Legal Description: MAGNOLIA RIDGE PHASE 1 (CML), BLK A, LOT 16
Exclusions: Mirrors in downstairs bedroom, AC Window Units
Property ID: R1085600A01601
Block: A
Lot Number: 16

Listed by The Ivey Agency LLC, Gregory Ivey

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Listing agent

— 4031 Magnolia Ridge Dr —

Gregory Ivey

The Ivey Agency LLC

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Schools

Schools serving 4031 Magnolia Ridge Dr

School District:Melissa Independent School District

Name	Grades	Distance
North Creek Elementary School 4401 Cypress Drive, Melissa, TX 75454	K-5	0.7 mi
Harry Mckillop Elementary School 3509 Liberty Way, Melissa, TX 75454	K-5	1 mi
Melissa Middle School 3150 Cardinal Drive, Melissa, TX 75454	6-8	1.8 mi
Melissa High School 3030 Milrany Lane, Melissa, TX 75454	9-12	1.1 mi

Disclaimer: School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History for 4031 Magnolia Ridge Dr Get Price Alerts and Save Property

Date

Details

Price

Change

Source

1/13/2026

Price Reduced

$514,999

-8.85%

MLS

12/22/2025

Price Reduced

$564,999

-5.83%

MLS

11/13/2025

Listed

$599,999

—

MLS

Get Price Alerts and Save Property

Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Tax History

Tax History for 4031 Magnolia Ridge Dr

Year

Property Taxes

Change

Tax Assessment

Change

2024

$10,551

7%

$610,000

-2%

2023

$9,888

-5%

$625,000

6%

2022

$10,455

—

$587,752

13%

2022

$10,455

373%

$519,352

436%

2021

$2,209

86%

$96,961

99%

2019

$1,185

-6%

$48,675

-2%

2018

$1,258

28%

$49,500

29%

2017

$980

6%

$38,400

7%

2016

$925

—

$36,000

—

Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Estimate the Cost

Estimate the Cost for 4031 Magnolia Ridge Dr

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4031 Magnolia Ridge Drive, Melissa, TX 75454 (MLS# 21109608) is a Single Family property with 4 bedrooms and 4 full bathrooms. 4031 Magnolia Ridge Drive is currently listed for $514,999 and was received on November 13, 2025. Want to learn more about 4031 Magnolia Ridge Drive? Do you have questions about finding other Single Family real estate for sale in Melissa? You can browse all Melissa real estate or contact a Coldwell Banker agent to request more information.

4031 Magnolia Ridge Dr Melissa, TX 75454