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$399,000
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Property Description
Discover luxury and tranquility in the Monte Carlo plan, a masterpiece boasting a thoughtfully designed layout and exquisite features. This home is a sanctuary for relaxation, offering 4 bedrooms, 2 bathrooms, a 2-car garage, and 2120 square feet of living space. The family room is a large open design with plenty of natural lighting, beamed ceilings, and an electric fireplace offering a perfect space to relax, unwind, and create lasting memories. The spa-Like Master Bath is the epitome of relaxation. This space is designed to elevate your daily routine with features that go beyond the ordinary. From the vaulted ceilings, natural light, opposing vanities, dual-entry walk-in shower, and elegant garden tub, you will find the ultimate spot for relaxing. His and Hers walk-in closets in the Master bedroom offer the ideal solution for ample storage. The community of Turtle Creek is convenient to desirable Troy ISD schools and offers quick access to I-35 for commuting in either direction.
Full Property Details
Full Property Details for 507 Magnolia Dr
General
- Price: $399,000
- HOA FEE: $42/month
- HOA FEE FREQ.: Annually
- Status: Active
- Type: Single Family
- Source: Central_Texas_MLS
- MLS ID: 566522
- Updated: 12/30/2025
- Added to Site: 374 day(s) ago
Interior
- Interior Features: Beamed Ceilings, Built-in Features, Ceiling Fan(s), Crown Molding, Double Vanity, Entrance Foyer, Garden Tub/Roman Tub, His and Hers Closets, Multiple Closets, Open Floorplan, Pull Down Attic Stairs, Recessed Lighting, Split Bedrooms, Separate Shower, Tub Shower, Vanity, Vaulted Ceiling(s), Walk-In Closet(s), Custom Cabinets, Granite Counters, Kitchen Island
- Fireplace: Yes
- Number of Fireplaces: 1
- Fireplace(s): Electric, Living Room
- Appliances: Dishwasher, Electric Cooktop, Electric Water Heater, Disposal, Oven, Range Hood, Vented Exhaust Fan, Some Electric Appliances, Built-In Oven, Cooktop, Microwave
- Flooring: Carpet, Ceramic Tile
Rooms
Bathrooms
- Total Bathrooms: 2
- Full Bathrooms: 2
Bedrooms
- Total Bedrooms: 4
Other Rooms
- Laundry: Inside, Laundry Room
Additional Information
- Security/Safety: Smoke Detector(s)
Exterior
- Exterior Features: Covered Patio, Porch
- Porch/Patio/Deck: Covered, Patio, Porch
Parking
- Garage: Yes
- Garage Spaces: 2
Location
- County: Bell
- Subdivision: Turtle Creek
- Driving 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, Left on Pecan, Right on Magnolia.
School Information
- Elem School District: Troy ISD
- Midd School District: Troy ISD
- High School District: Troy ISD
Community
- Association: Yes
- Assoc. Name: Turtle Creek HOA
Heating & Cooling
- Central air: Yes
- Air Conditioning: Yes
- Cooling Type: Central Air, Electric
- Heating Type: Central, Electric, Heat Pump
Utilities
- Sewer: Public Sewer
- Water: Public
- Cable Available: Yes
- Utility Description: Cable Available, High Speed Internet Available, Trash Collection Public
Structural Information
- Architectural Style: Traditional
- Builder: Carothers Exec Homes
- Construction: Masonry, Spray Foam Insulation
- Roof: Composition, Shingle
- Stories/Levels: 1
- Square Feet: 2,120
- Sq. Ft. Source: Builder
- Living Area: 2,120 Sq. Ft.
- Year Built: 2025
- Year Built Source: Builder
Lot Features
- Lot Size (Acres): 0.21
- Frontage: City Street
- Fencing (Description): Back Yard, Privacy
Financial Considerations
- Association Fee: $500
- Assoc Fee Freq.: Annually
- Terms: Cash, Conventional, FHA, Texas Vet, VA Loan
Disclosures and Reports
- Special Conditions: Builder Owned
- Legal Description: TURTLE CREEK PHASE I, BLOCK 006, LOT 0028
- Property ID: 489606
- Block: 6
- Lot Number: 28
Listed by Carothers Executive Homes
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Schools
Schools serving 507 Magnolia Dr
School District:Troy Independent School District
| Name | Grades | Distance |
|---|---|---|
Edna Bigham Mays Elementary School 725 West Main Street, Troy, TX 76579 | PK-1 | 0.4 mi |
Troy Elementary School 808 East Austin Street, Troy, TX 76579 | 2-5 | 1.2 mi |
Raymond Mays Middle School 915 West Main Street, Troy, TX 76579 | 6-8 | 0.3 mi |
Troy High School 205 North Waco Road, Troy, TX 76579 | 9-12 | 0.6 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 507 Magnolia Dr
Date
Details
Price
Change
Source
9/11/2025
Price Reduced
$399,000
-2.44%
MLS
1/09/2025
Listed
$409,000
—
MLS
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 507 Magnolia Dr
Year
Property Taxes
Change
Tax Assessment
Change
2024
$690
-18%
$224,950
462%
2023
$839
—
$40,000
-20%
2023
$839
66%
$50,000
—
2022
$506
-10%
$50,000
92%
2021
$564
-34%
$26,000
-32%
2020
$855
—
$38,000
—
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 507 Magnolia Dr
507 Magnolia Drive, Troy, TX 76579 (MLS# 566522) is a Single Family property with 4 bedrooms and 2 full bathrooms. 507 Magnolia Drive is currently listed for $399,000 and was received on January 09, 2025. Want to learn more about 507 Magnolia Drive? Do you have questions about finding other Single Family real estate for sale in Troy? You can browse all Troy real estate or contact a Coldwell Banker agent to request more information.

