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$675,000

241 Magnolia Dr, Coppell, TX, 75019

Off MarketInfo
Beds4 Beds
Baths3 Bath
Baths2,540 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$265.75 / sqft
Year BuiltBuilt in 1988

Property Lead Type:

Off-Market ListAbsentee OwnerMove-In Ready

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 2Bathrooms Full 2
Bathrooms Half 1Bathrooms Half 1
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Disposal

Exterior

Private PoolPrivate Pool
Lot Size9,840 sqft

Building Information

Year Built1988
Stories1
Roof Type105
Garage Spaces2

Land Information

APN180063500F0350000
Lot Number35
SubdivisionShadow Ridge
Land UseResidential
Legal DescriptionSHADOW RIDGE ESTATES 2ND INCR BLK F LT 35 INT202300174560 DD08252023 CO-DC 0063500F03500 2CO0063500F
Census Tract014126
Assessed Land Value$115,000
Assessed Improvement Value$473,240
Assessment Year2025

About this property

This home will start showings on Thursday May 7, but will be available to schedule showings starting Wed May 6. Rare opportunity to own a beautifully updated home with private backyard gate access to Wilson Elementary—the only International Baccalaureate (IB) Primary Years Program school in Coppell ISD—right in the heart of Coppell. This spacious 4-bedroom home combines location, function, and everyday convenience in one of Coppell’s most desirable neighborhoods. The custom handcrafted front door and upgraded wrought iron staircase create a strong first impression, while hardwood floors downstairs, smooth ceilings throughout (no popcorn ceilings), and a first-floor primary suite make the home both elegant and practical. The kitchen is designed for daily living and entertaining, featuring double-panel cabinetry, 42-inch upper cabinets, soft-close drawers, a gas cooktop, and generous storage. The oversized laundry room includes a sink, laundry chute, and space for an additional refrigerator. Step outside to a private backyard retreat featuring a sparkling pool, spa, pool heater, swim jet system, and custom child safety gate—perfect for year-round enjoyment, exercise, entertaining, and family fun. The direct backyard gate access to Wilson Elementary makes school drop-off and pickup uniquely convenient, while the private gated driveway and rear-entry garage add both privacy and curb appeal. Additional highlights include a newer roof and a gas-powered battery push-start generator with manual transfer switch, providing backup power to the first floor during outages. Located within walking distance to Old Town Coppell, the Farmers Market, Wagon Wheel Park, and local restaurants, this home offers the convenience, walkability, and school access that make Coppell one of the most sought-after communities for families. Experience comfort, style, and convenience all in one perfect home at 241 Magnolia!

Investor Tools

Property Icon
$675,000
Estimated Property Value
$600,000Estimated Mortgage Balance
$106,068Estimated Equity
11% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$4,050 /month
Positive
Cash Flow Estimate:
$1,350 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$1,065/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$9,401
$588,240
2025
$115,000
$473,240
$588,240
No

Tax History

Year
Tax Paid
Assessed Value
2025
$9,401
$588,240

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Fairway Independent Mortgage Corp
Conventional
$600,000
No
First
Aug 25, 2023
Sep 2053

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$568,932
$106,068
15%
84%
$3,598/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$3,160/mo
$3,598/mo
$-438/mo
5.6%

Learn About the Market: Opportunity in Texas

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Explore

Texas

Living in Texas means access to four of the nation’s most dynamic metro economies — Dallas–Fort Worth’s corporate and logistics powerhouse, Houston’s global energy and medical hub, Austin’s tech-driven and culturally iconic Live Music Capital of the World, and San Antonio’s historic yet steadily expanding military and healthcare center. The state blends economic scale with cultural significance, rooted in independence, entrepreneurship, and a strong sense of place — from Friday night football to world-renowned barbecue and music festivals. For homebuyers, Texas offers comparatively attainable housing, no personal income tax, and master-planned communities built around space and convenience; for investors, continued population growth, business relocation, and diversified industries create sustained demand across urban cores, suburbs, and emerging secondary markets.

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Population Growth

Population Growth

~1.3% annually

Net Migration

Net Migration

Positive

Median Home Price

Median Home Price

$283,800

Unemployment Rate

Unemployment Rate

4.3%

Price Trend

Price Trend

Flat

New Permits

New Permits

158,121

City: Coppell

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241 Magnolia Dr | Property Details | No Agent List