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$435,000

317 Magnolia Dr, Princeton, TX, 75407

On MarketInfo
Beds5 Beds
Baths2 Bath
Baths2,686 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$161.95 / sqft
Year BuiltBuilt in 2016

Property Lead Type:

Absentee Owner

Highlights

Interior

Bedrooms 5Bedrooms 5
Bathrooms 2Bathrooms 2
AppliancesDishwasher, Disposal, Electric Range, Microwave, Washer
FlooringCarpet, Ceramic Tile

Exterior

Private PoolPrivate Pool

Building Information

Garage Spaces2

About this property

Welcome to 317 Magnolia Drive, a spacious five-bedroom home offering room to spread out both indoors and out. The flexible floor plan includes two generous living areas, 2.5 baths, and an attached two-car garage, making it well suited for a large household, entertaining, working from home, or creating dedicated hobby and media spaces. The home occupies one of the development’s premium lots, positioned along the west side of the neighborhood greenbelt. At roughly twice the size of many surrounding lots, the property provides exceptional backyard space, added separation, and a setting that feels more open and private than the typical neighborhood home site. The backyard is designed for recreation and relaxation, featuring an in-ground PebbleTec gunite pool with a sunning ledge. A heat-pump system helps extend the swimming season, while an extended metal-roof covered patio and deck along with the six-foot privacy fence creates a comfortable outdoor retreat. The sprinkler system helps maintain the lawn and landscaping throughout the warmer months. Additional features include attractive brick veneer construction, ample bedroom space with walk-in closets, multiple gathering areas, and a highly functional layout with room to adapt as your needs change. The property is served by growing Princeton ISD, which offers academic, fine arts, athletic, dual-credit, Advanced Placement, and extracurricular opportunities. The district’s Class of 2026 earned approximately $4.7 million in scholarships, reflecting its continued focus on preparing students for future success. With an oversized greenbelt lot, private pool, versatile living space, and five-bedroom design, this home offers a combination that is increasingly difficult to find.

Investor Tools

$0Estimated Mortgage Balance
$18,873Estimated Equity
100% equity
Estimated Cap Rate
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Estimated ARV (After-Repair Value)
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Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,610 /month
Positive
Cash Flow Estimate:
$870 /month

Interested in this property?

Rex Womack

Sudderth Real Estate, Inc.

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$647/month
$331/month
5.947%

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: Princeton

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317 Magnolia Dr | Property Details | No Agent List