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$337,769

NAL Estimated Property Value

602 Magnolia Dr, Troy, TX, 76579

Off MarketInfo
Beds4 Beds
Baths2 Bath
Baths1,666 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$197.96 / sqft
Year BuiltBuilt in 2021

Property Lead Type:

Off-Market ListAbsentee OwnerMove-In Ready

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesElectric Water Heater
FlooringVinyl

Building Information

Year Built2021
Stories1
Roof Type105
Garage Spaces2

Land Information

APN489626
Lot Number12
SubdivisionTurtle Creek Phase I
Land UseResidential
Legal DescriptionTURTLE CREEK PHASE I, BLOCK 007, LOT 0012
Census Tract020101
Assessed Land Value$65,000
Assessed Improvement Value$272,769
Assessment Year2025

About this property

Like New but Better! Knowing those beautiful spring and summer days are upon us, you must own this newer 4/2 with EXPANDED COVERED PATIO! This pristine condition, newly built home is the builder's most popular floor plan! 4 bedrooms, 2 bathrooms, Separate Tub and Shower Ensuite bath for the Primary Bedroom in that light and bright, grey and white with black accents you've been loading up your Pinterest Board with! Plus, that patio expansion is already perfectly tied in to the back of the home (unlike other post sale mods, this is a quality job). The scene of birthday parties and back yard BBQs! All luxury vinyl plank flooring inside for durability and low allergens. And, let's talk about this kitchen - WOW! 10' ceilings, Granite countertops and a slide in range with overhead microhood built in to staggered cabinetry is super elegant! Live large this summer, here in Turtle Creek!

Investor Tools

Property Icon
$337,769
Estimated Property Value
$291,765Estimated Mortgage Balance
$46,004Estimated Equity
13% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,027 /month
Positive
Cash Flow Estimate:
$676 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$542/month
$500/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$4,813
$337,769
2025
$65,000
$272,769
$337,769
No

Tax History

Year
Tax Paid
Assessed Value
2024
$4,813
$337,769

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
First Natinal Bank Texas
Conventional
$308,750
No
First
May 26, 2023
Jun 2053

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$291,765
$46,004
13%
86%
$1,852/mo

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: Troy

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602 Magnolia Dr | Property Details | No Agent List