See Home Value
Princeton 75407
324 Magnolia Drive
$305,000
● House - Off Market

324 Magnolia Drive

Princeton, TX 75407
bedrooms
4 Beds
bathrooms
2 Baths, 1 Half Bath
square feet
2,169 Ft²
$1,575
Est. Monthly
$28
HOA / Fees
8.28%
Cap Rate

About This Property

Welcome to 324 Magnolia Drive, a beautifully maintained 4-bedroom, 2.5-bath home nestled in the heart of Princeton that features a functional open-concept layout ideal for comfortable living. The main living area showcases updated luxury vinyl plank flooring and fresh paint, flowing seamlessly into a bright kitchen and dining space. The kitchen is equipped with granite countertops, an oversized walk-in pantry, and a breakfast bar, offering the perfect blend of form and function. Just steps away, a cozy breakfast nook provides a sunlit spot ideal for morning coffee, casual meals, or a quiet moment with your favorite book. Downstairs, the private suite includes a spacious bedroom with bay windows, updated carpet, and a large walk-in closet. The en-suite bathroom has been fully refreshed with an oversized walk-in shower and updated vanity. Upstairs, three additional bedrooms and a full bathroom offer versatile space - ideal for creating personalized retreats, study zones, or play and relaxation areas tucked away from the main living spaces. Step outside to a fully fenced backyard featuring an open deck and an above-ground pool with an updated liner and valve. Prefer a blank canvas? The seller is open to removing the pool upon request. This home also includes 21 Tesla solar panels installed in 2022 that will be paid off at closing, providing immediate energy efficiency and long-term savings. Located in the Cypress Bend community, residents enjoy access to amenities such as a park, playground, basketball courts, walking trails, and more - all with low annual HOA dues. The location offers quick access to shopping, dining, and recreation, including Lake Lavon's Tickey Creek Park and the boutique shops and seasonal markets of Historic Downtown Princeton. Whether you're searching for a primary residence or an investment opportunity, 324 Magnolia Drive combines value and convenience in one move-in-ready package. No MUD or PID.
Unit Size
2,169 Ft²
Days on Market
-
Land Size
0.18 acres
Price per sqft
$145
Property Type
House
Property Taxes
-
HOA Dues
$28
Year Built
2016

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Last updated: 2 years ago (NTREIS #20995288)

Price History

Date / Event Date Event Price
Aug 18, 2025 Sold
Sold
Jul 17, 2025 In contract -
In contract
Jul 10, 2025 Listed by Keller Williams Realty Allen $315,000
Listed by Keller Williams Realty Allen

Property Highlights

Garage
Parking Available
Air Conditioning

Building Info

Overview

    General

  • Year Built: 2016
  • Effective Year Built: 2016
  • Building Count: 1
  • Total Rooms: 7
  • Bedroom Count: 4
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: 0
  • Building Quality: 0
  • Construction Type: 17
  • Building Style: 0
  • Exterior Walls Type: 2
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 0
  • Floor Count: 200
  • Floor Cover: 11
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 1
  • Garage Square Area: 441
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 139
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 7,785
  • Total Building Area: 2,609
  • Gross Building Area: 2,633
  • Building Area: 2,168
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 1
  • Heating: 3
  • Heated Square Feet: 2,168
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: CYPRESS BEND NO 2 (CPN)
  • Land Acres: 0000000179
  • Standard Land Use Code: 1001
  • County Land Use Code: A1
  • State Land Use Code: A1
  • Legal Description 1: CYPRESS BEND NO 2 (CPN), BLK R, LOT 11

Neighborhood

  • School District Name: Princeton Independent School District
  • School Tax School District: PRINCETON ISD
  • Census Tract: 031007

Geography

  • District: CPN
  • Parcel: R-10921-00R-0110-1
  • Block: R
  • Lot: 11
  • Municipality: PRINCETON CITY
  • Latitude: 33.1753
  • Longitude: -96.5289

    Address

  • Full Address: 324 Magnolia Dr
  • Address - House Number: 324
  • Address - Street Name: Magnolia
  • Address - Suffix Type: Dr
  • State: TX
  • City Name: Princeton
  • Carrier Code: R014
  • 4-Digit Zip Code: 0449
  • Zip Code: 75407

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $584,393
  • Tax Rate Code Area: SPN

    Appraisal Valuation

  • Standard Deviation: 0.2239
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 69
  • Final Value: 382,238
  • High Value: 467,822
  • Low Value: 296,655

    Market Valuation

  • Market Total Value: $375,428
  • Market Land Value: $104,500
  • Market Improvement Value: $270,928

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $303,063
  • Assessed Land Value: $104,500
  • Assessed Improvements Value: $270,928

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Aug 23, 2019
  • Current Sale Recording Date: Aug 26, 2019
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 20190826001040600
  • Previous Sale Recording Date: Jul 12, 2016
  • Previous Sale Contract Date: Jul 11, 2016
  • Previous Sale Amount: $220,900
  • Previous Sale Document Type: 70
Data used for valuation calculations is provided by RealtyHop, and other third party sources

Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes

About Princeton


Similar Homes for Sale

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Nearby Rentals

Unit for rent at 505 Blanton Street, McKinney, TX, 75069

$2,150 /mo

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  • 2 Baths
  • 2,046 ft²
505 Blanton Street, McKinney, TX, 75069 Listing by Carrie Deraps
Unit for rent at 921 Evergreen Street, Princeton, TX, 75407

$2,195 /mo

  • 4 Beds
  • 2 Baths
  • 1,999 ft²
921 Evergreen Street, Princeton, TX, 75407 Listing by HUNT Holdridge
Unit for rent at 1007 Marigold Street, Princeton, TX, 75407

$2,250 /mo

  • 4 Beds
  • 2 Baths
  • 2,036 ft²
1007 Marigold Street, Princeton, TX, 75407 Listing by Pouria Amjad


Frequently Asked Questions

When was property at 324 Magnolia Drive built and last sold?
The property at 324 Magnolia Drive was built in 2016 and last sold on Aug 23, 2019 for $0.
How much is this home worth?
The estimated value of the home located at 324 Magnolia Drive is $318,993.
What are some comparable homes to 324 Magnolia Drive?
There are currently no comparable homes to 324 Magnolia Drive.