Pending

Price cut: $5K (9/21)

$244,990

507 Flower Reed Ct, Magnolia, TX 77354

3beds

1,491sqft

$1,942/mo

Get pre-qualified

Single Family Residence

Built in 2026

5,749 Square Feet Lot

$240,000 Zestimate^®

$164/sqft

$48/mo HOA

What's special

Modern appliancesLuxurious walk-in showerSoaking tubKitchen features sleek countertopsDual sink vanityAmple cabinet space

READY NOW! The Azalea plan is a modern 3-bedroom, 2-bathroom, and 2-car garage home built by M/I Homes. The open floor plan connects the living room, dining area, and kitchen seamlessly. The kitchen features sleek countertops, modern appliances, and ample cabinet space. This single-story home spans 1,491 sq. ft. and includes 3 bedrooms, an owner's bedroom with an en-suite bathroom, a luxurious walk-in shower, a dual sink vanity, and a soaking tub. Additionally, there are 2 more bedrooms that can be used for guests, children, or a home office, providing versatility to suit your needs. Outside is a covered patio in the backyard for those lovely, cool, peaceful mornings and evenings.

107 days
104
18

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 3
Bathrooms: 2
Full bathrooms: 2

Primary bedroom

Level: First
Area: 210
Dimensions: 14x15

Bedroom

Level: First
Area: 120
Dimensions: 12x10

Bedroom

Level: First
Area: 120
Dimensions: 12x10

Dining room

Level: First
Area: 112
Dimensions: 14x8

Family room

Level: First
Area: 238
Dimensions: 14x17

Heating

Natural Gas

Cooling

Ceiling Fan(s), Electric

Appliances

Included: Disposal, Gas Oven, Microwave, Gas Range, Dishwasher
Laundry: Electric Dryer Hookup, Washer Hookup

Features

High Ceilings, Primary Bed - 1st Floor, Walk-In Closet(s)
Flooring: Vinyl
Windows: Insulated/Low-E windows
Has fireplace: No

Interior area

Total structure area: 1,491
Total interior livable area: 1,491 sqft

Video & virtual tour

View virtual tour

Property

Parking

Total spaces: 2
Parking features: Attached
Attached garage spaces: 2

Features

Stories: 1
Patio & porch: Covered
Fencing: Back Yard

Lot

Size: 5,749 Square Feet
Features: Subdivided, 0 Up To 1/4 Acre

Details

Parcel number: 530486

Construction

Type & style

Home type: SingleFamily
Architectural style: Traditional
Property subtype: Single Family Residence

Materials

Batts Insulation, Brick
Foundation: Slab
Roof: Composition

Condition

New construction: Yes
Year built: 2026

Details

Builder name: M/I Homes

Utilities & green energy

Sewer: Public Sewer
Water: Water District

Green energy

Green verification: HERS Index Score
Energy efficient items: Attic Vents, Thermostat, HVAC, HVAC>13 SEER

Community & HOA

Community

Subdivision: Magnolia Ridge

HOA

Has HOA: Yes
HOA fee: $575 annually

Location

Region: Magnolia

Financial & listing details

Price per square foot: $164/sqft
Tax assessed value: $35,000
Annual tax amount: $633
Date on market: 6/24/2026
Listing terms: Cash,Conventional,FHA,Investor,USDA Loan,VA Loan
Ownership: Full Ownership
Road surface type: Concrete, Curbs, Gutters

Estimated market value

$240,000

$228,000 - $252,000

$1,918/mo

Price history

Date	Event	Price
9/23/2026	Pending sale	$244,990$164/sqft
Source: HAR #4503547 Report a problem
9/21/2026	Price change	$244,990-2%$164/sqft
Source: HAR #4503547 Report a problem
9/14/2026	Price change	$249,990-2%$168/sqft
Source: HAR #4503547 Report a problem
9/4/2026	Price change	$254,990-1.9%$171/sqft
Source: HAR #4503547 Report a problem
8/28/2026	Price change	$259,990-1.9%$174/sqft
Source: HAR #4503547 Report a problem
8/3/2026	Price change	$264,990-1.9%$178/sqft
Source: HAR #4503547 Report a problem
7/20/2026	Price change	$269,990-2.9%$181/sqft
Source: HAR #4503547 Report a problem
6/24/2026	Listed for sale	$277,990$186/sqft
Source: HAR #4503547 Report a problem