Magnolia Homes under $500,000

Magnolia Homes under $500,000

Welcome to Magnolia, Texas – a hidden gem nestled in the heart of Montgomery County! This charming city offers a perfect blend of small-town warmth and modern conveniences, making it an ideal place for families, young professionals, and retirees alike. Just a short drive from the bustling metropolis of Houston, Magnolia provides a peaceful retreat without sacrificing access to urban amenities.

One of the most appealing aspects of Magnolia is its stunning natural beauty. With lush green landscapes, scenic parks, and an abundance of outdoor recreational opportunities, residents can enjoy a leisurely lifestyle while embracing the great outdoors. The city is also home to a vibrant community spirit, with local events and festivals that bring neighbors together and foster lasting connections.

For those seeking affordable housing options, Magnolia has a fantastic selection of homes priced under $500,000. Whether you’re looking for a charming single-family home with a spacious yard, a modern townhouse with all the latest amenities, or a cozy cottage that exudes character, you’ll find a variety of choices that cater to diverse tastes and lifestyles. This affordability makes Magnolia an attractive option for first-time homebuyers and growing families looking to settle down in a welcoming community.

With its friendly atmosphere, beautiful surroundings, and a range of affordable homes, Magnolia is more than just a place to live – it’s a place to thrive. Come explore what this delightful city has to offer and discover your dream home in Magnolia today!

Newest Magnolia Homes under $500,000

311 Flower Reed Ct, Magnolia
$336,600
4 Beds ⋅ 3 Baths ⋅ 95447517 MLS ⋅ ACTIVE Status
This well-maintained 4-bedroom, 3-bath home in Magnolia Ridge Forest offers a flexible layout with plenty of room to spread out. The open kitchen and living area features high ceilings, abundant natural light, granite countertops, a large island and walk-in pantry. A downstairs guest bedroom with adjoining full bath provides a comfortable setup for visitors, while a dedicated home office makes working from home easy. Upstairs, the spacious bonus room works equally well as a game room, media space or second living area. Outside, the covered patio overlooks a private backyard perfect for grilling for two, or the entire street. Neighborhood amenities include a park, splash pad and covered pavilion.

311 Flower Reed Ct, Magnolia
42746 Loma Vista Ct, Magnolia
$452,900
4 Beds ⋅ 3 Baths ⋅ 44443584 MLS ⋅ ACTIVE Status
Coffered extended entry leads past a game room to the open kitchen, dining area, and family room. The kitchen features a 5-burner gas cooktop, a deep walk-in pantry, and a generous island with built-in seating space. The dining area features a wall of windows. Family room features a wall of windows. The primary suite highlights a wall of windows in the bedroom. Double doors lead to the primary bath with dual vanity, a freestanding tub, a separate glass-enclosed shower, and an oversized walk-in closet. Abundant closet space and large windows add to this spacious four-bedroom design. Extended covered backyard patio. Mud room off two-car garage.

42746 Loma Vista Ct, Magnolia
11656 Lazy Oak Creek Dr, Magnolia
$303,990
5 Beds ⋅ 3 Baths ⋅ 45729904 MLS ⋅ ACTIVE Status
New Construction Lennar Houston Home - The Santo Floor Plan - This new two-story home is host to an inviting open-concept layout on the first floor, featuring access to a covered patio for optimal entertaining and multitasking. Two bedrooms are tucked away to the side of the home, including the luxe owner’s suite with a full bathroom and walk-in closet. A versatile game room shares the second floor with three additional bedrooms. The completion date, prices and features may vary and are subject to change. Please verify with Lennar directly. Photos are for illustrative purposes only.

11656 Lazy Oak Creek Dr, Magnolia
1132 Oak Shade Cir, Magnolia
$250,990
4 Beds ⋅ 2 Baths ⋅ 28341858 MLS ⋅ ACTIVE Status
New Construction Lennar Houston Home - The Pinehollow Floor Plan - This single-level home showcases a spacious open floorplan shared between the kitchen, dining area and family room for easy entertaining. An owner’s suite enjoys a private location in a rear corner of the home, complemented by an en-suite bathroom and walk-in closet. There are three secondary bedrooms along the side of the home, which are comfortable spaces for household members and overnight guests. The completion date, prices and features may vary and are subject to change. Please verify with Lennar directly. Photos are for illustrative purposes only.

1132 Oak Shade Cir, Magnolia
1152 Oak Shade Cir, Magnolia
$295,990
4 Beds ⋅ 2 Baths ⋅ 25548140 MLS ⋅ ACTIVE Status
New Construction Lennar Houston Home - The Barlow Floor Plan - This new two-story home is host to an open-concept floorplan on the first level combining the kitchen, dining area and family room for effortless entertaining and multitasking. A versatile game room is located upstairs near four bedrooms, including the luxe owner’s suite with a spa-inspired bathroom and generous walk-in closet. The completion date, prices and features may vary and are subject to change. Please verify with Lennar directly. Photos are for illustrative purposes only.

1152 Oak Shade Cir, Magnolia
3017 Sycamore Bend Ct, Magnolia
$296,990
4 Beds ⋅ 2 Baths ⋅ 78654249 MLS ⋅ ACTIVE Status
New Construction Lennar Houston Home - The Littleton Floor Plan - On the first floor of this spacious two-story home is a convenient and modern layout seamlessly connecting the kitchen, dining room and family room together. In a private corner is the tranquil owner’s suite with an attached bathroom and walk-in closet. Upstairs is a sprawling central game room made for gatherings of all sizes, along with three secondary bedrooms to provide sleeping accommodations to family members and guests. The completion date, prices and features may vary and are subject to change. Please verify with Lennar directly. Photos are for illustrative purposes only.

3017 Sycamore Bend Ct, Magnolia
8934 Mystery Stone Dr, Magnolia
$390,900
5 Beds ⋅ 3 Baths ⋅ 92988284 MLS ⋅ ACTIVE Status
Whether you're catching up on your favorite shows, hosting friends, or enjoying a little friendly competition, the Driftwood plan at Canterra Creek is designed to be the ultimate place to unwind. With both relaxation and connection in mind, this home features two distinct living spaces for everyone to enjoy. Downstairs, an open family room flows into the dining area, creating a seamless space for entertaining. Upstairs, a spacious game room offers the perfect spot for movie nights, playtime, or relaxing.

8934 Mystery Stone Dr, Magnolia
21619 Lotus Elm St, Magnolia
$347,900
3 Beds ⋅ 3 Baths ⋅ 22589778 MLS ⋅ ACTIVE Status
The Mesquite plan has three bedrooms, two and a half bathrooms, and a two-car attached garage in a beautifully designed layout. The impressive master suite serves as a true retreat, featuring two spacious walk-in closets and a spa-inspired bathroom complete with a soaking tub, step-in shower, private water closet, and linen storage. Two additional bedrooms provide generous closet space and convenient access to a full secondary bathroom. Perfect for entertaining, the main level boasts a large family room, a separate dining area, and an upgraded kitchen highlighted by granite countertops, Whirlpool appliances, and elegant cabinetry.

21619 Lotus Elm St, Magnolia
21680 Lotus Elm St, Magnolia
$337,900
3 Beds ⋅ 3 Baths ⋅ 89125516 MLS ⋅ ACTIVE Status
The Mesquite plan has three bedrooms, two and a half bathrooms, and a two-car attached garage in a beautifully designed layout. The impressive master suite serves as a true retreat, featuring two spacious walk-in closets and a spa-inspired bathroom complete with a soaking tub, step-in shower, private water closet, and linen storage. Two additional bedrooms provide generous closet space and convenient access to a full secondary bathroom. Perfect for entertaining, the main level boasts a large family room, a separate dining area, and an upgraded kitchen highlighted by granite countertops, Whirlpool appliances, and elegant cabinetry.

21680 Lotus Elm St, Magnolia
21711 Lavender Falls Dr, Magnolia
$369,900
3 Beds ⋅ 2 Baths ⋅ 67833238 MLS ⋅ ACTIVE Status
Enjoy a spacious three-bedroom brick home with the Falls plan at Magnolia Woods. This home welcomes you with a beautiful foyer that leads to the kitchen and family room. You will love having a kitchen filled with an exceptional amount of counter space and storage. With no backyard neighbors and gorgeous greenbelt views, you can enjoy added privacy and a peaceful setting right from your backyard. Throughout the home, you will also find excellent storage options with linen closets in the hallways!

21711 Lavender Falls Dr, Magnolia
5910 Peony Pl, Magnolia
$333,900
3 Beds ⋅ 3 Baths ⋅ 77268194 MLS ⋅ ACTIVE Status
Discover comfort, style, and natural beauty in the thoughtfully designed three-bedroom Olive plan at Magnolia Woods. Nestled in a beautiful neighborhood surrounded by nature, this home offers a peaceful retreat without sacrificing modern convenience. Each spacious bedroom features its own walk-in closet, providing exceptional storage for the entire family. At the heart of the home, a large kitchen island overlooks the open family and dining rooms, creating an inviting space for entertaining, gathering, and everyday living. With its seamless layout, smart design, and serene setting, the Olive plan makes it easy to feel right at home.

5910 Peony Pl, Magnolia
21567 Bluebonnet Bay Dr, Magnolia
$377,900
4 Beds ⋅ 2 Baths ⋅ 9717771 MLS ⋅ ACTIVE Status
Welcome to the Oak floor plan at Magnolia Woods! This thoughtfully designed 4-bedroom, 2-bath home offers 1,801 SF of comfortable living with an open-concept layout perfect for everyday living and entertaining. The spacious family room flows seamlessly into the chef-ready kitchen and dining area, creating an inviting space to gather with family and friends. The private primary suite offers a relaxing retreat with a dual-sink vanity, step-in shower, and two walk-in closets for exceptional storage and organization. Additional features include granite countertops, linen closets throughout, a private backyard, covered porch and patio, and front yard landscaping. Enjoy Magnolia Woods amenities including a playground, dog park, pond, splash pad, play lawn, hiking and biking trails, nearby dining and shopping, excellent schools, and fiber access.

21567 Bluebonnet Bay Dr, Magnolia
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