Magnolia Homes under $500,000

Magnolia Homes under $500,000

Welcome to Magnolia, a charming city nestled in the heart of Texas, where Southern hospitality meets modern convenience. Known for its picturesque landscapes and friendly community, Magnolia offers a delightful blend of rural charm and urban accessibility. With its lush parks, vibrant local businesses, and a strong sense of community, Magnolia is the perfect place for families, young professionals, and retirees alike.

One of the most appealing aspects of Magnolia is its diverse housing market, particularly for those seeking homes under $500,000. Here, you can find a variety of options that cater to different lifestyles and preferences. From cozy single-family homes with sprawling yards to contemporary townhouses nestled in vibrant neighborhoods, there’s something for everyone. These affordable homes often feature modern amenities, spacious layouts, and beautiful outdoor spaces, making them ideal for both entertaining and enjoying quiet evenings at home.

Living in Magnolia means you can take advantage of the city's excellent schools, numerous recreational activities, and a close-knit community atmosphere. Explore the scenic trails, participate in local events, or simply enjoy a leisurely afternoon at one of the many parks. Plus, with easy access to nearby cities, you can enjoy the best of both worlds—small-town living with the conveniences of urban life just a short drive away.

Discover your dream home in Magnolia today, and experience the warmth and charm this wonderful city has to offer—all without breaking the bank!

Newest Magnolia Homes under $500,000

11 S Main St, Magnolia
$425,000
4 Beds ⋅ 4 Baths
Step inside and it immediately feels like home. Thoughtfully and lovingly renovated from top to bottom, this beautifully updated property blends original character, modern comfort, and elevated design in the heart of Magnolia. Every detail has been considered, from the preserved exposed beams to the stylish finishes and major mechanical upgrades that make this home feel truly move-in ready. The flexible floor plan features two primary suites with private en-suite bathrooms—one on the main level and one upstairs—creating an ideal setup for multi-generational living, guests, or a private in-law suite. Genuine hardwood flooring runs throughout the main living spaces, while the bathrooms feature luxurious large-format tile and beautifully updated finishes. The fully modern kitchen is outfitted with brand-new stainless steel appliances, warm wood accents, and eye-catching Art Deco-inspired tile. Just beyond it, a separate wet bar with a built-in wine cooler adds another thoughtful space for entertaining. The living area is anchored by an electric fireplace with built-in acoustic slat detailing, bringing warmth and modern character to the room. Behind the beautiful finishes, the home has been extensively updated with brand-new heating and air conditioning, electrical, and plumbing systems. Square footage is approx based on renovation additions. A brand-new stackable washer and dryer is already in place, giving you one less thing to purchase or worry about after moving in. Completely owned solar panels add another layer of efficiency without the burden of a solar lease. Outside, the expansive front porch is made for quiet mornings and cool fall evenings, while the large detached garage, generous parking area, and nicely sized backyard provide the kind of space that can be difficult to find with an in-town property. There is no HOA, and public water and sewer offer the convenience and low maintenance of town living without sacrificing the privacy and breathing room of a more rural setting. Even better, this location does not come with an additional city tax. Conveniently located just about a minute from Route 1, you’ll have easy access to Bowers Beach, DE Turf, Delaware’s beaches, and points north and south while still coming home to a quieter neighborhood setting. With its original charm carefully preserved, major systems replaced, stylish finishes throughout, and a location that offers both convenience and space, this home has truly been made new again. Clear your weekend and come see it before someone else calls it home.

11 S Main St, Magnolia

Listing courtesy of Iron Valley Real Estate Premier. Contact:

1313 West Dr, Magnolia
$399,000
3 Beds ⋅ 2 Baths
Nestled in the serene enclave of Cypress Gardens, this exquisite ranch-style residence embodies the perfect blend of comfort and sophistication. Spanning 1,810 square feet, this charming home offers a warm and inviting atmosphere, ideal for both relaxation and entertaining. As you step inside, you are greeted by a spacious living area adorned with a cozy fireplace, creating an inviting focal point for gatherings on chilly evenings. The open layout seamlessly connects the living space to the dining area, making it perfect for hosting intimate dinners or lively celebrations with friends and loved ones. The heart of the home features a well-appointed kitchen, ready for culinary adventures. With ample counter space and a thoughtful design, it invites creativity and connection. The main floor laundry adds a touch of convenience to your daily routine, ensuring that chores are a breeze. This residence boasts three generously sized bedrooms, each designed to provide a peaceful retreat. The two full bathrooms are tastefully appointed, offering both style and functionality. Every corner of this home reflects a commitment to quality and comfort, making it a true sanctuary. Step outside to discover a beautifully landscaped yard, perfect for outdoor gatherings or quiet moments of reflection. The patio invites you to enjoy morning coffee or evening sunsets, while the expansive lot of 0.34 acres provides ample space for gardening, play, or simply soaking in the tranquility of your surroundings. Additional structures, including a shed, offer practical storage solutions without compromising the aesthetic appeal of the property. There is a Tuscan pavilion with fishpond. Cypress Gardens is not just a location; it's a lifestyle. Enjoy the peace of suburban living while remaining conveniently close to local amenities, parks, and recreational opportunities. The community exudes a sense of belonging, where neighbors become friends and every day feels like a retreat. This home is more than just a property; it's a canvas for your life's memories. Experience the luxury of space, comfort, and a welcoming community in this delightful ranch-style residence. Embrace the opportunity to make this house your home, where every moment is cherished and every day is a celebration of life's simple pleasures.

1313 West Dr, Magnolia

Listing courtesy of Keller Williams Realty Central-Delaware. Contact:

135 Wicklow Dr, Magnolia
$489,500
4 Beds ⋅ 5 Baths
**NOVEMBER MOVE-IN!!** Welcome home to this thoughtfully designed two-story residence offering spacious living and flexible spaces throughout. Upon entry, you'll find a private study complete with a closet, making it ideal for a home office, playroom, or both. The foyer continues past a conveniently tucked-away powder room and coat closet before opening to the heart of the home. The open-concept main living area showcases wide plank flooring and features a beautifully appointed kitchen with a center island, quartz countertops, 42" cabinetry, and stainless steel appliances. The kitchen flows seamlessly into the dining area and great room, creating an ideal layout for both everyday living and entertaining. Upstairs, a centrally located loft provides valuable flex space perfect for a media area, homework station, or second living room. Three secondary bedrooms, each featuring walk-in closets, share a well-appointed hall bath. The spacious primary suite offers a private retreat with an en-suite bath featuring dual sinks and a large walk-in closet. A conveniently located second-floor laundry room adds to the home's functionality. The finished basement provides an additional 813 square feet of living space plus a full bath, offering endless possibilities for recreation, fitness, hobbies, or entertaining, while unfinished areas provide ample storage space. Located near the future dog park and offering easy access to Route 1, the Delaware Air Force Base, and just a short drive to Delaware’s renowned beaches, this home offers both comfort and convenience. Don’t miss your opportunity to own in this exceptional community! ** Please Read: Photos are for illustrative purposes only and may include renderings or images of the actual home or similar home/plan. Please see New Home Consultant for final pricing, finishes, and details. If you are working with a realtor, buyer representation must be acknowledged during the first interaction with Lennar, and the realtor must accompany the client on their first visit. Appointments are highly encouraged to ensure the best customer experience. Taxes will be assessed after settlement. Open houses are held at the model home, not at this address. PLEASE DO NOT ENTER THE HOME WITHOUT A NEW HOME SALES CONSULTANT. VISIT THE MODEL HOME FOR OPEN HOUSE ACCESS. During your visit the sales team can review details, timelines, and current incentives. Financing is available through Lennar Mortgage upon qualification. **

135 Wicklow Dr, Magnolia

Listing courtesy of Atlantic Five Realty. Contact:

3116 Walnut Shade Rd, Magnolia
$390,000
3 Beds ⋅ 2 Baths
Professional Photos Coming Soon! Opportunity awaits on 1.7 acres in Magnolia! This 3-bedroom, 1.5-bath ranch offers nearly 2,000 square feet of living space and plenty of potential for a buyer ready to make it their own. While the home still needs some TLC, approximately $90,000 in improvements have already been completed in 2026, providing a substantial head start. Recent updates include a new roof; newly enclosed porch with tile flooring; new exterior doors; new side and rear windows; new siding and insulation along the side and rear of the home; and replaced gutters and downspouts. The skylights have also been sealed, and several trees have been removed from the property. Inside, wood flooring runs throughout much of the home, with the exception of the primary bedroom. The partially finished basement is fully encapsulated and equipped with two sump pumps, while two attic access points provide additional accessibility from the hallway and garage. An attached one-car garage with inside access completes the property. The property is being sold AS-IS and offers an opportunity for a buyer to continue the improvements and create a home that fits their vision. The HVAC system is present but is not currently operational, and no appliances are included. Seller has never occupied the property and will make no repairs. AS-IS Addendum is required with all offers. Looking for even more space? The neighboring 0.90-acre parcel is also being offered for sale separately. See MLS # DEKT2050920 for additional information.

3116 Walnut Shade Rd, Magnolia

Listing courtesy of Keller Williams Realty. Contact:

611 Pasadena Dr, Magnolia
$399,999
3 Beds ⋅ 2 Baths
Beautifully renovated split-level home set on a large lot with a spacious fenced backyard, finished basement, garage and screened-in porch! Offering 3 bedrooms and 1.5 baths, this inviting home combines thoughtful updates with flexible living space and an exceptional amount of outdoor space. Step inside to find a freshly painted interior, new flooring throughout, new interior doors, updated light fixtures and ceiling fans, and a beautifully updated full bathroom with a new vanity and new fixtures. The spacious living room features a high ceiling, creating an open and airy feel. The updated kitchen features granite countertops, stainless steel appliances, a range hood and abundant cabinetry, providing plenty of storage and workspace for everyday living and entertaining. A convenient laundry room with a utility sink adds functionality. The finished basement provides valuable additional living space that can be used as a recreation room, home office, gym, playroom or whatever best suits your needs. Additional updates include new heating and air conditioning (2025), newer roof and siding, and thermal windows. One of the home's standout features is its generously sized lot and expansive fenced-in yard, offering plenty of room for outdoor entertaining, gardening, and relaxation. The backyard includes a shed, small deck and a beautifully renovated screened-in porch, creating multiple ways to enjoy the outdoors. New front fencing and rear stairs add to the home's appeal. The attached garage provides the convenience of direct access into the home. With its distinctive split-level design, numerous updates, finished basement and exceptionally spacious yard, this home offers a wonderful combination of comfort, flexibility and outdoor living!

611 Pasadena Dr, Magnolia

Listing courtesy of Redfin. Contact:

385 W Birdie Ln, Magnolia
$462,500
4 Beds ⋅ 3 Baths
Imagine beginning your morning at 385 W. Birdie Lane, where sunlight fills the kitchen as coffee brews beside sparkling granite countertops and stainless steel appliances. Built in 2018, this home—and its major systems—are only eight years old, offering the comfort, efficiency, and peace of mind associated with newer construction. The traditional floor plan provides an ideal balance of connection and privacy, with distinct spaces for gathering, working, relaxing, and making memories. Four bedrooms and 2.5 bathrooms offer plenty of room for every season of life. For added convenience and value, the washer and dryer are included for the new owner, making the transition into the home even easier. The basement expands the possibilities further. Create the game room you’ve always wanted, design a home gym, set up a creative studio, or take advantage of the valuable additional storage. At the end of the day, step onto the deck, fire up the grill, and unwind beneath the Magnolia sky. The owner’s original property survey and radon test will also be provided to the buyer. Depending on the buyer’s lender, inspector, and closing requirements, these documents could potentially save the buyer hundreds of dollars in inspection and closing costs. Located in Jonathan’s Landing, a welcoming golf course community surrounding one of Delaware’s popular public courses, residents can enjoy the distinctive links-style setting and nearby recreation. The home is also conveniently situated near Dover Air Force Base and within the Caesar Rodney School District. There is plenty to explore throughout the surrounding area. Spend a day hiking, fishing, paddling, or visiting the nature center at Killens Pond State Park; discover aviation history at the Air Mobility Command Museum; explore the museums and historic landmarks of downtown Dover; or enjoy nearby dining, entertainment, events, and tax-free shopping. With the current owners relocating for work, this lovingly maintained, eight-year-young home is ready for its next chapter. The story of 385 W. Birdie Lane is waiting to continue—and it could begin with you.

385 W Birdie Ln, Magnolia

Listing courtesy of Compass. Contact:

82 Paysan Ln, Magnolia
$499,900
4 Beds ⋅ 3 Baths
Welcome to 82 Paysan Lane in Magnolia! This beautifully maintained 4-bedroom, 2.5-bath home offers an abundance of space, thoughtful upgrades, and a private backyard oasis designed for both everyday living and entertaining. The main level features a desirable open-concept floor plan with a spacious living room, beautiful fireplace, dining area, and large eat-in kitchen. The kitchen offers an abundance of cabinetry, granite countertops, ceramic tile flooring, and plenty of workspace for cooking and gathering. The breakfast area includes custom-built shelving and a built-in seating bench, adding both character and functionality. New carpet and fresh paint throughout the home provide a clean, refreshed feel. The first floor also offers a dedicated office, convenient laundry room, and a spacious primary suite. The primary bedroom features custom woodworking, a walk-in closet, and a private en-suite bathroom complete with double sinks. Upstairs, you’ll find three spacious bedrooms with large closets, a full bathroom, and an additional family room—providing plenty of room for family, guests, hobbies, or a second living space. Ductless mini-splits in all four upstairs rooms offer individualized comfort and have contributed to reduced heating and cooling costs. The full basement provides endless possibilities and is already equipped with custom storage shelving, making organization a breeze. Whether you envision a recreation room, home gym, workshop, or additional finished living space, there is plenty of room to make it your own. Step outside and discover your own private retreat. The fenced backyard is surrounded by mature trees, creating a peaceful and private setting. A large deck with pergola and hot tub provides the perfect place to relax or entertain, while the stone fire pit adds another inviting gathering space. A large storage shed provides additional storage for lawn equipment, outdoor toys, and more. The oversized two-car garage offers even more functionality with an epoxy floor and its own ductless mini-split system, making the space comfortable year-round and ideal for a workshop, hobby area, or additional storage. With its spacious layout, first-floor primary suite, office, multiple living areas, full basement, oversized garage, extensive storage, and exceptional outdoor living space, this Magnolia home offers a wonderful combination of comfort, privacy, and versatility. Come see everything 82 Paysan Lane has to offer!

82 Paysan Ln, Magnolia

Listing courtesy of Keller Williams Realty. Contact:

545 Currant Cir, Magnolia
$409,900
4 Beds ⋅ 3 Baths
VA ASSUMABLE LOAN OPPORTUNITY! Sellers existing VA loan with a 5.99% interest rate may be assumable by a qualified buyer/s, subject to lender/servicer approval. Ask for details!! 545 Currant Circle in Magnolia, Delaware is not even three years old, yet it is ready to welcome its new owners! Only a job relocation makes this beautiful home in the award-winning Caesar Rodney School District available. Since purchasing the home, the owners have added several thoughtful upgrades that enhance both the indoor and outdoor living spaces. Situated on one of the larger lots in Loganberry Village, the property offers ample backyard space, a portion of which is fenced, along with a wonderful setting beside the community pond. With no neighboring home on one side, a wooded backdrop behind, and a wooded view directly across from the home, the outdoor space offers a little extra breathing room to enjoy. An added screened-in porch extends the living space outdoors and creates the perfect spot for morning coffee, evening dinners, or simply relaxing from spring through fall. Inside, this four-bedroom, two-and-a-half-bath home has been very well maintained and is truly move-in ready. All appliances and window blinds are included, making the transition even easier for its next owners. As you enter, you are greeted by an open floor plan designed for comfortable everyday living and entertaining. Luxury vinyl plank flooring flows throughout the main level, offering both style and easy maintenance. The living room is filled with natural light and enjoys views of the wooded backdrop, while the adjoining dining area provides plenty of room for a large table and offers direct access to the screened-in porch and backyard. The kitchen is at the heart of the open living space and features upgraded granite countertops, stainless steel appliances, a large center island, spacious pantry, and plenty of cabinet and counter space. Upstairs, the primary suite is tucked along the back of the home where you can enjoy peaceful views at the end of the day. The en-suite bath features a walk-in shower, dual vanity, large linen closet, and private water closet. The spacious walk-in closet allows for all your wardrobe and storage needs. Three additional generously sized bedrooms offer great closet space and share a second full bathroom with a tub/shower combination and dual vanity. For added convenience, the laundry room is also located on the second floor. With thoughtful upgrades, generous indoor and outdoor living spaces, and a beautiful setting beside the pond, 545 Currant Circle offers so much to enjoy both inside and out. Conveniently located near shopping, dining, Dover Air Force Base, medical facilities, beaches, airports, state parks, and more! Taxes, HOA fees, square footage, and room sizes are estimated. Buyers are to perform their due diligence.

545 Currant Cir, Magnolia

Listing courtesy of Keller Williams Realty Central-Delaware. Contact:

145 Currant Cir, Magnolia
$399,900
4 Beds ⋅ 3 Baths
FINANCING OPPORTUNITY! Sellers VA loan with a 4.99% interest rate may be assumable by a qualified buyer/s, subject to lender/servicer approval! Ask for details! Just three years young, exceptionally maintained, and offering a private wooded backdrop, 145 Currant Circle is ready to welcome you home! A job relocation is the only reason this amazing property is available! Located in Magnolia within the award-winning Caesar Rodney School District, this four-bedroom, two-and-a-half-bath home combines modern comfort with an easy, functional floor plan designed for everyday living and entertaining. The open-concept main level creates a natural flow between the Kitchen, Dining Area, and Living Room, making it just as comfortable for quiet evenings at home as it is for gathering with family and friends. The Kitchen features stainless steel appliances, a center island offering additional workspace and seating, and a pantry for plenty of storage. Just beyond the Dining Area, step through the sliding doors and discover one of this home’s best features: a maintenance-free composite deck overlooking the peaceful wooded backdrop. With no homes directly behind you, this outdoor space offers wonderful privacy and a place to enjoy colorful foliage in the fall, budding leaves in the spring, summer grilling, morning coffee, or simply unwinding at the end of the day. Upstairs, the thoughtful layout provides added privacy with the Primary Suite situated on one side and three additional bedrooms on the other. The spacious Primary Suite features a large walk-in closet and an en-suite bath with dual vanity, walk-in shower, private water closet, and oversized linen closet. Each of the additional bedrooms offers comfortable space and generous closets, while the conveniently located second-floor Laundry Room makes everyday routines a little easier. Exceptionally cared for and truly move-in ready, this home also includes blinds on all windows, saving you the time and expense of adding them after move-in. The community offers a scenic setting along with a playground and basketball court, while its Magnolia location provides convenient access to shopping, dining, schools, Dover Air Force Base, medical facilities, area parks, Delaware beaches, and more. Come experience the comfort of a newer home, the convenience of a well-designed floor plan, and a backyard setting that gives you your own private place to unwind. Taxes, HOA fees, square footage, and room sizes are estimated. Buyers are to perform their due diligence. Audio/Visual on site.

145 Currant Cir, Magnolia

Listing courtesy of Keller Williams Realty Central-Delaware. Contact:

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