Welcome to 505 Magnolia Trail, a charming 3-bedroom, 2-bath home with a dedicated office, located in the sought-after Silver Lake neighborhood. Situated just a short walk from Grapevine's vibrant Main Street, you’ll enjoy easy access to local dining, shopping, and festivals.
This David Weekley home sits on a corner lot in a beautiful, tree-lined neighborhood. Inside, you'll find spacious living areas, and outside, a covered, shaded patio and front porch offer the perfect spots to relax. The jacuzzi conveys with the property, adding a touch of luxury to your outdoor space.
Nature enthusiasts will love the proximity to Grapevine Lake, with its extensive trails for walking and dirt biking just minutes away. Plus, the home is ideally located only 10 minutes from DFW Airport, Grapevine Mills, and Southlake Town Square, giving you easy access to shopping, dining, and travel.
Experience the best of the Grapevine lifestyle, blending lake life, Main Street events, and a welcoming community.
Sold
Price Unknown
505 Magnolia Trl, Grapevine, TX 76051
3beds
1,653sqft
Single Family Residence
Built in 2000
8,145 Square Feet Lot
$502,300 Zestimate®
$--/sqft
$2,988 Estimated rent
Home value
$502,300
$477,000 - $527,000
$2,988/mo
Zestimate® history
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$700/mo
Est. payment
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Est. payment
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List your homeWhat's special
Zillow last checked:
Listing updated:
Listed by:
Helene Ashlock,
Magnolia Realty Grapevine 817-719-0280
Bought with:
Sophie Diaz
Sophie Tel Diaz Real Estate
Source: NTREIS,MLS#: 20727655
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 2
- Full bathrooms: 2
Primary bedroom
- Features: Ceiling Fan(s), Dual Sinks, En Suite Bathroom, Hollywood Bath, Separate Shower, Walk-In Closet(s)
- Level: First
- Dimensions: 17 x 12
Bedroom
- Level: First
- Dimensions: 10 x 13
Bedroom
- Level: First
- Dimensions: 10 x 11
Primary bathroom
- Features: Dual Sinks, En Suite Bathroom, Hollywood Bath, Separate Shower
- Level: First
- Dimensions: 11 x 16
Dining room
- Level: First
- Dimensions: 7 x 13
Other
- Features: Garden Tub/Roman Tub
- Level: First
- Dimensions: 9 x 6
Kitchen
- Features: Breakfast Bar, Built-in Features, Eat-in Kitchen, Kitchen Island, Pantry
- Level: First
- Dimensions: 10 x 13
Laundry
- Level: First
- Dimensions: 7 x 6
Living room
- Features: Ceiling Fan(s), Fireplace
- Level: First
- Dimensions: 18 x 14
Office
- Level: First
- Dimensions: 12 x 13
Heating
- Central, Electric, Fireplace(s)
Cooling
- Central Air, Ceiling Fan(s), Electric
Appliances
- Included: Dishwasher, Disposal, Gas Water Heater, Microwave
- Laundry: Washer Hookup, Electric Dryer Hookup
Features
- High Speed Internet, Cable TV
- Flooring: Carpet, Ceramic Tile
- Windows: Bay Window(s)
- Has basement: No
- Number of fireplaces: 1
- Fireplace features: Gas, Gas Log
Interior area
- Total interior livable area: 1,653 sqft
Property
Parking
- Total spaces: 2
- Parking features: Garage, Garage Door Opener
- Attached garage spaces: 2
Features
- Levels: One
- Stories: 1
- Patio & porch: Covered, Deck, Front Porch
- Exterior features: Rain Gutters
- Pool features: None
- Has spa: Yes
- Spa features: Hot Tub
- Fencing: Wood
Lot
- Size: 8,145 Square Feet
- Features: Sprinkler System
Details
- Parcel number: 07304994
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Traditional,Detached
- Property subtype: Single Family Residence
Materials
- Foundation: Slab
- Roof: Composition
Condition
- Year built: 2000
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Sewer Available, Water Available, Cable Available
Community & HOA
Community
- Security: Carbon Monoxide Detector(s), Fire Alarm, Smoke Detector(s)
- Subdivision: Silver Lake Add
HOA
- Has HOA: Yes
- Services included: Association Management
- HOA fee: $700 annually
- HOA name: First Service Residential
- HOA phone: 214-305-7403
Location
- Region: Grapevine
Financial & listing details
- Tax assessed value: $475,000
- Annual tax amount: $8,084
- Date on market: 10/3/2024
- Cumulative days on market: 18 days
- Listing terms: Cash,Conventional,FHA,VA Loan
- Exclusions: None
Price history
| Date | Event | Price |
|---|---|---|
| 11/15/2024 | Sold | -- |
Source: NTREIS #20727655 Report a problem | ||
| 10/29/2024 | Pending sale | $485,000$293/sqft |
Source: NTREIS #20727655 Report a problem | ||
| 10/21/2024 | Contingent | $485,000$293/sqft |
Source: NTREIS #20727655 Report a problem | ||
| 10/18/2024 | Price change | $485,000-3%$293/sqft |
Source: NTREIS #20727655 Report a problem | ||
| 10/3/2024 | Listed for sale | $500,000+47.9%$302/sqft |
Source: NTREIS #20727655 Report a problem | ||
| 12/9/2020 | Listing removed | $338,000$204/sqft |
Source: Keller Williams Realty Arlington #14449403 Report a problem | ||
| 11/3/2020 | Pending sale | $338,000$204/sqft |
Source: Keller Williams Arlington #14449403 Report a problem | ||
| 10/20/2020 | Listed for sale | $338,000$204/sqft |
Source: Keller Williams Arlington #14449403 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $1,862 -4.6% | $475,000 -5.5% |
| 2024 | $1,953 -19.2% | $502,613 +4.2% |
| 2023 | $2,417 +5.4% | $482,215 +21.7% |
| 2022 | $2,294 +13.7% | $396,387 +14.7% |
| 2021 | $2,017 +12.7% | $345,629 +13.7% |
| 2020 | $1,789 | $304,000 |
| 2019 | $1,789 +4.1% | $304,000 +5.2% |
| 2018 | $1,718 -71.5% | $289,000 +9.9% |
| 2017 | $6,034 +3.3% | $263,000 +4.1% |
| 2016 | $5,843 +26.8% | $252,679 +25.8% |
| 2015 | $4,609 | $200,900 |
| 2014 | $4,609 | $200,900 |
| 2013 | -- | $200,900 -0.9% |
| 2012 | -- | $202,800 +0.5% |
| 2011 | -- | $201,782 |
| 2010 | -- | $201,782 -5.8% |
| 2009 | -- | $214,300 +9.2% |
| 2008 | -- | $196,200 |
| 2007 | -- | $196,200 +9.4% |
| 2006 | -- | $179,300 |
| 2005 | -- | $179,300 |
| 2004 | -- | $179,300 |
| 2003 | -- | $179,300 +5.5% |
| 2002 | -- | $169,900 +6.4% |
| 2001 | -- | $159,700 +525.9% |
| 2000 | -- | $25,515 |
Find assessor info on the county website
Neighborhood: Silver Lake
Nearby homes
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Nearby schools
GreatSchools rating
- 7/10Silver Lake Elementary SchoolGrades: PK-5Distance: 0.5 mi
- 7/10Grapevine Middle SchoolGrades: 6-8Distance: 0.6 mi
- 7/10Colleyville Heritage High SchoolGrades: 9-12Distance: 4.3 mi
Schools provided by the listing agent
- Elementary: Silver Lake
- Middle: Grapevine
- High: Colleyville Heritage
- District: Grapevine-Colleyville ISD
Source: NTREIS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
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Estimated market value
$502,300
Get a cash offer in 3 minutes
Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
Estimated market value
$502,300
- Texas
- Tarrant County
- Grapevine
- 76051
- Silver Lake
- 505 Magnolia Trl
