Own for as low as $1,464 per month.Have questions about our affordable mortgages? Contact Us Today
Starting From $218,990
Scroll down to see all of the affordable home models in our community.
Starting From $218,990
Own a new home with low monthly payments, large backyards near downtown Durham. With easy access to I-85, shopping, dining and entertainment.
Own for as low as $1,464 per month.
"I love the quality of the home. I love the customer service. I recommend Ryan Homes to everyone!" -RavenContact Us
If you love the culture and growth of the downtown Durham area but the area’s typical price tag for newer construction has always held you back, then schedule a visit to Magnolia Creek.
Here, you can own a brand-new home in Durham for the same or less than you’re paying in rent!
Choose from ranch and 2-story homes offering 1,296-2,203 sq. ft. with 3-5 bedrooms, 2-2.5 bathrooms and 2-car garages, so you’ll have plenty of space for yourself and for entertaining friends and family in your huge backyard.
Every home has a fresh, open layout to maximize the use of space. And you’ll save on out-of-pocket costs because all of your appliances – even your washer and dryer – are included!
Schedule a visit to see this amazing new community for yourself!
This charming community is also incredibly convenient to downtown Durham - a blossoming, trendy area with so many options for experiencing good food, fun and culture.
On your days off, see a concert at the Durham Performing Arts Center or catch a game at the Durham Bulls Athletic Park, both within 5 miles.
For your morning commute, you’ll enjoy being just 3 miles from I-85, making it easy to navigate throughout the Raleigh/Durham area with ease. Duke Regional Hospital is also just 3 miles away.
Plus, plenty of grocery stores, cafes, restaurants and shopping are close to Magnolia Creek, making your errands a breeze! Come see for yourself all that this area has to offer!
I'm happy to answer any questions you may have about living in our community.
I’m happy to answer them! If you want more information or need help, just click the Contact button.
What you need to know before you buy to save time and money.
*Limited time only. Financing based on a 5/1 FHA ARM loan, with an interest rate of 4.125%, upfront mortgage insurance premium, an APR not to exceed 4.839%, and 3.5% down payment. Monthly payment assumes the base sales price of the community which includes principal, interest, estimated real estate taxes, insurance, up front mortgage insurance premium. Monthly payment does not include homeowner's association or condominium dues or assessments. The borrower is paying 0 discount point(s). Mortgage insurance is included in these examples because the LTV is 96.5% which requires mortgage insurance. Criteria for loan program qualification and interest rates on loan programs will vary based on credit criteria, final amount of down payment, and are subject to current market pricing. APR may vary depending on rate and final loan program. The financing used in this example is based on a conforming loan product and applies only to loan amounts that are $453,100 or less. Loan amounts over $453,100 are subject to additional costs/pricing. Must also meet FHA county guidelines. Certain restrictions may apply. Rates effective 2/15/2019 and subject to change without notice. The note rate may increase or decrease 1% per year after the 60th month and every 12 months thereafter. Over the life of the loan, the note rate may increase a maximum of 5%. On the annual adjustment intervals, the rate will adjust to the weekly average yield of the United States Treasury Securities adjusted to a constant maturity of one year (index) plus 2.250% (margin). Rates on loan programs may vary based on credit criteria, final amount of down payment, and are subject to current market pricing. APR may vary depending on rate and final loan program. Certain restrictions may apply. Prices, offers and financing are subject to change without notice. See sales representative for details.