According to the invention, there is provided a novel soybean variety designated XB04E07. This invention thus relates to the seeds of soybean variety XB04E07, to the plants of soybean XB04E07 to plant parts of soybean variety XB04E07 and to methods for producing a soybean plant produced by crossing plants of the soybean variety XB04E07 with another soybean plant, using XB04E07 as either the male or the female parent.