Skip main navigation
For sale
    • Price cut: $50K (11/10)
    $1,249,990

    40498 Community Rd, Magnolia, TX 77354

    4beds
    3,102sqft
    : 
    Single Family Residence
    Built in 2015
    4 Acres Lot
    $1,214,600 Zestimate®
    $403/sqft
    $-- HOA

    What's special

    Welcome Home to your Private Piece of Texas Paradise! Nestled on almost 6 unrestricted acres in the booming Magnolia area, this property offers space, freedom, and endless potential. Located in one of the fastest-growing corridors in Montgomery County, you're just minutes from Major Thoroughfares, Shopping, Dining, and the Upcoming Magnolia Town Center Expansion — yet far enough to enjoy peace and privacy. The home offers a solid foundation for your vision — whether you're looking to renovate, expand, or build new. With no HOA restrictions, you have the freedom to develop the land your way — think workshop, guest house, garden, or even a small business. Key Highlights Include: 2 flat, usable acres (cleared and ready for possibilities), Excellent location with tons of future growth, Room for horses, toys, or additional structures Zoned to Magnolia ISD and Minutes from The Woodlands, Tomball, and Hwy 249 Don’t wait — land like this is going fast in Magnolia!
    51 days
    |
    480
    |
    46
    |

    Zillow last checked: 8 hours ago

    Listing updated: December 02, 2025 at 05:05am

    Listed by:

    Shawn Speer TREC #0592162 713-249-8196,

    7th Generation Realty

    Source: HAR,MLS#: 29954366MLS Logo

    Tour with a local agent

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 4
    • Bathrooms: 4
    • Full bathrooms: 3
    • 1/2 bathrooms: 1
    Rooms
    • Room types: Family Room
    Primary bathroom
    • Features: Primary Bath: Double Sinks, Primary Bath: Separate Shower, Primary Bath: Soaking Tub, Secondary Bath(s): Double Sinks, Vanity Area
    Kitchen
    • Features: Breakfast Bar, Kitchen Island, Kitchen open to Family Room, Pantry, Walk-in Pantry
    Heating
    • Natural Gas
    Cooling
    • Ceiling Fan(s), Electric
    Appliances
    • Included: ENERGY STAR Qualified Appliances, Electric Oven, Microwave, Gas Range
    • Laundry: Electric Dryer Hookup, Gas Dryer Hookup, Washer Hookup
    Features
    • Crown Molding, Formal Entry/Foyer, High Ceilings, Prewired for Alarm System, Vaulted Ceiling, Primary Bed - 1st Floor
    • Flooring: Carpet, Engineered Hardwood, Tile
    • Doors: Insulated Doors
    • Windows: Insulated/Low-E windows
    • Number of fireplaces: 1
    Interior area
    • Total structure area: 3,102
    • Total interior livable area: 3,102 sqft

    Property

    Parking
    • Total spaces: 2
    • Parking features: Attached
    • Attached garage spaces: 2
    Features
    • Stories: 2
    • Has private pool: Yes
    • Pool features: In Ground
    Lot
    • Size: 4 Acres
    • Features: Cleared, Greenbelt, Other, Wooded, 2 Up to 5 Acres
    Details
    • Parcel number: 06000000916

    Construction

    Type & style
    • Home type: SingleFamily
    • Architectural style: Traditional
    • Property subtype: Single Family Residence
    Materials
    • Batts Insulation, Brick, Cement Siding, Wood Siding
    • Foundation: Slab
    • Roof: Composition
    Condition
    • New construction: No
    • Year built: 2015

    Utilities & green energy

    • Sewer: Septic Tank
    • Water: Water District, Well
    Green energy
    • Green verification: Other Energy Report, Other Green Certification
    • Energy efficient items: Attic Vents, Thermostat, HVAC, HVAC>13 SEER, Insulation, Other Energy Features

    Community & HOA

    Community
    • Security: Prewired for Alarm System
    • Subdivision: Mostyn Manor
    Location
    • Region: Magnolia

    Financial & listing details

    • Price per square foot: $403/sqft
    • Tax assessed value: $560,000
    • Annual tax amount: $8,804
    • Date on market: 10/23/2025
    • Listing terms: Cash,Conventional,FHA,VA Loan
    Get pre-qualifiedBe ready to make an offer.
    Connect with an agentGet info on this home, tour, and more.
    Calculate monthly paymentSee if you can afford this home.

    Estimated market value

    $1,214,600

    $1.15M - $1.28M

    $3,723/mo

    Price history

    Price history
    DateEventPrice
    11/10/2025Price change$1,249,990-3.8%$403/sqft
    Source: HAR #29954366 Report a problem
    10/25/2025Price change$1,299,990-7.1%$419/sqft
    Source: HAR #29954366 Report a problem
    10/23/2025Price change$1,399,990+7.7%$451/sqft
    Source: HAR #29954366 Report a problem
    10/12/2025Price change$1,299,990-10.3%$419/sqft
    Source: HAR #54392238 Report a problem
    9/9/2025Price change$1,449,990-3.3%$467/sqft
    Source: HAR #54392238 Report a problem

    Public tax history

    Public tax history
    YearProperty taxesTax assessment
    2025-- $560,000 +0.7%
    2024$8,778 +1.9%$556,153 -0.3%
    2023$8,614 $557,620

    Find assessor info on the county website

    BuyAbility℠ payment

    Est. payment
    $8,139/mo
    Principal & interest
    $6129
    Property taxes
    $1573
    Home insurance
    $437

      Climate risks

      Neighborhood: 77354

      Nearby schools

      GreatSchools rating
      Schools provided by the listing agent
      • Elementary: Magnolia Parkway Elementary School
      • Middle: Magnolia Parkway Junior High
      • High: Magnolia High School

      Source: HAR. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

      Skip to the end of the carouselSkip to the beginning of the carousel

      Similar homes

      Skip to the end of the carouselSkip to the beginning of the carousel
      • Loading
      • Loading

      Nearby cities

      Nearby zip codes

      Other Magnolia Topics