1. Overview
  2. Location
  3. Interior
  4. Exterior
  5. Property
  6. Schools
  7. Tax
  8. Calculator
  9. Similar
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Status: Active

40498 Community Rd 
Magnolia, TX 77354

3% Drop

$1,499,990

$1,449,990

------/mo*
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Welcome Home to your Private Piece of Texas Paradise! Nestled on almost 4 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!
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Bedrooms
4
Baths
3.5
House Size
3,102 sqft
Year Built
2015
Lot Size
4 ac
School District
36 - Magnolia

Location

Market Insights

In the last 30 days, homes for sale in 77354, Magnolia, TX were on the market for a median of 49 days and 7.19% of homes sold above list price.

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Interior Information

appliances
Disposal
Electric Oven
Microwave
Gas Cooktop
Dishwasher
cooling
Ceiling Fan(s)
Electric
features
Crown Molding
High Ceilings
Kitchen Island
Entrance Foyer
Master Downstairs
fireplace
Gas
flooring
Carpet
Stone
Wood
heating
Natural Gas
laundry features
Electric Dryer Hookup
Gas Dryer Hookup
Washer Hookup
window features
Low Emissivity Windows

Exterior Information

roof
Composition

Property Information

architectural style
Traditional
construction
Brick
Cement Siding
Wood Siding
Blown-in Insulation
foundation
Slab
green energy efficient
Thermostat
Hvac
Insulation
lot
Wooded
parking
Attached
security features
Prewired
sewer
Septic Tank
subdivision name
Mostyn Manor
water source
Well
  • Listed By Shawn Speer
  • shawn@harrisburgtx.com
  • (713) 249-8196
  • 7th Generation Realty
  • (713) 249-8196
  • MLS 54392238

Tax History

Date

Property Tax

Land

Additions

Tax Assessment

2024$8,614 (0%)$160,000$396,153$556,153 (-0.3%)
2023$8,614 (-10.5%)$160,000$397,620$557,620 (0%)
2022$9,628 (+30.6%)$160,000$397,620$557,620 (+40.6%)
2021$7,371$100,010$296,570$396,580

Tax data provied by Attom


Monthly Payments Calculator

Estimated Monthly Cost

$8,658

30 year fixed·6.9% interest rate
Principal & Interest
$7,640
Property Taxes
$718
Home Insurance
$300
HOA Fees
$0
%

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*All calculations are estimates and provided for informational purposes only. Actual amounts may vary.
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