For sale

$1,200,000

30403 Walnut Creek Rd, Magnolia, TX 77355

3beds

2,824sqft

$8,220/mo

Get pre-qualified

Farm

Built in 1979

24.32 Acres Lot

$1,148,500 Zestimate^®

$425/sqft

$-- HOA

What's special

Whether looking to homestead, create a venue, or something in between these 24 acres nestled in the treetops of Magnolia w/private pond are your SANCTUARY! Lovingly named "The Red House," the almost 3K sf home has hosted hundreds of friends! The 1st floor is a 3K+ sf storage dream: 4 garage bays, space for extra cars, tinkering, storage, etc. & massive sunporch overlooking picturesque pond w/wildlife. (Rendering of porch conversion concept in pics.) Additionally there's 6K sf of concrete pad & massive tent, ready for playtime, family gatherings, or dream wedding venue (Complete plans for Barndominium event space available.) You'll also find a clearing ideal for building / parking. Sweet firepit is ready for friends, smores, & memories. Sellers have put in the hard work, so you don't have to: widening the road & bridge, installing electrical drops, adding commercial capacity hot water heater system, recently replacing roof, etc. Now you get to move in, play, & let your dreams run wild!

23 days
462
26

Likely to sell faster than

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 3
Bathrooms: 2
Full bathrooms: 2

Rooms

Room types: Family Room

Primary bedroom

Level: Second
Area: 294
Dimensions: 21x14

Bedroom

Level: Second
Area: 294
Dimensions: 21x14

Bedroom

Level: Second
Area: 266
Dimensions: 19x14

Heating

Electric

Cooling

Electric

Appliances

Included: Microwave, Dishwasher

Features

Elevator, All Bedrooms Up
Flooring: Tile, Vinyl
Number of fireplaces: 1

Interior area

Total structure area: 2,824
Total interior livable area: 2,824 sqft

Video & virtual tour

View virtual tour

Property

Parking

Total spaces: 4
Parking features: Electric Gate, Attached
Attached garage spaces: 4

Accessibility

Accessibility features: Accessible Elevator Installed

Features

Stories: 2
Has view: Yes
View description: Water
Has water view: Yes
Water view: Water
Waterfront features: Pond

Lot

Size: 24.32 Acres
Features: Waterfront, Wooded, 20 Up to 50 Acres

Details

Parcel number: 30877

Construction

Type & style

Home type: SingleFamily
Architectural style: Traditional
Property subtype: Farm

Materials

Wood
Foundation: Slab

Condition

New construction: No
Year built: 1979

Utilities & green energy

Sewer: Septic Tank
Water: Well

Community & HOA

Location

Region: Magnolia

Financial & listing details

Price per square foot: $425/sqft
Tax assessed value: $476,362
Annual tax amount: $7,530
Date on market: 8/5/2026
Listing terms: Cash,Conventional,Texas Veterans Land Board,VA Loan
Road surface type: Gravel, Other

Estimated market value

$1,148,500

$1.09M - $1.21M

$2,301/mo

Price history

Date	Event	Price
8/6/2026	Listed for sale	$1,200,000+228.8%$425/sqft
Source: HAR #40859763 Report a problem
7/14/2026	Listing removed	$365,000$129/sqft
Source: HAR #66684319 Report a problem
9/2/2025	Listed for sale	$365,000$129/sqft
Source: HAR #66684319 Report a problem

Public tax history

Year	Property taxes	Tax assessment
2025	$7,530 +3.8%	$476,362 +5.9%
2024	$7,254 +2.7%	$449,718 +0.5%
2023	$7,062	$447,360 -45.6%
2022	--	$823,100 +127.4%
2021	$1,969 +2%	$362,030 +10%
2020	$1,930 +2.3%	$329,120 +10%
2019	$1,886 -59.6%	$299,200 +10%
2018	$4,666 +150.7%	$272,000
2017	$1,861 -5.3%	$272,000 -12.9%
2016	$1,965 -4%	$312,430 +10%
2015	$2,047	$284,030 +10%
2014	$2,047	$258,210 +10%
2013	--	$234,740 +10%
2012	--	$213,400 +39%
2011	--	$153,540 +10%
2010	--	$139,580 +28.6%
2009	--	$108,520 +10%
2008	--	$98,650 -45.2%
2007	--	$180,150 +90.3%
2006	--	$94,650
2005	--	$94,650 +40.5%
2004	--	$67,380 0%
2003	--	$67,400
2002	--	$67,400
2001	--	$67,400