Now's your chance to own 24 unrestricted acres in Magnolia bordered by Spring Creek, w/ move-in-ready home & up to 3 building sites out of 100-year floodplain, nestled in a secluded canopy of mature, never-logged treetops w/ private pond! Sellers laid 6K sf commercial concrete pad & massive tent w/electricity & water, ready for dream wedding venue, retreat center, offices, or home (Barndo event space drawings available). Additional clearing ideal for up to 2 more building sites or parking. Sellers improved 850 sf of road & bridge & added 240 cubic yards crushed concrete. Existing home, "The Red House," w/ sunporch overlooking the wildlife-filled pond, boasts recently replaced roof, commercial-capacity hot water heater, & almost 3K sf w/massive rooms & closets, all on the 2nd story above base flood elevation, plus 3K+ sf of storage below, including 4 garage bays. Whether homesteading, recreating, building a venue, retreat, or Airbnb, come write the next chapter of this special property!
For sale
Price cut: $101K (10/9)
$1,099,000
30403 Walnut Creek Rd, Magnolia, TX 77355
3beds
2,824sqft
Farm
Built in 1979
24.32 Acres Lot
$1,125,200 Zestimate®
$389/sqft
$-- HOA
What's special
Move-in-ready homePrivate pondCommercial-capacity hot water heaterBordered by spring creekRecently replaced roof
- 70 days
- 478
- 31
Zillow last checked:
Listing updated:
Listed by:
Erica Welborn TREC #0521899 713-398-5887,
Threshold Realty LLC,
Damon Welborn TREC #0731947 832-289-3266,
Threshold Realty LLC
Source: HAR,MLS#: 40859763
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 2
- Full bathrooms: 2
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
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: $389/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
$1,125,200
$1.07M - $1.18M
$2,267/mo
Price history
| Date | Event | Price |
|---|---|---|
| 10/9/2026 | Price change | $1,099,000-8.4%$389/sqft |
Source:  HAR #40859763 Report a problem | ||
| 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 |
Find assessor info on the county website
Monthly payment
Est. payment
Payment breakdown
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Neighborhood: 77355
Nearby schools
Schools provided by the listing agent
- Elementary: J.L. Lyon Elementary School
- Middle: Magnolia Junior High School
- High: Magnolia West High School
Source: HAR. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
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