For sale

$824,500

40307 Pipestone Rd, Magnolia, TX 77354

3beds

2,750sqft

Est.: Get pre-qualified

Single Family Residence

Built in 1995

2.06 Acres Lot

$791,600 Zestimate^®

$300/sqft

$8/mo HOA

What's special

Chicken coop

Serenity at it's finest is yours in Cimarron Country. Your 2 acres are nestled on 2 private lots. Immaculate & designed for comfort & amazing entertaining. Freshly painted. Features an open-concept kitchen w/huge island & seating for 4+. Spacious living room w/fireplace for added ambiance. Exquisite primary w/beautiful soaking tub, walk-in shower. Dedicated media/game room perfect for movie nights or playtime. Backyard retreat w/sparkling pool, hot tub, slide & a fire pit area. Backyard is surrounded by mature trees for privacy. There is an enclosed 35’ RV parking/storage w/roll-up door plus more sheds/workshops, chicken coop, & horses allowed. Major upgrades include a whole-house generator & new aerobic system. Minimal HOA, no MUD tax, & low tax rate. In the highly sought-after Magnolia ISD. The perfect blend of peaceful country living with city conveniences. Truly family-friendly property w/room to breathe, entertain, and enjoy the best of Texas living, this one is it.

28 days

889

67

Tour with a local agent

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 3
Bathrooms: 3
Full bathrooms: 2
1/2 bathrooms: 1

Rooms

Room types: Family Room, Game Room, Utility Room

Primary bathroom

Features: Primary Bath: Double Sinks, Primary Bath: Separate Shower, Primary Bath: Soaking Tub, Secondary Bath(s): Tub/Shower Combo

Kitchen

Features: Breakfast Bar, Island w/ Cooktop, Kitchen open to Family Room, Pantry, Reverse Osmosis, Soft Closing Cabinets, Soft Closing Drawers, Walk-in Pantry

Heating

Electric

Cooling

Ceiling Fan(s), Electric

Appliances

Included: Disposal, Dryer, Refrigerator, Washer, Double Oven, Electric Oven, Microwave, Electric Cooktop, Dishwasher
Laundry: Electric Dryer Hookup, Washer Hookup

Features

Crown Molding, High Ceilings, Vaulted Ceiling, All Bedrooms Down
Flooring: Engineered Hardwood, Vinyl
Windows: Insulated/Low-E windows, Window Coverings
Number of fireplaces: 1
Fireplace features: Wood Burning

Interior area

Total structure area: 2,750
Total interior livable area: 2,750 sqft

Video & virtual tour

View virtual tour

Property

Parking

Total spaces: 2
Parking features: Driveway Gate, Attached, Additional Parking, Garage Door Opener, RV Access/Parking, Workshop in Garage
Attached garage spaces: 2

Features

Stories: 1
Patio & porch: Covered, Patio/Deck, Porch
Has private pool: Yes
Pool features: In Ground, Pool/Spa Combo
Has spa: Yes
Spa features: Private
Fencing: Back Yard,Full

Lot

Size: 2.06 Acres
Features: Cleared, Subdivided, Wooded, 2 Up to 5 Acres

Details

Additional structures: Shed(s), Workshop
Parcel number: 74052

Construction

Type & style

Home type: SingleFamily
Architectural style: Traditional
Property subtype: Single Family Residence

Materials

Brick
Foundation: Slab
Roof: Composition

Condition

New construction: No
Year built: 1995

Utilities & green energy

Sewer: Aerobic Septic

Green energy

Energy efficient items: Attic Vents, Thermostat

Community & HOA

Community

Subdivision: Cimarron Country

HOA

Has HOA: Yes
HOA fee: $100 annually

Location

Region: Magnolia

Financial & listing details

Price per square foot: $300/sqft
Tax assessed value: $746,022
Annual tax amount: $11,225
Date on market: 5/1/2026
Listing terms: Cash,Conventional,FHA,VA Loan

Estimated market value

$791,600

$752,000 - $831,000

$2,482/mo

Price history

Date	Event	Price
5/1/2026	Listed for sale	$824,500+77.3%$300/sqft
Source: HAR #40966004 Report a problem
8/4/2020	Listing removed	$465,000$169/sqft
Source: RE/MAX Northwest, Realtors #26796633 Report a problem
6/12/2020	Pending sale	$465,000$169/sqft
Source: RE/MAX Northwest, REALTORS #26796633 Report a problem
6/5/2020	Listed for sale	$465,000+86.1%$169/sqft
Source: RE/MAX Northwest, REALTORS #26796633 Report a problem
4/10/2013	Listing removed	$249,900$91/sqft
Source: Waterway Realty #90861025 Report a problem
2/20/2013	Listed for sale	$249,900$91/sqft
Source: Waterway Realty #90861025 Report a problem

Public tax history

Year	Property taxes	Tax assessment
2025	$9,220 +4.6%	$710,064 +10%
2024	$8,814 +13.6%	$645,513 +10%
2023	$7,758	$586,830 -7.8%
2022	--	$636,710 +31.3%
2021	$9,014 +20.4%	$484,980 +16.4%
2020	$7,485 +7.7%	$416,680 +10%
2019	$6,949 +5.8%	$378,800 +10%
2018	$6,566 +10.3%	$344,360 +10%
2017	$5,954 +4.7%	$313,050 +10%
2016	$5,684 +17.7%	$284,590 +10%
2015	$4,831	$258,720 +10%
2014	$4,831	$235,200 +0.4%
2013	--	$234,230
2012	--	$234,230
2011	--	$234,230
2010	--	$234,230 -8.1%
2009	--	$255,010 +10%
2008	--	$231,830 +10%
2007	--	$210,750 +4.5%
2006	--	$201,630
2005	--	$201,630 +8.4%
2004	--	$185,980
2003	--	$185,980
2002	--	$185,980 -1.8%
2001	--	$189,420

Find assessor info on the county website

Monthly payment

Est. payment

Payment breakdown

Explore the cost of this home by adjusting the details. Changes won't be saved.

All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.

HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.

Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.

See how much you could borrow to make a competitive offer.

Get pre-qualified