For sale

$784,500

40307 Pipestone Rd, Magnolia, TX 77354

3beds

2,750sqft

$5,485/mo

Get pre-qualified

Single Family Residence

Built in 1995

2.06 Acres Lot

$755,300 Zestimate^®

$285/sqft

$8/mo HOA

What's special

Sparkling poolHot tubImmaculate freshly painted homeMature treesFire pit

Resort-style living meets peaceful country charm on 2 private wooded acres in Cimarron Country! This immaculate, freshly painted home blends luxury, comfort & unforgettable entertaining. The open-concept kitchen with oversized island flows into the spacious family room with fireplace, while the media/game room is ready for movie nights & fun. Escape to the serene primary suite with a soaking tub & walk-in shower. Outside, enjoy your own resort with a sparkling pool, slide, hot tub, fire pit, and mature trees. Room for your RV, horses, workshop, chickens & all the toys that make Texas living unforgettable! Features include enclosed 35' RV STORAGE, workshops, WHOLE-HOUSE GENERATOR, new aerobic system, minimal HOA, NO MUD, low tax rate, HORSES WELCOME all in the sought-after Magnolia ISD, zoned to NEW Magnolia Parkway Intermediate & Magnolia Parkway Junior High. Peaceful country living just minutes from shopping, dining, and everyday conveniences. Homes like this don't come along often!

23 days
502
35

Likely to sell faster than

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 bedroom

Level: First
Area: 255
Dimensions: 17 x 15

Bedroom

Level: First
Area: 143
Dimensions: 13 x 11

Bedroom

Level: First
Area: 132
Dimensions: 12 x 11

Breakfast

Level: First
Area: 299
Dimensions: 23 x 13

Game room

Level: First
Area: 342
Dimensions: 19 x 18

Kitchen

Level: First
Area: 322
Dimensions: 23 x 14

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: Attached, Additional Parking, Garage Door Opener, Driveway Gate, 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: $285/sqft
Tax assessed value: $746,022
Annual tax amount: $11,225
Date on market: 8/6/2026
Listing terms: Cash,Conventional,FHA,VA Loan

Estimated market value

$755,300

$718,000 - $793,000

$2,799/mo

Price history

Date	Event	Price
8/6/2026	Listed for sale	$784,500-1.9%$285/sqft
Source: HAR #3967875 Report a problem
8/3/2026	Listing removed	$799,500$291/sqft
Source: HAR #40966004 Report a problem
7/8/2026	Price change	$799,500-1.2%$291/sqft
Source: HAR #40966004 Report a problem
6/23/2026	Price change	$809,500-0.6%$294/sqft
Source: HAR #40966004 Report a problem
6/11/2026	Price change	$814,500-1.2%$296/sqft
Source: HAR #40966004 Report a problem
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