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For sale
    • Price cut: $50K (6/18)
    $1,199,999

    40498 Community Rd, Magnolia, TX 77354

    4beds
    3,102sqft
    : 
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    Single Family Residence
    Built in 2015
    4 Acres Lot
    $1,154,700 Zestimate®
    $387/sqft
    $-- HOA

    What's special

    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. Highlights Include: 2 flat, usable acres (cleared and ready), 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!
    38 days
    |
    388
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    36
    |

    Zillow last checked:

    Listing updated:

    Listed by:

    Shawn Speer TREC #0592162 713-249-8196,

    7th Generation Realty

    Source: HAR,MLS#: 83402571MLS Logo

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 4
      • Bathrooms: 4
      • Full bathrooms: 3
      • 1/2 bathrooms: 1
      Rooms
      • Room types: Family Room, Utility Room
      Primary bathroom
      • Features: Half Bath, Primary Bath: Double Sinks, Primary Bath: Jetted Tub, Primary Bath: Separate Shower, Primary Bath: Soaking Tub, Secondary Bath(s): Double Sinks, Vanity Area
      Kitchen
      • Features: Breakfast Bar, Kitchen Island, Kitchen open to Family Room, Pantry
      Heating
      • Natural Gas
      Cooling
      • Ceiling Fan(s), Electric
      Appliances
      • Included: ENERGY STAR Qualified Appliances, Electric Oven, Microwave, Gas Cooktop, Dishwasher
      • Laundry: Electric Dryer Hookup, Gas Dryer Hookup
      Features
      • Crown Molding, Formal Entry/Foyer, High Ceilings, Prewired for Alarm System, Primary Bed - 1st Floor
      • Doors: Insulated Doors
      • Windows: Insulated/Low-E windows
      • Number of fireplaces: 1
      • Fireplace features: Gas, Wood Burning
      Interior area
      • Total structure area: 3,102
      • Total interior livable area: 3,102 sqft

      Property

      Parking
      • Total spaces: 2
      • Parking features: Attached
      • Attached garage spaces: 2
      Features
      • Stories: 2
      • Has private pool: Yes
      • Pool features: In Ground
      • Has spa: Yes
      Lot
      • Size: 4 Acres
      • Features: Cleared, Wooded, 2 Up to 5 Acres
      Details
      • Parcel number: 455184

      Construction

      Type & style
      • Home type: SingleFamily
      • Architectural style: Traditional
      • Property subtype: Single Family Residence
      Materials
      • Blown-In Insulation, Brick, Cement Siding, Wood Siding
      • Foundation: Slab
      • Roof: Composition
      Condition
      • New construction: No
      • Year built: 2015

      Utilities & green energy

      • Sewer: Aerobic Septic, Septic Tank
      • Water: Well
      Green energy
      • Green verification: Other Energy Report
      • Energy efficient items: Attic Vents, Thermostat, HVAC, HVAC>13 SEER, Insulation, Other Energy Features

      Community & HOA

      Community
      • Security: Prewired for Alarm System
      • Subdivision: Mostyn
      Location
      • Region: Magnolia

      Financial & listing details

      • Price per square foot: $387/sqft
      • Tax assessed value: $560,000
      • Annual tax amount: $8,852
      • Date on market: 6/13/2026
      • Listing terms: Cash,Conventional,FHA,VA Loan

        Estimated market value

        $1,154,700

        $1.10M - $1.21M

        $3,526/mo

        Price history

        DateEventPrice
        6/18/2026Price change$1,199,999-4%$387/sqft
        Source: HAR #83402571 Report a problem
        6/13/2026Price change$1,249,990-10.7%$403/sqft
        Source: HAR #83402571 Report a problem
        5/30/2026Listed for sale$1,399,990$451/sqft
        Source: HAR #35909134 Report a problem
        5/22/2026Pending sale$1,399,990+16.7%$451/sqft
        Source: HAR #35909134 Report a problem
        5/14/2026Price change$1,199,990+7.1%$387/sqft
        Source: HAR #29954366 Report a problem
        4/4/2026Price change$1,119,990-0.4%$361/sqft
        Source: HAR #29954366 Report a problem
        3/18/2026Price change$1,124,990-19.6%$363/sqft
        Source: HAR #29954366 Report a problem
        3/18/2026Price change$1,399,990+16.7%$451/sqft
        Source: HAR #35909134 Report a problem
        3/12/2026Price change$1,199,990-7.7%$387/sqft
        Source: HAR #29954366 Report a problem
        12/30/2025Price change$1,299,990-10.3%$419/sqft
        Source: HAR #29954366 Report a problem
        12/18/2025Price change$1,449,990+16%$467/sqft
        Source: HAR #35909134 Report a problem
        11/10/2025Price change$1,249,990-3.8%$403/sqft
        Source: HAR #29954366 Report a problem
        10/25/2025Price change$1,299,990-18.8%$419/sqft
        Source: HAR #29954366 Report a problem
        10/23/2025Price change$1,599,990+14.3%$516/sqft
        Source: HAR #35909134 Report a problem
        10/23/2025Price change$1,399,990+7.7%$451/sqft
        Source: HAR #29954366 Report a problem
        10/12/2025Price change$1,299,990-10.3%$419/sqft
        Source: HAR #54392238 Report a problem
        9/9/2025Price change$1,449,990-3.3%$467/sqft
        Source: HAR #54392238 Report a problem
        8/7/2025Price change$1,499,990+3.4%$484/sqft
        Source: HAR #54392238 Report a problem
        7/28/2025Price change$1,450,000-19.4%$467/sqft
        Source: HAR #16736790 Report a problem
        7/1/2025Price change$1,799,990-2.7%$580/sqft
        Source: HAR #16736790 Report a problem
        5/29/2025Listed for sale$1,849,990+122.9%$596/sqft
        Source: HAR #41782151 Report a problem
        10/16/2020Listing removed$829,900$268/sqft
        Source: Beth Ferester & Company #25992510 Report a problem
        8/14/2020Pending sale$829,900$268/sqft
        Source: Beth Ferester & Company #25992510 Report a problem
        7/24/2020Listed for sale$829,900$268/sqft
        Source: Beth Ferester & Company #25992510 Report a problem
        12/19/2017Sold--
        Source: Agent Provided Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2025$6,798 -22.5%$560,000 +0.7%
        2024$8,778 +1.9%$556,153 -0.3%
        2023$8,614 $557,620
        2022-- $557,620 +40.6%
        2021$7,371 -6%$396,580 -0.2%
        2020$7,840 +12%$397,530 +14.9%
        2019$7,003 +1.8%$346,030 +6.4%
        2018$6,877 +34.2%$325,330 +19.6%
        2017$5,125 -5.4%$271,910
        2016$5,416 $271,910
        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.
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        Climate risks

        Neighborhood: 77354

        Getting around

        1 / 100
        Car-Dependent
        22 / 100
        Somewhat Bikeable

        Nearby schools

        GreatSchools rating
        Schools provided by the listing agent
        • Elementary: Magnolia Parkway Elementary School
        • Middle: Magnolia Parkway Junior High
        • High: Magnolia 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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