40498 Community Rd Road

Magnolia, TX
$ 1,199,999 Beds 4 Baths 3.5 Sq 3,102
Monthly Estimate* How much can I afford?

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!

Active

  • Price
  • $ 1,199,999
  • City
  • Magnolia
  • Bedrooms
  • 4
  • Full Bathrooms
  • 3
  • County
  • Montgomery
  • Half Bathrooms
  • 1
  • Area
  • 15 Magnolia/1488 East
  • Lot Size
  • 4 Acres
  • Zip
  • 77354
  • Sqr Footage
  • 3,102
  • Year Built
  • 2015
  • Taxes
  • $ 8852
  • Style
  • MLS#
  • 83402571
Listed By: 7th Generation Realty;
Data Source: Houston Association of REALTORS® (HAR)

Features

General

Country US
Sewer Aerobic Septic,Septic Tank
Heating Central,Gas
Cooling Central Air,Electric
Roof Composition
Appliances Dishwasher,Electric Oven,Gas Cooktop,Microwave,ENERGY STAR Qualified Appliances
Garage Spaces 2
Architectural Style Traditional
Pool Features In Ground
Security Features Prewired,Smoke Detector(s)
Construction Materials Brick,Cement Siding,Wood Siding
Year Built 2015
Stories Count 2
Levels Two
Property Subtype Detached
Tax Year 2025
County Montgomery
New Construction false
Property Type Residential
Attached Garage true
Energy Efficient Radiant Attic Barrier,Appliances,Doors,HVAC,Insulation,Other,Thermostat,Windows
Subdivision Name Mostyn
Garage Y/N true
Green Indoor Air Quality Ventilation
Total Rooms 4
Full Baths 3
Status Active
Directions Heading North on I-45, Exit FM 1488. Turn RIGHT onto Community RD. At the STOP Sign, turn RIGHT and continue on Community Rd. The Property entrance is on the RIGHT SIDE.
ModificationTimestamp 2026-06-26T16:57:27.310-00:00
High School MAGNOLIA HIGH SCHOOL
City Magnolia
Disclosures Seller Disclosure
High School District 36 - Magnolia
MLS Area 15
Lot Size Units Square Feet
Green Building Verification Type Other
Elementary School MAGNOLIA PARKWAY ELEMENTARY SCHOOL
Tax Annual Amount 8852
Middle/Junior High School MAGNOLIA PARKWAY JUNIOR HIGH
MLS Area Minor Magnolia/1488 East
Lease Considered Y/N false
Standard Status Active
Middle/Junior School District 36 - Magnolia
Elementary School District 36 - Magnolia
Year Built Source Public Records
PostalCity Magnolia
Legal Description A0600 - WICKSON CYRUS, TRACT 9A-1, ACRES 4.0

Interior Features

Interior Amenities Breakfast Bar,Crown Molding,Double Vanity,Entrance Foyer,High Ceilings,Jetted Tub,Kitchen Island,Kitchen/Family Room Combo,Bath in Primary Bedroom,Pantry,Soaking Tub,Separate Shower,Vanity,Ceiling Fan(s),Kitchen/Dining Combo,Programmable Thermostat
Total Fireplaces 1
Fireplace Features Gas,Wood Burning
Air Conditioning Y/N true
Heating Y/N true
Window Features Low-Emissivity Windows
Fireplace Y/N true
Half Baths 1
Laundry Features Electric Dryer Hookup,Gas Dryer Hookup
Total Bedrooms 4
Room Type Breakfast Room/Nook,Dining Room,Entry/Foyer,Family Room,Game Room,Kitchen,Living Room,Utility Room,Half Bath
LivingAreaSource Appraiser
Total Baths 4

Exterior Features

Parking Features Attached,Garage
Lot Features Cleared,Wooded
Water Source Well
Lot Size Area 174240
Foundation Details Slab
Building Area Total 3102
Lot Size Acres 4
Lot Size Source Appraiser
Door Features Insulated Doors
Private Pool true

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Affordability Calculator

$3,786

Per Month

Based on the average sale price from the Katy, TX office

  • Monthly Principal & interest $2,658
  • Monthly Property Taxes $1,062
  • Monthly Home Insurance $67
Adjust Payment Options
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Let's determine your purchasing power. Working with my mortgage partner, you'll have the information you need to shop for a home with confidence.

Default based on a 30-year fixed rate of 6.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA, or jumbo loans.

Mortgage calculator provided courtesy of Inside Real Estate.

Schools

Elementary School MAGNOLIA PARKWAY ELEMENTARY SCHOOL Elementary School
Middle School MAGNOLIA PARKWAY JUNIOR HIGH Middle School
High School MAGNOLIA HIGH SCHOOL High School

Price History

6/13/2026 Listed $1,249,990
6/18/2026 4% - $1,199,999

Property vs Zip Code Average in 77354

Price
AVG $490K
$1.2M
Taxes
AVG $8,904
$8,852
Year Built
AVG 2019
2015

Areas That We Cover

40498 Community Rd Road Magnolia, TX is a Single Family Home for sale at $1199999 with 3102 sqft and a lot size of 4 Acres Acre(s). 40498 Community Rd Road Magnolia has 4 bedrooms, 3 baths and was built in 2015. The property's zip code is 77354 which is in Magnolia, TX

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 6.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

Mortgage calculator provided courtesy of Inside Real Estate.

All information deemed reliable, but not guaranteed, and should be independently verified. The real estate information and related content displayed on this site is provided for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.