Date
Details
Price
Change
Source
4/02/2026
Listed
$920,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
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$920,000 Just Listed
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Property Description
Set on 2.39 unrestricted private acres, this fully renovated farmhouse blends timeless charm with modern ease. With over $250K in updates, the home carefully preserves its history by showcasing original hardwood floors from Grogan-Cochran Lumber Co., tongue-and-groove walls/ceilings + striking exposed beams. An oversized kitchen island anchors the heart of the home, perfect for everyday living. With 3 beds/3 baths + extra flex space, the layout offers comfortable living inside and out. Surrounded by peaceful, scenic equestrian farms, evenings come alive with unforgettable sunsets by the firepit under the glow of the new gazebo. A 1,600 sqft workshop w/ garage doors offers incredible flexibility for storage, parking, or a future guest house - already plumbed for water/septic and ideal for multi-generational living or income potential. Whole house generator - 2024. Minutes to Hwy 249, The Woodlands, and an easy drive to Bryan/College Station. Zoned to top-rated Magnolia ISD schools.
Full Property Details
Full Property Details for 40323 Community Rd
General
- Price: $920,000
- Taxes: $6,043 (2025)
- Status: Active
- Type: Single Family
- Source: Houston
- MLS ID: 75466837
- Updated: 4/3/2026
- Added to Site: 2 day(s) ago
Interior
- Number of Rooms: 8
- Interior Features: Breakfast Bar, Kitchen Island, Kitchen/Family Room Combo, Pantry, Self-closing Cabinet Doors, Self-closing Drawers, Soaking Tub, Tub Shower, Vanity, Vaulted Ceiling(s), Window Treatments, Ceiling Fan(s), Kitchen/Dining Combo, Living/Dining Room
- Fireplace: Yes
- Number of Fireplaces: 1
- Fireplace(s): Wood Burning, Outside
- Appliances: Dishwasher, Electric Cooktop, Electric Oven, Microwave
- Flooring: Carpet, Tile, Wood
Rooms
Bathrooms
- Total Bathrooms: 3
- Full Bathrooms: 3
Bedrooms
- Total Bedrooms: 3
Other Rooms
- Laundry: Washer Hookup, Electric Dryer Hookup
Additional Information
- Security/Safety: Security Gate, Smoke Detector(s)
Exterior
- Exterior Features: Covered Patio, Deck, Fully Fenced, Sprinkler/Irrigation, Porch, Patio, Private Yard, Storage
- Porch/Patio/Deck: Covered, Deck, Patio, Porch
Parking
- Parking Features: Electric Gate, Workshop in Garage
Location
- Area: 15
- County: Montgomery
- Subdivision: N/A
- Driving Directions: From I-45, head West on FM 1488; Right on Community Road; Property is on the Left.
- Direction Faces: East
School Information
- Elem School District: 36 - Magnolia
- Midd School District: 36 - Magnolia
- High School District: 36 - Magnolia
- Elementary School: MAGNOLIA PARKWAY ELEMENTARY SCHOOL
- Middle School: MAGNOLIA PARKWAY JUNIOR HIGH
- High School: MAGNOLIA HIGH SCHOOL
Heating & Cooling
- Central air: Yes
- Air Conditioning: Yes
- Cooling Type: Central Air, Electric
- Heating Type: Central, Electric
Utilities
- Sewer: Aerobic Septic
- Water: Well
- Well: Yes
Structural Information
- Architectural Style: Farmhouse, Ranch
- Construction: Cement Siding, Stone
- Roof: Composition
- Windows: Window Coverings
- Stories/Levels: 1
- Square Feet: 3,105
- Sq. Ft. Source: Appraiser
- Living Area: 3,105 Sq. Ft.
- Year Built: 1957
- Year Built Source: Public Records
Additional Structures
- Other Structures: Shed(s), Workshop
Lot Features
- Lot Size (Acres): 2.39
- Lot Size Source: Appraiser
- Lot Features: Wooded, Backs to Greenbelt/Park, Side Yard
Financial Considerations
- Tax Amount: $6,043
- Tax Year: 2025
- Terms: Cash, Conventional, FHA, VA Loan
Disclosures and Reports
- Legal Description: A0600 WICKSON CYRUS, TRACT 2, ACRES 2.390
- Legal Disclosures: Seller Disclosure
- APN: 56245
Listed by Realty ONE Group Iconic (281) 826-1156, Jennifer Sims (281) 475-3667
We Value Your Privacy
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Listing agent
— 40323 Community Rd —
Jennifer Sims
Realty ONE Group Iconic
281-475-3667
NMLS#: 1598647Get Pre-Approved Today
Schools
Schools serving 40323 Community Rd
School District:Magnolia Independent School District
| Name | Grades | Distance |
|---|---|---|
Magnolia Parkway Elementary School 11745 Fm 1488, Magnolia, TX 77354 | PK-4 | 1.5 mi |
Bear Branch J High School 31310 Farm to Market Road 2978, Magnolia, TX 77354 | 7-8 | 5.9 mi |
Magnolia High School 14250 Fm 1488, Magnolia, TX 77354 | 9-12 | 0.9 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 40323 Community Rd
Tax History
Tax History for 40323 Community Rd
Year
Property Taxes
Change
Tax Assessment
Change
2024
$10,126
—
$639,635
—
2024
$10,126
—
$639,640
—
2023
$10,098
-11%
$639,640
—
2022
$11,287
136%
$639,640
149%
2021
$4,776
17589%
$256,970
18521%
2020
$27
-7%
$1,380
-3%
2019
$29
-6%
$1,420
—
2017
$31
—
$1,420
-4%
2017
$31
-3%
$1,480
-1%
2016
$32
—
$1,490
-10%
2014
$32
—
$1,650
12%
2014
$32
100%
$1,470
99%
2013
$16
—
$740
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 40323 Community Rd
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- Single Family
- Active
- Updated 16 hours ago
- 3Beds
- 3Total Baths
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40323 Community Road, Magnolia, TX 77354 (MLS# 75466837) is a Single Family property with 3 bedrooms and 3 full bathrooms. 40323 Community Road is currently listed for $920,000 and was received on April 02, 2026. Want to learn more about 40323 Community Road? Do you have questions about finding other Single Family real estate for sale in Magnolia? You can browse all Magnolia real estate or contact a Coldwell Banker agent to request more information.