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$1,249,990 Just Listed
Property Description
Welcome Home to your Private Piece of Texas Paradise! Nestled on almost 4 unrestricted acres (2 more acres next door also available) 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!
Full Property Details
Full Property Details for 40498 Community Rd Rd
General
- Price: $1,249,990
- Taxes: $8,852 (2025)
- Status: Active
- Type: Single Family
- Source: Houston
- MLS ID: 83402571
- Updated: 6/12/2026
- Added to Site: 1 day(s) ago
Interior
- Number of Rooms: 4
- Interior Features: 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
- Fireplace: Yes
- Number of Fireplaces: 1
- Fireplace(s): Gas, Wood Burning
- Appliances: Dishwasher, Electric Oven, Gas Cooktop, Microwave, ENERGY STAR Qualified Appliances
Rooms
Bathrooms
- Total Bathrooms: 4
- Full Bathrooms: 3
- Half Bathrooms: 1
Bedrooms
- Total Bedrooms: 4
Other Rooms
- Laundry: Electric Dryer Hookup, Gas Dryer Hookup
Additional Information
- Pool: Yes
- Private Pool: Yes
- Pool Description: In Ground
- Security/Safety: Prewired, Smoke Detector(s)
Parking
- Garage: Yes
- Attached garage: Yes
- Garage Spaces: 2
- Parking Features: Attached, Garage
Location
- Area: 15
- County: Montgomery
- Subdivision: Mostyn
- Driving 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.
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, Gas
Utilities
- Sewer: Aerobic Septic, Septic Tank
- Water: Well
- Well: Yes
Structural Information
- Architectural Style: Traditional
- Construction: Brick, Cement Siding, Wood Siding
- Roof: Composition
- Windows: Low-Emissivity Windows
- Doors: Insulated Doors
- Stories/Levels: 2
- Square Feet: 3,102
- Sq. Ft. Source: Appraiser
- Living Area: 3,102 Sq. Ft.
- Year Built: 2015
- Year Built Source: Public Records
Lot Features
- Lot Size (Acres): 4
- Lot Size Source: Appraiser
- Lot Features: Cleared, Wooded
Green Features
- Building Certification: Other
- Energy Efficient: Radiant Attic Barrier, Appliances, Doors, HVAC, Insulation, Other, Thermostat, Windows
- Indoor Air Quality: Ventilation
Financial Considerations
- Tax Amount: $8,852
- Tax Year: 2025
- Terms: Cash, Conventional, FHA, VA Loan
Disclosures and Reports
- Legal Description: A0600 - WICKSON CYRUS, TRACT 9A-1, ACRES 4.0
- Legal Disclosures: Seller Disclosure
- APN: 455184
- Section: NA
Listed by 7th Generation Realty (713) 249-8196, Shawn Speer (713) 249-8196
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Schools
Schools serving 40498 Community Rd Rd
School District:Magnolia Independent School District
| Name | Grades | Distance |
|---|---|---|
Magnolia Parkway Elementary School 11745 Fm 1488, Magnolia, TX 77354 | PK-4 | 1.3 mi |
Bear Branch J High School 31310 Farm to Market Road 2978, Magnolia, TX 77354 | 7-8 | 5.7 mi |
Magnolia High School 14250 Fm 1488, Magnolia, TX 77354 | 9-12 | 1.1 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 40498 Community Rd Rd
Date
Details
Price
Change
Source
6/12/2026
Listed
$1,249,990
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 40498 Community Rd Rd
Year
Property Taxes
Change
Tax Assessment
Change
2025
$6,798
-5%
$560,000
1%
2024
$7,130
-17%
$556,153
—
2023
$8,614
-11%
$557,620
—
2022
$9,628
31%
$557,620
41%
2021
$7,371
-6%
$396,580
—
2020
$7,840
12%
$397,530
15%
2019
$7,003
21%
$346,030
6%
2017
$5,766
—
$325,330
20%
2017
$5,766
—
$271,910
—
2016
$5,766
—
$271,910
—
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 40498 Community Rd Rd
40498 Community Rd Road, Magnolia, TX 77354 (MLS# 83402571) is a Single Family property with 4 bedrooms, 3 full bathrooms and 1 partial bathroom. 40498 Community Rd Road is currently listed for $1,249,990 and was received on June 12, 2026. Want to learn more about 40498 Community Rd 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.
