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$1,299,990

  • For Sale
  • Active
  • Single Family
  • 4 Beds
  • 3 Full Baths
  • 1 Partial Bath
  • 3,102 Sq. Ft.
  • 4 Acres
  • 2 Car Garage
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Welcome Home to your Private Piece of Texas Paradise! Nestled on almost 6 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. Key Highlights Include: 2 flat, usable acres (cleared and ready for possibilities), 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 for 40498 Community Rd

General

  • Price: $1,299,990
  • Taxes: $8,804 (2024)
  • Status: Active
  • Type: Single Family
  • Source: Houston
  • MLS ID: 29954366
  • Updated: 12/30/2025
  • Added to Site: 87 day(s) ago

Interior

  • Number of Rooms: 4
  • Interior Features: Breakfast Bar, Crown Molding, Double Vanity, Entrance Foyer, Granite Counters, High Ceilings, Kitchen Island, Kitchen/Family Room Combo, Pantry, Soaking Tub, Separate Shower, Vanity, Vaulted Ceiling(s), Walk-In Pantry, Ceiling Fan(s), Kitchen/Dining Combo, Living/Dining Room, Programmable Thermostat
  • Fireplace: Yes
  • Number of Fireplaces: 1
  • Appliances: Electric Oven, Gas Range, Microwave, ENERGY STAR Qualified Appliances
  • Flooring: Carpet, Engineered Hardwood, Tile

Rooms

Bathrooms

  • Total Bathrooms: 4
  • Full Bathrooms: 3
  • Half Bathrooms: 1

Bedrooms

  • Total Bedrooms: 4

Other Rooms

  • Laundry: Washer Hookup, 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 Manor
  • 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: Public Sewer, Septic Tank
  • Water: Public, 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, Greenbelt, Other, 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: $8,804
  • Tax Year: 2024
  • 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: 0600-00-00916
  • Section: 5

Listed by 7th Generation Realty (713) 249-8196, Shawn Speer (713) 249-8196

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Listing agent

— 40498 Community Rd —

  • Shawn Speer

    7th Generation Realty

    713-249-8196

Get Pre-Approved Today

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Schools serving 40498 Community Rd

School District:Magnolia Independent School District
NameGradesDistance
Magnolia Parkway Elementary School
11745 Fm 1488, Magnolia, TX 77354
PK-41.3 mi
Bear Branch J High School
31310 Farm to Market Road 2978, Magnolia, TX 77354
7-85.7 mi
Magnolia High School
14250 Fm 1488, Magnolia, TX 77354
9-121.1 mi
Disclaimer: School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History for 40498 Community Rd Get Price Alerts and Save Property

Date
Details
Price
Change
Source
12/30/2025
Price Increased
$1,299,990
4%
MLS
11/10/2025
Price Reduced
$1,249,990
-3.85%
MLS
10/25/2025
Price Reduced
$1,299,990
-7.14%
MLS
10/23/2025
Listed
$1,399,990
—
MLS
Get Price Alerts and Save Property
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 for 40498 Community Rd

Year
Property Taxes
Change
Tax Assessment
Change
2024
$7,130
—
$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 for 40498 Community Rd

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*These costs are estimates, and the interest rates assume exceptional credit standing.

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Listed by 7th Generation Realty (713) 249-8196, Shawn Speer (713) 249-8196

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40498 Community Road, Magnolia, TX 77354 (MLS# 29954366) is a Single Family property with 4 bedrooms, 3 full bathrooms and 1 partial bathroom. 40498 Community Road is currently listed for $1,299,990 and was received on October 23, 2025. Want to learn more about 40498 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.

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