40498 Community Rd

Magnolia, TX 77354

$1,199,999
Price
4
Beds
3,102 Sq. Ft.
$387 / Sq. Ft.
3,102
Sq. Ft.
$387
per Sq. Ft.
Get preapproved with Rocket Mortgage1

Description

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,...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!
  1. Listed by Shawn Speer • TREC #0592162 • 7th Generation Realty
    P: (713)-249-8196 C: (713)-249-8196 shawn@harrisburgtx.com

Property Details for 40498 Community Road

Architectural Style
Traditional
Subdivision Name
Mostyn
LISTING UPDATED: 06/26/2026 11:57 AM

Property Details for 40498 Community Road

StatusActive
MLS #83402571
Days on Market27
Taxes$8,852 / year
HOA Fees-
Condo/Co-op Fees-
Property TypeSingle Family
MLS TypeResidential / Detached
Year Built2015
Lot Size4.00 AC / 174,240 SF
CountyMontgomery County
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Location

Listing Courtesy of 7th Generation Realty, Shawn Speer, TREC #0592162
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Building Information for 40498 Community Road

Stories2Year Built2015Building Size-Lot Size4.00 AC / 174,240 SF

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$6,717 per month

30 year fixed, 6.36% Interest

Principal and Interest

$5,980

Property Taxes

$738

HOA Dues

$0

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Property Information for 40498 Community Road

Summary
Location and General Information
  • 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.
  • MLS Area Major: 15
  • MLS Area Minor: Magnolia/1488 East
  • Unparsed Address: 40498 Community Rd Road
  • Water Source: Well
Parking
  • Attached Garage YN: Yes
  • Garage Spaces: 2.0
  • Garage YN: Yes
  • Parking Features: Attached, Garage
Taxes and HOA
  • Tax Annual Amount: $8,852
  • Tax Legal Description: A0600 - WICKSON CYRUS, TRACT 9A-1, ACRES 4.0
  • Tax Year: 2025
School Information
  • Elementary School: MAGNOLIA PARKWAY ELEMENTARY SCHOOL
  • Elementary School District: 36 - Magnolia
  • High School: MAGNOLIA HIGH SCHOOL
  • Middle Or Junior School: MAGNOLIA PARKWAY JUNIOR HIGH
Property
Lot Information
  • Living Area: 3102.0
  • Living Area Source: Appraiser
  • Lot Features: Cleared, Wooded
  • Lot Size Acres: 174240.0
  • Lot Size Source: Appraiser
  • Lot Size Units: SquareFeet
  • Acres Description: 2 Up to 5 Acres
Property and Assessments
  • Disclosures: Seller Disclosure
  • New Construction YN: No
  • Parcel Number: 455184
  • Property Sub Type: Free Standing, Detached
  • Property Type: Single-Family, Residential
  • Public Survey Section: NA
  • Year Built Source: PublicRecords
Green Features
  • Green Building Verification Type: Other
  • Green Energy Efficient: Radiant Attic Barrier, Appliances, Doors, Hvac, Insulation, Other, Thermostat, Windows
  • Green Indoor Air Quality: Ventilation
Utilities
  • Sewer: AerobicSeptic, SepticTank
Interior and Exterior Features
Exterior Features
  • Construction Materials: Brick, Cement Siding, Wood Siding
  • Door Features: Insulated Doors
  • Fireplace Features: Gas, Wood Burning
  • Fireplaces Total: 1
  • Fireplace YN: Yes
  • Foundation Details: Slab
  • Pool Features: InGround
  • Pool Private YN: Yes
  • Pool Area: No
  • Roof: Composition
  • Security Features: Prewired, Smoke Detectors
Interior Features
  • Appliances: Dishwasher, Electric Oven, Gas Cooktop, Microwave, Energy Star Qualified Appliances
  • Bathrooms Full: 3
  • Bathrooms Half: 1
  • Bathrooms Total Integer: 4
  • Bedrooms Total: 4
  • Cooling: Central Air, Electric
  • Cooling YN: Yes
  • Heating: Central, Gas
  • Heating YN: Yes
  • 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 Fans, Kitchen/Dining Combo, Programmable Thermostat
  • Laundry Features: ElectricDryerHookup, GasDryerHookup
  • Levels: Two
  • Rooms Total: 4
  • Room Type: Breakfast Room Nook, Dining Room, Entry Foyer, Family Room, Game Room, Kitchen, Living Room, Utility Room, Half Bath
  • Stories: 2
  • Window Features: Low Emissivity Windows
Room Information
Room Information
  • Human Modified YN: Yes
Room 1
  • Room Dimensions: 13x12
  • Room Level: Second
  • Room Type: Bedroom
Room 2
  • Room Dimensions: 22x11
  • Room Level: Second
  • Room Type: Bedroom
Room 3
  • Room Dimensions: 13x12
  • Room Level: Second
  • Room Type: Bedroom
Room 4
  • Room Dimensions: 16x16
  • Room Level: First
  • Room Type: PrimaryBedroom
Rental
Rent Information
  • Lease Considered YN: No

Property History for 40498 Community Road

DateEvent & SourcePriceAppreciation
Jun 18, 2026

Price Change

HARMLS #83402571

$1,199,999—
Jun 17, 2026

Terminated

HARMLS #35909134

$1,399,990—
Jun 12, 2026

Listed (Active)

HARMLS #83402571

$1,249,990—
DateEvent & SourcePrice
06/18/2026

Price Change

HARMLS #83402571

$1,199,999
06/17/2026

Terminated

HARMLS #35909134

$1,399,990
06/12/2026

Listed (Active)

HARMLS #83402571

$1,249,990

For completeness, we often displays two records for one sale: the MLS record and the public record.

Public Records for 40498 Community Road

Taxable ValueLand$160,000Additions$400,000Total$560,000
Tax Record2024$7,130 ($594 / month)
Home Facts
Beds0Baths3.5Total Finished SqFt3,102 SqFtAbove Grade Finished SqFt3,102 SqFtStories2Lot Size174,240 SqFtStyleSingle Family ResidenceYear Built2015CountyMONTGOMERYAPN0600-00-00916Fireplace TypeHas Fireplace

Schools near 40498 Community Road

This home is within Magnolia Independent School District.
Rating
School
Type
Grades
Distance
Magnolia Parkway Elementary School
Public - PK to 4
Bear Branch Junior High School
Public - 7 to 8
Magnolia High School
Public - 9 to 12
Magnolia Parkway Junior High
Public - 6 to 8
Rating
School
Distance
Magnolia Parkway Elementary School
PublicPK to 4

Bear Branch Junior High School
Public7 to 8

Magnolia High School
Public9 to 12

Magnolia Parkway Junior High
Public6 to 8

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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More information about 40498 Community Road, Magnolia, TX 77354

40498 Community Road is a single family home for sale in Magnolia, TX 77354. This property was listed for sale on June 12, 2026 by 7th Generation Realty, it's currently listed at $1,199,999. It has been on the market for a total of 27 days and was last sold on October 16, 2020. This listing's school district is Magnolia Independent School District. Nearby schools include Magnolia Parkway Elementary School, Bear Branch Junior High School and Magnolia High School. 40498 Community Road is a 4-bed, 4-bath, 3,102 sqft single family home built in 2015.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of any information, descriptions or measurements (including square footage measurements and property condition), such should be independently verified through appropriate means, including, but not limited to, in person inspection and public records, and Compass International Holdings, its subsidiaries, affiliates and independently owned and operated franchisees, and their affiliated agents and associated third parties expressly disclaim any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the seller's discretion. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of 7th Generation Realty, Shawn Speer, TREC #0592162

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