OFF MARKET

Last listed at $299,000, sold on aug 2024

$278,968

•

1,572

sq ft

306 Commerce St, Magnolia, TX 77355

About this home

This home is in the heart of Magnolia and sits on a large . 792+/- acres. Conveniently located in the town center and could be used as a small retail shopping, bed & breakfast, home business, etc. The City must approve any small business that would like this location. Backs up to the Stroll, which is intended as a walkable retail shopping and entertainment area. Carport. Great location in the City of Magnolia, close to shopping, schools, and churches. So much potential to rebuild for your small business that suits your needs. Although it was used as residential, it was rezoned as Town Center. It can not be used as residential, only a small business. Home is sold "as is".

Single-family (co-op)Property Type

1966Year Built

0.79 acresLot Size

$177Est. Price/Sq.Ft.

Listed by Ellisa Carswell • Carswell Real Estate Co. Inc.

Bought with Brett Sims • Sold-It Realty

Redfin checked: 3 minutes ago

•Source:HARMLS #7175016

Redfin Estimate

$278,968

$20K under list price of $299K

Recently sold homes
Estimate history
Homes for sale

This home's estimate is 12.1% lower than the average sale price ($317K) of 6 comparable homes.

SOLD JUL 6, 2026
$245,000
A
3 beds2 baths1,611 sq ft
214 Amarillo Dr, Magnolia, TX 77354
SOLD JUN 5, 2026
$264,900
B
3 beds2 baths1,790 sq ft
31814 Oak Xing, Magnolia, TX 77355
SOLD SEP 4, 2026
$315,000
C
3 beds2 baths1,260 sq ft
32117 Old Hempstead Rd, Magnolia, TX 77355
SOLD SEP 21, 2026
$295,000
D
3 beds2 baths2,119 sq ft
31707 Oak Xing, Magnolia, TX 77355
SOLD JUL 24, 2026
$550,000
E
2 beds1 bath900 sq ft
18419 Buddy Riley Blvd, Magnolia, TX 77354
SOLD AUG 3, 2026
$235,000
F
3 beds2 baths1,363 sq ft
221 Country Crossing Cir, Magnolia, TX 77354

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Earn from this home

Sell

$260,870

Est. take-home

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Rent

$1,758/mo

Redfin rental estimate

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Market trends in 77355, TX

Last updated September 2026

Buyer's Market

Seller's Market

Balanced market

Sale-to-List Price

96.0%

+0.2% MoM

Median sale price

$302K

$2K MoM

Avg. days on market

65d

9 days MoM

Recently sold homes

164

15 MoM

New listings for sale

NEW 2 HRS AGO
$377,888
2 beds2 baths1,394 sq ft
32606 Dogwood Trl, Magnolia, TX 77355
NEW 3 HRS AGO
$6,100,000
3 beds3 baths6,280 sq ft
25276 Nichols Sawmill Rd, Magnolia, TX 77355
NEW 23 HRS AGO
$399,000
4 beds2 baths2,603 sq ft
18818 Wichita Trl, Magnolia, TX 77355
3D WALKTHROUGH
$750,000
4 beds4 baths4,225 sq ft
14419 Timbergreen Dr, Magnolia, TX 77355
$255,000
3 beds2 baths1,388 sq ft
24737 Majestic Cone Ln, Magnolia, TX 77355
$259,000
3 beds2.5 baths2,108 sq ft
25631 Balsamroot Dr, Magnolia, TX 77355
$380,000
3 beds2.5 baths1,899 sq ft
346 Skylark St, Magnolia, TX 77355
$575,000
3 beds2 baths2,301 sq ft
24603 Lori Ln, Magnolia, TX 77355
$950,000
5 beds4 baths5,893 sq ft
16909 Butera Rd, Magnolia, TX 77355
$1,199,000
5 beds4.5 baths4,103 sq ft
20002 Country Lake Dr, Magnolia, TX 77355
See all

Provided by Redfin

Sale history for 306 Commerce St

Date

Event

Price

Public Records

Aug 20, 2024

Sold

HARMLS #7175016

Aug 16, 2024

Sold

$215K - $245K

Jul 5, 2024

Pending

—

Jun 26, 2024

Pending

—

Jun 18, 2024

Listed

$299,000

$190/sq ft

HARMLS #67969900

Jun 18, 2024

Listing Removed

—

Jun 4, 2024

Price Changed

$299,000

$190/sq ft

May 22, 2024

Price Changed

$325,000

$207/sq ft

Mar 12, 2024

Price Changed

$399,000

$254/sq ft

Feb 7, 2024

Price Changed

$435,000

$277/sq ft

Oct 18, 2023

Price Changed

$450,000

$286/sq ft

Aug 16, 2023

Listed

$515,000

$328/sq ft

* Price is not available or MLS listing is off market.

Year

Property tax

Land + Additions

Assessment*

2026

$3,677 (−1.6%)

$103,500 + $99,794

$203,294

2025

$3,736 (+9.7%)

$103,500 + $103,095

$206,595

2024

$3,405 (+46.0%)

$103,500 + $82,166

$185,666

2023

$2,332 (−3.7%)

2022

$2,421 (+4.0%)

2021

$2,328 (+2.7%)

2020

$2,267 (+7.2%)

2019

$2,115 (−5.3%)

$34,500 + $50,500

$85,000

2018

$2,234 (−0.4%)

$34,500 + $52,050

$86,550

2017

$2,243 (+0.3%)

$34,500 + $52,050

$86,550

2016

$2,235 (+4.4%)

$34,500 + $52,050

$86,550

2015

$2,140 (+9.6%)

$34,500 + $52,050

$86,550

2014

$1,953 (+8.2%)

2013

$1,805 (−0.2%)

2012

$1,808 (−0.2%)

$34,500 + $33,610

$68,110

2011

$1,811 (+8.5%)

2009

$1,669

Tax history for 306 Commerce St

Year

Property tax

Land + Additions

Assessment*

2026

$3,677 (−1.6%)

$103,500 + $99,794

$203,294

2025

$3,736 (+9.7%)

$103,500 + $103,095

$206,595

2024

$3,405 (+46.0%)

$103,500 + $82,166

$185,666

2023

$2,332 (−3.7%)

2022

$2,421 (+4.0%)

2021

$2,328 (+2.7%)

2020

$2,267 (+7.2%)

2019

$2,115 (−5.3%)

$34,500 + $50,500

$85,000

2018

$2,234 (−0.4%)

$34,500 + $52,050

$86,550

2017

$2,243 (+0.3%)

$34,500 + $52,050

$86,550

2016

$2,235 (+4.4%)

$34,500 + $52,050

$86,550

2015

$2,140 (+9.6%)

$34,500 + $52,050

$86,550

2014

$1,953 (+8.2%)

2013

$1,805 (−0.2%)

2012

$1,808 (−0.2%)

$34,500 + $33,610

$68,110

2011

$1,811 (+8.5%)

2009

$1,669

*Taxable value of land and structures on it ("additions") is determined regularly by local assessors and does not affect market price.

Public record

Public record
Zoning

Beds

—

Baths

Stories

Lot width

—

Lot depth

—

Lot size

0.79 Acres

Year renovated

1966

Sq. Ft.

1,572

Year built

1966

Style

Single Family Residential

County

Montgomery County

APN

000000122628

Parking Spaces

—

Basement

—

Accessible

—

HOA Dues

—

Garage

—

Features

—

Last updated by owner on Sep 2, 2026.

Property details

Interior

Bathroom Information
# of Baths (1/2): 1
# of Baths (Full): 1

Bedroom Information
All Bedrooms Downstairs

Interior Features
Room Count: 5
Formal Dining, Study/Library

Equipment
Single Oven
Electric Range

Laundry Information
Electric Dryer Connections, Washer Connections

Fireplace Information
# of Fireplaces: 1
Wood Burning Fireplace

Heating & Cooling Information
Heating System: Central Electric
Cooling System: Central Electric

Other Interior Features
Ceiling Fans
Floors: Carpet, Laminate

Room 1 Information
Dimensions: 14 x 12
Room Type: Dining Room
Location: 1st Floor

Room 2 Information
Dimensions: 11 x 14
Room Type: Study/Library
Location: 1st Floor

Room 3 Information
Dimensions: 17 x 19
Room Type: Family
Location: 1st Floor

Room 4 Information
Dimensions: 13 x 11
Room Type: Master Bedroom
Location: 1st Floor

Room 5 Information
Dimensions: 9 x 12
Room Type: Bedroom
Location: 1st Floor

Exterior

Building Information
Siding: Brick Veneer
Roof: Composition
Foundation: Slab

Water & Sewer Information
Public Sewer, Public Water

Other Exterior Features
Exterior: Fully Fenced

Property Information
Co-op Sale
Exemptions: Homestead,Veteran,,,
Full Ownership

Lot Information
Section Num: 0
Legal Lot Description: MAGNOLIA MELTON, BLOCK 7, LOT 11-20, ACRES 0.792
Lot Description: Cleared

Financial

Tax Information
Tax ID #: 7120-00-16600
Tax Amount: $2,421
Tax Year: 2022
Total Tax Rate (%): 2.1398

Financial Information
Financing Available: Cash Sale, Conventional

Location

School Information
School District: Magnolia
School Elementary: MAGNOLIA ELEMENTARY SCHOOL (MAGNOLIA)
School Middle: MAGNOLIA JUNIOR HIGH SCHOOL
School High: MAGNOLIA WEST HIGH SCHOOL
Additional School: MAGNOLIA INTERMEDIATE SCHOOL

Location Information
Area: Montgomery County SW
Directions: From Pinehurst - North on FM 1774. Left on Nichols Sawmill., Right on Commerce. House is on the right.
MLS Map Page and Grid: 212N

Community Information
No

Public facts

Beds: —
Baths: 1.0
Sq. Ft.: 1,572
Stories: 1.0
Lot Size: 0.79 acres
Style: Single Family Residential
Year Built: 1966
Year Renovated: 1966
County: Montgomery County
APN: 000000122628

Home facts updated by county records on Sep 2, 2026

Other

Miscellaneous Information
Is IDX Opt In

Listing Information
Exclusive Right to Sell/Lease

Home Information
Dwelling Type: Free Standing

Listing Office & Agent Information
List Agent Email: lisac@carswellrealestate.com

Around this home

Schools

Magnolia Elementary School

Public PreK-4 • Assigned • 0.1mi

6/10

Magnolia Junior High School

Public 7-8 • Assigned • 0.6mi

7/10

Magnolia West High School

Public 9-12 • Assigned • 1.3mi

5/10

Provided by GreatSchools

Lifestyle

Provided by Walk Score and Local Logic

Climate risks

1/10 Flood Factor

Minimal risk of a flood reaching the building in the next 30 years

3/10 Fire Factor

0.15% chance of being in a wildfire in next 30 years

8/10 Heat Factor

7 days above 111° expected this year, 24 days in 30 years

8/10 Wind Factor

99% chance of strong winds in next 30 years

2/10 Air Factor

2 unhealthy days expected this year, 2 days in 30 years

Provided by First Street

Historical weather

Magnolia, TX • 77355

Average low and high temperatures (°F)

Jan

Feb

Mar

Apr

May

Jun

Jul

Aug

Sep

Oct

Nov

Dec

Sun exposure

In this area, properties receive around 9.4 hours in June and 4.8 hours in December, which is comparable to the U.S. average for solar exposure.

9.4 hrs

4.8 hrs

JuneDecember

Provided by Shadowmap

Estimated sale price

$266,000 – $321,000

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New listings for sale in 77355

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NEW 3 HRS AGO

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Home values near 306 Commerce St

Data from public records.

Address	Redfin Estimate
308 Melton Street, Magnolia, TX - Beds \| 1 Baths \| 308 Sq. Ft.	$109,055
411 Magnolia Boulevard, Magnolia, TX 2 Beds \| 1 Baths \| 648 Sq. Ft.	$94,866

Address	Redfin Estimate
220 Melton Street, Magnolia, TX - Beds \| 1 Baths \| 1620 Sq. Ft.	$180,336
314 Melton Street, Magnolia, TX 3 Beds \| 1 Baths \| 751 Sq. Ft.	$174,353

Address	Redfin Estimate
315 Magnolia Boulevard, Magnolia, TX - Beds \| 2 Baths \| 896 Sq. Ft.	$191,202
318 Melton Street, Magnolia, TX 3 Beds \| 1 Baths \| 1373 Sq. Ft.	$216,367

Property information provided by HARMLS when last listed in 2024. This data may not match . Learn more.

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GreatSchools Ratings provided by GreatSchools.org.

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About this home

Redfin Estimate

Earn from this home

Market trends in 77355, TX

Sale history for 306 Commerce St

Tax history for 306 Commerce St

Public record

Property details

Around this home

Schools

Lifestyle

Climate risks

Historical weather

Sun exposure

Nearby similar homes

New listings for sale in 77355

Home values near 306 Commerce St

More real estate resources