This home's estimate is 11.3% higher than the average sale price ($638K) of 6 comparable homes.
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40502 Community Rd, Magnolia, TX 77354
About this home
HOUSE DID NOT FLOOD Simply gorgeous 6.5 +/- acres with a shared pond. Beautiful updated house features wood flrs throughout. Fabulous island kit w/ granite, counter tops, unique lighting, Stainless Steel Appliances, & plenty of custom cabinetry. Living Room w/ built-ins & desk area. Covered patio. 40x60 Barn with roll up door. 30x40 covered area attached to barn for lawn equipment. Covered pavilions for picnics & family gatherings. Spectacular views of the pond & the beautiful acreage. Private gated entry.
Redfin Estimate
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Market trends in 77354, TX
Last updated July 2026
Buyer's Market
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Provided by Redfin
Sale history for 40502 Community Rd
$211/sq ft
$216/sq ft
$234/sq ft
$244/sq ft
* Price is not available or MLS listing is off market.
Tax history for 40502 Community Rd
*Taxable value of land and structures on it ("additions") is determined regularly by local assessors and does not affect market price.
Public record
Property details
Interior
- Bathroom Information
- # of Baths (1/2): 1
- # of Baths (Full): 2
- Master Bath Features: Double Sinks, Master Bath with Separate Shower, Whirlpool Tub
- Bedroom Information
- 2 Bedrooms Downstairs, All Bedrooms Downstairs, Master Bedroom on 1st Floor
- Interior Features
- Room Count: 9
- Breakfast Room, Den, Family Room, Living/Dining Combo, Utility Room in House
- Equipment
- Convection Oven, Electric Oven
- Gas Cooktop
- Laundry Information
- Laundry Location: Utility Room in House
- 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, Digital Program Thermostat
- Alarm System (Owned), Breakfast Bar, Fire/Smoke Alarm, Island Kitchen
- Countertops: Granite
- Floors: Carpet, Tile, Wood
- Room 1 Information
- Room Type: Utility
- Location: In House
- Room 2 Information
- Dimensions: 22 x 24
- Room Type: Living Room
- Features: Living/Dining Combo
- Room 3 Information
- Dimensions: 7 x 8
- Room Type: Breakfast
- Room 4 Information
- Dimensions: 18 x 21
- Room Type: Den
- Room 5 Information
- Dimensions: 9 x 14
- Room Type: Kitchen
- Room 6 Information
- Dimensions: 12 x 12
- Room Type: Bedroom
- Location: 1st Floor
- Room 7 Information
- Dimensions: 12 x 12
- Room Type: Bedroom
- Location: 1st Floor
- Room 8 Information
- Dimensions: 14 x 18
- Room Type: Master Bedroom
- Location: 1st Floor
- Room 9 Information
- Room Type: Master Bath
- Features: Double Sinks, Master Bath + Separate Shower, Whirlpool/Tub
Exterior
- Building Information
- Siding: Brick & Wood, Stone
- Roof: Composition
- Foundation: Slab
- Defects: No Known Defects
- Water & Sewer Information
- Septic Tank, Well
- Other Exterior Features
- Exterior: Back Yard, Covered Patio/Deck, Partially Fenced
- Property Information
- Co-op Sale
- Exemptions: Homestead,,,,,,,,,,,
- Full Ownership
- Lot Information
- Section Num: 0
- Legal Lot Description: A0600 WICKSON CYRUS, TRACT 9-E, ACRES 6.5
- Street Surface: Asphalt
- Lot Description: Water View, Waterfront
Financial
- Tax Information
- Tax ID #: 0600-00-00920
- Tax Amount: $4,482
- Tax Year: 2016
- Total Tax Rate (%): 2.1205
- Financial Information
- Financing Available: Cash Sale, Conventional
Location
- Community Information
- Water Amenities: Pond
- School Information
- School District: Magnolia
- School Elementary: MAGNOLIA PARKWAY ELEMENTARY SCHOOL
- School Middle: BEAR BRANCH JUNIOR HIGH SCHOOL
- School High: MAGNOLIA HIGH SCHOOL
- Location Information
- Area: Montgomery County SW
- Directions: From Pinehurst, east (right)on FM 149. Right (east)on FM 1488. Left on Community Rd. House is on the right.
- MLS Map Page and Grid: 213G
Public facts
- Beds: —
- Baths: 2.5
- Sq. Ft.: 2,770
- Stories: 1.0
- Lot Size: 6.98 acres
- Style: Ranch
- Year Built: 1979
- Year Renovated: 1999
- County: Montgomery County
- APN: 000000056267
Other
- Miscellaneous Information
- Is IDX Opt In
- Listing Information
- Exclusive Right to Sell/Lease
- Home Information
- Dwelling Type: Free Standing
- Listing Office & Agent Information
- TREC License Number: 0658830
- List Agent Email: Lisac@carswellrealestate.com
Around this home
Schools Places Transit
Public PreK-4 • Assigned • 1.4mi
Public 9-12 • Assigned • 0.9mi
Lifestyle
Provided by Walk Score and Local Logic
Climate risks
Minimal risk of a flood reaching the building in the next 30 years
0.93% chance of being in a wildfire in next 30 years
7 days above 111° expected this year, 24 days in 30 years
99% chance of strong winds in next 30 years
2 unhealthy days expected this year, 2 days in 30 years
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.
Nearby similar homes
New listings for sale in 77354
Home values near 40502 Community Rd
| Address | Redfin Estimate |
|---|---|
- Beds | 2 Baths | 2464 Sq. Ft. | — |
4 Beds | 2.5 Baths | 3058 Sq. Ft. | $400,541 |
| Address | Redfin Estimate |
|---|---|
4 Beds | 3.5 Baths | 3102 Sq. Ft. | $1,136,812 |
- Beds | 2 Baths | 1990 Sq. Ft. | $279,799 |
| Address | Redfin Estimate |
|---|---|
4 Beds | 2.5 Baths | 1853 Sq. Ft. | $287,121 |
3 Beds | 2 Baths | 1902 Sq. Ft. | $284,908 |
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