Come and fall in love with this rare find in Magnolia, Tx! This home offers comfort and country living that you can appreciate. Conveniently located just minutes from new shops, HEB, and Magnolia high school, you will have everything you need while still having your private oasis. Settled on 1.26 acres this unrestricted property has NO HOA giving you endless opportunities. Entering this home you will find vaulted ceilings with wood beams that includes charming features. Detached carport, fenced private pool, private hot tub, open pasture and plenty of outdoor space for gardening! Updated Hot water heater, AC Unit, and all new Pex pipes in the home. Open House Saturday August 5th @ 12pm to 4pm.
Single-familyProperty Type
1967Year Built
1.26 acresLot Size
$234Est. Price/Sq.Ft.
3 spacesParking
Listed by Katy Smith• Better Homes and Gardens Real Estate Gary Greene - Cypress
Bought with Jill Morris• Compass RE Texas, LLC - The Woodlands
GORGEOUS 2 ACRE UNRESTRICTED TRACT IN MAGNOLIA ISD. PROPERTY HAS 270FT OF PAVED FRONTAGE ON COMMUNITY RD. PROPERTY OFFERS A LOVELY BUILDING SITE WITH ROOM FOR HORSES AND OTHER ACTIVITIES. THERE IS A FUNCTIONAL BARN WITH PANELED STALLS, FEED & TACK AREA AND HAY LOFT. PROPERTY HAS HAD HAY PRODUCTION IN THE PAST. ENJOY THE VIEW OF THE LAKE AND LIGHTED FOUNTAIN ON THE ADJOINING PROPERTY. CONVENIENTLY LOCATED TO MAGNOLIA & THE WOODLANDS. ENJOY RURAL LIVING IN A FAST-GROWING AREA.
* Price is not available or MLS listing is off market.
Year
Property tax
Land + Additions
Assessment*
2025
$4,019 (+8.3%)
$113,400 + $140,822
$254,222
2024
$3,710 (+30.7%)
$113,400 + $120,981
$234,381
2023
$2,839 (−1.6%)
2022
$2,885 (+4.4%)
2021
$2,762 (+3.7%)
2020
$2,664 (+7.2%)
2019
$2,486 (+13.8%)
2018
$2,184 (−0.3%)
$35,280 + $68,020
$103,300
2017
$2,190 (−24.4%)
$35,280 + $68,020
$103,300
2016
$2,897 (+3.0%)
$35,280 + $68,020
$103,300
2015
$2,812 (+1.6%)
$65,200 + $71,420
$136,620
2014
$2,768 (+8.6%)
2013
$2,549 (−0.2%)
2012
$2,554 (+1.5%)
$60,310 + $57,040
$117,350
2011
$2,515 (+9.4%)
2009
$2,299
Tax history for 40930 Community Rd
Year
Property tax
Land + Additions
Assessment*
2025
$4,019 (+8.3%)
$113,400 + $140,822
$254,222
2024
$3,710 (+30.7%)
$113,400 + $120,981
$234,381
2023
$2,839 (−1.6%)
2022
$2,885 (+4.4%)
2021
$2,762 (+3.7%)
2020
$2,664 (+7.2%)
2019
$2,486 (+13.8%)
2018
$2,184 (−0.3%)
$35,280 + $68,020
$103,300
2017
$2,190 (−24.4%)
$35,280 + $68,020
$103,300
2016
$2,897 (+3.0%)
$35,280 + $68,020
$103,300
2015
$2,812 (+1.6%)
$65,200 + $71,420
$136,620
2014
$2,768 (+8.6%)
2013
$2,549 (−0.2%)
2012
$2,554 (+1.5%)
$60,310 + $57,040
$117,350
2011
$2,515 (+9.4%)
2009
$2,299
*Taxable value of land and structures on it ("additions") is determined regularly by local assessors and does not affect market price.
School Elementary: MAGNOLIA PARKWAY ELEMENTARY SCHOOL
School Middle: BEAR BRANCH JUNIOR HIGH SCHOOL
School High: MAGNOLIA HIGH SCHOOL
Additional School: BEAR BRANCH INTERMEDIATE SCHOOL
Location Information
Area: Montgomery County SW
Directions: From FM 1488, turn right onto Community Rd, at first stop sign you will stay right on Community Rd, Home is located on the right hand side right before Hosford Rd.
MLS Map Page and Grid: 213D
Community Information
No
Public facts
Beds: —
Baths: 2.0
Sq. Ft.: 1,384
Stories: 1.0
Lot Size: 1.26 acres
Style: Single Family Residential
Year Built: 1980
Year Renovated: 1980
County: Montgomery County
APN: 000000056295
Home facts updated by county records on Jul 29, 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: katy.smith@garygreene.com
Around this home
Schools
Magnolia Parkway Elementary School
Public PreK-4 • Assigned • 1.4mi
7/10
Magnolia High School
Public 9-12 • Assigned • 1.4mi
7/10
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
4/10 Fire Factor
1% 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 • 77354
Average low and high temperatures (°F)
61
40
71
49
80
57
82
64
87
68
92
75
93
74
95
75
91
70
88
62
77
55
68
49
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
$308,000 – $373,000
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