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Land with Home for Sale in Magnolia, Texas

40323 Community Rd, Magnolia, TX 77354

$920,000
2.39 acres
Active sale
ago
Est $4,916/mo

Set on 2.39 unrestricted private acres, this fully renovated 1957 farmhouse blends timeless charm with modern ease. With over $250K in updates, the home carefully preserves its history by showcasing original hardwood floors from Grogan-Cochran Lumber Co., tongue-and-groove walls/ceilings + striking exposed beams. An oversized kitchen island anchors the heart of the home, perfect for everyday living. With 3 beds/3 baths + extra flex space, the layout offers comfortable living inside and out. Surrounded by peaceful, scenic equestrian farms, evenings come alive with unforgettable sunsets by the firepit under the glow of the new gazebo. A 1,600 sqft workshop w/ garage doors offers incredible flexibility for storage, parking, or a future guest house - already plumbed for water/septic and ideal for multi-generational living or income potential. Whole house generator - 2024. Minutes to Hwy 249, The Woodlands, and an easy drive to Bryan/College Station. Zoned to top-rated Magnolia ISD schools.

3,105
Sq feet
3
Beds
3
Full baths
1957
Built

Location

Street address
40323 Community Rd
School district
36 - Magnolia
Elevation
249 feet
Coordinates
30.2291, -95.6725

Directions

From I-45, head West on FM 1488; Right on Community Road; Property is on the Left.

Property details

Acreage
2.39 acres
MLS #
HARMLS 75466837
Posted

Property taxes

2025
$6,043

Parcels

  • 56245

Legal description

Open houses

DateBeginsEndsAppt neededRemarks
Apr 4, 20269:00 AM1:00 PMNo

Details and features

Listing

Type
Residential
Subtype
Single Family Residence

Exterior

Parking
Garage, Workshop
Fencing
Fenced, Full
Outdoor Spaces
Deck, Patio, Porch
Structures
Storage
Features
Covered Patio, Fully Fenced, Private Yard, Sprinkler Irrigation

Structure

Style
Ranch
Stories
1
Water
Well
Heating
Central, Electric, Fireplace(s)
Cooling
Central Air
Materials
Cement Siding, Stone
Roof
Composition

Interior

Room Count
8
Rooms
Bathroom x 3, Bedroom x 3, Bonus Room, Dining Room, Kitchen, Living Room, Utility Room
Flooring
Carpet, Tile, Wood
Fireplaces
Yes
Appliances
Cooktop, Dishwasher, Microwave, Oven, Washer
Features
Breakfast Bar, Ceiling Fans, Fireplace, Kitchen Dining Combo, Kitchen Family Room Combo, Kitchen Island, Living Dining Room, Pantry, Self Closing Cabinet Doors, Self Closing Drawers, Soaking Tub, Tub Shower, Vanity, Vaulted Ceilings, Window Treatments

Nearby schools

NameTypeDistrict
Magnolia Parkway Elementary SchoolElementary36 - Magnolia
Magnolia Parkway Junior HighMiddle36 - Magnolia
Magnolia High SchoolHigh36 - Magnolia

Listing history

DateEventPriceChangeSource
Apr 3, 2026New listing$920,000HARMLS
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This 2.39-acre property is located at 40323 Community Rd in Magnolia, TX 77354. The property is available for sale for $920,000. It has a 3,105 sq ft 3 bedroom, 3 bath house built in 1957.

Checked 1 hour ago — Updated

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