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40306 Colfax Rd, Magnolia, TX, 77354

$800,000

Home List Price

$9,500*

Closing Credit

5 Bedrooms
2 Full Baths, 1 Partial
3,160 SqFt
$253/SqFt
House

Location

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40306 Colfax Rd, Magnolia$800,000

Buyer Closing Credits

$9,500*

1.25% Loan Amount

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Property Highlights

Home TypeSingle Family Residence
ParkingAdditional Parking, Attached, Driveway, Electric Gate, Garage, Garage Door Opener, Oversized
Attached Garage2 spaces
Year Built1998
HeatingCentral, Natural Gas, Zoned
CoolingCentral Air, Electric, Zoned, Attic Fan
FireplaceGas
Private PoolYes
MLS #97552624
Lot Size1.79 Acres
StatusActive

About 40306 Colfax Rd

This stunning 5-bedroom, 2.5-bathroom residence is nestled on a sprawling 1.79-acre lot adorned with mature trees, offering a serene and private retreat. The property boasts a sparkling swimming pool and spa, complemented by a multi-level deck perfect for entertaining guests or relaxing. Inside there’s a study with built-in bookcases, a formal dining room, and a game room equipped with surround sound, a wet bar, and custom built-ins. The kitchen features custom hard surface countertops, breakfast bar, and an abundance of storage cabinets and is open to the family room with fireplace. The laundry room is designed for convenience with a laundry chute (from upstairs), sink, counters, and storage. Enjoy the added benefit of an automatic driveway gate and the savings of a low tax rate. This home is ideally located close to shopping centers, schools, and medical facilities, ensuring all your needs are met. Don't miss the opportunity to own this exceptional home retreat! New A/C's 11/24

Property Details

Property Features

Property Information:

  • Architectural Style: Traditional
  • Year Built: 1998
  • Stories: 2
  • Living Area: 3,160 SqFt

Listing Office:

  • Office Name: Epique Realty LLC
  • Office Phone: (512) 387-0722
  • Listing Agent: Roland Romero

Interior Features

Interior Information:

  • Appliances: Dishwasher, Range, Disposal, Gas Oven, Gas Range, Microwave, Oven, Dryer, Refrigerator, Water Softener, Washer
  • Flooring Type: Carpet, Tile, Wood
  • Interior: Wet Bar, Breakfast Bar, Crown Molding, Double Vanity, High Ceilings, Kitchen/Family Room Combo, Bath in Primary Bedroom, Pantry, Soaking Tub, Separate Shower, Tub Shower, Walk-In Pantry, Wired for Sound, Ceiling Fan(s), Programmable Thermostat
  • Fireplace: Gas

Bedroom and Bathroom Information:

  • Partial Bathrooms: 1
  • Full Bathrooms: 2
  • Total Bedroom Count: 5

Exterior Features

Exterior Information:

  • Private Pool: Yes
  • Exterior: Covered Patio, Deck, Fully Fenced, Fence, Hot Tub/Spa, Sprinkler/Irrigation, Porch, Patio, Private Yard, Storage

Parking Information:

  • Garage Space: 2 spaces
  • Attached Garage: Yes
  • Parking: Additional Parking, Attached, Driveway, Electric Gate, Garage, Garage Door Opener, Oversized

Lot Features

Lot Information:

  • Lot: Subdivision, Wooded
  • Lot Size: 1.79 Acres

Utilities

Utilities Information:

  • Heating: Central, Natural Gas, Zoned
  • Cooling: Central Air, Electric, Zoned, Attic Fan

Other

Directions Information:

  • Directions: From I45 North or South take FM 1488 exit west. Turn Rt on Cimarron Way. Turn Lt on Deer Lodge, then turn Rt on Colfax. Home on the Rt.

Price Information

Listing Price Info

Price Summary:

  • List Price: $800,000
  • Price Per SqFt: $253/SqFt

HOA Fees:

  • Amount: $130
  • Frequency: Annually

Tax Information:

  • Annual Amount: $7,201
  • Tax Year: 2021
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Housing Market Comparison

See how this home compares to others in Magnolia, TX.

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Magnolia, TX

City

Med. Sold Price

$351.7K

Med. Price/SqFt

$171

Avg. Days On Market

51

# of Sold Homes

86

40306 Colfax Rd vs Magnolia

155 DAYS ON ROCKET

+104 Days

$800,000

+$448.2K More

$253/SqFt

+$82 More

KEY TAKEAWAY

This property is $448.2K more than the Median Sold Price and $82/SqFt more than other homes in Magnolia, TX.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: HAR
  • MLS Number: #97552624

Listing Office:

  • Office Name: Epique Realty LLC
  • Office Phone: (512) 387-0722
  • Listing Agent: Roland Romero

Broker ReciprocityDisclaimer: The MLS data is provided exclusively to Participants or Subscribers for display on their website solely for consumers’ personal, non-commercial use, that the MLS data may not be used for any purpose other than to display prospective properties consumers may be interested in purchasing or leasing. Information contained on the computer print-outs of the Multiple Listing Service (MLS) of the HOUSTON REALTORS® INFORMATION SERVICE (HRIS) is furnished by MLS Participants for dissemination to other MLS Participants, for their exclusive use, and should not be relied upon by Buyer/Tenant or any other person. There is no express or implied warranty by HRIS or MLS as to the accuracy of such information, which should be independently verified by Buyer/Tenant or such other person. MLS does not verify the information and disclaims any responsibility for its accuracy. Any estimate of value was prepared using automated processes and should not be considered a comparative market analysis (CMA) or appraisal. You may contact us to provide additional information and analysis for a more accurate estimate of the property's value. Digital images modified or enhanced to alter real property characteristics contain a visible and legible watermark across the bottom of the image “Image does not represent actual property as is”.

Copyright© 2024 Houston Realtors Information Service, Inc. All rights reserved.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.


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Last updated on: 12/22/2024, 4:20:49 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Tax History

YEARPROP. TAXASSESSMENT
2021$7,201$425,930
2020$7,386$401,500
2019$7,504$365,000
2017$7,221$340,540

History based on county public records data.

Payment Calculator

$4,070

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$2,465

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Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Nearby Schools

school-card-donut-1018469
7
/10

  • Bear Branch Elementary School

  • 8909 FM 1488 Rd

  • 1.04 miles

  • Public District Grades PK-4

school-card-donut-1018470
8
/10

  • Ellisor Elementary School

  • 33040 Egypt Ln

  • 2.63 miles

  • Public District Grades PK-4

school-card-donut-1018471
6
/10

  • Bear Branch Intermediate School

  • 8040 Ken Lake Dr

  • 2.67 miles

  • Public District Grades 5-6

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $95,165. The majority of Magnolia, TX residents have income between $100k-200k annually. Residents typically live in married, with kids family. The majority of residents in this area have post secondary degree education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 40306 Colfax Rd

What is the listing price of this property?

The listing price of 40306 Colfax Rd property is $800,000.

What type of property is this?

The property 40306 Colfax Rd is a house located in Magnolia, Texas, 77354.

Is this property for sale now?

Active Listing: 40306 Colfax Rd is For Sale (Active/New) which means the seller is accepting offers.

What is the annual property tax for this property?

According to the records, the last property tax for 2021 is $7,201 (source: MLS/based on county public records data).

How many bedrooms and bathrooms does this property have?

The property at 40306 Colfax Rd has 5 bedrooms and 2 full and 1 half bathrooms.

What is the square footage of this property?

The property 40306 Colfax Rd is 3,160 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 40306 Colfax Rd is 1998.

Rocket Homes›Texas›Montgomery County›Magnolia›77354›40306 Colfax Rd

This home is located at 40306 Colfax Rd in Magnolia, TX and zip code 77354. This 3,160 square foot home, which was built in 1998, sits on a 1.79 acre lot. Features: 5 bedrooms, 3 bathrooms. It has been listed on Rocket Homes since July 19, 2024 and is currently priced at $800,000.

Over 14 listings were sold over their listed price in November 2024 in Magnolia, TX. In the same period over 51 listings were sold below the listed price and 21 listings were sold for the listed price. The number of homes for sale in Magnolia, TX decreased by 2.2% between October 2024 and November 2024. In November 2024, listings were on the market for 51 days. During the same period, the median list price in this real estate market was $351,757.

From Rocket Homes Real Estate and based on county public records data.

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