3 months on rocket

40850 Country Forest Dr, Magnolia, TX, 77354

$385,000

5.01 Acres
Land

Location

Image provided by Mapbox

Property Highlights

Home TypeOther
MLS #12723116
Lot Size5.01 Acres
StatusActive

About 40850 Country Forest Dr

Secluded and private 5 ACRE tract located in the back of this deed-restricted and quaint neighborhood. Located 6 Miles from The Woodlands, 3 miles to Magnolia High School and, the new Aggie Fwy! The neighborhood features gently rolling terrain, mature trees, and natural wildlife. No commercial. The minimal lot size here is 2.5 acres. Ideal for a builder to subdivide into (2) 2.5-acre residential lots, or for anyone to build their dream home on the largest lot available in Magnolia ISD @ this price. Acreage faces South. Low Taxes. Not in a Flood zone. Survey on hand.

Property Details

Property Features

Listing Office:

  • Office Name: Berkshire Hathaway HomeServices Premier Properties
  • Office Phone: (713) 668-8000
  • Listing Agent: Timothy Patterson

Lot Features

Lot Information:

  • Lot: Corner Lot, Cul-De-Sac, Split Possible, Wooded
  • Lot Size: 5.01 Acres

Other

Directions Information:

  • Directions: From Research Blvd & FM 1488, go West until Country Forest Dr. Make Right. (There will be a neighborhood plaque of "Country Forest") Take Country Forest all the way down to it dead ends. The tract will be located on your right.

Price Information

Listing Price Info

Price Summary:

  • List Price: $385,000

HOA Fees:

  • Amount: $100
  • Frequency: Annually
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Housing Market Comparison

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

Med. Sold Price

$370K

Med. Price/SqFt

$174

Avg. Days On Market

43

# of Sold Homes

102

40850 Country Forest Dr vs Magnolia

103 DAYS ON ROCKET

+60 Days

$385,000

+$15K More

KEY TAKEAWAY

This property is $15K more than the Median Sold Price in Magnolia, TX.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: HAR
  • MLS Number: #12723116

Listing Office:

  • Office Name: Berkshire Hathaway HomeServices Premier Properties
  • Office Phone: (713) 668-8000
  • Listing Agent: Timothy Patterson

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”.

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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: 11/21/2024, 11:20:48 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

We're sorry, we currently don't have sales or tax history data for this listing.

Payment Calculator

$1,997

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$1,221

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NMLS#3030

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-460754
5
/10
  • Magnolia Parkway Elementary School

  • 11745 FM 1488 Rd

  • 1.40 miles

  • Public District Grades PK-4

school-card-donut-460755
7
/10
  • Bear Branch Elementary School

  • 8909 FM 1488 Rd

  • 2.99 miles

  • Public District Grades PK-4

school-card-donut-460756
6
/10
  • Bear Branch Intermediate School

  • 8040 Ken Lake Dr

  • 4.65 miles

  • Public District Grades 5-6

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $99,247. The most common annual income of people living in Magnolia, TX is between $100k-200k. The most common type of family is married, with kids. Typical level of education for residents in this area is post secondary degree.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 40850 Country Forest Dr

What is the listing price of this property?

The listing price of 40850 Country Forest Dr property is $385,000.

What type of property is this?

The property 40850 Country Forest Dr is land located in Magnolia, Texas, 77354.

Is this property for sale now?

Active Listing: 40850 Country Forest Dr is For Sale (Active/New) which means the seller is accepting offers.

How much acreage is this property?

The property 40850 Country Forest Dr is 5.01 acres.
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Rocket HomesTexasMontgomery CountyMagnolia7735440850 Country Forest Dr

This home is located at 40850 Country Forest Dr in Magnolia, TX and zip code 77354. This home sits on a 5.01 acre lot. It has been listed on Rocket Homes since August 10, 2024 and is currently priced at $385,000.

While more than 16 listings in Magnolia, TX in October 2024 were sold above asking price, there were more than 29 listings sold at asking price, and more than 57 were sold below. The inventory of homes for sale in Magnolia, TX between September 2024 and October 2024 increased by 8.5%. In October 2024, listings were on the market for 43 days. During the same period, the median list price in this real estate market was $370,000.

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

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