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40858 Community Rd, Magnolia, TX, 77354

$614,990

Home List Price

$7,303*

Closing Credit

4 Bedrooms
3 Full Baths, 1 Partial
2,898 SqFt
$212/SqFt
House

Location

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40858 Community Rd, Magnolia$614,990

Buyer Closing Credits

$7,303*

1.25% Loan Amount

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Property Highlights

Home TypeSingle Family Residence
ParkingAttached, Garage
Attached Garage2 spaces
Year BuiltNew Const., 2024
HeatingCentral, Natural Gas
CoolingCentral Air, Electric
FireplaceGas, Wood Burning
MLS #4184189
StatusActive

About 40858 Community Rd

Amazing Multi-Generational 2 Story home has it all with 4 Full Bedrooms (Guest Bedroom down w/Ensuite bath), 3.5 baths, Study, Bonus Room up with 2 full bedrooms. Master bathroom has a spacious walk in master shower and garden tub. Open and spacious with walls of windows bringing in lots of natural light and a beautiful view of the huge backyard!! The kitchen features tons of cabinets, a large island, stainless steel appliances with a 36” 5 burner cooktop and a large breakfast area. Striking Farmhouse Elevation gives this home Amazing curb appeal! Magnolia ISD and NO MUD TAX!

Property Details

Property Features

Property Information:

  • Architectural Style: Traditional
  • Year Built: 2024
  • Stories: 2
  • Living Area: 2,898 SqFt

Listing Office:

  • Office Name: 7th Generation Realty
  • Office Phone: (713) 249-8196
  • Listing Agent: Shawn Speer

Interior Features

Interior Information:

  • Appliances: Dishwasher, Electric Oven, Gas Cooktop, Disposal, Microwave
  • Flooring Type: Carpet, Tile
  • Interior: Crown Molding, High Ceilings, Ceiling Fan(s), Programmable Thermostat
  • Fireplace: Gas, Wood Burning

Bedroom and Bathroom Information:

  • Partial Bathrooms: 1
  • Full Bathrooms: 3
  • Total Bedroom Count: 4

Exterior Features

Exterior Information:

  • Private Pool: No

Parking Information:

  • Garage Space: 2 spaces
  • Attached Garage: Yes
  • Parking: Attached, Garage

Lot Features

Lot Information:

  • Lot: Cul-De-Sac, Subdivision

Utilities

Utilities Information:

  • Heating: Central, Natural Gas
  • Cooling: Central Air, Electric

Other

Directions Information:

  • Directions: From I-45N take the FM 1488 exit and travel west for 14 miles. Turn left on Community Rd and follow to 40606 Damuth Dr. Our model is on the right.

Price Information

Listing Price Info

Price Summary:

  • List Price: $614,990
  • Price Per SqFt: $212/SqFt

HOA Fees:

  • Amount: $550
  • Frequency: Annually

Tax Information:

  • Annual Amount: $584
  • 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

40858 Community Rd vs Magnolia

104 DAYS ON ROCKET

+53 Days

$614,990

+$263.2K More

$212/SqFt

+$41 More

KEY TAKEAWAY

This property is $263.2K more than the Median Sold Price and $41/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: #4184189

Listing Office:

  • Office Name: 7th Generation Realty
  • Office Phone: (713) 249-8196
  • Listing Agent: Shawn Speer

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, 6:20:50 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$584$29,590
2020$598$29,590
2019$625$29,590
2017$1,001$47,200

History based on county public records data.

Payment Calculator

$3,182

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$1,910

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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-1048526
5
/10

  • Magnolia Parkway Elementary School

  • 11745 FM 1488 Rd

  • 1.48 miles

  • Public District Grades PK-4

school-card-donut-1048527
7
/10

  • Bear Branch Elementary School

  • 8909 FM 1488 Rd

  • 4.16 miles

  • Public District Grades PK-4

school-card-donut-1048528
6
/10

  • Williams Elementary School

  • 18101 FM 1488 Rd

  • 5.03 miles

  • Public District Grades PK-4

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $99,247. Residents of Magnolia, TX typically earn between $100k-200k each year. Most families are married, with kids. The most common level of education of people living in this area is post secondary degree.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 40858 Community Rd

What is the listing price of this property?

The listing price of 40858 Community Rd property is $614,990.

What type of property is this?

The property 40858 Community Rd is a house located in Magnolia, Texas, 77354.

Is this property for sale now?

Active Listing: 40858 Community 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 $584 (source: MLS/based on county public records data).

How many bedrooms and bathrooms does this property have?

The property at 40858 Community Rd has 4 bedrooms and 3 full and 1 half bathrooms.

What is the square footage of this property?

The property 40858 Community Rd is 2,898 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 40858 Community Rd is 2024.

Rocket Homes›Texas›Montgomery County›Magnolia›77354›40858 Community Rd

This home is located at 40858 Community Rd in Magnolia, TX and zip code 77354. This 2,898 square foot home was built in 2024. Features: 4 bedrooms, 4 bathrooms. It has been listed on Rocket Homes since September 09, 2024 and is currently priced at $614,990.

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 inventory of homes for sale in Magnolia, TX between October 2024 and November 2024 decreased by 2.2%. The median list price of listings available in November 2024 was $351,757, while the average time on the real estate market was 51 days.

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

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