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40323 Community Rd

Magnolia, TX 77354
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3 Bedroom(s)
3 Full Bath(s)
3,105 Sqft
2.39 Lot Acres
Single-Family

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Description

Set on 2.39 unrestricted private acres, this fully renovated 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.

MLS#
75466837
List Price
$920,000 ($296/Sqft.)
Listing Status
For Sale
Address
40323 Community Rd
City
Magnolia
State
TX
Zip Code
77354
County
Montgomery County
Subdivision
N/A
Legal Description
A0600 WICKSON CYRUS, TRACT 2, ACRES 2.390
Property Type
Single-Family
Bedroom
3 Bedroom(s)
Bath
3 Full Bath(s)
Stories
1
Building Size
3,105 Sqft/Appraisal
Architecture Style
Farmhouse,Ranch
Year Built
1957 /Appraisal District
Lot Size
2.39 Lot Acres/Appraisal District
LP / Acre
$384,937 / Acre
Key Map©
213G
Market Area

Rooms

Living
24 x 17, 1st
Dining
24 x 12, 1st
Kitchen
18 x 16, 1st
Primary Bedroom
16 x 16, 1st
Bedroom
16 x 14, 1st
Bedroom
16 x 12, 1st
Extra Room
21 x 21, 1st
Utility Room Desc
14 x 8.5, 1st

Exterior

Roof
Composition
Foundation
Pier & Beam, Slab
Private Pool
No
Exterior Type
Cement Board, Stone
Lot Description
Wooded
Garage Carport
Auto Driveway Gate,Workshop
Controlled Access
Automatic Gate
Water Sewer
Aerobic, Well
Front Door Face
East
Exterior
Back Green Space, Back Yard, Covered Patio/Deck, Exterior Gas Connection, Fully Fenced, Outdoor Fireplace, Patio/Deck, Porch, Private Driveway, Side Yard, Sprinkler System, Storage Shed, Workshop

Extra details you may need to know

Dwelling Type
Free Standing
HOA Mandatory
No
List Type
Exclusive Right to Sell/Lease

Financial information

Financing Considered
Cash Sale, Conventional, FHA, VA
Other Fees
No
Maintenance Fee
No
Taxes w/o Exemp
$6,043/2025
Tax Rate
1.5808

Interior

Fireplace
1/Wood Burning Fireplace
Floors
Carpet, Tile, Wood
Bathroom Description
Primary Bath: Tub/Shower Combo, Secondary Bath(s): Shower Only, Secondary Bath(s): Soaking Tub, Vanity Area
Bedroom Description
All Bedrooms Down,Primary Bed - 1st Floor
Kitchen Description
Breakfast Bar,Island w/ Cooktop,Kitchen open to Family Room,Pantry,Soft Closing Cabinets,Soft Closing Drawers,Under Cabinet Lighting
Room Description
Family Room, Gameroom Down, Kitchen/Dining Combo, Living/Dining Combo, Utility Room in House
Cooling
Central Electric
Heating
Central Electric
Connections
Electric Dryer Connections, Washer Connections
Dishwasher
Yes
Microwave
Yes
Oven
Electric Oven
Range
Electric Cooktop
Energy Feature
Ceiling Fans, Generator
Interior
Fire/Smoke Alarm, Vaulted Ceiling, Window Coverings

Lot Information

Lot Size
2.39 Lot Acres /Appraisal District
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Disclaimer: Lot configuration and dimensions are estimates, not based on personal knowledge and come from a third party (Digital Map Products); therefore, you should not rely on the estimates and perform independent confirmation as to their accuracy
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Information source

Houston Association of REALTORS®
Source last updated Apr 15, 2026 at 02:17 PM
Listing last updated Apr 12, 2026 at 04:27 PM
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Cost/Sqft based on tax value

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Estimated Monthly Payments

DOWN PAYMENT
Loan Term
$-----
$-----
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Presented by TimeValue Software ©2021
Principal & InterestTaxes30.4%69.6%
Listing TaxNumbers
Principal & Interest2,841
Taxes1,242
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Assigned schools

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Notice & Disclaimer
School information is computer generated and may not be accurate or current. Buyer must independently verify and confirm enrollment. Please contact the school district to determine the schools to which this property is zoned.
Copyright© 2026 , HOUSTON REALTORS® INFORMATION SERVICE, INC. All Rights Reserved. Data Not Verified/Guaranteed by MLS
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