$7,125 Closing Credit¹
#85133878, David Lapaglia, Listing Office: Olde Homestead Properties of T
$1,000,000 List price
40029 Mill Creek Rd Magnolia, TX 77354
$10,000
Closing credit¹
3 beds
2 full
1,926 sqft
1.2 acres
$519 / sqft
House
Property details
About 40029 Mill Creek Rd
Unrestricted COMMERCIAL/residential property! Lot 3 can be purchased separately or together with Lot 4 for a combined total of 2.36 acres located in one of the fastest growing markets in Montgomery County! These lots are across from the entrance of a large residential subdivision with 1,400 home sites. Planned future commercial development directly behind the property (Audubon) with an additional 1,600 residential lots and across the street will be the Magnolia Crossing Shopping Center also with planned retail, office, and residential! Both lots currently have residential structures and out-buildings. Lot #3 is being sold for land value only. Improvements on Lot 3 have no contributory value to the property. Lot #4 is being sold for land value only. Improvements on Lot 4 have no contributory value to the property. This is a PRIME location for commercial development!
Highlights
Home typeSingle Family Residence
HeatingCentral, Electric
StatusActive
CoolingCentral Air, Electric
Size1,926 sqft
Lot size1.18 Acres
Year built2015
MLS #93661427
Summary
- Full Bathrooms: 2
- Interior: Tub Shower
- Total Bedroom Count: 3
- Private Pool: No
- Architectural Style: Traditional
- Heating: Central, Electric
- Cooling: Central Air, Electric
- List Price: $1,000,000
- Price/SqFt: $519
- Annual Tax Amount: $5,800
- Tax Year: 2024
- Lot: Wooded
- Directions: Take I-45 North and exit 1488. Continue west for 15 miles. Turn right on Mill Creek Road, property is the 2nd home on the left.
- Year Built: 2015
- Stories: 1
- Living Area: 1,926 SqFt
- Lot Size: 1.18 Acres
- MLS Number: 93661427
- MLS Name: HAR
- Office Name: Olde Homestead Properties of T
- Office Phone: (281) 356-8470
- Office Email: realestate@homesteadprop.com
- Listing Agent: David Lapaglia
Disclaimer: 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: 5/23/2025, 3:20:26 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
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$1,000,000
40029 Mill Creek Rd
$10,000
closing credit¹
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Price information
Property sales
We're sorry, we currently don't have property sales data for this listing.
Tax history
| Year | Assessment | Property Tax |
|---|---|---|
| 2024 | $354,971 | $5,800 |
| 2023 | $367,440 | $6,483 |
| 2022 | $308,700 | $5,447 |
| 2021 | $243,840 | $4,562 |
| 2020 | $231,320 | $3,924 |
| 2019 | $193,910 | $4,099 |
| 2017 | $193,910 | $4,111 |
History based on county public records data.
Nearby schools
6
Williams Elementary School
Public District PK-4
2.5 mi
•18101 FM 1488 Rd
7
Magnolia Elementary School
Public District PK-4
3.1 mi
•31900 Nichols Sawmill Rd
5
Magnolia Parkway Elementary School
Public District PK-4
3.4 mi
•11745 FM 1488 Rd
School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.
Neighborhood
The neighbors living near this home have an average income of $64,786. Residents of Magnolia, TX typically earn between $35k-100k each year. The most common type of family is married, no kids. The majority of residents in this area have post secondary degree education.
How much money do the neighbors make?
20%
<35k
52%
35k-100k
25%
100k-200k
3%
200k+
What level of education do the neighbors have?
High School Diploma
Post Secondary Degree
Masters Degree
What types of families live nearby?
28%
Single, No Kids
10%
Single, with Kids
34%
Married, No Kids
28%
Married, with Kids
Are the neighbors home owners or renters?
Home Owners
Renters
How old are people in this area?
16%
<11 yrs old
10%
12-17 yrs old
17%
18-34 yrs old
47%
35-64 yrs old
10%
65+ yrs old
What do the neighbors do for fun?
Hunting
NASCAR
Monster Trucks
Where do the neighbors shop?
Dick's Sporting Goods
Dillards
Wal-Mart
Where do the neighbors go to eat?
Texas Roadhouse
Cracker Barrel
Hardee's
What do the neighbors drive?
Subaru
Cadillac
Ram
What do the neighbors listen to?
New Country
News/Talk/Information
Classic Country
All data provided by Home Junction and Claritas
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Frequently asked questions
About 40029 Mill Creek Rd
The listing price of 40029 Mill Creek Rd property is $1,000,000.
The property 40029 Mill Creek Rd is a house located in Magnolia, Texas, 77354.
Active Listing: 40029 Mill Creek Rd is For Sale (Active/New) which means the seller is accepting offers.
The nearby schools for 40029 Mill Creek Rd are: Williams Elementary School (GreatSchools Rating 6/10), Magnolia Elementary School (GreatSchools Rating 7/10), Magnolia Parkway Elementary School (GreatSchools Rating 5/10), Magnolia Junior High School (GreatSchools Rating 6/10), Oak Hills Junior High School (GreatSchools Rating 7/10), Bear Branch Junior High School (GreatSchools Rating 6/10), Magnolia High School (GreatSchools Rating 6/10), Alpha (GreatSchools Rating 3/10), Magnolia West High School (GreatSchools Rating 5/10).
According to the records, the last property tax for 2024 is $5,800 (source: MLS/based on county public records data).
The property at 40029 Mill Creek Rd has 3 bedrooms and 2 bathrooms.
The property 40029 Mill Creek Rd is 1,926 SqFt (source: MLS/tax record).
The year of construction for 40029 Mill Creek Rd is 2015.
This home is located at 40029 Mill Creek Rd in Magnolia, TX and zip code 77354. This 1,926 square foot home, which was built in 2015, sits on a 1.18 acre lot. Features: 3 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since May 14, 2025 and is currently priced at $1,000,000.
Magnolia, TX housing market in April 2025 saw over 16 listings sold above listed price, more than 28 sold at listed price and over 47 sold below. The inventory of homes for sale in Magnolia, TX between March and April 2025 increased by 20.4%. While the average time on the market in April 2025 was 65 days, the median list price was $360,215.
From Rocket Homes Real Estate and based on county public records data.