$7,184 Closing Credit¹
#84429716, Holly Fanning, Listing Office: Fanning Realty and Company LLC
$614,990 List price
40858 Community Rd Magnolia, TX 77354
$7,303
Closing credit¹
4 beds
3 full, 1 partial
2,898 sqft
$212 / sqft
House
Property details
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!
Highlights
Home typeSingle Family Residence
HeatingCentral, Natural Gas
StatusActive
CoolingCentral Air, Electric
Size2,898 sqft
Year builtNew Const., 2024
ParkingAttached, Garage
MLS #4184189
Attached garage2 spaces
FireplaceGas, Wood Burning
Summary
- Partial Bathrooms: 1
- Full Bathrooms: 3
- 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
- Total Bedroom Count: 4
- Garage Space: 2 spaces
- Attached Garage: Yes
- Private Pool: No
- Parking: Attached, Garage
- Architectural Style: Traditional
- Heating: Central, Natural Gas
- Cooling: Central Air, Electric
- List Price: $614,990
- Price/SqFt: $212
- HOA Amount: $550 Annually
- Annual Tax Amount: $989
- Tax Year: 2024
- Lot: Cul-De-Sac, Subdivision
- Directions: From I-45N take the FM 1488 exit and travel west for 14 miles. Turn right on Community Rd and follow to 12607 Damuth Ct. Our model is on the left.
- Year Built: 2024
- Stories: 2
- Living Area: 2,898 SqFt
- MLS Number: 4184189
- MLS Name: HAR
- Office Name: 7th Generation Realty
- Office Phone: (713) 249-8196
- Office Email: shawn@harrisburgtx.com
- Listing Agent: Shawn Speer
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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Last updated on: 5/23/2025, 1:20:32 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
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$614,990
40858 Community Rd
$7,303
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 | $65,450 | $989 |
| 2023 | $62,650 | $1,105 |
| 2022 | $62,650 | $1,105 |
| 2021 | $29,590 | $583 |
| 2020 | $29,590 | $598 |
| 2019 | $29,590 | $625 |
| 2017 | $47,200 | $1,000 |
History based on county public records data.
Nearby schools
5
Magnolia Parkway Elementary School
Public District PK-4
1.5 mi
•11745 FM 1488 Rd
8
Bear Branch Elementary School
Public District PK-4
4.2 mi
•8909 FM 1488 Rd
6
Williams Elementary School
Public District PK-4
5.0 mi
•18101 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 $99,247. Typical income of Magnolia, TX residents is between $100k-200k annually. Typical family type is married, no kids. The majority of residents in this area have post secondary degree education.
How much money do the neighbors make?
16%
<35k
35%
35k-100k
40%
100k-200k
9%
200k+
What level of education do the neighbors have?
High School Diploma
Post Secondary Degree
What types of families live nearby?
17%
Single, No Kids
7%
Single, with Kids
38%
Married, No Kids
38%
Married, with Kids
Are the neighbors home owners or renters?
Home Owners
Renters
How old are people in this area?
18%
<11 yrs old
11%
12-17 yrs old
15%
18-34 yrs old
45%
35-64 yrs old
11%
65+ yrs old
What do the neighbors do for fun?
Hunting
NASCAR
Figure Skating
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 40858 Community Rd
The listing price of 40858 Community Rd property is $614,990.
The property 40858 Community Rd is a house located in Magnolia, Texas, 77354.
Active Listing: 40858 Community Rd is For Sale (Active/New) which means the seller is accepting offers.
The nearby schools for 40858 Community Rd are: Magnolia Parkway Elementary School (GreatSchools Rating 5/10), Bear Branch Elementary School (GreatSchools Rating 8/10), Williams Elementary School (GreatSchools Rating 6/10), Bear Branch Junior High School (GreatSchools Rating 6/10), Magnolia Junior High School (GreatSchools Rating 6/10), Oak Hills Junior High School (GreatSchools Rating 7/10), 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 $989 (source: MLS/based on county public records data).
The property at 40858 Community Rd has 4 bedrooms and 3 full and 1 half bathrooms.
The property 40858 Community Rd is 2,898 SqFt (source: MLS/tax record).
The year of construction for 40858 Community Rd is 2024.
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 9, 2024 and is currently priced at $614,990.
While more than 16 listings in Magnolia, TX in April 2025 were sold above asking price, there were more than 28 listings sold at asking price, and more than 47 were sold below. The number of homes for sale in Magnolia, TX increased by 20.4% between March and April 2025. In April 2025 median list price was $360,215 and the average listing age was 65 days.
From Rocket Homes Real Estate and based on county public records data.