$1,199,999

4 beds3.5 baths3,102 sqft

Roughly $6,818/mo at 20% down, 6.5% over 30 years, including tax. That is 212% above the $384,990 median across 904 homes for sale in Magnolia.

40498 Community Rd Road, Magnolia, TX

Jay, the GotNest home assistant

What Jay sees in the photos of 40498 Community Rd Road

Written by Jay from this home’s 33 listing photos

This two-story, turnkey farmhouse features fiber cement exterior board and batten siding, a shingle roof, and professional landscaping on an oversized lot with mature trees, green space, and a view of trees. Outside, the property includes a resort-style pool with in-water loungers and a tanning ledge, a raised built-in spa, a large yard, a covered outdoor patio, and a summer kitchen. Inside, the modern open floor plan offers abundant natural light, very high two-story ceilings, light wood hardwood floors, white walls, carpet, tile, built-ins, a fireplace, a home office, and a gym. The modern kitchen is equipped with white custom cabinets, white quartz and marble counters, an island, a breakfast bar, stainless appliances, a gas range, a wine fridge, a farmhouse sink, and a walk-in pantry with a built-in coffee bar and second microwave, while the primary bath features white countertops, a double vanity, a soaking freestanding tub, and a walk-in shower.

Style
Modern
Ceilings
Very high
Kitchen cabinets
White
Countertops
White
Living area floor
Light wood
Living area walls
White
Outdoor kitchen
Yes
Room for a pool
Yes

Facts and features

Built in
2015
HOA
$—
Property tax
$9,000/yr
Price per sqft
$387/sqft

Risk factor

No known risk factors reported for this home.

Features

  • Attached
  • Garage
  • Gas
  • Wood burning
  • Cleared
  • Wooded

Local information

Magnolia

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Schools

  • MAGNOLIA PARKWAY ELEMENTARY SCHOOLElementary · Magnolia
  • MAGNOLIA PARKWAY JUNIOR HIGHMiddle · Magnolia
  • MAGNOLIA HIGH SCHOOLHigh · Magnolia

Price history

Jun 12, 2026Listed for sale$1,200,000

Common questions about this home

How much does 40498 Community Rd Road cost?

40498 Community Rd Road, Magnolia, TX is listed at $1,199,999, or about $387 per square foot.

How big is 40498 Community Rd Road?

This home has 4 bedrooms and 3.5 bathrooms across 3,102 square feet, and was built in 2015.

What are the taxes and HOA fees for 40498 Community Rd Road?

Property tax is $9,000 per year.

What schools serve 40498 Community Rd Road?

40498 Community Rd Road, Magnolia, TX is served by MAGNOLIA PARKWAY ELEMENTARY SCHOOL (Elementary), MAGNOLIA PARKWAY JUNIOR HIGH (Middle), MAGNOLIA HIGH SCHOOL (High). The home is zoned to the Magnolia school district.

Has the price of 40498 Community Rd Road changed?

This listing has 1 recorded price event. It was first listed at $1,200,000 on Jun 12, 2026, and is now listed at $1,199,999. The full history is shown above.

How much a month is 40498 Community Rd Road?

At 20% down on a 6.5% 30-year fixed rate, principal and interest on 40498 Community Rd Road, Magnolia, TX come to about $6,068 a month. Adding property tax of about $750 brings the estimate to about $6,818 a month. Insurance is not included.

Is 40498 Community Rd Road priced above or below the Magnolia median?

$1,199,999 is about 212% above the $384,990 median list price across the 904 homes for sale in Magnolia, TX. The comparable homes below run $648,000 to $739,000.

Is 40498 Community Rd Road still available?

Yes — 40498 Community Rd Road, Magnolia, TX is currently listed for sale on GotNest.

Listed by Shawn Speer · 7th Generation Realty · MLS #TREC#0592162 · Source: HAR

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