40323 Community Road, Magnolia, TX 77354

Local realty services provided by:Better Homes and Gardens Real Estate Gary Greene
40323 Community Road,Magnolia, TX 77354
$920,000
  • 3 Beds
  • 3 Baths
  • 3,105 sq. ft.
  • Single family
  • Active
Upcoming open houses
  • Sat, Apr 04
    10:00 am - 02:00 pm
Listed by: jennifer sims
Office: realty one group iconic
MLS#:75466837
Source:HARMLS

Price summary

  • Price:$920,000
  • Price per sq. ft.:$296.3

About this home

Set on 2.39 unrestricted private acres, this fully renovated 1957 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.

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Home facts

  • Year built:1957
  • Listing ID #:75466837
  • Updated:April 03, 2026 at 12:12 AM

Rooms and interior

  • Bedrooms:3
  • Total bathrooms:3
  • Full bathrooms:3
  • Rooms Total:8
  • Flooring:Carpet, Tile, Wood
  • Dining Description:Kitchen Dining Combo, Living Dining Room
  • Bathrooms Description:Soaking Tub, Tub Shower
  • Kitchen Description:Breakfast Bar, Dishwasher, Electric Cooktop, Electric Oven, Kitchen Dining Combo, Kitchen Family Room Combo, Kitchen Island, Microwave, Pantry
  • Living area:3,105 sq. ft.

Heating and cooling

  • Cooling:Central Air, Electric
  • Heating:Central, Electric
  • Central air:Yes

Structure and exterior

  • Roof:Composition
  • Year built:1957
  • Building area:3,105 sq. ft.
  • Lot area:2.39 Acres
  • Lot Features:Side Yard, Wooded
  • Architectural Style:Ranch
  • Construction Materials:Cement Siding, Stone
  • Exterior Features:Fully Fenced, Patio, Porch, Private Yard, Sprinkler Irrigation, Storage
  • Foundation Description:Pillar Post Pier, Slab
  • Levels:1 Story

Schools

  • High school:MAGNOLIA HIGH SCHOOL
  • Middle school:MAGNOLIA PARKWAY JUNIOR HIGH
  • Elementary school:MAGNOLIA PARKWAY ELEMENTARY SCHOOL

Utilities

  • Water:Well
  • Sewer:Aerobic Septic

Finances and disclosures

  • Price:$920,000
  • Price per sq. ft.:$296.3
  • Tax amount:$6,043 (2025)

Features and amenities

  • Appliances:Dishwasher, Electric Cooktop, Electric Oven, Microwave
  • Amenities:Ceiling Fans, Security Gate, Smoke Detectors, Vaulted Ceilings, Window Coverings

Parking

  • Parking description:Electric Gate
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