LKV Realty
Logo
$299,990
$1,400Reward *
40496 Community Road, Magnolia, TX 77354Listing ID 85143886

40496 Community Road, Magnolia, TX 77354

Active
Mostyn Manor
Time on site: 54 daysLast updated: Jun 18, 2026
Property Type
Property Type
Land
Property Sub Type
Property Sub Type
-
Acres
Acres
1.77
Days on Site
Days on Site
54

Welcome Home to your Private Piece of Texas Paradise! Nestled on almost 2 unrestricted acres in the booming Magnolia area, this property offers space, freedom, and endless potential. NO DEED RESTRICTIONS! Located in one of the fastest-growing corridors in Montgomery County, you're just minutes from Major Thoroughfares, Shopping, Dining, and the Upcoming Magnolia Town Center Expansion — yet far enough to enjoy peace and privacy. Literally Minutes to HEB and FM 1488 With no HOA restrictions, you have the freedom to develop the land your way — think house, workshop, agriculture, horses, or even a small business. Key Highlights Include: Almost 2 flat, usable acres (wooded and ready for possibilities), Excellent location with tons of future growth, Room for horses, toys, or additional structures Zoned to Magnolia ISD and Minutes from The Woodlands, Tomball, and Hwy 249 Don’t wait — land like this is going fast in Magnolia!

Property Information

Property Details

Location

Address
40496 Community Road
County
Montgomery
City
Magnolia
Zip Code
77354
Subdivision
Mostyn Manor
School District
36 - Magnolia
High School
MAGNOLIA HIGH SCHOOL
Elementary School
MAGNOLIA PARKWAY ELEMENTARY SCHOOL
MLS Area
15

Property Taxes

Tax Annual Amount
$1,116
Tax Year
2025
7th Generation Realty, (713) 249-8196

Market Report for 77354

* The market data shown is based on available information from Multiple Listing Service (MLS) and/or public records. Data provided is for informational and educational purposes only and may not represent the full housing market. For more accurate information, consumers should consult a certified appraiser or licensed real estate agent.

*Average of $2,150 in rewards is calculated based on the purchase or sale of a home between $400,000 to $449,000. The median home price for all housing types is in the United States is $405,400 as of 2025 as reported by the National Association of Realtors® (NAR). The actual reward amount may vary depending on the purchase or sales price of the home. Please see the Lakeview Home Rewards program terms and conditions for more details. The National Association of Realtors® is a registered trademark of the National Association of Realtors®.

Source: Houston REALTORS® Information Services, Inc.
Houston REALTORS® Information Services, Inc. logo

IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Copyright © 2026 Houston Realtors Information Services, Inc. All information provided should be independently verified.

For corrections to this data please contact Brytecore MLS Support.

WSpeer