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    40499 Community Rd Magnolia, TX 77354

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    For Sale
    $1,599,990

    Almost 6 unrestricted acres with endless potential in Magnolia, Texas.

    Lot size:
    6.00 Acres

    Property Features for 40499 Community Rd

    General Information

    Lot size
    6.00 Acres

    Building Details

    Year built
    2015

    Source: 7th Generation Realty Agent Shawn Speer

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Unrestricted Land in Booming Magnolia

    Located on almost 6 unrestricted acres in the growing Magnolia area, this property offers space and freedom. The property is situated in one of the fastest-growing corridors in Montgomery County, minutes from thoroughfares, shopping, dining, and the upcoming Magnolia Town Center Expansion. The land is zoned to Magnolia ISD and is located minutes from The Woodlands, Tomball, and Hwy 249. The property offers a foundation for renovation, expansion, or new construction. With no HOA restrictions, development of the land is open to workshops, guest houses, gardens, or even a small business. The property includes 2 flat, usable acres that are cleared. There is room for horses or additional structures.
    Location Intelligence

    Current Use by Public Records

    Farms

    Suggested Use

    Restaurant Realty agency Building Supply Spa & Massage Dental Office Auto Repair Shop Hair Salon Clothing Store Nail Salon Gym & Fitness

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Magnolia
    County
    Montgomery
    State
    Texas
    Longitude
    -95.671817
    Latitude
    30.223742

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    FAQs

    What type of property is this?
    Farm - Almost 6 unrestricted acres with endless potential in Magnolia, Texas.
    Where is this farm located?
    The property is located at 40499 Community Rd Magnolia, TX.
    What is the asking price?
    The asking price for this property is $1,599,990.
    What are key features of this property?
    This property features: - Unrestricted 6-acre property offering freedom and potential.; - Excellent location in booming Magnolia, close to amenities and major thoroughfares.; - Two flat, usable acres cleared and ready for development.
    (713) 249-8196
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    40499 Community Rd Magnolia, TX 77354
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