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For sale
  • Price cut: $41K (1/15)
    $455,000

    40206 Colfax Rd, Magnolia, TX 77354

    3beds
    2,222sqft
    : 
    Single Family Residence
    Built in 1994
    2.35 Acres Lot
    $440,900 Zestimate®
    $205/sqft
    $13/mo HOA

    What's special

    Spacious floor planUpgraded features
    Continently located, in a distinctive acreage community, is your beautiful home sitting on a private 2.35 acre lot! Inside you are greeted with a spacious floor plan, upgraded features, and panoramic views of rich natural lighting. Outside you have plenty of space to garden and play, with a creek that runs through the side of the property adding adventure and uniqueness. Offering a perfect balance of privacy and comfort, you must see this home for yourself! Magnolia ISD, No MUD, Low tax rate and Minimal maintenance fees! Schedule your appointment today!
    58 days
    |
    3,043
    |
    133
    |

    Likely to sell faster than

    Zillow last checked: 8 hours ago

    Listing updated: February 27, 2026 at 03:24pm

    Listed by:

    Jessica Erwin TREC #0741522 281-475-3194,

    JLA Realty

    Source: HAR,MLS#: 48905120MLS Logo

    Tour with a local agent

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 3
    • Bathrooms: 3
    • Full bathrooms: 3
    Heating
    • Natural Gas
    Cooling
    • Electric
    Features
    • En-Suite Bath, Walk-In Closet(s)
    • Number of fireplaces: 1
    • Fireplace features: Wood Burning
    Interior area
    • Total structure area: 2,222
    • Total interior livable area: 2,222 sqft

    Property

    Parking
    • Total spaces: 2
    • Parking features: Detached, Oversized
    • Garage spaces: 2
    Features
    • Stories: 2
    Lot
    • Size: 2.35 Acres
    • Features: Subdivided, 2 Up to 5 Acres
    Details
    • Parcel number: 34100025900

    Construction

    Type & style
    • Home type: SingleFamily
    • Architectural style: Traditional
    • Property subtype: Single Family Residence
    Materials
    • Brick, Wood Siding
    • Foundation: Slab
    • Roof: Wood
    Condition
    • New construction: No
    • Year built: 1994

    Utilities & green energy

    • Sewer: Septic Tank
    • Water: Public

    Community & HOA

    Community
    • Subdivision: Cimarron Country
    HOA
    • Has HOA: Yes
    • HOA fee: $150 annually
    Location
    • Region: Magnolia

    Financial & listing details

    • Price per square foot: $205/sqft
    • Tax assessed value: $504,877
    • Annual tax amount: $6,911
    • Date on market: 1/1/2026
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    Estimated market value

    $440,900

    $419,000 - $463,000

    $2,921/mo

    Price history

    Price history
    DateEventPrice
    1/15/2026Price change$455,000-8.3%$205/sqft
    Source: HAR #48905120 Report a problem
    10/1/2025Price change$496,000-4.6%$223/sqft
    Source: HAR #84140819 Report a problem
    8/21/2025Price change$520,000-6.3%$234/sqft
    Source: HAR #84140819 Report a problem
    7/8/2025Price change$554,900-11.9%$250/sqft
    Source: HAR #29631564 Report a problem
    7/1/2025Price change$630,000-3.1%$284/sqft
    Source: HAR #91092924 Report a problem
    5/16/2025Listed for sale$650,000+116.7%$293/sqft
    Source: HAR #91092924 Report a problem
    3/30/2016Listing removed$300,000$135/sqft
    Source: Keller Williams - The Woodlands #54113496 Report a problem
    2/15/2016Pending sale$300,000$135/sqft
    Source: Keller Williams - The Woodlands #54113496 Report a problem
    1/22/2016Price change$300,000-7.7%$135/sqft
    Source: Keller Williams - The Woodlands #54113496 Report a problem
    11/9/2015Listed for sale$325,000$146/sqft
    Source: Keller Williams Realty The Woodlands #54113496 Report a problem

    Public tax history

    Public tax history
    YearProperty taxesTax assessment
    2025$2,686 -22.9%$480,201 +10%
    2024$3,484 +1%$436,546 +10%
    2023$3,448 $396,860 +0.8%
    2022-- $393,580 +20%
    2021$4,795 -24%$327,980 +2.6%
    2020$6,305 +7.3%$319,710 +10.1%
    2019$5,879 -2.7%$290,490 +1.7%
    2018$6,040 +3.9%$285,740 +4.2%
    2017$5,816 +6.3%$274,300 -0.1%
    2016$5,472 +17.6%$274,560 +10%
    2015$4,653 $249,600 +10%
    2014$4,653 $226,910 +10%
    2013-- $206,280
    2012-- $206,280
    2011-- $206,280
    2010-- $206,280 -8.5%
    2009-- $225,350 +10%
    2008-- $204,860 +10%
    2007-- $186,240 +4.4%
    2006-- $178,440
    2005-- $178,440
    2004-- $178,440
    2003-- $178,440
    2002-- $178,440 -1.1%
    2001-- $180,400

    Find assessor info on the county website

    BuyAbility℠ payment

    Est. payment
    $2,782/mo
    Principal & interest
    $2147
    Property taxes
    $622
    HOA Fees
    $13

      Climate risks

      Neighborhood: 77354

      Getting around

      0 / 100
      Car-Dependent
      14 / 100
      Somewhat Bikeable

      Nearby schools

      GreatSchools rating
      Schools provided by the listing agent
      • Elementary: Bear Branch Elementary School (Magnolia)
      • Middle: Bear Branch Junior High School
      • High: Magnolia High School

      Source: HAR. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

      Local experts in 77354

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