Welcome to 40015 Gable Circle, a rare 5-acre property in Magnolia offering exceptional privacy, flexibility, and potential. Deed restrictions allow the property to be divided into two parcels, creating numerous opportunities. Renovate the existing home, build a new home on the left 2.5 acres, start completely from scratch, or create a multi-home or guest-home compound—the options are extensive. As you arrive, you’re welcomed by a peaceful, tree-lined environment that feels tucked away while still being conveniently close to everything. Just minutes from Highway 249 (Aggie Expressway), FM 1488, and FM 1774, the location provides easy access to The Woodlands, Tomball, and Conroe. Nearby, enjoy the charm of Magnolia Stroll, along with local parks, shops, and restaurants that give the area its warm, small-town appeal. The owner is willing to split the property and sell 2.5 acres with the home.
Sold
Price Unknown
40015 Gable Circle, Magnolia, TX 77354
3beds
1,676sqft
Single Family Residence
Built in 1994
5 Acres Lot
$530,400 Zestimate®
$--/sqft
$1,813 Estimated rent
Home value
$530,400
$499,000 - $562,000
$1,813/mo
Zestimate® history
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$120/mo
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Zillow last checked:
Listing updated:
Listed by:
Yolanda Hardee,
eXp Realty, LLC,
Christopher Hardee Jr.,
eXp Realty, LLC
Bought with:
Creek Realty
Source: eXp Realty,MLS#: 7902382
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 2
- Full bathrooms: 2
Heating
- Electric, Other
Cooling
- Electric, Other
Features
- All Bedrooms Down, Primary Bed - 1st Floor
- Flooring: Tile
- Number of fireplaces: 1
Interior area
- Total structure area: 1,676
- Total interior livable area: 1,676 sqft
Property
Features
- Stories: 1
Lot
- Size: 5 Acres
- Features: Subdivided, Wooded, 2 Up to 5 Acres
Details
- Parcel number: 115315
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Traditional
- Property subtype: Single Family Residence
Materials
- Brick
- Foundation: Slab
- Roof: Composition
Condition
- New construction: No
- Year built: 1994
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Community & neighborhood
Location
- Region: Magnolia
- Subdivision: Lake Creek Ranchettes 7
HOA & financial
HOA
- Has HOA: Yes
- HOA fee: $120 annually
- Association phone: 936-521-6900
Other
Other facts
- Listing terms: Cash,Conventional,FHA,VA Loan
Price history
| Date | Event | Price |
|---|---|---|
| 4/29/2026 | Sold | -- |
Source: eXp Realty #194092079 Report a problem | ||
| 3/20/2026 | Pending sale | $565,000+41.6%$337/sqft |
Source:  HAR #7902382 Report a problem | ||
| 2/27/2026 | Price change | $399,000-29.4%$238/sqft |
Source: HAR #50026951 Report a problem | ||
| 2/26/2026 | Price change | $565,000-8.1%$337/sqft |
Source: HAR #7902382 Report a problem | ||
| 2/11/2026 | Price change | $615,000-5.4%$367/sqft |
Source: HAR #7902382 Report a problem | ||
| 1/17/2026 | Price change | $650,000-5.1%$388/sqft |
Source: HAR #7902382 Report a problem | ||
| 1/8/2026 | Price change | $685,000+57.5%$409/sqft |
Source: HAR #7902382 Report a problem | ||
| 12/8/2025 | Price change | $435,000-6.5%$260/sqft |
Source: HAR #7902382 Report a problem | ||
| 11/12/2025 | Listed for sale | $465,000$277/sqft |
Source: HAR #7902382 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $8,651 -0.1% | $547,250 +2% |
| 2024 | $8,658 +193.4% | $536,712 +48.6% |
| 2023 | $2,951 | $361,130 +0.8% |
| 2022 | -- | $358,140 +20% |
| 2021 | $4,369 +0.7% | $298,450 +10% |
| 2020 | $4,337 -12.3% | $271,320 -1.1% |
| 2019 | $4,943 +73.3% | $274,420 +72.1% |
| 2018 | $2,853 +11% | $159,470 +10% |
| 2017 | $2,569 +5.1% | $144,970 +10% |
| 2016 | $2,444 -5.4% | $131,790 +10% |
| 2015 | $2,584 | $119,810 -8.2% |
| 2014 | $2,584 | $130,470 +10% |
| 2013 | -- | $118,610 +10% |
| 2012 | -- | $107,830 +10% |
| 2011 | -- | $98,030 +10% |
| 2010 | -- | $89,120 +10% |
| 2009 | -- | $81,020 +10% |
| 2008 | -- | $73,650 +1.8% |
| 2007 | -- | $72,330 |
| 2006 | -- | $72,330 +30.7% |
| 2005 | -- | $55,330 |
| 2004 | -- | $55,330 |
| 2003 | -- | $55,330 |
| 2002 | -- | $55,330 |
| 2001 | -- | $55,330 |
Find assessor info on the county website
Neighborhood: 77354
Nearby schools
GreatSchools rating
- 7/10Magnolia Parkway Elementary SchoolGrades: PK-4Distance: 0.6 mi
- 7/10Bear Branch Junior High SchoolGrades: 7-8Distance: 5 mi
- 7/10Magnolia High SchoolGrades: 9-12Distance: 1.7 mi
Schools provided by the listing agent
- Elementary: Magnolia Parkway Elementary School
- Middle: Magnolia Parkway Junior High
- High: Magnolia High School
Source: eXp Realty. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
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Estimated market value
$530,400
Get a cash offer in 3 minutes
Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
Estimated market value
$530,400
- Texas
- Montgomery County
- Magnolia
- 77354
- 40015 Gable Circle
Nearby cities
Nearby zip codes
Other Magnolia Topics
