For sale

$699,990

40203 Cimarron Way, Magnolia, TX 77354

4beds

3,243sqft

$4,895/mo

Get pre-qualified

Single Family Residence

Built in 1994

1.67 Acres Lot

$670,200 Zestimate^®

$216/sqft

$13/mo HOA

What's special

Linear fireplacePrivate covered balconyDesigner lighting throughoutWide-plank flooringTwo primary suitesFloating steel staircaseWaterfall quartz island

Fully reimagined modern farmhouse on 1.67 private acres in Cimarron Country, where horses are welcome. This 3,243 SF studs-out renovation delivers true new-construction quality: new roof, HVAC, electrical, plumbing, wide-plank flooring, and designer lighting throughout. Soaring 20-ft ceilings crown the kitchen and living room, anchored by a linear fireplace, floating steel staircase, and a waterfall quartz island with custom cabinetry and walk-in pantry. Two primary suites give this home rare flexibility: a first-floor primary with spa bath and custom walk-in closet with built-in drawers, plus a third-floor retreat with soaking tub, frameless glass shower, walk-in closet, and private covered balcony. Two secondary bedrooms up share a full bath, with utility room nearby. Refrigerator stays. Detached 3-4 car garage includes a finished bonus room, ideal for a gym, office, or workshop. Magnolia ISD, low tax rate, no MUD, and yes, one horse or cow is allowed.

35 days

521

44

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 4
Bathrooms: 4
Full bathrooms: 3
1/2 bathrooms: 1

Rooms

Room types: Quarters/Guest House, Utility Room

Primary bathroom

Features: Half Bath, Primary Bath: Double Sinks, Secondary Bath(s): Double Sinks, Secondary Bath(s): Tub/Shower Combo, Two Primary Baths

Kitchen

Features: Kitchen Island, Kitchen open to Family Room, Pantry, Soft Closing Cabinets, Soft Closing Drawers

Heating

Natural Gas

Cooling

Ceiling Fan(s), Electric

Appliances

Included: Water Heater, Disposal, Refrigerator, Gas Oven, Gas Range, Dishwasher
Laundry: Electric Dryer Hookup, Washer Hookup

Features

High Ceilings, Vaulted Ceiling, 2 Primary Bedrooms, En-Suite Bath, Primary Bed - 1st Floor, Primary Bed - 3rd Floor, Multilevel Bedroom, Walk-In Closet(s)
Flooring: Carpet, Tile, Vinyl
Number of fireplaces: 1
Fireplace features: Electric

Interior area

Total structure area: 3,243
Total interior livable area: 3,243 sqft

Property

Parking

Total spaces: 5
Parking features: Detached, Oversized, Tandem, Additional Parking, Extra Driveway, Attached Carport
Garage spaces: 3
Carport spaces: 2
Covered spaces: 5

Features

Levels: Split Level
Stories: 4
Patio & porch: Patio/Deck, Porch

Lot

Size: 1.67 Acres
Features: Back Yard, Subdivided, Wooded, 1 Up to 2 Acres

Details

Additional structures: Detached Gar Apt /Quarters
Parcel number: 74144

Construction

Type & style

Home type: SingleFamily
Architectural style: Contemporary,Traditional
Property subtype: Single Family Residence

Materials

Cement Siding
Foundation: Slab
Roof: Composition

Condition

New construction: No
Year built: 1994

Utilities & green energy

Sewer: Public Sewer
Water: Public

Green energy

Energy efficient items: Attic Vents, Thermostat

Community & HOA

Community

Subdivision: Cimarron Country

HOA

Has HOA: Yes
HOA fee: $150 annually

Location

Region: Magnolia

Financial & listing details

Price per square foot: $216/sqft
Tax assessed value: $478,315
Annual tax amount: $6,365
Date on market: 7/13/2026
Listing terms: Cash,Conventional
Road surface type: Concrete

Estimated market value

$670,200

$637,000 - $704,000

$3,472/mo

Price history

Date	Event	Price
7/13/2026	Listed for sale	$699,990-6.7%$216/sqft
Source: HAR #79584175 Report a problem
7/12/2026	Listing removed	$749,990$231/sqft
Source: HAR #63643165 Report a problem
6/4/2026	Listed for sale	$749,990$231/sqft
Source: HAR #63643165 Report a problem
10/8/2025	Sold	--
Source: Agent Provided Report a problem

Public tax history

Year	Property taxes	Tax assessment
2025	$4,647 +1.7%	$402,627 +10%
2024	$4,570 +14.8%	$366,025 +10%
2023	$3,982	$332,750 +0.8%
2022	--	$330,000 +20%
2021	$4,553	$275,000 -13.6%
2020	--	$318,230 +10%
2019	$5,229 -14.6%	$289,300 -0.1%
2018	$6,120 +48.6%	$289,490 +2.7%
2017	$4,117 -2.2%	$281,940 +0.7%
2016	$4,208 -1.8%	$280,010 +10%
2015	$4,287	$254,550 +10%
2014	$4,287	$231,410 +10%
2013	--	$210,370
2012	--	$210,370
2011	--	$210,370
2010	--	$210,370 -8.7%
2009	--	$230,450 +21%
2008	--	$190,410 +10%
2007	--	$173,100 +4.5%
2006	--	$165,570
2005	--	$165,570 +8.4%
2004	--	$152,790
2003	--	$152,790
2002	--	$152,790 -2%
2001	--	$155,840