Pending

Price cut: $23K (5/8)

$575,000

40207 Cimarron Way, Magnolia, TX 77354

3beds

2,431sqft

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Single Family Residence

Built in 2005

1.39 Acres Lot

$552,700 Zestimate^®

$237/sqft

$13/mo HOA

What's special

332 days

62

1

Facts & features

Interior

Bedrooms & bathrooms

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

Heating

Natural Gas

Cooling

Electric

Features

Number of fireplaces: 1

Interior area

Total structure area: 2,431
Total interior livable area: 2,431 sqft

Property

Parking

Total spaces: 2
Parking features: Attached
Attached garage spaces: 2

Features

Stories: 1

Lot

Size: 1.39 Acres
Features: Other, 1 Up to 2 Acres

Details

Additional parcels included: 34100015400
Parcel number: 74143

Construction

Type & style

Home type: SingleFamily
Architectural style: Other
Property subtype: Single Family Residence

Materials

Brick
Foundation: Slab
Roof: Other

Condition

New construction: No
Year built: 2005

Utilities & green energy

Sewer: Aerobic Septic, Other
Water: Other

Community & HOA

Community

Subdivision: Cimarron Country

HOA

Has HOA: Yes
HOA fee: $150 annually

Location

Region: Magnolia

Financial & listing details

Price per square foot: $237/sqft
Tax assessed value: $529,358
Annual tax amount: $8,007
Date on market: 8/5/2025
Listing terms: Cash,Conventional,FHA,VA Loan

Estimated market value

$552,700

$525,000 - $580,000

$2,359/mo

Price history

Date	Event	Price
6/1/2026	Pending sale	$575,000$237/sqft
Source: BCSMLS #25008176 Report a problem
5/8/2026	Price change	$575,000-3.8%$237/sqft
Source: BCSMLS #25008176 Report a problem
3/19/2026	Price change	$598,000-0.2%$246/sqft
Source: BCSMLS #25008176 Report a problem
2/23/2026	Listed for sale	$599,000$246/sqft
Source: HAR #35217878 Report a problem
2/10/2026	Pending sale	$599,000$246/sqft
Source: BCSMLS #25008176 Report a problem
2/2/2026	Price change	$599,000-1.6%$246/sqft
Source: BCSMLS #25008176 Report a problem
8/25/2025	Price change	$609,000-1.8%$251/sqft
Source: BCSMLS #25008176 Report a problem
8/5/2025	Listed for sale	$620,000$255/sqft
Source: BCSMLS #25008176 Report a problem

Public tax history

Year	Property taxes	Tax assessment
2025	$6,532 -2.4%	$529,358 +4.7%
2024	$6,692 +14%	$505,780 +10%
2023	$5,870	$459,800 +0.8%
2022	--	$456,000 +15.5%
2021	$6,667 +4.1%	$394,680 +9.9%
2020	$6,404 +1.7%	$359,000 +4.1%
2019	$6,300 -1.3%	$345,000 +2.9%
2018	$6,384 -0.1%	$335,250 +0.2%
2017	$6,388 +4.7%	$334,630 +10%
2016	$6,101 +17.8%	$304,210 +10%
2015	$5,178	$276,550 +10%
2014	$5,178	$251,410 +10%
2013	--	$228,550
2012	--	$228,550
2011	--	$228,550
2010	--	$228,550 -15.2%
2009	--	$269,500
2008	--	$269,500 +29%
2007	--	$208,900 +4.8%
2006	--	$199,250 +35.8%
2005	--	$146,770 +503.2%
2004	--	$24,330
2003	--	$24,330
2002	--	$24,330 +75%
2001	--	$13,900

Find assessor info on the county website

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HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.

Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.

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