$342,115
40602 Mill Creek Rd, Magnolia, TX, 77354
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Beautifully updated home in Magnolia on one acre. This is NOT a manufactured home, it is on a pier and beam foundation. Completely remodeled (gutted down to the studs and subfloors) in 2017-2018 with new plumbing, electrical, new kitchen, flooring, bathrooms, windows, and so much more. See List of Improvements for more details. Most recent additions include a back deck (2020) and front porch (2019). Roof replaced in 2020. Freshly painted in July 2024. Enclosed bottom of home in 2023-2024. Pride of ownership shines through in every detail of this charming property!
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Learn About the Market: Opportunity in Texas




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Texas
Living in Texas means access to four of the nation’s most dynamic metro economies — Dallas–Fort Worth’s corporate and logistics powerhouse, Houston’s global energy and medical hub, Austin’s tech-driven and culturally iconic Live Music Capital of the World, and San Antonio’s historic yet steadily expanding military and healthcare center. The state blends economic scale with cultural significance, rooted in independence, entrepreneurship, and a strong sense of place — from Friday night football to world-renowned barbecue and music festivals. For homebuyers, Texas offers comparatively attainable housing, no personal income tax, and master-planned communities built around space and convenience; for investors, continued population growth, business relocation, and diversified industries create sustained demand across urban cores, suburbs, and emerging secondary markets.
Population Growth
~1.3% annually
Net Migration
Positive
Median Home Price
$283,800
Unemployment Rate
4.3%
Price Trend
Flat
New Permits
158,121
City: Magnolia
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