New students continue to enroll in Magnolia ISD each year.
For the 2026-27 school year, MISD is projected to grow 3.8% or 587 students districtwide. Comparing the first day of 2025 to the first day of 2026, the district has grown 459 new students. In the past five years, the district has increased enrollment by more than 2,250 students. The enrollment is projected to enroll nearly 20,000 students by 2030-31.
Strong Housing Market
Magnolia ISD has approximately 1,400 homes in active inventory, roughly 5,500 lots available to build on, and roughly 28,740 planned in the future.
Local growth means more money for schools, right?
Not necessarily.
People see new homes being built and property values grow and believe that public schools benefit from that growth. Unfortunately, property value growth does not benefit Magnolia ISD’s operating budget. In fact, under the current Texas school finance formulas, when property values increase, state funding actually decreases.
New students do generate some additional state funding but only based on good attendance.
The good news is property value growth does positively impact the interest and sinking or debt service side of the budget. Property value growth is one of the primary reasons we have not had to increase our debt service tax rate in the past three bonds elections (2015, 2022 and 2026), nor do we anticipate having to increase the tax rate for any bond elections in the near future.