Q.Leaves On My Magnolia Are Much Smaller Than They Used To Be
My magnolia tree is about 30 year old, in the SW part of our yard in San Antonio, Texas. Instead of measuring about 6″ long, they are now about 3-4″.

Certified GKH Gardening Expert
There are several possibilities. You may want to examine some of the leaves and branches to determine whether you have an infestation or fungus, but it's also possible there could be trouble at the root level. Have you had more rain than usual in your area? Perhaps your tree simply needs a good pruning, given its advanced age. Our best recommendation is to consult with a certified arborist to get to the bottom of this. Here are a couple articles that may be helpful:
https://www.gardeningknowhow.com/ornamental/trees/magnolia/pruning-magnolia-trees.htmhttps://www.gardeningknowhow.com/ornamental/trees/magnolia/sweetbay-magnolia-diseases.htm