5 months on rocket

3901 Magnolia Pkwy, Pearland, TX, 77584

$2,193,028

10.07 Acres
Land

Location

Image provided by Mapbox

Property Highlights

Home TypeOther
MLS #60947456
Lot Size10.07 Acres
StatusActive

About 3901 Magnolia Pkwy

This 10.07-acre commercial property offers over 900 feet of frontage in a rapidly growing area of Brazoria County, zoned for both light and heavy industrial use. According to the seller, the property is outside the flood plain and offset detention is required. Equipped with all city utilities, including water and sewer provided by the City of Pearland, it is ideal for families, business owners, and entertainers. The projected population within a 3-mile radius is expected to reach 84,483 by 2023, reflecting a 13.42% growth over five years. With quick access to Beltway 8, Highway 288, and Interstate 35, the property ensures easy connectivity to the Texas Medical Center, the Galleria, downtown Houston, and Hobby Airport. Nearby, the Pearland Town Center features a 700,000 square foot open-air mall with major retailers, and Magnolia Pkwy, a 4-lane boulevard, offers a convenient alternative to the congested FM 518. This is a unique opportunity for commercial development in a prime location.

Property Details

Property Features

Property Information:

  • Architectural Style: Patio Home

Listing Office:

  • Office Name: Better Homes and Gardens Real Estate Gary Greene - Bay Area
  • Office Phone: (281) 486-1900
  • Listing Agent: Shane Bergeson

Lot Features

Lot Information:

  • Lot: Other
  • Lot Size: 10.07 Acres

Other

Directions Information:

  • Directions: From 288, turn RIGHT onto Bailey Avenue, turn LEFT onto I-35, Turn LEFT onto Magnolia Parkway.

Price Information

Listing Price Info

Price Summary:

  • List Price: $2,193,028

Tax Information:

  • Annual Amount: $2,061
  • Tax Year: 2020
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Housing Market Comparison

See how this home compares to others in Pearland, TX.

Med. Sold Price

$373.4K

Med. Price/SqFt

$160

Avg. Days On Market

31

# of Sold Homes

112

3901 Magnolia Pkwy vs Pearland

162 DAYS ON ROCKET

+131 Days

$2,193,028

+$1.8M More

KEY TAKEAWAY

This property is $1.8M more than the Median Sold Price in Pearland, TX.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: HAR
  • MLS Number: #60947456

Listing Office:

  • Office Name: Better Homes and Gardens Real Estate Gary Greene - Bay Area
  • Office Phone: (281) 486-1900
  • Listing Agent: Shane Bergeson

Broker ReciprocityDisclaimer: The MLS data is provided exclusively to Participants or Subscribers for display on their website solely for consumers’ personal, non-commercial use, that the MLS data may not be used for any purpose other than to display prospective properties consumers may be interested in purchasing or leasing. Information contained on the computer print-outs of the Multiple Listing Service (MLS) of the HOUSTON REALTORS® INFORMATION SERVICE (HRIS) is furnished by MLS Participants for dissemination to other MLS Participants, for their exclusive use, and should not be relied upon by Buyer/Tenant or any other person. There is no express or implied warranty by HRIS or MLS as to the accuracy of such information, which should be independently verified by Buyer/Tenant or such other person. MLS does not verify the information and disclaims any responsibility for its accuracy. Any estimate of value was prepared using automated processes and should not be considered a comparative market analysis (CMA) or appraisal. You may contact us to provide additional information and analysis for a more accurate estimate of the property's value. Digital images modified or enhanced to alter real property characteristics contain a visible and legible watermark across the bottom of the image “Image does not represent actual property as is”.

Copyright© 2024 Houston Realtors Information Service, Inc. All rights reserved.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.


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Last updated on: 11/15/2024, 11:20:47 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Tax History

YEARPROP. TAXASSESSMENT
2020$2,061$80,000
2019$1,927$71,440
2018$1,920$71,440
2017$1,929$71,440

History based on county public records data.

Payment Calculator

$11K

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$6,641

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Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Nearby Schools

school-card-donut-507422
8
/10
  • Alexander Middle School

  • 3001 Old Alvin Rd

  • 0.60 miles

  • Public District Grades 5-6

school-card-donut-507423
9
/10
  • Magnolia Elementary School

  • 5350 Magnolia Pkwy

  • 1.13 miles

  • Public District Grades PK-4

school-card-donut-507424
7
/10
  • Leon Sablatura Middle School

  • 2201 N Galveston Ave

  • 1.40 miles

  • Public District Grades 5-6

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $110,553. Residents of Pearland, TX typically earn between $100k-200k each year. Residents typically live in married, with kids family. The most common level of education of people living in this area is post secondary degree.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 3901 Magnolia Pkwy

What is the listing price of this property?

The listing price of 3901 Magnolia Pkwy property is $2,193,028.

What type of property is this?

The property 3901 Magnolia Pkwy is land located in Pearland, Texas, 77584.

Is this property for sale now?

Active Listing: 3901 Magnolia Pkwy is For Sale (Active/New) which means the seller is accepting offers.

What is the annual property tax for this property?

According to the records, the last property tax for 2020 is $2,061 (source: MLS/based on county public records data).

How much acreage is this property?

The property 3901 Magnolia Pkwy is 10.07 acres.
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Rocket HomesTexasBrazoria CountyPearland775843901 Magnolia Pkwy

This home is located at 3901 Magnolia Pkwy in Pearland, TX and zip code 77584. This home sits on a 10.07 acre lot. It has been listed on Rocket Homes since June 06, 2024 and is currently priced at $2,193,028.

While more than 23 listings in Pearland, TX in October 2024 were sold above asking price, there were more than 26 listings sold at asking price, and more than 63 were sold below. In October 2024 in Pearland, TX there were 15.2% more homes for sale than in September 2024. The median list price of listings available in October 2024 was $373,466, while the average time on the real estate market was 31 days.

From Rocket Homes Real Estate and based on county public records data.

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