A premier commercial opportunity in the rapidly growing Magnolia, TX area! This 2.2-acre tract offers 380 feet of frontage on FM 1488, positioned at a hard corner, making it an ideal site for high-visibility development. With FM 1488 being widened to four lanes, increased traffic flow is anticipated, enhancing the location’s appeal. The surrounding area is booming with new residential developments, driving demand for essential services and retail. This site is perfect for investors looking to capitalize on the growth by developing a C-store with QSR, a retail strip center, warehouse/office space, a restaurant, or other commercial ventures. Don’t miss out on this prime location poised for success!
Property Details
Property Features
Listing Office:
Office Name: Worth Clark Realty
Office Phone: (800) 991-6092
Listing Agent: Shawn DeCandia
Virtual/3D Tour
Virtual Tour: TBD2.2ACRES Fm 1488th Rd
Virtual Tour
Lot Features
Lot Information:
Lot: Corner Lot
Lot Size: 2.20 Acres
School Info
Assigned Schools Information:
Waller High School, Public District Grades PK-12
Schultz Jr High School, Public District Grades 6-8
Fields Store Elementary School, Public District Grades PK-5
Other
Directions Information:
Directions: From the intersection of FM 1488 and FM 1774 in Magnolia, TX- head southwest on FM 1488 aprox. 2.2 miles to Todd RD and turn left.
Price Information
Listing Price Info
Price Summary:
List Price: $620,000
What can I afford?
Understand what home price range makes sense for your budget.
Housing Market Comparison
See how this home compares to others in Magnolia, TX.
This property is $250K more than the Median Sold Price in Magnolia, TX.
Based on homes sold in the last 12 months
MLS Details
MLS Information:
MLS Name: HAR
MLS Number: #32433605
Listing Office:
Office Name: Worth Clark Realty
Office Phone: (800) 991-6092
Listing Agent: Shawn DeCandia
Disclaimer: 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”.
Last updated on: 11/5/2024, 6:20:48 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
Property Sales & Tax
We're sorry, we currently don't have sales or tax history data for this listing.
Payment Calculator
Calculate your estimated monthly expenses for this listing. Play with the values below to better understand your monthly payment and utilities.
$3,162
Per Month
Principal & Interest
$3,095
Home PriceThe dollar amount you pay for the home.
$
Interest RateMortgage interest rates fluctuate, but they're typically in the 5% to 9% range. Your rate will be calculated based on personal details including your credit score.
%
Down PaymentThe initial money paid at closing that is usually a percentage of the purchase price. Most loans require at least 3% down, but a 0% down payment may be possible if you're eligible for a VA or USDA loan.
$%
Loan TermThis is how long you'll pay on the loan. A longer term gives you smaller payments, while a shorter term saves you money on interest.
Property Taxes
$0
Property Taxes -Annual CostEvery homeowner pays taxes to their local government based on their home's value and the property tax rates for the county or city. Most areas charge property taxes semiannually.
$/ Year
Mortgage Insurance
$0
Mortgage Insurance -Monthly PremiumMortgage insurance helps secure a mortgage with a lower down payment. It typically costs 0.1% - 2% of your loan amount per year.
$/ Month
Homeowners Insurance
$67
Homeowners Insurance -Monthly PremiumMost homeowners pay about $1,000 a year for homeowners insurance, but the cost varies based on your location, home and coverage.
$/ Month
Homeowners Association (HOA)
$0
Homeowners Association -Monthly FeesHomeowners Association (HOA) fees can range from $30 per month to $500+ per month. Be sure to ask your agent about HOA fees on a home as it can impact your affordability or check the online home listing.
$/ Month
Utilities
$0
Utilities - Monthly CostYou'll need to budget for utilities as a homeowner, which typically includes water and sewer, gas and electric, internet and cable. Cost will depend on your location and the size of your home. On a monthly basis, Americans pay $239 - $442 per month.
$/ Month
Recommended Financing
30-Year Fixed
Rate/APR
7.5% / 6.68%
Total Monthly Payment
$1,925
Powered By
Advertisement
NMLS#3030
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.
Elementary School
5
/10
Fields Store Elementary School
31670 Giboney Rd
Distance between this listing and this school5.85 miles
Public District Grades PK-5
Middle School
5
/10
Schultz Jr High School
19010 Stokes Rd
Distance between this listing and this school9.69 miles
Public District Grades 6-8
High School
3
/10
Waller High School
20950 Fields Store Rd
Distance between this listing and this school9.03 miles
Public District Grades PK-12
Assigned Schools
5
/10
Fields Store Elementary School
31670 Giboney Rd
Distance between this listing and this school5.85 miles
Public District Grades PK-5
Nearby Schools
5
/10
Evelyn Turlington Elementary School
23400 Hegar Rd
Distance between this listing and this school4.65 miles
Public District Grades PK-5
4
/10
Nichols Sawmill Elementary School
28750 Nichols Sawmill Rd
Distance between this listing and this school5.08 miles
Public District Grades PK-5
Assigned Schools
5
/10
Schultz Jr High School
19010 Stokes Rd
Distance between this listing and this school9.69 miles
Public District Grades 6-8
Nearby Schools
6
/10
Magnolia Jr High School
31138 Nichols Sawmill Rd
Distance between this listing and this school5.26 miles
Public District Grades 6-8
4
/10
Waller Jr High School
2402 Waller St
Distance between this listing and this school9.87 miles
Public District Grades 6-8
Assigned Schools
3
/10
Waller High School
20950 Fields Store Rd
Distance between this listing and this school9.03 miles
Public District Grades PK-12
Nearby Schools
2
/10
Alpha
919 Cloyd St
Distance between this listing and this school4.90 miles
Public District Grades 9-12
4
/10
Magnolia West High School
42202 Fm 1774 Rd
Distance between this listing and this school4.90 miles
The neighbors living near this home have an average income of $64,274. The most common annual income of people living in Magnolia, TX is between $35k-100k. Typical family type is married, no kids. The majority of residents in this area have high school diploma education.
All data provided by Home Junction and Claritas
Frequently Asked Questions About TBD2.2ACRES Fm 1488th Rd
What is the listing price of this property?
The listing price of TBD2.2ACRES Fm 1488th Rd property is $620,000.
What type of property is this?
The property TBD2.2ACRES Fm 1488th Rd is land located in Magnolia, Texas, 77355.
Is this property for sale now?
Active Listing: TBD2.2ACRES Fm 1488th Rd is For Sale (Active/New) which means the seller is accepting offers.
What are the assigned schools for this property?
The assigned schools for TBD2.2ACRES Fm 1488th Rd are: Fields Store Elementary School: GreatSchools Rating 5/10Schultz Jr High School: GreatSchools Rating 5/10Waller High School: GreatSchools Rating 3/10
How much acreage is this property?
The property TBD2.2ACRES Fm 1488th Rd is 2.20 acres.
Interested in TBD2.2ACRES Fm 1488th Rd? Let's connect.
By checking this box and submitting your personal information, you agree to our Terms of Use and Privacy Policy. You also expressly consent to having Rocket Homes Real Estate LLC, its Family of Companies, Rocket Homes Network Partners, and potentially our mortgage partners contact you about your inquiry by text message or phone (including automatic telephone dialing system, AI voice, or an artificial or prerecorded voice) to the residential or cellular telephone number you have provided, even if that telephone number is on a corporate, state, or national Do Not Call Registry. You do not have to agree to receive such calls or messages as a condition of getting any services from Rocket Homes Real Estate, LLC or its partners. By communicating with us by phone, you consent to calls being recorded and monitored. You also agree that we can share your personal data and contact information with third parties such as mortgage partners, partner companies, and affiliates, and that these parties may use your personal data and contact information for marketing and analytic purposes, and to improve your experience.
This home is located at TBD2.2ACRES Fm 1488th Rd in Magnolia, TX and zip code 77355. This home sits on a 2.20 acre lot. It has been listed on Rocket Homes since August 22, 2024 and is currently priced at $620,000.
While more than 16 listings in Magnolia, TX in October 2024 were sold above asking price, there were more than 29 listings sold at asking price, and more than 57 were sold below. The inventory of homes for sale in Magnolia, TX between September 2024 and October 2024 increased by 8.5%. While the average time on the market in October 2024 was 43 days, the median list price was $370,000.
From Rocket Homes Real Estate and based on county public records data.
Disclaimer: 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”. 
Hunting
Hunting
NASCAR
Monster Trucks
Academy Sports & Outdoors
Bass Pro Shops
Wal-Mart
Jimmy Johns
Hardee's
Texas Roadhouse
Chevrolet
GMC
Ram
New Country
Classic Country