3 months on rocket

TBD2.2ACRES Fm 1488th Rd, Magnolia, TX, 77355

$620,000

2.20 Acres
Land

Location

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Property Highlights

Home TypeOther
MLS #32433605
Lot Size2.20 Acres
StatusActive

About TBD2.2ACRES Fm 1488th Rd

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

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  • Virtual Tour: TBD2.2ACRES Fm 1488th Rd
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Lot Features

Lot Information:

  • Lot: Corner Lot
  • Lot Size: 2.20 Acres

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
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Housing Market Comparison

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

Med. Sold Price

$370K

Med. Price/SqFt

$174

Avg. Days On Market

43

# of Sold Homes

102

TBD2.2ACRES Fm 1488th Rd vs Magnolia

92 DAYS ON ROCKET

+49 Days

$620,000

+$250K More

KEY TAKEAWAY

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

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”.

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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: 11/23/2024, 10:20:49 AM 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

$3,162

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$1,925

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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.

Nearby Schools

school-card-donut-863348
5
/10
  • Turlington Elementary School

  • 23400 Hegar Rd

  • 4.68 miles

  • Public District Grades PK-5

school-card-donut-863349
4
/10
  • Nichols Sawmill Elementary School

  • 28750 Nichols Sawmill Rd

  • 5.10 miles

  • Public District Grades PK-4

school-card-donut-863350
6
/10
  • Magnolia Intermediate School

  • 31164 Nichols Sawmill Rd

  • 5.20 miles

  • Public District Grades 5-6

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $64,274. Most Magnolia, TX residents have annual incomes between $35k-100k. Typical family type is married, no kids. Most 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.

How much acreage is this property?

The property TBD2.2ACRES Fm 1488th Rd is 2.20 acres.
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Rocket HomesTexasHarris CountyMagnolia77355TBD2.2ACRES Fm 1488th Rd

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.

In October 2024, from all listings sold in Magnolia, TX there were more than 16 sold above asking price, over 57 sold below and more than 29 were sold right at the asked price. In October 2024 in Magnolia, TX there were 8.5% more homes for sale than in September 2024. Listings spent 43 days on the market in October 2024, and had a median list price of $370,000 during the same period.

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

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