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Magnolia,TX 77354
Key Details
Property Type Vacant Land
Listing Status Active
Purchase Type For Sale
Subdivision James Brown Surv Abs #78
MLS Listing ID 60373373
Annual Tax Amount $4,631
Tax Year 2024
Lot Size 3.340 Acres
Property Description
Unrestricted 3.34-acre corner lot in the booming Magnolia area—ideal for development. This versatile property includes a 1,858 sqft home structure (inside framing only-not in habitable condition) and a shop complete with a small office and bathroom inside. The home's exterior is intact, while the interior has been stripped to the studs, ready for your vision or removal. The seller previously initiated plans for a 16-townhome development, currently under review by the city for approval. A complete set of engineered blueprints and development plans can be provided to buyers interested in continuing this development project, offering a valuable head start for builders or investors looking to capitalize on this prime location. For added flexibility, the seller is open to selling a 1.73-acre or 1.57-acre portion separately for buyers not interested in the whole lot. This is a rare chance to secure a corner lot in a high-growth area with no restrictions and endless development potential.
Location
State TX
County Montgomery
Area 15
Exterior
Fence Fenced
Utilities Available Cable Available,Electricity Available,Natural Gas Not Available,Phone Available
Building
Lot Description Cleared,Corner Lot,Split Possible
Sewer Septic Tank
Water Connected,Well,Well Installed
Schools
Elementary Schools Cedric C. Smith Elementary School
Middle Schools Bear Branch Junior High School
High Schools Magnolia High School
School District 36 - Magnolia
Others
Acceptable Financing Cash,Conventional,Investor Financing,USDA Loan,VA Loan
Listing Terms Cash,Conventional,Investor Financing,USDA Loan,VA Loan