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For Sale 77355 Magnolia

20215 Fm 1488 RD Rd

Magnolia, TX 77355

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For Sale

Active

$450,000

Est. Mortgage 2,419/month

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1,676 Sqft. ($268/Sqft.)

25,570 Lot Sqft

Single-Family

15 Day(s) on Market

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Description

Incredible commercial opportunity, corner lot +/- .6 acres on FM 1488 with 302 ft of road frontage. Only 1.1 miles from the heart of Magnolia, TX., easy access to the new 249 Tollway. Recently expanded 5 lane road with over 14,000 cars per day traveling through this part of FM 1488. Property has a single-family home that could be used to operate your business, or you could build to your needs. Water well on property, as well as city water, possibility of annexation by the City of Magnolia - buyer to complete research and due diligence. Endless opportunities within the high growth area of Montgomery County. Hurry and schedule your showing before this rare commercial opportunity is gone!

MLS#

71058110

List Price

$450,000 ($268/Sqft.)

Listing Status

For Sale

Address

20215 Fm 1488 RD Rd

City

Magnolia

State

Zip Code

77355

County

Montgomery County

Subdivision

Abstract Area 6 (Magnolia FM 1488)

Legal Description

A0512 - SCOTT JOHN, TRACT 3, ACRES 0.587

Property Type

Single-Family

Garages

2 / Attached

Stories

Building Size

1,676 Sqft/Appraisal District

Architecture Style

Traditional

Year Built

1978 /Appraisal District

Lot Size

25,570 Sqft./Appraisal District

Key Map©

211Q

Market Area

Magnolia/1488 West

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Brett Sims Platinum

4.97 / 5 (18 surveys)

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Exterior

Roof

Composition

Foundation

Slab

Private Pool

Exterior Type

Brick

Lot Description

Corner

Water Sewer

Public Water, Septic Tank, Well

Area Pool

Interior

Fireplace

Cooling

Central Electric

Heating

Central Electric

Lot information

Lot Size

25,570 Sqft./Appraisal District

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Disclaimer: Lot configuration and dimensions are estimates, not based on personal knowledge and come from a third party (Digital Map Products); therefore, you should not rely on the estimates and perform independent confirmation as to their accuracy

Additional information

Dwelling Type

Free Standing

HOA Mandatory

List Type

Exclusive Right to Sell/Lease

Buyer Agent Compensation*

Sub Agent Compensation*

*Disclaimer: Listing broker's offer of compensation is made only to participants of the MLS where the listing is filed.

Financial

Financing Considered

Cash Sale, Conventional, Investor

Other Fees

Maintenance Fee

Taxes w/o Exemp

$2,761/2023

Tax Rate

1.7646

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Listing Tax	Numbers
Principal & Interest	2,841
Taxes	1,242

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Subdivision Facts

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Schools

School information is computer generated and may not be accurate or current. Buyer must independently verify and confirm enrollment. Please contact the school district to determine the schools to which this property is zoned.