5319 Fm 1488th Rd, Magnolia, TX 77354

$1,600,000

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List Price
$1,600,000
MLS#
28425107
Status
ACTIVE
Type
Land
Subtype
Land
Style
Patio Home
Acres
0.97
County
Montgomery
Area
15
City
Magnolia
Subdivision
Sweetgum Forest

Property Description

UNRESTRICTED COMMERCIAL OR RESIDENTIAL HIGH-VISIBILITY FULLY FENCED CORNER LOT WITH TWO SHOPS, ~260' OF STREET FRONTAGE, AND TWO GATED ENTRANCES OFF 1488 & LOIS LN. Improvements include a ~400 SF built-out office building or shop and a ~2,300 SF shop with four roll-up doors, a bathroom, and seperate area for private office or storage. Previously operated as an automotive shop and currently an industrial storage & corporate office, the property offers exceptional flexibility for commercial or residential use and is NOT located in a flood zone. Private well and septic in-place with public utilities available. Magnolia is one of the fastest-growing areas in the Houston MSA, located just 10 minutes off I-45, 15 minutes from Conroe/Grand Central Park, and 15 minutes to The Woodlands. The 3-mile avg. household income exceeds $150k annually, with an area population growth of +160% from 2020 to 2026.

Additional Information

Unexempt Taxes
$8,903
Lot Size
42,146
Lot Description
Cleared, Corner Lot
School District
Magnolia
Elementary School
Tom R. Ellisor Elementary School
Middle School
Bear Branch Junior High School
High School
Magnolia High School

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Listing courtesy of Timothy Adams from Jane Byrd Properties International LLC. Contact: 281-806-8279