Magnolia, TX 77355
$499,990List Price
$4,112 Est. Mo. Payment
For a given home price of $499,990, the monthly mortgage is computed using a 3.5% down payment ($17,499.65) and a 4.99% annual interest rate, spread over 360 payments.
2
1
2
1,429ft2

Mohammad Khatri

Roots Brokerage

Richardson, TX

Status

Available

Market MatchUP

How this home compares to similar 2 bedroom homes in Magnolia
  • Price Comparison
    $185,595 higher
  • Home Size
    98 sq. ft. larger
  • Built in 1978
    Older than 98% of homes in Magnolia
  • Magnolia Snapshot
    816 active listings
    1% have 2 bedrooms
    • Typical 2 bedroom size: 1331 sq. ft.
    • Typical 2 bedroom price: $314,394

Description

Rare unrestricted 1-acre property with prime frontage on Nichols Sawmill Rd, offering endless residential or commercial potential. This updated 2-bedroom, 1-bath home features custom cabinetry, recently updated appliances, and a functional open layout. The oversized detached 2-car garage plus additional covered parking provide ample space for vehicles, equipment, storage, or a workshop. With no restrictions, excellent visibility, and flexible use opportunities, this property is ideal for homeowners, investors, small businesses, or future development. A unique opportunity in a rapidly growing area.

MLS Listing ID

85509548

Listed By

Map

High School
Magnolia West High School
Elementary School
Magnolia Elementary School (Magnolia)
High School District
Magnolia
Middle Or Junior School
Magnolia Junior High School
Geo Market Area
Magnolia/1488 West
Tax Year
2025
Tax Rate
1.5808
Tax Annual Amount
1853
$
$
%

Estimated Monthly Payment

$4,112

Loan Amount

$482,491

This calculator is illustrative, but your unique situation will best be served by seeking out a purchase budget pre-approval from a reputable mortgage provider. Start My Mortgage Application can provide you an approval within 48hrs.

Home Facts

Bathroom

Bathrooms Full
1

Kitchen

Appliances

  • Disposal
  • Microwave
  • Dishwasher

Highlights

Interior Features

  • All Bedrooms Down

Roof

  • Metal

Sewer

  • Septic Tank
  • Public Sewer

Cooling

  • Window Unit(s)
Stories
1
Garage Spaces
2
Lot Size Acres
1
Parcel Number
56348
Property Type
Residential
Covered Spaces
2

Parking Features

  • Detached
Property Sub Type
Single Family Residence
Property Type
Single-Family
Building Area Total
1429
Year Built
1978

Foundation Details

  • Block & Beam

Architectural Style

  • Other

Construction Materials

  • Wood Siding

Heating

  • Window Unit
Heating

Water Source

  • Public
  • Well
5/14/2026
Active
(Current Listing)
$499,990
$350/sqft
5/14/2026
Price Change
$499,990 -23.0%
$350/sqft
10/18/2024
Canceled
MLS Listing ID: 37132023
$649,000
$454/sqft
7/29/2024
Price Change
$649,000 -13.5%
$454/sqft
4/1/2024
Expired
MLS Listing ID: 10373467
$750,000
$525/sqft
10/18/2023
Price Change
$750,000
$525/sqft