Off Market
Magnolia, TX 77354
$2,000,000List Price
$16,447 Est. Mo. Payment
For a given home price of $2,000,000, the monthly mortgage is computed using a 3.5% down payment ($70,000) and a 4.99% annual interest rate, spread over 360 payments.
3
2
3
102,801ft2

Status

Off Market

Description

Unrestricted COMMERCIAL/residential property! Two 1.18 acre lots for a combined total of 2.36 acres located in one of the fastest growing markets in Montgomery County! These lots are across from the entrance of a large residential subdivision with 1,400 home sites. Planned future commercial development directly behind the property (Audubon) with an additional 1.600 residential lots and across the street will be the Magnolia Crossing Shopping Center also with planned retail, office, and residential! Both lots currently have residential structures and out-buildings. Lot #4 is being sold for land value only. Improvements on Lot 4 have no contributory value to the property. This is a PRIME location for commercial development!

MLS Listing ID

34112459

Listed By

David Lapaglia
713-398-9657
Olde Homestead Properties of T

Map

High School
Magnolia West High School
Elementary School
Willie E. Williams Elementary School
High School District
36 - Magnolia
Middle Or Junior School
Magnolia Junior High School
Geo Market Area
Magnolia/1488 West
Tax Rate
1.8587
$
$
%

Estimated Monthly Payment

$16,447

Loan Amount

$1,930,000

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
2

Highlights

Interior Features

  • 2 Bedrooms Down,Primary Bed - 1st Floor

Roof

  • Composition

Sewer

  • Septic Tank

Cooling

  • Electric
Stories
1
Garage Spaces
3
Lot Size Acres
2.36
Parcel Number
71700003100
Property Type
Residential
Covered Spaces
3

Parking Features

  • Oversized
  • Detached
Property Sub Type
Single Family Residence
Property Type
Single-Family
Building Area Total
102801
Parcel Number2
7170-00-03200

Foundation Details

  • Slab

Architectural Style

  • Ranch

Construction Materials

  • Brick

Heating

  • Electric
Heating

Water Source

  • Well
1/1/2024
Expired
$2,000,000
$19/sqft
10/18/2023
Price Change
$2,000,000
$19/sqft