PRICE REDUCTION!!Unlock the full potential of this 2.4 acre unrestricted property located directly on FM 1488, just minutes west of downtown Magnolia. With over 200 feet of frontage on a high-traffic corridor, this site offers exceptional visibility and access, ideal for commercial development, mixed-use, or long-term hold in a booming area.
The existing structure is in poor condition and likely a teardown, giving investors a clean slate to redevelop or rezone to fit a wide range of uses. Whether you're looking to build retail, office, warehouse, or multifamily, this property offers flexibility and strong future appreciation.
| Listing Id: | 19375942 |
|---|---|
| List Price: | $499,000 |
| Close Price: | $440,000 |
| Close Date: | 2026-11-06 |
| Property Type: | Land |
| Status: | Closed |
| Tax Annual Amount: | $2,553 |
| Lot Size Acres: | 2.485 |
| Waterfront?: | No |
| City: | Magnolia |
| County Or Parish: | Montgomery |
| Subdivision: | Na |
| Postal Code: | 77355 |
| Additional Parcels Description: | 2960002200 |
| Additional Parcels?: | Yes |
| Basement Yn: | No |
| Directions: | From 249 take FM 1486 S going south and continue to FM 1774, then make left and continue on FM 1774 until you reach FM 1488 W and make a right, about 1.5 miles make a U-turn at Wisteria and then property will be on the right in about .2 miles. |
| Disclosures: | None |
| Elementary School: | NICHOLS SAWMILL ELEMENTARY SCHOOL |
| Elementary School District: | 36 - Magnolia |
| High School: | MAGNOLIA WEST HIGH SCHOOL |
| High School District: | 36 - Magnolia |
| Internet Automated Valuation Display?: | Yes |
| Internet Consumer Comment?: | Yes |
| Listing Agreement: | ExclusiveRightToLease |
| Listing Terms: | Cash, Conventional, FHA, Other, VaLoan |
| Lot Size Area: | 108,247.0 |
| Lot Size Source: | Appraiser |
| Lot Size Units: | SquareFeet |
| Middle Or Junior School: | MAGNOLIA JUNIOR HIGH SCHOOL |
| Middle Or Junior School District: | 36 - Magnolia |
| MLS Area Major: | 15 |
| MLS Area Minor: | Magnolia/1488 West |
| Original List Price: | $690,000 |
| Parcel Number: | 44487 |
| Pending Timestamp: | 2026-10-02 |
| Possible Use: | SingleFamily |
| Postal City: | Magnolia |
| Postal Code Plus4: | 3001 |
| Sewer: | SepticTank |
| Status: | Closed |
| State Or Province: | TX |
| Street Number Numeric: | 19,811 |
| Tax Year: | 2024 |
| Universal Property: | US-48339-N-44487-R-N |
| Utilities: | Electricity Available and Natural Gas Available |
| Vegetation: | Partially Wooded |
| Listing Key: | 1137608506 |
| Current Price: | $440,000.00 |
| Country Subdivision: | 48339 |
| Record Signature: | 2,046,990,718 |
| Universal Parcel Id: | urn:reso:upi:2.0:US:48339:44487 |
Listing Courtesy of: One Property Grp
Listing Agent: Christine M Lorentz
713-292-6179
Mortgage Calculator
The data on this website relating to real estate for sale comes in part from the IDX Program of the Houston Association of REALTORS®.
All information is believed accurate but not guaranteed. The properties displayed may not be all of the properties available through the IDX Program. Any use of this site other than by potential buyers or sellers is strictly prohibited.
© 2026 Houston Association of REALTORS®.
Houston Association of REALTORS® data last updated on November 08, 2026 02:50 AM - ET.
Property Last Updated: November 08, 2026 02:50 AM - ET
