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    2 Heritage Ln Magnolia, TX 77354

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    For Sale
    Contact for pricing

    12.9 acre parcel in Magnolia ETJ with high traffic.

    Property size:
    12 SF
    Lot size:
    12.90 Acres

    Property Features for 2 Heritage Ln

    General Information

    Size
    12 SF
    Lot size
    12.90 Acres

    Building Details

    Year built
    1991

    Source: Diana Gaines Agent Diana Gaines

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    12.9 Acres on FM 1488

    A 12.9-acre parcel is available for sale on FM 1488, situated within the Magnolia ETJ, less than 3 miles east of Downtown Magnolia. The property, located at 2 Heritage Lane in the Heritage Farms Subdivision, has approximately 941 feet of frontage on FM 1488. Utilities are provided by the City of Magnolia. Currently operating with an Agricultural Exemption, the site is less than an hour's drive to Downtown Houston. The location offers access to local restaurants, outdoor activities, and scenic views. Traffic counts from 2020 (TXDOT) indicate 16,054 vehicles per day on FM 1488 west of the site. Major road improvements are under construction throughout the market area, including the FM 249 extension, widening of FM 1488, and a proposed Magnolia Bypass. Restrictions apply.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Commercial land

    Suggested Use

    Restaurant Realty agency Building Supply Spa & Massage Dental Office Auto Repair Shop Hair Salon Clothing Store Nail Salon Gym & Fitness

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Magnolia
    County
    Montgomery
    State
    Texas
    Longitude
    -95.676992
    Latitude
    30.225561

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    FAQs

    What type of property is this?
    Land - 12.9 acre parcel in Magnolia ETJ with high traffic.
    Where is this land located?
    The property is located at 2 Heritage Ln Magnolia, TX.
    What are key features of this property?
    This property features: - 12.9 acre parcel with **941 feet of frontage on FM 1488**; - Strategic location less than 3 miles from Downtown Magnolia along highly trafficked FM 1488; - Located within the Magnolia ETJ with City of Magnolia utilities
    (281) 367-2220
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    2 Heritage Ln Magnolia, TX 77354
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    2 Heritage Ln Magnolia, TX 77354
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