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Magnolia Land with FM 1488 Frontage
For Sale
$489,300

21750 FM 1488, Magnolia, TX 77354

1.62 acres with frontage on FM 1488 near residential developments.

Property SizeContact for details
Lot Size1.62 Acres
Days on Market1994

Property Features for 21750 FM 1488

General Information

Standard status Active
Lot size 1.62 Acres
Property subtype Land

Taxes and HOA fees

Annual Taxes $719

Amenities

Wooded
Private
70610
1.621
Appraiser
Asphalt
Listing Agency: RE/MAX Bluebonnet Properties
Listed By: Candace Pesek
Source: Garygreene
Added: May 4, 2021 Changed: Oct 16 Last Checked: Oct 16 at 6:37AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of RE/MAX Bluebonnet Properties

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Investment Insights

Based on property information with market context.

This 1.62-acre property features frontage of approximately 300+ linear feet on FM 1488, situated just west of Downtown Magnolia. The site is located on the north boundary of FM 1488 at Ranch Crest Subdivision, which includes over 600 homes. It is near several residential developments, including Williams Trace Subdivision with approximately 540 homes at build-out on the south boundary of FM 1488, Magnolia Ridge Subdivision 4.5 miles east on FM 1488 with approximately 700+ rooftops, and Escondido, a 150-acre master-planned development on FM 1774 just west of Magnolia West High School, bringing in a total of 600 homes. The site is suitable for retail, townhome development, or office use.

Key Highlights

  • Excellent frontage with over 300 linear feet on FM 1488.
  • 1.62 acres suitable for retail, townhome development, or office.
  • Located near Ranch Crest Subdivision (600+ homes).

Property Analytics

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Current Use

Commercial land

Suggested Use

Top Pick Law Firm Auto Parts Store HVAC Service Electrical Service Building Supply Big Box & Wholesale Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

74
Businesses Nearby

Demographics for 77354, TX

40,625
Population
15,747
Households
2.6
Avg Household Size
38
Median Age
42%
College-Educated
93%
High-School Grad
74.2 sq mi
ZIP Area
548
Density / Sq Mi
$112,093
Median Household Income
$58,832
Median Earnings
$1,850
Median Rent
$379,700
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Frequently Asked Questions

What type of property is this?
Commercial land - 1.62 acres with frontage on FM 1488 near residential developments.
Where is this commercial land located?
The property is located at 21750 FM 1488 Magnolia, TX.
What is the asking price?
The asking price for this property is $489,300.
What are key features of this property?
This property features: Excellent frontage with over 300 linear feet on FM 1488.; 1.62 acres suitable for retail, townhome development, or office.; Located near Ranch Crest Subdivision (600+ homes).
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