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26823 FM 2978, Magnolia, TX 77354

Commercial and multifamily development potential on a tract with well and septic servicing in place.

Property SizeContact for details
Lot Size9.20 Acres
Days on Market102

Property Features for 26823 FM 2978

General Information

Standard status Active
Lot size 9.20 Acres
Property subtype LAND
Listing Agency: SVN | J. Beard Real Estate – Greater Houston
Listed By: Jeff Beard, CCIM · License #0400693
Source: Moodyscre
Added: Jul 25 Changed: Oct 27 Last Checked: Nov 3 at 9:43AM

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 SVN | J. Beard Real Estate – Greater Houston

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Investment Insights

Based on property information with market context.

This offering is a development tract positioned for commercial and multifamily use, with utilities currently listed as a well and septic. The property lines indicate approximately 390 feet along FM 2978, with additional dimensions noted along the north and south lines and an approximate west line of 380 feet.

The site is located within three miles of the new Baker Hughes Western Hemisphere facility at the corner of FM 2978 and FM 2920. Five-lane road improvements on FM 2978 are currently underway, supporting continued area growth.

Nearby development activity includes commercial and residential projects in progress, including a Toll Brothers luxury community under construction across the street with 850+ new homes. The tract’s size and frontage provide exposure along FM 2978 for future development planning.

Key Highlights

  • Tract with 390 ft of frontage on FM 2978 plus additional boundary frontage along the north, south, and west lines
  • Located within 3 miles of the new Baker Hughes Western Hemisphere facility at FM 2978 and FM 2920
  • Five‑lane road improvements on FM 2978 currently underway

Property Analytics

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Suggested Use

Top Pick Real Estate Agency HVAC Service Plumbing Service Grocery & Convenience Store (Bike/Boat/Book/etc) Store 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

127
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 - Commercial and multifamily development potential on a tract with well and septic servicing in place.
Where is this commercial land located?
The property is located at 26823 FM 2978 Magnolia, TX.
What is the asking price?
The asking price for this property is $2,504,700.
What are key features of this property?
This property features: Tract with 390 ft of frontage on FM 2978 plus additional boundary frontage along the north, south, and west lines; Located within 3 miles of the new Baker Hughes Western Hemisphere facility at FM 2978 and FM 2920; Five‑lane road improvements on FM 2978 currently underway
(281) 367-2220 · Office Call to check price and availability
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