Listing Agency: Walzel Properties - Corporate Office Show Phone

Listed By: Nikki Bridgewater Show Phone

Source: Garygreene

Added: Jan 26 Changed: Oct 21 Last Checked: Oct 20 at 6:59PM

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Investment Insights

Based on property information with market context.

This 1.67-acre lot is situated in downtown Magnolia and offers cleared space with access to water and electricity. The City of Magnolia prohibits mobile homes and RV Parks within city limits. The property is currently zoned for Single Family Residential (SFR). Potential buyers can explore rezoning or replatting options by contacting the City of Magnolia, presenting possibilities for development into a Single Home or Multi Family Unit.

Key Highlights

• 1.67 acre lot in Downtown Magnolia.
• Cleared space with access to water and electricity.
• Ideal for Single Home or Multi Family Unit development.

Property Analytics

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Suggested Use

Top Pick (Bike/Boat/Book/etc) Store Bakery Barber Shop Computer & Electronic Repair Plumbing Service Pet Grooming Service

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

635

Businesses Nearby

Explore this area Business Placement

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

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Frequently Asked Questions

What type of property is this?

Land - 1.67 acre lot with utilities in downtown Magnolia.

Where is this land located?

The property is located at 302 Smith Road Magnolia, TX.

What is the asking price?

The asking price for this property is $250,000.

What are key features of this property?

This property features: 1.67 acre lot in Downtown Magnolia.; Cleared space with access to water and electricity.; Ideal for Single Home or Multi Family Unit development.