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    12706 Wanda Ln Magnolia, TX 77354

    Sponsored
    For Sale
    $4,799,876

    Prime 73-acre tract, ideal for development.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    393
    This exceptional 73.46-acre property presents a remarkable investment or development opportunity in the rapidly growing Magnolia, Texas area. Situated on Wanda Lane, just west of Dobbin-Huffsmith Road and less than a mile east of Spur 149, this expansive land parcel offers unparalleled access and visibility. The property benefits from its proximity to major thoroughfares, including State Highway 249/Aggie Expressway and the soon-to-be-completed Woodlands Parkway extension, ensuring convenient connectivity. Located in Montgomery County and within the Magnolia ISD, this land boasts a favorable 2023 tax rate of $1.76 per $100 of assessed value. A comprehensive demographic package is available upon request. Further enhancing its appeal, this property is not located within a floodplain, according to FEMA maps. The asking price is $4,799,876, translating to a land value of $1.50 per square foot. This presents a unique chance to capitalize on the burgeoning growth of Magnolia, Texas. The property's versatile zoning allows for residential, commercial, and industrial uses, making it suitable for a wide range of development projects. Don't miss this exceptional opportunity to acquire a significant land holding in one of Texas's most dynamic markets.

    Property Features for 12706 Wanda Ln

    General Information

    Property type
    Land
    Lot Size
    3,199,918 SF

    HighLights

    • 73.46 acres of land in Magnolia, TX on Wanda Lane.
    • Conveniently located west of Dobbin Hufsmith Road and less than a mile east of Spur 149.
    • Excellent investment or development opportunity in rapidly growing Magnolia.
    • Non‑floodplain property (per FEMA).
    • Prime location near SH 249/Aggie Expressway and the new Woodlands Parkway extension.
    • Montgomery County location within Magnolia ISD; 2023 tax rate: $1.76 per $100 assessed value.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Restaurant HVAC Service Plumbing Service

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

    Location Insight

    • Map
    • Local Demand
    City
    Magnolia
    County
    Montgomery
    State
    Texas
    Longitude
    -95.6660278
    Latitude
    30.196732

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    FAQs

    What type of property is this?
    Land - Prime 73-acre tract, ideal for development.
    Where is this land located?
    The property is located at 12706 Wanda Ln Magnolia, TX.
    What is the asking price?
    The asking price for this property is $4,799,876.
    What are key features of this property?
    This property features: 73.46 acres of land in Magnolia, TX on Wanda Lane.; Conveniently located west of Dobbin Hufsmith Road and less than a mile east of Spur 149.; Excellent investment or development opportunity in rapidly growing Magnolia.
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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
    12706 Wanda Ln Magnolia, TX 77354
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