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    Fm 1488 & Gable Cir Magnolia, TX 77354

    Sponsored
    For Sale
    $799,000

    0.9 Acres, High Traffic, Magnolia ISD

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    397
    This exceptional 0.901-acre unrestricted land parcel presents a prime development opportunity in Magnolia, Texas. Strategically located on FM 1488 and Gable Circle in Montgomery County (zip code 77354), this site boasts exceptional visibility and accessibility. The property is situated less than 2.3 miles from the SH 249 (Aggie Expressway) on-ramp, providing convenient access to major transportation arteries. Its location within the Magnolia ETJ (Extra Territorial Jurisdiction) and less than 5 miles east of downtown Magnolia ensures high traffic counts, estimated at approximately 25,604 vehicles per day on FM 1488. The area is experiencing significant growth, with numerous single-family residential developments underway and many commercial plans approved, creating a robust and expanding market. This presents a unique chance to capitalize on the area's burgeoning commercial sector. The property is served by Magnolia ISD and utilities are conveniently located on-site. Priced at $799,000, this is an exceptional investment opportunity for developers seeking a high-traffic, high-growth location. Don't miss this chance to secure a piece of Magnolia's thriving future.

    Property Features for 0 Fm 1488 & Gable Cir

    General Information

    Property type
    Land
    Lot Size
    39,248 SF

    HighLights

    • 0.901‑acre unrestricted land parcel in Magnolia, TX, offering prime development potential.
    • Exceptional visibility and accessibility at FM 1488 and Gable Circle, less than 2.3 miles from SH 249 on‑ramp.
    • High‑traffic location within Magnolia ETJ, less than 5 miles east of downtown Magnolia, with approximately 25,604 VPD on FM 1488.
    • Surrounded by significant residential and commercial growth.
    • Served by Magnolia ISD with on‑site utilities.
    • Unrestricted zoning.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Magnolia
    County
    Montgomery
    State
    Texas
    Longitude
    -95.6576758
    Latitude
    30.2224692

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    FAQs

    What type of property is this?
    Land - 0.9 Acres, High Traffic, Magnolia ISD
    Where is this land located?
    The property is located at Fm 1488 & Gable Cir Magnolia, TX.
    What is the asking price?
    The asking price for this property is $799,000.
    What are key features of this property?
    This property features: 0.901-acre unrestricted land parcel in Magnolia, TX, offering prime development potential.; Exceptional visibility and accessibility at FM 1488 and Gable Circle, less than 2.3 miles from SH 249 on-ramp.; High-traffic location within Magnolia ETJ, less than 5 miles east of downtown Magnolia, with approximately 25,604 VPD on FM 1488.
    Request Owner's contact information
    Fm 1488 & Gable Cir 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
    Fm 1488 & Gable Cir Magnolia, TX 77354
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