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    8406 Matthews Ln Magnolia, TX 77354

    For Sale
    $1,800,000

    Texas gem: Mixed-use development potential.

    Property size:
    435,600 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    370
    This exceptional 10-acre unrestricted property in Magnolia, Texas (Montgomery County, zip code 77354), presents a unique investment opportunity. Located at 8406 Matthews Ln, this fee-simple land boasts a total area of 435,600 square feet, currently priced at $1,800,000 ($4.13 per square foot). Its prime location offers adjacency to a prestigious Woodlands neighborhood, making it highly suitable for various development projects. The unrestricted zoning allows for a wide range of possibilities, including residential subdivisions, mixed-use developments, or commercial ventures. The property's versatility is further enhanced by the availability of additional adjacent lots, offering potential for expansion or consolidation. This is a rare chance to acquire a substantial parcel of land with significant development potential in a desirable Texas location. The property is classified as Industrial, Land, Mixed Use, Mobile Home Park, and Multifamily, with subtypes including Flex, RV Park, and Warehouse. Serious inquiries are encouraged to explore this exceptional opportunity.

    Property Features for 8406 Matthews Ln

    General Information

    Property type
    Multifamily properties
    Square Feet
    435,600 SF
    Lot Size
    435,600 SF

    HighLights

    • $1,800,000 asking price for 10‑acre unrestricted tract.
    • Ideal for residential subdivision, mixed‑use, or commercial development.
    • Additional adjacent lots available.
    • 435,600 square feet, $4.13/SF.
    • Fee simple ownership; For sale by owner.
    Property Profile Location Intelligence

    Current Use by Public Records

    Mobile home & RV ...

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Wholesale Shop Auto Repair Shop Hair Salon Clothing Store Nail Salon

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

    Location Insight

    • Map
    • Local Demand
    City
    Magnolia
    County
    Montgomery
    State
    Texas
    Longitude
    -95.5898825
    Latitude
    30.1667482

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    FAQs

    What type of property is this?
    Multifamily property - Texas gem: Mixed-use development potential.
    Where is this multifamily property located?
    The property is located at 8406 Matthews Ln Magnolia, TX.
    What is the asking price?
    The asking price for this property is $1,800,000.
    What are key features of this property?
    This property features: $1,800,000 asking price for 10-acre unrestricted tract.; Ideal for residential subdivision, mixed-use, or commercial development.; Additional adjacent lots available.
    Request Owner's contact information
    8406 Matthews Ln 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
    8406 Matthews Ln Magnolia, TX 77354
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