26629 Decker Prairie-Rosehill Rd Magnolia, TX 77355

Exceptional investment opportunity: A 9.052-acre residential development site in Magnolia, Texas (Montgomery County, zip code 77355), located at 26629 Decker Prairie-Rosehill Rd. This property presents a unique blend of immediate income and future development potential. Currently featuring three existing residential rental units, the land is situated in a rapidly growing area, benefiting from the expansion of SH 249 (Aggie Expressway) and the development of surrounding neighborhoods. The site boasts significant infrastructure advantages, including an existing 4-inch water line with a proposed 6-inch extension, sanitary sewer grinder pumps and force mains at each residence with capacity for expansion, natural gas service, underground electrical and data service. A proposed plan outlines the addition of 11 more lots. The property is conveniently located between Magnolia and Tomball, within the Tomball Independent School District. Further enhancing its appeal, the land is outside any flood hazard area and includes a pond with a fountain and two water wells. The asking price is $2,200,000. Detailed survey and layout plans are available. This is a prime opportunity to capitalize on the burgeoning residential market in this desirable Texas location.