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Property profile & analytics
OFF-MARKET
Land

0 Magnolia Point Dr Huffman, TX 77336

24 ac lot
Property ID
Property summary
AI-generated overview

This exceptional property encompasses 24 to 104 acres of land situated in the rapidly expanding FM 2100 corridor of Huffman, Texas, east of Lake Houston. Located within the Houston city limits, this wooded tract offers convenient access to public utilities via Magnolia Point Dr and Shore Shadows Dr. The property benefits from its proximity to The Commons of Lake Houston, a substantial waterfront community featuring homes priced from $350,000 to over $1 million. Importantly, this land is outside the 100- and 500-year floodplains, minimizing risk. Served by Huffman ISD, it's a short drive from the recently constructed Falcon Ridge Elementary School. The site is perfectly suited for residential development, aligning with the current trend of new projects in the area. This location addresses the growing demand for affordable housing in northeast Houston, a market experiencing a surge in home prices along the West Lake Houston corridor. An adjacent 80-acre parcel is also available, allowing for the acquisition of over 104 acres. APN numbers include 139-599-003-00(01-16), 139-599-002-000(1-9), and 139-599-001-000(1-4). The ownership is listed as MAGNOLIA CROSSING. The address is Magnolia Point Dr, Houston, TX 77336, within Harris County.

Property profile
Verified
Property type Land
Lot 24 ac (1,045,440 SF)
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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