Property summary
This exceptional 10-acre property in Magnolia, Texas, presents a remarkable opportunity for residential development. Comprising two 5-acre tracts sold together, this land boasts a coveted location adjacent to the Grand Lakes Estates Golf Course, offering breathtaking views and a highly desirable setting for future residents. The property's strategic positioning benefits from a planned major road extension along its eastern border, dramatically improving accessibility and enhancing its appeal. An easement to Corolla Road will further enhance access points. This prime location, coupled with the upcoming infrastructure improvements, makes this an unparalleled investment for developers seeking to capitalize on the growth of Magnolia. The property's size and location make it ideal for multi-family residential development or other high-density projects. Don't miss this chance to acquire a strategically positioned property in one of Magnolia's most sought-after areas. The property is zoned for residential use (verification required by buyer). The 77354 zip code offers convenient access to amenities and major roadways. This is a rare opportunity to secure a substantial land parcel poised for significant appreciation.
Property profile
VerifiedCap rate & NOI
Location
Value estimations
Owner & transaction history
Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
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Value estimation
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from $99/month
Cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
from $99/month
Property description
Physical attributes from public recordsZoning & alternative use
Zoning
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No zoning code is on file for this parcel. Zoning coverage grows with every catalog release — check back, or open Location Intelligence for use analysis of this corner.
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