Property summary
This exceptional 23-acre residential land parcel presents a unique opportunity for developers seeking a prime location in a rapidly expanding market. Situated in Magnolia, Texas, within Montgomery County, this property boasts excellent accessibility, with close proximity to major thoroughfares including SH 249, FM 2978, and the Grand Parkway (99). The site is zoned to Magnolia ISD, a highly desirable school district. A significant portion of the land lies outside the 500-year floodplain, minimizing development risk. The area experiences high demand for housing, reflected in a low average days on market, and enjoys a strong average household income of $112,326. This translates to a robust market for residential development. The property's strategic location offers easy commutes: 3 minutes to FM 2978, 9 minutes to FM 1488-Egypt, 10 minutes to SH 249, and 12 minutes to the Grand Parkway. The address is 200 Wilderness Trail, Magnolia, TX 77354. This is an ideal site for a variety of residential projects, capitalizing on the current housing shortage and strong market conditions. The property's size and location make it an attractive investment for those seeking significant returns in a thriving Texas community.
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
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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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