Property profile

23707 Sanders Cemetery Rd Magnolia, TX 77355

FOR SALE
Horse & equestrian properties
Property ID
US83-2339104
2,412 SF Built 2002
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Property summary

AI-generated overview

This property consists of 11.11 acres of AG-exempt unrestricted land featuring a two-story home with three bedrooms and two and a half bathrooms. The house has luxury vinyl plank flooring throughout and quartz countertops in the kitchen. The property operates on a well and septic system and has no (MUD) taxes. Additionally, the 80X100 foot barn is equipped with five horse stalls, a tack room, a workshop, and a wash rack, offering ample space for trailers, tractors, and other storage needs. The property includes a fully lit arena measuring 160 feet by 330 feet and a pond located at the front. The entire area is fully fenced with pipe fencing featuring two remotely controlled entry gates. Situated on a corner lot, this property has excellent potential for commercial development, with access to both Grand Pines Drive and Sanders Cemetery Road. DR Horton Grand Pines subdivision is directly across the street. Magnolia ISD has purchased land on Grand Pines to construct two new schools.

Property profile

Verified
Property type Horse & equestrian properties
Year built 2002
Total area 2,412 SF
UPID US83-2339104

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

23707 Sanders Cemetery Rd Magnolia, TX 77355
Magnolia metro
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Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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