Property summary
This exceptional 11.08-acre unrestricted land parcel presents a compelling investment opportunity in the rapidly growing Decker Prairie area of Magnolia, Texas. Located at 26548 FM 2978, the property boasts significant frontage: approximately 583 feet on FM 2978 and approximately 223 feet on Huffsmith-Conroe Road. Its strategic location offers easy access to major thoroughfares and is less than a quarter-mile south of the North Grove Master-Planned Community, a substantial development encompassing approximately 600 acres and projected to include around 900 homes upon completion. The proximity to The Woodlands further enhances its appeal. The asking price is $1,568,595, translating to a land value of $3.25 per square foot. The property is being sold "as is," and owner financing may be available. This versatile tract is ideal for a variety of commercial or industrial uses, making it an attractive prospect for developers and investors seeking a foothold in this thriving Texas market. The property is zoned unrestricted, providing flexibility for future development plans. This presents a rare opportunity to acquire a significant land holding in a high-growth area with excellent access and visibility. Don't miss this chance to secure a prime piece of Texas real estate.
Property profile
VerifiedCap rate & NOI
Location
Value estimations
Owner & transaction history
Comparables
6 recent transactions · within 1.5 miComparable in this City
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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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