Property summary
Looking to build your dream home on 20 unimproved acres located 2 miles from Old Magnolia.This unique property is partially located in the Woodland Lakes subdivision (5.80 acres-deed restricted) allowing you use of their amenities.The other 14.74 acres is unrestricted (hunting allowed).Please do your due diligence as part of this property is located in the floodplain/floodway but still plenty of high dry land with numerous building sites. Slight rolling terrain a mixture of Hardwood Pine trees. Imagine sitting on your porch watching the wildlife roam. Purchased in 2023 included are a 30x14 30x12 utility building's a 30x20 carport with a 30x12 lean to. Per seller the property is fenced on 3 sides. You will need to install a well septic, electricity is available buyer will need to pay to bring onto property. TWO MCAD tax records - R189575 is 5.80 acres / R46330 is 14.74 acres. Buyer to purchase a survey.
Property profile
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Comparables
6 recent transactions · within 1.5 miComparable in this City
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Value estimation
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Cap rate
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Property description
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