NOT LISTED FOR SALE

17222 Butera Rd Magnolia, TX 77355

Estimated Value: $505,362

3.2 Acres
$157,926 Price per Acre
139,392 Sq Ft Lot

Last Sold September 13, 2023

Current estimated payment $3,072/month

148 Days on Market

Highlights

  • Horse Property Unimproved
  • Wooded Lot
  • Fenced
  • J.L. Lyon Elementary School Rated 9+

About This Lot

As of September 2023

This 3.2-acre property is an ideal investment opportunity with a large range of possibilities. Located in a fully fenced/gated wooded area, the property includes a 2000 (Rigid brand) metal building that can be transformed into a living space or commercial space. The building's open concept makes it perfect for a workshop/studio, or any other creative venture.One of the best features of this property is the septic system & can accommodate 4-10 campers or a 3 bedroom home. This makes it an ideal location to start an RV business/build a home in a peaceful, natural environment. Additionally, the property has a 200 ft water well, providing a reliable source of water. The unrestricted nature of the property means that there are no limitations on the type of building/business/home that can be developed on the property. It is very attractive to entrepreneurs and people who value autonomy and creativity. The possibilities for this property are numerous.

Last Agent to Sell the Property

Marla Bailey

Compass RE Texas, LLC - The Woodlands License #0638583 Listed on: 03/17/2023

Compass RE Texas, LLC - The Woodlands

Last Buyer's Agent

Rendy Elizalde

Waller County Land Co. License #0472844

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $3,690

Lot Details

  • 3.2 Acre Lot
  • Fenced
  • Wooded Lot

Parking

  • Additional Parking

Home Design

  • 2,000 Sq Ft Home

Schools

  • Nichols Sawmill Elementary School
  • Magnolia Junior High School
  • Magnolia West High School

Utilities

  • Well
  • Aerobic Septic System

Additional Features

  • Horse Property Unimproved
  • Mobile Home Allowed

Community Details

Overview

  • Weir David Subdivision

Recreation

  • Outbuilding

Property Details

Property Type

Land

Est. Annual Taxes

$3,690

Lot Details

0

Listing Details

  • Prop. Type: Land
  • Lot Size Acres: 3.2
  • Road Surface Type: Gravel
  • Subdivision Name: Weir David
  • Garage Yn: No
  • New Construction: No
  • Special Features: None
  • Property Sub Type: LotsLands

Interior Features

  • Possible Use: Horses, Ranch
  • Living Area: 2000.0
  • ResoLivingAreaSource: Builder

Exterior Features

  • Disclosures: None
  • Fencing: Fenced
  • Lot Features: Wooded, Mobile Home Allowed
  • Pool Private: No
  • Other Structures: Outbuilding

Garage/Parking

  • Parking Features: Additional Parking

Utilities

  • Sewer: Aerobic Septic
  • Water Source: Well

Schools

  • Elementary School: NICHOLS SAWMILL ELEMENTARY SCHOOL
  • Junior High Dist: 36 - Magnolia
  • High School: MAGNOLIA WEST HIGH SCHOOL
  • Middle Or Junior School: MAGNOLIA JUNIOR HIGH SCHOOL

Lot Info

  • Horse Amenities: Horses Allowed
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Year: 2022
  • Tax Annual Amount: 3690.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 17, 2023
Closed on
Sep 13, 2023
Sold by
Roberts Kathleen L
Bought by
4 Square Properties Group Llc
Seller's Agent
Marla Bailey
Compass RE Texas, LLC - The Woodlands
Buyer's Agent
Rendy Elizalde
Waller County Land Co.
List Price
$525,000
Views
207
Current Estimated Value
$505,362

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2.45%
Original Mortgage
$384,000
Outstanding Balance
$326,767
Interest Rate
6.9%
Mortgage Type
New Conventional
Estimated Equity
$178,595
Source: Public Records

Range of Values:

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
4 Square Properties Group Llc -- Stewart Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open 4 Square Properties Group Llc $384,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/13/2023 09/13/23 Sold -- -- --
08/12/2023 08/12/23 Pending -- -- --
07/07/2023 07/07/23 Price Changed $495,000 -2.9% $248 / Sq Ft
06/23/2023 06/23/23 Price Changed $510,000 -2.9% $255 / Sq Ft
05/22/2023 05/22/23 For Sale $525,000 0.0% $263 / Sq Ft
04/25/2023 04/25/23 Pending -- -- --
04/12/2023 04/12/23 Price Changed $525,000 -4.5% $263 / Sq Ft
03/17/2023 03/17/23 For Sale $550,000 -- $275 / Sq Ft
Source: Houston Association of REALTORS®

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $4,897 $305,582 $209,088 $96,494
2024 $4,897 $309,358 $209,088 $100,270
2023 $4,922 $311,750 $209,090 $102,660
2022 $3,690 $209,090 $209,090 $0
2021 $2,980 $160,300 $160,300 $0
Source: Public Records

Agents Affiliated with this Home

  • Marla Bailey

    Seller's Agent in 2023

    Marla Bailey

    Compass RE Texas, LLC - The Woodlands

    (281) 292-4718

    77 Total Sales

    Marla Bailey
    Section Image
  • Rendy Elizalde

    Buyer's Agent in 2023

    Rendy Elizalde

    Waller County Land Co.

    (713) 806-2830

    115 Total Sales

    Rendy Elizalde
    Section Image
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Map

Source: Houston Association of REALTORS®

MLS Number: 35107867

Houston Association of REALTORS®

APN: 0609-00-00715

Texas Montgomery County Magnolia 77355

17222 Butera Rd, Magnolia, TX

Not Listed for Sale

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