$1,762,500
SOLD OCT 13, 2023
Last list price

TBD Fm 1488 Rd Magnolia, TX 77354

2.89 Acres
$609,440 Price per Acre
125,976 Sq Ft Lot

Recently Sold

812 Days on Market

Highlights

  • Wooded Lot
  • Magnolia Parkway Elementary School Rated A-
  • Corner Lot

About This Lot

As of October 2023

Situated in the heart of Magnolia along one of the highest trafficked roads in Montgomery county (FM 1488), this pristine tract is priced competitively and won't last long. Encompassing 2 combined lots totaling just under 3 acres worth of direct frontage on 1488, this property boasts a prime location with limitless potential for a retail center, restaurant, and anything between! Schedule a private tour today!

Last Agent to Sell the Property

Adam Olsen

eXp Realty, LLC License #0642075 Listed on: 06/23/2021

eXp Realty, LLC

Last Buyer's Agent

Abbie Holland

Holland Homes License #0577913

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $5,327

Lot Details

  • 2.89 Acre Lot
  • Corner Lot
  • Wooded Lot

Schools

  • Magnolia Parkway Elementary School
  • Bear Branch Junior High School
  • Magnolia High School

Utilities

  • Not Connected to Water Source
  • Sewer Not Available

Community Details

  • Country Forest Subdivision

Property Details

Property Type

Land

Est. Annual Taxes

$5,327

Lot Details

0

Listing Details

  • Directions: From Magnolia: Head northeast on Buddy Riley Blvd toward Melton St for 0.9 miles. Turn right onto Farm to Market Rd 1488 E and continue 6.4 miles. Property on L with sign.
  • Prop. Type: Land
  • Lot Size Acres: 2.892
  • Road Surface Type: Concrete
  • Subdivision Name: Country Forest
  • Special Features: VirtualTour
  • Property Sub Type: LotsLands

Interior Features

  • Possible Use: Other

Exterior Features

  • Disclosures: None
  • Lot Features: Corner Lot, None, Other, Wooded

Utilities

  • Utilities: Electricity Available
  • Sewer: None
  • Water Source: None

Schools

  • Elementary School: MAGNOLIA PARKWAY ELEMENTARY SCHOOL
  • Junior High Dist: 36 - Magnolia
  • High School: MAGNOLIA HIGH SCHOOL
  • Middle Or Junior School: BEAR BRANCH JUNIOR HIGH SCHOOL

Lot Info

  • Additional Parcels Description: 3495-00-04405
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Year: 2020
  • Tax Annual Amount: 5327.0

Range of Values:

Collateral Analytics

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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

Property History

Date Event Price Change Sq Ft Price
03/11/2025 03/11/25 For Sale $549,900 -66.7% --
01/22/2025 01/22/25 For Sale $1,650,000 +26.9% --
10/13/2023 10/13/23 Sold -- -- --
09/13/2023 09/13/23 Pending -- -- --
08/07/2023 08/07/23 Price Changed $1,300,000 -6.8% --
06/12/2023 06/12/23 Price Changed $1,395,000 -7.0% --
10/10/2022 10/10/22 Price Changed $1,500,000 -14.9% --
06/23/2021 06/23/21 For Sale $1,762,500 -- --
Source: Houston Association of REALTORS®

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

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Map

Source: Houston Association of REALTORS®

MLS Number: 4732542

Houston Association of REALTORS®