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General Description
minimizeIdeal mixed-use development opportunity less than 5 minutes(1.6 miles) to the on-ramp of the Aggie Expressway. Strategic location within the Magnolia ETJ and less than 3.5 miles east from downtown Magnolia along highly trafficked FM 1488. Multiple curb cuts for access across the frontage. Numerous single-family residential developments underway with many commercial plans approved. Future opportunities for annexation into the City of Magnolia. Priced to Sell.
Exterior Features
Additional Information
Financial Information
Selling Agent and Brokerage
minimizeProperty Tax
minimizeMarket Value Per Appraisal District
Cost/sqft based on Market Value
| Tax Year | Cost/sqft | Market Value | Change | Tax Assessment | Change |
|---|---|---|---|---|---|
| 2023 | $-- | $5,787,790 | 0.00% | $324,760 | -8.80% |
| 2022 | $-- | $5,787,790 | 11.11% | $356,110 | -3.70% |
| 2021 | $-- | $5,209,010 | 5.88% | $369,780 | -7.82% |
| 2020 | $-- | $4,919,620 | 21.43% | $401,130 | 5.95% |
| 2019 | $-- | $4,051,450 | 0.00% | $378,620 | 8.28% |
| 2018 | $-- | $4,051,450 | $349,680 |
2023 Waller County Appraisal District Tax Value
| Market Land Value: | $5,787,790 |
| Market Improvement Value: | $0 |
| Total Market Value: | $5,787,790 |
2023 Tax Rates
| WALLER-HARRIS ESD 200: | 0.0863 % |
| WALLER COUNTY: | 0.4987 % |
| WALLER COUNTY FM: | 0.0243 % |
| WALLER ISD: | 1.1092 % |
| Total Tax Rate: | 1.7184 % |
Estimated Mortgage/Tax
minimize| Estimated Monthly Principal & Interest (Based on the calculation below) | $ 22,916 |
| Estimated Monthly Property Tax (Based on Tax Assessment 2023) | $ 465 |
| Home Owners Insurance | Get a Quote |
Subdivision Facts
minimizeFacts (Based on Active listings)
Schools
minimizeSchool information is computer generated and may not be accurate or current. Buyer must independently verify and confirm enrollment. Please contact the school district to determine the schools to which this property is zoned.
ASSIGNED SCHOOLS
Average |
Good | 
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Property Map
minimize0 FM 1488 Magnolia TX 77355 was recently sold. It is a 24.71 Acre(s) Lot, in none.
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