0 Magnolia Point Dr

Houston, TX 77336
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24.32 Lot Acres
Country Homes/Acreage

Audio narrative

Description

This 24-acre tract is located east of Lake Houston in the quickly growing FM 2100 corridor in Huffman, TX. The tract is situated just south of The Commons of Lake Houston, a 3,000+ acre, waterfront community with home prices ranging from $350k-$1M+. The wooded tract is located within the city limits of the City of Houston and is served by public utilities along Magnolia Point Dr and Shore Shadows Dr. The tract is not located within the 100- or 500-year flood plain. It corresponds to Huffman ISD and is within a short drive to the newly built Falcon Ridge Elementary School. The land is suitable and ideal for residential development with several new developments coming online in the immediate area. The northeast Houston area has an underserved need for affordable residential developments due to the surge of home prices along the West Lake Houston corridor.

Documents
MLS#
54269596
List Price
$1,459,320
Listing Status
For Sale
Address
0 Magnolia Point Dr
City
State
TX
Zip Code
County
Subdivision
RANCH AT MAGNOLIA POINT
Legal Description
RES D BLK 3 (LANDSCAPE/OPEN SPACE) RANCH AT MAGNOLIA POINT
Property Type
Country Homes/Acreage
Land Use
HRSAL,OTHER,UNRST
Lot Size
24.32 Lot Acres/Survey
Road Frontage
County Maintained
Market Area

Exterior

Private Pool
No
Lot Description
Wooded
Water Sewer
Public Sewer, Public Water
Road Surface
Concrete
Tree Description
Densely Wooded

Lot information

Lot Size
24.32 Lot Acres /Survey
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Disclaimer: Lot configuration and dimensions are estimates, not based on personal knowledge and come from a third party (Digital Map Products); therefore, you should not rely on the estimates and perform independent confirmation as to their accuracy

Financial

Financing Considered
Cash Sale, Conventional
Other Fees
No
Maintenance Fee
No
Taxes w/o Exemp
$10/2021
Tax Rate
2.4592

Additional information

List Type
Exclusive Right to Sell/Lease
Buyer Agent Compensation*
3%
Sub Agent Compensation*
0%

*Disclaimer: Listing broker's offer of compensation is made only to participants of the MLS where the listing is filed.

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Property tax

Cost/Sqft based on tax value

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Mortgage

Create and estimate your monthly mortgage payment and property taxes, based on past rates.

Estimated Monthly Payments

DOWN PAYMENT
Loan Term
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Full Page
Presented by TimeValue Software ©2021
Principal & InterestTaxes30.4%69.6%
Listing TaxNumbers
Principal & Interest2,841
Taxes1,242
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Subdivision Facts

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Market update video

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Schools

School 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

Nearby schools view nearby schools

Source

Houston Association of REALTORS
Source last updated May 29, 2024 at 02:55 AM
Listing last updated Apr 11, 2024 at 12:57 PM

0 Magnolia Point Dr, Houston, TX 77336. View photos, map, tax, nearby homes for sale, home values, school info...

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