118 Commerce St

Magnolia, TX 77355
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28,200 Lot Sqft
Lots

Audio narrative

Description

Perfect opportunity to purchase land right in the heart of up and coming Downtown Magnolia! This little over 1/2 acre Corner Lot (.6474 ac) is located on The Stroll, Magnolia's version of a shopping/dining experience. Lots of exposure for the lot with the many festivals Magnolia has on The Stroll. Buyer to contact the City of Magnolia to verify all uses, utilities and restrictions. 8 lots in all!

MLS#
80912529
List Price
$350,000
Listing Status
For Sale
Address
118 Commerce St
City
State
TX
Zip Code
Subdivision
Magnolia Melton
Legal Description
S712000 - MAGNOLIA MELTON, BLOCK 9, LOT 15, 16
Property Type
Lots
Lot Size
28,200 Sqft./Appraisal District
Market Area

Exterior

Lot Description
Corner
Cable
Unknown
Water Sewer
Public Sewer, Public Water
Phone
Unknown
Electric
Electric Available
Gas
Availability Unknown
Road Surface
Asphalt

Financial

Financing Considered
Cash Sale, Investor
Other Fees
No
Maintenance Fee
No
Taxes w/o Exemp
$1,107/2022
Tax Rate
2.1398

Additional information

HOA Mandatory
No
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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Down Payment Assistance

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

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Source

Houston Association of REALTORS
Source last updated May 01, 2024 at 10:02 PM
Listing last updated Mar 07, 2024 at 02:37 PM

118 Commerce St, Magnolia, TX 77355. View photos, map, tax, nearby homes for sale, home values, school info...

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