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Sold 77355 Magnolia

24313 Fm 1488 Road

Magnolia, TX 77355

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Sold

$627,001 - $717,000

Sold on December 03, 2021

Track Home Value

5.17 Lot Acres

Country Homes/Acreage

285 Day(s) on Market

Home value comparables

Using a REALTOR is the best way to determine the market price of a home. Start this process by viewing the third-party valuations and then contact a Realtor to determine a reasonable purchase price for a home.

Current Valuations

Home Value Comparables

AVM Value $767K	AVM Value $412K
Value Range $652K - $890K	Value Range $ 412,140
Confidence Score NA	Confidence Score NA

$767K

$412K

Limitations: This represents an estimated sales price for this property. It is not the same as the opinion of value in an appraisal developed by a licensed appraiser under the Uniform Standards of Professional Appraisal Practice. The values do not include a physical or visual inspection of the subject property. User shall not use the values in lieu of an appraisal by a licensed appraiser or as a basis for making any financial decision.

Zestimate Home Values are provided by Zillow, Inc. Use is subject to Zillow Terms of Use and are provided as-is, as-available.

Description

Looking for an investment? Look no further! 5.1762 acres located approximately 3 miles from downtown Magnolia, 6 miles from Texas Renaissance Festival, and only 5 miles to the new Hwy 249 expansion with 420' of FM 1488 frontage. This area is BOOMING with new residential developments and expansions like Williams Trace located nearby. This property was once an RV Park that was lost in the 2011 wildfire that tore through Magnolia. Property has 13 RV hookups, 2 culverts for easy entrance and exit on to FM 1488, a 30x60 concrete slab where a shop once sat, former laundromat and bath house, along with 2 aerobic systems and onsite water well. All above ground improvements were destroyed from the fire giving you every opportunity to customize this property to your liking! Currently, a 4 bedroom mobile home is on site that is in need of extensive repair. Property is located in Waller County with a low tax rate of 2.13%.Come see what endless possibilities this investment has before its gone!

MLS#

8346994

Sold Price Range

$627,001 - $717,000

Listing Status

Sold

Address

24313 Fm 1488 Road

City

Magnolia

State

Zip Code

77355

County

Waller County

Subdivision

William Berryman

Legal Description

ABS A340000 A-400 WILLIAM BERRYMAN TRACT 3 ACRES 3.639 P/O 5

Property Type

Country Homes/Acreage

Land Use

Cattle Ranch,Horse Farm,Horses Allowed,Leisure Ranch,Mobile Home Allowed,Other,Unrestricted

Lot Size

5.17 Lot Acres./Appraisal District

Road Frontage

Farm to Market

Market Area

Hockley

Property website

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view

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directions

PRESENTED BY

Evan Ballew Platinum

Top Guns Realty on Lake Conroe

Call

Exterior

Foundation

Slab

Private Pool

Water Sewer

Aerobic, Well

Road Surface

Asphalt

Area Pool

Tree Description

Partial Coverage

Lot information

Lot Size

5.17 Lot Acres /Appraisal District

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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, Investor

Other Fees

Maintenance Fee

Taxes w/o Exemp

$1,862/2019

Tax Rate

2.1322

Additional information

List Type

Exclusive Right to Sell/Lease

Buyer Agent Compensation*

Sub Agent Compensation*

*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

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Listing Tax	Numbers
Principal & Interest	2,841
Taxes	1,242

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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.