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$299,000

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CONTACT

This home is in the heart of Magnolia and sits on a large .792+/- acres. Conveniently located in the town center and could be used as a small retail shopping, bed & breakfast, home business, etc. The City must approve any small business that would like this location. Backs up to the Stroll, which is intended as a walkable retail shopping and entertainment area. Carport. Great location in the City of Magnolia, close to shopping, schools, and churches. So much potential to rebuild for your small business that suits your needs. Although it was used as residential, it was rezoned as Town Center. It can not be used as residential, only a small business. Home is sold "as is".

Days on Market: 3 Day(s)

General Description

MLS#:

7175016 (HAR)

Listing Price:

$ 299,000 ($190.20/sqft.)
$Convert

Listing Status:

For Sale

Address:

306 Commerce St

City:

Magnolia

State:

TX

Zip Code:

77355

County:

Montgomery County

Subdivision:

Magnolia Melton

Legal Description:

MAGNOLIA MELTON, BLOCK 7, LOT 11-20, ACRES 0.792

Property Type:

Single-Family

Bedrooms:

2 Bedroom(s)

Baths:

1 Full & 1 Half Bath(s)

Stories:

1

Style:

Traditional

Year Built:

1966 / Appraisal District

Building Sqft.:

1,572146(m²) /Appraisal District

Lot Size:

34,500 Sqft.3,205(m²) /Appraisal District

Key Map©:

212N

Market Area:

Magnolia/1488 West

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Room Dimension

Family Room:

17x19, 1st

Dining:

14x12, 1st

Primary Bedroom:

13x11, 1st

Bedroom:

9x12, 1st

Home Office/Study:

11x14, 1st

Interior Features

Fireplace:

1/Wood Burning Fireplace

Floors:

Carpet, Laminate

Bedroom Description:

All Bedrooms Down

Room Description:

Formal Dining, Home Office/Study

Cooling:

Central Electric

Heating:

Central Electric

Connections:

Electric Dryer Connections, Washer Connections

Range:

Electric Range

Oven:

Single Oven

Energy Feature:

Ceiling Fans

Exterior Features

Roof:

Composition

Foundation:

Slab

Private Pool:

No

Exterior Type:

Brick

Lot Description:

Cleared

Water Sewer:

Public Sewer, Public Water

Exterior:

Fully Fenced

Lot Information

  Lot Size: 34,500 Lot Sqft./Appraisal District

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

Assigned School Information

District:	Magnolia ISD
Elementary School:	Magnolia Elementary School Good |
Middle School:	Magnolia Junior High School Good |
High School:	Magnolia West High School Good |

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.

Listing Broker: Carswell Real Estate Co. Inc.
Email Listing Broker

Last updated as of: 06/22/2024

Property Tax

Market Value Per Appraisal District

Cost/Sqft based on Market Value

Tax Year	Cost/sqft	Market Value	Change	Tax Assessment	Change
2023	$118.47	$186,230	-1.40%	$124,450	10.00%
2022	$120.15	$188,880	13.45%	$113,140	10.00%
2021	$105.91	$166,490	70.78%	$102,850	10.00%
2020	$62.02	$97,490	14.69%	$93,500	10.00%
2019	$54.07	$85,000	-1.79%	$85,000	-1.79%
2018	$55.06	$86,550	0.00%	$86,550	0.00%
2017	$55.06	$86,550	0.00%	$86,550	0.00%
2016	$55.06	$86,550	0.00%	$86,550	5.02%
2015	$55.06	$86,550	-1.77%	$82,410	10.00%
2014	$56.05	$88,110	29.36%	$74,920	10.00%
2013	$43.33	$68,110	0.00%	$68,110	0.00%
2012	$43.33	$68,110		$68,110

2023 Montgomery County Appraisal District Tax Value
Market Land Value:	$103,500
Market Improvement Value:	$82,730
Total Market Value:	$186,230

2023 Tax Rates
MAGNOLIA:	0.2948 %
EMERGENCY SVC DIST 10:	0.0879 %
MONTGOMERY COUNTY:	0.3696 %
MONTGOMERY CO HOSPITAL:	0.0498 %
LONE STAR COLLEGE:	0.1076 %
MAGNOLIA ISD:	0.9638 %
Total Tax Rate:	1.8735 %

 

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$ 1,336Monthly

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$ 1,142

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$ 194

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