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7307 FM 1488 Magnolia, TX 77354 Directions

Sold

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40,000 Lot Sqft.
Lots
131 Day(s) on HAR.com
Directions Drive Time

General Description

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Location, location, location! BUILD YOUR BUSINESS HERE! Close to main intersection at FM 1488 & Fm 2978. Two lots sold as one parcel - lots could be used separately. Fully fenced but fencing is set back 5 feet within property boundaries on the rear and left/right sides. Fast growing area with a need for ever-expanding commercial opportunities. Area is thriving with many large business in the area (Home Depot, Walmart, HEB, Kroger, Target, etc.}. Not in flood area.

MLS#:
33965228 (HAR)
Sold Price Range:
$482,001 - $552,000
Listing Status:
Sold
Address:
7307 FM 1488
City:
Magnolia
State:
TX
Zip Code:
77354
County:
Montgomery County
Subdivision:
Westwood 01 (View subdivision price trend)
Legal Description:
WESTWOOD 01, BLOCK 1, LOT 76 & 77
Property Type:
Lots
Lot Size:
40,000 Sqft. /Appraisal District
Maintenance Fee:
$ 450 / Annually
Key Map©:
215L
Market Area:
Magnolia/1488 East


Rooms/Lot Dimensions

Lot Dim (F):
160
Lot Dim (B):
160
Lot Dim (L):
250
Lot Dim (R):
250



Exterior Features

Lot Description:
Can Be Subdivided, Level
Controlled Access:
Driveway Gate
Cable:
Available
Water Sewer:
Other Water/Sewer
Phone:
Available
Electric:
Electric Available
Gas:
Gas Available
Road Surface:
Asphalt
Unit Location:
Can Be Subdivided, Level


Additional Information

List Type:
Exclusive Right to Sell/Lease
HOA Mandatory:
Yes
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.


Financial Information

Financing Considered:
Cash Sale, Conventional, Investor
Other Fees:
Yes / 500 / Transfer fee
Maintenance Fee:
Yes / $450 / Annually
Taxes w/o Exemp:
$3, 393/2018
Tax Rate:
2.1204


Selling Agent and Brokerage

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Selling Agent

Greg Slusky
Transactions/Profile

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Selling Broker

Sluco Realty Services
Transactions/Profile

1305 W. 11th Street #106
Houston, TX 77008

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Property Tax

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Neighborhood Tax Rates for Westwood (magnolia)
Tax Type Tax Name Tax Rate
COMMUNITY COLLEGE DISTRICT LONE STAR COLLEGE 0.1078%
COUNTY MONTGOMERY COUNTY 0.3742%
EMERGENCY SERVICES DISTRICT EMERGENCY SVC DIST 10 0.0852%
HOSPITAL DISTRICT MONTGOMERY CO HOSPITAL 0.0502%
INDEPENDENT SCHOOL DISTRICT MAGNOLIA ISD 1.1472%
Specific Tax Rates for this property are unavailable at this time. Tax Rates shown represent rates applicable within Westwood (magnolia), individual properties will vary. Certain entities such as MUD, ESD, and School district may vary across a neighborhood and individual properties are generally serviced by only one o

Estimated Mortgage/Tax

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$2,288 Monthly
Estimated Monthly Principal & Interest (Based on the calculation below) $ 2,288
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Years
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Use this mortgage calculator to create and estimate your monthly mortgage payment(principal and interest) and estimates for property taxes(based on past rates).

Subdivision Facts

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2023 Subdivision Facts

Subdivision Name:
Westwood (Magnolia)
County / Zip Code:
77354
Single Family Properties:
1,507
Average Bedrooms:
Average Baths:
2.49
Median Square Ft.:
2,169
Median Lot Square Ft.:
20,000
Median Year Built:
2002
Median Appraised Value:
$357,620
Neighborhood Value Range:
$282 - $463 K
Median Price / Square ft.:
$192.90

View Price Trends for Westwood (magnolia)

Schools

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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
Bear Branch Elementary School Elementary . EE - 04 . MAGNOLIA ISD
Good |
Bear Branch Junior High School Middle . 07 - 08 . MAGNOLIA ISD
Good |
Magnolia High School High . 09 - 12 . MAGNOLIA ISD
Good |

View Nearby Schools ↓

7307 FM 1488 Magnolia TX 77354 was recently sold. It is a 0.92 Acre(s) Lot, in Westwood 01.

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Patricia Noble
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HomeSmart
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