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Buy landat Magnolia Point Dr, Houston, TX 77336

$1,459,320

$0/mo

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Farm

24.32 Acres lot

0 Bathrooms

793 Days on market

54269596 MLS ID

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About Magnolia Point Dr land

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.
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.

Property details

Property Access

County Maintained

Concrete

House

House: 0

Disclosures

Reports Available

Listing

$60,000 per acre

Location

Area: 32

County: Harris

Subdivision: RANCH AT MAGNOLIA POINT

Lot

20 Up to 50 Acres

24.322 acres

Wooded

Property

Horses Allowed

Unrestricted

Schools

School District: 28 - Huffman

Elementary: Huffman Elementary School (huffman)

Middle: Huffman Middle School

High: Hargrave High School

Sewer

Public Sewer

Public Water

Taxes

Amount: $10

Rate: 2.4592

Year: 2021

Trees

Densely Wooded

Monthly cost

Estimated monthly cost

$10,564/mo

All calculations are estimates and provided for informational purposes only. Actual amounts may vary.

Schools

This home is within the Huffman Independent School District.

Huffman enrollment policy is not based solely on geography. Please check the school district website to see all schools serving this home.

Seller fees & commissions

Home sale price

$

Outstanding mortgage

$

Selling with traditional agent

Selling with Unreal Estate agent

Your total sale proceeds$1,371,761

+$43,780

$1,415,540

Seller agent commission$43,780 (3%)*

$0 (0%)

Buyer agent commission$43,780 (3%)*

$43,780 (3%)*

*Commissions are based on national averages and not intended to represent actual commissions of this property

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State

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Unreal Estate checked: May 2, 2024 at 5:04 p.m.

Data updated: May 12, 2023 at 9:10 a.m.

Courtesy of Sendero Real Estate.
Information herein is deemed reliable but not guaranteed and is provided exclusively for consumers personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All information should be independently verified.
Listing Information © 2024 Houston REALTORS® Information Service, Inc. All Rights Reserved.

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