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General Description
minimizeCOMMERCIAL! 1.84 ACRES, (TRACT 2) APPROX 340 FT OF COMMERCIAL FRONTAGE ON FM 1488. LOCATED ON CORNER OF 1488 AND CREEKSIDE- COUNTRY FOREST SUBDIVISION ENTRANCE. WATER WELL AND SEPTIC AVAILABLE. 4 MILES FROM AGGIE EXPRESSWAY AND 1.5 MILES FROM 60 ACRE COMMERCIAL DEVELOPMENT AT 149 SPUR. ADDITIONAL TRACT MAY BE AVAILABLE- PICS COMING SOON!
MLS#:
62266025 (HAR)
Sold Price Range:
$627,001 - $717,000
Listing Status:
Sold
Address:
11150 Fm 1488 Road
City:
Magnolia
State:
TX
Zip Code:
County:
Subdivision:
Legal Description:
S349502 - COUNTRY FOREST 02, LOT 42, RES B, SERIAL # TXFLW12
Property Type:
Lots
Lot Size:
1.84 Acres /Other
Maintenance Fee:
$ 100 / Annually
Key Map©:
214F
Market Area:
Rooms/Lot Dimensions
Lot Dim (F):
340
Exterior Features
Lot Description:
Can Be Subdivided
Cable:
Available
Water Sewer:
Other Water/Sewer, Septic Tank, Well
Phone:
Available
Electric:
Electric Available
Gas:
Gas Available
Unit Location:
Can Be Subdivided
Additional Information
List Type:
Exclusive Right to Sell/Lease
Buyer Agent Compensation*:
3%
Sub Agent Compensation*:
0%
Financial Information
Financing Considered:
Cash Sale, Conventional
Other Fees:
Yes / 250 / TRANSFER
Maintenance Fee:
Yes / $100 / Annually
Taxes w/o Exemp:
$2, 952/2020
Tax Rate:
2.0237
Selling Agent and Brokerage
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Property Tax
minimizeMarket Value Per Appraisal District
Cost/sqft based on Market Value
| Tax Year | Cost/sqft | Market Value | Change | Tax Assessment | Change |
|---|---|---|---|---|---|
| 2023 | $-- | $639,130 | -0.20% | $639,130 | 262.05% |
| 2022 | $-- | $640,430 | 16.69% | $176,530 | 10.00% |
| 2021 | $-- | $548,850 | 276.21% | $160,480 | 10.00% |
| 2020 | $-- | $145,890 | -3.28% | $145,890 | -3.28% |
| 2019 | $-- | $150,830 | 7.46% | $150,830 | 7.46% |
| 2018 | $-- | $140,360 | -0.57% | $140,360 | 0.73% |
| 2017 | $-- | $141,160 | 3.43% | $139,340 | 10.00% |
| 2016 | $-- | $136,480 | 3.54% | $126,670 | 10.00% |
| 2015 | $-- | $131,810 | 25.92% | $115,150 | 10.00% |
| 2014 | $-- | $104,680 | 0.00% | $104,680 | 0.00% |
| 2013 | $-- | $104,680 | 0.00% | $104,680 | 0.00% |
| 2012 | $-- | $104,680 | $104,680 |
2023 Montgomery County Appraisal District Tax Value
| Market Land Value: | $626,600 |
| Market Improvement Value: | $12,530 |
| Total Market Value: | $639,130 |
2023 Tax Rates
| EMERGENCY SVC DIST 10: | 0.0852 % |
| MONTGOMERY COUNTY: | 0.3742 % |
| MONTGOMERY CO HOSPITAL: | 0.0502 % |
| LONE STAR COLLEGE: | 0.1078 % |
| MAGNOLIA ISD: | 1.1472 % |
| Total Tax Rate: | 1.7646 % |
Estimated Mortgage/Tax
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$3,995 Monthly
| Estimated Monthly Principal & Interest (Based on the calculation below) | $ 3,055 |
| Estimated Monthly Property Tax (Based on Tax Assessment 2023) | $ 940 |
| Home Owners Insurance | Get a Quote |
Subdivision Facts
minimize2023 Subdivision Facts
Subdivision Name:
Country Forest
County / Zip Code:
77354
Single Family Properties:
53
Average Bedrooms:
3.00
Average Baths:
2.65
Median Square Ft.:
2,194
Median Lot Square Ft.:
84,942
Median Year Built:
1997
Median Appraised Value:
$379,770
Neighborhood Value Range:
$230 - $614 K
Median Price / Square ft.:
$241.05
View Price Trends for Country Forest
Schools
minimizeSchool 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
Good |
View Nearby Schools ↓
Property Map
minimize11150 Fm 1488 Road Magnolia TX 77354 was recently sold. It is a 1.84 Acre(s) Lot, in Country Forest 02.
View all homes on Fm 1488
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