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General Description

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1.9 acre property with a large industrial metal HVAC building - approximately 4,000 sq. ft - along with office space - 384 sq. ft. Buyer will need to verify dimensions. Positioned South of the Woodlands Parkway with high traffic count, commercially zoned, highest and best use for retail, office, commercial, medical, restaurant, etc. 142.73 feet of road frontage, along with flat elevation, cleared in the front of property with concrete pad/parking and wooded in the back portion of the property. Outside the 100 and 500 year flood plain per Montgomery county and FEMA flood plain maps. For development, Montgomery County is the jurisdiction for permitting. This is an ideal location and property prime for development or even to HOLD for future sale.

MLS#:

75396506 (HAR)

Sold Price Range:

$947,001 - $1,082,000

Listing Status:

Sold

Address:

29828 Fm 2978 Rd

City:

Magnolia

State:

Zip Code:

77354

County:

Montgomery County

Subdivision:

Brown James

Legal Description:

A0078 BROWN JAMES, TRACT 22-C, ACRES 1.910

Property Type:

Lots

Lot Size:

1.91 Acres /Appraisal District

Key Map©:

215X

Market Area:

Magnolia/1488 East

Rooms/Lot Dimensions

Lot Dim (F):

143

Lot Dim (B):

174

Lot Dim (L):

516

Lot Dim (R):

584

Exterior Features

Lot Description:

Level, Partially Wooded, Wooded

Controlled Access:

Driveway Gate

Cable:

Available

Water Sewer:

Septic Tank, Well

Phone:

Available

Electric:

Electric Available

Gas:

Gas Available

Road Surface:

Concrete

Area Pool:

Additional Information

HOA Mandatory:

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.

Financial Information

Financing Considered:

Cash Sale, Conventional, Investor, Seller to Contribute to Buyer's Closing Costs

Other Fees:

Maintenance Fee:

Taxes w/o Exemp:

$6, 380/2023

Tax Rate:

1.7646

Selling Agent and Brokerage

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Selling Agent

Linda Mae Villarreal

Click to view phone

Selling Broker

Amigos Realty

28118 Indigo Lake Ct
Magnolia, TX 77355

Want to know how much is this home worth?

Request Home Value

Property Tax

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Cost/sqft based on Market Value

Tax Year	Cost/sqft	Market Value	Change	Tax Assessment	Change
2023	$--	$361,570	-1.46%	$361,570	-1.46%
2022	$--	$366,920	15.85%	$366,920	15.85%
2021	$--	$316,730	86.96%	$316,730	86.96%
2020	$--	$169,410	0.00%	$169,410	0.00%
2019	$--	$169,410	22.87%	$169,410	22.87%
2018	$--	$137,880		$137,880

2023 Montgomery County Appraisal District Tax Value

Market Land Value:	$166,400
Market Improvement Value:	$195,170
Total Market Value:	$361,570

montgomery County Appraisal District

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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$4,542 Monthly

Estimated Monthly Principal & Interest (Based on the calculation below)	$ 4,010
Estimated Monthly Property Tax (Based on Tax Assessment 2023)	$ 532532
Home Owners Insurance	Get a Quote

List Price

Loan Term

Months

Years

Down Payment

Annual Interest Rate

Estimated Monthly Principal & Interest

Calculate View Amortization Table

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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Facts (Based on Active listings)

Market Area Name:

Magnolia/1488 East

Home For Sales:

424

Average List Price:

$568,541

Average Bedrooms:

3.65

Average Baths:

2.51

Average Square Ft.:

2,651

Average Price/Square Ft.:

$200.90

Home For Lease:

112

Average Lease :

$2,539

Average Lease/Square Ft.:

$1.37

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.