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General Description
minimizeGreat Location! High traffic area, Retail Land .495 acre of frontage on FM 1488 including income producing billboard. Adjoining 1.9697 acres are also currently for sale. Property is located 0.3 miles to Del Webb, 1.5 miles to FM 2978, 1.5 miles to Kuykendahl Rd, 2.1 miles to FM 242 and 5.3 Miles to I-45. Great location. Currently being used for auto sales lot.
MLS#:
28650324 (HAR)
Sold Price Range:
$325,001 - $370,000
Listing Status:
Sold
Address:
5139 Fm 1488 Road
City:
Magnolia
State:
TX
Zip Code:
County:
Subdivision:
TAYLOR THOMAS
Legal Description:
A0546 - TAYLOR THOMAS, TRACT 37-A, ACRES 0.495
Property Type:
Lots
Lot Size:
21,562 Sqft. /Appraisal District
Key Map©:
216J
Market Area:
Rooms/Lot Dimensions
Lot Dim (F):
96
Lot Dim (B):
100
Lot Dim (L):
206
Lot Dim (R):
207
Exterior Features
Lot Description:
Open
Cable:
Available
Water Sewer:
Septic Tank
Phone:
Available
Electric:
Electric Available
Gas:
Availability Unknown
Road Surface:
Asphalt
Unit Location:
Open
Additional Information
List Type:
Exclusive Right to Sell/Lease
Buyer Agent Compensation*:
3%
Sub Agent Compensation*:
3%
Financial Information
Financing Considered:
Cash Sale, Conventional
Other Fees:
No
Maintenance Fee:
No
Taxes w/o Exemp:
$4, 777/2018
Tax Rate:
2.1139
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 | $-- | $240,360 | -0.26% | $240,360 | -0.26% |
| 2022 | $-- | $240,990 | 5.12% | $240,990 | 5.12% |
| 2021 | $-- | $229,250 | 1.60% | $229,250 | 1.60% |
| 2020 | $-- | $225,640 | -0.02% | $225,640 | -0.02% |
| 2019 | $-- | $225,680 | -0.14% | $225,680 | -0.14% |
| 2018 | $-- | $226,000 | $226,000 |
2023 Montgomery County Appraisal District Tax Value
| Market Land Value: | $215,620 |
| Market Improvement Value: | $24,740 |
| Total Market Value: | $240,360 |
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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$1,877 Monthly
| Estimated Monthly Principal & Interest (Based on the calculation below) | $ 1,524 |
| Estimated Monthly Property Tax (Based on Tax Assessment 2023) | $ 353 |
| Home Owners Insurance | Get a Quote |
Subdivision Facts
minimizeFacts (Based on Active listings)
Market Area Name:
Magnolia/1488 East
Home For Sales:
446
Average List Price:
$557,819
Average Bedrooms:
3.67
Average Baths:
2.57
Average Square Ft.:
2,643
Average Price/Square Ft.:
$197.84
Home For Lease:
103
Average Lease :
$2,593
Average Lease/Square Ft.:
$1.36
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
Excellent | 
Good | View Nearby Schools ↓
Property Map
minimize5139 Fm 1488 Road Magnolia TX 77354 was recently sold. It is a 0.50 Acre(s) Lot, in TAYLOR THOMAS.
View all homes on Fm 1488
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