15 days on rocket

20215 Fm 1488th Rd, Magnolia, TX, 77355

$450,000

Home List Price

$5,344*

Closing Credit

0 Baths
1,676 SqFt
$269/SqFt
House
Schools Nearby

Location

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20215 Fm 1488th Rd, Magnolia$450,000

Buyer Closing Credits

$5,344*

1.25% Loan Amount

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Property Highlights

Home TypeSingle Family Residence
ParkingAttached, Garage
Attached Garage2 spaces
Year Built1978
HeatingCentral, Electric
CoolingCentral Air, Electric
MLS #71058110
Lot Size0.59 Acres
StatusActive

About 20215 Fm 1488th Rd

Incredible commercial opportunity, corner lot +/- .6 acres on FM 1488 with 302 ft of road frontage. Only 1.1 miles from the heart of Magnolia, TX., easy access to the new 249 Tollway. Recently expanded 5 lane road with over 14,000 cars per day traveling through this part of FM 1488. Property has a single-family home that could be used to operate your business, or you could build to your needs. Water well on property, as well as city water, possibility of annexation by the City of Magnolia - buyer to complete research and due diligence. Endless opportunities within the high growth area of Montgomery County. Hurry and schedule your showing before this rare commercial opportunity is gone!

Property Details

Property Features

Property Information:

  • Architectural Style: Traditional
  • Year Built: 1978
  • Stories: 1
  • Living Area: 1,676 SqFt

Listing Office:

  • Office Name: Sold-It Realty
  • Office Phone: (972) 338-5441
  • Listing Agent: Brett Sims

Exterior Features

Exterior Information:

  • Private Pool: No

Parking Information:

  • Garage Space: 2 spaces
  • Attached Garage: Yes
  • Parking: Attached, Garage

Lot Features

Lot Information:

  • Lot: Corner Lot
  • Lot Size: 0.59 Acres

Utilities

Utilities Information:

  • Heating: Central, Electric
  • Cooling: Central Air, Electric

School Info

Assigned Schools Information:

  • Magnolia West High School, Public District Grades 9-12
  • Magnolia Jr High School, Public District Grades 6-8
  • Willie E Williams Elementary School, Public District Grades PK-5

Other

Directions Information:

  • Directions: From Magnolia, head towards Hempstead on FM 1488, property will be 1.1 miles on your left.

Price Information

Listing Price Info

Price Summary:

  • List Price: $450,000
  • Price Per SqFt: $269/SqFt
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Housing Market Comparison

See how this home compares to others in Magnolia, TX.

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Magnolia, TX

City

Med. Sold Price

$385.5K

Med. Price/SqFt

$175

Avg. Days On Market

71

# of Sold Homes

84

20215 Fm 1488th Rd vs Magnolia

15 DAYS ON ROCKET

-56 Days

$450,000

+$64.4K More

$269/SqFt

+$94 More

KEY TAKEAWAY

This property is $64.4K more than the Median Sold Price and $94/SqFt more than other homes in Magnolia, TX.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: HAR
  • MLS Number: #71058110

Listing Office:

  • Office Name: Sold-It Realty
  • Office Phone: (972) 338-5441
  • Listing Agent: Brett Sims

Broker ReciprocityDisclaimer: The MLS data is provided exclusively to Participants or Subscribers for display on their website solely for consumers’ personal, non-commercial use, that the MLS data may not be used for any purpose other than to display prospective properties consumers may be interested in purchasing or leasing. Information contained on the computer print-outs of the Multiple Listing Service (MLS) of the HOUSTON REALTORS® INFORMATION SERVICE (HRIS) is furnished by MLS Participants for dissemination to other MLS Participants, for their exclusive use, and should not be relied upon by Buyer/Tenant or any other person. There is no express or implied warranty by HRIS or MLS as to the accuracy of such information, which should be independently verified by Buyer/Tenant or such other person. MLS does not verify the information and disclaims any responsibility for its accuracy. Any estimate of value was prepared using automated processes and should not be considered a comparative market analysis (CMA) or appraisal. You may contact us to provide additional information and analysis for a more accurate estimate of the property's value. Digital images modified or enhanced to alter real property characteristics contain a visible and legible watermark across the bottom of the image “Image does not represent actual property as is”.

Copyright© 2024 Houston Realtors Information Service, Inc. All rights reserved.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.


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Last updated on: 4/19/2024, 11:25:14 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

We're sorry, we currently don't have sales or tax history data for this listing.

Payment Calculator

$2,313

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$1,416

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Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Elementary School

school-card-donut-763660
6
/10

  • Willie E Williams Elementary School

  • 18101 Fm 1488 Rd

  • 1.95 miles

  • Public District Grades PK-5

Middle School

school-card-donut-763661
4
/10

  • Magnolia Jr High School

  • 31138 Nichols Sawmill Rd

  • 1.48 miles

  • Public District Grades 6-8

High School

school-card-donut-763662
5
/10

  • Magnolia West High School

  • 42202 Fm 1774 Rd

  • 1.57 miles

  • Public District Grades 9-12

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $118,220. Most Magnolia, TX residents have annual incomes between $35k-100k. Typical family type is married, with kids. The most common level of education of people living in this area is post secondary degree.

All data provided by Home Junction and Claritas

Living In Magnolia, TX

What type of housing is available in Magnolia, TX?

In Magnolia, roughly two thirds of buildings are single detached homes, but mobile homes are also present in the housing stock. This city is primarily composed of four or more bedroom and three bedroom homes. Homeowners occupy about three quarters of the units in Magnolia and renters occupy the remainder. The median year of construction for buildings in this city is 1993.

Is Magnolia, TX a good place to live?

Magnolia is quiet overall, as the streets are usually quite peaceful - however noise can be problematic close to the railway line.

Are things conveniently located in Magnolia, TX?

The nearest supermarket in Magnolia is generally only a reasonably short walk away. There are also a few options for those who value nearby restaurants and cafes. When it comes to education, in Magnolia, residents will usually be able to reach primary schools on foot. In contrast, there are only a limited number of high schools and thus they can be a rather long walk away.

What does the transportation in Magnolia, TX look like?

Magnolia is especially car friendly. It is a rather short drive to the nearest highway from any location in this city, and it is very convenient to park. It is difficult for people traveling on foot to get around in Magnolia since very few daily needs can be carried out without having to use a vehicle.

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Frequently Asked Questions About 20215 Fm 1488th Rd

What is the listing price of this property?

The listing price of 20215 Fm 1488th Rd property is $450,000.

What type of property is this?

The property 20215 Fm 1488th Rd is a house located in Magnolia, Texas, 77355.

Is this property for sale now?

Active Listing: 20215 Fm 1488th Rd is For Sale (Active/New) which means the seller is accepting offers.

What are the assigned schools for this property?

The assigned schools for 20215 Fm 1488th Rd are:
Willie E Williams Elementary School: GreatSchools Rating 6/10
Magnolia Jr High School: GreatSchools Rating 4/10
Magnolia West High School: GreatSchools Rating 5/10

What is the square footage of this property?

The property 20215 Fm 1488th Rd is 1,676 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 20215 Fm 1488th Rd is 1978.

Rocket Homes›Texas›Montgomery County›Magnolia›77355›20215 Fm 1488th Rd

This home is located at 20215 Fm 1488th Rd in Magnolia, TX and zip code 77355. This 1,676 square foot home, which was built in 1978, sits on a 0.59 acre lot. It has been listed on Rocket Homes since April 04, 2024 and is currently priced at $450,000.

In March 2024, from all listings sold in Magnolia, TX there were more than 7 sold above asking price, over 53 sold below and more than 24 were sold right at the asked price. Between February 2024 and March 2024, Magnolia, TX real estate market has seen increase in the number of listings by 15.4%. While the average time on the market in March 2024 was 71 days, the median list price was $385,508.

From Rocket Homes Real Estate and based on county public records data.

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