UNRESTRICTED - COMMERCIAL/RESIDENTIAL. This 6.639 acreage is in the perfect location in "New Magnolia" located on the newly expanded FM 2978 and the new construction of Woodtrace Blvd. which will connect to FM 249 The Aggie Expressway. Approx. 1/4 mile to The Woodlands Pkwy. Easy access to The Woodlands, Tomball, Magnolia and Conroe. High Traffic Area. This property has lots of potential.
Property Details
Property Features
Listing Office:
Office Name: Texas United Realty
Office Phone: (832) 237-9200
Listing Agent: Denise Dancy
Lot Features
Lot Information:
Lot: Cleared, Other
Lot Size: 6.64 Acres
School Info
Assigned Schools Information:
Magnolia High School, Public District Grades 9-12
Bear Branch Jr High School, Public District Grades 6-8
Tom R Ellisor Elementary School, Public District Grades PK-5
Other
Directions Information:
Directions: I-45 north to 1488 exit, turn left or west on 1488 to FM 2978. Turn left on FM 2978, approx. 3 miles south on FM 2978 to property at corner of Pine Rd & FM 2978.
Price Information
Listing Price Info
Price Summary:
List Price: $7,623,000
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Housing Market Comparison
See how this home compares to others in Magnolia, TX.
This property is $7.2M more than the Median Sold Price in Magnolia, TX.
Based on homes sold in the last 12 months
MLS Details
MLS Information:
MLS Name: HAR
MLS Number: #45421371
Listing Office:
Office Name: Texas United Realty
Office Phone: (832) 237-9200
Listing Agent: Denise Dancy
Disclaimer: 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”.
Last updated on: 6/1/2024, 12:20:31 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
Property Sales & Tax
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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
8
/10
Tom R Ellisor Elementary School
33040 Egypt Ln
Distance between this listing and this school2.96 miles
Public District Grades PK-5
Middle School
6
/10
Bear Branch Jr High School
31310 Fm 2978 Rd
Distance between this listing and this school1.51 miles
Public District Grades 6-8
High School
5
/10
Magnolia High School
14250 Fm 1488 Rd
Distance between this listing and this school6.37 miles
Public District Grades 9-12
Assigned Schools
8
/10
Tom R Ellisor Elementary School
33040 Egypt Ln
Distance between this listing and this school2.96 miles
Public District Grades PK-5
Nearby Schools
8
/10
Cedric C Smith
28747 Hardin Store Rd
Distance between this listing and this school1.12 miles
Public District Grades PK-5
9
/10
Deretchin Elementary K-6 School
11000 Merit Oaks Dr
Distance between this listing and this school1.24 miles
Public District Grades KG-6
Assigned Schools
6
/10
Bear Branch Jr High School
31310 Fm 2978 Rd
Distance between this listing and this school1.51 miles
Public District Grades 6-8
Nearby Schools
5
/10
Vista Academy of The Woodlands
6565 Research Forest Dr
Distance between this listing and this school5.16 miles
Public Charter Grades KG-8
6
/10
Tomball Jr High School
30430 Quinn Rd
Distance between this listing and this school5.63 miles
Public District Grades 7-8
Assigned Schools
5
/10
Magnolia High School
14250 Fm 1488 Rd
Distance between this listing and this school6.37 miles
Public District Grades 9-12
Nearby Schools
7
/10
The Woodlands High School
6101 Research Forest Dr
Distance between this listing and this school5.48 miles
Public District Grades 9-12
6
/10
Tomball High School
30330 Quinn Rd
Distance between this listing and this school5.58 miles
The neighbors living near this home have an average income of $127,317. The most common annual income of people living in Magnolia, TX is between $100k-200k. Typical family type is married, with kids. Residents of this area typically have post secondary degree education.
All data provided by Home Junction and Claritas
Frequently Asked Questions About 29903 Fm 2978
What is the listing price of this property?
The listing price of 29903 Fm 2978 property is $7,623,000.
What type of property is this?
The property 29903 Fm 2978 is land located in Magnolia, Texas, 77354.
Is this property for sale now?
Active Listing: 29903 Fm 2978 is For Sale (Active/New) which means the seller is accepting offers.
What are the assigned schools for this property?
The assigned schools for 29903 Fm 2978 are: Tom R Ellisor Elementary School: GreatSchools Rating 8/10Bear Branch Jr High School: GreatSchools Rating 6/10Magnolia High School: GreatSchools Rating 5/10
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This home is located at 29903 Fm 2978 in Magnolia, TX and zip code 77354. This home sits on a 6.64 acre lot. It has been listed on Rocket Homes since September 10, 2023 and is currently priced at $7,623,000.
In April 2024 more than 18 listings in Magnolia, TX were sold above the asking price. During the same period more than 17 listings were sold at asking price, while more than 66 were sold below. The inventory of homes for sale in Magnolia, TX between March 2024 and April 2024 increased by 13.6%. While the average time on the market in April 2024 was 47 days, the median list price was $388,781.
From Rocket Homes Real Estate and based on county public records data.
Disclaimer: 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”. 
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