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FM 1488 & Manor Dr 6.13 Acres of Commercial Land Offered at $2,919,300 CAD in Magnolia, TX 77354
INVESTMENT HIGHLIGHTS
- Approximately 2 miles from Hwy 149.
EXECUTIVE SUMMARY
• +/- 275 ft of Frontage on FM 1488
• +/- 300 ft of Frontage on Manor Drive
• Unrestricted
• Near Mostyn Manor Development
• Minutes away from I-45
• Approximately 2 miles from Hwy 149
• Not within Flood Plain
• Magnolia I.S.D
• +/- 300 ft of Frontage on Manor Drive
• Unrestricted
• Near Mostyn Manor Development
• Minutes away from I-45
• Approximately 2 miles from Hwy 149
• Not within Flood Plain
• Magnolia I.S.D
FINANCIAL SUMMARY (ACTUAL - 2023) |
ANNUAL (CAD) | ANNUAL PER AC (CAD) |
|---|---|---|
| Taxes |
$789,806
|
$128,842.74
|
| Operating Expenses |
-
|
-
|
| Total Expenses |
$789,806
|
$128,842.74
|
FINANCIAL SUMMARY (ACTUAL - 2023)
| Taxes (CAD) | |
|---|---|
| Annual | $789,806 |
| Annual Per AC | $128,842.74 |
| Operating Expenses (CAD) | |
|---|---|
| Annual | - |
| Annual Per AC | - |
| Total Expenses (CAD) | |
|---|---|
| Annual | $789,806 |
| Annual Per AC | $128,842.74 |
PROPERTY FACTS
| Price | $2,919,300 CAD | Property Subtype | Commercial |
| Sale Type | Investment or Owner User | Proposed Use | |
| No. Lots | 1 | Total Lot Size | 6.13 AC |
| Property Type | Land | ||
| Zoning | 2 | ||
| Price | $2,919,300 CAD |
| Sale Type | Investment or Owner User |
| No. Lots | 1 |
| Property Type | Land |
| Property Subtype | Commercial |
| Proposed Use | |
| Total Lot Size | 6.13 AC |
| Zoning | 2 |
1 LOT AVAILABLE
Lot
| Price | $2,919,300 CAD | Lot Size | 6.13 AC |
| Price Per AC | $476,231.67 CAD |
| Price | $2,919,300 CAD |
| Price Per AC | $476,231.67 CAD |
| Lot Size | 6.13 AC |
Unrestricted land. ±289.6 ft of Frontage on FM 1488 and ±300 ft of Frontage on Manor Drive.
1 1
PROPERTY TAXES
| Parcel Number | 7308-02-06700 | Total Assessment | $1,868,396 CAD (2025) |
| Land Assessment | $1,868,396 CAD (2025) | Annual Taxes | $789,806 CAD |
| Improvements Assessment | $0 CAD (2025) | Tax Year | 2023 |
PROPERTY TAXES
Parcel Number
7308-02-06700
Land Assessment
$1,868,396 CAD (2025)
Improvements Assessment
$0 CAD (2025)
Total Assessment
$1,868,396 CAD (2025)
Annual Taxes
$789,806 CAD
Tax Year
2023
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FM 1488 & Manor Dr
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