PRICE REDUCTION!!Unlock the full potential of this 2.4 acre unrestricted property located directly on FM 1488, just minutes west of downtown Magnolia. With over 200 feet of frontage on a high-traffic corridor, this site offers exceptional visibility and access, ideal for commercial development, mixed-use, or long-term hold in a booming area.
The existing structure is in poor condition and likely a teardown, giving investors a clean slate to redevelop or rezone to fit a wide range of uses. Whether you're looking to build retail, office, warehouse, or multifamily, this property offers flexibility and strong future appreciation.
Lot/land
Price cut: $101K (4/3)
$499,000
19811 Fm 1488 Rd, Magnolia, TX 77355
--beds
0baths
2.49Acres
Unimproved Land
Built in ----
2.49 Acres Lot
$-- Zestimate®
$--/sqft
$-- HOA
What's special
- 204 days |
- 82 |
- 7 |
Zillow last checked:
Listing updated:
Listed by:
Christine Lorentz TREC #0597145 713-292-6179,
One Property Grp
Source: HAR,MLS#: 19375942
Facts & features
Interior
Bedrooms & bathrooms
- Bathrooms: 0
Property
Lot
- Size: 2.49 Acres
- Features: 2 Up to 5 Acres
Details
- Additional parcels included: 2960002200
- Parcel number: 44487
Utilities & green energy
- Sewer: Septic Tank
- Utilities for property: Natural Gas Available, Cable Unknown, Electricity Available
Community & HOA
Location
- Region: Magnolia
Financial & listing details
- Tax assessed value: $203,647
- Annual tax amount: $2,553
- Date on market: 10/2/2025
- Listing terms: Cash,Conventional,FHA,Other,VA Loan
Estimated market value
Not available
Estimated sales range
Not available
$2,766/mo
Price history
| Date | Event | Price |
|---|---|---|
| 4/3/2026 | Price change | $499,000-16.8% |
Source:  HAR #19375942 Report a problem | ||
| 12/21/2025 | Price change | $600,000-13% |
Source: HAR #19375942 Report a problem | ||
| 10/2/2025 | Listed for sale | $690,000+72.5% |
Source: HAR #19375942 Report a problem | ||
| 5/19/2008 | Listing removed | $400,000 |
Source: Homes & Land #9103254 Report a problem | ||
| 4/11/2008 | Listed for sale | $400,000 |
Source: Homes & Land #9103254 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | -- | $177,386 +10% |
| 2024 | $321 +5.9% | $161,260 +10% |
| 2023 | $303 | $146,600 +0.8% |
| 2022 | -- | $145,380 +20% |
| 2021 | $789 +1.8% | $121,150 +10% |
| 2020 | $775 +1.9% | $110,140 +10% |
| 2019 | $760 -26.3% | $100,130 +10% |
| 2018 | $1,031 +37% | $91,030 -1.5% |
| 2017 | $753 -1.6% | $92,420 |
| 2016 | $765 -15.5% | $92,420 +9.4% |
| 2015 | $905 | $84,480 +9.3% |
| 2014 | $905 | $77,320 +10% |
| 2013 | -- | $70,290 |
| 2012 | -- | $70,290 |
| 2011 | -- | $70,290 |
| 2010 | -- | $70,290 |
| 2009 | -- | $70,290 |
| 2008 | -- | $70,290 |
| 2007 | -- | $70,290 -0.6% |
| 2006 | -- | $70,720 |
| 2005 | -- | $70,720 +51.5% |
| 2004 | -- | $46,690 |
| 2003 | -- | $46,690 |
| 2002 | -- | $46,690 |
| 2001 | -- | $46,690 |
Find assessor info on the county website
Monthly payment
Estimated monthly payment
All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
See how much you could borrow to make a competitive offer.
Climate risks
Neighborhood: 77355
Nearby schools
GreatSchools rating
- 6/10Magnolia Intermediate SchoolGrades: 5-6Distance: 1 mi
- 6/10Magnolia Junior High SchoolGrades: 7-8Distance: 1.1 mi
- 5/10Magnolia West High SchoolGrades: 9-12Distance: 1.4 mi
Schools provided by the listing agent
- Elementary: Nichols Sawmill Elementary School
- Middle: Magnolia Junior High School
- High: Magnolia West High School
Source: HAR. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
A local agent can set up tours, give advice and negotiate with sellers.
- Texas
- Montgomery County
- Magnolia
- 77355
- 19811 Fm 1488 Rd
Nearby cities
Nearby zip codes
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