1.38th of an acre in Waller County, minutes to downtown Magnolia, with a metal building on slab, two 10 foot high bay overhead doors, frame and metal construction, including well, aerobic septic system and 110 power electricity and 100 feet of roadway frontage by approximately 600 feet deep. Office space, full bathroom, and small kitchenette approximately 400 square foot with an HVAC splitter make this ideal for any small business looking to purchase an investment property and/or expand their business. Approximately 1100 square feet of garage storage space under roof. High traffic count on FM 1488. Call or email for any questions.
For sale
Price cut: $15K (4/29)
$465,000
24433 Fm 1488 Rd, Magnolia, TX 77355
--beds
400sqft
Farm
Built in 2011
1.38 Acres Lot
$457,100 Zestimate®
$1,163/sqft
$-- HOA
What's special
Office spaceMetal building on slabHvac splitterFrame and metal constructionSmall kitchenette
- 345 days |
- 41 |
- 0 |
Zillow last checked:
Listing updated:
Listed by:
Jennifer Tucker TREC #0556953 281-745-7420,
Land Home and Ranch Realty
Source: HAR,MLS#: 38244558
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Facts & features
Interior
Bedrooms & bathrooms
- Bathrooms: 1
- Full bathrooms: 1
Kitchen
- Features: Kitchen open to Family Room
Heating
- Other, Wall Furnace
Cooling
- Other, Window Unit(s)
Appliances
- Included: Dishwasher
- Laundry: Electric Dryer Hookup, Washer Hookup
Features
- Flooring: Laminate
Interior area
- Total structure area: 400
- Total interior livable area: 400 sqft
Property
Parking
- Total spaces: 2
- Parking features: Attached, Oversized, Additional Parking, Workshop in Garage
- Attached garage spaces: 2
Features
- Stories: 1
Lot
- Size: 1.38 Acres
- Dimensions: 100 x 600
- Features: Wooded, 1 Up to 2 Acres
- Topography: Level
Details
- Additional structures: Barn(s), Shed(s)
- Additional parcels included: 327300001000100
- Parcel number: 340000001000100
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Other
- Property subtype: Farm
Materials
- Other Siding
- Foundation: Slab
Condition
- New construction: No
- Year built: 2011
Utilities & green energy
- Sewer: Septic Tank
- Water: Well
Community & HOA
Community
- Subdivision: Unrestricted
Location
- Region: Magnolia
Financial & listing details
- Price per square foot: $1,163/sqft
- Tax assessed value: $128,440
- Annual tax amount: $2,187
- Date on market: 8/4/2025
- Listing terms: Investor,Owner Will Carry
- Road surface type: Concrete
Estimated market value
$457,100
$434,000 - $480,000
$1,057/mo
Price history
| Date | Event | Price |
|---|---|---|
| 4/29/2026 | Price change | $465,000-3.1%$1,163/sqft |
Source:  HAR #38244558 Report a problem | ||
| 2/20/2026 | Price change | $480,000-4%$1,200/sqft |
Source: HAR #38244558 Report a problem | ||
| 8/5/2025 | Listed for rent | $2,250$6/sqft |
Source:  HAR #63826941 Report a problem | ||
| 8/4/2025 | Listed for sale | $500,000+109.2%$1,250/sqft |
Source: HAR #38244558 Report a problem | ||
| 12/9/2011 | Listing removed | $239,000$598/sqft |
Source: Gardner Realty #24938348 Report a problem | ||
| 7/29/2011 | Listed for sale | $239,000$598/sqft |
Source: Gardner Realty #24938348 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $843 +10.5% | $128,440 -0.2% |
| 2024 | $763 +10.5% | $128,660 +13.6% |
| 2023 | $690 -1.3% | $113,230 +4.6% |
| 2022 | $699 +20.3% | $108,240 +8.2% |
| 2021 | $581 -10.8% | $100,045 +10% |
| 2020 | $652 -17.2% | $90,950 -11.9% |
| 2019 | $787 -47.8% | $103,260 +13.1% |
| 2018 | $1,508 | $91,310 -0.7% |
| 2017 | $1,508 +5.8% | $91,920 +1.6% |
| 2016 | $1,426 | $90,450 +4.1% |
| 2015 | $1,426 | $86,850 +10.4% |
| 2014 | $1,426 | $78,650 +92.7% |
| 2013 | -- | $40,820 +62.6% |
| 2012 | -- | $25,110 -40.2% |
| 2011 | -- | $41,980 -0.2% |
| 2010 | -- | $42,060 -0.2% |
| 2009 | -- | $42,140 |
| 2008 | -- | -- |
| 2006 | -- | -- |
| 2005 | -- | -- |
| 2004 | -- | -- |
| 2003 | -- | -- |
| 2002 | -- | -- |
| 2001 | -- | -- |
| 2000 | -- | -- |
| 1999 | -- | -- |
Find assessor info on the county website
Monthly payment
Est. payment
Payment breakdown
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Neighborhood: 77355
Nearby schools
GreatSchools rating
- 5/10Fields Store Elementary SchoolGrades: PK-5Distance: 7.3 mi
- 5/10Schultz Junior High SchoolGrades: 6-8Distance: 10 mi
- 4/10Waller High SchoolGrades: 9-12Distance: 9.9 mi
Schools provided by the listing agent
- Elementary: Fields Store Elementary School
- Middle: Schultz Junior High School
- High: Waller High School
Source: HAR. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
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A local agent can set up tours, give advice and negotiate with sellers.
