Unrestricted COMMERCIAL/residential property! Lot 3 can be purchased separately or together with Lot 4 for a combined total of 2.36 acres located in one of the fastest growing markets in Montgomery County! These lots are across from the entrance of a large residential subdivision with 1,400 home sites. Planned future commercial development directly behind the property (Audubon) with an additional 1,600 residential lots and across the street will be the Magnolia Crossing Shopping Center also with planned retail, office, and residential! Both lots currently have residential structures and out-buildings. Lot #3 is being sold for land value only. Improvements on Lot 3 have no contributory value to the property. Lot #4 is being sold for land value only. Improvements on Lot 4 have no contributory value to the property. This is a PRIME location for commercial development!
For sale
$1,000,000
40029 Mill Creek Rd, Magnolia, TX 77354
3beds
1,926sqft
Est.:
Single Family Residence
Built in 2015
1.18 Acres Lot
$941,300 Zestimate®
$519/sqft
$-- HOA
What's special
- 55 days
- on Zillow |
- 58 |
- 0 |
Zillow last checked: 7 hours ago
Listing updated: July 24, 2025 at 04:24pm
Listed by:
David Lapaglia TREC #0652552 713-398-9657,
Olde Homestead Properties of T,
Barbara Gardner TREC #0256981 281-300-8457,
Olde Homestead Properties of T
Source: HAR,MLS#: 93661427

Travel times
Tour with a buyer's agent
Tour with a buyer's agent
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 2
- Full bathrooms: 2
Heating
- Electric
Cooling
- Electric
Features
- All Bedrooms Down
Interior area
- Total structure area: 1,926
- Total interior livable area: 1,926 sqft
Property
Features
- Stories: 1
Lot
- Size: 1.18 Acres
- Features: Wooded, 1 Up to 2 Acres
Details
- Parcel number: 71700003100
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Traditional
- Property subtype: Single Family Residence
Materials
- Brick, Cement Siding
- Foundation: Slab
- Roof: Composition
Condition
- New construction: No
- Year built: 2015
Utilities & green energy
- Sewer: Aerobic Septic
- Water: Well
Community & HOA
Community
- Subdivision: Mill Creek Landing 01
Location
- Region: Magnolia
Financial & listing details
- Price per square foot: $519/sqft
- Tax assessed value: $354,971
- Annual tax amount: $5,620
- Date on market: 6/16/2025
- Listing terms: Cash,Conventional,Investor
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