Located in a high-traffic, rapidly expanding area, this 2.61-acre property offers exceptional potential for retail or office development. Adjacent to Lakes of Magnolia Subdivision, the site boasts approximately 540 feet of frontage on FM 1774, with 3-phase electrical service and public water/sewer available. Itâ??s conveniently situated near key amenities just outside of the city limits, including the Magnolia Police Department, and is just 1 hour north of Houston and IAH Bush Airport. Importantly, the property is not in a flood plain, making it an ideal choice for strategic commercial expansion.
The median home value in Magnolia, TX is $264,100. This is lower than the county median home value of $348,700. The national median home value is $338,100. The average price of homes sold in Magnolia, TX is $264,100. Approximately 52.24% of Magnolia homes are owned, compared to 38.47% rented, while 9.29% are vacant. Magnolia real estate listings include condos, townhomes, and single family homes for sale. Commercial properties are also available. If you see a property you’re interested in, contact a Magnolia real estate agent to arrange a tour today!
Magnolia, Texas 77355 has a population of 2,303. Magnolia 77355 is less family-centric than the surrounding county with 37.86% of the households containing married families with children. The county average for households married with children is 38.67%.
The median household income in Magnolia, Texas 77355 is $63,661. The median household income for the surrounding county is $88,597 compared to the national median of $69,021. The median age of people living in Magnolia 77355 is 36.6 years.
The average high temperature in July is 93.2 degrees, with an average low temperature in January of 40.6 degrees. The average rainfall is approximately 49.1 inches per year, with 0 inches of snow per year.