Homes for Sale/Waller County/Magnolia/Magnolia Acres
Active MLS #30322997 · 30 days on market

TBD Fm 1488

Magnolia, TX 77355
Subdivision  ·  Magnolia Acres
List Price
$549,000
Baths
0
Lot
6.21 ac
County
Waller
Tax Rate
1.01%

Schools

§ 03
District
Elementary FIELDS STORE EL C
Middle SCHULTZ J H C
High WALLER H S CCMR 70% · Grad 96% C
TEA accountability ratings reflect 2024–25 where available. School attendance zones are subject to district redistricting — confirm directly with the district before making a school-based decision.

Overview

§ 01

509 FT of FM 1488 commercial frontage makes this property ideal for a variety of businesses. With easy access to Highway 249 and future road expansion, it’s perfect for a plant nursery, gas station, or other ventures. The option to Work/Live on site adds versatility, and the location offers a short trip to The Woodlands or downtown Tomball thanks to major road access. This +/- 6.2 acre property already includes an established entry and large county-approved culverts. Best of all—you’re getting over 6 acres of prime commercial land at the market price of just 2 acres. Motivated seller is ready to make a deal!

Features

§ 02

Interior

Not provided

Exterior & lot

  • Split Possible
  • Wooded
  • Fenced

Community

Not provided

Property Details

§ 03 · Full MLS record

Property

Property Type Land

Rooms & Baths

Bathrooms (total) 0

Exterior

Fencing Fenced

Lot

Lot Size (acres) 6.2150
Lot Size Source Appraiser
Lot Features Split Possible, Wooded

Location

County Waller
MLS Area Major 26
MLS Area Minor Hockley
Subdivision Magnolia Acres
Road Surface Dirt,Gravel
Postal Code 77355

Utilities

Water Source Public, None
Sewer Public Sewer, None

Taxes, Terms & Disclosures

Tax Annual Amount $5,536
Tax Year 2023
Tax Rate (est.) 1.01%
Parcel # 577000-007-000-100
Legal Description S577000 MAGNOLIA ACRES LOT 7 THRU 9 (MAP TR 7 THRU 9) ACRES
Disclosures None

MUD Disclosure (§49.452)

§ 03 · Data moat
● §49.452 Notice
Not in archive
This MUD is not yet in our §49.452 archive. We'll add it on request.

Texas Water Code §49.452 requires districts to publish annual notices with tax rate, bonded indebtedness, and assessed value. Most Harris-area MUDs publish these; a handful managed by Inframark do not.

Request this notice
● What this tells you

The §49.452 notice is the only public document that lists a MUD's exact tax rate, outstanding bond debt, and the assessed value used to compute your taxes — direct from the district, not the MLS. If the district is newer or has more bonds outstanding than its neighbors, your effective tax rate will be higher here than just across the street.

Listing's rolled-up MUD rate Resolved MUD jurisdiction not mapped Match confidence

Taxes & Cost of Ownership

§ 04
● Estimated monthly payment
$3,758
30-YR FIXED · ADJUST ASSUMPTIONS BELOW
%
%
Principal & interest$3,297 Property tax$461 Homeowners insuranceTBD
Subtotal (P&I + Tax) $3,758

Illustrative only, not a quote. P&I assumes the values entered above. Insurance and HOA dues vary — consult licensed lender and insurance agent for accurate quote.

● Effective tax rate · 3-year history
202320242025
MUD
→ stable
School
1.06%
→ stable
City
→ stable
County
0.56%
→ stable

HOA & Community

§ 05
● HOA details
ANNUAL
Association name Management co. Website Phone Cert on filepending
● Community amenities
gas_station
Exxon · 1.0mi
park
William's Trace Park · 1.3mi
Ranchcrest Playground and Basketball Courts · 1.8mi
grocery
Time Mart · 3.5mi
pharmacy
Walgreens · 4.2mi
urgent_care
Memerial Hermann CoHealth Urgent Care · 13.2mi
hospital
Memorial Hermann Cypress Hospital · 14.9mi

Broadband & Connectivity

§ 06 · Rolled up from MLS
● Max advertised speed at this address
8,000 Mbps
Fiber available · cable ok
Fiber to the Premises
Ezee Fiber
8,000 / 8,000 Mbps
● LOW LATENCY
Fiber to the Premises
AT&T
5,000 / 5,000 Mbps
● LOW LATENCY
Fiber to the Premises
MidSouth Fiber Internet
5,000 / 5,000 Mbps
● LOW LATENCY
Coaxial Cable
Xfinity
2,000 / 250 Mbps
● LOW LATENCY
Licensed Fixed Wireless
Nextlink
500 / 100 Mbps
● LOW LATENCY
Unlicensed Fixed Wireless
Rise Broadband
400 / 80 Mbps
● LOW LATENCY
Licensed Fixed Wireless
Verizon
300 / 20 Mbps
● LOW LATENCY
NGSO Satellite
Starlink
280 / 30 Mbps
● LOW LATENCY
+ 7 additional provider(s)

Environmental Risk

§ 08
A
FEMA Zone
Zone AE · Special Flood Hazard Area
1% annual chance of flooding (100-year floodplain). Flood insurance typically required.
PANEL 48473C SFHA YES SOURCE 48473C_FIRM1
🌡 Heat days >95°F
57 days/yr above 95°F
Plus 12 days above 100°F. NOAA station records, 2016-2025 average.
🌵 Drought (current)
No drought (D1 or worse)
US Drought Monitor county reading, week of 2026-09-15.
Sources: FEMA NFHL · NOAA GHCN-Daily · EPA AQS · US Drought Monitor. Climate rollup last computed Sep 23, 2026.

Recent Comparable Sales

§ 09
1 comparable sale nearbyAddress-level sold detail is available to registered users. Reach out to Allen for the full comparable-sales report.

Subdivision & Master Plan

§ 10
● Master plan
Magnolia Acres
TIER: SUBDIVISION
Subdivision name (MLS)Magnolia Acres City · ZIPMagnolia · 77355 CountyWaller Listings in subdivision27 Active now1 Sold (last 12 mo)1 Curated amenities8
● Year-built distribution
No build-year dataWill populate from the parcel roll.

Fire Protection

§ 11
Nearest station
Magnolia Volunteer Fire Department Station 181
Distance
4.6 mi
Straight-line from listing
ISO rating
Future data point
Avg. response
From incident log (future)

Neighborhood Demographics

§ 12 · Census tract 48473680602 · ACS 2023
Median HH income
$88,557
ACS 2023
Median home value
$316,500
Census self-report
Owner-occupied
87%
2,207 housing units
Bachelor's+
25%
Adults 25+
Median age
38.6
Population 6,614
Work from home
15%
of commuters
Commute 45min+
19%
of commuters
Below poverty
9.7%
tract-level

Amenities & Nearby Places

§ 13

Active listing — amenities should populate from the go-live pipeline. Click to fetch now if missing.

Location & Neighborhood

§ 13
● This Home
TBD Fm 1488, Magnolia, TX 77355
Waller County · 30.19°N, 95.82°W
gas_station
Exxon
1.0 mi · 1 within 2 mi
park
William's Trace Park
1.3 mi · 2 within 2 mi
Interactive map coming in v0.2 — currently showing schematic placement.
● Listing History
Aug 24, 2026 Listed $549,000 Elizabeth Miranda
Status change events from HAR MLS (future: full audit trail)
● Disclosures & Attribution
Listed by Elizabeth Miranda · Grace & Company Home Services LLC
Data provided by Houston Realtors Information Service (HAR MLS). Information deemed reliable but not guaranteed. All measurements, square footage, and school assignments should be independently verified. HAR MLS content last updated Aug 24, 2026.
MLS# 30322997 · LIST DATE: Aug 24, 2026 · PARCEL: 577000-007-000-100
R
EHO
REALTOR® · Equal Housing Opportunity
HAR.com Copyright © 2026, Houston Realtors Information Service, Inc. Deemed reliable, not guaranteed — independently verify. HARMLS last updated Sep 23, 2026, 10:44 PM CDT. Properties may subsequently be sold or off-market. Equal Housing Opportunity