Rare opportunity in the Heart of Magnolia, backing to The Magnolia Stroll! Located in the newly zoned Magnolia Town Center, this property will be cleared and ready for your new venture. The home currently on the lot will be moved away, leaving electricity in place. This location could be ideal for a Bed & Breakfast Inn, doctor's office, therapist, counselor, hair salon, bookstore, professional space, specialty business, boutique, craft store, antique store, small cafe or other venture to enhance the growing area. The slate will be cleared and ready for your active role in the new Magnolia Town Center. All future improvements to be independently verified with the City of Magnolia. (Please do not attempt entry to the structure on this property. It is not part of the listing. Thank you.)
Lot/land
Price cut: $19K (9/10)
$250,000
122 Commerce St, Magnolia, TX 77355
--beds
0baths
6,899Square Feet
Unimproved Land
Built in ----
6,899 Square Feet Lot
$-- Zestimate®
$--/sqft
$-- HOA
What's special
- 47 days
- 36
- 1
Likely to sell faster than
Zillow last checked:
Listing updated:
Listed by:
Angela Knee Hahn TREC #0522753 713-851-1631,
Carswell Real Estate Co. Inc.
Source: HAR,MLS#: 44737282
Facts & features
Interior
Bedrooms & bathrooms
- Bathrooms: 0
Property
Lot
- Size: 6,899 Square Feet
- Dimensions: 61 x 61 x 120 x 120
- Features: Corner Lot, Level, Open Lot, 0 Up To 1/4 Acre, Cleared
Details
- Parcel number: 331901
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Gas Availability Unknown, Cable Unknown, Electricity Available
Community & HOA
Community
- Subdivision: Magnolia Melton
Location
- Region: Magnolia
Financial & listing details
- Tax assessed value: $95,545
- Annual tax amount: $1,728
- Date on market: 8/19/2026
- Listing terms: Cash,Conventional
- Road surface type: Asphalt
Estimated market value
Not available
Estimated sales range
Not available
Not available
Price history
| Date | Event | Price |
|---|---|---|
| 9/10/2026 | Price change | $250,000-7.1% |
Source: | ||
| 8/19/2026 | Price change | $269,000-2.2% |
Source: | ||
| 3/18/2026 | Listed for sale | $275,000 |
Source: | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $1,728 +15.2% | $95,545 +18.7% |
| 2024 | $1,500 +0.2% | $80,466 +0.7% |
| 2023 | $1,497 | $79,920 |
| 2022 | -- | $79,920 +114.8% |
| 2021 | $842 -6.6% | $37,210 |
| 2020 | $902 +15.5% | $37,210 +18.5% |
| 2019 | $782 -3.6% | $31,410 |
| 2018 | $811 -4.4% | $31,410 -4% |
| 2017 | $848 +0.3% | $32,720 |
| 2016 | $845 -0.9% | $32,720 |
| 2015 | $853 | $32,720 |
| 2014 | $853 | $32,720 +55.4% |
| 2013 | -- | $21,050 |
| 2012 | -- | $21,050 |
| 2011 | -- | $21,050 |
| 2010 | -- | $21,050 |
| 2009 | -- | $21,050 |
| 2008 | -- | $21,050 |
| 2007 | -- | $21,050 |
| 2006 | -- | $21,050 |
| 2005 | -- | $21,050 |
Find assessor info on the county website
Monthly payment
Climate risks
Neighborhood: 77355
Nearby schools
Schools provided by the listing agent
- Elementary: Magnolia Elementary School (Magnolia)
- 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.





