PRICE REDUCTION!!Unlock the full potential of this 2.4 acre unrestricted property located directly on FM 1488, just minutes west of downtown Magnolia. With over 200 feet of frontage on a high-traffic corridor, this site offers exceptional visibility and access, ideal for commercial development, mixed-use, or long-term hold in a booming area.
The existing structure is in poor condition and likely a teardown, giving investors a clean slate to redevelop or rezone to fit a wide range of uses. Whether you're looking to build retail, office, warehouse, or multifamily, this property offers flexibility and strong future appreciation.
Pending
$499,000
19811 Fm 1488 Rd, Magnolia, TX 77355
--beds
0baths
2.49Acres
:
Get pre-qualified$3,586/mo
Unimproved Land
Built in ----
2.49 Acres Lot
$-- Zestimate®
$--/sqft
$-- HOA
What's special
- 306 days |
- 20 |
- 0 |
Zillow last checked:
Listing updated:
Listed by:
Christine Lorentz TREC #0597145 713-292-6179,
One Property Grp
Source: HAR,MLS#: 19375942
Facts & features
Interior
Bedrooms & bathrooms
- Bathrooms: 0
Property
Lot
- Size: 2.49 Acres
- Features: 2 Up to 5 Acres
Details
- Additional parcels included: 2960002200
- Parcel number: 44487
Utilities & green energy
- Sewer: Septic Tank
- Utilities for property: Natural Gas Available, Cable Unknown, Electricity Available
Community & HOA
Location
- Region: Magnolia
Financial & listing details
- Tax assessed value: $203,647
- Annual tax amount: $2,553
- Date on market: 10/2/2025
- Listing terms: Cash,Conventional,FHA,Other,VA Loan
Estimated market value
Not available
Estimated sales range
Not available
$2,766/mo
Price history
| Date | Event | Price |
|---|---|---|
| 5/15/2026 | Pending sale | $499,000 |
Source:  HAR #19375942 Report a problem | ||
| 4/3/2026 | Price change | $499,000-16.8% |
Source: HAR #19375942 Report a problem | ||
| 12/21/2025 | Price change | $600,000-13% |
Source: HAR #19375942 Report a problem | ||
| 10/2/2025 | Listed for sale | $690,000+72.5% |
Source: HAR #19375942 Report a problem | ||
| 5/19/2008 | Listing removed | $400,000 |
Source: Homes & Land #9103254 Report a problem | ||
| 4/11/2008 | Listed for sale | $400,000 |
Source: Homes & Land #9103254 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | -- | $177,386 +10% |
| 2024 | $321 +5.9% | $161,260 +10% |
| 2023 | $303 | $146,600 +0.8% |
| 2022 | -- | $145,380 +20% |
| 2021 | $789 +1.8% | $121,150 +10% |
| 2020 | $775 +1.9% | $110,140 +10% |
| 2019 | $760 -26.3% | $100,130 +10% |
| 2018 | $1,031 +37% | $91,030 -1.5% |
| 2017 | $753 -1.6% | $92,420 |
| 2016 | $765 -15.5% | $92,420 +9.4% |
| 2015 | $905 | $84,480 +9.3% |
| 2014 | $905 | $77,320 +10% |
| 2013 | -- | $70,290 |
| 2012 | -- | $70,290 |
| 2011 | -- | $70,290 |
| 2010 | -- | $70,290 |
| 2009 | -- | $70,290 |
| 2008 | -- | $70,290 |
| 2007 | -- | $70,290 -0.6% |
| 2006 | -- | $70,720 |
| 2005 | -- | $70,720 +51.5% |
| 2004 | -- | $46,690 |
| 2003 | -- | $46,690 |
| 2002 | -- | $46,690 |
| 2001 | -- | $46,690 |
Find assessor info on the county website
Monthly payment
Est. payment
Payment breakdown
Explore the cost of this home by adjusting the details. Changes won't be saved.Climate risks
Neighborhood: 77355
Nearby schools
GreatSchools rating
- 7/10Magnolia Intermediate SchoolGrades: 5-6Distance: 1 mi
- 7/10Magnolia Junior High SchoolGrades: 7-8Distance: 1.1 mi
- 5/10Magnolia West High SchoolGrades: 9-12Distance: 1.4 mi
Schools provided by the listing agent
- Elementary: Nichols Sawmill Elementary School
- 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.
- $1,250,0009.68 AcresFm 1488, Magnolia, TX 77355Pending
- $1,250,0009.68 Acres0 Fm 1488 Rd, Magnolia, TX 77355Pending
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- $187,300-- bd-- ba1.2k sqft19735 Fm 1488 Rd, Magnolia, TX 77355Off Market
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- $320,800-- bd2 ba2.2k sqft20002 Fm 1488 Rd, Magnolia, TX 77355Off Market
A local agent can set up tours, give advice and negotiate with sellers.
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