Prime corner property with unrestricted use and exceptional FM 2978 frontage, benefiting from high daily traffic and direct positioning along Woodlands/Magnolia’s rapid growth corridor. Featuring water well access, the site provides excellent flexibility for various commercial development projects. A structure currently occupies the lot, offering immediate potential for redevelopment or adaptive reuse. This is an outstanding opportunity for investors or developers seeking a high-visibility location with strong long-term value.
For sale
$499,000
28715 Fm 2978 Rd, Magnolia, TX 77354
3beds
1,960sqft
:
Get pre-qualified$3,481/mo
Single Family Residence
Built in 1969
0.5 Acres Lot
$460,900 Zestimate®
$255/sqft
$-- HOA
What's special
Prime corner property
- 261 days |
- 36 |
- 0 |
Zillow last checked:
Listing updated:
Listed by:
Von Cooper TREC #0287862 832-372-8057,
Better Homes and Gardens Real Estate Gary Greene - Cypress
Source: HAR,MLS#: 60185103
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 1
- Full bathrooms: 1
Heating
- Natural Gas
Cooling
- Electric
Appliances
- Included: Gas Oven, Gas Range
- Laundry: Electric Dryer Hookup, Gas Dryer Hookup
Features
- Number of fireplaces: 1
- Fireplace features: Gas Log
Interior area
- Total structure area: 1,960
- Total interior livable area: 1,960 sqft
Property
Parking
- Total spaces: 2
- Parking features: Attached Carport
- Carport spaces: 2
Features
- Stories: 1
Lot
- Size: 0.5 Acres
- Dimensions: 295 x 75 x 294 x 73
- Features: Cleared, Corner Lot, 0 Up To 1/4 Acre
Details
- Additional parcels included: 780103100
- Parcel number: 37737
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Traditional
- Property subtype: Single Family Residence
Materials
- Brick, Wood Siding
- Foundation: Slab
- Roof: Composition
Condition
- New construction: No
- Year built: 1969
Utilities & green energy
- Sewer: Public Sewer, Septic Tank
- Water: Public, Well
Community & HOA
Community
- Subdivision: Brown James
Location
- Region: Magnolia
Financial & listing details
- Price per square foot: $255/sqft
- Tax assessed value: $210,321
- Annual tax amount: $2,949
- Date on market: 11/18/2025
- Listing terms: Cash,Conventional
- Road surface type: Concrete
Estimated market value
$460,900
$433,000 - $484,000
$1,673/mo
Price history
| Date | Event | Price |
|---|---|---|
| 11/18/2025 | Listed for sale | $499,000$255/sqft |
Source:  HAR #60185103 Report a problem | ||
| 3/8/2024 | Listing removed | -- |
Source: HAR #45042267 Report a problem | ||
| 2/19/2024 | Price change | $499,000-16.7%$255/sqft |
Source: HAR #45042267 Report a problem | ||
| 11/7/2022 | Listed for sale | $599,000+33.1%$306/sqft |
Source: HAR #45042267 Report a problem | ||
| 7/23/2016 | Listing removed | $450,000$230/sqft |
Source: Keller Williams Professionals #37865246 Report a problem | ||
| 10/7/2015 | Listed for sale | $450,000$230/sqft |
Source: Keller Williams Professionals #37865246 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $3,325 +10.6% | $210,321 +12.9% |
| 2024 | $3,005 +2.2% | $186,299 0% |
| 2023 | $2,941 | $186,300 0% |
| 2022 | -- | $186,320 +20.3% |
| 2021 | $2,878 -5.8% | $154,840 0% |
| 2020 | $3,054 +11.9% | $154,860 +14.8% |
| 2019 | $2,731 -4.3% | $134,930 0% |
| 2018 | $2,853 -2.2% | $134,950 -1.9% |
| 2017 | $2,917 -1.2% | $137,560 -1.2% |
| 2016 | $2,952 +24% | $139,230 +25.5% |
| 2015 | $2,380 | $110,950 0% |
| 2014 | $2,380 | $110,980 +28.8% |
| 2013 | -- | $86,190 |
| 2012 | -- | $86,190 |
| 2011 | -- | $86,190 |
| 2010 | -- | $86,190 |
| 2009 | -- | $86,190 |
| 2008 | -- | $86,190 |
| 2007 | -- | $86,190 +14.5% |
| 2006 | -- | $75,300 |
| 2005 | -- | $75,300 +44.6% |
| 2004 | -- | $52,070 |
| 2003 | -- | $52,070 |
| 2002 | -- | $52,070 +12.8% |
| 2001 | -- | $46,180 |
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: 77354
Nearby schools
GreatSchools rating
- 9/10Cedric C Smith Elementary SchoolGrades: PK-4Distance: 0.3 mi
- 7/10Bear Branch Junior High SchoolGrades: 7-8Distance: 2.5 mi
- 7/10Magnolia High SchoolGrades: 9-12Distance: 6.4 mi
Schools provided by the listing agent
- Elementary: Cedric C. Smith Elementary School
- Middle: Bear Branch Junior High School
- High: Magnolia High School
Source: HAR. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
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