32607 Octavia Drive,Magnolia, TX 77354
Magnolia, TX 77354
Description
Attention investors and developers! This rare opportunity features more than ½ acre of land on a highly desirable corner lot, offering excellent potential for future development while generating immediate rental income. The property includes two existing rental homes (ALREADY LEASED), providing cash flow from day one. With its generous lot size, corner location, and development possibilities (subject to local zoning and approvals), this property is ideal for investors looking to expand their portfolio or explore new construction opportunities. Whether you're seeking a buy-and-hold investment, redevelopment project, or a combination of both, this versatile property offers exceptional upside. Large parcels with existing income and building potential are increasingly difficult to finddon't miss this unique opportunity.
Details
| MLS # | 39329802 |
|---|---|
| Listing Type | For Sale |
| Style | House |
| Sub-Type | Resale |
| Status | Active |
| Year | 1985 |
| Days On Site | 41 |
| Listing Provided By | Spring Branch Realty Inc. | Aurelio Rodriguez |
Features
| Bed(s) | 3 |
|---|---|
| Bath(s) | 2 Total |
| SQ Feet | 1,440 |
| Story(s) | 1 |
| Acreage | 0.60 |
Exterior
| Lot Features | Other |
|---|
Parking
| Garage Yes / No | No |
|---|---|
| Parking Features | None |
Taxes
| Tax Annual Amount | 1411 |
|---|
Area Information
| State | TX |
|---|---|
| County | Montgomery |
| City | Magnolia |
| Zip Code | 77354 |
| Area | 15 |
| Subarea | Magnolia | 1488 East |
| Community Name | Royal Oaks On 1488 02 |
| Listing VS Median (in Royal Oaks On 1488 02) | |
Price: $373,999 low | high Med: $373,999 sqft: 1,440 low | high Med: 1,440 $ / sqft: $260 low | high Med: $260 On site: 41 low | high Med: 41 | |
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Learn More About This Property
| State | TX |
|---|---|
| County | Montgomery |
| City | Magnolia |
| Zip Code | 77354 |
| Area | 15 |
| Subarea | Magnolia | 1488 East |
| Community Name | Royal Oaks On 1488 02 |
| Listing VS Median (in Royal Oaks On 1488 02) | |
Price: $373,999 low | high Med: $373,999 sqft: 1,440 low | high Med: 1,440 $ / sqft: $260 low | high Med: $260 On site: 41 low | high Med: 41 | |
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Land & Ranch 210.483.7500 | Bandera 830.850.6700 | Global Luxury 210.483.5700 | Coldwell Banker Commercial Alamo City 210.483.6250
North Central San Antonio / Stone Oak 210.483.7070 | Harper Property Management 210.483.7040 | Relocation Services 210.483.7121
North West San Antonio 210.483.0000 | Laredo 956.722.4822 | Coldwell Banker Commercial International Gateway 956.937.2867
