Located in a high-traffic, rapidly expanding area, this 2.61-acre property offers exceptional potential for retail or office development. Adjacent to Lakes of Magnolia Subdivision, the site boasts approximately 540 feet of frontage on FM 1774, with 3-phase electrical service and public water/sewer available. Itâ??s conveniently situated near key amenities just outside of the city limits, including the Magnolia Police Department, and is just 1 hour north of Houston and IAH Bush Airport. Importantly, the property is not in a flood plain, making it an ideal choice for strategic commercial expansion.
Magnolia is located in Texas. Magnolia, Texas has a population of 1,828. Magnolia is less family-centric than the surrounding county with 34.85% of the households containing married families with children. The county average for households married with children is 38.8%.
The median household income in Magnolia, Texas is $45,375. The median household income for the surrounding county is $74,323 compared to the national median of $57,652. The median age of people living in Magnolia is 37.6 years.
The average high temperature in July is 93.1 degrees, with an average low temperature in January of 41.4 degrees. The average rainfall is approximately 48.5 inches per year, with 0 inches of snow per year.