118 Commerce Street

Magnolia, TX 77355

$350,000
Price
28,200 / 0.65
Lot Size / Acres

Description

Perfect opportunity to purchase land right in the heart of up and coming Downtown Magnolia! This little over 1/2 acre Corner Lot (.6474 ac) is located on The Stroll, Magnolia's version of a shopping/dining experience. Lots of exposure for the lot with the many festivals Magnolia has on The Stroll. Buyer to contact the City of Magnolia to verify all uses, utilities and restrictions. 8 lots in all!Perfect opportunity to purchase land right in the heart of up and coming Downtown Magnolia! This little over 1/2 acre Corner Lot (.6474 ac) is located on The Stroll, Magnolia's version of a shopping/dining experience. Lots of exposure for the lot with the many festivals Magnolia has on The Stroll. Buyer to contact the City of Magnolia to verify all uses, utilities and restrictions. 8 lots in all!
  1. Listed by Michael Thorman • TREC #0738488 • JLA Realty
  2. Listed by Lisa Grant • TREC #0505762 • JLA Realty

Property Details for 118 Commerce Street

Area
15
Geo Market Area
Magnolia/1488 West
Subdivision
Magnolia Melton
Primary Planned Community
No
School District
36 - Magnolia

Location

Listing Courtesy of JLA Realty, Michael Thorman, TREC #0738488; JLA Realty, Lisa Grant, TREC #0505762
Add your commute
LISTING UPDATED: 03/07/2024 02:24 PM

Property Details for 118 Commerce Street

StatusActive
MLS #80912529
Days on Market59
Taxes$1,107 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeLand
MLS TypeLots
Year Built-
Lot Size0.65 AC
CountyMontgomery County

Location

Listing Courtesy of JLA Realty, Michael Thorman, TREC #0738488; JLA Realty, Lisa Grant, TREC #0505762
Add your commute

Building Information for 118 Commerce Street

Lot Size0.65 AC

Payment Calculator

$2,002 per month

30 year fixed, 7.25% Interest

Principal and Interest

$1,910

Property Taxes

$92

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 118 Commerce Street

Description Information
School Details
  • School Elementary: MAGNOLIA ELEMENTARY SCHOOL (MAGNOLIA)
  • School Middle: MAGNOLIA JUNIOR HIGH SCHOOL
  • School High: MAGNOLIA WEST HIGH SCHOOL
Lot Information
  • Acres Description: 1/2 Up to 1 Acre
  • Lot Size Source: Appraisal District
  • Lot Use: Other
  • Lot Improvements: Cleared
  • Parcel Number: 7120-00-21500
Utilities
  • Gas: Availability Unknown
  • Cable: Unknown
  • Phone Avail: Unknown
  • Electric: Electric Available
Interior Exterior Utilities and Additional Information
Exterior Features
  • Lot Description: Corner
  • Water Sewer: Public Sewer, Public Water
  • 55+ Community: No
Financial Information
HOA and Fees
  • HOA Mandatory: No
  • Maintenance Fee: No
  • Fee Other: No
  • Tax Year: 2022
  • Tax Rate: 2.14%

Property History for 118 Commerce Street

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 118 Commerce Street

Taxable ValueLand$43,200Additions$8,530Total$51,730
Tax Record2023$969 ($81 / month)
Home Facts
Beds0Baths1Total Finished SqFt416 SqFtAbove Grade Finished SqFt416 SqFtStories1Lot Size7,200 SqFtStyleSingle Family ResidenceYear Built1950Zoning2CountyMONTGOMERYAPN7120-00-21500

Schools near 118 Commerce Street

This home is within Magnolia Independent School District.
Rating
School
Type
Grades
Distance
Public - PK to 4
Public - 7 to 8
Public - 9 to 12
Public - 8 to 10
Rating
School
Distance
Magnolia Elementary School
PublicPK to 4

Magnolia J High School
Public7 to 8

Magnolia West High School
Public9 to 12

Alternative Education Program
Public8 to 10

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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118 Commerce Street is a 0.65 ac of land for sale in Magnolia, TX 77355. This property was listed for sale on March 7, 2024 by JLA Realty, it's currently listed at $350,000. This listing's school district is Magnolia Independent School District. Nearby schools include Magnolia Elementary School, Magnolia J High School and Magnolia West High School. 118 Commerce Street is a 0-bed, 0-bath, 0.65 ac of land on a 28,200 sq. ft. / 0.65 acres lot.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of JLA Realty, Michael Thorman, TREC #0738488; JLA Realty, Lisa Grant, TREC #0505762

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