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    18010 Fm 1488 Road

    Magnolia, TX 77354
    • $800,000
    • STATUS: Active
    • ON SITE: 59 days
    • MLS #: 27093867
    UPDATED: 72 min ago
    $800,000
    • 4
      BEDS
    • 0.63
      ACRES
    • 3
      BATHS
    • 1
      1/2 BATHS
    • 4,514
      SQFT
    • $177
      $/SQFT
    Neighborhood:
    Type:
    Single-Family Home
    Built:
    1998
    County:

    School Information

    School District:

    Description

    Great commercial location on high traffic corner in the heart of Magnolia! Currently used as a real estate office, the two buildings offer many different uses....use both for office/production, or use one to live in and the other for your home based business! You can have the best of both worlds with this beautiful brick 4 bedroom former model home with a separate Office building tandemly connected via a covered breezeway located on a commercial/residential corner in the heart of Magnolia! Located on the NEC of FM 1488 and Kelly Road, it blends the best of both worlds...your home office/business in a 1558 sf separate office building AND spacious 4BR /3.5 Bath former model h + Study + Extra Room upstairs to retreat to. The real estate company in occupancy now is Olde Homestead Properties. They are NOT closing the business, but would be willing to continue to lease part of the space upon sale, or will relocate to other space. Proforma cap rate is 5.375 (Owner/Agent)

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    © 2021 Houston Realtors Information Service, Inc. All rights reserved. All information provided is deemed reliable but is not guaranteed and should be independently verified. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data last updated 2021-09-24T09:12:13.25.
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    18010 Fm 1488 Road Magnolia, TX 77354

    • Price: $800,000
    • Status: Active
    • Updated: 72 min ago
    • MLS #: 27093867
    4
    Beds
    3
    Baths
    1
    ½ Baths
    0.63
    Acres
    4,514
    SQFT
    $177
    $/SQFT
    1998
    Built
    Neighborhood:
    Deer Crossing 03
    County:
    Montgomery
    Area:
    15 - Montgomery County SW
    Elementary School:
    Willie E. Williams Elementary School
    Middle School:
    Magnolia Junior High School
    High School:
    Magnolia West High School
    School District:
    Magnolia
    Property Description
    Great commercial location on high traffic corner in the heart of Magnolia! Currently used as a real estate office, the two buildings offer many different uses....use both for office/production, or use one to live in and the other for your home based business! You can have the best of both worlds with this beautiful brick 4 bedroom former model home with a separate Office building tandemly connected via a covered breezeway located on a commercial/residential corner in the heart of Magnolia! Located on the NEC of FM 1488 and Kelly Road, it blends the best of both worlds...your home office/business in a 1558 sf separate office building AND spacious 4BR /3.5 Bath former model h + Study + Extra Room upstairs to retreat to. The real estate company in occupancy now is Olde Homestead Properties. They are NOT closing the business, but would be willing to continue to lease part of the space upon sale, or will relocate to other space. Proforma cap rate is 5.375 (Owner/Agent)
    Exterior Features

    Acres Description 1/2 Up To 1 Acre Exterior Not FencedPatio/Deck Garage Carport Additional Parking Lot Description Corner Pool Area No Pool Private No Roof Composition Siding Brick Street Surface AsphaltConcreteCurbsGutters Style Traditional

    Interior Features

    Bedroom Description 1 Bedroom UpPrimary Bed - 1st FloorWalk-In Closet Beds Max 5 Compactor No Connections Electric Dryer ConnectionsWasher Connections Cool System Central ElectricZoned Dishwasher Yes Disposal Yes Fireplace Description Wood Burning Fireplace Fireplaces Number 1 Floors CarpetWood Foundation Slab Heat System Central Electric Icemaker No Interior Alarm System - OwnedDrapes/Curtains/Window CoverFire/Smoke AlarmHigh CeilingRefrigerator Included Master Bath Desc Double SinksHalf BathPrimary Bath + Separate Shower Microwave Yes Oven Type Electric OvenFreestanding OvenSingle Oven Range Type Electric CooktopGrill Rooms Description Breakfast RoomDenFormal DiningFormal LivingGameroom UpGarage ApartmentLiving Area - 1st FloorQuarters/Guest HouseStudy/LibraryUtility Room in House

    Property Features

    Annual Maint Desc Mandatory Country United States Disclosures Owner/AgentSellers Disclosure Dwelling Type Free Standing Energy Ceiling Fans Exclusions Desks - Office Equipment - Phone System Fee Other No Finance Available Cash SaleConventional For Lease No Hoa Mandatory Yes Lot Size Source Appraisal District Lot Value No Maint Fee Amt 50 Maint Fee Pay Schedule Annually Management Company Deer Crossing Master Planned Community YN No New Construction No Restrictions Deed Restrictions Sq Ft Source Appraisal District Tax Amount 7207 Tax Rate 2.4882 Tax Year 2020 Utility District 0 Water Sewer Public SewerPublic Water Year Built Src Appraisal District

    Listing information © 2021 Houston Association of REALTORS® MLS.
    Listing courtesy of Olde Homestead Properties Of.



    © 2021 Houston Realtors Information Service, Inc. All rights reserved. All information provided is deemed reliable but is not guaranteed and should be independently verified. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data last updated 2021-09-24T09:12:13.25.
     
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