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$1,800,000 Just Listed
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Property Description
Incredible opportunity! Don't miss your chance to own 9.68 UNRESTRICTED acres in the heart of downtown Magnolia! Boasting nearly 500 feet of frontage road along a high-visibility thoroughfare, this tract offers excellent access, visibility, and flexibility. Located just minutes from popular shops and dining, it's perfectly positioned for immediate impact. Whether you're ready to build, develop commercially, or bring your next project to life, this versatile property supports a wide range of uses.
Full Property Details
Full Property Details for Tbd Fm 1488
General
- Price: $1,800,000
- Taxes: (2025)
- Status: Active
- Type: Lots/Land
- Source: Austin_MLS
- MLS ID: 2717968
- Updated: 4/21/2026
- Added to Site: 2 day(s) ago
Additional Information
- Shared Amenities: See Remarks
Location
- Area: Out of Area
- County: Montgomery
- Subdivision: None
- Driving Directions: From S Magnolia Blvd, turn left onto FM 1488, property is located on the left.
School Information
- Elem School District: Magnolia Isd
- Midd School District: Magnolia Isd
- High School District: Magnolia Isd
- Elementary School: Magnolia (Magnolia)
- Middle School: Outside School District
- High School: Outside School District
Utilities
- Sewer: None
- Water: None
- Utility Description: Electricity Available, Sewer Not Available, Water Not Available
Structural Information
- Detached/Attached: Detached
Additional Structures
- Other Structures: None
Lot Features
- Property View: Pasture
- Lot Size (Acres): 9.68
- Lot Size (Sq. Ft.): 421,660.8
- Lot Features: Agricultural, Cleared, Few Trees
Horse Property
- Horse Property: Yes
- Horse Facility Desc.: Pasture
Financial Considerations
- Assessment Amount: $504,480
- Tax Year: 2025
- Terms: Cash, Conventional
Disclosures and Reports
- Special Conditions: Standard
- Documents Avail.: Aerial, Survey
- Legal Description: A0296 JONES SIMEON, TRACT 17, ACRES 9.230
- Disclosures/Reports: None
- Property ID: 44483
Listed by TX Rec Land Real Estate
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Price & Sales History for Tbd Fm 1488
Date
Details
Price
Change
Source
4/21/2026
Listed
$1,800,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for Tbd Fm 1488
Year
Property Taxes
Change
Tax Assessment
Change
2024
$10,870
—
$686,596
—
2024
$10,870
—
$686,600
—
2023
$10,839
-11%
$686,600
—
2022
$12,116
124%
$686,600
136%
2021
$5,406
-6%
$290,850
—
2020
$5,736
-29%
$290,850
-27%
2019
$8,094
16%
$399,960
22%
2017
$6,979
—
$329,120
—
2016
$6,979
15%
$329,120
16%
2014
$6,082
-1%
$283,580
—
2013
$6,159
—
$283,580
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for Tbd Fm 1488
Tbd Fm 1488, Magnolia, TX 77355 (MLS# 2717968) is a Lots/Land property with a lot size of 9.68 acres. Tbd Fm 1488 is currently listed for $1,800,000 and was received on April 21, 2026. Want to learn more about Tbd Fm 1488? Do you have questions about finding other Lots/Land real estate for sale in Magnolia? You can browse all Magnolia real estate or contact a Coldwell Banker agent to request more information.

