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$2,500,000 Just Listed
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Property Description
Discover nearly 20 acres of prime real estate featuring over 800 feet of frontage on FM 1488, strategically positioned next to a planned residential community. This versatile property offers outstanding potential for commercial, residential, or mixed-use development-ideal for inline retail, storage facilities, warehouses, or luxury estate homes. The land is mostly cleared and well-maintained, featuring two existing homes, multiple barns and outbuildings, fenced pastures, and gravel access roads. The current main residence is a charming log cabin-style home with a spacious front porch, perfect for enjoying the serene, open surroundings. Whether you're a developer seeking high-visibility frontage, an investor exploring growth opportunities, or a horse and cattle enthusiast looking to create a dream ranch, this property delivers space, location, and endless potential.
Full Property Details
Full Property Details for 30109 Fm 1488 Rd
General
- Price: $2,500,000
- Taxes: $3,672 (2025)
- Status: Active
- Type: Farm Single-Family
- Source: Houston
- MLS ID: 35730893
- Updated: 4/24/2026
- Added to Site: 1 day(s) ago
Interior
- Number of Rooms: 3
- Fireplace: Yes
- Number of Fireplaces: 1
- Fireplace(s): Wood Burning
- Appliances: Dishwasher, Gas Oven
Rooms
Bathrooms
- Total Bathrooms: 2
- Full Bathrooms: 2
Bedrooms
- Total Bedrooms: 3
Location
- Area: 26
- County: Waller
- Subdivision: A324200
- Driving Directions: When heading West on FM 1488 from Magnolia the property is on the South side of the road just before the town of Feed Store. You will see two large water towers that are on the property next door. You will turn South into the property before those water towers. Sign at the entrance says Franz Show Goats.
School Information
- Elem School District: 55 - Waller
- Midd School District: 55 - Waller
- High School District: 55 - Waller
- Elementary School: FIELDS STORE ELEMENTARY SCHOOL
- Middle School: SCHULTZ JUNIOR HIGH SCHOOL
- High School: WALLER HIGH SCHOOL
Heating & Cooling
- Central air: Yes
- Air Conditioning: Yes
- Cooling Type: Central Air, Electric
- Heating Type: Central, Electric, Other
Utilities
- Sewer: Public Sewer
- Water: Public
Structural Information
- Architectural Style: Farmhouse, Other
- Structure Type: House
- Construction: Stone, Wood Siding
- Stories/Levels: 1
- Square Feet: 1,974
- Sq. Ft. Source: Appraiser
- Living Area: 1,974 Sq. Ft.
- Year Built: 1987
- Year Built Source: Public Records
Lot Features
- Lot Size (Acres): 19.643
- Lot Size Source: Appraiser
- Frontage: Farm to Market Road, Gravel
- Topography: Rolling
- Lot Features: Rolling Slope, Trees
- Potential Use: Agricultural
Financial Considerations
- Tax Amount: $3,672
- Tax Year: 2025
Disclosures and Reports
- Legal Description: ABS A324200 A-242 JOHN REESE TRACT PT 78-2 ACRES 1.0 P/O 19.
- Legal Disclosures: Easement(s), Seller Disclosure
- APN: 324200-078-002-200
Listed by LPT Realty, LLC (877) 366-2213, Ryan Landry (832) 642-0341
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Schools
Schools serving 30109 Fm 1488 Rd
School District:Waller Independent School District
| Name | Grades | Distance |
|---|---|---|
Fields Store Elementary School 31670 Giboney Road, Waller, TX 77484 | PK-5 | 1.4 mi |
Schultz J High School 20950 Field Store Road, Waller, TX 77484 | 6-8 | 5.8 mi |
Waller High School 31213 Waller Spring Creek Road, Waller, TX 77484 | 9-12 | 5.8 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 30109 Fm 1488 Rd
Date
Details
Price
Change
Source
4/24/2026
Listed
$2,500,000
—
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 30109 Fm 1488 Rd
Year
Property Taxes
Change
Tax Assessment
Change
2024
$577
3%
$213,660
-1%
2023
$562
—
$216,490
-1%
2023
$562
-67%
$219,120
4%
2021
$1,718
—
$211,440
20%
2021
$1,718
1%
$175,760
5%
2020
$1,695
—
$167,940
1%
2018
$1,694
-2%
$166,440
9%
2017
$1,720
—
$152,800
7%
2017
$1,720
-7%
$143,270
-1%
2014
$1,844
—
$144,550
—
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 30109 Fm 1488 Rd
Want to learn more about 30109 Fm 1488 Road? Do you have questions about finding other Farm Single-Family real estate for sale in Waller? You can browse all Waller real estate or contact a Coldwell Banker agent to request more information.

