Listing Id: 1580484663
Property Type: Mixed Use Land
County: Waller
Address: FM 1488
City:
State: TX
Zip Code: 77445
Status: Available
Acres: 512
Square Feet: 22,302,720.00
Total Price: Call for Information
Lease Price:
Zip Code: 77445

Description

512 ACRES ON FM 1488 AND BECKER RD. APPROXIMATELY 4,200 FEET OF FRONTAGE ON FM 1488.

Improvements

RANCH HOUSE AND BARNS.

Area Info

FM 1488 CONNECTS I-45, SH 249 TOLL ROAD AND US 290 AS AN EAST/WEST ARTERY. ALONG IT'S WAY, IT CONNECTS THE CITY OF CONROE, THE WOODLANDS, CITY OF MAGNOLIA, HEMPSTEAD AND WALLER AT IT'S WEST END. VERY LARGE RESIDENTIAL AND COMMERCIAL USE BEGINNING AT I-45 (EAST END) AND HAS SEEN RAPID GROWTH TO THE CITY OF MAGNOLIA. RECENT NEW GROWTH IS MOVING WEST OF THE CITY OF MAGNOLIA. D.R. HORTON HAS RECENTLY CONTRACTED FOR 200+ ACRES FOR RESIDENTIAL DEVELOPMENT WEST OF MAGNOLIA. VERY LARGE LAND OWNERS ALONG FM 1488 WEST OF MAGNOLIA WILL SOON DRAW RESIDENTIAL DEVELOPERS AND COMMERCIAL USE. RECENT NEW AREA IMPACTS: COMPLETION OF I-99 (GRAND PARKWAY), DAIKIN AIR CONDITIONING MANUFACTURING TO EMPLOY APPROXIMATELY 6,000 WORKERS, PROPOSED BY-PASS AROUND MAGNOLIA, AND PROPOSED WALLER CENTER AT CITY OF WALLER. LOCATED IN WALLER ISD.

Restrictions

NONE

Utilities

ELECTRICITY.

Frontage

APPROXIMATELY 4,200 FEET OF FRONTAGE ON FM 1488.

Easements

NONE.

Minerals

MINERAL SURFACE WAIVERS.

Divisible

MAY DIVIDE.