NEW ROOF! NEW VINYL PLANK FLOORING! NEW PAINT! Live and work from this brick 4 bedroom former model home with separate office bldg located on hi-traffic corner of FM 1488 in the heart of Magnolia! The many uses incl. living in one and rent out the other, or use both for your business, or use both as living quarters. The spacious 2956 sf former model home has 4 bedrooms, huge den with fireplace + study + island kitchen downstairs + bonus room up. The second building is 1,558 sf and has 4 offices, a common area, and kitchen, restrooms and could be living quarters too, They are tandemly connected via a covered breezeway. Currently occupied by a real estate company who is 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 5.5% Also for lease..all or part. Note: furnishings are not included but could be negotiated separately. (Owner/Agent)
Property Description
Features
: Central electric
: Central electric, Zoned
: Wood burning fireplace
: Patio/deck, Not Fenced
1
: Carpet, Wood, Vinyl Plank
: Slab
: Fire/smoke alarm, High ceiling, Alarm system - owned, Refrigerator included
: Composition
Appliances
: Electric oven, Freestanding oven, Single oven
Address Map
US
Texas
Montgomery
Magnolia
77354
FM 1488
18010
Road
0
W96° 15' 13.8''
N30° 13' 2.7''
GPS might show the address to be 106 Kelly Rd. It's located on the NE corner of FM 1488 and Kelly Road across the street from Williams Elem and next door to the Landmark Bldg. From Tomball, take the new 249 toll road N to the 11488 exit. Go L on 1488 about 2 miles to the property on the R (N side). From the Woodlands, head W on FM 1488, past 149 into downtown Magnolia. The property is on the N/S. . Look for the Olde Homestead Prop billboard sign in front.
Additional Information
Olde Homestead Properties of
Barbara Gardner
: Owner/agent, Sellers Disclosure
: Desks - Office Equipment - Phone System
: Cash Sale, Conventional
1
MISSB
OLDE01
: Corner
$50
0
: Deed restrictions
36 - Magnolia
WILLIE E. WILLIAMS ELEMENTARY SCHOOL
MAGNOLIA WEST HIGH SCHOOL
MAGNOLIA JUNIOR HIGH SCHOOL
Active
2
: Traditional
$7,207
2.4882
2020
0
0
East,north
: Public sewer, Public water
3
07/04/2022 11:12:09
1 Bedroom Up,Primary Bed - 1st Floor,Walk-In Close
15
27,247 Sqft
5
DEER CROSSING
0
0
0
0
0
Island w/ Cooktop,Pantry,Second Sink
Half Bath,Primary Bath: Double Sinks,Primary Bath:
03
Brick,Cement Board
Annually
0
Appraisal District
Breakfast Room,Den,Formal Dining,Formal Living,Gam
0
Electric Cooktop,Grill
3775-03-01000
$850,000
0
Deer Crossing
Appraisal District
$31
S377503 - DEER CROSSING 03, RES A, ACRES 0.6255
212J
0
0
0
281-734-4681
0
0
Magnolia/1488 West
Appraisal District
0
Free Standing
Ceiling Fans
Electric Dryer Connections,Washer Connections
0
Mandatory
1/2 Up to 1 Acre
05/04/2022 09:38:38
1
6903
Unimproved Property
1
1087002
281-356-8470
realestate@homesteadprop.com
04/04/2022
$0
Not Allowed
Appraisal District
1037707
281-356-8470
Exclusive Right To Sell/lease
281-300-8457
Asphalt,Concrete,Curbs,Gutters
0
27
18010
0
0
$1,358,913
$0
1
4 Bedrooms
3 Bathrooms
4,514 Sqft
$850,000
Listing ID #17250950
Basic Details
Property Type : Single-family
Listing Type : For Sale
Listing ID : 17250950
Price : $850,000
Bedrooms : 4
Rooms : 15
Bathrooms : 3
Half Bathrooms : 1
Built Up Area : 4,514 Sqft
Year Built : 1998
Lot Area : 0.63 Acre
Price Sq Ft List : $0
Price Sq Ft List : $0
Baths Total : 3.10
Price Sq Ft List : $188
