(LAND) PRIME OFF-MARKET LOT OPPORTUNITY FOR NEW BUILD SFR (MAGNOLIA, 77355)
ASKING PRICE: $107,300
NEW CONSTRUCTION VALUE: $500,000
Location
- Located in Magnolia, a growing northwest Houston market with a more rural, acreage-friendly feel while still offering access to Tomball, The Woodlands, Conroe, Cypress, and Houston.
- Neighborhood amenity upside includes gated property-owner access, pool, pavilion, fishing lake, sport court, playground, and picnic areas.
Zoning & Development
- Minimum house size: 1,200 sq ft
- Max lot coverage: 25%
- Height limit: 2.5 stories
- Garage requirement: Minimum 2-car garage
- Setbacks:
- 10 ft side setback
- Front setback per recorded plat
- HOA Name: CCF12POA / IMC Woodlands
- HOA Fee: $227.81
Utilities & Infrastructure
- Water: Aqua water line available
- Sewer: Septic system required
- Road: Paved road frontage on Meadowsweet Dr
Lot Conditions & Specs
- Flat wooded lot
- Approx. 0.60 acres
- Approx. 95 ft frontage
- Approx. 115 ft rear width
- Approx. 260 ft and 239 ft side depths
- No known environmental issues or restrictions
COMPS:
VACANT LOT
NEW BUILD SFR
*CLICK HERE TO SUBMIT OFFER*
Contact for all info & offers!
704-285-1904
Lenny@zeres.capital
Looking for a CASH transaction. A non-refundable deposit is required in order to lock up the deal.
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Submitting your offer
Please submit your Highest and best offer once all due diligence has been completed. The highest and best will be accepted based on speed of closing, convenience and price.
All offers must be cash, private lending or hard money only, with the ability to close within (21) days or less. Price is net to the seller, buyer pays all closing costs unless otherwise specified.
After the offer is accepted, the contract must be signed and EMD must be received within 24 hrs to the agency/office that is facilitating the closing. Minimum EMD amount for this property is $2,500. Earnest Money Deposit is Non-Refundable unless title cannot be cleared.
All properties will be delivered fully insured with clear title from a reputable title company/attorney’s office and underwriter.
Basic Terms
For any offering, we either own the property or have equitable ownership interest with the ability to assign our contractual rights to the purchasing party. The buyer is responsible for their own due diligence and verifying all facts and figures in regards to purchasing the property. The opinion of value is given as a courtesy only as the seller makes no guarantees or warranties, express or implied, as to the value or condition of the property.
Wholesalers and Real Estate Agents
You may share this property with your buyers, however, please do not post this deal on any online platform without our consent. Wholesalers and Real Estate Agents, please add your fee and/or commission on top of our offering price when marketing to clients. To discuss further, please contact us.