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$299,000   Price Analysis
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306 Commerce St
Magnolia, TX 77355
2 bed 2 bath 1,572 SqFt ($190/SqFt)
0.79 acre lot. Built 1966
Listed 2024-06-18, Taxes $2,420
USDA Eligible
near Magnolia, TX
 

This home is in the heart of Magnolia and sits on a large .792+/- acres.

* Sale Pending *

Conveniently located in the town center and could be used as a small retail shopping, bed and breakfast, home business, etc. The City must approve any small business that would like this location. Backs up to the Stroll, which is intended as a walkable retail shopping and ent ertainment area.

Carport. Great location in the City of Magnolia, close to shopping, schools and churches. So much potential to rebuild for your small business that suits your needs. Although it was used as residential, it was rzoned as Town Center. It can not be used as residential, a small business. Home is sold as is .


Presented by Lisa Carswell at
Carswell Real Estate Co. Inc.
Listing Agent Photo

Property MLS #7175016 from Houston

Bedrooms: 2
Bedroom 1 Dimensions: 13 x 11
Bedroom 2 Dimensions: 9 x 12
Bedroom 1 Level: 1st
Bedroom 2 Level: 1st

Total Bathrooms: 2
Full Bathrooms: 1
1/2 Bathrooms: 1

Formal Dining, Home Office/Study. Home Office/Study: 11 x 14
Family Room Dimensions: 17 x 19
Family Room Level: 1st

Range Type: Electric Range
Dining Room Dimensions: 14 x 12
Dining Room Level: 1st

Cooling Features: Central Electric
Fireplace Features: Wood Burning Fireplace
Heating Features: Central Electric
Number of Fireplaces: 1

Flooring: Carpet, Laminate

Fully Fenced

Lot Description: Cleared
Lot Size Acres: 0.792
Lot Size Source: Appraisal District
Lot Size Square Feet: 34500

Association: No
Calculated Total Monthly Association Fees: 0

Elementary School: MAGNOLIA ELEMENTARY SCHOOL (MAGNOLIA)
High School: MAGNOLIA WEST HIGH SCHOOL
Middle School: MAGNOLIA JUNIOR HIGH SCHOOL
School District: 36 - Magnolia

Magnolia Elementary School is a public elementary school located approximately 0.2 miles away.
directions icon Map directions

Magnolia Sixth Grade Campus is a public elementary and middle school located approximately 0.2 miles away.
directions icon Map directions

Magnolia West High School is a public high school located approximately 1.4 miles away.
directions icon Map directions

Central Baptist Academy is a private elementary, middle and high school located approximately 2.9 miles away.
directions icon Map directions

Annual Tax Amount: 2421
Source Listing Status: Pending
County: Montgomery
Directions: From Pinehurst - North on FM 1774. Left on Nichols Sawmill., Right on Commerce. House is on the right.
Tax Year: 2022
Restrictions: Restricted
Ownership: Full Ownership
Source Property Type: Single-Family
Exclusions: Exemptions: Homestead, Veteran
Area: 15
Source Neighborhood: Magnolia Melton
Parcel Number: 7120-00-16600
Postal Code Plus 4: 8512
Subdivision: Magnolia Melton
Source System Name: C2C

YearAssessments
Building + Land
Total
Tax
2022$unknown + $unknown
$113,140
$2,420
2021$unknown + $unknown
$102,850
$2,328
2020$unknown + $unknown
$93,500
$2,267
2019$50,500 + $34,500
$85,000
$2,114
2018$52,050 + $34,500
$86,550
$2,234
2017$52,050 + $34,500
$86,550
$2,242
2016$52,050 + $34,500
$86,550
$2,235
2015$unknown + $unknown
$82,410
$2,140
2014$unknown + $unknown
$74,920
$1,953
2013$33,610 + $34,500
$68,110
$1,805
2012$unknown + $unknown
$68,110
$1,808
2011$unknown + $unknown
$68,110
$1,811
2010$unknown + $unknown
$68,110
$1,816
2009$unknown + $unknown
$68,110
$1,668
2007$unknown + $unknown
$68,110
$1,780
2007$unknown + $unknown
$68,110
$1,780

Listing removed 2024-06-18
$299,000
Houston
Listed 2024-06-18
$299,000
Houston
Price Changed 2024-06-04
$299,000
Houston
Price Changed 2024-05-22
$325,000
Houston
Price Changed 2024-03-12
$399,000
Houston
Price Changed 2024-02-07
$435,000
Houston
Price Changed 2023-10-18
$450,000
Houston
Listed 2023-08-16
$515,000
Houston

Total Square Feet Living: 1572
Year Built: 1966
Building Exterior Type: Brick
Foundation Details: Slab
Levels: 1
Living Area Source: Appraisal District
Property Age: 58
Roof: Composition
Levels or Stories: 1
House Style: Traditional

Water Source: Public Sewer, Public Water

Energy: Ceiling Fans
Click Thumbnail Images To View Full Size
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The property loan eligibility may be subject to additional requirements beyond geographical location including but not limited to the condition of the property. Speak with a real estate professional to find out more about the eligibility of a specific property.