FM 1488, 560 ACRES

Property Type: Residential Development Land Acres: 560
County: WALLER Sq Ft:
Address: FM 1488 Price: $21,500 Per ACRE
City:
State: TX
Zip: 77445 Lease Price:
Key Map:
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Map

Description

560+/- ACRES ON FM 1488. FM 1488 PROPERTY FRONTAGE IS APPROXIMATELY 4,988 FEET. JOE LOGGINS PROPERTY FRONTAGE IS APPROXIMATELY 6,168 FEET.

Improvements

NONE. (PRIOR RANCH).

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 AND HEMPSTEAD, AND WALLER AT ITS WEST END. VERY LARGE RESIDENTIAL AND COMMERCIAL USE BEGINS 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+ AC 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, PROSPOSED BY-PASS AROUND MAGNOLIA, AND PROPOSED WALLER TOWN CENTER AT CITY OF WALLER. LOCATED IN WALLER ISD.

Restrictions

NO MOBILE HOMES.

Utilities

ELECTRICITY.

Minerals

SURFACE MINERALS.

Divisible

POSSIBLE IN LARGE SECTIONS.
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