Nestled in the heart of Fresno, Texas, within Fort Bend County, the Magnolia Place subdivision offers a blend of charm and modern country living. This community at 1.65 Acres features single-family homes and additional land for redevelopment. Prime investment opportunity, It includes 4 income producing homes that are rented out with long term tenants. Available land space is clear out and ready for new built construction or commercial use.
Magnolia Place’s prime location ensures residents have easy access to major highways like Hwy 521 and the Fort Bend Tollway, facilitating convenient commutes to Houston, Pearland, Sugar Land, and Missouri City. The area is experiencing significant development, making it an attractive option for both homebuyers and investors.
lease term
12 months5,490 Sq Ft
1.607 Private Acres Exterior Space
Investment
$85 Monthly Maintenance/CC
$16,938 Annual Tax
Built in 2021
MLS/Listing ID 37419025
1 Stories
2 Units
Heating - Electric
Disposal
Microwave
Dishwasher
Cooling - Electric
Heating - Natural Gas
Lot - Cleared
Composition
Listing Courtesy of REALTY WORLD ELITE GROUP
Source of Data: HOUSTON ASSOCIATION OF REALTORS