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$155,000

0 Commerce, Magnolia, TX, 77355

On MarketInfo

About this property

Wonderful lot in the heart of Historic Downtown Magnolia on the corner of Unity Park Dr. and Commerce! High visibility just off 1774 and surrounded by commercial businesses and restaurants, this lot offers multiple possibilities. Located near the charming Magnolia Stroll with lovely oak trees, this lot is ideal for building your business or holding for investment. It is recommended to review the City of Magnolia website for more information about the location and projects in and around the property's location.

Investor Tools

$0Estimated Mortgage Balance
$155,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
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Rent-to-Value Ratio: 0.72%
Rent Estimate
$930 /month
Positive
Cash Flow Estimate:
$310 /month

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Norma Andersson

RE/MAX Compass

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$X/month
No HOA
5.947%

City: Magnolia

0 Commerce | Property Details | No Agent List