
$471,000
NAL Estimated Property Value23707 Sanders Cemetery Rd, Magnolia, TX, 77355
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About this property
This property consists of 11.11 acres of AG-exempt unrestricted land featuring a two-story home with three bedrooms and two and a half bathrooms. The house has luxury vinyl plank flooring throughout and quartz countertops in the kitchen. The property operates on a well and septic system and has no (MUD) taxes. Additionally, the 80X100 foot barn is equipped with five horse stalls, a tack room, a workshop, and a wash rack, offering ample space for trailers, tractors, and other storage needs. The property includes a fully lit arena measuring 160 feet by 330 feet and a pond located at the front. The entire area is fully fenced with pipe fencing featuring two remotely controlled entry gates. Situated on a corner lot, this property has excellent potential for commercial development, with access to both Grand Pines Drive and Sanders Cemetery Road. DR Horton Grand Pines subdivision is directly across the street. Magnolia ISD has purchased land on Grand Pines to construct two new schools.
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Learn About the Market: Opportunity in Texas




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Texas
Living in Texas means access to four of the nation’s most dynamic metro economies — Dallas–Fort Worth’s corporate and logistics powerhouse, Houston’s global energy and medical hub, Austin’s tech-driven and culturally iconic Live Music Capital of the World, and San Antonio’s historic yet steadily expanding military and healthcare center. The state blends economic scale with cultural significance, rooted in independence, entrepreneurship, and a strong sense of place — from Friday night football to world-renowned barbecue and music festivals. For homebuyers, Texas offers comparatively attainable housing, no personal income tax, and master-planned communities built around space and convenience; for investors, continued population growth, business relocation, and diversified industries create sustained demand across urban cores, suburbs, and emerging secondary markets.
Population Growth
~1.3% annually
Net Migration
Positive
Median Home Price
$283,800
Unemployment Rate
4.3%
Price Trend
Flat
New Permits
158,121
City: Magnolia
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