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$92,500

818 Wiley Drive, Magnolia, TX, 77354

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Baths0 Bath

About this property

Excellent opportunity to build your custom home in the established Woodland Oaks community in Magnolia, TX. This 11,252 SF (0.258-acre) level lot offers approximately 80 feet of frontage and is ideally suited for a single-family residence. The property is located in Magnolia ISD with convenient access to FM 1488, FM 1774, shopping, dining, and everyday amenities while maintaining the privacy and charm of a quiet residential neighborhood. Utilities are available in the area. The property is served by a MUD water system and requires a septic system. A recent survey is available. Low annual HOA dues. Whether you're planning your forever home or looking for an investment opportunity, this is a great lot in one of Magnolia's most desirable growing areas.

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$0Estimated Equity
0% equity
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Estimated ARV (After-Repair Value)
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Rent-to-Value Ratio: 0.72%
Rent Estimate
$555 /month
Positive
Cash Flow Estimate:
$185 /month

Interested in this property?

Gary Bisha

My Castle Realty

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$X/month
$365/month
5.947%

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.

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Population Growth

Population Growth

~1.3% annually

Net Migration

Net Migration

Positive

Median Home Price

Median Home Price

$283,800

Unemployment Rate

Unemployment Rate

4.3%

Price Trend

Price Trend

Flat

New Permits

New Permits

158,121

City: Magnolia

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