PRICE REDUCED!!! MOTIVATED SELLER!! Unlock the endless potential of this 1.6-acre property situated on FM 2978, just 0.3 miles from Hardin Store Road in a rapidly growing, high-traffic corridor! Perfectly positioned for residential, commercial, or mixed-use development, this site is surrounded by booming growth and offers exceptional visibility and access. Equipped with electricity, a water well, and six septic tanks (with the option to connect to public utilities), the property provides immediate functionality and future flexibility. Included are two homes—a spacious 2,500 sq ft residence and a separate 800 sq ft home - ideal for dual occupancy, rental income, or office use. Located on the Magnolia/The Woodlands border, just minutes from Grand Parkway/99 and Hooks Airport, this property sits in one of the region’s fastest-growing areas. Invest, build, or develop - opportunities like this are rare! Schedule your private showing today to see the potential firsthand.
For sale
Price cut: $263K (11/29)
$1,175,000
28536 Fm 2978 Rd, Magnolia, TX 77354
3beds
2,512sqft
Est.:
Single Family Residence
Built in 1976
1.6 Acres Lot
$1,133,100 Zestimate®
$468/sqft
$-- HOA
What's special
- 82 days |
- 78 |
- 1 |
Zillow last checked: 8 hours ago
Listing updated: December 01, 2025 at 12:52pm
Listed by:
Christi Priddy TREC #0802331 832-286-5577,
RE/MAX Integrity
Source: HAR,MLS#: 69878483
Tour with a local agent
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 2
- Full bathrooms: 2
Rooms
- Room types: Family Room, Utility Room
Heating
- Natural Gas
Cooling
- Electric
Appliances
- Included: Disposal, Dishwasher
- Laundry: Electric Dryer Hookup, Washer Hookup
Features
- All Bedrooms Down
- Windows: Window Coverings
Interior area
- Total structure area: 2,512
- Total interior livable area: 2,512 sqft
Property
Parking
- Total spaces: 2
- Parking features: Driveway Gate, Attached, Additional Parking, Garage Door Opener, Double-Wide Driveway, Extra Driveway, Driveway
- Attached garage spaces: 2
Features
- Stories: 1
- Patio & porch: Covered, Patio/Deck, Porch
- Exterior features: Back Green Space, Side Yard
- Has private pool: Yes
- Pool features: In Ground
- Fencing: Back Yard,Full
Lot
- Size: 1.6 Acres
- Dimensions: 266.6 x 239.2
- Features: Back Yard, Cleared, Greenbelt, Other, Wooded, 1 Up to 2 Acres
Details
- Additional structures: Workshop
- Parcel number: 00780102001
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Traditional
- Property subtype: Single Family Residence
Materials
- Brick
- Foundation: Slab
- Roof: Composition
Condition
- New construction: No
- Year built: 1976
Utilities & green energy
- Sewer: Septic Tank
- Water: Well
Community & HOA
Location
- Region: Magnolia
Financial & listing details
- Price per square foot: $468/sqft
- Tax assessed value: $368,926
- Annual tax amount: $5,361
- Date on market: 10/5/2025
- Listing terms: Cash,Conventional
- Road surface type: Asphalt, Concrete, Gravel
Estimated market value
$1,133,100
$1.08M - $1.19M
$2,540/mo
Price history
Price history
| Date | Event | Price |
|---|---|---|
| 11/29/2025 | Price change | $1,175,000-18.3%$468/sqft |
Source:  HAR #69878483 Report a problem | ||
| 11/18/2025 | Price change | $1,438,0000%$572/sqft |
Source: HAR #69878483 Report a problem | ||
| 10/5/2025 | Price change | $1,438,024-0.1%$572/sqft |
Source: HAR #69878483 Report a problem | ||
| 8/27/2025 | Price change | $1,438,9980%$573/sqft |
Source: HAR #27202047 Report a problem | ||
| 7/1/2025 | Price change | $1,438,999-0.1%$573/sqft |
Source: HAR #27202047 Report a problem | ||
Public tax history
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | -- | $368,926 +8.9% |
| 2024 | $1,188 -1% | $338,621 0% |
| 2023 | $1,200 | $338,670 |
Find assessor info on the county website
BuyAbility℠ payment
Est. payment
$7,729/mo
Principal & interest
$5839
Property taxes
$1479
Home insurance
$411
Climate risks
Neighborhood: 77354
Nearby schools
GreatSchools rating
- 9/10Cedric C SmithGrades: PK-4Distance: 0.5 mi
- 7/10Bear Branch J High SchoolGrades: 7-8Distance: 2.5 mi
- 7/10Magnolia High SchoolGrades: 9-12Distance: 6.6 mi
Schools provided by the listing agent
- Elementary: Cedric C. Smith Elementary School
- Middle: Bear Branch Junior High School
- High: Magnolia High School
Source: HAR. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
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