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32607 Octavia Drive

Magnolia TX 77354

3
2
1
1440 sq. ft.
26249.26 sq. ft.
Single-Family
Currently for sale - view listing

Overview

Attention investors and developers! This rare opportunity features more than ½ acre of land on a highly desirable corner lot, offering excellent potential for future development while generating immediate rental income. The property includes two existing rental homes (ALREADY LEASED), providing cash flow from day one. With its generous lot size, corner location, and development possibilities (subject to local zoning and approvals), this property is ideal for investors looking to expand their portfolio or explore new construction opportunities. Whether you're seeking a buy-and-hold investment, redevelopment project, or a combination of both, this versatile property offers exceptional upside. Large parcels with existing income and building potential are increasingly difficult to find—don't miss this unique opportunity.

Features

3 bedrooms
2 bathrooms
1 carspace
1 garage space
1440 sq. ft. floor area
26249.26 sq. ft. lot size
Single-Family

Happy sellers in Magnolia

94%
94% of sellers in Magnolia reported that their sale price either exceeded or met their price expectations.

Magnolia stands out for consistently delivering exceptional satisfaction and strong market results for homeowners.

This is based on voluntary sentiment collected from 3 reviews in Magnolia over the last 12 months.

Local market activity for 3 bedroom single-family properties in Magnolia

In the last 12 months, 605 three-bedroom single-family properties similar to 32607 Octavia Drive, have been sold.

This represents a 11% increase in three-bedroom single-family properties sales when compared to the previous 12 months.

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Sales:
(619) 566-0008
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