Discover endless possibilities with this unrestricted 5-acre property in one of Magnolia's fastest-developing areas. Whether you're looking for a live-work setup, small business location, or a peaceful country home, this property delivers. The beautifully updated 2,488 sq ft home features a spacious open-concept floor plan, highlighted by soaring 14-foot vaulted ceilings in the kitchen and living room. At the heart of the home is a stunning 5' x 8' oversized island, surrounded by custom solid wood shaker cabinets, leathered granite countertops, a walk-in pantry, and luxury vinyl plank flooring throughout. French doors to a 33' x 25' concrete patio. The carport offers ample storage, while a 30-amp RV plug adds convenience. With easy access to FM 2920 and 99, this location is ideal for a variety of uses, including a daycare, senior living facility, business, or horse property. A 3-stall barn with concrete flooring for equipment or inventory storage for your business or warehouses.