32607 Octavia Dr, Magnolia, TX 77354
- Beds
- 3
- Baths
- 2
- Sqft
- 1,440
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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.
Location
Full feature list
Basic info
- Property type
- House
- Number of stories
- 1
- Number of bedrooms
- 3
- Number of bathrooms
- 2
- Square feet
- 1,440
- Lot size (acres)
- 0.60
- Year built
- 1985
Utilities
- Heating
- Natural Gas
- Cooling
- Electric
- Sewer
- Septic System
- Water
- Public Water
Taxes
- Tax Annual Amount (2025)
- $1,411
Public schools
Disclaimer: Certain information displayed on this listing has been derived from parties other than Final Offer, LLC. Information provided and their sources have been deemed reliable, but accuracy of information is not guaranteed and therefore should be independently verified.
Sourced from: Houston Association of Realtors MLS®#: 39329802 Last checked: …

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