Houston

Humble Atascocita

Kingwood

Baytown

Sheldon

Channelview

Texas City

Galveston

Pearland

Pasadena La Porte

Dickinson

Katy

Fulshear

Conroe

The Woodlands

Spring

Tomball

MagnoliaTodd Mission

Chappel HillHempstead Prairie View

Waller

Bellville

Sealy Brookshire

Plantersville

MontgomeryNavasota

CollegeStation

Cypress

45

10

45

45

10

10610

59

5990

90

TOLL

99

TOLL

99

TOLL

249

TOLL

99

TOLLWAY

HCTRA

TOLLWAY

HCTRA

TOLLWAY

HCTRA

FA R M

R OA D

1960

290

T E X A S105

T E X A S149

T E X A S105

T E X A S288

T E X A S225

T E X A S146

T E X A S146

T E X A S336

T E X A S242

T E X A S249

T E X A S149

FA R M

R OA D

2920

FA R M

R OA D

1774

TOLLWAY

WESTPARK

6T E X A S

6T E X A S

Richmond

FA R M

R OA D

1093

TOLL ROADAUTHORITY

F O R T B E N DC O U N T Y

8B E LT WAY

8B E LT WAY

FA R M

R OA D

1463

30T E X A S

90T E X A S

244T E X A S

3090T E X A S

19T E X A S

190

Willis

Huntsville

Anderson

New Waverly

Washington

Brenham

Montgomery

Bryan

Cinco Ranch

P R O P E R T Y I N S I G H T S

• Ideal use development opportunity less than 7 minutes (2.3 miles) to the on-ramp of the Aggie Expressway

• Strategic location within the Magnolia ETJ and less than 5 miles east from downtown Magnolia along highly-trafficked FM 1488

• Numerous single-family residential developments underway with many commercial plans approved

• Corner tract

• All utilities available

• Unrestricted

USER DEVELOPMENT SITE FOR SALE ONMAJOR GROWTH CORRIDOR FM 1488

[email protected]

JOE BURKEMBA, USMC-RETIRED

[email protected]

ROB WHITAKER

39,028Current Population Within a 5-Mile Radius

$Average HHI Within a 3-Mile Radius

PROPERTY HIGHLIGHTS

► APPROXIMATE SIZE: ±1.4 acres

► PRICE: $549,000

► SCHOOL DISTRICT Magnolia ISD

► UTILITIES: Located at site

► FRONTAGE: Approx. 200 ft. on FM 1488

► TRAFFIC COUNTS: Approx. 25,251 VPD on FM 1488

► RESTRICTIONS: Unrestricted

5.5%Population Growth Within a 3-Mile Radius from 2010 to 2021

144,201

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Lake Windcrest Golf Course

Lake Windcrest Golf Course

Woodlands CoutryClub Course

Woodlands CoutryClub Course

WindcrestLake

Old MillLake

HallLake

VENTURAVENTURA

PINEHURSTPINEHURST

LYNWOODLYNWOOD

CAMPWOODCAMPWOOD

TALL OAKSTALL OAKS

GREEN TREEGREEN TREE

FOREST WESTFOREST WEST

ASCOT FARMSASCOT FARMS

THE ACREAGETHE ACREAGE

MOSTYN MANORMOSTYN MANOR

DECKER HILLSDECKER HILLS

OLD MILL LAKEOLD MILL LAKE

MILL CREEKMILL CREEK

THOUSAND OAKSTHOUSAND OAKS

CHAMPION GLENCHAMPION GLEN

DURANGO CREEKDURANGO CREEK

LAKE WINDCRESTLAKE WINDCREST

COUNTRY FORESTCOUNTRY FOREST

PARK PLACE WESTPARK PLACE WEST

WOODLANE FORESTWOODLANE FOREST

FOREST CROSSINGFOREST CROSSING

RIDGEWOOD NORTHRIDGEWOOD NORTH

MILLERS CROSSINGMILLERS CROSSING

OAKHURST ESTATESOAKHURST ESTATES

CANTERBURY RANCHCANTERBURY RANCH

WILDWOOD ESTATESWILDWOOD ESTATES

ROYAL OAKS NORTHROYAL OAKS NORTH

CIMARRON COUNTRYCIMARRON COUNTRY

SILVERADO RANCHESSILVERADO RANCHES

FALLS OF WILDWOODFALLS OF WILDWOOD

LONG LAKE ESTATESLONG LAKE ESTATES

OAK CREST ESTATESOAK CREST ESTATES

WINDCREST ESTATESWINDCREST ESTATES

INVERNESS CROSSINGINVERNESS CROSSING

HIDDEN LAKE ESTATESHIDDEN LAKE ESTATES

WILDWOOD ACRES WESTWILDWOOD ACRES WEST

WOODLAND OAKS NORTHWOODLAND OAKS NORTH

SENDERA LAKE ESTATESSENDERA LAKE ESTATES

HERITAGE FARMS NORTHHERITAGE FARMS NORTHMAGNOLIAHS

MAGNOLIAHS

MAGNOLIAPARKWAY

ES

MAGNOLIAPARKWAY

ES

SHERWOODSPORTHORSES

SHERWOODSPORTHORSES

OILFIELD STEELSUPPLY

OILFIELD STEELSUPPLY

TECPAC PLASTICS& SEALS

TECPAC PLASTICS& SEALS

HIGHLAND ESTATES NORTHHIGHLAND ESTATES NORTH

CEDRIC C SMITHES

CEDRIC C SMITHES

DERETCHINES

DERETCHINES

BEAR BRANCHJHS

BEAR BRANCHJHS

BEAR BRANCHES

BEAR BRANCHES

LINCOLNMANUFACTURING

LINCOLNMANUFACTURING

FA R M

R OA D

1488

FA R M

R OA D

2978

FA R M

R OA D

149

S P U R

149

TOLL

249

SOUTH

TERRAMONT DR

TERRAMONT DR

HU

FFSM

ITH

-DO

BB

IN R

DH

UFF

SMIT

H-D

OB

BIN

RD

WOODLANE BLVDWOODLANE BLVD

BEC

KY LN

BEC

KY LN

SENDERA DRSENDERA DR

SUP

ER

IOR

RD

SUP

ER

IOR

RD

VIC

KIE LN

VIC

KIE LN

ROU

ND

UP

ROU

ND

UP

EDGEWATER DR

EDGEWATER DR

MILLER RD

MILLER RD

DEER LODGE RDDEER LODGE RD

KAREN LN

KAREN LN

MANO

R DR

MANO

R DR

TAM

INA

RD

TAM

INA

RD

RRDD

EESSIIRR

NNUU

SS

SUPERIOR LNSUPERIOR LN

SPINN

AKER RUN

SPINN

AKER RUN

COUNTRY FOREST DR

COUNTRY FOREST DR

MO

STYN

DR

MO

STYN

DR

COM

MUNIT

Y RD

COM

MUNIT

Y RD

CO

RP

OR

ATE

WO

OD

S D

RC

OR

PO

RA

TE W

OO

DS

DR

MO

OR

E R

DM

OO

RE

RD

CA

RR

ING

TON

DR

CA

RR

ING

TON

DR

WEST RDWEST RD

CLUBHOUSE CIRCLUBHOUSE CIR

REVELWOODREVELWOOD

GA

RA

ND

RD

GA

RA

ND

RD

DEER PATH LNDEER PATH LN

CRESTWATER CIRCRESTWATER CIR

PRINE LNPRINE LN

OAK BLUFF DROAK BLUFF DR

ADAMS LN

ADAMS LN

WEDGEWOODWEDGEWOOD

HAYDEN DRHAYDEN DR

GARWOOD DR

GARWOOD DR

GA

BLE

CIR

CLE

GA

BLE

CIR

CLE

FRE

EM

ON

T RD

FRE

EM

ON

T RD

RAMBLEWOOD DRRAMBLEWOOD DR

NICKABURR CREEK DRNICKABURR CREEK DR

BLACK FOREST DRBLACK FOREST DR

CHARRED PINE DRCHARRED PINE DR

DESOTA RDDESOTA RD

E M

ON

TFA

IR B

LVD

E M

ON

TFA

IR B

LVD

E BORDER OAK DRE BORDER OAK DR

PRESLEY DRPRESLEY DR

TALL OAKS WAY

TALL OAKS WAY

W BO

RDER O

AK D

R

W BO

RDER O

AK D

R

MIL

LER

RD

MIL

LER

RD

SITE

A E R I A L S + A C R E A G E

E X E C U T I V E S U M M A R Y

Magnolia, Texas is located in southwest Montgomery County, nationally ranked as 7th in growth among U.S. counties. A short drive from Houston, Magnolia is poised for expansion with the arrival of the SH 249 Toll Way and major corporations like ExxonMobil moving into the area. At the crossroads of progress, Magnolia is still a place where neighbors help neighbors – a place to call home or grow your business.

The City of Magnolia is located the junction of FM 1774 and FM 1488, approximately 45 miles northwest of Houston and 25 miles southwest of Conroe. We are approximately 20 miles from both I-45 and US 290 – two of Houston’s main highway systems. The greater Magnolia area spans approximately 12 miles in all directions with an estimated population of more than 138,000.

Montgomery County is one of the fastest growing areas in the state. The quality of life offered by Magnolia makes it an easy choice for families, empty, empty nesters, and business executives alike. Here, peaceful pastures and lush pine forests co-exist in harmony with long-standing family businesses and new entrepreneurial ventures.

Throughout the years, this area has seen many changes, going from a railroad town and agriculture community to a “bedroom community” where residents may work in another city or county but live, pay taxes and spend most of their income in their city. With the widening of highway FM 1488, and now FM 1774, Magnolia will continue to grow with changes, challenges and ever evolving image.

Source: https://www.cityofmagnolia.com/

Houston

Galveston

Pearland

Pasadena La Porte

Dickinson

Katy

Conroe

The Woodlands

Tomball

Magnolia

Todd Mission

Waller

Bellville

Sealy Brookshire

MontgomeryNavasota

CollegeStation

Cypress

45

10

45

45

10

10610

59

5990

90

TOLL

99

TOLL

99

TOLL

99

TOLLWAY

HCTRA

TOLLWAY

HCTRA

TOLLWAY

HCTRA

FA R M

R OA D

1960

290

T E X A S105

T E X A S149

T E X A S105

T E X A S288

T E X A S225

T E X A S146

T E X A S146

T E X A S336

T E X A S242

T E X A S249

FA R M

R OA D

2920

FA R M

R OA D

1774

TOLLWAY

WESTPARK

6T E X A S

6T E X A S

Richmond

FA R M

R OA D

1093

TOLL ROADAUTHORITY

F O R T B E N DC O U N T Y

8B E LT WAY

8B E LT WAY

FA R M

R OA D

1463

30T E X A S

90T E X A S

244T E X A S

3090T E X A S

19T E X A S

190Huntsville

Cinco Ranch

[email protected]

JOE BURKE MBA, USMC-RETIRED

CONTACT OUR ADVISORS:

[email protected]

ROB WHITAKER

38 MIN

15 MIN

36 MIN

42 MIN

48 MIN

39 MIN TO KATY

49 MIN

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HOUSTON

AUSTIN

SAN ANTONIO

DALLASFORT

WORTH

140KTRADE AREAPOPULATION

GROWTH INDEX

Estimated 30% growth in population by 2040

County seat of Montgomery, the 6th fastest-growing county in U.S.

“WE’RE LOOKING FORWARD TO EXPANDING INTO...[MAGNOLIA] AND DEVELOPING A SIGNATURE COMMUNITY THAT WILL SET A TREND FOR DEVELOPMENT IN THIS AREA.”

SOURCE: STEVE SELLERS, EMPIRE CONTINENTAL LAND PRESIDENT

DEVELOPMENT INDEX

ETJ RE-ZONING EXPANSIONExpanded to FM 149 spur at FM 1488

S&P GLOBAL RATINGSRecent Double A bond rating

RETAIL CENTERSMagnolia Place, a 40K-SF, mixed-use development with HEB as anchor, 618 family units, 120 townhomes, and estimated to increase city sales tax by 2%

WORK/LIFE/PLAYAudubon Magnolia, a 3,300-acre master-planned community with 5,000+ homes at build-out

$20M Magnolia Lights, the fi rst mixed-use development in Magnolia, with 131 residential units and 20,000 SF of retail spanning 4 fl oors

EDUCATION INDEX

95.2%High school diploma

21.7%Bachelor’s degree or higher

5 Universities within 1 hour:

AWARDED BYSCENIC TEXAS2015 2020

REGIONAL HIGHLIGHTS

2010 Census, 2020 Estimates with Delivery Statistics as of 04/21DEMOGRAPHICS

POSTAL COUNTS 1 MILE 3 MILES 5 MILESCurrent Households 782 3,651 12,789

Current Population 2,348 11,027 39,028

2010 Census Average Persons per Household 3.3 3.3 3.4

2010 Census Population 1,499 6,865 27,772

Population Growth 2010 to 2021 5.1% 5.5% 3.7%

CENSUS HOUSEHOLDS 1 MILE 3 MILES 5 MILES1 Person Household 10.60% 10.70% 13.10%

2 Person Household 34.10% 33.20% 31.30%

3+ Person Household 19.90% 19.60% 19.10%

Owner-Occupied Housing Units 92.40% 86.90% 84.70%

Renter-Occupied Housing Units 7.60% 13.10% 15.30%

RACE AND ETHNICITY 1 MILE 3 MILES 5 MILES2021 Estimated White 86.90% 83.80% 81.80%

2021 Estimated Black or African American 3.20% 3.50% 3.70%

2021 Estimated Asian or Pacific Islander 3.60% 5.60% 4.70%

2021 Estimated Other Races 3.30% 4.20% 6.70%

2021 Estimated Hispanic 11.50% 13.0% 20.20%

INCOME 1 MILE 3 MILES 5 MILES2021 Estimated Average Household Income $127,428 $144,201 $133,189

2021 Estimated Median Household Income $139,841 $112,988 $100,312

2021 Estimated Per Capita Income $42,434 $47,756 $43,649

EDUCATION (AGE 25+) 1 MILE 3 MILES 5 MILES2021 Estimated High School Graduate 25.10% 25.40% 26.10%

2021 Estimated Bachelors Degree 24.20% 24.60% 24.20%

2021 Estimated Graduate Degree 12.60% 10.60% 11.00%

AGE 1 MILE 3 MILES 5 MILES2021 Median Age 40 38.7 36.6

Information About Brokerage ServicesTexas law requires all real estate license holders to give the following information about brokerage services to prospective buyers, tenants, sellers and landlords.

TYPES OF REAL ESTATE LICENSE HOLDERS:• A BROKER is responsible for all brokerage activities, including acts performed by sales agents

sponsored by the broker.• A SALES AGENT must be sponsored by a broker and works with clients on behalf of the broker.

A BROKER’S MINIMUM DUTIES REQUIRED BY LAW (A client is the person or party that the broker represents):

• Put the interests of the client above all others, including the broker’s own interests;• Inform the client of any material information about the property or transaction received by the

broker;• Answer the client’s questions and present any offer to or counter-offer from the client; and• Treat all parties to a real estate transaction honestly and fairly.

A LICENSE HOLDER CAN REPRESENT A PARTY IN A REAL ESTATE TRANSACTION:

AS AGENT FOR OWNER (SELLER/LANDLORD): The broker becomes the property owner’s agent through an agreement with the owner, usually in a written listing to sell or property management agreement. An owner’s agent must perform the broker’s minimum duties above and must inform the owner of any material information about the pro erty or transaction known by the agent, including information disclosed to the agent or subagent by the buyer or buyer’s agent.

AS AGENT FOR BUYER/TENANT: The broker becomes the buyer/tenant’s agent by agreeing to represent the buyer, usually through a written representation agreement. A buyer’s agent must perform the broker’s minimum duties above and must inform the buyer of any material information about the property or transaction known by the agent, including information disclosed to the agent by the seller or seller’s agent.

AS AGENT FOR BOTH - INTERMEDIARY: To act as an intermediary between the parties the broker must first obtain the written agreement of each party to the transaction. The written agreement must state who

will pay the broker and, in conspicuous bold or underlined print, set forth the broker’s obligations as an intermediary. A broker who acts as an intermediary:

• Must treat all parties to the transaction impartially and fairly;• May, with the parties’ written consent, appoint a different license holder associated with the broker

to each party (owner and buyer) to communicate with, provide opinions and advice to, and carry out the instructions of each party to the transaction.

• Must not, unless specifically authorized in writing to do so by the party, disclose:• that the owner will accept a price less than the written asking price;• that the buyer/tenant will pay a price greater than the price submitted in a written offer; and• any confidential information or any other information that a party specifically instructs the broker

in writing not to disclose, unless required to do so by law.

AS SUBAGENT: A license holder acts as a subagent when aiding a buyer in a transaction without an agreement to represent the buyer. A subagent can assist the buyer but does not represent the buyer and must place the interests of the owner first.

TO AVOID DISPUTES, ALL AGREEMENTS BETWEEN YOU AND A BROKER SHOULD BE IN WRITING AND CLEARLY ESTABLISH:• The broker’s duties and responsibilities to you, and your obligations under the representation agreement.• Who will pay the broker for services provided to you, when payment will be made and how the payment will be calculated.

LICENSE HOLDER CONTACT INFORMATION: This notice is being provided for information purposes. It does not create an obligation for you to use the broker’s services. Please acknowledge receipt of this notice below and retain a copy for your records.

Licensed Broker/Broker Firm Name orPrimary Assumed Business Name

Designated Broker of Firm

Licensed Supervisor of Sales Agent/Associate

Sales Agent/Associate’s Name

License No.

License No.

License No.

License No.

Phone

Phone

Phone

Phone

Email

Email

Email

Email

Buyer/Tenant/Seller/Landlord Initials Date

Regulated by the Texas Real Estate Commission (TREC) | Information available at http://www.trec.texas.gov

The information herein is subject to errors or omissions and is not, in any way, warranted by NewQuest Properties or by any agent, independent associate or employee of NewQuest Properties. This information is subject to change without notice.

8827 W. Sam Houston Parkway N. | Suite 200 | Houston, Texas 77040 | 281.477.4300

Home Asset, Inc., dba NewQuest Properties 420076 - (281)477-4300

H. Dean Lane, Jr. 366134 [email protected] (281)477-4300

H. Dean Lane, Jr. 366134 [email protected] (281)477-4300

MS2229_DK_07.09.21

1.4 Acres ALE DR SITE

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