2
Map
$1,500,000
●
Land -
For Sale
7318 Burr Oak Trace
Magnolia, TX 77354
Studio
0 Bath
$7,980
Est. Monthly
About This Property
Unleash the possibilities with 2 acres of this beautiful 5.760-acre
property in Magnolia, ideally located just minutes from The
Woodlands and the desirable Sterling Ridge area. This unique parcel
offers the perfect blend of privacy, space, and convenience while
still being close to shopping, dining, and everyday amenities.
Positioned at the intersection of Red Bay Circle, Sweet Bay Circle, and Burr Oak Trace, the property features rare three-way road frontage, providing excellent access and multiple potential building sites. The land sits at one of the highest points in the area and is not located in a floodplain, offering added peace of mind.
This versatile property provides outstanding flexibility for building your custom dream home, private estate, or residential retreat. Enjoy the beauty of nature, open space, & endless potential on this Magnolia acreage. Correct school: Smith Elem, Beat Junior High, & Magnolia HS.
Only 2 acres available for sale.
Positioned at the intersection of Red Bay Circle, Sweet Bay Circle, and Burr Oak Trace, the property features rare three-way road frontage, providing excellent access and multiple potential building sites. The land sits at one of the highest points in the area and is not located in a floodplain, offering added peace of mind.
This versatile property provides outstanding flexibility for building your custom dream home, private estate, or residential retreat. Enjoy the beauty of nature, open space, & endless potential on this Magnolia acreage. Correct school: Smith Elem, Beat Junior High, & Magnolia HS.
Only 2 acres available for sale.
Unit Size
-
Days on Market
-
Land Size
2.00 acres
Price per sqft
-
Property Type
Land
Property Taxes
$615
HOA Dues
-
Year Built
-
Listed By
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Cap Rate
100% Occupancy
N/A (extreme outlier) What does this mean?
Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.
How much can I actually make?
Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.
How is cap rate calculated?
Cap Rate = Net Operating Income (NOI) / Property Asset Value.
When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.
Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.
Last updated: 6 months ago (HAR #72268276)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| May 21, 2026 | Temporarily off market | - | |
| Temporarily off market | |||
| May 20, 2026 | Listed by Keller Williams Realty Southwest | $1,500,000 | |
| Listed by Keller Williams Realty Southwest | |||
| Mar 9, 2026 | Listed by Keller Williams Realty Southwest | $3,990,000 | |
| Listed by Keller Williams Realty Southwest | |||
| | |||
|
Unleash the possibilities with this beautiful 5.760-acre property in Magnolia, ideally located just minutes from The Woodlands and the desirable Sterling Ridge area. This unique parcel offers the perfect blend of privacy, space, and convenience while still being close to shopping, dining, and everyday amenities.
Positioned at the intersection of Red Bay Circle, Sweet Bay Circle, and Burr Oak Trace, the property features rare three-way road frontage, providing excellent access and multiple potential building sites. The land sits at one of the highest points in the area and is not located in a floodplain, offering added peace of mind.
This versatile property provides outstanding flexibility for building your custom dream home, private estate, or residential retreat. Enjoy the beauty of nature, open space, & endless potential on this Magnolia acreage. Correct school: Smith Elem, Beat Junior High, & Magnolia HS.
Seller is willing to subdivide the lot into 2 Acres minimum.
| |||
Property Highlights
Exterior Details
Lot Features: Subdivision, 2 Up to 5 Acres
Lot Size Area: 2
Lot Size Units: Acres
Lot Size Acres: 2
Lot Size Square Feet: 87120
Financial Details
Tax Annual Amount: $7,375
Comparables
Unit
Status
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Type
Beds
Baths
ft²
Price/ft²
Price/ft²
Asking Price
Listed On
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Closing Price
Sold On
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HOA + Taxes
About Montgomery
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Currently no similar homes aroundNearby Rentals
Listed by: Mona Parikh, Keller Williams Realty Southwest
Last Updated: 6 months ago
Data Source: HAR , MLS# 72268276
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Last Updated: 6 months ago
Data Source: HAR , MLS# 72268276
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