Properties

Magnolia, TX 77354 32607 Octavia Drive

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Presented By: Spring Branch Realty Inc.;
  • MLS# 39329802
  • 07/20/2026
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  • Beds • 3
  • Baths • 2
  • SQFT • 1,440

Home Details

Attention investors and developers! This rare opportunity features more than ยฝ 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 findโ€”don't miss this unique opportunity.
Presented By: Spring Branch Realty Inc.;

Interior Features for 32607 Octavia Drive

Bedrooms

Total Bedrooms3

Bathrooms

Half Baths0
Total Baths2

Other Interior Features

LivingAreaSourceAppraiser
Air Conditioning Y/NYes
Heating Y/NYes

General for 32607 Octavia Drive

Architectural StyleOther
CityMagnolia
Construction MaterialsOther, WoodSiding
CoolingCentralAir, Electric
CountryUS
CountyMontgomery
DirectionsFrom Downtown Houston, take I-45 North and merge onto TX-99/Grand Parkway West. Continue to FM 2978 and head north, then turn left onto Woodland Oaks Drive. Continue through the neighborhood and turn onto Octavia Drive, where 32607 Octavia Drive will be located. The drive typically takes 45โ€“55 minutes under normal traffic conditions. Nestled in the growing Magnolia area, the property offers a peaceful suburban setting with convenient access to shopping, dining, parks and major commuter routes.
DisclosuresSellerDisclosure
Elementary SchoolMAGNOLIA PARKWAY ELEMENTARY SCHOOL
Elementary School District36 - Magnolia
Full Baths2
Garage Spaces
Garage Y/NNo
HeatingCentral, Gas
High SchoolMAGNOLIA HIGH SCHOOL
High School District36 - Magnolia
Lease Considered Y/NNo
Legal DescriptionROYAL OAKS ON 1488 02, LOT 110, 111, MH SERIAL # C10234A, TIT
LevelsOne
Lot Size UnitsSquareFeet
MLS Area15
MLS Area MinorMagnolia/1488 East
Middle/Junior High SchoolMAGNOLIA PARKWAY JUNIOR HIGH
Middle/Junior School District36 - Magnolia
ModificationTimestamp2026-08-13T16:42:55.647-00:00
New ConstructionNo
PostalCityMagnolia
Property SubtypeDetached
Property TypeResidential
RoofComposition
SewerSepticTank
Standard StatusActive
StatusActive
Stories Count1
Subdivision NameRoyal Oaks On 1488 02
Tax Annual Amount1411
Tax Year2025
Total Rooms3
Year Built1985
Year Built SourcePublicRecords

Exterior for 32607 Octavia Drive

Building Area Total1440
Foundation DetailsPillarPostPier
Lot FeaturesOther
Lot Size Acres0.6026
Lot Size Area26249
Lot Size SourceAppraiser
Parking FeaturesNone
Private PoolNo
Water SourcePublic

Additional Details

Price History

Connect Realty

Price $373,999
MLS#39329802
List Date 07/20/2026
Property Type Single Family
Phone 888.795.6274
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info@connectrealty.com
2170 Buckthorne PL. #100
The Woodlands, TX 77380
866-938-0924
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