Build your dream home on this beautiful 3-acre property just minutes from Magnolia Proper! Conveniently located off FM 1486 with easy access to the Aggie Expressway, this peaceful tract offers the perfect blend of country living and modern convenience. The existing home is move-in ready and provides an excellent opportunity to live on-site while you build, or with a little TLC to make it your own. The property includes a carport, an additional covered area with a storage shed. Partially cleared with mature shade trees, the lot offers a picturesque setting with room to expand. This established neighborhood is experiencing revitalization with new homes under construction and is located directly across FM 1486 from the Colton development—while still offering the benefits of a no HOA, low tax rate and no MUD tax. The property is on a private water well, conventional septic system, and propane. It has never flooded and is located in FEMA Flood Zone X, indicating a low risk of flooding.