1.62 acres with Excellent frontage (approx. 300+ LF) on FM 1488 just West of Downtown Magnolia. Property situated on North boundary of FM 1488 at Ranch Crest Subdivision (600+ homes). Near several Residential Developments: Williams Trace Subdivision (approx 540 homes at build-out) located on the South boundary of FM 1488, Magnolia Ridge Subdivision 4.5 miles East on FM 1488 w/ approximately 700+ roof tops and Escondido located on FM 1774 just west of Magnolia West High School a 150-acre master-planned development bringing in a total of 600 homes. Site would be ideal for Retail, Townhome Development or Office.