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32607 Octavia Drive
Magnolia TX 77354 US

$390,000

Active Listing ID 39329802
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3 bed
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2.00 Bath (2 Full)
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Lot: 0.60 Acres
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Other

$390,000

Active Listing ID 39329802
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32607 Octavia Drive Attention investors and developers! This rare opportunity features more than 1/2 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 find-don't miss this unique opportunity.

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Property Features

  • Facts
  • Lot Size: 0.60 Acres
  • Property Type: Residential
  • Property Sub-type: Other
  • Features
  • Full Bathrooms: 2
  • Cooling System: Electric, Central Air
  • Roof Type: Composition
  • Heating Fuels: Central, Natural Gas

School Information

  • School
  • MAGNOLIA PARKWAY ELEMENTARY SCHOOL(Elementary)
  • MAGNOLIA PARKWAY JUNIOR HIGH(MiddleSchool)
  • MAGNOLIA HIGH SCHOOL(HighSchool)

Property

  • propertytype: Residential
  • propertysubtype: Other
  • listprice: 390000
  • unparsedaddress: 32607 Octavia Drive
  • postalcity: Magnolia
  • stateorprovince: TX
  • country: US
  • postalcode: 77354
  • bathroomsfull: 2
  • bathroomshalf: 0
  • bathroomsonequarter: 0
  • bathroomsthreequarter: 0
  • lotsizeacres: 0.6026
  • lotsizeunits: Acres
  • lotsizearea: 0.6026
  • livingarea: 1440
  • livingareaunits: Square Feet
  • latitude: 30.213261
  • longitude: -95.645964
  • listagentfullname: Aurelio Rodriguez
  • listagentemail: auri@springbranchrealty.com
  • listagentkey: 3yd-HARMLSTX-AureRDZ
  • listagentmlsid: AureRDZ
  • listagentpreferredphone: 7133309953
  • listagentofficephone: 3463672644
  • listofficekey: 3yd-HARMLSTX-SPNG01
  • listagentstatelicense: 0820811
  • listofficemlsid: SPNG01
  • disclaimer: Copyright © 2026 Houston Realtors Information Service. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
  • sourcesystemid: HARMLSTX
  • yearbuilt: 1985
  • listingcontractdate: 2026-07-20
  • countyorparish: Montgomery
  • parcelnumber: 155783
  • elementaryschool: MAGNOLIA PARKWAY ELEMENTARY SCHOOL
  • highschool: MAGNOLIA HIGH SCHOOL
  • elementaryschooldistrict: 36 - Magnolia
  • middleorjuniorschooldistrict: 36 - Magnolia
  • highschooldistrict: 36 - Magnolia
  • cooling: Electric, Central Air
  • constructionmaterials: WoodSiding
  • heating: Central, Natural Gas
  • fireplaceyn: False
  • transactiontype: ForSale
  • storiestotal: 1
  • parkingtotal: 0
  • roof: Composition
  • waterfrontyn: False
  • franchiseaffiliation: None
  • rooms: Bedroom 1, Bathroom 1, Bedroom 3, Bathroom 2, Bedroom 2
  • dock: False
  • poolprivateyn: False
  • spayn: False
  • internetaddressdisplayyn: True
  • internetautomatedvaluationdisplayyn: True
  • internetconsumercommentyn: True
  • location: -95.645966, 30.21326
  • customfields: {"AdditionalInformation":{}, "AlternatePrices":[], "BrokerName":"Spring Branch Realty Inc.", "BuilderEmail":null, "BuilderFax":null, "BuilderPhone":null, "City":null, "Country":null, "CustomSourceId":null, "Expenses":[], "GeocodeOptions":null, "LeadRoutingEmail":"auri@springbranchrealty.com", "ListBrokerageCity":"Houston", "ListBrokerageCountry":"US", "ListBrokerageEmail":"orlando@springbranchrealty.com", "ListBrokerageLogoUrl":null, "ListBrokerageName":"Spring Branch Realty Inc.", "ListBrokeragePhone":"346-367-2644", "ListBrokeragePostalCode":null, "ListBrokerageStateOrProvince":"TX", "ListBrokerageUnitNumber":null, "ListBrokerageUnparsedAddress":"9610 Long Point Rd Ste 300", "ListBrokerageWebsiteUrl":null, "ListOfficeAddress1":"9610 Long Point Rd Ste 300 ", "ListOfficeAddress2":null, "ListOfficeBrokerMlsId":"SPNG01", "ListOfficeCity":"Houston", "ListOfficeCountry":"US", "ListOfficeEmail":"orlando@springbranchrealty.com", "ListOfficePostalCode":"77055", "ListOfficeStateOrProvince":"TX", "ListPriceCurrencyType":"USD", "ListingTitle":"SINGLE_FAMILY - Magnolia, TX", "ListingURL":"https://www.realtor.com/realestateandhomes-detail/32607-Octavia-Dr_Magnolia_TX_77354_M88315-40800?f=listhub&s=HARMLSTX&m=39329802&c=rexren", "MLSModificationTimestamp":"2026-07-21 09:04:43", "Neighborhoods":[{"Description":null, "Name":"Royal Oaks On 1488 02"}], "PostalCode":null, "RoomCount":3, "StateOrProvince":null, "Taxes":[{"TaxAnnualAmount":1411, "TaxDescription":"ROYAL OAKS ON 1488 02, LOT 110, 111, MH SERIAL # C10234A, TIT", "TaxYear":"2025"}], "UnitNumber":null, "UnparsedAddress":null}
Listing Changed: 1/1/2020 12:00:00 AM GMT
Source Updated Date: 8/5/2026 12:36:28 PM GMT

Courtesy of: Aurelio Rodriguez, Spring Branch Realty Inc., auri@springbranchrealty.com

Copyright © 2026 Houston Realtors Information Service. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.