PRICED FOR COMMERCIAL INVESTMENT! This property offers unlimited commercial potential PLUS it's located just a stones throw away from property that has already been purchased for future Commercial Development, just outside the City Limits of Magnolia! It could also provide a source of Rental Income for an Investor, AS-IS, with 5 UNRESTRICTED acres and 5 individual homes (currently 2 Tenant occupied and 3 Owner occupied), 6 carports, steel storage container, a pond/creek, and a small shop with a/c! All 5 homes have central a/c units. The main house and both manufactured homes each have their own separate conventional septic systems. The 2 Rental units up front share a conventional septic system with double storage tanks. Property is partially fenced with beautiful mature trees! Conveniently located just off of FM 1488! PROPERTY HAS NEVER FLOODED!!!