122 Commerce St, Magnolia, TX, 77355
About This Home
Rare opportunity in the Heart of Magnolia, backing to The Magnolia Stroll! Located in the newly zoned Magnolia Town Center, this quaint framed house on two city lots is ready for your personal touches. The exterior includes new hardi-plank siding, windows, front door plus fresh exterior paint. The interior has been re-framed to include a 2nd bathroom, with pex plumbing roughed out. The structure is currently a shell with reframing in place, requiring further completion of plumbing, electrical, HVAC, sheetrock & finishes. (HVAC partially in place, working status of unit unknown.) This location could be ideal for a Bed & Breakfast Inn, doctor's office, therapist, counselor, hair salon, bookstore, professional space, specialty business, boutique, craft store, antique store, small cafe or other venture to enhance the growing area. The slate is ready for your active role in the new Magnolia Town Center. (All future improvements to be independently verified with the City of Magnolia.)
Getting Around
Somewhat Walkable
Very Limited Transit
Somewhat BikeableSchools
Construction
Condition
- Year built: 1965
Materials
- Foundation: Block & Beam
- Roof: Composition
- Construction materials: Cement Siding
Type & Style
- Home type: SingleFamily
- Architectural style: Traditional
- Property subType: Single Family Residence
Interior
Bedrooms & Bathrooms
- Bedrooms: 3
- Bathrooms: 2
- Full bathrooms: 2
Features
- All Bedrooms Down
Heating & Cooling
- Heating features: None
- Cooling features: None
Interior Area
- Total structure area: 1,192
- Total interior livable area: 1,192 sqft
Kitchen
- Features: Kitchen open to Family Room,Pantry
Property
Details
- Parcel number: 331901
- Exclusions: N/A
Features
- Stories: 1
- Fencing: None
Lot
- Lot size: 6,899 sqft
- Features: Back Yard,Cleared,Other,0 Up To 1/4 Acre
Parking
- Total spaces: 1
- Parking features: Attached,Additional Parking
- Has garage: Yes
- Attached garage spaces: 1
- Covered spaces: 1
Climate Risk is Financial Risk
Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.
Biggest Threats for This Home
- Tornado
- Cold Wave
- Lightning
- Hurricane
- Heat Wave
- Inland Flooding
- Ice Storm
- Strong Wind
- Winter Weather
How This Home’s Risks Compare
FEMA Declared Disasters Across Texas Counties
Understanding the Costs
Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.
Estimated Costs Today
| Monthly | Annual | |
|---|---|---|
| Mortgage | $1,390 | $16,680 |
| Home Insurance * | $257 | $3,084 |
| Property Taxes | $400 | $4,800 |
| Electricity | $238 | $2,859 |
| Total | $2,285 | $27,420 |
Income You'd Need if You Spent...
Texas FAIR Plan Programs
How Costs Could Change Over Time
Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.
Comparing Against the Market
Price Per Sq Ft
vs Other Active Listings
Avg $/sqft
vs Homes Sold Last Month
Median $/sqft
Current Market Trends
Median Price Per Square Foot
The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.
Historicals for This Listing
Zestimate History ($/sqft)
Price History
| Date | Event | Price |
|---|---|---|
| 2026-03-18 | Listed for sale | $275,000 |
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