Don't miss this opportunity to own property in the heart of Magnolia! This three bedroom, two bath home is situated on 2 acres on a quiet street (for now) in downtown Magnolia. The spacious home has great bones with large rooms, several bonus spaces with a large unattached carport and storage/flex space, a two car garage and large covered pavilion. Property is subject to city zoning - currently zoned as semi-urban residential according to city website. SU Zoning allows for residential dwellings, attached housing types (e.g., duplexes, townhomes, patio homes), planned developments, potentially with a mix of housing types and varying densities, and multifamily complexes such as assisted living according to the City of Magnolia's Comprehensive Plan (Buyer needs to verify with the City of Magnolia). Sits directly across Brantley Ln from the proposed "Magnolia Town Center". Sold As-Is. Public utilities, low taxes, Magnolia ISD.