ROUNDUP: 7 developments underway in Magnolia
Hackberry Plaza is under construction on FM 1488. (Courtesy The J. Beard Real Estate Co.)
Editor's note: This story has been updated to include information from Colina Homes regarding Rosehill Meadows.
1. Mustang Ridge in the works near Magnolia West High School
KB Home is developing Mustang Ridge, which is under construction near Magnolia West High School. The community will feature 226 lots and is anticipated to open this summer, spokesperson Cara Kane said in an email.
The new community will offer homes ranging from 1,200 to 2,500 square feet with three to five bedrooms and up to 3.5 baths, beginning in the low $200,000 price range. A park, playground and pavilion are also planned, Kane said.
2. 51-acre Rosehill Meadows underway in Magnolia
The 51-acre community Rosehill Meadows is in the early stages on Decker-Prairie Rosehill Road in Magnolia. Developer Ahmet Ozan said the community will include approximately 250 home sites in two sections. The first 120 sites are slated to be ready in July for model home construction.
The neighborhood will feature parks, picnic areas, and walking and jogging trails. Devon Street Homes and Colina Homes are the builders in the community.
According to Devon Street Homes, model homes will be available this fall, ranging from 1,454 square feet to 2,883 square feet and ranging in price from $220,000 to $300,000.
According to Colina Homes, ground will be broken in about 60-90 days for home construction to begin. Homes are expected to begin pre-selling this summer alongside model home construction. Homes will range in price from $220,000-$280,000 for 40-foot lots and $255,000-$309,000 for 50-foot lots. The larger 50-foot lots will include three-car garages, according to Colina Homes.
3. Hackberry Plaza to add 15,000 commercial space along FM 1488
Hackberry Plaza is under construction at 10600 FM 1488, Magnolia, and is anticipated to be complete in June, said Jackson Cain, listing agent for the property with The J. Beard Real Estate Co. The plaza includes two 7,500-square-foot buildings with approximately six tenants slated for each. The project is marketed toward retail; professional office; and medical space, such as a dental practice, Cain said. According to marketing information, the two buildings will be connected via a 1,500-square-foot covered patio ideal for outdoor dining. www.jbeardcompany.com
4. 97-homesite Creekside Court under construction at Carraway Lane, FM 2978
Construction on Creekside Court, a KB Home community, is underway in Magnolia on Carraway Lane near FM 2978. The new community is anticipated to open this summer. The community will feature 97 single-family homes with a park, playground and open green space also planned, spokesperson Cara Kane said in an email.
Homes will range from 1,200-2,600 square feet with 3-5 bedrooms and up to three bathrooms, she said. Preliminary pricing is anticipated to be in the low $200,000s.
5. 60-acre mixed-use development slated near proposed H-E-B in Magnolia
A 60-acre mixed-use development is in the works at FM 1488 and Spur 149 in Magnolia, Gulf Coast Commercial Group Inc. announced in an April 6 release. The development, known as Magnolia Village, will be located across Spur 149 from Stratus Properties' proposed Magnolia Place development where H-E-B is scheduled to break ground in June, according to the release. Phase 1 of Magnolia Village includes 36 acres of retail and office space as well as 300 multifamily housing units, according to the release.
Magnolia Village is slated for completion in fall 2022, according to the release.
6. First model homes open in Audubon in Magnolia
Home sales have begun within the master-planned Audubon community with the April 5 opening of its first model homes by Anglia Homes, Audubon representatives announced in an April 5 release. Audubon spans 3,000 acres at the crosshairs of the Hwy. 249 tollway extension and FM 1488 in Magnolia. Anglia Homes and Devon Street Homes are developing within Audubon's first phase.
Audubon is expected to have 4,200 single-family homes at build-out, according to the release. Anglia's model homes begin in the $240,000s with 15 plans available, ranging from one- and two-story options from 1,464 to 2,653 square feet, per the release. Devon Street Homes is anticipated to open a model home in May, although its home sales have also begun in Audubon. Devon Street Homes will begin in the $220,000 range with up to five bedrooms and floor plans ranging from 1,500 to 2,662 square feet.
7. Master-planned Magnolia Springs set for 665 acres near Hwy. 249, FM 1486
The Signorelli Co. announced April 6 a new 665-acre master-planned community is set for Magnolia featuring green space, single-family homes and mixed-use development. Named Magnolia Springs, the new community is anticipated to feature 1,900 single-family homes, according to the release.
Magnolia Springs sits along FM 1486 just north of the Hwy. 249 extension—which opened in late March—and south of Hwy. 105, according to the release. Magnolia Springs will be zoned to Magnolia ISD and will include more than 490 acres of mixed-use development and 175 acres of open and green space as well as the single-family homes, according to the release.