What we know
Plans for Pinemoor include 216 homesites, a central park with a playground, a covered picnic pavilion, walking trails and a second playground on the community’s north side, according to the release. The first phase of lots is expected in July, with home sales anticipated in the fourth quarter of 2026.
Diana Gaines, senior adviser with SVN | J. Beard Real Estate, said the transaction reflects both economic momentum and careful planning amid regional development hurdles.
“This land sale in Magnolia underscores the delicate balance between growth and responsible planning,” she said. “Navigating through challenges such as the local water moratorium and post-pandemic development delays, this transaction represents both economic opportunity and a step forward in sustainable community design for the region.”
Also of note
In addition to Pinemoor, 35 adjacent acres retained by Red Hill Ventures are planned for a future mixed-use development and multifamily component, which the firm said will complement the new residential community and support long-term growth along the FM 1488 corridor.
SVN | J. Beard Real Estate, headquartered in The Woodlands, provides commercial real estate services across Texas, including acquisitions, leasing, management and development, according to the news release.
