Looking for an investment? Look no further! 5.1762 acres located approximately 3 miles from downtown Magnolia, 6 miles from Texas Renaissance Festival, and only 5 miles to the new Hwy 249 expansion with 420' of FM 1488 frontage. This area is BOOMING with new residential developments and expansions like Williams Trace located nearby. This property was once an RV Park that was lost in the 2011 wildfire that tore through Magnolia. Property has 13 RV hookups, 2 culverts for easy entrance and exit on to FM 1488, a 30x60 concrete slab where a shop once sat, former laundromat and bath house, along with 2 aerobic systems and onsite water well. All above ground improvements were destroyed from the fire giving you every opportunity to customize this property to your liking! Currently, a 4 bedroom mobile home is on site that is in need of extensive repair. Property is located in Waller County with a low tax rate of 2.13%.Come see what endless possibilities this investment has before its gone!