1940 S Magnolia Avenue, Luling, TX 78648
Guadalupe County
Key Facts
Description
Prime Investment Opportunity – Fully Leased Storage Facility on 5 Acres with Expansion Potential! Don't miss this excellent opportunity to own a profitable storage business in a high-demand location just off IH-10, just outside of Luling, TX. Property Highlights: 5 acres allows additional land available for future expansion! 55 fully fenced and rented storage units! 1 unit – 10'X 8' 39 units – 10' X 16' 15 units - "10 X 20" Also Includes a 2-bedroom, 1-bath apartment– 50' X 30' -Ideal for on-site management, rental income, or personal use! High visibility and easy access from a major interstate! This is a turn-key investment with immediate cash flow and long-term growth potential. Whether you're an experienced investor or looking to expand your portfolio, this opportunity checks all the boxes.
Property Information
Property Type
Commercial Sale
Year Built
2017
Living Area
10,600 sq ft
Lot Size
5.00 acres
Days on Market
346
MLS® Listing#
584419
Property Features
Cooling
Heating
Flooring
Lot Features
Foundation
Roof
Community
Utilities
Sewer
Water Source
Financial Details
Annual Taxes
$17,601
Tax year 2025
Parcel Number
56676
Directions
GOING WEST ON IH 10 FROM HOUSTON. TAKE THE 2ND EXIT INTO LULING, TURN RIGHT ON HWY 80 THAT TURNS INTO MAGNOLIA AVE. UNITS ON THE LEFT.
Affordability Calculator
$179,800
Estimated monthly payment
$4,785/mo
Principal $719,200 · Est. interest $1,003,348 over 30 yrs
Neighborhood Market Statistics
How this home compares to active listings in Luling, TX
- $333,333
- Median Listing Price
- 88
- Median Days on Market
- 1,798
- Median Sq Ft
- $164
- Median Price / Sq Ft
- 84
- Active Listings
- This home’s price is 170% above the area median.
- Its price per sq ft is 48% below the area median.
Market statistics compiled from active EXIT Realty® and MLS listings in Luling, TX.
Location
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Points of Interest in Luling, TX
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Nearby Homes
Similar Homes Nearby
Similar Home Values
Comparable nearby listings and their asking prices.
| Address | Price | Beds | Baths | Sq Ft |
|---|---|---|---|---|
| 123 Bowie Trail, Luling, TX | $635,000 | 4 | 3 | 2,282 |
| 14858 Fm 1322, Luling, TX | $699,000 | 3 | 2 | 1,488 |
| 14858 Fm 1322, Luling, TX | $699,000 | 3 | 2 | 1,488 |
| 2124 bugtussle, Luling, TX | $750,000 | — | — | — |
| 000 Fm-86, Luling, TX | $902,972 | — | — | — |
| 1144 Treetop Lane, Luling, TX | $990,000 | — | — | — |
Moving Cost Estimate
EXIT Agents in Luling
Listing Courtesy: Riata Real Estate - (830) 875-6017