Rare UNRESTRICTED 1.123-acre property near the heart of Magnolia with a flexible 3-bedroom, 2-bath layout with study, living room, & laundry room. Sellers have added an approximately 11x16 room, bringing the home to roughly 1,260 sq ft per seller. This property offers the kind of space & utility that is hard to find at this price point: a 15x40 insulated metal workshop with electric & water, plus an additional concrete pad large enough for a future workshop/building/RV parking. Bring your tools, trailers, equipment, animals, hobbies, or small business vision. The home offers comfortable everyday living with room to work, create, store, or expand. Enjoy mature trees, usable acreage, & a country feel while staying convenient to Magnolia amenities. Whether you need workshop space, flexible land use, or a property with future potential, this one delivers much more than a typical residential listing. Horses allowed. Commercial allowed out of city limits/zoning area.