MAGNOLIA – A new subdivision called Magnolia Reserve is in the works.
Magnolia Reserve LLC President Chris Wren said it will have 216 half-acre lots, family-oriented amenities, and full utilities without any MUD taxes.
The first section is almost complete, and the first builder, Terrata Homes, has closed lots and started construction on a model home and five spec homes.
It's located off FM 149, two miles north of FM 1488 and Magnolia High School.
Land Advisors Organization is representing Magnolia Reserve for builder lot sales.
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