MAGNOLIA – Empire Continental Land has purchased 221 acres along FM 1488 Iron Ore Rd. for a new-home community.
The project, which will break ground in 2022, will have more than 700 homes.
NewQuest Properties represented the seller, MAG Partners LLC.
The project will be Empire’s sixth in the Houston area and eight overall in Texas.
The Texas Real Estate Research Center has more information on housing: