Conroe East Side 27 Single Family Homes Development
EXECUTIVE SUMMARY
Magnolia Place is a proposed residential subdivision consisting of twenty-seven (27) detached
single-family homes located at 329 S Magnolia Drive in Conroe, Texas. The project is currently in
the platting process with the City of Conroe and has successfully completed the Pre-Development
Meeting phase, receiving preliminary approval for the proposed layout of twenty-seven residential
lots.
The development is strategically positioned within one of the fastest-growing housing markets in
Texas. Conroe continues to experience substantial population growth driven by the expansion of
the Houston metropolitan area, strong employment opportunities, relatively affordable housing,
and continued infrastructure investment.
The proposed product consists of:
• 27 Single-Family Homes
• One Story Design
• Approximately 1,312 Sq. Ft. Living Area
• 3 Bedrooms
• 2 Bathrooms
• 2-Car Garage
• Lot Size: 45' x 120'
• Mid-Level Finishes
• Target Buyer: First-Time Homeowners, Young Families, Workforce Housing
PROJECT OVERVIEW
Development Summary
Property Owner: Guriezo Investments LLC
Builder: Wood & Smart Design LLC
Location: 329 S Magnolia Dr.
Conroe, Texas 77301
Proposed Development:
• 27 Residential Lots
• Internal Streets
• Public Utilities
• City of Conroe Services
• Single-Family Residential Product
•
Proposed Home Specifications:
• Living Area: 1,312 SF
• Bedrooms: 3
• Bathrooms: 2
• Garage: 2-Car
• Stories: 1
• Construction Type: Wood Frame
• Exterior: Brick / Cement Board Combination
• Energy Efficient Design
CONROE MARKET OVERVIEW
Conroe is consistently ranked among the fastest-growing cities in Texas.
Population Trend:
2010: 56,000
2020: 89,956
2026: 113,000+
Growth Since 2010:+101%
Economic ImpactThis development will generate both temporary and permanent employment opportunities throughout the planning, construction, maintenance, and property management phases.The project supports local economic development by:
Creating construction jobsIncreasing the local tax baseSupporting local suppliers and contractorsExpanding housing inventoryEncouraging future investment in the area
Long-Term VisionThe East Conroe Single Family Development represents more than a residential subdivision—it reflects our commitment to building communities that create lasting value for investors, homeowners, and future generations.Through disciplined planning and responsible development, Guriezo Investments Texas seeks to deliver projects that strengthen neighborhoods while generating attractive long-term returns.
DEMOGRAPHIC ANALYSIS
Population Growth
Conroe is consistently ranked among the fastest-growing cities in Texas.Population Trend:2010: 56,0002020: 89,9562026: 113,000+Growth Since 2010:+101%
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Household Income
Median Household Income:$76,206 annually.Per Capita Income:$51,557 annually.Poverty Rate:11.2%Target buyers for Magnolia Place fall within:$60,000 – $100,000 annual household income.This segment represents one of the largest buyer pools in Montgomery County.
EMPLOYMENT AND ECONOMIC DRIVERS
Major employers supporting residential demand include:
• Conroe Independent School District
• HCA Healthcare
• Memorial Hermann
• Entergy
• City of Conroe
• Montgomery County
• ExxonMobil Corridor
• Chevron
• Huntsman Corporation
• The Woodlands Business District
Thousands of residents commute daily between Conroe, The Woodlands, Spring, and North
Houston.
The continued expansion of employment centers creates sustained demand for affordable entry-
level housing.
SCHOOL ANALYSIS
The property is located within Conroe Independent School District (CISD), one of the highest-ratedschool districts in Texas.District Statistics:• 72,757 Students• 68 Campuses• Strong Academic Ratings• Consistently High Graduation RatesNearby Schools:Elementary School: Runyan ElementaryMiddle School: Peet Junior HighHigh School: Conroe High SchoolThe CISD reputation is a major driver of residential demand and property appreciation.
