Unique opportunity on 2 unrestricted acres in Magnolia, TX with 5 separate units/structures, well and septic, and room to expand. Currently used as a single-family residence, the property offers potential for investors, multi-generational living, a workshop, or other uses. Unit 1 is a recently renovated 1,216 sq ft 2-bedroom, 2-bath home with custom kitchen, updated flooring and bathrooms, spacious patio, and fenced yard. Unit 2 is a 1-bedroom unit with window AC and carport. Units 3 and 4 are approx. 200 sq ft each with electricity and new sheetrock, offering potential for rooms, offices, or storage. Unit 5 is a 2-story studio loft with a deep 3-car garage/workshop, separate driveway, and privacy from the main home. A fenced area provides space for livestock or future expansion. No deed restrictions. Buyer to verify room sizes, permitted uses and requirements.