SVN | J. Beard Real Estate Represents Red Hill Ventures in Sale of 60 Acres in Magnolia, TX

(Magnolia, TX – November 11, 2025) SVN | J. Beard Real Estate represented the sale of a 60-acre tract located at FM 1488 and Mill Creek Road in Magnolia, TX. Diana Gaines, Senior Advisor at SVN | J. Beard Real Estate, represented the seller, Red Hill Ventures, in the transaction. The buyer, Smith Douglas Homes, represented its own interests in the acquisition.

The property will become home to Pinemoor, the first self-development project in the Houston market for Smith Douglas Homes. The new single-family community will feature 216 residential lots and include a central park with a playground, a covered picnic area, walking trails, and a second playground located on the north side of the community. The first phase of lots is expected to be delivered in July 2026, with home sales anticipated to begin in the fourth quarter of 2026.

Future plans for the remaining 35 acres held by Red Hill Ventures include a mixed-use development and multifamily component, designed to complement the new residential community and bring long-term growth to the area.

“This land sale in Magnolia underscores the delicate balance between growth and responsible planning,” said Diana Gaines, Senior Advisor with SVN | J. Beard Real Estate. “Navigating through challenges such as the local water moratorium and post-pandemic development delays, this transaction represents both economic opportunity and a step forward in sustainable community design for the region.”