28631 Fm 2978 Road Magnolia, TX $ 3,250,000
28631 Fm 2978 Road
$ 3,250,000
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28631 Fm 2978 Road

Magnolia, TX, 77354
$ 3,250,000
Bedrooms-- Baths1.0 Sq 1,665

Monthly Estimate*

$ 22,447

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Farms/Ranches for sale in Magnolia, TX

for $3,250,000 with 1 full bath. This 1,665 square foot property was built in 1920 on a lot size of 11.289.

Rare 11.289-acre unrestricted opportunity with approx. 414' frontage on FM 2978 near Hardin Store Rd! Ideal for residential, commercial or mixed-use investment and redevelopment. Property includes an older 1,665 SF single-family home with 3 bedroom 1.5 baths that may be renovated or removed for a new custom home, plus 4 commercial structures: 2,800 SF contractor workshop, 1,800 SF metal warehouse with interior office, 720 SF mechanic shop and 1,100 SF retail/office building. Approx. 8,085 SF total enclosed area, plus an additional 1,000 SF covered canopy attached to the warehouse. Two commercial tenants currently generate rental income, along with an income-producing billboard. Excellent opportunity for investors, owner-users or developers seeking acreage with existing income and future flexibility. Buyer to verify all measurements, restrictions and permitted uses.

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Farms/Ranches Active

Price

$ 3,250,000

Full Bath

1

Property Type

Farms/Ranches

Taxes

$ 14,081

Style

Lot Size

11.289

Year Built

1920

Town/City

Magnolia

County/Region

Montgomery

MLS | Web ID

62101983

Features
General
Country US
Sewer Septic Tank
Heating Window Unit
Cooling Window Unit(s)
Garage Spaces 0
Architectural Style Traditional
Construction Materials Wood Siding
Year Built 1920
Stories Count 1
Levels One
Property Subtype Detached
Tax Year 2026
County Montgomery
New Construction false
Property Type Farm
Subdivision Name Brown James
Possible Use Other
Garage Y/N false
Full Baths 1
Status Active
Directions From I-45 head west on Woodlands Parkway. Turn left onto FM 2978 and continue south. Property is on the right just past Hardin Store Road. Look for 28631 FM 2978 Rd.
High School MAGNOLIA HIGH SCHOOL
City Magnolia
High School District 36 - Magnolia
MLS Area 15
Lot Size Units Square Feet
Elementary School CEDRIC C. SMITH ELEMENTARY SCHOOL
Tax Annual Amount 14081
Middle/Junior High School BEAR BRANCH JUNIOR HIGH SCHOOL
MLS Area Minor Magnolia/1488 East
Lease Considered Y/N true
Structure Type House
Standard Status Active
Occupancy Type Owner
Middle/Junior School District 36 - Magnolia
Elementary School District 36 - Magnolia
Year Built Source Public Records
Legal Description A0078 BROWN JAMES TRACT 19 21 ACRES 10.789
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Interior
Total Fireplaces 1
Air Conditioning Y/N true
Heating Y/N true
Fireplace Y/N true
Total Baths 1
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Exterior
Vegetation Partially Wooded
Parking Features None
Lot Features Other
Water Source Private Well
Building Area Total 1665
Lot Size Acres 11.289
Road Surface Type Asphalt Gravel
Road Frontage Type Farm to Market Road
Private Pool false
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* Excluded Features
List By
Greatland Living

Broker

toan@greatlandliving.com

Email

Affordability Calculator

$23,620
Per Month
95%
5%
0%
Monthly Principal & Interest
$22,447
Monthly Property Taxes
$1,173
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 7.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
0 Elementary School
0 Middle School
MAGNOLIA HIGH SCHOOL High School High School
Pricing History
DatePricePrice ChangeDescription
11/6/2026$3,250,000 Listed Price

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28631 Fm 2978 Road, Magnolia, TX, 77354 is a Farms/Ranches for sale at $3,250,000 with 1,665 sqft and a lot size of 11.289. 28631 Fm 2978 Road has 1.0 baths and was built in 1920. The property's zip code is 77354 which is in Magnolia, TX