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31608 Old Hempstead Road Magnolia, TX $ 1,999,500
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$ 1,999,500 Get more info
31608 Old Hempstead Road
$ 1,999,500
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31608 Old Hempstead Road

Magnolia, TX, 77355
$ 1,999,500
Baths0.0

Monthly Estimate*

$ 12,311

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Studio

Lots and Land for sale in Magnolia, TX

for $1,999,500. The lot size is 2.497.

An incredible opportunity to purchase a rich piece of Magnolia. With road frontage on FM 1488 and Old Hempstead Road, this nearly 2.5 acres is a great location for commercial use. The 2,624 square foot building is currently home to The Bar-B-Que Hut. Inside you will find a large cooking area, restroom, and office space. Outside has a large covered seating area along with a walk up window to order. Next to the restaurant is an 1,800 square foot home with 3 bedrooms, 2 bathrooms and an office area. Aerobic septic systems for both the restaurant and home are in place. City water services both structures. Approximately 80 foot of frontage on FM 1488 and 170 foot of frontage on Old Hempstead. The opportunities are endless in this booming spot. Schedule your showing today!

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Lots and Land Active

Price

$ 1,999,500

Bedrooms

Studio

Property Type

Lots and Land

Taxes

$ 2,839

Style

Lot Size

2.497

Town/City

Magnolia

County/Region

Montgomery

MLS | Web ID

63265998
Features
General
Utilities Electricity Available
Tax Year 2025
County Montgomery
Property Type Land
Subdivision Name Abst-A4
Possible Use Single Family
Status Active
Directions From Magnolia take FM 1488 and head south. Turn right onto Old Hempstead Road. In 300 feet the house will be on your right. The restaurant will be in the next driveway.
High School MAGNOLIA WEST HIGH SCHOOL
City Magnolia
Disclosures None
High School District 36 - Magnolia
MLS Area 15
Lot Size Units Square Feet
Elementary School MAGNOLIA ELEMENTARY SCHOOL (MAGNOLIA)
Tax Annual Amount 2839
Middle/Junior High School MAGNOLIA JUNIOR HIGH SCHOOL
MLS Area Minor Magnolia/1488 West
Standard Status Active
Middle/Junior School District 36 - Magnolia
Elementary School District 36 - Magnolia
Legal Description A0601 WICKSON CYRUS TRACT 3-A ACRES 1.000 A0601 WICKSON C
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Interior
Total Baths 0
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Exterior
Lot Features Open Lot
Water Source Public
Lot Size Area 108769
Lot Size Acres 2.497
Lot Size Source Appraiser
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* Excluded Features
List By
Capitol Ranch Real Estate

Broker

whitley@capitolranch.com

Email

Affordability Calculator

$12,548
Per Month
98%
2%
0%
Monthly Principal & Interest
$12,311
Monthly Property Taxes
$237
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.25% 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 WEST HIGH SCHOOL High School High School
See complete school information
Pricing History
DatePricePrice ChangeDescription
3/6/2026$1,999,500 Listed Price

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31608 Old Hempstead Road, Magnolia, TX, 77355 is a Lots and Land for sale at $1,999,500 with a lot size of 2.497. 31608 Old Hempstead Road is a studio with 0.0 baths. The property's zip code is 77355 which is in Magnolia, TX

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