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Mixed-Use Land for Sale in Magnolia, Texas

31608 Old Hempstead Rd, Magnolia, TX 77355

$1,800,000
2.5 acres
Active sale
Est $11,064/mo

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!

Sq feet

Location

Street address
31608 Old Hempstead Rd
Zip code
77355
Community
Abst-A4
School district
36 - Magnolia
Elevation
258 feet
Coordinates
30.2046, -95.765

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.

Property details

Acreage
2.497 acres
MLS #
SCBOR 157689
Posted

Parcels

  • 56300

Details and features

Listing

Type
Land

Structure

Water
Public

Listing history

DateEventPriceChangeSource
Aug 25, 2026New listing$1,800,000SCBOR
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This 2.497-acre property is located at 31608 Old Hempstead Rd in Magnolia, TX 77355. The property is available for sale, priced at $1,800,000. It has a structure.

Listed by Capitol Ranch Real Estate, (979) 530-7010

Checked 2 hours agoUpdated

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