28631 Fm 2978 Road, Magnolia, TX 77354

Magnolia
Local realty services provided by:Better Homes and Gardens Real Estate Gary Greene
28631 Fm 2978 Road,Magnolia, TX 77354
$3,250,000
  • - Beds
  • 1 Baths
  • 1,665 sq. ft.
  • Farm
  • Active
Listed by: toan vu
Office: greatland living832-640-4646
MLS#:62101983
Source:HARMLS

Price summary

  • Price:$3,250,000
  • Price per sq. ft.:$1,951.95

About this home

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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Home facts

  • Year built:1920
  • Subdivision & Development:Brown James
  • Listing ID #:62101983
  • Updated:November 06, 2026 at 11:51 PM

Rooms and interior

  • Total bathrooms:1
  • Full bathrooms:1
  • Living area:1,665 sq. ft.

Heating and cooling

  • Cooling:Window Units
  • Heating:Window Unit

Structure and exterior

  • Year built:1920
  • Building area:1,665 sq. ft.
  • Lot area:11.29 Acres
  • Architectural Style:Traditional
  • Construction Materials:Wood Siding
  • Levels:1 Story

Schools

  • High school:MAGNOLIA HIGH SCHOOL
  • Middle school:BEAR BRANCH JUNIOR HIGH SCHOOL
  • Elementary school:CEDRIC C. SMITH ELEMENTARY SCHOOL

Utilities

  • Water:Well
  • Sewer:Septic Tank

Finances and disclosures

  • Price:$3,250,000
  • Price per sq. ft.:$1,951.95
  • Tax amount:$14,081 (2026)
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