31608 Old Hempstead Road, Magnolia, TX 77355

Magnolia
Local realty services provided by:Better Homes and Gardens Real Estate Gary Greene
31608 Old Hempstead Road,Magnolia, TX 77355
$1,999,500
  • 2.5 Acres
  • Lots / Land
  • Active
Listed by: whitley fisher
Office: capitol ranch real estate855-968-1200
MLS#:63265998
Source:HARMLS

Price summary

  • Price:$1,999,500

About this home

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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Home facts

  • Listing ID #:63265998
  • Updated:May 17, 2026 at 11:40 AM

Structure and exterior

  • Lot area:2.5 Acres
  • Lot Features:Open Lot

Schools

  • High school:MAGNOLIA WEST HIGH SCHOOL
  • Middle school:MAGNOLIA JUNIOR HIGH SCHOOL
  • Elementary school:MAGNOLIA ELEMENTARY SCHOOL (MAGNOLIA)

Finances and disclosures

  • Price:$1,999,500
  • Tax amount:$2,839 (2025)
Copyright 2026, Houston Realtors Information Service, Inc. All information provided is deemed reliable but is not guaranteed and should be independently verified. IDX information is provided exclusively for consumers' personal, non-commercial use, it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and the data is deemed reliable but is not guaranteed accurate by the MLS.

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