About This Home

This land at 31608 Old Hempstead Road in Magnolia, TX is listed for $1,500,000 (2.50 acres).

Key Features

  • 2.50 acre lot
Listing Description

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!

Location

31608 Old Hempstead Road

Magnolia, TX 77355

Abst-A4

Questions & Answers

This 0-bedroom, 0-bathroom land at 31608 Old Hempstead Road is listed at $1,500,000. The estimated monthly payment is $8,023 based on 20% down, a 30-year loan at 6.5% interest, estimated insurance.

Key features include: 2.50 acre lot.

This property is listed by Cody Maxwell, Broker.

CB

Cody Maxwell, Broker

Agent at Capitol Ranch Real Estate

Listed by Capitol Ranch Real Estate · Broker phone: (979) 530-7010 · View on Broker Site · Broker website

MLS# 157689· Source: South Central Texas Board of Realtors· 236 days on PropertySimple

Copyright © 2026 South Central Texas Board of Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

31608 Old Hempstead Road, Magnolia, TX 77355

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