31608 Old Hempstead Road
Magnolia, TX 77355
2.50Acres(Lot)
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!
Property Details
Map
Map
What's Nearby
Nearby Areas
Features
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Lot Information
Main Square Feet: 2.497 Acres Lot Size Acres: 2.497 Lot Size Square Feet: 108769.32 Lot Description: Open LotProperty Information
Subdivision: Abst-A4 Source Property Type: Land Postal Code Plus 4: 1637
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Listing Price Information
Listing Price: $1999500 Cash, Conventional
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Tax Information
Parcel Number: 56300 Tax Year: 2025 Annual Tax: $2839 Tax Legal Desc: A0601 WICKSON CYRUS, TRACT 3-A, ACRES 1.000, A0601 WICKSON C
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School Information
Elementary School: Magnolia Elementary School (Magnolia)Junior High School: Magnolia Junior High SchoolSenior High School: Magnolia West High School -
Utility Information
Electricity Available -
Location Information
Direction: 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. WaterSource: Public
How much is this property worth?
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Nearby Home Value
| Address | Estimate | Bed | Bath | Sq. Ft | Lot Size |
|---|---|---|---|---|---|
| TRACT C-3 Gaff Road, Magnolia, TX, 77355 | $79,000 | -- | -- | -- | 0.75 Acre(Lot) |
| 00 Goodson Rd, Magnolia, TX, 77355 | $1,300,000 | -- | -- | -- | Acres (Lot)-- |
| TRACT C-4 Gaff Road, Magnolia, TX, 77355 | $79,000 | -- | -- | -- | 0.75 Acre(Lot) |
| Michael Drive, Magnolia, TX, 77355 | $332,000 | -- | -- | -- | 5.53 Acres(Lot) |
| TBD Fm 1488, Magnolia, TX, 77355 | $549,000 | -- | -- | -- | 6.22 Acres(Lot) |
| TBD Fm 1774 Road, Magnolia, TX, 77355 | $485,000 | -- | -- | -- | 0.99 Acre(Lot) |
| 000 Whispering Meadow, Magnolia, TX, 77355 | $615,000 | -- | -- | -- | 10.76 Acres(Lot) |
| 000 Fm 1488, Magnolia, TX, 77355 | $1,500,000 | -- | -- | -- | 9.68 Acres(Lot) |
| 000 Bergman Drive, Magnolia, TX, 77355 | $230,000 | -- | -- | -- | 5 Acres(Lot) |
| LOT 1 Easy Street, Magnolia, TX, 77355 | $55,000 | -- | -- | -- | 0.02 Acre(Lot) |
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ByOwner last updated this listing 06/11/2026 @ 04:35
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