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Live MLS data via Repliers. Not for redistribution. © 2026
  1. Home›
  2. Magnolia homes for sale›
  3. 31608 Old Hempstead

$1,999,500

31608 Old Hempstead
Magnolia, TX, 77355

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!

Property details

Property type
Land
Style
Lots
Water
Public
Sewer
Aerobic Installed
Lot
2.497 acres
Taxes / yr
$2,839
Estimated monthly
$14,224/mo
P&I $10,642 · Tax $2999/mo · Ins $583/mo

Estimate only. Taxes and insurance are typical TX defaults; check exact figures before buying.

Listed by
Capitol Ranch Real Estate
Whitley Fisher
MLS63265998Listed3/5/2026Days on market1
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