31608 OLD HEMPSTEAD ROAD, MAGNOLIA, TX 77355
Homes for sale in Magnolia.
Homes for sale in 77355.
31608 Old Hempstead Road
Magnolia, TX 77355
List Price$1,999,500
Listing #63265998
2.5
Acres
Lots / Land
Type
About This Property
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 Features
Location Information
County
Montgomery
Longitude
-95.764985
MLS Area
Magnolia/1488 West
Subdivision
Abst-A4
Latitude
30.204587
Directions
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.
Exterior Features
Acre Range
2 Up to 5 Acres
Lot Size in Sq. Ft.
108,769
Lot Description
Open Lot
Is One Story
No
Lot Size in Acres
2.497
School
School District
Magnolia
Middle School
MAGNOLIA JUNIOR HIGH SCHOOL
Elementary School
MAGNOLIA ELEMENTARY SCHOOL (MAGNOLIA)
High School
MAGNOLIA WEST HIGH SCHOOL
Additional Information
Finance Available
Cash, Conventional
Year Built
0
Property Type
LL
Status
Active
Similar Listings
Mortgage Calculator
$9,337
per month
30 Year Fixed. 3.52% Interest Rate.
Principal + Interest
$7,205
Monthly Tax
$1,666
Monthly Insurance
$466
yrs
%
$
$
Based on a fully amortized fixed rate loan. Ask your agent for the tax rates in your area. Insurance estimate is based on an average cost, your final premium cost will be determined by the type of coverage you select. This program only provides an estimate.
Schools
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