Date
Details
Price
Change
Source
3/05/2026
Listed
$1,999,500
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
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Property 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!
Full Property Details
Full Property Details for 31608 Old Hempstead Rd
General
- Price: $1,999,500
- Taxes: $2,839 (2025)
- Status: Active
- Type: Lots/Land
- Source: Houston
- MLS ID: 63265998
- Updated: 3/21/2026
- Added to Site: 21 day(s) ago
Location
- Area: 15
- County: Montgomery
- Subdivision: Abst-A4
- Driving 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.
School Information
- Elem School District: 36 - Magnolia
- Midd School District: 36 - Magnolia
- High School District: 36 - Magnolia
- Elementary School: MAGNOLIA ELEMENTARY SCHOOL (MAGNOLIA)
- Middle School: MAGNOLIA JUNIOR HIGH SCHOOL
- High School: MAGNOLIA WEST HIGH SCHOOL
Utilities
- Water: Public
- Utility Description: Electricity Available
Lot Features
- Lot Size (Acres): 2.497
- Lot Size Source: Appraiser
- Lot Features: Open Lot
- Potential Use: Single Family
Financial Considerations
- Tax Amount: $2,839
- Tax Year: 2025
- Terms: Cash, Conventional
Disclosures and Reports
- Documents Avail.: Resale Package
- Legal Description: A0601 WICKSON CYRUS, TRACT 3-A, ACRES 1.000, A0601 WICKSON C
- Legal Disclosures: None
- APN: 56300
Listed by Capitol Ranch Real Estate (855) 968-1200, Whitley Fisher (830) 460-0839
We Value Your Privacy
We Value Your Privacy
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Listing agent
— 31608 Old Hempstead Rd —
Whitley Fisher
Capitol Ranch Real Estate
830-460-0839
NMLS#: 1598647Get Pre-Approved Today
Schools
Schools serving 31608 Old Hempstead Rd
School District:Magnolia Independent School District
| Name | Grades | Distance |
|---|---|---|
Magnolia Elementary School, Magnolia, TX 31900 Nichols Sawmill Road, Magnolia, TX 77355 | PK-4 | 0.9 mi |
Magnolia J High School 31138 Nichols Sawmill Road, Magnolia, TX 77355 | 7-8 | 0.9 mi |
Magnolia West High School 42202 Fm 1774, Magnolia, TX 77355 | 9-12 | 1.2 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 31608 Old Hempstead Rd
Tax History
Tax History for 31608 Old Hempstead Rd
Year
Property Taxes
Change
Tax Assessment
Change
2024
$3,555
—
$208,915
-7%
2024
$3,555
15%
$224,570
14%
2023
$3,102
-11%
$196,520
—
2022
$3,468
33%
$196,520
40%
2021
$2,600
13%
$139,900
20%
2020
$2,293
-9%
$116,280
-2%
2017
$2,515
—
$119,200
1%
2017
$2,515
17%
$118,600
17%
2016
$2,151
-10%
$101,440
-14%
2019
$2,383
62%
$117,750
8%
2014
$1,474
—
$108,650
58%
2014
$1,474
-1%
$68,720
—
2013
$1,493
—
$68,720
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 31608 Old Hempstead Rd
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- Single Family
- Active
- Updated 2 days ago
- 3Beds
- 2Total Baths
- Single Family
- Active
- Updated 12 hours ago
- 3Beds
- 3Total Baths
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- Single Family
- Active
- Updated 5 days ago
- 3Beds
- 2Total Baths
- Single Family
- Active
- Updated 5 days ago
- 3Beds
- 3Total Baths
31608 Old Hempstead Road, Magnolia, TX 77355 (MLS# 63265998) is a Lots/Land property with a lot size of 2.497 acres. 31608 Old Hempstead Road is currently listed for $1,999,500 and was received on March 05, 2026. Want to learn more about 31608 Old Hempstead Road? Do you have questions about finding other Lots/Land real estate for sale in Magnolia? You can browse all Magnolia real estate or contact a Coldwell Banker agent to request more information.