$1,295,000

32118 Hempstead Rd

Magnolia TX, 77355

Description

Excellent investment opportunity with multiple possibilities! This lovely approximately 12 acre tract has a small pond with mature trees and so a perfect setting for a small housing development, RV or manufactured home park, apartment complex or upscale storage facility.Perfect location minutes from FM 1488 and 1774, near town but in a peaceful country setting. This property is currently used as an equestrian facility. There are multiple barns, paddocks, covered arena and outdoor arena, RV hookups, wash racks and lots of parking.Room to build your dream home and have an unbelievable facility for your horses, or to continue as an equestrian business. Sale includes improvements as they stand.

Details

MLS#14191290
Listing TypeFor Sale
Sub-TypeResale
StatusActive
Days On Site193

Features

ZoningNOTZON,OTHER
Acreage13.54

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Area Information

StateTX
CountyMontgomery
CityMagnolia
Zip Code77355
AreaDALLAS SOUTH OAK CLIFF (15)
Listing VS Median (in 77355)
Price:
$1,295,000
low | high
Med:
$1,295,000
50% of Average
On Site:
193
low | high
Med:
193
100% of Average
Listing Updated: 04/03/2020
MLS Number: 14191290
Listing Provided By:
Dana Staples  of  United Country Lake Palestine

All information provided by seller and is deemed to be correct, but is not guaranteed.  Buyer to verify and satisfy themselves with all information listed including but not limited to lot size, room sizes and square footage.  Buyers are encouraged to have property inspected by inspector of their choice.  Price subject to change.