Rare UNRESTRICTED 1.123-acre property near the heart of Magnolia with a flexible 3-bedroom, 2-bath layout with study, living room, & laundry room. Sellers have added an approximately 11x16 room, bringing the home to roughly 1,260 sq ft per seller. This property offers the kind of space & utility that is hard to find at this price point: a 15x40 insulated metal workshop with electric & water, plus an additional concrete pad large enough for a future workshop/building/RV parking. Bring your tools, trailers, equipment, animals, hobbies, or small business vision. The home offers comfortable everyday living with room to work, create, store, or expand. Enjoy mature trees, usable acreage, & a country feel while staying convenient to Magnolia amenities. Whether you need workshop space, flexible land use, or a property with future potential, this one delivers much more than a typical residential listing. Horses allowed. Commercial allowed out of city limits/zoning area.
For sale
$335,000
32117 Old Hempstead Rd, Magnolia, TX 77355
3beds
1,260sqft
Est.: Get pre-qualified
Single Family Residence
Built in 1964
1.12 Acres Lot
$325,000 Zestimate®
$266/sqft
$-- HOA
What's special
- 22 days |
- 1,617 |
- 147 |
Likely to sell faster than
Zillow last checked:
Listing updated:
Listed by:
Dana Colborn TREC #0651627 713-306-8895,
Ferris Realty
Source: HAR,MLS#: 86205860
Tour with a local agent
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 2
- Full bathrooms: 2
Rooms
- Room types: Utility Room
Primary bathroom
- Features: Primary Bath: Double Sinks, Primary Bath: Separate Shower, Secondary Bath(s): Shower Only
Heating
- Electric
Cooling
- Ceiling Fan(s), Electric
Appliances
- Included: Disposal, Dryer, Washer, Electric Oven, Freestanding Oven, Electric Range, Free-Standing Range, Dishwasher
- Laundry: Electric Dryer Hookup, Washer Hookup
Features
- Crown Molding, All Bedrooms Down
- Flooring: Carpet, Vinyl, Wood
- Has fireplace: No
Interior area
- Total structure area: 1,260
- Total interior livable area: 1,260 sqft
Property
Parking
- Parking features: Electric Gate, No Garage, Workshop in Garage
Features
- Stories: 1
- Patio & porch: Porch
- Fencing: Cross Fenced,Full
Lot
- Size: 1.12 Acres
- Features: Wooded, 1 Up to 2 Acres
Details
- Additional structures: Shed(s), Workshop
- Parcel number: 40314
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Other
- Property subtype: Single Family Residence
Materials
- Wood Siding
- Foundation: Block & Beam
- Roof: Metal
Condition
- New construction: No
- Year built: 1964
Utilities & green energy
- Sewer: Septic Tank
- Water: Public
Community & HOA
Community
- Subdivision: None
Location
- Region: Magnolia
Financial & listing details
- Price per square foot: $266/sqft
- Tax assessed value: $205,222
- Annual tax amount: $2,617
- Date on market: 5/13/2026
- Listing terms: Cash,Conventional,VA Loan
- Exclusions: Water System In Kitchen Under Sink
- Ownership: Full Ownership
- Road surface type: Asphalt
Estimated market value
$325,000
$309,000 - $341,000
$1,775/mo
Price history
| Date | Event | Price |
|---|---|---|
| 5/13/2026 | Listed for sale | $335,000+91.5%$266/sqft |
Source: | ||
| 3/12/2019 | Listing removed | $174,900$139/sqft |
Source: CENTURY 21 Hardee-Team Realty #34587973 Report a problem | ||
| 2/13/2019 | Listed for sale | $174,900$139/sqft |
Source: CENTURY 21 Hardee-Team Realty #34587973 Report a problem | ||
| 2/7/2019 | Pending sale | $174,900$139/sqft |
Source: CENTURY 21 Hardee-Team Realty #34587973 Report a problem | ||
| 1/25/2019 | Listed for sale | $174,900$139/sqft |
Source: CENTURY 21 Hardee-Team Realty #34587973 Report a problem | ||
| 1/16/2019 | Pending sale | $174,900$139/sqft |
Source: CENTURY 21 Hardee-Team Realty #34587973 Report a problem | ||
| 1/11/2019 | Price change | $174,900+9.3%$139/sqft |
Source: CENTURY 21 Hardee-Team Realty #34587973 Report a problem | ||
| 11/8/2018 | Pending sale | $160,000$127/sqft |
Source: Berkshire Hathaway HomeService #5819782 Report a problem | ||
| 11/5/2018 | Listed for sale | $160,000$127/sqft |
Source: Berkshire Hathaway HomeService #5819782 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | -- | $165,550 +10% |
| 2024 | $584 +2.5% | $150,500 +1.6% |
| 2023 | $570 | $148,120 -11.9% |
| 2022 | -- | $168,040 +37.3% |
| 2021 | $2,275 -5.8% | $122,410 0% |
| 2020 | $2,414 +78.7% | $122,420 +11.2% |
| 2019 | $1,351 +22.6% | $110,110 +52.3% |
| 2018 | $1,102 -4% | $72,290 -2.8% |
| 2017 | $1,148 -0.5% | $74,380 +4.9% |
| 2016 | $1,154 +10.6% | $70,920 +10% |
| 2015 | $1,043 | $64,470 +10% |
| 2014 | $1,043 | $58,610 +10% |
| 2013 | -- | $53,280 |
| 2012 | -- | $53,280 |
| 2011 | -- | $53,280 +3.1% |
| 2010 | -- | $51,690 +10% |
| 2009 | -- | $46,990 +10% |
| 2008 | -- | $42,720 -19.8% |
| 2007 | -- | $53,280 +50.9% |
| 2006 | -- | $35,310 |
| 2005 | -- | $35,310 |
| 2004 | -- | $35,310 |
| 2003 | -- | $35,310 |
| 2002 | -- | $35,310 |
| 2001 | -- | $35,310 |
Find assessor info on the county website
Monthly payment
Est. payment$--/mo
Payment breakdown
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All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
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Climate risks
Neighborhood: 77355
Nearby schools
GreatSchools rating
- 6/10Magnolia Elementary SchoolGrades: PK-4Distance: 1 mi
- 6/10Magnolia Junior High SchoolGrades: 7-8Distance: 1.1 mi
- 5/10Magnolia West High SchoolGrades: 9-12Distance: 0.7 mi
Schools provided by the listing agent
- Elementary: Magnolia Elementary School (Magnolia)
- Middle: Magnolia Junior High School
- High: Magnolia West High School
Source: HAR. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
A local agent can set up tours, give advice and negotiate with sellers.
- Texas
- Montgomery County
- Magnolia
- 77355
- 32117 Old Hempstead Rd




