32118 Old Hempstead Rd, Magnolia, Texas, 77355
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.