28631 Fm 2978 Road
Magnolia, TX 77354
$3,250,000
Rare 11.289-acre unrestricted opportunity with approx. 414' frontage on FM 2978 near Hardin Store Rd! Ideal for residential, commercial or mixed-use investment and redevelopment. Property includes an older 1,665 SF single-family home with 3 bedroom 1.5 baths that may be renovated or removed for a new custom home, plus 4 commercial structures: 2,800 SF contractor workshop, 1,800 SF metal warehouse with interior office, 720 SF mechanic shop and 1,100 SF retail/office building. Approx. 8,085 SF total enclosed area, plus an additional 1,000 SF covered canopy attached to the warehouse. Two commercial tenants currently generate rental income, along with an income-producing billboard. Excellent opportunity for investors, owner-users or developers seeking acreage with existing income and future flexibility. Buyer to verify all measurements, restrictions and permitted uses.
| Listing Id: | 62101983 |
|---|---|
| List Price: | $3,250,000 |
| Property Type: | Farm |
| Property Sub Type: | Detached |
| Status: | Active |
| Bathrooms Full: | 1 |
| Living Area: | 1,665 |
| Tax Annual Amount: | $14,081 |
| Lot Size Acres: | 11.289 |
| Architectural Style: | Traditional |
| Waterfront?: | No |
| City: | Magnolia |
| County Or Parish: | Montgomery |
| Subdivision: | Brown James |
| Postal Code: | 77354 |
| Year Built: | 1920 |
| Basement Yn: | No |
| Bathrooms Total Integer: | 1 |
| Building Area Total: | 1,665.0 |
| Construction Materials: | WoodSiding |
| Cooling: | Window Units |
| Cooling?: | Yes |
| Directions: | From I-45, head west on Woodlands Parkway. Turn left onto FM 2978 and continue south. Property is on the right, just past Hardin Store Road. Look for 28631 FM 2978 Rd. |
| Elementary School: | CEDRIC C. SMITH ELEMENTARY SCHOOL |
| Elementary School District: | 36 - Magnolia |
| Fireplaces Total: | 1 |
| Fireplace?: | Yes |
| Garage?: | No |
| Heating: | WindowUnit |
| Heating?: | Yes |
| High School: | MAGNOLIA HIGH SCHOOL |
| High School District: | 36 - Magnolia |
| Internet Automated Valuation Display?: | Yes |
| Internet Consumer Comment?: | Yes |
| Lease Considered?: | Yes |
| Levels: | One |
| Listing Agreement: | ExclusiveRightToLease |
| Listing Terms: | Cash, Conventional, InvestorFinancing |
| Living Area Source: | Appraiser |
| Lot Features: | Other |
| Lot Size Units: | SquareFeet |
| Middle Or Junior School: | BEAR BRANCH JUNIOR HIGH SCHOOL |
| Middle Or Junior School District: | 36 - Magnolia |
| MLS Area Major: | 15 |
| MLS Area Minor: | Magnolia/1488 East |
| New Construction?: | No |
| Original List Price: | $3,250,000 |
| Parcel Number: | 37721 |
| Parking Features: | None |
| Pool Private?: | No |
| Possible Use: | Other |
| Postal City: | Magnolia |
| Postal Code Plus4: | 3790 |
| Road Frontage Type: | FarmToMarketRoad |
| Road Surface Type: | Asphalt, Gravel |
| Sewer: | SepticTank |
| Status: | Active |
| State Or Province: | TX |
| Stories: | 1 |
| Street Number Numeric: | 28,631 |
| Tax Year: | 2026 |
| Universal Property: | US-48339-N-37721-R-N |
| Vegetation: | Partially Wooded |
| Water Source: | Private, Well |
| Year Built Source: | PublicRecords |
| Listing Key: | 1194713766 |
| Current Price: | $3,250,000.00 |
| Country Subdivision: | 48339 |
| Record Signature: | 1,800,921,040 |
| Universal Parcel Id: | urn:reso:upi:2.0:US:48339:37721 |
Listing Courtesy of: Greatland Living
Listing Agent: Toan Vu
832-640-4646
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Houston Association of REALTORS® data last updated on November 07, 2026 01:08 AM - ET.
Property Last Updated: November 07, 2026 01:08 AM - ET
