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$730,000

Beds
4
Baths
3.5
sq ft
3,311

1518 Honea Egypt Rd, Magnolia, TX 77354

1518 Honea Egypt Rd

Magnolia, TX 77354

  • 17 days on market
Welcome to this stunning custom 4 bedroom 4 ½ bath home nestled in 3.6 ac of land in Magnolia TX This unique gem boasts abundant light throughout its spacious layout, accentuating the beautiful wood floors and inviting atmosphere. Drive through your private electric gate and you’ll be greeted by a bright sun room that flows into the kitchen which features granite countertops, updated cabinets and modern appliances. Each bedroom is generously sized with ample closet space. The game room is ideal for entertaining or enjoying family time. The backyard is surrounded by trees, expansive decking and a screened patio, a perfect setting for outdoor dining. This well-crafted layout includes a 600 sqft bonus room that can be tailored to your lifestyle needs (Private apartment, business space, etc) with its own entrance, laundry & bathroom. In addition: Workshop barn w/ 50-amp RV hookup & storage space. - A four phase water filtration system, and an alkalizer unit for the kitchen sink

Details

Property type

Single Family Residence

Est. home value

$667,134

Lot size

3.59 acres

Price per sq ft

$221

Year built

1998

Annual property taxes

$11,589

Monthly HOA fee

$37.5

Price History

03/22/2025
Houston

Houston #68146133

Listed
$730,000
12/22/2024
Houston

Houston #5110295

Removed
11/21/2024
Houston

Houston #5110295

Price change
$750,000
-3.23%

Schools & Community

Elementary school: 

TOM R. ELLISOR ELEMENTARY SCHOOL

Middle school: 

BEAR BRANCH JUNIOR HIGH SCHOOL

High school: 

MAGNOLIA HIGH SCHOOL

School district: 

Magnolia

Negotiation Insights

Before you make an offer, understand who you are negotiating with so you can tailor your negotiation strategy to their situation.

Seller could get up to

$21,211
Asking price
$730,000
Closing costs (~8% of asking)
-$58,400
Est. remaining loan balance
-$650,389
Cash to seller
$21,211

This is an estimate of how much the seller could receive at closing after paying off the outstanding mortgage.

Seller’s Loan History

Lender

Mortgage Research Center Llc

Loan start date

June 2023

Original loan amount

$663,975

Est. remaining balance

$650,389

Interest rate

6.39%

Loan type

VA, 30 year

Seller

Peter Savoie and Brenda Aguirre Savoie

Source: Public records data

If you're the owner, you can request to remove loan details. Email listingsupport@tomo.com

How insights can help you

Interest rate

If the seller has a low interest rate, they may be tempted to rent the property out if they can't get the price they have in mind.

Motivation

If the seller already got a job in a different city, they may feel pressure to sell quickly to free up cash for a new home.

Equity

If the seller stands to receive a large amount of cash when they sell the property, they might be willing to negotiate on the offer price.

Interested in learning more?

Status: Active

Tomo last checked: 04/09/2025 at 8:45 PM

Listing updated: 04/08/2025 at 3:15 PM

Listed by: Ricardo Bayon Lira, Hofer Real Estate Group Phone #: (832) 457-0279

MLS: Houston #68146133

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