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$775,000

Beds
4
Baths
4.5
sq ft
3,311

1518 Honea Egypt Rd, Magnolia, TX 77354

1518 Honea Egypt Rd

Magnolia, TX 77354

  • 21 days on market
Discover this beautiful custom 2-story home nestled on a sprawling 3.58 acres, enveloped by serene woods. This charming retreat offers 4 spacious bedrooms & an oversized upstairs game room, perfect for family gatherings and entertaining. The generously sized family room & kitchen create a warm, inviting atmosphere for everyday living. 3 bedrooms downstairs, & the 4th can be used as a bedroom, guest suite or currently being used as a business with its own entrance & dedicated bathroom. Step outside & enjoy the private backyard oasis surrounded by large trees, expansive decking, & a screened-in patio, surrounded by rose gardens creating a perfect space for outdoor dining & entertaining. The storage/workshop barn has electricity, 50 amp RV/camper hookup & lots of storage space. Recent updates include a remodeled primary shower (2021), luxurious vinyl wood flooring throughout the first floor, tankless water heater & new HVAC units (replaced in 2020 and 2022), Puragain Water System (2023).

Details

Property type

Single Family Residence

Est. home value

$667,134

Lot size

3.59 acres

Price per sq ft

$235

Year built

1998

Annual property taxes

$11,557

Monthly HOA fee

$37.5

Price History

10/31/2024
Houston

Houston #5110295

Listed
$775,000
06/26/2023
Houston

Houston #33753826

Removed

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

$59,238
Asking price
$775,000
Closing costs (~8% of asking)
-$62,000
Est. remaining loan balance
-$653,762
Cash to seller
$59,238

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

$653,762

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?

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Status: Active

Tomo last checked: 11/22/2024 at 3:10 AM

Listing updated: 11/18/2024 at 4:23 PM

Listed by: Clayton Jones, Keller Williams Platinum Phone #: (281) 856-0808

MLS: Houston #5110295

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