See Home Value
$799,000 Last Listed Price
Multifamily - Off Market

903 Honea Egypt Road

Magnolia, TX 77354
bedrooms
Studio
bathrooms
0 Bath
square feet
754 Sqft
$4,373
Estimated Monthly
$0
HOA / Fees
1.15%
Cap Rate

About This Property

Incredible opportunity w/ 2 single & 3 duplexes totaling 8 units located on busy street in Magnolia. The full acre is white picket fenced w/ electric gated access & this listing is the 1/2 acre on the south side split down the shared driveway. Front house is 500 sqft open concept w/ full bath & kitchen on pier & beam w/ 2 exterior storage closets & 2 sheds(one of which has 50amp electrical service.)3 duplexes are the middle buildings, each 600 sqft w/ 300 sqft a unit built in 2021 of cement board on concrete slab. Each of the 6 units in the duplexes have front & back access, individual mini-splits, sinks & are separately sub metered for electricity. Back unit ADA compliant w/ handicap access & restroom on a 900 sqft pier & beam house w/ kitchen. Vaulted ceilings are in all 3 duplexes & back single unit. shared lot 20+ spaces. Currently being rented as artist community at 100% occupancy w/ studio spaces & back unit the gallery. Property has never flooded. Please do not disturb tenants.
Unit Size
754Ft²
Days on Market
167 days
Land Size
-
Price per sqft
$1,060
Property Type
Multifamily
Property Taxes
$449
HOA Dues
-
Year Built
1990
Last updated: 5 days ago (HAR #34088136)

Price History

Date / Event Date Event Price
Apr 26, 2024 Sold $608,000 - $742,000
Sold
Mar 17, 2024 In contract -
In contract
Jan 23, 2024 Price Decreased $799,000
↓ $51K (6%)
Price Decreased
Nov 11, 2023 Listed by Walzel Properties - Corporate Office $850,000
Listed by Walzel Properties - Corporate Office

Property Highlights

Air Conditioning
Parking Details
Parking Features: Driveway Gate, Paved Area
Interior Details

Interior Information

Flooring: Concrete, Laminate, Tile
Living Area SqFt: 754


Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes
House
4 Beds
3 Baths
3,027 ft²
$645,000 Sep 11, 2023
$581,000 - $709,000 Oct 30, 2023
$17/mo
House
5 Beds
4 Baths
3,545 ft²
$820,000 Jun 9, 2023
$738,000 - $902,000 Aug 30, 2023
$715/mo
House
4 Beds
5 Baths
3,958 ft²
$744,970 Apr 16, 2021
$670,000 - $818,000 May 17, 2021
$1,005/mo
House
5 Beds
5 Baths
5,593 ft²
$675,000 May 4, 2020
$608,000 - $742,000 Sep 18, 2020
$1,045/mo
House
4 Beds
3 Baths
2,922 ft²
$219/ft²
$640,000 Mar 1, 2024
-
$31/mo
House
4 Beds
3 Baths
3,027 ft²
$231/ft²
$699,000 Jan 16, 2024
-
$140/mo
House
3 Beds
3 Baths
3,223 ft²
$229/ft²
$739,000 Feb 29, 2024
-
$784/mo

Past Sales

Date Unit Beds Baths Sqft Price Closed Owner Listed By
20210314
03/14/2021
Loft
-
-
$450,000
bedrooms
Loft
bathrooms
-
$450,000
04/12/2021
-
Sybil Hodges
Texas Country Real Estate Inc.

Building Info

903 Honea Egypt Road 903 Honea Egypt Road, Magnolia, TX 77354
  • 1 Unit for Sale
More about this Building
903 Honea Egypt Road
Want to find out who owns 903 Honea Egypt Road, Magnolia, TX 77354? Get detailed property transactions here .

About Woodland Oaks North


Similar Homes for Sale

Unit for sale at 33102 Windcrest Estates Boulevard, Magnolia, TX 77354

$739,000

  • 3 Beds
  • 3 Baths
  • 3,223 ft²
33102 Windcrest Estates Boulevard, Magnolia, TX 77354 Listing by Zainab Syed
Unit for sale at 718 Weeping Willow Way, Magnolia, TX 77354

$699,000

  • 4 Beds
  • 3 Baths
  • 3,027 ft²
718 Weeping Willow Way, Magnolia, TX 77354 Listing by Luz Elena Jaramillo

Nearby Rentals

Unit for rent at 300 Enclave Dr, Conroe, TX, 77384

$1,518 /mo

  • 2 Beds
  • 2 Baths
  • 1,000 ft²
300 Enclave Dr #Flat 2 Bed 2 Bath, Conroe, TX, 77384 Listing by Manager


Quantcast