**More than a home—it’s a lifestyle\!** Approximately 2,900 SF on nearly 0\.6 acre in desirable Westwood, just minutes from The Woodlands\. Bring your RV, boat, trailer, or work vehicles—gated side entry and generous parking mean no more storage fees\! Impressive 30’ × 30’ detached shop with loft offers endless possibilities for hobbies, projects, a home business, or extra storage\. Inside, you’ll love the beautifully updated interior featuring wood\-look porcelain flooring, plantation shutters, fresh paint, and a remodeled primary bath\. Major updates include HVAC, water heater, gutters, and more\. One block to the neighborhood park and pool with a low annual HOA\. Rarely do you find this combination of space, updates, location, and flexibility\!
For sale
Price cut: $20K (7/29)
$549,999
402 Fairbanks Dr, Magnolia, TX 77354
4beds
2,971sqft
:
Get pre-qualified$3,860/mo
Single Family Residence
Built in 1997
0.59 Acres Lot
$534,100 Zestimate®
$185/sqft
$21/mo HOA
What's special
Fresh paintBeautifully updated interiorGated side entryRemodeled primary bathGenerous parkingPlantation shutters
- 30 days |
- 553 |
- 50 |
Zillow last checked:
Listing updated:
Listed by:
Sandra Stobaugh TREC #0707997 936-788-3436,
Walzel Properties - The Woodlands
Source: HAR,MLS#: 59335693
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 4
- Bathrooms: 3
- Full bathrooms: 2
- 1/2 bathrooms: 1
Primary bedroom
- Level: First
- Area: 209
- Dimensions: 11 x 19
Bedroom
- Level: Second
- Area: 150
- Dimensions: 15 x 10
Bedroom
- Level: Second
- Area: 150
- Dimensions: 15 x 10
Bedroom
- Level: Second
- Area: 121
- Dimensions: 11 x 11
Dining room
- Level: First
- Area: 99
- Dimensions: 11 x 9
Family room
- Level: First
- Area: 270
- Dimensions: 18 x 15
Kitchen
- Level: First
- Area: 221
- Dimensions: 17 x 13
Heating
- Electric
Cooling
- Electric
Features
- 3 Bedrooms Up, Primary Bed - 1st Floor
- Number of fireplaces: 1
Interior area
- Total structure area: 2,971
- Total interior livable area: 2,971 sqft
Property
Parking
- Total spaces: 2
- Parking features: Attached
- Attached garage spaces: 2
Features
- Stories: 2
Lot
- Size: 0.59 Acres
- Features: Corner Lot, 1/4 Up to 1/2 Acre
Details
- Parcel number: 182242
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Traditional
- Property subtype: Single Family Residence
Materials
- Brick
- Foundation: Slab
- Roof: Composition
Condition
- New construction: No
- Year built: 1997
Utilities & green energy
- Sewer: Aerobic Septic
Community & HOA
Community
- Subdivision: Westwood 03
HOA
- Has HOA: Yes
- HOA fee: $250 annually
Location
- Region: Magnolia
Financial & listing details
- Price per square foot: $185/sqft
- Tax assessed value: $414,561
- Annual tax amount: $6,553
- Date on market: 7/9/2026
Estimated market value
$534,100
$507,000 - $561,000
$2,373/mo
Price history
| Date | Event | Price |
|---|---|---|
| 7/29/2026 | Price change | $549,999-3.5%$185/sqft |
Source:  HAR #59335693 Report a problem | ||
| 7/9/2026 | Listed for sale | $569,999$192/sqft |
Source: HAR #59335693 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $2,200 -27.9% | $414,561 +0.8% |
| 2024 | $3,052 +1.1% | $411,301 +10% |
| 2023 | $3,018 | $373,910 +0.8% |
| 2022 | -- | $370,820 +20% |
| 2021 | $4,692 +0.7% | $309,020 +6.7% |
| 2020 | $4,660 -0.6% | $289,600 -1.3% |
| 2019 | $4,689 +0.6% | $293,410 +8% |
| 2018 | $4,659 -10.8% | $271,660 -1.8% |
| 2017 | $5,220 +1.1% | $276,630 +4.6% |
| 2016 | $5,163 +9.6% | $264,470 +4.7% |
| 2015 | $4,711 | $252,580 +10% |
| 2014 | $4,711 | $229,620 +3.8% |
| 2013 | -- | $221,290 +3% |
| 2012 | -- | $214,850 |
| 2011 | -- | $214,850 +6.8% |
| 2010 | -- | $201,190 |
| 2009 | -- | $201,190 -3.5% |
| 2008 | -- | $208,420 +7.3% |
| 2007 | -- | $194,280 +4.9% |
| 2006 | -- | $185,260 +5.3% |
| 2005 | -- | $176,000 -2.4% |
| 2004 | -- | $180,290 +7.2% |
| 2003 | -- | $168,130 |
| 2002 | -- | $168,130 +13% |
| 2001 | -- | $148,820 |
Find assessor info on the county website
Monthly payment
Est. payment
Payment breakdown
Explore the cost of this home by adjusting the details. Changes won't be saved.Climate risks
Neighborhood: 77354
Nearby schools
GreatSchools rating
- 9/10Tom R Ellisor Elementary SchoolGrades: PK-4Distance: 0.9 mi
- 7/10Bear Branch Junior High SchoolGrades: 7-8Distance: 2.4 mi
- 7/10Magnolia High SchoolGrades: 9-12Distance: 8.1 mi
Schools provided by the listing agent
- Elementary: Tom R. Ellisor Elementary School
- Middle: Bear Branch Junior High School
- High: Magnolia High School
Source: HAR. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
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