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    40987 Westley Lane, Magnolia, TX 77354

    4beds
    4,288sqft
    Single Family Residence
    Built in 2022
    0.53 Acres Lot
    $692,800 Zestimate®
    $--/sqft
    $4,583 Estimated rent

    Home value

    $692,800

    $651,000 - $734,000

    $4,583/mo

    Zestimate® history
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    What's special

    Welcome to 40987 Westley Lane in Mostyn Manor Reserve, where everyday living feels a little more elevated. Set on over half an acre, this 2022-built home offers the space and flexibility to grow into every season of life. The main floor is designed for connection, with an open living area and multiple spaces to work, create, or unwind. The primary suite is tucked away for privacy, giving you a quiet place to reset at the end of the day. Upstairs, a large game room creates a second living space, along with three additional bedrooms and well-designed secondary baths with double sinks. The backyard is fully fenced with plenty of room to add a pool, outdoor kitchen, or extended patio. A 3-car oversized garage and energy-efficient upgrades like low-E windows, and high-efficiency HVAC, and Generac generator add both comfort and long-term value. Located in Magnolia with easy access to highways, shopping, and entertainment, this home offers a newer build, usable space, and room to grow.

    Zillow last checked:

    Listing updated:

    Listed by:

    Britni Davison,

    eXp Realty LLC

    Bought with:

    KSP

    Emily McReavy

    KSP

    Source: eXp Realty,MLS#: 81488081

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 4
    • Bathrooms: 4
    • Full bathrooms: 3
    • 1/2 bathrooms: 1
    Rooms
    • Room types: Family Room, Office, Utility Room
    Heating
    • Natural Gas
    Cooling
    • Ceiling Fan(s), Electric
    Appliances
    • Included: Disposal, Gas Oven, Microwave, Gas Range, Dishwasher
    • Laundry: Electric Dryer Hookup, Washer Hookup
    Features
    • Crown Molding, Formal Entry/Foyer, High Ceilings, Prewired for Alarm System, Vaulted Ceiling, 3 Bedrooms Up, En-Suite Bath, Primary Bed - 1st Floor, Walk-In Closet(s)
    • Flooring: Carpet, Tile, Vinyl Plank
    • Windows: Insulated/Low-E windows, Window Coverings
    Interior area
    • Total structure area: 4,288
    • Total interior livable area: 4,288 sqft

    Property

    Parking
    • Total spaces: 3
    • Parking features: Attached, Oversized
    • Attached garage spaces: 3
    Features
    • Stories: 2
    • Fencing: Back Yard
    Lot
    • Size: 0.53 Acres
    • Features: Subdivided, 1/2 Up to 1 Acre
    Details
    • Parcel number: 518311

    Construction

    Type & style
    • Home type: SingleFamily
    • Architectural style: Traditional
    • Property subtype: Single Family Residence
    Materials
    • Spray Foam Insulation, Brick
    • Foundation: Slab
    • Roof: Composition
    Condition
    • New construction: No
    • Year built: 2022

    Utilities & green energy

    • Sewer: Public Sewer
    • Water: Public
    Green energy
    • Energy efficient items: HVAC

    Community & HOA

    Community
    • Subdivision: Mostyn Manor Reserve
    HOA
    • Has HOA: Yes
    • HOA fee: $450 annually
    • HOA phone: 281-350-7000
    Location
    • Region: Magnolia

    Financial & listing details

    • Tax assessed value: $748,148
    • Annual tax amount: $11,827
    • Date on market: 3/26/2026
    • Cumulative days on market: 30 days
    • Listing terms: Cash,Conventional,FHA,VA Loan
    • Road surface type: Concrete

    Price history

    DateEventPrice
    5/13/2026Sold--
    Source: eXp Realty #205243703 Report a problem
    4/27/2026Pending sale$715,000$167/sqft
    Source: HAR #81488081 Report a problem
    4/17/2026Price change$715,000-1.4%$167/sqft
    Source: HAR #81488081 Report a problem
    4/7/2026Price change$725,000-1.4%$169/sqft
    Source: HAR #81488081 Report a problem
    3/26/2026Listed for sale$735,000$171/sqft
    Source: HAR #81488081 Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$9,787 -3.6%$748,148 +2%
    2024$10,154 -12.4%$733,700 -13.1%
    2023$11,588 $844,580 +803.3%
    2022-- $93,500
    Find assessor info on the county website

    Neighborhood: 77354

    Nearby schools

    GreatSchools rating
    Schools provided by the listing agent
    • Elementary: Magnolia Parkway Elementary School
    • Middle: Magnolia Parkway Junior High
    • High: Magnolia High School

    Source: eXp Realty. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

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    Estimated market value
    $692,800
    Get a cash offer in 3 minutes
    Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
    Estimated market value
    $692,800