Homes for Sale/Montgomery County/Magnolia/Westwood 03
Active MLS #22671551 · 28 days on market

402 FAIRBANKS Drive

Magnolia, TX 77354
Subdivision  ·  Westwood 03
List Price
$549,999
$185/SF · 11.3% below neighborhood median
Beds
4
Baths
3
Sq Ft
2,971
Built
1997
Lot
0.59 ac
Garage
2-car
County
Montgomery
Tax Rate
1.19%

Schools

§ 03
District
Elementary TOM R ELLISOR EL A
Middle BEAR BRANCH J H B
High MAGNOLIA H S CCMR 93% · Grad 97% B
TEA accountability ratings reflect 2024–25 where available. School attendance zones are subject to district redistricting — confirm directly with the district before making a school-based decision.

Overview

§ 01

**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\!

Features

§ 02

Interior

  • Main Level Primary
  • Three Bedrooms Up
  • Heat: Central
  • Heat: Electric
  • Cool: Central Air
  • Cool: Electric

Exterior & lot

  • Corner Lot
  • Roof: Composition
  • Foundation: Slab
  • Attached
  • Garage

Community

  • Style: Traditional

Property Details

§ 03 · Full MLS record

Property

Property Type Residential
Property Sub Type Detached
Architectural Style Traditional
Year Built 1997
Year Built Source PublicRecords
New Construction No

Building

Stories 2
Levels Two
Living Area 2,971 sq ft
Living Area Source Owner
Building Area Total 2,971 sq ft
Foundation Slab
Construction Brick
Roof Composition

Rooms & Baths

Bedrooms 4
Bathrooms (total) 3
Bathrooms Full 2
Bathrooms Half 1
Rooms Total 7
Fireplaces 1

Interior

Interior Features Main Level Primary, Three Bedrooms Up

Exterior

Pool Private No

Parking & Garage

Garage Spaces 2
Attached Garage Yes
Parking Features Attached, Garage

Lot

Lot Size (acres) 0.5922
Lot Size Source Appraiser
Lot Features Corner Lot

Location

County Montgomery
MLS Area Major 15
MLS Area Minor Magnolia/1488 East
Subdivision Westwood 03
Postal Code 77354

Utilities

Heating Central, Electric
Cooling Central Air, Electric
Sewer Aerobic Septic

HOA / Association

HOA Yes
HOA Fee $250
HOA Fee Frequency Annually
HOA Name Westwood Landowners Association

Taxes, Terms & Disclosures

Tax Annual Amount $6,553
Tax Year 2025
Tax Rate (est.) 1.19%
Parcel # 182242
Legal Description WESTWOOD 03, BLOCK 14, LOT 31
Lease Considered No
Disclosures Seller Disclosure

Room Layout

§ 04 · 7 rooms · MLS-supplied

Main level · 4

Primary Bedroom 11 x 19
Dining Room 11 x 9
Family Room 18 x 15
Kitchen 17 x 13

Second level · 3

Bedroom 15 x 10
Bedroom 15 x 10
Bedroom 11 x 11

MUD Disclosure (§49.452)

§ 03 · Data moat
● §49.452 Notice
Not in archive
This MUD is not yet in our §49.452 archive. We'll add it on request.

Texas Water Code §49.452 requires districts to publish annual notices with tax rate, bonded indebtedness, and assessed value. Most Harris-area MUDs publish these; a handful managed by Inframark do not.

Request this notice
● What this tells you

The §49.452 notice is the only public document that lists a MUD's exact tax rate, outstanding bond debt, and the assessed value used to compute your taxes — direct from the district, not the MLS. If the district is newer or has more bonds outstanding than its neighbors, your effective tax rate will be higher here than just across the street.

Listing's rolled-up MUD rate Resolved MUD jurisdiction not mapped Match confidence

Taxes & Cost of Ownership

§ 04
● Estimated monthly payment
$3,849
30-YR FIXED · ADJUST ASSUMPTIONS BELOW
%
%
Principal & interest$3,303 Property tax$546 Homeowners insuranceTBD
Subtotal (P&I + Tax) $3,849
Yearly HOA fee $250

Illustrative only, not a quote. P&I assumes the values entered above. Insurance and HOA dues vary — consult licensed lender and insurance agent for accurate quote.

● Effective tax rate · 3-year history
1.5808%
ALL 5 TAXING DISTRICTS · 2025 BILL
202320242025
MUD
→ stable
School
0.96%
→ stable
City
→ stable
County
0.38%
→ stable
Other districts
0.25%
→ stable

HOA & Community

§ 05
● HOA details
$250
ANNUALLY
Association nameWestwood Landowners Association Management co. Website Phone Cert on filemls-trestle
● Community amenities
park
· 0.1mi
· 1.3mi
Terramont Park · 1.9mi
veterinary
Lone Star Animal Hospital · 0.4mi
Emergency Pet Care of Texas · 1.7mi
Pet Clinic · 0.7mi
daycare
The Academy - Early Learning Center · 0.4mi
Target · 1.0mi
Children's Universe · 1.1mi
restaurant
Sonic · 0.4mi
Kolache Factory · 0.5mi
The Draft · 0.5mi
place_of_worship
Joyful Life Church · 0.4mi
Crossview Church · 0.7mi
The Woodlands First Baptist Church (North Campus) · 0.7mi
hospital
Davam Urgent Care · 0.4mi
Aspire Hospital · 6.0mi
Care Now Urgent Care · 1.1mi

Broadband & Connectivity

§ 06 · Rolled up from MLS
● Max advertised speed at this address
8,000 Mbps
Fiber available · cable ok
Fiber to the Premises
Ezee Fiber
8,000 / 8,000 Mbps
● LOW LATENCY
Fiber to the Premises
Tachus Fiber Internet
5,000 / 5,000 Mbps
● LOW LATENCY
Fiber to the Premises
Fidium Fiber
2,000 / 2,000 Mbps
● LOW LATENCY
Coaxial Cable
Xfinity
2,000 / 250 Mbps
● LOW LATENCY
Fiber to the Premises
Xfinity
1,200 / 35 Mbps
● LOW LATENCY
Coaxial Cable
Spectrum
1,000 / 35 Mbps
● LOW LATENCY
Fiber to the Premises
AT&T
1,000 / 1,000 Mbps
● LOW LATENCY
Coaxial Cable
Optimum
940 / 35 Mbps
● LOW LATENCY
+ 7 additional provider(s)

Environmental Risk

§ 08
X
FEMA Zone
Zone X · Minimal risk
Outside 100-year and 500-year floodplains. No flood insurance required by lender.
PANEL 48339C SFHA NO SOURCE 48339C_STUDY2
🌡 Heat days >95°F
57 days/yr above 95°F
Plus 12 days above 100°F. NOAA station records, 2016-2025 average.
💨 30-day air quality
AQI 51 · Moderate
Average daily AQI for the 30 days ending 2026-02-28. EPA AQS county monitors. Higher = worse.
🌵 Drought (current)
No drought (D1 or worse)
US Drought Monitor county reading, week of 2026-09-15.
Sources: FEMA NFHL · NOAA GHCN-Daily · EPA AQS · US Drought Monitor. Climate rollup last computed Sep 23, 2026.

Recent Comparable Sales

§ 09
7 comparable sales nearby · sold median $209/SFAddress-level sold detail is available to registered users. Reach out to Allen for the full comparable-sales report.

Subdivision & Master Plan

§ 10
● Master plan
Westwood 03
TIER: SUBDIVISION
Subdivision name (MLS)Westwood 03 City · ZIPMagnolia · 77354 CountyMontgomery Listings in subdivision652 Active now9 Sold (last 12 mo)22 Curated amenities60
● Year-built distribution
1995s 2 2000s 4 2010s 1 2015s 1 2025s 1

Fire Protection

§ 11
Nearest station
Magnolia Volunteer Fire Department Station 186
Distance
1.4 mi
Straight-line from listing
ISO rating
Future data point
Avg. response
From incident log (future)

Neighborhood Demographics

§ 12 · Census tract 48339690501 · ACS 2023
Median HH income
$119,560
ACS 2023
Median home value
$429,200
Census self-report
Owner-occupied
67%
2,113 housing units
Bachelor's+
49%
Adults 25+
Median age
43.0
Population 5,725
Work from home
11%
of commuters
Commute 45min+
13%
of commuters
Below poverty
13.2%
tract-level

Amenities & Nearby Places

§ 13

Active listing — amenities should populate from the go-live pipeline. Click to fetch now if missing.

Location & Neighborhood

§ 13
● This Home
402 FAIRBANKS Drive, Magnolia, TX 77354
Montgomery County · 30.23°N, 95.55°W
park
0.1 mi · 1 within 2 mi
veterinary
Lone Star Animal Hospital
0.4 mi · 1 within 2 mi
daycare
The Academy - Early Learning Center
0.4 mi · 1 within 2 mi
restaurant
Sonic
0.4 mi · 5 within 2 mi
Interactive map coming in v0.2 — currently showing schematic placement.
● Listing History
Aug 26, 2026 Listed $549,999 Sandra Stobaugh
Dec 31, 1996 Built
Status change events from HAR MLS (future: full audit trail)
● Disclosures & Attribution
Listed by Sandra Stobaugh · Walzel Properties - The Woodlands
Data provided by Houston Realtors Information Service (HAR MLS). Information deemed reliable but not guaranteed. All measurements, square footage, and school assignments should be independently verified. HAR MLS content last updated Sep 9, 2026.
MLS# 22671551 · LIST DATE: Aug 26, 2026 · PARCEL: 182242
R
EHO
REALTOR® · Equal Housing Opportunity
HAR.com Copyright © 2026, Houston Realtors Information Service, Inc. Deemed reliable, not guaranteed — independently verify. HARMLS last updated Sep 23, 2026, 11:00 PM CDT. Properties may subsequently be sold or off-market. Equal Housing Opportunity