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518 Fairbanks Drive

Magnolia, TX 77354

3 beds
2 baths
1,775 sqft
~1/2 acre lot
$245 per sqft
1995 build
– on site

Charming 3-bed, 2-bath home on nearly a quarter-acre oversized lot in the Westwood community (Magnolia ISD). Features a split floor plan, formal living or flex space, and an open layout with the kitchen, breakfast room, and living area—great for entertaining. The spacious primary suite includes two walk-in closets, a soaking tub, and a separate shower. Recently painted inside and out, with updated, tinted windows installed in the past year. Enjoy the extended covered back patio, mature trees, and a gated driveway into the backyard. The property also includes a 22x30 shop with 5ft overhang, two roll-up doors, a pass-through door, A/C, electricity, and overhead storage—plus an additional storage building. Community pool access included. A perfect mix of comfort, functionality, and space!

Listing courtesy of HAR / JLA Realty

Last checked: Checking… • Last updated Apr 28, 2025 •

MLS# 43667897 —

The Building

Year Built:

1995
Year Built Source:

Appraisal District
New Construction:

No
Style:

Traditional
Dwelling Type:

Free Standing
Roof:

Composition
Stories:

1
Siding:

Brick
Foundation:

Slab

Interior

Interior:

Alarm System - Owned, Formal Entry/Foyer, High Ceiling
Room Count:

6
Room Description:

1 Living Area, Breakfast Room, Family Room, Formal Dining, Kitchen/Dining Combo, Living Area - 1st Floor, Utility Room in House
Kitchen Description:

Breakfast Bar, Pantry
Floors:

Carpet, Laminate, Tile
Total Fireplaces:

1

Financial & Terms

Finance Available:

Cash Sale, Conventional, FHA, Investor, USDA Loan, VA
Price SqFt List:

$245.07
Price Acre List:

947505.99

Location

Directions:

FM 1488 West of I-45, Turn Right onto Westwood North Drive, Turn Right onto Teakwood, Turn Left onto Fairbanks Drive and the house will be on the right.
Latitude:

30.231014
Longitude:

-95.552380

The Property

Property Type:

Single-Family
Section Number:

3
Parcel Number:

9495-03-69700
Acres:

0.4591
Acres Description:

1/4 up to 1/2 Acres
Lot Description:

Cleared
Lot Size:

19,998 Sqft
Lot Size Source:

Appraisal District
Lot Price SqFt List:

21.75
Total SqFt:

1,775 Sqft
SqFt Source:

Appraisal District
Exterior:

Back Yard, Back Yard Fenced, Patio/Deck, Porch, Private Driveway, Storage Shed, Workshop
Area:

15
Private Pool:

No
Pool Area:

Yes

Listing Agent

Contact info:

Taxes

Tax Year:

2024
Tax Rate:

$1.58
Tax Amount:

$5,263

Beds

Total Bedrooms:

3
Beds Maximum:

3
Bedroom Description:

All Bedrooms Down, Primary Bed - 1st Floor, Split Plan, Walk-In Closet

Baths

Total Baths:

2.00
Full Baths:

2
Master Bath Description:

Primary Bath: Double Sinks, Secondary Bath(s): Tub/Shower Combo

The Listing

Virtual Tour
Status:

Pending Continue to Show
Disclosures:

Sellers Disclosure

Heating & Cooling

Heat System:

Propane
Cool System:

Central Electric

Utilities

Water/Sewer:

Public Water, Septic Tank

Appliances

Microwave:

Yes
Dishwasher:

Yes
Disposal:

Yes
Compactor:

No

Schools

Elementary:

TOM R. ELLISOR ELEMENTARY SCHOOL
Middle School:

BEAR BRANCH JUNIOR HIGH SCHOOL
High School:

MAGNOLIA HIGH SCHOOL
Additional School:

BEAR BRANCH INTERMEDIATE SCHOOL
School District:

36 - Magnolia

The Community

Subdivision:

Westwood 03
Subdivision Lake Access:

No
Active Community 55:

No
Restrictions:

Deed Restrictions
Management Company:

Westwood HOA
HOA Phone:

936-321-1414
HOA Mandatory:

Yes
HOA Amenities:

PARK,POOL
Annual Maintenance:

Mandatory
Maintenance Fee Amount:

$250
Maintenance Fee Schedule:

Annually
Other Fees:

Yes
Other Fees Amount:

$200
Other Mandatory Fees:

transfer fee
Master Planned Community:

No

Parking

Garage Description:

Attached/Detached Garage, Oversized Garage
# of Garage Cap:

2
Garage/Carport:

Additional Parking, Driveway Gate, Workshop

Monthly cost estimate

Asking price

$435,000

Expense	Monthly cost
Mortgage	$2,329
Taxes	$438
Insurance	$119
HOA fees	$21
Utilities	$148 See report
Total	$3,055/mo.^*
	^*This is an estimate

Explore the Area

My Commute

From

Walk Score®

Provided by WalkScore® Inc.

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Soundscore™

Provided by HowLoud

Air Pollution Index

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This house located in Westwood North, TX 77354 is currently pending sale for $435,000. 518 Fairbanks Drive is a 1,775 square foot house with 3 beds and 2 baths that has been on Estately for 31 days. 518 Fairbanks Drive is in the Westwood North neighborhood of Magnolia and has a WalkScore® of 22, making it car-dependent. This house is in the attendance area of Magnolia High School, Bear Branch Sixth Grade Campus, Bear Branch Junior High School, and Tom R. Ellisor Elementary School.

Listing Courtesy of: HAR and JLA Realty.

© 2025 Houston Realtors Information Service, Inc. All information provided is deemed reliable but is not guaranteed and should be independently verified. Houston Realtors Information Service, Inc., Estately and their affiliates provide the MLS and all content therein “AS IS” and without any warranty, express or implied. The information included in this listing is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The information on each listing is furnished by the owner and deemed reliable to the best of his/her knowledge, but should be verified by the purchaser. Houston Realtors Information Service, Inc. and Estately assume no responsibility for typographical errors, misprints or misinformation. This property listing is offered without respect to any protected classes in accordance with the law.