$549,999

4 beds2.5 baths2,971 sqft

Roughly $3,364/mo at 20% down, 6.5% over 30 years, including tax. That is 43% above the $384,990 median across 904 homes for sale in Magnolia.

402 FAIRBANKS Drive, Magnolia, TX

Jay, the GotNest home assistant

What Jay sees in the photos of 402 FAIRBANKS Drive

Written by Jay from this home’s 42 listing photos

This turnkey, two-story traditional brick home features a shingle roof, a front porch, and maintained landscaping on a private wooded lot with tree views. Inside

Style
Traditional
Ceilings
High
Kitchen cabinets
White
Countertops
Brown
Living area floor
Medium wood
Living area walls
Beige
Room for a pool
Yes

Facts and features

Built in
1997
HOA
$—
Property tax
$7,000/yr
Price per sqft
$185/sqft

Risk factor

No known risk factors reported for this home.

Features

  • Attached
  • Garage
  • Corner lot

Local information

Magnolia

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Schools

  • TOM R. ELLISOR ELEMENTARY SCHOOLElementary · Magnolia
  • BEAR BRANCH JUNIOR HIGH SCHOOLMiddle · Magnolia
  • MAGNOLIA HIGH SCHOOLHigh · Magnolia

Price history

Aug 26, 2026Listed for sale$550,000

Common questions about this home

How much does 402 FAIRBANKS Drive cost?

402 FAIRBANKS Drive, Magnolia, TX is listed at $549,999, or about $185 per square foot.

How big is 402 FAIRBANKS Drive?

This home has 4 bedrooms and 2.5 bathrooms across 2,971 square feet, and was built in 1997.

What are the taxes and HOA fees for 402 FAIRBANKS Drive?

Property tax is $7,000 per year.

What schools serve 402 FAIRBANKS Drive?

402 FAIRBANKS Drive, Magnolia, TX is served by TOM R. ELLISOR ELEMENTARY SCHOOL (Elementary), BEAR BRANCH JUNIOR HIGH SCHOOL (Middle), MAGNOLIA HIGH SCHOOL (High). The home is zoned to the Magnolia school district.

Has the price of 402 FAIRBANKS Drive changed?

This listing has 1 recorded price event. It was first listed at $550,000 on Aug 26, 2026, and is now listed at $549,999. The full history is shown above.

How much a month is 402 FAIRBANKS Drive?

At 20% down on a 6.5% 30-year fixed rate, principal and interest on 402 FAIRBANKS Drive, Magnolia, TX come to about $2,781 a month. Adding property tax of about $583 brings the estimate to about $3,364 a month. Insurance is not included.

Is 402 FAIRBANKS Drive priced above or below the Magnolia median?

$549,999 is about 43% above the $384,990 median list price across the 904 homes for sale in Magnolia, TX. The comparable homes below run $350,000 to $609,000.

Is 402 FAIRBANKS Drive still available?

Yes — 402 FAIRBANKS Drive, Magnolia, TX is currently listed for sale on GotNest.

Listed by Sandra Stobaugh · Walzel Properties - The Woodlands · MLS #TREC#0707997 · Source: HAR

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