




$470,000
NAL Estimated Property Value906 Fairbanks Dr, Magnolia, TX, 77354
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About this property
Close to HEB on FM 1488, The Woodlands professional offices, and zoned to Magnolia ISD, this Westwood home checks the boxes buyers are searching for right now. With quick access to FM 1488, I-45, and The Woodlands Mall, Market Street, and area hospitals, you’re right where you need to be without giving up space. Nearly half an acre gives you room for kids, pets, gatherings, or simply breathing room that’s hard to find. The single-story layout and dedicated study make everyday living and working from home easier, while the backyard and covered patio create the kind of space buyers picture when they think about hosting or unwinding. Located in an established neighborhood with parks, trails, and community amenities, this is the balance of location, space, and lifestyle many buyers are trying to find in Magnolia.
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Learn About the Market: Opportunity in Texas




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Texas
Living in Texas means access to four of the nation’s most dynamic metro economies — Dallas–Fort Worth’s corporate and logistics powerhouse, Houston’s global energy and medical hub, Austin’s tech-driven and culturally iconic Live Music Capital of the World, and San Antonio’s historic yet steadily expanding military and healthcare center. The state blends economic scale with cultural significance, rooted in independence, entrepreneurship, and a strong sense of place — from Friday night football to world-renowned barbecue and music festivals. For homebuyers, Texas offers comparatively attainable housing, no personal income tax, and master-planned communities built around space and convenience; for investors, continued population growth, business relocation, and diversified industries create sustained demand across urban cores, suburbs, and emerging secondary markets.
Population Growth
~1.3% annually
Net Migration
Positive
Median Home Price
$283,800
Unemployment Rate
4.3%
Price Trend
Flat
New Permits
158,121
City: Magnolia
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