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2615 Magnolia Fair Way, Spring, TX, 77386

3beds
2baths
1,830sqft
$320,000
$175price/sqft
$2,457/moest. monthly cost
$98,280/yrincome needed

About This Home

Adorable MOVE-IN READY one-story home featuring 3 bedrooms and an open-concept layout designed for comfortable everyday living. The kitchen flows seamlessly into the living area and includes a convenient bartop seating area, perfect for casual dining, entertaining, or keeping conversations going while cooking. Tile flooring throughout the entire home offers durability, easy maintenance, and a clean, cohesive look. Ideally located just minutes from parks, shopping, dining, and major commuter routes, residents also enjoy access to the community clubhouse and pool, adding extra lifestyle amenities to this charming property.

Getting Around

1
WalkingCar-Dependent
0
TransitVery Limited Transit
25
BikeSomewhat Bikeable

Schools

7/10
Ford Elementary SchoolGrades PK-42.3 mi
6/10
Irons Junior High SchoolGrades 7-87.2 mi
7/10
Oak Ridge High SchoolGrades 9-124.9 mi

Construction

Condition

  • Year built: 2015

Materials

  • Foundation: Slab
  • Roof: Composition
  • Construction materials: Brick,Cement Siding

Type & Style

  • Home type: SingleFamily
  • Architectural style: Traditional
  • Property subType: Single Family Residence

Interior

Appliances

  • Appliances included: Disposal,Electric Oven,Microwave,Gas Cooktop,Dishwasher
  • Laundry features: Electric Dryer Hookup,Gas Dryer Hookup,Washer Hookup

Bedrooms & Bathrooms

  • Bedrooms: 3
  • Bathrooms: 2
  • Full bathrooms: 2

Features

  • High Ceilings,Primary Bed - 2nd Floor,Split Plan,Walk-In Closet(s)
  • Flooring: Tile
  • Number of fireplaces: 1
  • Fireplace: Yes

Heating & Cooling

  • Heating features: Electric
  • Cooling features: Electric

Interior Area

  • Total structure area: 1,830
  • Total interior livable area: 1,830 sqft

Property

Details

  • Parcel number: 438348

Features

  • Stories: 2

Lot

  • Lot size: 5,436 sqft
  • Features: Subdivided,0 Up To 1/4 Acre

Parking

  • Total spaces: 2
  • Parking features: Attached
  • Has garage: Yes
  • Attached garage spaces: 2
  • Covered spaces: 2

Climate Risk is Financial Risk

Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.

Biggest Threats for This Home

  • Lightning
    LightningVery High
  • Tornado
    TornadoVery High
  • Cold Wave
    Cold WaveRelatively High
  • Hurricane
    HurricaneModerate
  • Heat Wave
    Heat WaveModerate
  • Inland Flooding
    Inland FloodingModerate
  • Ice Storm
    Ice StormModerate
  • Strong Wind
    Strong WindModerate

How This Home’s Risks Compare

Lightning
Tornado
Cold Wave
Hurricane
Heat Wave
Inland Flooding
Ice Storm
Strong Wind

FEMA Declared Disasters Across Texas Counties

Fire
Flood
Hurricane
Severe Storm

Understanding the Costs

Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.

Estimated Costs Today

MonthlyAnnual
Mortgage $1,618$19,416
Home Insurance *$206$2,472
Property Taxes $395$4,740
Electricity $238$2,859
Total$2,457$29,484
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$84,240/yr
40% on housing$73,710/yr
45% on housing$65,520/yr

Texas FAIR Plan Programs

Texas FAIR Plan Association

Covered
WildfireWildfire
HailHail
WindWind
Visit Website →

Texas Windstorm Insurance Association

Covered
HailHail
WindWind
Visit Website →
Current Policies
Residential: 126,680Commercial: -4
Total Premiums$237.28M
Total Exposure$32.93B

How Costs Could Change Over Time

Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.

Insurance Growth Rate5-year average: 8.9%
8.9%
0%30.0%
Electricity Growth Rate10-year average: 3.8%
3.8%
0%15.0%
Property Taxes Growth Rate2-year average: -2.4%
-2.4%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$175This listing

vs Other Active Listings

Avg $/sqft

ZIP 77386$193
Montgomery County$201

vs Homes Sold Last Month

Median $/sqft

ZIP 77386$168
Montgomery County$164

Current Market Trends

Median Price Per Square Foot

The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.

Historicals for This Listing

Zestimate History ($/sqft)

Price History

DateEventPrice
2026-03-11Listed for sale$320,000
2026-01-23Price change$1,900
2026-01-06Price change$2,000
2025-12-09Price change$1,900
2025-11-13Price change$2,100
2025-10-27Price change$2,200
2025-10-13Price change$2,100
2025-10-09Price change$2,200
2025-08-19Listed for rent$2,300
2022-08-09Listing removed--
2022-07-27Listed for rent$1,950
2022-07-23Listing removed--
2022-07-08Pending sale$299,000
2022-06-27Listed for sale$299,000

For Sale by Agent

AgentNathania Reid
BrokeragePennington Reid Residential

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