15242 Falco Lane, Magnolia, TX 77354 - Photo 1

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$365,000 -$4,000 (-1.08%) Price Reduced

For Sale
Active
Single Family
4 Beds
2 Full Baths
1 Partial Bath
2,524 Sq. Ft.
0.1608 Acres
2 Car Garage
Updated 2 days ago

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Property Description

Seize a rare opportunity at 15242 Falco Ln in thriving Magnolia, TX - a spacious home in a fast-growing area and one that won't last long. This 4-bedroom, 2.5-bath residence offers approx. 2,502 sq ft, modern open-concept living, and is zoned to the desirable Magnolia Independent School District. Positioned in a rapidly appreciating region, this home is both a smart investment and an inviting place to live long-term. Don't miss your chance - see this property today to explore this value-driven offering and secure your next move!

Full Property Details

Full Property Details for 15242 Falco Ln

General

Price: $365,000
HOA FEE: $54/month
HOA FEE FREQ.: Annually
Taxes: $6,760 (2024)
Status: Active
Type: Single Family
Source: Houston
MLS ID: 48122837
Updated: 1/16/2026
Added to Site: 76 day(s) ago

Interior

Number of Rooms: 7
Appliances: Dishwasher, Disposal
Flooring: Carpet, Plank, Vinyl

Rooms

Bathrooms

Total Bathrooms: 3
Full Bathrooms: 2
Half Bathrooms: 1

Bedrooms

Total Bedrooms: 4

Parking

Garage: Yes
Attached garage: Yes
Garage Spaces: 2
Parking Features: Attached, Garage

Location

Area: 15
County: Montgomery
Subdivision: AUDUBON CREEKSIDE NORTH 02B
Driving Directions: Exit FM 1488 onto FM 2978, turn right onto FM 2978, turn left onto Hardin Store Road, turn right onto Northcrest Drive, turn left onto Falco Lane, destination on the right.

School Information

Elem School District: 36 - Magnolia
Midd School District: 36 - Magnolia
High School District: 36 - Magnolia
Elementary School: AUDUBON ELEMENTARY
Middle School: MAGNOLIA PARKWAY JUNIOR HIGH
High School: MAGNOLIA HIGH SCHOOL

Community

Association: Yes
Assoc. Name: Audubon Homeowners Assoc, Inc

Heating & Cooling

Central air: Yes
Air Conditioning: Yes
Cooling Type: Central Air, Electric
Heating Type: Central, Gas

Utilities

Sewer: Public Sewer
Water: Public

Structural Information

Architectural Style: Traditional
Construction: Brick, Cement Siding, Wood Siding
Roof: Composition
Stories/Levels: 2
Square Feet: 2,524
Sq. Ft. Source: Appraiser
Living Area: 2,524 Sq. Ft.
Year Built: 2021
Year Built Source: Public Records

Lot Features

Lot Size (Acres): 0.1608
Lot Size Source: Appraiser
Lot Features: Subdivision

Financial Considerations

Association Fee: $648
Assoc Fee Freq.: Annually
Tax Amount: $6,760
Tax Year: 2024
Terms: Assumable, Cash, Conventional, FHA, Investor Financing, Owner May Carry, VA Loan

Disclosures and Reports

Legal Description: S221290 - AUDUBON CREEKSIDE NORTH 02B, BLOCK 1, LOT 10
Legal Disclosures: Seller Disclosure
APN: 2212-90-01000
Section: 02B

Listed by eXp Realty LLC (888) 519-7431, Benjamin Deal (346) 588-5908

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Listing agent

— 15242 Falco Ln —

Benjamin Deal

eXp Realty LLC

346-588-5908

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NMLS#: 1598647

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Schools

Schools serving 15242 Falco Ln

School District:Magnolia Independent School District

Name	Grades	Distance
Magnolia Parkway Elementary School 11745 Fm 1488, Magnolia, TX 77354	PK-4	3.1 mi
Bear Branch J High School 31310 Farm to Market Road 2978, Magnolia, TX 77354	7-8	7.5 mi
Magnolia High School 14250 Fm 1488, Magnolia, TX 77354	9-12	1 mi

Disclaimer: School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History for 15242 Falco Ln Get Price Alerts and Save Property

Date

Details

Price

Change

Source

1/16/2026

Price Reduced

$365,000

-1.08%

MLS

11/03/2025

Listed

$369,000

—

MLS

Get Price Alerts and Save Property

Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Tax History

Tax History for 15242 Falco Ln

Year

Property Taxes

Change

Tax Assessment

Change

2024

100%

$351,777

-2%

2023

100%

$359,000

2%

2023

-100%

$352,930

8%

2022

$10,483

992%

$326,120

1025%

2021

$960

—

$29,000

—

Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

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15242 Falco Lane, Magnolia, TX 77354 (MLS# 48122837) is a Single Family property with 4 bedrooms, 2 full bathrooms and 1 partial bathroom. 15242 Falco Lane is currently listed for $365,000 and was received on November 03, 2025. Want to learn more about 15242 Falco Lane? Do you have questions about finding other Single Family real estate for sale in Magnolia? You can browse all Magnolia real estate or contact a Coldwell Banker agent to request more information.

15242 Falco Ln Magnolia, TX 77354