Q1- 2011 Neighborhood update: Louetta Lakes in Spring Texas

Louetta Lakes subdivision is located in Spring Texas. West of I-45 access via Cypresswood Drive at Candlecreek, Louetta Lakes Drive or Cannaberry Way.

Residents have convenient access to shopping, dining, entertainment, and major roads and highways (approx 2.5 miles to I-45),

Community Amenities include a  4 acre lake with fishing dock, park with playground equipment, a Jr. Olympic swimming pool and two water slides, a pavilion and gazebo, tennis courts, basketball courts, and volleyball courts, soccer and baseball fields, and walking trails.(amenities are shared with Devonshire Woods & Devonshire Oaks)

Louetta Lakes is in the Klein School District and feeds to the following schools:

Elementary: Lemm

Middle: Shindewolf

High: Klein Collins

Louetta Lakes Tax rate is 3.06%

HOA fees are approx 450. Annually

Neighborhood amenities, location, and school district, are only a few reasons why this neighborhood remains desirable however the neighborhood has seen a very slight decline in Market Values when compared to 2009 year-end average sales prices. This decrease can be related to a number of foreclosures that have recently washed out of the market, and I expect to see an increase in sales prices in the near future. For now, lower prices mean that it might be the best time to make that purchase.

Market activity for the last 3 months in Louetta Lakes show that 4 Homes have sold with an average sales price of $178,675. and size of 2715sf. Homes are currently selling at 98% LP/SP. Overall time on the market is just under 5  months, with well priced properties moving more rapidly.

There are currently 8 homes for sale in the Louetta Lakes neighborhood. If you’re interested in buying or selling a home in the neighborhood or the area in general, call or email Kimberly Whaley (832-576-4902 – kim@kimberlywhaley.com)

You can search for homes in Louetta Lakes or any other neighborhood here, by typing the neighborhood name into the subdivision box.

You can also find some very valuable information on my website at www.kw-re.com

 

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About Kimberly Whaley

Full time, Full Service Real Estate Agent in the The Woodlands and Spring Texas area. Certified Distressed Property Expert (CDPE) Texas Affordable Housing Specialist (TAHS)
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