May 2011 Market Activity Update: Country Lake Estates in Spring Texas

Country Lake Estates subdivision is located in Spring Texas. West of I-45 access points are Kuykandahl (at Country Pines Drive) or Louetta (at Country Lake Estates Dr, Sorrel Ridge Dr or Louetta Creek Dr)

 

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Residents have convenient access to shopping, dining, entertainment, and major roads and highways,

There are currently 424 Homes in Country Lake Estates. Community Amenities include a recreation center, swimming pool, tennis courts, playground, a park as well as multiple lakes with fountains and walking trails and landscaped green belts

Country Lake Estates is in the Klein School district and feeds to the following schools:

Elementary: Kuehnle

Middle: Strack

High: Klein Collins

Country Lake Estates Tax rate is 2.76%

HOA fees are approx 750. Annually

A great location, amenities that include gorgeous lakes, and school district, are only a few reasons why this neighborhood remains desirable, a few reasons why this neighborhood remains very desirable and has understandably remained unaffected by the overall housing market. Home values have continued to increase, up approx 3% over 2010 year-end average sales prices of 7258 SP/SF.

Market activity for May 2011 in Country Lake Estates, show that 5 Homes have sold with an average sales price of $195,590. ($73.01 SF), and structure size of 2679 sf. 4 Homes are currently pending and the sales information will be available once they close. Homes are currently selling at 97% LP/SP. Overall time on the market is just under 3 months, with well priced properties moving more rapidly.

There are currently 16 homes for sale in the Country Lake Estates neighborhood. This neighborhood is not yet completed and there are still new homes being built. If you are in the market for new construction homes, I highly recommend that you meet with the sales rep. accompanied by a Real Estate Agent who knows how to effectively negotiate new construction pricing.

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) SPECIAL……For a limited time,  (Thru July 2011), I will personally contribute $500.00 toward your closing cost/Lease buy out, if you write a new construction contract (anywhere in the Houston area)  represented by me.

You can search for homes in Country Lake Estates here or other neighborhoods 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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