May 2011 Market Activity Update: Enchanted Oaks in Spring Texas

Enchanted Oaks subdivision is located in Spring Texas.(77388) West of I-45 and connected via Cypresswood at Enchanted Oaks Drive

Residents can easily access downtown Houston, Bush Intercontinental Airport, shopping, entertainment, and sports venues.

There are currently 830 Homes in Enchanted Oaks. Community Amenities include a swimming pool, tennis courts, a park and playground, walking trails and sidewalks along Enchanted Oaks Drive and more.

Community sponsored events include annual National Night Out, Holiday Decorating Contest, Annual Christmas party and more.

Enchanted Oaks is in the Klein School district and feeds to the following schools:

Elementary: Lemm

Middle: Schinderwolf

High: Klein Collins

Enchanted Oaks Tax rate is 2.72 %

Annual Home Owner Association dues are $175.00

The tax rate, School district and location are only a few reasons why this neighborhood remains very desirable The neighborhood has seen a slight decline in Market Values when compared to 2010 year-end average sales price of 47.84SF. This decrease can be related to a number of foreclosures that have recently entered 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 May 2011 in Enchanted Oaks shows that 22 homes sold with an average sales price of $111,950. ($43.43SF), and structure size of 2578 SF. 1 Home is currently pending and the sales information will be available once it closes. Homes are currently selling at 100% LP/SP. Overall time on the market is just over 2 month, with well priced properties moving more rapidly.

There are currently 9 homes for sale in the Enchanted Oaks 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 / email (kim@kimberlywhaley.com)

You can search for homes in Enchanted Oaks here or other neighborhoods here, (Simply type 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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