July 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)

Map

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

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 of the reasons why this neighborhood remains desirable, however the neighborhood has seen a slight decline in Market Values when compared to 2010 year-end average sales price of. 72.58 SP/SF This decrease may be related to foreclosures that have recently entered the market, once these homes have sold, I expect to see the pricing return to normal. For now, lower prices mean that it might be the best time to make that purchase.

There are currently 2 homes pending and the sales information will be available they close. Homes are currently selling at 97% LP/SP. Overall time on the market is just over 3 months, with well priced properties moving more rapidly.

There are currently 16 homes for sale in the Country Lake Estates neighborhood with an average asking price of $229,500. 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 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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