2011 Year End Market Update: Louetta Woods in Spring Texas

Louetta Woods subdivision is located in Spring Texas, West of I-45 and connected via Spring Cypress or Spring Cypress at Halzworth Road/Louetta Woods Lane.

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

There are currently 130 Homes in Louetta Woods, a small quaint community built by Pulte Homes, with no direct amenities.

Louetta Woods is in the Klein School district and feeds to the following schools: Elementary: Lemm Middle: Strack High: Klein Collins

Louetta Woods Tax rate is 3.33 %. Annual Home Owner Association dues are $330.00

School district and location are only a couple of reasons why this neighborhood remains desirable, however the neighborhood has seen a slight decline in Sales Prices when compared to 2010 year-end average sales price of 65.54/SF. This is most likely due to (approx 50% of all sales) Foreclosures in the neighborhood this year.

Market activity in Louetta Woods for 2011 shows that 4 Homes sold with an average sales price of $62.88/SF. and an average structure size of 2242/SF. The average home sold at 100% of LP/SP (list price per square foot), with an average time on the market of just over 3 months. There are currently no homes pending.

There is currently 2 homes for sale in Louetta Woods, with an average asking price of $148.171 You can search for homes in Louetta Woods here

If you’re interested in buying or selling a home in the neighborhood or the area in general, call or email me today, 832-576-4902, kim@kimberlywhaley.com

If you’re interested in searching for a home in a different neighborhood, you can do so here, by simply typing the neighborhood name into the “subdivision” box.

***If you are considering a new construction home, I highly recommend you take a take a Realtor with you that knows how to negotiate builder pricing, to represent your interest in the transaction. Statistically buyers who work with a Realtor when purchasing a new home get a better deal. Don’t forget that the Sales counselors work for the builders and their job is to sell you a home for highest price they can.

Look for other useful Real Estate information on my website, 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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