Q1 2012 Market 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 However with a single sale this quarter (a foreclosure) it’s difficult to compare average pricing with the 2011 year-end average sales prices of $50.18/SF.

Market activity in Enchanted Oaks for Q1 2012 shows that 1 Homes sold with a sales price of $38.38/SF. and a structure size of 2332/SF. This home sold at 90% of LP/SP (list price per square foot), and was on the market just under 6 months. There are currently 6 homes pending. Sales information for pending properties will be available once they close.

Enchanted Oaks Home Sales March 2011-March 2012

There are currently 8 homes for sale in Enchanted Oaks, with an average asking price of $128,887. You can search all homes for sale in Enchanted Oaks 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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