What is Hot in Grand Lakes Katy TX July 2016
I decided to discuss Grand Lakes in Katy TX for the What is Hot July ActiveRain Challenge as trying to cover the whole area is not feasible in my opinion. Katy TX is made up a huge geographic area which includes numerous neighborhoods both South and North of Interstate I-10.
The weather in Katy and of course the whole Houston area is always very hot and humid every summer and this type of weather can last through most of October. Below is a picture of our temperature gauge at 12:30 PM today which shows it is already 90.8 degrees and it is very overcast. We went about 8 weeks with no rain already this summer but this has changed in the last 2 weeks. It is always feast or famine when it comes to rain in this area. While summers are oppressive winters here are usually very mild and refreshing except when it is rainy and what we consider cold (40 degrees)
Grand Lakes Katy TX is a community with over 2,200 single family homes with varying different styles and floorplans. Grand Lakes is a family oriented and pet friendly neighborhood. Grand Lakes was developed by Trendmaker and the first section homes homes were being built back in 1998. There are no more brand new homes in Grand Lakes as the neighborhood is entirely built out and has been for at least 7 years. The neighborhood has a very strong Homeowners Association and looks great all the time. The HOA can be a pain but their close control helps to keep property values from falling and the whole area looking very appealing to all who come here.
Grand Lakes is made up of single family one story and numerous two story homes and some patio homes. There are no condos or townhomes in Grand Lakes as reported by some other agents. The neighborhood is located both on the east side of Highway 99 or Grand Parkway at Fry Road and on the west side of 99 at Fry Road. Grand Lakes encompasses approximately 1,250 acres with numerous cul-de-sac streets. These streets help to cut down on drive through traffic in the neighborhood. Grand Lakes is a family neighborhood loaded with children of all ages. It is estimated that over 20 % of the total acres of land is devoted to parks, hike and bike trails, man made lakes and several recreational facilities.
Builders who built this neighborhood include Newmark, Trendmaker, Ashton Woods, Coventry, Perry and David Powers. Homes range in size from approximately 1,600 square feet up to approximately 6,000 square feet. The basic concept was to build an old fashioned family community where everyone could feel at home when being home or driving in the neighborhood. Grand Lakes is another of those communities with a small town feel but located in excellent location to take advantage of everything Katy and Houston offers its residents.
As the name suggests Grand Lakes has 27 man-made lakes and some are stocked with fish. The community has a catch and release policy on all fishing activities. There are several area pools including a swim team pool. Grand Lakes has a golf putting green, tennis courts, community center, dog park, formal park, many miles of bike and hiking trails, and kids splash pad.
Currently there are 43 homes for sale in Grand Lakes ranging from $259,000 to $825,000. The Median list price is $125.87 and an average price $126.61 per square foot. Inventory is approximately 3.6 months which is certainly higher than the last 3 years but still a sellers market.
During 2016 for 7 months year to date there has been 84 homes sold in Grand Lakes or 12 homes per month. The median price was $398,375 or 122.63 per sq. ft. with median days on the market of 22.5 days or average number of days of 66 days. During the same period in 2015 there were 73 homes sold at a median price of $121.19 or Median amount of $370,00. Median Days on the market were 21 which is slightly lower than 2016. Prices in Grand Lakes have actually risen this year which is not the case in many Katy MLS area 36 neighborhoods.
What is not hot in Grand Lakes as well as all of South Katy or MLS area 36 is the sales of Luxury Homes priced at $750,000 and higher. There are 80 luxury homes available and sales during 2015 were 57 while so far during 2016 sales are 37. This confirms what I have been saying for several months.
This community is zoned to Katy ISD schools and all of these are excellent schools. Right now children attend Roosevelt Alexander elementary school, Beckendorff Junior High School and Seven Lakes High School. Katy ISD however, due to rapid growth, has been changing school boundary lines on a frequent basis. There are no absolute guarantees as which school will zoned to which Katy neighborhood now and certainly well into the future. Katy ISD has over 62,000 students this school year.
Grand Lakes holds several community events each year for residents to attend.
I live in Grand Lakes and we were one of the first occupied homes in Section 1 back in 1999. There is a special feel or ambience associated with living this neighborhood. We love to walk all the trails that exist on the east side of highway 99 and sometimes take pictures. I also really like riding my bicycle through the neighborhood It is very easy to get from one section to another via the numerous trails. The area is friendly and the sights along the way are very appealing.
A fairly new Commercial Center located on Fry Road immediately in front of Grand Lakes has added convenient shopping stores including a Whole Foods store and several excellent restaurants with close proximity for all Grand Lakes residents. Just west of Highway 99 at Fry Road is a large HEB grocery store, Home Depot, Bank of America and Chase Bank offices, several restaurants, much much more. .
I would be very happy to get the opportunity to show you this beautiful neighborhood in Katy Tx. in person and explain why it is such a great place to live. As I mentioned above, I live in Grand Lakes and have since pretty much the beginning of when homes were starting to be occupied Simply contact me and let’s get started while interest rates are still low. Call or text me, Bob Gilbert directly at 281-904-6772 or email me at bobgilbert2003@msn.com or bob@bobgilbert.com.
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