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Get Organized For Taxes

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It’s time to get organized for taxes!  They say the two of the most stressful things in life are taxes and real estate!  As one of the Top real estate teams in Houston, it is our goal to provide our customers with a network of business advocates, a concierge service to our clients and their referrals.  We continuously post information that we believe you will find useful.

There are a number of ways that we can be a valuable resource to you, such a providing updates and referring other reputable professionals when you need them.  We make a constant effort to provide you with excellent service, because in our business, the most profound assets we possess is your respect and trust.

Hopefully this post will provide helpful information for getting organized for your taxes…

Whether you’ll prepare taxes on your own or have a tax preparer do it for you, it helps to start gathering your documents now.  The following list includes some of the most common documents you’ll need to complete your taxes.  What you need will vary depending on your situation and whether or not you plan to itemize.     Remember, laws may have changed since last year, so be sure to consult your tax professional to discuss any questions you may have.

 

REMEMBER when you are looking to buy or sell, contact us at 713-557-7095 or email sold@rubenandnancy.com, we would love to assist you with all your real estate needs.

Oh, by the way… if you know of someone who would appreciate the level of service we provide, please call us with their name and number.  We will be happy to follow up and take great care of them.

Be sure to follow us on Facebook https://www.facebook.com/VillarrealTeam/ and Twitter https://twitter.com/villarrealteam

Is It A Good Time to Buy or Sell? Housing Market Predictions for 2017

What’s in store for the Housing Market in 2017?

We’re a few months into the year and many potential buyers and sellers are wondering, is this a good year to get into the market?  Many current homeowners are thinking about the value of their homes, even if they are not thinking of listing anytime soon.

The below information provides an overview of what’s in store for the American real estate market this year based on expert predictions and current price and sales data.  These forecasts provide inside into current trends and paint a picture of what may happen this year.  However, while our market may appear similar to the national market, local and regional factors may play a role in specific forecasts for our market.

If you would like to know more about our local market, want to know how much your home is worth, or are thinking of buying or selling, give us a call.  We’d love to discuss the market with you and assist you with all your real estate needs.  Feel free to contact us directly at 713-557-7095 or email sold@rubenandnancy.com

Looking forward to hearing from you soon. #TheVillarrealTeam #remaxintegrity

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What does the future hold for the housing market in 2017?

Experts have weighed in and one thing is for sure; The housing market is set to heat up this year!

Home sales are expected to increase.

Existing homes sales are expected to reach 6 million, up from 5.8 million in 2016.

Projections for total single family home sales for 2017

  • National Association of Realtors – 6 million
  • Fannie Mae – 6.2 million
  • Freddie Mac – 6.2 million
  • Mortgage Bankers Association – 6.5 million

Housing Appreciation is up.

Most markets report an increase in home appreciations, with the increases hitting near 10% in the hottest markets, which have growing populations and tight supply.

Top 3 markets for Home Appreciation are:

  1. Seattle, WA
  2. Portland, OR
  3. Denver, CO

Make way for First-Time buyers.

Millennials are expected to strengthen home and condo sales into 2020.  Sales by first-time buyers reached a four-year high in September at 34%.

Rental affordability is one of the biggest factors for first-time home buyers deciding to buy.  Rent prices will keep getting higher.

Sources:
The Mortgage Reports
Dun & Bradstreet
NAR
Keeping Current Matters
REALTOR Magazine
BusinessWire

 

January 2017 RE/MAX National Housing Report

U.S. Home Sales Finish Strong in 2016
January 17, 2017

Capped off by a strong December, 2016. According to January 2017 RE/MAX National Housing Report, it was the best year for U.S. home sales since the recession. Home sales in 2016 were the highest in the housing report’s eight-year history. Thus, topping the sales of 2015, which was previously the strongest year. Nine months of 2016 posted sales that were greater than those of 2015.

According to the 53-market report, the trend of rising prices and shrinking inventory continued in December, though it was one of the three months that trailed 2015, with sales 1.8% below December 2015. Even so, nearly half of the markets reported increased sales over December 2015, and almost two-thirds saw sales higher than November 2016. The median increase over November 2016 was 1.7%.

The median sales price of $216,000 was 4.9% above one year ago and only 1.8% below November’s.

Inventory declined 17.9% year-over-year in December, continuing a year-long streak of double-digit declines. Months Supply of Inventory was 4.2, with 47 markets below the 6 months normally considered a balanced market.

62 days on the market was the lowest average in history.

“Much like 2015, we saw a mostly healthy housing market in 2016 that posted steady growth in sales and prices,” said Dave Liniger, RE/MAX CEO, Chairman of the Board and Co-Founder. “We’re back to pre-recession levels in many markets, with 2017 forecast to be another solid year. We’ll have to wait and see what impact rising interest rates will have.”

Closed Transactions
Of 53 metro areas surveyed in December, the overall average number of home sales fell 1.8% compared to December 2015. But nearly half of the 53 metro areas experienced an increase in sales year-over-year, with three experiencing double-digit increases.  The markets with the largest increase in sales included Wilmington/Dover, DE +21.4%, Honolulu, HI +19.7%, Augusta, ME +16.1%, Las Vegas, NV +7.9% and Providence, RI +7.3%.

Median Sales Price – Median of 53 metro median prices
In December, the median of all 53 metro Median Sales Prices was $216,000, down 1.8% from November but up 4.9% from December 2015. Of the 53 metro areas surveyed, all but two saw year-over-year increases or remained unchanged with nine rising by double-digit percentages. The largest double-digit increases were seen in Birmingham +17.1%, Tampa +16.8%, Charlotte +13.2%, Seattle 12.9%, and Orlando +12.3%.

Days on Market – Average of 53 metro areas
The average number of days a house was on the market before it sold last December, was 62. This number is up three days from the average in November 2016, but down five days from the December 2015 average. The two areas with the lowest Days on Market were Omaha, NE and Denver, CO at 36. The highest Days on Market averages continued to be in Augusta, ME at 141. Days on Market is the number of days between when a home is first listed in an MLS and a sales contract is signed.

Months Supply of Inventory – Average of 53 metro areas
The number of homes for sale in December was down 14.0% from November, and down 17.9% from December 2015. Based on the rate of home sales in December, the Months Supply of Inventory was 4.2, compared to November at 4.0 and December 2015 at 4.9. A 6.0-month supply indicates a market balanced equally between buyers and sellers. In December, 47 of the 53 metro areas surveyed reported a months supply of less than 6.0, which is typically considered a seller’s market. One reported a balanced market at 6.0, while the remaining five saw a months supply above 6.0, which is typically considered a buyer’s market. The markets with the lowest Months Supply of Inventory continued to be in the West, in California, Washington, and Colorado.

Contact
For more information or to find out what your home is worth, please feel free to contact the Villarreal Team at 713-557-7095.

RE/MAX CELEBRATES THEIR 44TH ANNIVERSARY!

RE/MAX celebrates their 44th anniversary! Due to the incredible network and brand, RE/MAX has become the gold standard in our industry.

RImage result for REMAX NUMBER ONEecognition over the past year includes:

• Two prestigious industry surveys named RE/MAX the No. 1 real estate franchise.

•  Agent productivity was sky high, with our U.S. agents doubling the competition in the industry’s two premier big broker rankings.

• 110,000-agents and still growing.

• The redesigned, enhanced remax.com continued to be the most-visited real estate franchise website.

• The new national ad campaign (“The Sign of a RE/MAX Agent”) was a major success.

• The luxury and commercial brands expanded significantly.

• Global presence in over 100 countries and territories.

We have a lot of competitors, some large, some small, but based on residential transaction sides, nobody in the world sells more real estate than RE/MAX. Nobody. Period.

THE VILLARREAL TEAM is very proud to be a part of this outstanding organization.  We would like to thank our clients for allowing The Villarreal Team to represent them with their real estate transactions.  We look forward to assisting you and your referrals in the near future!  To contact The Villarreal Team directly, call 713-557-7095 or email sold@rubenandnancy.com

THANK YOU AGAIN FOR YOUR BUSINESS AND REFERRALS!

Image result for Villarreal Team spring tx

The Villarreal Team

Ruben & Nancy Villarreal, Ray Humphrey, Beth Perque,
Andree Ward, Robin Webster, Blanca Maeso and Ashley Silvey.

The Villarreal Team Helping Soles4Souls

Ruben and Nancy Villarreal, founders of the Villarreal Team and RE/MAX Integrity, are proud to announce their office is now an official drop-off location for Soles4Souls where they will be collecting donations of shoes. “I highly encourage each individual in the community to drop by our office, located at 19510 Kuykendahl, #B, in Spring, TX, and drop off a new or gently worn pair of shoes to help Soles4Souls fight poverty,” said Ruben.

Soles4Souls aims is to eradicate extreme poverty by 2050. Children every day are prevented from attending school and adults are unable to work as walking becomes unbearable, which perpetuates the cycle of poverty. To date, Soles4Souls has collected and distributed more than 26 million pairs of shoes to those in need in 127 countries around the world and all 50 states in the U.S.

“Every pair of donated shoes counts, can provide relief today so thousands can succeed tomorrow and helps Soles4Souls fulfill its mission,” concluded Nancy. “Every person on Earth needs at least one good pair of shoes.”

For more information about getting involved with Soles4Souls or to become an official drop-off location, visit https://soles4souls.org/get-involved/.

About Ruben and Nancy Villarreal, the Villarreal Team
Ruben and Nancy Villarreal are the founders of one of Houston’s most award-winning RE/MAX teams. The Villarreal Team is synonymous with customer service, market knowledge, innovative marketing, constant attention to details and genuine care for its clients. They specialize in North/Northwest Houston, The Woodlands, Spring, Klein as well as Montgomery County. For more information, please call (713) 557-7095, or visit http://www.rubenandnancy.com.

    “Every pair of donated shoes counts, can provide relief today so thousands can succeed tomorrow and helps Soles4Souls fulfill its mission,” stated Nancy Villarreal.

About Soles4Souls

Soles4Souls is a not-for-profit global social enterprise committed to fighting poverty through the collection and distribution of shoes and clothing. The organization advances its anti-poverty mission by collecting new and used shoes and clothes from individuals, schools, faith-based institutions, civic organizations and corporate partners, then distributing those shoes and clothes both via direct donations to people in need and by provisioning qualified micro-enterprise programs designed to create jobs in poor and disadvantaged communities. Based in Nashville, TN, Soles4Souls is committed to the highest standards of operating and governance and holds a four-star rating with Charity Navigator.

HOUSING REPORT – SEPTEMBER 2016

Updated Housing Report
Updated Housing Report

Housing Report shows a continued rise in sales!

National Housing Report for September shows things are looking good!  The National Association of Realtors (NAR) Pending Home Sales index for July was up 1.3% over June, 1.4% higher than a year ago, registering its second highest reading this year. This is a measure of contracts signed on existing homes, so NAR analysts see those closings picking up in the Fall, driving a strong finish to the year. The current NAR forecast is for a 2.8% jump in existing home sales for 2016, to 5.38 million units. That’s what the NAR believes we can achieve!

More great housing news… The National Housing Report also showed that the Mortgage Bankers Association reported that for the week ending August 26, 2016, mortgage applications rose 2.8%.  Further they stated the jump wasn’t just from housing refinancing, but that the purchase applications were up 1%. June’s Case-Shiller Home Price index held the annual increase at 5.1%. The Index Committee’s chairman feels, “Overall, residential real estate and housing is in good shape.” Wall Street agrees. Thursday, the S&P 500 stock index gave real estate its own industry sector. Real estate housing stocks had been lumped with banks and insurance firms, but they’re now a bigger player, accounting for 3.5% of the global equities market.

Houston Housing Report Update:

The pool of buyers continues to grow, largely a result of the city’s prosperous economy. The growth is reflected in prices.  The median price for a single-family home in August was $206,000, up 10.4 percent over a year earlier. More single-family construction should help ease the market’s tightness, though it will take time.  Builders developed 34,000 houses last year and through are on track for only a few more this year.

Even thought the greater Houston real estate market experienced its first sales decline in six months in July, it is anticipated that the fourth quarter will end with a rise!

According to the latest monthly report prepared by the Houston Association of Realtors (HAR), a total of 7,204 homes sold in July compared to 7,898 a year earlier. That represents a drop of 8.8 percent, the first decline since January. However, on a year-to-date basis, home sales are still up about one percent compared to this point in 2015.

Inventory levels continue to outpace last year, rising from a 3.5-months supply to 4.0 months. That is the largest supply of homes since November 2012 when it stood at 4.1 months.

“We never like to see a decline in home sales, but it’s helpful to remember that our comparisons each month are to a record year in 2015,” said HAR Chairman Mario Arriaga with First Group. “July was the first time in several months when even mid-range housing saw declines. It’s hard to identify a single cause for the drop in sales, whether it’s a possible trickle-down effect of falling oil prices or prospective buyers holding out, but Houston’s housing market is still healthy overall, and HAR will continue to monitor conditions as we transition into the fall months.”

The single-family home median price—the figure at which half of the homes sold for more and half sold for less—rose 4.1 percent to $230,000. That is the highest median price ever for a July and the second highest of all time. The highest median ever was $233,000, reached in June of this year. The average price declined a fractional 0.5 percent in July to $292,316.

July sales of all property types in Houston totaled 8,571, down 8.6 percent from the same month last year. Total dollar volume for properties sold in July fell 9.0 percent to $2.4 billion.

July Monthly Market Comparison

Houston’s monthly housing indicators were mixed in July compared to a year earlier. On a year-over-year basis, single-family homes sales and total property sales were down along with total dollar volume, the median price reached a record high for a July while the average price dropped slightly and inventory grew to the largest level in four years.

Month-end pending sales for single-family homes totaled 7,979, an increase of 11.4 percent compared to last year. Total active listings, or the total number of available properties, at the end of July climbed 12.7 percent from July 2015 to 37,952.

Single-family homes inventory jumped from a 3.5-months supply to 4.0 months, the highest level since November 2012 when it stood at 4.1 months. For perspective, housing inventory across the U.S. currently stands at a 4.6-months supply, according to the latest report from the National Association of Realtors (NAR).

CATEGORIES JULY 2015 JULY 2016 CHANGE
Total property sales 9,374 8,571 -8.6%
Total dollar volume $2,605,598,049 $2,370,776,221 -9.0%
Total active listings 33,670 37,952 12.7%
Single-family home sales 7,898 7,204 -8.8%
Single-family average sales price $293,772 $292,316 -0.5%
Single-family median sales price $221,000 $230,000 4.1%
Single-family months inventory* 3.5 4.0 17.2%
Single-family pending sales** 7,165 7,979 11.4%

* Months inventory estimates the number of months it will take to deplete current active inventory based on the prior 12 months sales activity. This figure is representative of the single-family homes market.  For more information please go to http://www.har.com

AVOID IDENTITY THEFT! DON’T BE THEIR NEXT VICTIM!

Identity Theft is becoming more and more common. Avoid becoming an identity thief’s next victim! Remember identity thieves can strike at any time! While the majority of people take steps to prevent thieves from stealing their identities, there are situations where it may be difficult to prevent. The below information outlines several ways in which thieves can steal your information, from ATM skimming to email and phone scams.

Did you know more than 17 million Americans were victims of identity theft in 2014*?  Thieves are becoming savvier and tapping into technology to gain access to your information.

Identity Theft is huge! Protect your information.

Protect Your Information

The information we provided is intended to help you avoid falling victim to identity theft.  Hopefully this information will give you the knowledge you need to mitigate the impact if your personal information is stolen.  The above flyer outlines a few of the latest tactics thieves use.  The below flyer outlines several common scams that have swindled countless victims out of more than one trillion dollars in 2015 alone.

Identity Theft

Don’t Fall Prey to These Scams

Having your identity stolen can have a serious impact on your credit, job and overall life.  The more conscious you are about shredding your documents, staying on top of your credit report and changing your passwords, the more likely you are to prevent identity theft.  Below is a link for more information on how to protect yourself from Identity Theft.

http://www.consumersadvocate.org/id-theft-protection

We hope this information proves to be helpful to you. It is our goal to keep our friends and clients up-to-date on the Houston real estate market, but also on various other topics that can make an impact on their lives or the lives of someone they know.

Oh, by the way… if you know of someone who would appreciate the level of service we provide, please contact us with their name and business number.  We will be happy to follow up and take great care of them.

*Source:  Bureau of Justice Studies, September 2015
Buffini & Company

HOUSTON REAL ESTATE UPDATE – JUNE 2016

HOUSTON’S MEDIAN HOME PRICE HITS A RECORD HIGH IN JUNE

Mid-range housing sees positive activity again while inventory gets another boost

HOUSTON (July 13, 2016) June provided a continued boost to the Houston Real Estate housing inventory as new listings entered the market. Home sales volume was unchanged year-over-year, but as the local real estate market has seen for the past several months, most of the homes consumers purchased were priced in the $150,000 to $500,000 range.

According to the latest monthly report prepared by the Houston Association of Realtors (HAR), a total of 7,696 homes sold in June compared to 7,710 a year earlier— statistically unchanged. However, on a year-to-date basis, home sales rose 2.7 percent versus June of 2015. Inventory levels enjoyed another bump, rising from a 3.2-months supply to 3.7 months.

“We continued to see solid buying activity among middle-range housing in June,” said HAR Chairman Mario Arriaga with First Group. “Even though sales overall leveled off compared to last June, volume is up for the year, and we anticipate a sufficient supply of inventory and low interest rates to draw more home buyers into the market in the weeks ahead.”

The single-family housing median price—the figure at which half of the homes sold for more and half sold for less—rose 2.5 percent to a record high of $230,538 in June. The average price declined a fractional 0.8 percent in June to $300,178, the second highest level of all time (the highest was $302,599 in June 2015).

June sales of all property types in the Houston Real Estate Market totaled 9,139, down 0.9 percent from the same month last year. Total dollar volume for properties sold in June declined 1.7 percent to $2.6 billion.

June Monthly Real Estate Market Comparison

Houston’s monthly housing indicators were mixed in June compared to those from a year earlier, but nevertheless continue to reflect market sustainability. On a year-over-year basis, single-family homes sales were flat, the median price reached a record high while the average price hit the second highest level of all time, total dollar volume declined and inventory grew.

Month-end pending sales for single-family homes totaled 7,801, an increase of 8.6 percent compared to last year. Total active listings, or the total number of available properties, at the end of June climbed 13.8 percent from June 2015 to 35,857.

An increase in new listings in June elevated single-family homes inventory, with levels rising from a 3.2-months supply to 3.7 months. For perspective, housing inventory across the U.S. currently stands at a 4.7-months supply, according to the latest report from the National Association of Realtors (NAR).

CATEGORIES JUNE 2015 JUNE 2016 CHANGE
Total property sales 9,224 9,139 -0.9%
Total dollar volume $2,636,457,773 $2,591,071,978 -1.7%
Total active listings 31,509 35,857 13.8%
Single-family home sales 7,710 7,696 -0.2%
Single-family average sales price $302,599 $300,178 -0.8%
Single-family median sales price $225,000 $230,538 2.5%
Single-family months inventory* 3.2 3.7 17.2%
Single-family pending sales** 7,181 7,801 8.6%

* Months inventory estimates the number of months it will take to deplete current active inventory based on the prior 12 months sales activity. This figure is representative of the single-family homes market.
** Effective May 2015, in an effort to be consistent with industry standards, the Houston MLS is now including all categories of pending sales in its reporting. Previously, the Houston MLS did not include “option pending” and “pending continue to show” listings in its reporting of pending sales. The new methodology is now all-inclusive for listings that went under contract during the month.

Single-Family Homes Update
Single Family

Single-family home sales totaled 7,696 in June, down a fractional 0.2 percent from June 2015.

The median price rose 2.5 percent to an all-time record high of $230,538. The average price declined 0 cytotec dosage.8 percent to $300,178, second only to last June’s record of $302,599. Days on Market (DOM), or the number of days it took the average home to sell, edged up to 51 days versus 45 last year.

Broken out by housing segment, June sales performed as follows:

  • $1 – $79,999: decreased 20.0 percent
  • $80,000 – $149,999: decreased 19.1 percent
  • $150,000 – $249,999: increased 3.5 percent
  • $250,000 – $499,999: increased 2.5 percent
  • $500,000 and above: decreased 8.7 percent
Single Family Average Home Price

HAR also breaks out the sales figures for existing single-family homes. Existing home sales totaled 6,669 in June, up 0.6 percent versus the same month last year. The average sales price edged up 0.5 percent year-over-year to $286,773 while the median sales price rose 4.6 percent to $218,750.

Townhouse/Condominium Update

Townhome and condominium sales fell 5.8 percent with 665 units selling in June versus 706 a year earlier. The average price declined 2.4 percent to $197,937 while the median price climbed 2.1 percent to $164,450. Inventory grew from a 2.7-months supply to 3.3 months.

Townhouse/Condominium Sales
Lease Property Update

Renters were once again out in force in June. Single-family home leases rose 4.8 percent, while townhome/condominium leases jumped 12.9 percent. The average rent for single-family homes ticked up to $1,883 and the average rent for townhomes/condominiums dropped 5.6 percent to $1,658.

Houston Real Estate Highlights in June
  • Single-family home sales were basically unchanged with a total of 7,696 units sold;
  • On a year-to-date basis, single-family home sales are up 2.7 percent;
  • Total property sales fell 0.9 percent to 9,139 units;
  • Total dollar volume declined 1.7 percent to $2.6 billion;
  • At $230,538, the single-family home median price rose 2.5 percent to a record high;
  • The single-family home average price declined 0.8 percent to the second highest level of all time, $300,178 (the highest was $302,599 in June 2015);
  • Single-family homes months of inventory climbed to a 3.7-months supply versus 3.2 months a year earlier;
  • Townhome/condominium sales fell 5.8 percent with the average price down 2.4 percent to $197,937 and the median price up 2.1 percent to $164,450;
  • Leases of single-family homes were up 4.8 percent with rents up slightly to $1,883;
  • Leases of townhomes/condominiums soared 12.9 percent with rents down 5.6 percent to $1,658.

The computerized Multiple Listing Service of the Houston Association of REALTORS® includes residential properties and new homes listed by 32,000 REALTORS® throughout Harris, Fort Bend and Montgomery counties, as well as parts of Brazoria, Galveston, Waller and Wharton counties. Residential home sales statistics as well as listing information for more than 50,000 properties may be found on the Internet at http://www.har.com.

The information published and disseminated to the HAR Multiple Listing Services is communicated verbatim, without change by Multiple Listing Services, as filed by MLS participants.

The MLS does not verify the information provided and disclaims any responsibility for its accuracy. All data is preliminary and subject to change. Monthly sales figures reported since November 1998 includes a statistical estimation to account for late entries. Twelve-month totals may vary from actual end-of-year figures. (Single-family detached homes were broken out separately in monthly figures beginning February 1988.)

Founded in 1918, the Houston Association of REALTORS® (HAR) is a 32,000-member organization of real estate professionals engaged in every aspect of the industry, including residential and commercial sales and leasing, appraisal, property management and counseling. It is the largest individual dues-paying membership trade association in Houston as well as the second largest local association/board of REALTORS® in the United States.

REAL ESTATE IS OUR #1 PRIORITY… UPDATING YOU WITH COMMUNITY EVENTS IS IMPORTANT TOO!

Welcome to Family Fun Houston, the website dedicated to providing you the information you need, so that finding activities that your whole family can enjoy will become easy.  Most people are not familiar with this website, therefore we wanted to share it with you.

page_logo_btnhttp://www.familyfunhouston.com/about.html

 Downtown Houston was the initial area that started the website, Family Fun Houston has grown to include a total of 19 communities North, South, East and West of the main Houston area.  The goal of Family Fun Houston is to provide the most comprehensive list of retail stores, events, entertainment, sports, shopping, services and reviews for the users.  Information both for playing and day to day living.

As one of the #1 RE/MAX Real Estate Teams in the community, it is our mission to keep our family, friends and customers up to date with the on-going events in the area. Hopefully you find this site to be helpful when looking for some family fun in your community!  We’d love to hear your feedback.

And as always… we are never to busy for your referrals!

Ruben & Nancy

The Villarreal Team

sold@rubenandnancy.com
713-557-7095

 

 

3414 Pine Run, Spring, Texas 77388

One Story Beauty located in Louetta Lakes, Spring, Texas! You will fall in love the moment you walk in with the high ceilings, updated kitchen open to huge den that offers a wall of windows overlooking the spacious yard. The elegant formal dining makes entertaining a true delight. Terrific study.  Split floor plan offers private master suite with rich wood/laminate floors, double sinks and a separate tub and shower.  Large private backyard with patio.  A new home for sale and A definite MUST TO SEE!

Additional information:
Microwave – Yes
Dishwasher – Yes
Disposal – Yes
Fireplace – 1 w/gas connections
Utility Room in House
Ceiling Fans
Flooring includes carpet, tile, wood/laminate
Area Pool
Utility Dist – Yes
Gas Heat
No Known Defects
Maint. Fee: $488 annually
Taxes w/o Exemptions per yr:  $5,892/2015
Financing Avail: Cash, Conventional, FHA, VA
Klein ISD

Neighborhood Info:
Louetta Lakes is located in Spring, Texas, 77388.  The neighborhood has approximately 400 homes priced between $170,000 to $325,000.  Located just 3 miles from Interstate I-45 allows easy access to The Woodlands, Exxon Mobil, Greenspoint, as well as Downtown Houston look at here now.  One of the many highlights in Louetta Lakes is the beautiful lake and lighted fountain surrounded by lush landscaping.  Louetta Lakes is part of the Oaks of Devonshire HOA.