Towne Lake

Ever dreamed of owning your own boat? Well, or, at worst, live near the beach? Look no further! No, no, you don’t have to go to Galveston or Florida. Towne Lake Community, Cypress – You are here. Never heard of it? Then let’s go .. or rather, we swam

A residential community connected by water … With 400 acres and 13 miles of coastline, Town Lake is the largest private lake in Houston. Have a chill swim with a neighbor, sipping your morning coffee, or a glass of wine? Easily. Invite your beloved to a romantic dinner, take them on a cruise, and park your “horse” on the dock near the restaurant. Nothing is Impossible: Towne Lake residents can boast first-class entertainment right in the neighborhood. You won’t surprise anyone with the pool, right? And the beach? A sandy beach with umbrellas? And a bar-restaurant for sunbathers? That’s it! I told you – you don’t need to go to Galveston! Lazy River, rowing, horse riding, water skiing, and fishing – all this for you, dear residents!

The houses located on the coastline have their own berths.

No boat? – not a problem! On the lake there is a water taxi that will take you to any point of the lake, and even to the local attraction – the island of Puckett (not to be confused with Phuket), where you can have a picnic on the beach or soak up the sun (note: there are no toilets there). Want to feel like a captain for the weekend? The price is around $300 and the rented boat is yours for the day.

Real estate:

How much does it cost to build a dream, you ask ..

In Towne Lake, new build prices start at $340k for a townhouse (Ashton Woods), $430k for smaller homes (David Weekley, Sitterle, etc). In the mid-range price ($450k + 600k), you can build a house with Caldwell, Newmark Homes, Coventy Homes, etc. The high price segment ($600k and above) is represented by Partners in Building, Ravenna Homes, Coventy Homes.

A custom home can be built from William David Homes, Jamestown Estates, Partners in Building, etc. $ 900k + and any whim for your money.

Resellers in Towne Lakes start at $350k + for 1900-2100 sq ft homes, $400k + for 2400 sq ft homes and up.

There is also a 55+ “The Heritage” cottage community in Towne Lake with its own infrastructure.

(* At least one of the residents must be 55+ years old to buy such a house). 

Prices for new buildings in 55+ community start at $560k.

The annual property tax in Towne Lake is around 3.6-3.7%.

Don’t forget to dispute taxes and file on Homestead, friends!

HOA fee – from $ 1674. Gated sections + $ 250. + $ 600 for front and backyard maintenance

(*yes, backyard mowing is also included in the HOA).

Important:
When buying a house, the future owner must pay 0.5% of the purchase price to the owner association (foundation fee). The Foundation fee covers the expenses of the association for organizing holidays for its residents (Independence Day, New Year, etc.).

Schools:
Towne Lake belongs to the Cy-Fair School District and has the following schools: Postma elementary, Rennel elementary, Anthony middle & Cypress Ranch high school. 

The ranking of schools can be viewed here: www.greatschools.org

Important Information:
Despite the fact that Towne Lake is built on a lake, the residential complex is located outside the flood zone, which means that purchasing flood insurance is not a prerequisite when buying a house. However, it is always recommended to insure your home against surprises, if only because the cost of your peace of mind is very small ($650 + per year).

Fun fact:
The Houston Business Journal named Towne Lake community one of Houston’s landmarks in 2020. Like this!

Finally, some statistics: 

In February 2021 I celebrated a mini-anniversary: the sale of the 3000th house! Keep it up, Towne Lake!

Choosing Towne Lake for your new home is a great investment, it’s that simple 🙂

Click here for more information on buying or selling a home.

We hope the information was helpful and informative. If there is an area that you want us to write about, let us know and we will get to work for you right away!