Cypress Edition | April 2023

REAL ESTATE

Featured Neighborhood Featured neighborhood

MANDOLIN VILLAGE, 77070 Mandolin Village is a neighborhood of 278 single-family homes zoned to Cy-Fair ISD. The community is located o Hwy. 249 between Cypresswood and Grant roads. Homes sell for $249,000-$346,000.

YEAROVERYEAR MARKET DATA: FEBRUARY Following a home sales boom during the pandemic, home sales in February were 290 99 TOLL 249

77070

77429

down year over year in all Cy-Fair ZIP codes except 77433, where nine more homes sold this year than in February 2022. Sales prices were up year over year in three of Cy-Fair’s seven ZIP codes.

1960

Homes in the community 278 Median home value $320,173 Homes sold in the past year 9 Median annual property taxes $8,292 Median price per square foot $117 Average days on the market* 30 NEIGHBORHOOD DATA PROVIDED BY BOUTWELL PROPERTIES 17506 BOBCAT TRAIL, CYPRESS. 2813058533. OFFICETHEBOUTWELLTEAM.COM

Build-out year: 2003 Square footage: 1,400-3,700 HOA dues (estimated): $510 annually Schools: Cy-Fair ISD (Hancock Elementary School, Bleyl Middle School, Cypress Creek High School)

77433

77064

77095

529

77040

6

N

77065

NUMBER OF HOMES SOLD

77040 77064 77065

77070 77095

77429 77433

2022 2023 Year

Property taxes (in dollars): Lone Star College System Harris County Department of Education Harris County Emergency Services District No. 11 Harris County

22

28

19

36

55

81

133

0.1078 0.3769

14

23

13

30

48

62

142

MEDIAN PRICE OF HOMES SOLD

0.005

WITH YEAROVERYEAR PERCENTAGE CHANGE

2022 2023

0.0323 0.098 0.0335 0.1622 1.3392 0.0087

Harris County ESD 13 Harris County Flood Control District Harris Health System

77040 77064 77065 77070 77095 77429 77433

Sale price

$600,000 $550,000 $500,000 $450,000 $400,000 $350,000 $300,000 $250,000

Cy-Fair ISD

Port of Houston Authority Harris County Municipal Utility District No. 230

9.5%

+10.6%

0.43

+4.3%

Total (per $100 valuation)

2.59

+0.7%

3.2% 4% 5.2%

$0

*AS OF MARCH 6

27

CYPRESS EDITION • APRIL 2023

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