Cypress Edition | February 2023

REAL ESTATE

Featured Neighborhood Featured neighborhood

MARKET DATA FOR DECEMBER

TOWER OAKS, 77065 Tower Oaks is a neighborhood of 389 single-family homes located east of North Eldridge Parkway between Jones Road and Fallbrook Drive. The community is zoned to Cy-Fair ISD.

99 TOLL

249

77070

290

77429

HOMES SOLDAVERAGE DAYS ON THE MARKET

1960

77064

77040 77064 77065 77070 77095 77429 77433

77433

77095

$1 million +

1/225

2/27

$800,000-$999,999 $700,000-$799,999 $600,000-$699,999 $500,000-$599,999 $400,000-$499,999 $300,000-$399,999 $200,000-$299,999

- - -

- - - - -

- - -

- -

2/106 8/87

529

Homes on the market* 6 Median home value $359,000

77040

12/66

77065

2/77 2/33

1/14

16/60

2/166

1/8

10/70 27/67

Build-out year: 1985 Square footage: 1,600-5,600

2/32

2/55

10/39 18/64 44/84

3/54 6/37

5/50 1/10

7/17

21/31

27/54 44/62 21/40 15/54

11/39

7/49

12/19

8/51

Selling price: $191,000-$437,000 HOA dues (voluntary): $100 annually Schools: Cy-Fair ISD (Adam Elementary School, Arnold Middle School, Cy-Fair High School)

Homes under contract 3

$199,999 or under

2/10

1/21

1/5

1/6

MEDIAN PRICE OF HOMES SOLD WITH YEAROVERYEAR PERCENTAGE CHANGE

Average days on the market* 24 Median annual property taxes $7,683 Median price per square foot $161.86

2021

2022

Property taxes (in dollars): Lone Star College System Harris County Department of Education Harris County

77040 77064 77065 77070 77095 77429 77433

Sale price

0.11 0.39

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

0.01

+12.8%

Harris County Emergency Services District No. 9

0.06

0.7%

Harris County Flood Control District Harris Health System

+9.7%

0.03 0.17 1.36 0.01 2.14

+1.7%

+8.7% 8.9%

NEIGHBORHOOD DATA PROVIDED BY BOUTWELL PROPERTIES 17506 BOBCAT TRAIL, CYPRESS. 2813058533. OFFICETHEBOUTWELLTEAM.COM

7.5%

Cy-Fair ISD

Port of Houston Authority Total (per $100 valuation)

*AS OF JAN. 16

Recently sold homes in Tower Oaks

11910 E. Morgan Drive 2 beds/1 bath 1,732 sq. ft. Sold for $285,001-$325,000 on Nov. 14

12010 Foxburo Drive 4 beds/2 baths 2,362 sq. ft. Sold for $325,001-$370,000 on Oct. 31

12010 Dermott Drive 3 beds/2.5 baths 3,105 sq. ft. Sold for $370,001-$420,000 on Oct. 19

11607 Dakar Drive 3 beds/1 bath

1,596 sq. ft. Sold for $325,001-$370,000 on Sept. 12

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CYPRESS EDITION • FEBRUARY 2023