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Towne Lake

Towne Lake

Suburban Neighborhood in Cypress, Texas

Harris County 77433
$660,246 Average Value
$209 Average Price per Sq Ft
60 Homes For Sale

A resort-style life at Towne Lake

A typical day in the upscale community of Towne Lake might look like hopping on a golf cart, cruising to the local marina, and steering a motorboat toward a waterside restaurant. This is just one of a handful of master-planned neighborhoods in Cypress, and it is distinctive for being situated around a 300-acre private lake. Commonalities it strikes with many others are neighborhood schools, robust recreational spaces and convenient local shopping and dining. Though Towne Lake is around 15 years old, it's still being developed just west of Highway 290, which provides a direct path to downtown Houston in 30 miles. "Folks are looking to move out of the city," says Andrea Curran, a broker associate with Compass Real Estate who's sold homes in the area for the last seven years. "And for me personally, the schools were a driver."

There are plenty of boating opportunites on Towne Lake.
There are plenty of boating opportunites on Towne Lake.
Towne Lake has a boardwalk with shops and restaurants.
Towne Lake has a boardwalk with shops and restaurants.
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Schools rated A to A plus by Niche

The Cypress Fairbanks Independent School District serves Towne Lake. Postma Elementary School, Rennell Elementary School and Anthony Middle School are all in the community and receive A ratings from Niche. From Anthony Middle, students may filter into Cypress Ranch High School, which earns an A-plus ranking. According to US News World & Report, around 43% of students at Cypress Ranch High participate in advanced placement testing. The school is ranked No. 3 out of the 14 school district's high schools. Lone Star College-CyFair, a community college, is in Towne Lake for a convenient college track.

Bold angles and captivating details define Cypress Ranch High School's architecture.
Bold angles and captivating details define Cypress Ranch High School's architecture.
Open the door to possibilities at Rennell Elementary School's welcoming entrance.
Open the door to possibilities at Rennell Elementary School's welcoming entrance.
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Sunbathing at Towne Lake's island

The community's lake boasts 14 miles of shoreline and 6 miles of uninterrupted passage for boaters. Its centerpiece is a 1.5-acre island, which offers picnic tables, barbecue pits for grilling, a swimming area and a fishing dock where anglers catch largemouth bass, white crappie and sunfish. Another popular spot is Towne Lake's water park, which rests along the lake and features an Olympic-sized pool and another beachy area for lounging on the sand. There are several marinas in the community for residents who don't have their own private boat slips, including Towne Lake North Marina on Greenhouse Road. Towne Lake's residential sections are anchored by neighborhood parks with playgrounds and sometimes tennis courts, and the community's 24 miles of connected hike and bike trails not only loop around the water but also tie these parks together. Golf courses orbit Towne Lake, including the Black Horse Golf Club, just over 5 miles north on Fry Road.

Towne Lake has a small Island that residents can boat to for hangouts.
Towne Lake has a small Island that residents can boat to for hangouts.
Towne Lake residents love to take their boat over to the Boardwalk.
Towne Lake residents love to take their boat over to the Boardwalk.
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Dining at The Boardwalk

Towne Lake's trails and lake lead residents almost everywhere locally, including to The Boardwalk, its shopping and dining hub. "I do have friends that live there. We meet up for coffee at The Boardwalk, and they drive in in their golf cart," says 19-year agent Marie Sandoval, team lead for Cy-Hou Realty Group and broker associate for LPT Realty, LLC. Coco Crepes always features a crepe of the month off their wide-ranging menu, which has everything from Tuscan waffles to smoked salmon paninis and lattes. For street corn, empanadas and what's been voted as the best margarita in Houston, locals head to Ambriza, an upscale Mexican restaurant. Happy Hour lasts all day on Mondays, and the restaurant serves a special brunch menu on Saturdays and Sundays. There's usually live music on The Boardwalk's small, central green space on those days, too. Kroger is there for grocery runs. Retail is slim, but The Royal Standard sells home decor and offers in-house monogramming for personalized gifts. Houston Premium Outlets is just over 11 miles north, off 290, for more robust shopping options.

Ambriza is a popular Mexican restaurant located in Towne Lake's Boardwalk.
Ambriza is a popular Mexican restaurant located in Towne Lake's Boardwalk.
Towne Lake has a boardwalk with shops and restaurants.
Towne Lake has a boardwalk with shops and restaurants.
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Waterfront homes in Towne Lake

Most homes are on or near the water in Towne Lake, but not necessarily the area's largest body of water, which is the community's only recreational lake. Homes in Waters Edge with prime lake access and private boat slips price from $1 million to over $2.5 million. Just across the way from this community, The Waterway section has canal homes starting in the upper $500,000s and heading toward the $900,000s. The most affordable section of Towne Lake is Heritage Cove, a 55-plus community priced from the upper $200,000s to $700,000s. Homeowners can also find townhouses from the upper $300,000s to mid $400,000s. New construction and older established homes are often in the neo-traditional style, but custom builds are common, especially with the larger estates, which sometimes have a Mediterranean flair and sit on a quarter of an acre or more. Home Owners Association Fees often range from $100 to over $200 a month. Towne Lake's Cap Index Crime Score is 3 out of 10, lower than the national average of 4 out of 10. As for weather: "We're in Houston, so we will always have extreme weather: hurricanes, tornados and flooding," Sandoval says. She said Towne Lake is not prone to flooding. Still, she recommends flood insurance anyway, as flooding can be random and unpredictable in Houston.

Towne Lake in Cypress, Texas, features stunning luxury homes with lake views.
Towne Lake in Cypress, Texas, features stunning luxury homes with lake views.
Towne Lake offers waterfront homes and lakeside amenities.
Towne Lake offers waterfront homes and lakeside amenities.
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South of Interstate 290

Though golf carting and boating are a way of commuting in Towne Lake, Sandoval says cars are essential for travel throughout greater Houston as there is no public bus transportation. George Bush Intercontinental Airport is around 30 miles east via the Sam Houston Tollway when flights are needed. Interstate 290, just north of Towne Lake, connects to the tollway, and Interstate 99 is just west of Towne Lake. "Cypress has been growing tremendously. When we moved here in 2012, there was nothing connected to 99. The fact that we have all of this new construction past 99 makes a huge difference," Sandoval says. Local houses of worship include Fallbrook Church on Greenhouse Road, the community's main thoroughfare. There's a branch of the Houston Methodist Hospital on The Boardwalk for convenient care.

The Lake House at Towne Lake is home to many leisure activities.
The Lake House at Towne Lake is home to many leisure activities.
Towne Lake has a small Island that residents can boat to for hangouts.
Towne Lake has a small Island that residents can boat to for hangouts.
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Kathryn Ashworth
Written By
Kathryn Ashworth
Robert Pierce
Photography Contributed By
Robert Pierce
Dan Mack
Video By
Dan Mack

Agents Specializing in this Area

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Schools

Source:
GreatSchools: The GreatSchools Rating helps parents compare schools within a state based on a variety of school quality indicators and provides a helpful picture of how effectively each school serves all of its students. Ratings are on a scale of 1 (below average) to 10 (above average) and can include test scores, college readiness, academic progress, advanced courses, equity, discipline and attendance data. We also advise parents to visit schools, consider other information on school performance and programs, and consider family needs as part of the school selection process. View GreatSchools Rating Methodology

Parks in this Area

Transit

Airport

George Bush Intcntl/Houston

40 min drive

Reviews

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Crime and Safety

1 - Low Crime, 10 - High Crime Towne Lake US
Homicide 3 4
Sexual Assault 2 4
Assault with Weapon 3 4
Robbery 3 4
Burglary 4 4
Motor Vehicle Theft 4 4
Larceny 3 4
Crime Score 2 4

Source: WhatIsMyCrimeRisk.com

Towne Lake Demographics and Home Trends

Housing Trends

Median List Price
$625,000
Median Sale Price
$590,000
Median Single Family Sale Price
$590,000
Median Townhouse Sale Price
$329,750
Median Change From 1st List Price
4%
Last 12 months Home Sales
205
Median Home Sale Price YoY Change
9%
Average Price Per Sq Ft
$209

Neighborhood Facts

Number of Homes
2,378
Number of Homes for Sale
60
Median Year Built
2016
Months of Supply
3.50
Average Single Family Home Size Sq Ft
3,359
Significantly above the national average
1,930
Average Townhouse Size Sq Ft
2,005
Average 2 Bedroom Size Sq Ft
2,036
Median Lot Size Sq Ft
8,276

Distribution of Home Values

Source: Public Records

Homes for Sale

Homes for Rent

Average Home Value





Source: Public Records

Property Mix - Square Feet

This Neighborhood Has More Owners

Demographics

Total Population
13,203
Median Age
37
Population under 18
30.6%
Above the national average
23.8%
Population over 65
12.2%
Below the national average
19.1%

Finances

Median Household Income
$145,046
Significantly above the national average
$79,601
Average Household Income
$168,246

Education and Workforce

High School Graduates
95.7%
College Graduates
56.7%
Above the national average
34.1%
Advanced Degrees
23.5%
Above the national average
13.3%
% Population in Labor Force
73.5%

Weather

Annual Precipitation
51''
Average Winter Low Temperature
43°F
Average Summer High Temperature
95°F
Annual Snowfall
0''

Area Factors

Somewhat Bikeable

Bike Score®

25 / 100

Car-Dependent

Walk Score®

4 / 100
Source: Walk Score
Source: Walk Score

Sound Score® measures the noise level of any address. Transit Score® measures access to public transit. Bike Score® measures the bikeability of any address.

Nearby Neighborhoods

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. Our sources include: Accuweather, Public Records and Neustar. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
NEIGHBORHOOD
Towne Lake