Section Image

Indigo Lake Estates

Indigo Lake Estates

$767,858 Average Value
$250 Average Price per Sq Ft
6 Homes For Sale

Indigo Lake Estates offers seclusion and lakeside living

Buyers search for custom homes in Indigo Lake Estates, which feature spacious lots and private access to Indigo Lake for recreational activities. Residents have several outdoor amenities to enjoy and usually head north to nearby Magnolia or Tomball to shop or dine out. “Buyers are drawn to the atmosphere here,” says Michael Schroeder, a broker associate with RE/Max Universal, with over 26 years of experience serving the East Texas area. “The oversized lots, trees, private lake and the abundance of wildlife around the community.” Commuters often work in various locations around the region and can reach Houston in under an hour.

Residents enjoy Indigo Lake, horseback riding trails and nearby golf

The neighborhood has numerous residents-only amenities, including a playground, a covered basketball court, baseball and softball diamonds and a soccer field. Since deed restrictions allow residents to own one horse per acre of land, there are also riding trails that snake through the community, and an equestrian center for events. There’s also a beach park on Indigo Lake, with a sand volleyball court, picnic pavilion and a boat ramp available. The lake itself is a popular spot for locals to go fishing, swimming and kayaking. Locals are also a few miles from the public High Meadow Ranch Golf Club, offering an eighteen-hole course with a practice facility, a 3,000-square-foot enclosed pavilion for events, and Ogie’s Grill for dinner and drinks after a day on the links.

Custom homes on spacious lots around the community

Indigo Lake Estates features Craftsman and Contemporary-style single-family homes along tree-lined streets, with many residences situated on large lots ranging from one to five acres. Since this is a deed-restricted community, homeowners must adhere to the housing covenants and local HOA rules regarding the use of their land. “There are covenants that require the HOA to approve the minimum square footage and materials used for homes, but buyers can work with any builders they want,” says Schroeder. Home prices range from $600,000 to $1.2 million, varying by square footage and lot size.

Magnolia ISD schools offer advanced curriculum programs

Magnolia Independent School District serves the community and is ranked by Niche as the third-best school district in Montgomery County. Students can attend Nichols Sawmill Elementary School, which receives a B rating from Niche. Magnolia Intermediate School and Magnolia Junior High School both have B-plus ratings, and Magnolia High School West gets a B. The high school offers a wide variety of advanced academic programs for high-achieving students, including the International Baccalaureate program, Advanced Placement courses, and OnRamp dual enrollment classes with the University of Texas.

Locals mainly shop in Magnolia and Tomball

Though there are no commercial businesses within the neighborhood, Magnolia offers supermarkets and local restaurants just 4 miles north. Locals can order enchiladas, fajitas and mezcal margaritas at Blue Iguana Taco House, or grab groceries from Brookshire Brothers. Tomball is a 14-mile drive east and hosts Tomball Town Center, where locals can browse Lowe’s, Target and Kroger.

Commuters can reach Houston in about an hour

Residents of Indigo Lake Estates are largely reliant on cars for transportation due to the limited public transit options available. Houston is 47 miles south along U.S. Interstate 290 or the Tomball Tollway, which takes a little over an hour to reach. “Residents work in many different places here,” says Schroeder. “Some work from home, and some work in Magnolia, the Woodlands, or Houston.” George Bush Intercontinental Airport is 40 miles east of the neighborhood for flights, and the nearest hospital is the Houston Methodist Emergency Care Center in Magnolia, just a few miles north.

Maxwell Olarinde
Written By
Maxwell Olarinde

Agents Specializing in this Area

See All Agents

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

Transit

Airport

George Bush Intcntl/Houston

62 min drive

Reviews

Are you familiar with the Indigo Lake Estates neighborhood? to let others know what life in this neighborhood is like.

Crime and Safety

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

Source: WhatIsMyCrimeRisk.com

Indigo Lake Estates Demographics and Home Trends

Housing Trends

Median List Price
$750,000
Median Sale Price
$725,000
Median Single Family Sale Price
$740,000
Median Change From 1st List Price
5%
Last 12 months Home Sales
27
Median Home Sale Price YoY Change
40%
Average Price Per Sq Ft
$250

Neighborhood Facts

Number of Homes
495
Number of Homes for Sale
6
Median Year Built
1998
Months of Supply
2.70
Average Single Family Home Size Sq Ft
2,763
Significantly above the national average
1,927
Median Lot Size Sq Ft
85,377

Open Houses

  • Saturday, Nov 15
    2 - 4pm

    20626 Imperial Oak Dr, Magnolia, TX 77355

    $625,000

    • 4 Beds
    • 2 Baths
    • 2,238 Sq Ft
    • 20626 Imperial Oak Dr
    • New 1 day ago

    Set on 2 acres in the coveted Indigo Lake Estates subdivision, this single-story custom built brick home offers 2,238 square feet of thoughtfully laid-out living space w/4 bedrooms & 2 full baths, formal dining, sunroom, & eat-in updated kitchen. Covered front porch extends the length of the home, while the backyard has both a covered porch w/fans and a large gazebo w/outdoor pool shower.

    Cathleen Davis Better Homes and Gardens Real Estate Gary Greene - The Woodlands

    Section Image

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
1,779
Median Age
43
Population under 18
24.4%
On par with the national average
23.8%
Population over 65
17.2%
On par with the national average
19.1%

Finances

Median Household Income
$136,486
Significantly above the national average
$79,601
Average Household Income
$160,270

Education and Workforce

High School Graduates
95.4%
Above the national average
89%
College Graduates
34.4%
Advanced Degrees
3.8%
Below the national average
13.3%
% Population in Labor Force
63.6%

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®

0 / 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
Indigo Lake Estates