Lappin Properties, a Houston-based real estate firm, recently broke ground on a 135-acre...
A rendering of ranch-style mansions planned in Round Top Srings, a new luxury development planned in Round Top, Texas north of Houston.Round Top is best known for its massive antique fairs and small-town charm, but the tiny community 100 miles northwest of Houston continues to attract luxury real estate developers hoping to appeal to wealthy vacationers.
Lappin Properties, a Houston-based real estate firm, recently broke ground on Round Top Springs, a 135-acre community about 6 miles off State Highway 237 that will have just 16 ranch-style homes. Each will sit on sites of 5 to 10 acres, be larger than 3,600 square feet and cost $2.9 million to $4.5 million.March 27 to April 1.
Meanwhile, home values in Round Top continue to climb, with the typical home value reaching about $1.1 million, a nearly 28 percent gain from a year ago, according to real estate firm Zillow. The price of land in the area also continues to rise, says Sissy Lappin of Lappin Properties. Since 2020, prices in Round Top more than tripled, from a range of $10,000 to $15,000 per acre to $68,000 to $70,000, Lappin said. Last year, a 10-acre property sold for $4.2 million after one day on the market, she said.
“They aren't making any more land. And ranch owners in the area don't sell," Lappin said"They know it is the safest place to park money. Demand and scarcity are going to keep driving prices and interest.”
Argentina Últimas Noticias, Argentina Titulares
Similar News:También puedes leer noticias similares a ésta que hemos recopilado de otras fuentes de noticias.
Source: Texans trading for Buccaneers guard Shaq Mason and seventh-round pick for sixth-round pickThe Texans are acquiring veteran offensive guard Shaq Mason and a seventh-round draft pick in a trade from the Tampa Bay Buccaneers in exchange for a sixth-round draft pick, according to a league source. sports texans kprc2 click2houston htx
Leer más »
Get to know UH's NCAA Tournament opponent: Northern KentuckyAn early look at the University of Houston's first-round opponent in the NCAA...
Leer más »
How much snow fell in New York City, New York, New Jersey, and ConnecticutA nor'easter is bringing some significant snowfall in the higher elevations of the Tri-State area.
Leer más »
10 cool new businesses opening soon in Houston's suburbsBuilding permits filed earlier this year show a variety of new restaurants and...
Leer más »
Texas education agency ready to find new leaders for Houston school district, documents showTexas’ education agency first moved to take over the district in 2019 after years of low student performance at a single Houston ISD high school. Critics said the district has made improvements since then.
Leer más »