Monday, February 15, 2010

Hot Pick: **** Under $360K *****

This is property located just a hop, skip, and a small leap from Lake Houston and just under twenty eight minutes from the heart of downtown Houston, TX in the suburban town known as Kingwood, TX which was annex by the City of Houston in December of 1996.  As a results Kingwood utilities many of the City of Houston services.

Property Details: 5918 Royal Hill Kingwood, TX 77345

SOLD!
ML# 65134293
Price $359,000.00
Year Builit: 2009
Square Footage: 4101
# of Bedrooms: 4
Lot Size: 10000
Key Map: 338F


In accordance with the Kingwood Community Guide some residents in the community were opposed to the annexation and tried to set up a petition in 1999 for deannexation, but failed. Banners that read "Free Kingwood" can occasionally still be seen. Reasons for opposing the annexation include: a possible decrease in quality of services, and an increase in taxation. Arguments for annexation include: Because a substatial population in Kingwood relies and benefits from the services provided by the city of Houston, annexation is needed to fund the city for these services.

Kingwood is a 14,000 acre (57 km²) master-planned community located in northeast Houston, Texas, United States.[1] The majority of the community is located in Harris County with a small portion in Montgomery County. Known as the "Livable Forest," it is the largest master-planned community in Harris County and second-largest within the 10-county Houston–Sugar Land–Baytown metropolitan area.


Kingwood, founded in 1969, is being developed on Lake Houston by the Friendswood Development Company, headed by John Bruton Jr. The name is derived from the King Ranch, owned and operated by Kelly King, who, at one point owned the land, as well as from the Friendswood Development Company.

source: Wikipedia

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