Caldwell Companies have SOLD the 51.75 acres it had listed on the south side of Louetta close to the Louetta Glen intersection. Since March of 2011, the property had been listed on Loopnet.com for $2,817,787. Earlier in 2012, the property had been partially cleared.
The 51.75 acres were originally planned to be sections 3 and 4 for Louetta Glen, the Spring Texas subdivision located to its east. Unfortunately, Kimball Hill, the home builder of Louetta Glen sections 1 and 2, declared bankruptcy in April of 2008 during one of the worst housing markets in decades.
I inquired with Caldwell Companies has to who the builder was going to be but they were tight lipped. Only stating that the property had been sold for residential development.
Depending upon the product and its pricing, the housing should be in demand as it is located in the award winning Klein school district and is super convenient to I45, grocery stores, and the EXXON MOBIL campus.
Jill did a fantastic job selling our home for a higher price and faster than I ever imagined! After living... read moreJill did a fantastic job selling our home for a higher price and faster than I ever imagined! After living there 24 years, a lot was needed to prep the house for sale. Jill provided advice and contacts for landscaping, air duct cleaning, interior paint, carpet, window treatments, and bathroom fixtures. We moved out-of-state to our new home before most of the work was done and Jill coordinated and supervised everything for us. She got the house on the market in less than 3 weeks and, after receiving multiple offers, we had a sales contract 6 days later. She then did a great job advising and negotiating through the hurdles of closing. Very professional, knowledgeable, and a great communicator. Thanks again Jill! read less