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One major area of the northwest is Cypress Fairbanks, demarcated by Texas 249 and U.S. 290. Lakewood Forest is a bedroom community of mainly single-family homes ranging from the low $100,000 to more than $350,000. The presence of Compaq Computer Corp., founded in 1982, has led to intense growth of this community. Many two-story brick homes sit on wooded lots offering quiet havens. Multifamily housing is limited in this area. Willowbrook Mall sits just at the edge of Cypress Fairbanks.
The area also welcomes a large number of single-family and multifamily developments opening their doors to professionals who work throughout greater Houston. Coles Crossing, a master-planned community located at U.S. 290 and Barker-Cypress Road, includes 1,200 acres of heavily forested land. Upon completion, the development will include more than 2,400 single-family homes, retail shops, commercial office space, churches, a community/recreation center and parks. Numerous builders have active new home sales programs in the Cy-Fair area. New housing can range anywhere from $60,000 to almost $1 million. Resale housing costs range from $50,000 to $400,000 or more. A majority of the resale listings are priced from $75,000 to $140,000. Also, about 40 apartment projects are located in the area. |
UPDATED: January 06, 2009
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