• TOP RANKED SCHOOLS: Lake Olympia homes are zoned to some of the best FBISD schools: Palmer Elementary, Lake Olympia Middle School, and Elkins High School. Elkins, a 2002 National Blue Ribbon School, was included in Newsweek’s 2005 top 1000 schools and Washington Post’s 2011 Top High Schools in the Nation. (See Guide To Houston’s Best Schools.)
• ACTIVE HOA: The community has a very active HOA, the Lake Olympia Civic Association. The association enforces the community’s deed restrictions and covenants as well as organizes events for its residents.

Lake Olympia real estate can be tricky to navigate, due to limited home inventories and the variety of homes (some built in the mid-80s) in the area.

Contact Paige Martin, one of Houston’s Best Realtors and one of Lake Olympia’s most active real estate agents, if you’re looking to buy or sell a home in Lake Olympia.

For any inquiries about Lake Olympia homes recommendations, or off-market MLS listings, get in touch with Paige Martin, head of the Houston Properties Team and one of the best realtors in Houston.

• The most expensive Lake Olympia real estate are lakefront properties (some within gated communities). Common features include private docks, swimming pools, wooded grounds, custom cabinetry and spacious master suites.
• Lake Olympia homes tend to feature traditional designs, with stucco or brick and wood exteriors.
• Prices for Lake Olympia homes for sales start at around $200,000. The most expensive homes in the community can sell for more than $1,200,000.

Lake Olympia Maps And Location

Lake Olympia Texas real estate are within the 77459 zip code. (View Houston zip code map.)

Lake Olympia Subdivisions

Lake Olympia is made up of 19 communities, some of which are gated. The master-planned community has deed restrictions and covenants in place.

Lake Olympia TX Schools

Elementary Schools

Middle Schools

High Schools

Lake Olympia Houston Private Schools

To find an updated listing of all Lake Olympia real estate zoned to any specific public school, please send an email to Paige Martin at [email protected] with the property preference and budget that you’re working with.

*Note: School zoning tends to change from year to year, information provided above are accurate but not guaranteed. Please double check by visiting the school’s website.

Lake Olympia Real Estate Trends

Lake Olympia real estate has been on the steady rise in the past decade, with the median sales price of homes at just under $250,000.

Land values in the community has also increased, peaking at over $40.

Several factors have contributed to the master-planned community’s continuing popularity, including the its schools, accessibility, and excellent amenities.

(Data sourced from the Houston Association of Realtors Multiple Listing Service and is deemed reliable but not guaranteed.)

For updated information regarding Lake Olympia real estate pricing and trend analysis, please contact Paige Martin at [email protected].

Lake Olympia Single-Family Home Sale Trends

Lake Olympia is made up of about 1,800 single-family homes, built between 1984 and 2016. The community features traditional homes, lakefront estates, and homes in gated sections.

Lake Olympia homes typically feature 3- to 6-bedroom floor plans, with home sizes ranging from 1,600 to over 8,000 square feet.

The most expensive Lake Olympia real estate are lakefront properties (some within gated communities). Common features include private docks, swimming pools, wooded grounds, custom cabinetry and spacious master suites.

Architectural styles mostly lean toward traditional aesthetics, though newer properties can feature more modern and contemporary designs. Most feature stucco or brick and wood exteriors.

Lot sizes range from 5,500 to over 15,000 square feet.

Prices for Lake Olympia homes for sales start at around $200,000. The most expensive homes in the community can sell for more than $1,200,000.

Lake Olympia Townhomes Sale Trends

There are no townhomes in the master-planned community. There are, however, a number of options in other Missouri City neighborhoods like Quail Valley.

Most are fairly new (built between 2000 and 2014) and priced from $100,000 to just under $370,000.

Lake Olympia Condo Sale Trends

There are no mid- or high-rise Lake Olympia condos. There are a few options in the Sugar Land area, including the City Plaza at Town Square.

For more options, there are more available in Houston’s Medical Center, Museum District, and Galleria areas.

To see other condos within the Inner Loop, see Inner Loop Houston Condos. To see condos within the Galleria area, see Galleria Houston Condos.

Lake Olympia TX History

In 1982, a group of developers headed by Andrew M. Choy purchased a 1,000-acre parcel of land. The area had been previously owned by Edward Palmer, a former judge of the 7th Judicial District of Texas.

Previously known as the Palmer Plantation, the area was part of the original Stephen F. Austin land grants. Palmer bought 640 acres from David Bright in 1860, and the land stayed with the family until the early 1980s.

Lake Olympia opened in 1984, with 130 acres of lakes and mature trees.

The development was later sold to Tan Yu, a Filipino-Chinese businessman and philantrophist.

Today, Lake Olympia is one of the most popular master-planned communities in Missouri City. It has received several awards, including the National Association of Home Builders’ Gold MIRM Award, and awards from the Texas Association of Builders and Greater Houston Builders Association.

Fun Things To Do Near Lake Olympia

Lake Olympia offers a number of community amenities for its residents.

The community’s various lakes, home to various wildlife (like fish, turtles, and ducks), are lined with walking and jogging trails. Swimming pools with wading areas and lighted tennis courts are also available for residents.

Lake Olympia’s Marina Club, located just off Lake Olympia Parkway, features a kitchen area, a main hall, and a deck. Residents can rent the clubhouse for events and meetings.

The community’s civic association also organizes a number of events for residents. Residents can also join the community’s various clubs, including the garden club and the swim team.

For retail and entertainment, residents can take a short drive to Riverstone Shopping Center, a 200,000-square foot shopping center along Highway 6. It features several stores and dining options, including Kohl’s, Target, and Home Depot.

Nearby Kitty Hollow Park (located along Highway 6) also features a number of facilities, including a play area, a fishing pier, several pavilions, a dog park, a splash pad, and baseball and soccer fields.

Lake Olympia Houston Realtor – Paige Martin

As featured on Fox News in the Morning, Houston Business Journal and Houston Magazine, Paige Martin, a consistent Top Producing Broker-Associate and head of the Houston Properties Team, is ranked as one of the top residential real estate agents in the world.