Lake Olympia TX Real Estate Guide
Nestled within one of Houston’s Best Suburbs, Lake Olympia is a “lakeside” master-planned community popular for its breathtaking estates and great neighborhood amenities.
Nestled within one of Houston’s Best Suburbs, Lake Olympia is a “lakeside” master-planned community popular for its breathtaking estates and great neighborhood amenities.
Nestled within Missouri City, Lake Olympia showcases “lakeside” living with amenities built around promoting an active lifestyle.
The city has remained quite popular due to its:
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.
Lake Olympia spans 1,000 acres in the area south of Quail Valley, east of Colony Lakes, north of Sienna Plantation.
Made up of around 1,860 single-family homes, the master-planned community is divided into 19 sections or subdivisions. Opened in 1984, Lake Olympia features around 130 acres of lakes and preserved the area’s mature trees.
The master-planned community is located just off Highway 6. Lake Olympia Parkway connects to Fort Bend Parkway, while Beltway 8 and US 90 Alternate are minutes away from the community.
Residents have several community amenities from which to choose, including the Marina Clubhouse. Walking/jogging trails and fountains line the community’s many lakes. Swimming pools with wading areas and lighted tennis courts are also available for residents.
Dining and retail options line Highway 6. Riverstone Shopping Center, The Shops at Williams Trace, Sugar Land Town Square, and First Colony Mall are all minutes away from the community.
Lake Olympia Texas real estate are within the 77459 zip code. (View Houston zip code map.)
Lake Olympia is made up of 19 communities, some of which are gated. The master-planned community has deed restrictions and covenants in place.
West of Lake Olympia
North of Lake Olympia
East of Lake Olympia
South of Lake Olympia
Lake Olympia homes are zoned to Fort Bend ISD schools.
Fort Bend Independent School District (FBISD) covers a 170-square mile area and serves Sugar Land, Meadows Place, Lake Olympia, Pearland, and some parts of Houston. The TEA gave the FBISD a “Recognized” rating and was named a National School District of Character in 2011 by the National Schools of Character Program.
Public Elementary Schools zoned to Lake Olympia include:
The following are some of the more notable private schools in and around Lake Olympia.
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 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 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.
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.
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.
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.
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.
Here are some of Lake Olympia’s must-visit places:
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.
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