LAKE OLYMPIA REAL ESTATE GUIDE

2022 Lake Olympia homes for sale & insider real estate guide

Lake Olympia is a master-planned community within one of Houston's Best Suburbs, the Missouri City. The community features lakeside living, excellent amenities, accessibility, and notable schools.

The Lake Olympia community has remained popular due to its:

• EXCELLENT NEIGHBORHOOD AMENITIES: A wide range of biodiversity can be found in Lake Olympia's many lakes, which measure over 100 acres. There are also fountains and hiking/running trails in the area. Lake Olympia residents can enjoy swimming pools, wading areas, and lighted tennis courts.

• LAKEFRONT HOUSES: The neighborhood has a number of lakefront properties and homes available, some of which are located in luxury gated communities. Housing options may include smaller single-family homes to estate-style abodes in the area.

• HIGH ACCESSIBILITY: The master-planned community of Lake Olympia is located just off Highway 6 and is close to US 90 Alternate and the Beltway 8. The Lake Olympia Parkway links to the Fort Bend Parkway Tollway.

• TOP-RATED SCHOOLS: Zoned to Fort Bend ISD. Top-Performing schools include Palmer Elementary, Lake Olympia Middle School, and Elkins High School are serving the community. Elkins was named a National Blue Ribbon School in 2002 and one of the Washington Post's top high schools in 2011. (For more information, see Best Schools in Houston.)

The Lake Olympia Civic Association is a very active HOA in the community. The association enforces restrictive covenants and organizes events for its villagers. Due to various home styles in the area, Lake Olympia real estate can be challenging to navigate.

To get personal advice on buying or selling a Lake Olympia home, contact Paige Martin, one of the Top-Ranked Realtors in the United States.

"The entire Houston Properties Team was excellent to work with. Incredibly informed, proactive, and responsive, we could not have been happier with our Houston home search and the property we purchased. Will definitely work with this great group again in the future." - Kathryn Kaufman (Google Review)

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Table of Contents

1. Lake Olympia Home Sale Trends
2. Lake Olympia Best Realtor Insights
3. Lake Olympia Maps, Location & Zip Code
4. Lake Olympia Schools
5. Lake Olympia Real Estate Market

Lake Olympia Home Sale Trends

Lake Olympia is a lakeside-type master-planned community nestled within Missouri City. It is notable for having amenities such as lakes, parks, and housing options. Its estates are enhanced by their proximity to the area’s many lakes.

Lake Olympia is famous for its:

• UNIQUE AMENITIES: Lake Olympia is lined with several walking/jogging trails and fountains around the neighborhood. The numerous lakes in the area host a variety of wildlife.

• MARINA CLUBHOUSE: The Lake Olympia Marina clubhouse features a porch, deck, kitchen, and party room that the residents enjoy. The clubhouse can also be rented for certain programs, events, and meetings.

• LAKEFRONT PROPERTIES: Several lakefront properties are available in the community, including some within luxury gated communities—these range from sprawling estate-type houses to smaller, single-family homes.

• HIGH ACCESS: Lake Olympia provides easy access to nearby major highways such as the US 90 Alternate and Beltway 8. The master-planned community is also minutes away from First Colony Mall, Medical Center, and Brazos Bend State Park.

The Lake Olympia Civic Association actively enforces the community’s deed restrictions, keeping the area primarily residential. The community association also organizes events for its residents.

Lake Olympia Best Realtor Insights

Lake Olympia is a master-planned community just off of Highway 6 in Missouri City.

• Lake Olympia’s many lakes (over 100 acres) play host to a variety of wildlife and are lined with walking/jogging trails and fountains. Swimming pools with wading areas and lighted tennis courts are also available for residents.

• Located just off Lake Olympia Parkway, the clubhouse features a party room, a kitchen, porch, and deck. Residents can rent the clubhouse for events and meetings.

• Lake Olympia offers several lakefront properties, some of which are within luxury gated communities. Estate-style homes and smaller single-family homes are available in the area.

• Nestled just off Highway 6, the master-planned community has easy access to several main roads including Beltway 8 and US 90 Alternate. Lake Olympia Parkway connects to Fort Bend Parkway Tollroad.

• 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.

• 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.

• Formerly the Palmer Plantation, Lake Olympia was developed by Andrew Choy. Opened in 1984, Lake Olympia is divided into 19 sections or subdivisions.

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

• 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.

• 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 Maps, Location & Zip Code

Lake Olympia Schools

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.

Elementary Schools

Public Elementary Schools zoned to Lake Olympia include:

• Palmer Elementary School at 4208 Crow Valley Dr. Palmer Elementary School has several clubs for its students, including a Writers’ Club, a Coding Club, an Art Club, a Garden Club, and a Legos Club.

Middle Schools

• Lake Olympia Middle School at 3100 Lake Olympia Pkwy. Lake Olympia Middle School opened its doors in 1992. The school features several academic and athletics programs, along with a number of clubs (STEM Club, Wall Street Warriors, and Spanish Club, among others).

High Schools

• Elkins High School at 7007 Knights Ct. Established in 1992, Elkins High School is one of FBISD’s award-winning schools. It is a 2002 National Blue Ribbon School and was included in Newsweek’s 2005 top 1000 schools and Washington Post’s 2011 Top High Schools in the Nation. Elkins High is also home to the FBISD Engineering Academy.

• Ridge Point High School at 500 Waters Lake Blvd. Ridge Point High is one of FBISD's 11 high schools. The school opened its doors in 2010 and serves Arcola, Fresno, Missouri City, and Rosharon. Advanced Placement courses offered include Studio art, Psychology, Music Theory, Computer Science, and Human Geography.

Lake Olympia Houston Private Schools

The following are some of the more notable private schools in and around Lake Olympia.

• Lake Olympia Kindercare at 1531 Texas Pkwy.

• The Cartwright School at 1647 Cartwright Rd.

• The Goddard School at 6111 Sienna Ranch Rd.

• New Millenium Montessori School at 2200 FM 1092 Rd # J.

• The Towne Creek School at 3311 Williamsburg Ln.

• Primrose School of Sienna at 4400 Sienna Pkwy.

• Baker’s Preparatory School at 504 Murphy Rd # H.

• Torah Day School of Houston at 10900 Fondren Rd.

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 PMartin@HoustonProperties.com with the property preference and budget that you’re working with.

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

Lake Olympia Real Estate Market

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.

Lake Olympia real estate features some of the most expensive 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 philanthropist.

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, the 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:

Dining

• Anonymous Cafe

• Brandani’s Restaurant & Wine Bar

• Micheaux’s

• Hoggs N’ Chicks

• Soto’s Grill

• Juice It Raw

• Grand Indian Kitchen

• The Bluebonnet Grille

• B’s Wine Bar

• Tornado Taco

Parks and Outdoor Recreation

• Lake Olympia Recreation and Tennis Center

• Kitty Hollow Park

• American Legion Park

• Bicentennial Park

• Community Park

• Freedom Tree Park

• Ridgeview Park

• Mosley Park

• Hunters Trail Park

• Buffalo Run Park

• Independence Park

Nightlife

• Vino & Vinyl

• Petrie’s Sports Lounge

• The Roof

• Stafford Ice House

• D Bar

• B’s Wine Bar

• Tea’ze Daiquiri Lounge

• Fog Hookah Lounge

• The Middle Spoon

• Capone’s Oven & Bar

Groceries

• H-E-B

• Aldi Grocery Store

• Target Store

• Apna Bazaar

• Vishala Grocery

• One Stop

• Randall’s

• Keermat Grocers

• Kroger

Golf

• Quail Valley Golf, Grille & Events

• Sugar Creek Country Club

• El Dorado Golf Course

• Riverbend Country Club

• Sienna Plantation Golf Club

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.

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