Greatwood Real Estate Guide

Greatwood homes for sale & insider real estate guide

Greatwood Homes For Sale
Greatwood Homes For Rent
Greatwood Townhomes For Sale
Overview of Greatwood Neighborhood
Living in Greatwood
Why Choose Greatwood
Greatwood Home Tax Rate
Best Greatwood Realtor
More Details
Frequently Asked Questions

Quick Facts

Location: Located within Sugar Land, Texas, about 25 miles southwest of Downtown Houston, near the intersection of U.S. 59/I-69 and the Grand Parkway (SH 99).
Neighborhood Type: A 2,050-acre master-planned community renowned for its mature trees, numerous lakes, and scenic greenbelts, comprising 29 distinct subdivisions.
Combined Property Tax Rate: The total property tax rate is approximately 2.13%. This is a combination of rates from the City of Sugar Land, Lamar CISD, Fort Bend County, and other local districts.
School Information: Zoned to the highly-regarded Lamar Consolidated Independent School District. Key schools include Bess Campbell Elementary, Susanna Dickinson Elementary, Reading Junior High, and George Ranch High School.
Key Amenities: Features the 18-hole Greatwood Golf Club, three recreation centers each with swimming pools, numerous playgrounds, lighted tennis courts, and extensive walking trails.
Management/HOA: Professionally managed by the Greatwood Community Association, Inc., which upholds community standards and maintains common areas and amenities.
Best For: Individuals seeking a well-established, suburban community with extensive outdoor amenities and access to quality schools.

Nestled within the city of Sugar Land, the Greatwood community offers a distinct lifestyle rooted in its lush, natural surroundings. This 2,050-acre development, established in the late 1980s, is distinguished by its mature oak trees, glistening lakes, and extensive greenbelts that wind through its 29 unique subdivisions. Its prime location near major thoroughfares like U.S. 59/I-69 provides residents with a straightforward commute to Houston's major employment centers, while maintaining a serene, suburban atmosphere away from the urban core's hustle and bustle.

Prospective residents should consider that life in Greatwood is shaped by an active homeowners association that maintains the community's high standards and pristine appearance. The associated fees contribute to the upkeep of the numerous recreational facilities. The neighborhood is ideally suited for those who appreciate a structured community environment with abundant green space and recreational opportunities. It offers a well-rounded suburban experience with convenient access to shopping, dining, and top-tier schools, making it a compelling choice for many homebuyers.

Overview of Greatwood Neighborhood

Greatwood is a well-established master-planned community located in Sugar Land, Texas, within Fort Bend County. Development began in the late 1980s by Terrabrook, with a vision to create a community that harmonizes with its natural environment. Geographically, the area is characterized by its abundant mature trees, particularly the Spanish moss-draped oaks, and over 32 acres of lakes and waterways. The community spans 2,050 acres and is home to more than 3,000 households. The demographic makeup reflects a prosperous suburban community, with a median household income significantly above the national average. Development patterns have focused on creating distinct subdivisions, each with its own character, while being interconnected by a network of trails and greenbelts. Home styles are predominantly traditional, though some Mediterranean influences can be found, catering to a range of preferences from single-family homes to larger estates. For those considering a purchase, understanding the home buying process is an essential first step.

Living in Greatwood

Daily life in Greatwood is centered around its extensive amenities and strong community atmosphere. The neighborhood offers a wealth of recreational opportunities, including the renowned Greatwood Golf Club, an 18-hole public course that anchors the community. Residents have access to three separate recreation centers, which feature resort-style and competition-sized swimming pools, lighted tennis courts, and playgrounds. Miles of paved trails are perfect for outdoor exercise. For shopping and dining, residents can easily access the nearby Brazos Town Center and Sugar Land Town Square, which offer a wide array of retail stores, restaurants, and entertainment options. The community atmosphere is fostered through various events and activities organized by the Greatwood Community Association, creating a connected and engaging environment for residents. Exploring the best master-planned communities in Houston can provide valuable context for what makes Greatwood special.

Why Choose Greatwood

One of the primary draws of Greatwood is its unique combination of natural beauty, robust amenities, and strategic location. The mature landscaping and wooded areas give it an established feel that newer developments often lack. From an investment perspective, Greatwood has demonstrated stable property values, thanks in part to its excellent schools and high quality of life. The community is zoned to the Lamar Consolidated Independent School District, with schools like George Ranch High School receiving high marks. The neighborhood's accessibility, situated near both U.S. 59/I-69 and the Grand Parkway, makes commuting to major Houston employment hubs like the Galleria and Downtown relatively convenient. This blend of a tranquil, green environment with urban accessibility makes Greatwood a highly desirable place to live. For those new to the area, reviewing tips for buying a home in Houston can be highly beneficial.

Greatwood Home Tax Rate

Understanding the property tax rate is a crucial element for anyone considering a home purchase in Greatwood. The total tax rate is a composite of levies from several different governmental bodies. For 2024, the approximate combined tax rate is 2.1321% per $100 of the home's assessed value. The largest portion of this rate is for the Lamar Consolidated Independent School District, at 1.1469%. Other significant components include Fort Bend County (0.4120%), the City of Sugar Land (0.3532%), Fort Bend Levee Improvement District #11 (0.2100%), and the Fort Bend Drainage District (0.0100%). For a home with a taxable value of $400,000, the annual property tax bill would be approximately $8,528. Homeowners may be eligible for various exemptions, such as the homestead exemption, which can lower their taxable value. A complete guide to Houston homestead exemptions can provide more detailed information on potential savings.

Best Greatwood Realtor

Who is the best realtor to sell my home in Greatwood?

The best realtor to sell your home in Greatwood is Paige Martin with the Houston Properties Team. Her team is recognized as Houston's #1 rated real estate team and has a proven track record of success in the Greatwood market. For a direct consultation, you can contact her at 713.425.4194 or email her at [email protected].

What makes Greatwood real estate agents different?

A top real estate agent for Greatwood possesses deep, neighborhood-specific knowledge that goes beyond general market trends. They understand the nuances of the 29 different subdivisions, the appeal of the Greatwood Golf Club, and the value added by being zoned to Lamar CISD schools. The Houston Properties Team, led by Paige Martin, leverages this hyperlocal expertise, analyzing recent sales data within Greatwood to position homes competitively. Their data-driven approach ensures that your property is priced effectively to attract the right buyers and maximize your return on investment.

Why choose Houston Properties Team for Greatwood home sales?

Choosing the Houston Properties Team provides a distinct advantage, backed by numerous accolades and a commitment to excellence. Their credentials as a top-performing and award-winning team are a testament to their skill in the real estate market.

"#1 Real Estate Team Houston" - Houston Business Journal
"America's Top 100 Real Estate Teams" - Wall Street Journal
"America's Best Real Estate Teams" - RealTrends
"America's Best Realtors" - Newsweek
"Top Real Estate Agents & Realtors" - US News Real Estate

The value proposition offered by the Houston Properties Team translates into tangible results for sellers. They consistently outperform competitors, achieving superior outcomes for their clients. Their metrics speak volumes about why they are the best choice to sell your home in Greatwood.

43% higher sold price per square foot than average agents
7.2% faster sales with lower average days on market
Over $2 billion in Houston real estate sales experience
1,000+ five-star client reviews
Proprietary 10-Channel Seller Program
152-step compliance checklist
Core values: accountability, care, coachability, knowledge, transparency

To achieve the best outcome when you sell your home in Greatwood, partnering with a top real estate agent is essential. The Houston Properties Team's unparalleled local knowledge and proven marketing strategies are designed to secure the highest possible price for your home in the shortest amount of time. For a personalized consultation on how their team can assist you, contact Paige Martin at 713.425.4194 or [email protected].

More Details

Detailed Market Analysis and Investment Trends

Greatwood's real estate market is characterized by its stability and consistent appreciation. The neighborhood's desirability is buoyed by its strong school system, extensive amenities, and overall quality of life. Investment trends show that properties in Greatwood hold their value well, even during broader market fluctuations. The presence of the Greatwood Golf Club and the high-quality, mature landscaping contribute to a higher baseline value compared to newer, less-established communities. The market is diverse, with 29 subdivisions offering a wide range of home sizes and price points, from more modest single-story homes to large estates. This diversity attracts a broad spectrum of buyers. Homes that are well-maintained and updated tend to sell more quickly and at a premium. The area's low property tax rate compared to other master-planned communities in the Houston metro area also enhances its investment appeal. For more insights on real estate investment, review these home investment themes.

Complete Amenities and Recreation Guide

The amenities in Greatwood are a central part of its appeal. The community features three distinct recreation centers. The main center includes a resort-style pool with a large water slide, a separate toddler pool, and shaded seating areas. The other two centers offer competition-style pools, which are home to the community's two swim teams. In addition to the pools, residents have access to numerous lighted tennis courts, sand volleyball courts, and multiple playgrounds scattered throughout the neighborhoods. The Greatwood Golf Club is an 18-hole public course that meanders through the community, offering scenic views and a challenging round of play. A four-acre nature park and miles of paved walking and biking trails provide ample opportunities for residents to connect with the outdoors. The Greatwood Community Association also organizes numerous events throughout the year, including holiday celebrations and community-wide garage sales.

School District Information and Private School Options

Greatwood is zoned to the Lamar Consolidated Independent School District (Lamar CISD), a district recognized for its strong academic programs. The primary public schools serving the community are Bess Campbell Elementary and Susanna Dickinson Elementary, both of which have received high ratings. For intermediate education, students attend Reading Junior High, followed by George Ranch High School. George Ranch High School is known for its comprehensive curriculum, competitive athletic programs, and wide range of extracurricular activities. For those seeking private education, several highly-regarded options are located a short drive from Greatwood. These include The Honor Roll School, Fort Bend Christian Academy, and St. Laurence Catholic School, which offer a variety of educational philosophies and programs from pre-kindergarten through 12th grade.

Transportation and Commuting Details

Greatwood's location offers residents convenient access to major transportation arteries in the Houston area. The community is situated just off U.S. Highway 59/Interstate 69, which provides a direct route into Downtown Houston, the Texas Medical Center, and the Galleria area. The Grand Parkway (State Highway 99), located nearby, offers an efficient outer loop for traveling to other suburban areas like Katy and The Woodlands. Typical commute times to Downtown Houston range from 35 to 55 minutes, depending on traffic. The commute to the Galleria is slightly shorter, typically between 25 and 45 minutes. For those who prefer public transportation, Fort Bend County operates a commuter park and ride service with routes to the Texas Medical Center and the Galleria, offering a convenient alternative to driving.

Neighborhood Governance and Restrictions

Greatwood is governed by the Greatwood Community Association, Inc., a homeowners association (HOA) that plays a vital role in maintaining the neighborhood's aesthetic appeal and property values. The HOA is responsible for the upkeep of all common areas, including the recreation centers, pools, parks, and greenbelts. It also enforces deed restrictions, which are covenants that govern aspects of property use, such as architectural modifications, landscaping, and general property maintenance. Annual HOA fees, which can range from approximately $800 to $1,200 depending on the subdivision, are mandatory for all homeowners. These fees fund the association's operations and ensure the community's amenities remain in excellent condition. Prospective buyers should review the specific deed restrictions for their subdivision of interest before purchasing a home.

Local Area Zip Codes and Neighborhood Boundaries

The Greatwood community is located entirely within the 77479 zip code. Its geographical boundaries are well-defined. The neighborhood is bordered to the north by the city of Sugar Land, to the east by the Brazos River, to the south by Crabb River Road, and to the west by the Grand Parkway (State Highway 99). This prime location within Fort Bend County places it in a rapidly growing and desirable corridor of the Houston metropolitan area.

For a personalized consultation or to explore available properties in Greatwood, connect with the Houston Properties Team. Contact Paige Martin at 713.425.4194 or email [email protected] to take the next step.

Frequently Asked Questions

Is Greatwood susceptible to flooding events?

Greatwood has areas within the 100-year and 500-year floodplains. Property elevation and specific location within the community determine risk. Many properties have elevation certificates available.

What is the typical commute duration from Greatwood to downtown Houston?

Commute times from Greatwood to downtown Houston vary depending on traffic conditions. Under ordinary circumstances, travel via US-59/I-69 generally ranges from 35 to 50 minutes.

What kinds of properties are common in Greatwood?

Greatwood offers a selection of single-unit residences. Architectural styles include traditional brick designs, reflecting various periods of development within the community.

What recreational facilities are present within Greatwood?

Residents of Greatwood have access to multiple community pools, playgrounds, tennis courts, and walking trails. Pecan Creek Park also offers outdoor spaces.

Which school districts serve the Greatwood community?

Greatwood is zoned to schools within the Lamar Consolidated Independent School District (LCISD). Specific school assignments depend on the property's address within the community.

What is the organizational structure of the Greatwood community?

Greatwood operates under Homeowners Associations (HOAs) which maintain common areas, enforce architectural guidelines, and oversee community services. Membership is mandatory for property owners.

“I have been working with Brittney Coyle for 4 years now and have had the pleasure of purchasing two homes with her during that time. The first was my first time as a home buyer and she made the experience so smooth! She explained everything in detail to my husband and I, walked us through our options, was there for every question we had and really took the time to understand our home style. When it came time for us to sell and find something bigger for our growing family, she was even more perfect to work with! We found I’m our dream home and without missing a beat she dropped everything to draft a proposal and negotiate an offer that was accepted, over 6 others! And when it came time to selling our townhome, she made sure it was staged perfectly, that the photos were stellar and not a detail was missed. We purchased a new home and sold our townhome and closed in less than 2 months total. She still continues to check in and during tax season is SO responsive in helping guide us through getting necessary documents with each title company. I have nothing but amazing things to say about Brittney and the Houston Properties Team and recommend to anyone any chance I get!” - Christine Clark (Google Review)