Clay Lee
Broker/Realtor®
Read my blog below
Pebble Creek & Indian Lakes: The Best Luxury Markets in College Station, TX
July 2nd, 2008 Categories: Buying Real Estate, Market Trends, Pebble Creek, Selling Real Estate
College Station has luxury homes located in many different areas, but for the past few years and seemingly for many more to come, the best areas to buy or build in are Pebble Creek and Indian Lakes. These are two very different communities from each other; however, they have the smallest number of days on the market and the best appreciation in town. Why is this?
Pebble Creek is the only golf course and country club community located in the confines of the College Station Independent School District. While Bryan has 4 of these communities, College Station only has one. With the current atmosphere of development in the city of College Station and the lack of readily available land to develop, this community is set to be a safe bet for many years to come. Clients love that it has its very own Elementary School, extensive walking trails, lots of quiet cul-de-sacs, and a state of the art club house with a large pool, tennis courts, a bar, banquet and meeting facilities, and a couple of great restaurants. Houses in Pebble Creek range in price from $170,000 to home in excess of $1 million. They have everything from patio homes to large golf-course front estates. There truly is something for everyone. The developer has done a great job over the years of releasing just a few lots at any one time as to not flood the market with new homes. This has kept prices up and made the market extremely stable. The best deals are the homes that are at least 10 years old as they are aging and need to be updated. However, there are amazing new homes like my listing at 5203 Whistling Straits that was designed by the noted Aggie artist, Benjamin Knox. It’s almost 5,000 square feet at the end of a quiet cul-de-sac. It’s priced at $1.1 million and has all the latest technologies and design elements.
Indian Lakes is also a booming community that seems to really do a good job of mainting it’s value with a steady appreciation. Prices here range from $275,000 to over $1 million dollars. Texas A&M’s new head football coach, Mike Sherman, just purchased a resale home here for around $1.7 million on 10 acres. You can find gated patio homes here as well as medium to large estate homes. It’s a unique neighborhood with some state of the art ecological features, miles of horse riding and biking trails, tennis courts, a community resort style pool, and an enormous lake. Prices here are all over the board and usually based on lot size and the view. The lots on the lake can sell for as much as $500,000! Most of the homes are in the $500,000 to $700,000 range and sit on 1.5-3 acres. There are tons of trees on most lots which really add to the privacy. The best part about this neighborhood is the fact that it has hundreds of acres of nature preserves and buffer areas. This really keeps the neighborhood looking like a true country setting, but you are literally only minutes from all the amenities you need. Again, it will be hard to have a neighborhood that can replace this one. Assembling this one and getting it developed took almost a decade. It will take that long or longer before it could even be thought about being done again. You’d also have to find the land which would be very hard to find and costly if it could be found.
There are lots of other great and unique neighborhoods in College Station, but if you truly want the best long term resale value and appreciation, your safest bets are Pebble Creek and Indian Lakes.
As always, for more information on living your Luxury Lifestyle and buying or selling Luxury Real Estate, email me at rclaylee@yahoo.com.
College Station #1 Luxury Lifestyle and Real Estate Expert for over a decade!
