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Kings Crossing Village

Posted: 8 July 2008 by Nadine Huval
Zip 77345

Neighborhood Information

 Total Homes  480
 Median Size  2,306
 Median Lot Size  6,934
 Average Bedrooms  2.6
 Average Bathrooms  2.0
 Median Year Built  1990
 Zip Code  77345
 Key Map Grid  297, 367

Relocating your home search to the northeast Houston area may bring you Kings Crossing Village, one of 21 original villages of the Kingwood master planned community, located in the beautiful forested area of northeast Houston, just east of West Lake Houston Parkway, along Kingwood Drive, in the heart of Kingwood, Texas. The subdivision’s residential, retail, and reserve areas saw their primary development between 1983 and 1999, and is currently substantially built out with close to 500 homes. Although most homes were built by 1996, recent construction can still be found. Homes sizes range from 1,400 to 3,100 SF, with recent sales in 2008 generally ranging from the $120’s to $290’s and a median sales price per square foot around $86.00.

Search active listings and find a new home in this Houston metro area neighborhood of well‑kept homes and manicured lawns which define the “Livable Forest” of Kingwood’s many villages. Kingwood is a successful example of the enormous “master planned community” growth which has occurred in larger US metropolitan areas like Houston since the early 60’s. Begun in 1969 as a collaboration between legendary landowner, King Ranch, and Exxon’s Friendswood Development Company, the resulting community exists beneath the canopy of 14,000 wooded acres on the shores of Lake Houston and the San Jacinto River. Kings Crossing is convenient to all of Kingwood’s shopping areas and to Kings Crossing Town Center, a picturesque local gathering spot of commercial and retail businesses. Kings Crossing is surrounded by neighboring Kingwood villages of Bear Branch, Greentree, Fosters Mill, Hunters Ridge, Kings Forest, Kingwood Greens, Kingwood Lakes, and Sand Creek.

Kings Crossing Village is a deed-restricted community, with active community and trail associations managed by Association Management, Inc. and by Kingwood Service Association. Neighborhood documents are available to residents online at the manager’s website. Kings Crossing Village residents receive their water and sewer services from the City of Houston. Trash service in the subdivision is provided by Waste Management.

Kings Crossing Village is located in the Humble Independent School District. Neighborhood amenities include walking-distance schools, a community swimming pool, sidewalks, green reserves, and more than 74 miles of greenbelt trails in the Kingwood area. Kingwood’s East End Park and Nature Preserve, a local hiking experience, is only 5 minutes further east, where Kingwood Drive dead ends at Lake Houston. There are area houses of worship in many denominations. Area shopping, dining, and entertainment for Kingwood, Atascocita, Humble, Spring and Houston are close at hand along the Kingwood Drive, West Lake Houston, FM 1960, and Hwy 59 corridors.

Kings Crossing Village Annual Sales Information

 Year 2004 2005 2006 2007
 List Price (LP)  $168,855  $191,946  $186,027  $199,769
 Sales Price (SP)  $163,058  $184,288  $179,552  $193,634
 SP/LP Ratio  96.6%  96.0%  96.5%  96.9%
 $ | Per Square Foot  $80.26  $84.93  $87.63  $87.94
 Days On Market  70  94  56  77
 Sold Per Month  2.75  1.42  2.75  2.67

Kings Crossing Village Quarterly Sales Price Per Square Foot

Kings Crossing Quarterly Sales Price Per Square Foot June 2008

The Kings Crossing Village sales price per square foot rose 13.57% when comparing the average for the first 4 quarters (2004) with the average for the last 4 quarters (2007) for the 4 year period ending December 2007. The quarterly sales average for the four year period was 7.2 homes sold per quarter — or about 2.4 Kings Crossing Village homes sold each month.

During the 18 sales quarters ending June 2008, the highest sales price per square foot was recorded during the 1st quarter of 2008 — a high of $99.14 per square foot.

Quarterly sales numbers provide a view of seasonal variations as well as year-to-year changes in the sales price per square foot. Kings Crossing Village averages between 2 and 3 closed sales per month — the small number of sales affects the price per square foot calculation, reducing the effectiveness of the adjacent chart in illustrating price trends.

Neighborhood Market Snapshot PDF Report

Neighborhood Market Snapshot Report

For additional information on Kings Crossing Village, Kingwood Texas, 77345 active listings, market activity and price trends, check out the complete printable PDF report or request an updated report with the most current HARMLS sales information for your neighborhood.

Neighborhood Spotlight information and the Neighborhood Market Snapshot report contain MLS data which is current on the report date. However, MLS data is effected by market and economic trends, and changes frequently. Therefore, the report may not reflect current neighborhood market conditions when you view or print it. Request an updated report with the latest MLS information for Kings Crossing or for your neighborhood.

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