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Spanish Cove

Posted: 27 June 2007 by John Huval
Zip 77532

Neighborhood Information

 Total Homes  176
 Median Size  2,080
 Median Lot Size  46,904
 Average Bedrooms  3.2
 Average Bathrooms  2.0
 Median Year Built  1987
 Zip Code  77532
 Key Map Grids  338, 339

Spanish Cove subdivision is located on the east shore of Lake Houston, south of FM 1960 and west of FM 2100. Piney woods, typical of NE Houston, decorate large homesites and lake front properties. Established in the early 70’s, the subdivision features homes ranging from the $140’s to $340’s and some recent construction has completed since 2000. Vacant home sites can still be found among the more than 300 residential lots. Spanish Cove is close to the neighboring subdivisions of Covecrest, Indian Shores, Happy Hide A Way, Lakeside Manor, Saddle Creek Farms, and Shorewood.

Spanish Cove is a deed-restricted community managed by its own homeowner’s association. Neighborhood documents are available on file at the Harris County Real Property Records.

Spanish Cove residents are zoned to Huffman ISD Schools.Neighborhood amenities include a private neighborhood boat ramp with access to Lake Houston, deed restrictions which allow horses, and a community park area with picnic tables and barbecue pits. Shopping, dining, and entertainment are close at hand in Crosby, Texas. Across Lake Houston to the west are Atascocita, Humble, and Kingwood areas along FM 1960, West Lake Houston Parkway and the Highway 59 corridor.

Spanish Cove Annual Sales Information

 Year 2004 2005 2006
 List Price (LP)  $214,460  $203,675  $252,557
 Sales Price (SP)  $208,305  $194,703  $242,554
 SP/LP Ratio  97.13%  95.59%  96.04%
 Avg SP/SqFt  $88.23  $94.33  $108.09
 Days On Market  73  119  88
 Sold Per Month  0.83  0.67  1.17

Spanish Cove Quarterly Sales Price Per Square Foot

Spanish Cove Crosby Texas 77532 Sale Price Per Square Foot 062007

During the last 12 quarters ending December 2006, the median sales price per square foot increased 34% from $76.53 to $102.44 per square foot.

During the past three sales years, the highest median per square foot price was recorded during the 1st quarter of 2006 — a high of $122.45 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. Spanish Cove averages about 1 closed sale 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 Spanish Cove, Crosby Texas, 77532 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 Spanish Cove or for your neighborhood.

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