SterlingResidential.com | Buying & Selling Residential Properties in Texas | Houses for Rent Houston Area | Humble Atascocita Kingwood & Spring Texas Realtors | Sterling Residential®, Realtors® | Real Estate Broker: Newport

Neighborhood Information

Total Homes	2,393
Median Size	1,886
Median Lot Size	10,043
Average Bedrooms	3.2
Average Bathrooms	2 – 0
Median Year Built	1981
Zip Code	77532
Key Map Grids	379, 418
	419

The subdivision of Newport, situated on the SE shore of Lake Houston in the Houston suburb of Crosby, Texas, was established in the early 1970’s. Newport has continually grown over the past 30 years. Growth spurts in recent years have added new sections to the main subdivision and additional developments of Newport Country Club Estates, Country Club Villas of Newport, and the Oaks at Newport. All together, these Newport subdivisions encompass more than 2,500 homes. New and recent construction homes from local builders, including K.Hovnanian, Brighton Homes, Cambridge, Carlisle, Kara Custom Homes, Meritage, Kendall, and Legacy Homes, are available in sizes from 1,400 to 3,900 square feet, with prices ranging from the $130’s to $230’s.

Built among beautiful piney woods typical of the NE Houston metropolitan area, the main subdivision of Newport is located off FM 2100 (Crosby-Huffman Road) and Diamondhead Boulevard, North and South. Existing home sizes range from 1,100 square feet to over 5,000 square feet. Estate-size homes can be found in the Newport Country Club Estates. Resale prices for 2007 in the main subdivision of Newport ranged from $40,000 to the $330’s. Neighboring subdivisions include Patiowoods, Deerpoint, Martinez Place, and homes in the town of Crosby.

The quaint community of nearby Crosby offers area houses of worship, shopping, dining, and entertainment to the local residents. Crosby, Texas, named for railroad construction engineer G.J. Crosby, built up in the late 1800’s as a center for transporting lumber and agricultural products between the San Jacinto River and Cedar Bayou. The area is rich with folklore, legends, and tall tales.

Newport subdivision is a deed‑restricted community. The New Property Owners Association of Newport is professionally managed by Houston Community Management Services, Inc. Neighborhood documents are available online to registered property owners. The subdivision is located within the Newport MUD water district, which also provides the community’s trash service through Republic Waste.

Newport is located in the Crosby Independent School District. Neighborhood amenities include the Newport Golf Club and Conference Center, offering a public 18-hole wooded course, tennis courts and swimming pools. The Newport “Torpedoes” Swim Team is one of the many sports groups located in the area. For a small annual fee, residents enjoy private Lake Houston and river access for boating and recreation. Horse stables, storage facilities, and the nearby parks, sports facilities, and community centers in Crosby round out the numerous options available to residents.

Newport Annual Sales Information

Year	2005	2006	2007
List Price (LP)	$118,442	$128,977	$127,450
Sales Price (SP)	$116,811	$126,776	$124,746
SP/LP Ratio	98.60%	98.30%	97.90%
Avg SP/SqFt	$60.58	$62.84	$63.39
Days On Market	98	84	85
Sold Per Month	13.3	18.0	16.6

Newport Quarterly Sales Price Per Square Foot

During the last 12 quarters ending December 2007, the median sales price per square foot increased from $59.22 to $64.20 per square foot, a 8.4% increase.

During the past three sales years, the highest median per square foot price was recorded during the 3rd quarter of 2007 — a high of $68.95 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. Newport continues to grow, adding several hundred new single family homes during the last 5 years. Newport homes are within the price range of homeowners most effected by the ongoing mortgage crisis and foreclosure activity; however, median per-square-foot prices during the past 3-year period have remained relatively stable.

Neighborhood Market Snapshot PDF Report

For additional information on Newport, 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 neighborhood information for Newport or for your neighborhood.