800-home community planned for growing area of Montgomery County
Emory Glen marks Empire's seventh development in Texas.
www.yourconroenews.com
One of the draws for us to Magnolia, aside from family in the area, was the small town feel. With all the damn development going on, it's quickly becoming the sprawling mess of a suburb that we left in lefty-land. Just heard about this new 800-home development slated to go in across 1488 from our neighborhood.
I foresee more flooding, more traffic, more crime, and higher property tax bills. I also foresee the quiet little town loosing its quiet little town charm, and turning into just another Houston suburb.
We have friends that have a plan to pull the pin and move to central Texas in a couple years to a tiny town - and honestly, at this point, we may do the same depending on our situation at that point. I grew up in the country, and get kinda claustrophobic in town. Town is growing to encompass us - at this point I wouldn't be surprised if in a year or three Magnolia pushes the city limit out and starts annexing our area. They did for the area HEB is building a new store at 1488 and 149, across from Magnolia High.
We love the area right now but the writing is on the wall. If the housing market doesnt' completely crash like 08 (I think it honestly will) and we can get what we have into this place, or better - I honestly see us selling and relocating again, to the chagrin of my wife. If we don't crash and this market keeps going up and up, hell, maybe we'll double the value. That just means to get a comparable place, we'll be paying a lot more too.
Frickin Zillow / Realtor.com estimate our place has gained $60k in value since we moved here. That's nuts. But if someone wants to get stupid and offer me half a mil, they can have everything on the property but my guns, the clothes on our backs, and the car to get us the hell out right now.