Riverstone tops 2014 home-selling list in Texas
When Kunal Seth and his wife started looking for a community where they could raise a family about 1½ years ago, Riverstone was one of the first they visited.
“Riverstone is known for some of the best schools in the Houston area,” said Seth, adding that he and his wife were struck by welcoming feel of the master-planned community and its amenities.
Seth, who went on to make Riverstone home, now speaks from experience when he helps sell homes there as part of the RE/MAX Seth Brothers Team. Last year, he was named the top-selling Realtor in Riverstone.
“We stand behind what we say about Riverstone,” he said. “That’s very compelling among homebuyers.”
Riverstone’s hometown feel, its location and its many amenities definitely have been striking a chord with buyers in recent years, said Trey Reichert, Riverstone’s vice president and general manager.
For the second consecutive year, Riverstone was named the top-selling community in Texas in 2014 and No. 4 in home sales in the nation. The community sold 719 new homes that year.
That trend seems to be continuing in 2015. Builders sold more than 120 homes during the first 11 weeks of the year and opened 11 new model homes in late March.
“Timing is definitely in our favor,” Reichert said. “Not many communities are still selling with a Sugar Land address in Fort Bend County.
“You have great schools and access to the Fort Bend Parkway Toll Road and Texas 288. A lot of communities around us are pretty much sold out.”
Riverstone, which spans 3,700 acres, is bounded roughly by Texas 6 to the north and the Brazos River to the south between First Colony and Sienna Plantation. Homeowners have Sugar Land or Missouri City addresses.
Since 2001, when its first house was bought, Riverstone has surpassed more than 4,100 in home sales. It will hold more than 6,000 homes when it’s complete.
Home prices range from the $300,000s to more than $1 million. In addition to single-family homes, buyers have the option of townhomes, patio homes and garden homes.
Johnson Development Corp. designed Riverstone to be a community within a natural setting with ample lakes, parks and hike-and-bike trails.
The community has three recreation centers. The largest, The Club at Riverstone, is 9,000 square feet with a clubhouse, eight tennis courts, a large pool with two slides and a large park with a 100-foot zip line.
Riverstone, is served by Austin Parkway, Commonwealth and Settlers Way elementary schools; First Colony and Fort Settlement middle schools; and Elkins High School. Private schools also serve the community.
Fort Bend Independent School District plans to open a new elementary school within Riverstone in August 2016.
Seth estimates that 50 percent of Riverstone’s residents have children. Not only do they value the quality schools, he said, they appreciate the many options in home styles and prices and the many playgrounds and recreational opportunities for their families.
“Another reason people want to buy in this area is it’s extremely diverse,” Seth said. “At the school bus stops, you’ll see all ethnicities represented.
“Fort Bend is one of the most diverse counties in the country, and Riverstone is a true reflection of Fort Bend County.”