KLEIN ORCHARD
PROJECT NAME
Klein Orchard
LOCATION
Northwest Houston / Harris County
MARKET SEGMENT
Single Family Homes
VALUATION
Approximately $63 million
NUMBER OF UNITS
252 lots over 5 sections
CURRENT STATUS
172 lots delivered as of 2020. 80 lots to be delivered in 2021.
VALUATION
Approximately $66 million
A GROWING COMMUNITY
The Klein Orchard subdivision is a multi-phase traditional single family home development, offering detached homes of high quality that are lacking in the immediate market area and thus are in high demand. Composed primarily of 40’ lots, this mode of development offers a high yield density for suburban development, while still affording the size of homes expected by the market. Homes in Klein Orchard will range in size from 1400 – 2700 square feet, and are being built by Coventry Homes and Highland Homes.
SETTING A NEW STANDARD
Klein Orchard will complete development of Raj Development corporation’s single family home subdivisions within MUD 180 by the end of 2021. Development of this neighborhood has provided the highest value both in terms of land valuation and home prices per square foot setting a new benchmark for appraisal of related parcels and future developments, while adding value in the density of population and demographics.
