Weston Lakes is an upscale, gated community situated some 30 miles west of Houston nestled among the gently rolling hills and stately old pecan trees. The approximate price range of homes in Weston is $275,000 to over $1 million. Weston lakes’ most distinguishing characteristics are its 24-hour guarded security gate, the Weston Lakes Country Club, with an 18-hole golf course designed by U.S. Open Champion Hale Irwin and a series of serene lakes that flow through the community. In 1994 Sierra Golf Corporation (an affiliated entity) acquired the Weston Lake community, then consisting of 262 developed lots, approximately 550 undeveloped acres, and 18-hole championship golf course, and a 14,000 square foot English-style clubhouse with amenities. Since acquiring the property, Sierra has been successful in selling the 262 developed lots as well as approximately 427 undeveloped acres. Approximately 98 acres were sold to a related entity for the development of Oxbow Island Estates. At completion, Oxbow Island will consist of 107 lots, including 46 waterfront lots on Oxbow Lake and 61 wooded estate lots.
- Location: Fulshear, Texas
- Asset Type: Land to master-planned community
- Acquisition Date: 1994