A Brief  History of Fountain Lake
The neighborhood of Fountain Lake was originally developed in the mid 1980's.  It catered to Houston's elite, offering an upscale vacation property for Doctors, Lawyers, and other professionals to get away from the hustle of Houston. Units sold upwards of $120,000 in the mid-1980s.   The developer completed 31 units in the "Lower reserve",  and there were plans to add another 30+ units on the "Upper Reserve".  But the Oil Bust hurt sales and the developer began having financial problems in the late 1980s.   After the developer went bankrupt, the neighborhood fell into disrepair,  and many of the owners walked away from their properties.  The subdivision became part of the  "Resolution Trust Corporation" (RTC) bail-out,  and the empty, decaying units were sold at a fraction of their original value.  

In the early 1990's,  Fountain Lake Homeowner's Association was virtually broke,  the common facilities were in disrepair, the pools were a sickly green color,   and the grounds were overgrown with weeds.   The future of Fountain Lake looked bleak.   But there was a wild card.  The new generation of homeowners took it upon themselves to begin the restoration of Fountain Lake.   After several years of hard work, and a can-do spirit with almost everyone pitching in to help,  the subdivision began it's return.   Volunteer labor for the routine tasks allowed FLRA to use funds for major restoration projects like refinishing the pools, and replacing the eroding boardwalk with a 900+ foot bulkhead.  Additional slips were added to the north pier to allow all units to have a place to park their boats.  

The hard work paid off.  Property values doubled and tripled from the lows,  and the subdivision became a sought after location on the lake.

In the last couple of years,  a new generation of homeowners have renewed the restoration efforts,  and have set a vision to restore Fountain Lake to the exclusive, upscale community that was envisioned by the developer.  The enthusiasm and positive attitude of our residents will insure that goal is achieved. 

Tom Broughton