Rice Military

Where to live in Houston from $300k to $500k

By mark on Feb 10th, 2012

The Houston Neighborhoods in this price range offer a good mix of lifestyle and housing options. You will find urban and residential options that are close to all of Houston’s hot spots. Since we focus on Houston’s near-town neighborhoods, we’ll take a look at the best options in this area.

Montrose

Montrose is an eclectic urban neighborhood that was recently recognized as one of the Ten Best Neighborhoods in the country by the American Planning Association. The street grid lends itself to being very walkable to the diverse mix of retail and entertainment options along Montrose Blvd and Westheimer. Lower Westheimer in particular is experiencing a rebirth with several new restaurants that have opened recently or are under construction. These include El Real, Uchi, and Underbelly. The location offers easy access to all the major business districts including Downtown, The Texas Medical Center, Greenway, and the Galleria.

Housing options in this price range are as diverse as the residents and include stately restored homes, classic bungalows, new construction townhomes, and mid-rise condos. This price range is a starting point for homes in this neighborhood as prices for prime real estate can easily reach the $1million mark.

Rice Military & Washington Corridor

Rice Military and the Washington Corridor is one the most popular neighborhoods for young professionals. Its close proximity to Memorial Park makes it the perfect option for those who enjoy the outdoors and the excellent jogging trails. Entertainment options along Washington Avenue are diverse and numerous. Some of our favorites include El Tiempo, Max’s Wine Dive, and Star Pizza. The central location also offers easy access to the major business districts.

The predominant housing option in Rice Military is new construction, recent-build townhomes and patio homes. Towards the middle and higher end of this price range, you can find many free-standing units with small yards. Home builders continue to find land to develop and home buyers continue to gobble up the new construction as they build it.

Museum Park

Museum Park has a special place in our heart because it’s home to our office. This neighborhood is centrally located between two of the largest business districts in the state of Texas, Downtown Houston and the Texas Medical Center. Folks that love the outdoors love this neighborhood because it’s walking distance to Hermann Park and the Houston Zoo. If it’s culture that you’re looking for, you’ll find 13 museums including the Museum of Fine Arts, Museum of Natural Science, and the Children’s Museum. Entertainment options in the Montrose area and Rice Village are close by as well.

Housing options are very diverse in this neighborhood. You’ll find some original stately homes, recent-build townhomes, modern new construction, and high-rise condos. Speaking of modern design, Museum Park is home to the highest density of this architectural style in Houston.

Houston Heights

Houston Heights is one of the more hip and kid-friendly neighborhoods in Houston. Entertainment and shopping options are plentiful along the Historic Heights Shopping District on 19^th Street. Outdoor enthusiasts will be at home in the Heights at the hike and bike trail along Nicholson and the jogging trail on Heights Blvd. Families flock to the Heights for its quiet residential lifestyle.

You will find updated bungalows, recent-build patio homes, and stately historic homes in this great neighborhood. Some sections of the Heights are designated historic districts which helps retain the original look and feel of the neighborhood. This price range is just a starting point for homes in this area with many properties priced above the $500k mark.

Timbergrove Manor & Lazybrook

Timbergrove Manor and Lazybrook are two neighborhoods that border one another and offer the same lifestyle and housing options. Young professionals and new families love these neighborhoods for the large lot sizes and kid-friendly atmosphere. The two neighborhood parks, Jaycee Park and 11^th Street Park, are a nice urban oasis. Entertainment options in the Heights are just a short drive away and many new dining options in nearby Shady Acres have opened recently.

This area was developed in the late 50s and early 60s so you’ll primarily find single story ranch style homes. Most of them will have lot sizes over 7,000 SF which is great for kids and pets. The homes in this price range will have lots of updates and some may even have master-suite additions.

Mark Brawley

Mark is a real estate broker serving Houston's close-in neighborhoods. Read what Mark's clients have to say about his service at Zillow.com. Connect with Mark on Google+ or contact him at mark@norhillrealty.com or on his mobile at 281-650-3384.

Rice Military Market Update – July 2011

By Vincent Biondillo on Aug 10th, 2011

Below you will find the most recent data on home sales and prices for the neighborhoods near the Washington Corridor in Houston, Texas, including Rice Military, Sawyer Heights, Cottage Grove, and Hogan’s Landing. If you are interested in receiving monthly Houston and Washington Corridor news updates, then sign up for our RSS feed to receive instant updates. Or email us at info@norhillrealty.com.

Homes Sold

79 homes sold in the Washington Corridor in the month of July, 41 detached homes and 38 townhomes/condos. This is way up from last July, which only saw 47 total sales. 23 of the properties sold last month were new construction, which is up from the 12 new construction sales posted in July 2010. Last year’s July sales were not doubt lower than normal with the expiration of the Homebuyer Credit in May 2010.

Active Listings

There are 473 properties currently on the market, 291 detached homes and 182 townhomes/condos. In July, 87 new listings came on the market and 105 sellers reduced the list price of their home.

Home Prices

Over the past 12 months, the median sales price for detached properties has risen 1.9% to $294,900 from the same period last year. Townhouses/Condominiums median prices rose 2% to $275,000, and detached homes rose 0.82% to $320,000.

The Washington Corridor is the new place to live and play in the city of Houston. Some of the trendiest bars, bistros, and gastro-pubs make the West End their home. The residents of this area love the close proximity to Memorial Park, Downtown, and the Galleria. This area has seen a lot of residential and retail development over the past 10 years and this trend continue.

Vincent Biondillo

Vincent is a third-generation Houstonian. Like his father and grandfather, Vincent was born at Saint Joseph’s Hospital in downtown Houston. He grew up on the north side in the neighborhoods of Inwood Forest and Champions. A love for the city and a passion for the world-renowned business school led him to receive a degree in marketing from the University of Houston. An opportunity to talk to newcomers, homebuyers, and home sellers about the city he has always called home is what drew Vincent to the Real Estate business in 2004. Talking with his clients about Houston’s rich history and its promising future is one of Vincent’s favorite parts of the business. For each and every client, Vincent is committed to delivering honest advice and providing exceptional service. Vincent is a licensed Realtor and Mortgage Broker. He is a Certified Negotiation Expert and is a member of the Petroleum Club of Houston and the Univeristy of Houston Bauer Alumni Association. Vincent enjoys spending time with his wife, Ronda, and his young son, David. You might also find him cheering on his beloved Houston Cougars at Robertson Stadium or Hofheinz Pavilion.