The Inner Loop
Inner Loop area comprises the cities of Bellaire and West University, as
well as those parts of Houston located inside Loop 610. The area is a mixture
of historical landmarks, museums, arts, sports arenas (Astrodome, Compaq
Center), medical facilities (The Medical Center), fine restaurants, and
first-class shopping. (The Galleria shopping center complex is located
just outside the loop on Westheimer.)
The Inner Loop area combines
older homes with new construction. Many of the older homes are purchased
strictly for their lots and location, and are being replaced with new homes
ranging from 2,000 to 8,000 square feet. Most of the new homes in this
area start around $300,000, and can go into the seven figures. Resale housing
is also available but demand is high in what is currently a seller's market.
Many older homes are about 1,500 square feet and have only two bedrooms,
a den, a kitchen and a detached, one-car garage. These homes generally
start at about $150,000. The trade-off, however, is the charm of the older
neighborhoods and easier access to Houston's best attractions. There are
several areas that you may want to take a look at in the Inner Loop area
such as DOWNTOWN, THE HEIGHTS, MONTROSE, RIVER OAKS, THE MEDICAL CENTER,
WEST UNIVERSITY and BELLAIRE
is becoming more attractive to Houstonians as a place to live. Approximately
2,000 downtown residences exist in such locales as Beaconsfield, Hermann
Lofts, White Oak Lofts, Dakota Lofts, Four Seassons Place, Hogg Palace,
Houston House and 2016 Main. Prices range from $90,000 to $750,000. Residential
development is booming and in 1998 alone over 1,000+ new residential units
became available. Since Houston is one of only four cities in the country
with resident companies in all four performing arts - ballet, opera, theater
and symphony-and the theater district is located downtown, residents of
this neighborhood have easy access to some of the nation's premier performances.
Heights is located just north of Buffalo Bayou and east of Shepherd Drive.
The Heights is recognized for it's turn-of-the century Victorian homes.
Founded more than a century ago, the community has experienced revitalization
and recaptured some of it's old charm. Because of it's proximity to downtown,
the Heights has become an attractive neighborhood for young professionals
who want a short commute. Due to the increased demand, Heights' homes can
command $75,000 to $350,000 for a single family home.
Montrose area is bordered by Highway 59(south) and Shepherd Drive(west)
and brushes up to downtown Houston. The Muzeum District is located in the
southern part of Montrose where many restaurants, boutiques and small galleries
maintain the unique flavor of this part of the city. Homes built here in
the 20th century still stand and so the area is characterized by two-bedroom,
brick bungalows as well as two story brick homes. Single family homes range
from $125,000 to $350,000 while townhomes will start at $75,000 and go
over $250,000. Montrose residents enjoy the art district as well as easy
access to downtown.
Oaks is the "crown jewel" of Houston and was established by Will and Mike
Hogg, the sons of former Texas Governor James Hogg. This exclusive neighborhood
of about 1,600 residents reside in homes that start near $400,000 and can
go into the millions. You won't find any for sale signs in River Oaks because
they're prohibited - so contact your Realtor. River Oaks residents enjoy
easy access to the Southwest Freeway and the added attractions of the Galleria,
the Musuem District and the Compaq Center.
THE MEDICAL CENTER
Texas Medical Center collectively make-up the city's largest employer with
over 51,000 local citizens working in over 42 institutions. The Medical
Center area is attractive to alot of people who enjoy the convenience to
The Medical Center, Rice University, The Museum District, the Astrodome,
downtown and the Galleria. There is an enormous range of housing costs
depending on the neighborhoods. Many neighborhoods you may want to check
out are University Place, Southhampton, Southgate, Old Braeswood and Morningside
Place. Boulevard Oaks was formed by a group of small neighborhoods: South
Hampton, Vassar Place and North & South Boulevard. This area is know
for it's abundance of oak trees.
city of West University was developed by former Tennesse Gov. Ben Hooper
in 1917. The neighborhoods proximity to Rice Institute inspired it's name.
About 13,000 residents live in this city that spans 1,248 residential acres
and nearly 20 acres of commerical property. Due to the high demand for
homes in this area - vacant home lots are difficult to find. You will find
many older homes in the process of being razed and replaced with new, multi-story
Georgian-style homes. West University homes range from $150,000 to $750,000+.
is another city that was engulfed by the city of Houston. Like West University
- it has the old charm of an inner city neighborhood with lots of tree
lined streets and sidewalks that make it's real estate quite valuable.
Pre-owned homes start from $150,000 and can go up to a million. Housing
variety in Bellaire ranges from 1950's style homes, 2 bedroom, 1 bath,
1 car garage or about 1,000 square feet and up. Like West University -
Bellaire is also experiencing a renovation with many of these older homes
razed in favor of new multi-story homes.