REAL ESTATE
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YEAR OVER YEAR MARKET DATA: JULY The total number of homes sold was down in all ve local ZIP codes in July when compared to July 2021. However, the median price of homes sold rose in four of ve ZIP codes when comparing those two months.
RICE COURT, 77005 Rice Court is a community of 350 single-family homes within the city limits of West University Place. The retail hub Rice Village and Rice University are just to the east of the neighborhood.
59
77005
77401
Median home value $1,451,000
WAKEFOREST ST.
610
77030
77025
77096
RICE BLVD.
288
Homes on the market* 3 Homes under contract* 0
90
NUMBER OF HOMES SOLD 77005 77025
N
UNIVERSITY BLVD.
N
77030
77096
77401
2021 2022 Year
39
40
17
45
33
Build-out year: 1942 Median square footage: 2,950 Schools: West University Elementary School, Pershing Middle School, Lamar High School Property taxes (in dollars): Houston ISD 1.0944 City of West University Place 0.27852 Harris County 0.37693 Harris Health System 0.16221 Houston Community College 0.09909 HC Flood Control District 0.03349 Port of Houston Authority 0.00872 HC Department of Education 0.00499 Total (per $100 valuation) 2.05835
19
22
7
26
22
Average days on the market* 61 Median annual property taxes** $29,867 Median price per square foot $423
MEDIAN PRICE OF HOMES SOLD
WITH YEAR OVER YEAR PERCENTAGE CHANGE
2021
2022
77005
77025
77030
77096
77401
Sale price
$1.8M
$1.5M
+10.7%
$1.2M
*AS OF AUG. 1 **BASED ON MEDIAN PRICE OF HOMES SOLD IN PAST YEAR; EXEMPTIONS NOT INCLUDED
+49.6%
$900K
+17.1%
$600K
7.6%
NEIGHBORHOOD DATA PROVIDED BY KIRSTEN ABNEY BETTER HOMES AND GARDENS REAL ESTATE GARY GREENE • 713 208 8307 WEST GRAY OFFICE • 1705 W. GRAY ST., STE. 200, HOUSTON, TX 77019 BELLAIRE OFFICE • 5909 W. LOOP S., STE. 630, BELLAIRE, TX 77401
$300K
+16%
$0
Recently sold homes in Rice Court
3119 Plumb St.
2,499 sq. ft.
2804 University Blvd.
6,245 sq. ft.
2803 Amherst St.
5,079 sq. ft.
2905 Amherst St.
4,180 sq. ft.
4 beds/2.5 baths Sold for $1,080,001-$1,240,000 on Aug. 4
4 beds/4 full, 2 half baths Sold for $2,880,001-$3,320,000 on July 20
5 beds/5.5 baths Sold for $2,180,001-$2,500,000 on July 19
5 beds/4.5 baths Sold for $1,430,001-$1,640,000 on July 13
MAPLEWOOD SOUTH 6102 LYMBAR | $435,000
WESTBURY 5111 BRIARBEND DR | PENDING
RICE MILITARY 1809 RADCLIFFE | $399,000 713.208.8307 kirsten.abney@garygreene.com
KIRSTEN ABNEY
In Luxury Real Estate, Expertise Matters.
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19
BELLAIRE MEYERLAND WEST UNIVERSITY EDITION • SEPTEMBER 2022
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