Bellaire - Meyerland - West University Edition | August 2022

REAL ESTATE

Featured Neighborhood Featured neighborhood

YEAROVERYEAR MARKET DATA: JUNE Total home sales declined in four of ve local ZIP codes in June compared to the previous year, increasing by two homes in the 77025 ZIP code. Meanwhile, the median price of homes sold declined in three of ve ZIP codes. The steepest decline was seen in the 77005 ZIP code. 77401

BRAEBURN ESTATES, 77401 Braeburn Estates, also known as the Braeburn Country Club Estates, is a community of more than 460 single-family properties within the city of Bellaire. Bellaire High School can be found at the community’s southeast corner near South Rice Avenue.

59

77005

Median home value $1,515,000

610

77030

EVERGREEN ST.

77025

77096

288

Homes on the market* 4 Homes under contract* 1

90

NUMBER OF HOMES SOLD 77005 77025

N

BEECHNUT ST.

N

77030

77096

77401

2021 2022 Year

52

41

9

50

36

Build-out year: 1994 Median square footage: 4,950

33

43

4

33

28

Average days on the market* 280 Median annual property taxes** $33,740 Median price per square foot $294

Schools: Lovett Elementary School, Pershing Middle School, Bellaire High School Property taxes (in dollars): Houston ISD 1.0944 City of Bellaire 0.44730 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) 2.2271

MEDIAN PRICE OF HOMES SOLD

WITH YEAROVERYEAR PERCENTAGE CHANGE

2021

2022

77005

77025

77030

77096

77401

Sale price

$1.8M

$1.5M

+3.7%

$1.2M

*AS OF JULY 1 **BASED ON MEDIAN PRICE OF HOMES SOLD IN PAST YEAR; EXEMPTIONS NOT INCLUDED

14.4%

$900K

+14.8%

$600K

9.3%

NEIGHBORHOOD DATA PROVIDED BY KIRSTEN ABNEY BETTER HOMES AND GARDENS REAL ESTATE GARY GREENE • 7132088307 WEST GRAY OFFICE • 1705 W. GRAY ST., STE. 200, HOUSTON, TX 77019 BELLAIRE OFFICE • 5909 W. LOOP S., STE. 630, BELLAIRE, TX 77401

$300K

5%

$0

Recently sold homes in Braeburn Estates

807 Atwell St.

2,033 sq. ft.

5604 S. Whitehaven St.

1,449 sq. ft.

802 Atwell St.

1,775 sq. ft.

5415 Braeburn Drive

3,697 sq. ft.

3 beds/2.5 baths Sold for $482,001-$552,000 on June 30

3 beds/2 baths Sold for $482,001-$552,000 on June 24

3 beds/2 baths Sold for $552,001-$627,000 on June 6

4 beds/2.5 baths Sold for $947,001-$1,080,000 on June 3

PREMIUM CONDOS PRE-SELLING NOW

MimosaTerrace.com RIVER OAKS

2240 MIMOSA DR. | HOUSTON | 77019

HEIGHTS

HEIGHTS

713.208.8307 kirsten.abney@garygreene.com WESTBURY 5111 BRIARBEND DR. | $599,900 713.234.5833 | MimosaTerrace.com Starting at $1.6+ million ©2022 Better Homes and Gardens Real Estate LLC. Better Homes and Gardens ® is a registered trademark of Meredith Corporation licensed to Better Homes and Gardens Real Estate LLC. Equal Opportunity Company. Equal Housing Opportunity. Each Franchise is Independently Owned and Operated.

1227 WAVERLY $1,000,000 LARCHMONT 5502 SCHUMACHER LN. | SOLD

RICE MILITARY 305 SNOVER ST. | $579,000

834 LAWRENCE SOLD

In Luxury Real Estate, Expertise Matters.

KIRSTEN ABNEY

19

BELLAIRE  MEYERLAND  WEST UNIVERSITY EDITION • AUGUST 2022

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