Bellaire - Meyerland - West University Edition | June 2022

REAL ESTATE

Featured Neighborhood Featured neighborhood

YEAROVERYEAR MARKET DATA: APRIL The total median price of homes sold was higher in April 2022 in four of ve local ZIP codes when compared to the previous year. The total number of 77401

BRAES VIEW TERRACE, 77096 Braes View Terrace is a community of just under 130 single-family homes in southwest Houston, immediately south of the city of Bellaire and west of Meyerland. The nearby Gail Reeves Park can be found adjacent to Herod Elementary School.

59

77005

homes sold also increased year over year in the ZIP codes covering the Meyerland and Braeswood areas.

Homes on the market* 3 Median home value $367,400 Homes under contract* 0

610

77030

MAPLE ST.

77025

77096

288

90

NUMBER OF HOMES SOLD 77005 77025

N

BEECHNUT ST.

N

77030

77096

77401

2021 2022 Year

40

25

13

55

41

Build-out year: 1959 Median square footage: 1,935

31

39

6

70

36

Average days on the market* 50 Median annual property taxes** $8,563 Median price per square foot $187

Schools: Herod Elementary School, Fondren Middle School, Bellaire High School Property taxes (in dollars): Houston ISD 1.0944 City of Houston 0.55083 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) 2.33066

MEDIAN PRICE OF HOMES SOLD

WITH YEAROVERYEAR PERCENTAGE CHANGE

2021

2022

77005

77025

77030

77096

77401

Sale price

$1.8M

$1.5M

+11%

18.2%

$1.2M

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

+27.4%

$900K

+17.9%

+12.1%

$600K

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

$0

Recently sold homes in Braes View Terrace

5402 Indigo St.

2,032 sq. ft.

5431 Darnell St.

1,842 sq. ft.

5415 Beechnut St.

2,001 sq. ft.

5407 Edith St.

1,794 sq. ft.

3 beds/2 baths Sold for $370,001-$420,000 on May 20

3 beds/2 baths Sold for $370,001-$420,000 on April 1

3 beds/2 baths Sold for $325,001-$370,000 on Dec. 23

3 beds/2 baths Sold for $325,001-$370,000 on Aug. 11

PREMIUM CONDOS PRE-SELLING NOW

MimosaTerrace.com RIVER OAKS

2240 MIMOSA DR. | HOUSTON | 77019

HEIGHTS

HEIGHTS

713.208.8307 kirsten.abney@garygreene.com RICE | MUSEUM DISTRICT 1609 PROSPECT ST. | SOLD 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. | $1,339,000

MONTROSE 304 SUL ROSS ST. | PENDING

834 LAWRENCE SOLD

In Luxury Real Estate, Expertise Matters.

KIRSTEN ABNEY

24

COMMUNITY IMPACT NEWSPAPER • COMMUNITYIMPACT.COM

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