Hello BBBB Friends:
It was a bonanza for new listings in the Heights this week; I expect inventory will increase as sellers rush to maximize their equity and beat rising interest rates. I am featuring five new listings this week, but be sure to keep scrolling down for price improvements, new contracts, and final sales for those homes that are Still on My List.
FUN FACTS ABOUT INTEREST RATES
Interest rates are rising but are still historically low.
- A 1% increase in interest rate decreases home values by 13%* 😲 (Source: Investopedia)
- Interest rates (Source: FreddieMac, average 30-yr fixed)
- Current rate- 5.1%
- 2020- 3.1%
- 2006- 6.4% (before the Great Recession)
- 1996- 7.8%
- 1986- 10.2%
- Fed chief Jerome Powell has hinted at a full 1/2 percent interest rate hike in May.
REMINDER-THE DEADLINE TO FILE FOR A PROPERTY TAX EXEMPTION IS APRIL 30
Have a great week and,
Let’s go look at houses or talk about selling yours!!!
Becky
—
Information About Brokerage Services
TREC Consumer Protection Notice
Becky Davis
Compass Realty
832-628-8221
Thinking of selling? We can front the cost for painting, landscaping, upgrades, and more. No fees or interest, EVER! Click here for more information.Â
*Note: For purposes of BBBB, the “Heights” is defined as the area between I-10 and Loop 610 N and between Shepherd and I-45).
The Week’s Featured Properties
1017 Robbie: $650,000
- Stude (South of Sunset Heights/West of Brooke Smith)
- Craftsman bungalow c. 1928
- 3/2, 1806 sq ft on 5000 sq ft lot
- Beautifully renovated/expanded 2019
- Office with sliding glass doors onto the deck
- Back porch with pergola
- Landscaped back yard with artificial turf
- Driveway access with auto-gate to 1-car attached garage
- Zoned to Field Elementary
This is my cutie-patootie pick of the week. Lovely curb appeal and move-in ready. Low maintenance back yard.
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723 Key: $949,000
- Norhill Historic District
- Craftsman bungalow c. 1920
- 3/2, 1963 sq ft on 5616 sq ft lot
- Renovated in 2015
- Primary bedroom up, two secondary bedrooms down
- Additional sitting area up
- Quarter-sawn oak mantel and built-ins with handcrafted tiles & leaded glass doors
- Back yard
- Garage APT (400 sq ft, efficiency, full kitchen & bath)
- Driveway access to 2-car detached garage plus carport
- Curbed street
- Zoned to Browning Elementary
Favorite feature: gorgeous fireplace. Note that garage apartments can no longer be built in the Norhill Historic District. Existing garage apartments are grandfathered.
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311 Cordell: $1,095,000
- Brooke Smith
- Queen Anne bungalow c. 1906
- 3/3/1, 3192 sq ft on 10,000 sq ft lot
- Restored in 1999
- 11 ft ceilings and 26 chandeliers!
- Custom jewel-tone painted wallpapers
- All bedrooms down
- Open finished attic space with wet bar and full bath
- Formal garden plus a brick courtyard with a water feature
- Garage APT (660 sq ft, one-bedroom w/full bath and kitchen)
- Driveway access 2-car detached garage
- Curbed streets, corner lot
- Zoned to Browning Elementary
Walk straight into the early 20th century, albeit with modern amenities such as indoor bathrooms and a subzero fridge. 😉
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1122 Harvard: $1,750,000
- Heights East Historic District
- Victorian c. 1901
- 3/3/1, 3456 sq ft on 9900 sq ft lot
- Updated 2007
- Classic Craftsman interior with stained wood, bulls eye trim & transom windows
- Primary bedroom with sitting room
- Open game room up
- Double gallery balconies and wrap-around back porch
- Back yard is flagstone and brick plus a garden & treehouse
- POOL/spa
- Driveway access to 1-car attached garage
- Curbed street
- Zoned to Harvard Elementary
Listed on the National Register of Historic Places, this home has retained its vintage charm. Located just one block from the Heights esplanade and jogging trail.
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1819 Arlington: $1,895,000
- Heights East Historic District
- Craftsman bungalow c. 1901
- 4/3/1, 4341 sq ft on 7260 sq ft lot
- Renovated/expanded in 2018
- Wide-plank white oak flooring
- Study plus secondary bedroom down
- Primary bedroom, two secondary bedrooms plus sitting area up
- POOL, patio w/fire pit, summer kitchen, and green space
- Alley access to 2-car attached garage
- Front parking pads plus secure driveway parking
- Zoned to Field Elementary
Great location just 2 blocks off Heights Boulevard with easy access to restaurants and shopping on 19th and 20th Streets. Note: Heights’ favorite Neo Baguette, less than a block away, was rebranded in early 2022 to Le cafe Josephine, a French Moroccan restaurant.
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This Week’s Price Reductions & Status Updates
PRICE REDUCED
727 Euclid: $1,100,000 was $1,185,000
- Woodland Heights Historic District
- Prairie style home c.1995
- 3/3/1, 1964 sq ft on 5000 sq ft lot
- Updated kitchen and baths
- Manicured front lawn provides green space
- Garage APT (480 sq ft, efficiency, full bath, no kitchen)
- Covered back porch with beadboard ceiling
- POOL w/ wood and tile back deck
- Driveway access with auto-gate to 2 car detached garage
- Curbed street provides additional parking
- Zoned to Travis Elementary
If you want a front-row seat to “Lights in the Heights, ” this may be your home. Euclid Street is a popular choice for the bi-annual event. Even without an event, this is a great porch for hanging out and greeting neighbors
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PRICE REDUCED
857 E 24th St: $1,550,000 was $1,645,000
- Sunset Heights
- Contemporary c. 2017 by Cea-Loveless
- 5/4/1, 4272 sq ft on 6000 sq ft lot
- Combined living/dining areas plus family room
- 4 bedrooms, including the main primary suite, up
- Second primary suite down
- Landscaped front yard provides greenspace
- Covered patio w/POOL
- Alley access to 2 car attached garage
- Zoned to Field Elementary
I am a fan of CEA+Loveless homes. If you like contemporary style, there isn’t much not to like about this home. Corner lot, great curb appeal.
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607 Harvard: $1,995,000 was $2,175,000
- Heights South Historic District
- Queen Anne c. 1920
- 4/3/1, 3760 sq ft on 13,200 sq ft lot
- Wrap-around double gallery porches
- Primary & 2 secondary bedrooms on 2nd floor
- Basement with living area, study, bedroom w/full bath
- Full house generator
- Grounds include POOL/spa, Palapa, outdoor kitchen
- Garden room w/full bath in garage
- Garage APT (805 sq ft, 1 bedroom w/full kitchen & bath)
- Driveway access w/auto gate to 3-car elevator capable,detached garage
- Zoned to Harvard Elementary
This is the Heights equivalent of an estate. The home retains many of the original architectural features and the grounds are stunning. It is on the corner of Harvard & White Oak just a block from Donovan Park & Heights Mercantile. and just steps from local favorite Coltivare. (Note, a Palapa typically has a grass roof)
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PENDING
407 Enid: $639,000
- Brooke Smith
- Pediment bungalow c. 2014 by Wiseman Builders
- 3/2, 1650 sq ft on 5000 sq ft lot
- Original List Price: $639,000
- Days on Market: 5
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OPTION PENDING
1633 Arlington: $1,225,000
- Heights East Historic District
- Queen Anne Bungalow c. 1920
- 4/3, 2555 sq ft on 6600 sq ft lot
- Original List Price: $1,225,000
- Days on Market: 5
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OPTION PENDING
610 Peddie: $1,385,000
- Houston Heights
- Modern farmhouse c. 2018 by Modern Bungalow (MB)
- 4/4, 3465 sq ft on 6355 sq ft lot
- Original List Price: $1,385,000
- Days on Market: 5
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Going, Going Gone!
SOLD
2701 Nicholson: $650,000
- Houston Heights
- Queen Anne bungalow c. 1999
- 3/2, 1666 sq ft on 5000 sq ft lot
- Price at Time of Contract: $615,000
- List to Sell Ratio: 106%
- Original List Price: $615,000
- Days on Market: 7
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SOLD
606 E 10th St: $960,000
- Houston Heights
- Farmhouse style c. 1999
- 3/2/1, 2721 sq ft on 3929 sq ft lot
- Price at Time of Contract: $950,000
- List to Sell Ratio: 101%
- Original List Price: $950,000
- Days on Market: 3
- Seller Contribution to Buyer Closing Costs: $6,000
******
SOLD
1421 Columbia: $915,000
- Heights East Historic District
- Hipped-roof bungalow c. 1930
- 3/3, 2225 sq ft on 6600 sq ft lot
- Price at Time of Contract: $890,000
- List to Sell Ratio: 103%
- Original List Price: $890,000
- Days on Market: 4
- Seller Repairs: $1,500
******
SOLD
801 W Cottage: $1,137,000
- Norhill Historic District
- 2-story Craftsman c. 1920
- 4/3/1, 2296 sq ft on 6157 sq ft lot
- Price at Time of Contract: $999,999
- List to Sell Ratio: 114%
- Original List Price: $999,999
- Days on Market: 8
******
SOLD
1229 Tulane: $1,374,990
- Heights West Historic District
- Craftsman bungalow c. 1930
- 4/3, 2920 sq ft on a 6336 sq ft lot
- Price at Time of Contract: $1,399,000
- List to Sell Ratio: 98%
- Original List Price: $1,599,990
- Days on Market: 123
- Buyer Paid Owners Title Policy
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But wait, there’s more…
This is just the latest and greatest; however, there are still lots more on my list that you can check out here:
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