Hello BBBB Friends:
The week before Memorial Day Weekend is generally a snoozer for real estate, with folks distracted with end-of-the-school-year activities and vacations. Not so this week in the Heights. Listing activity was strong and new home sales were brisk. I am featuring 5 new listings this week. Be sure to keep scrolling down for price improvements, new contracts, and final sales for those homes that are Still on My List.
INTEREST RATE UPDATE
Mortgage rates decreased for the second week in a row, according to a report released Thursday, as the U.S. economy faces multiple headwinds and, nationally, the housing market shows signs of slowing for the first time in years. Since hitting a 2022 peak of 5.3% during the week ending May 12, rates on 30-year fixed-rate mortgages have fallen by 20 basis points, averaging 5.1% during the week ending May 26. However, the Fed has signaled an intent to increase interest rates by half a percentage point in June and July.
Have a great week and,
Let’s go look at houses or talk about selling yours!!!
Becky
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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.
*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
1542 Nicholson: $745,000
- Houston Heights
- Queen Anne bungalow c. 1920
- 3/2, 1416 sq ft on 5280 sq ft lot
- Expanded/renovated 2011
- Covered back porch and greenspace
- Alley access to 2-car garage (added in 2018)
- Front parking pad
- Zoned to Love Elementary
Lovely curb appeal plus front-row seat for Hike and Bike Trail people watching.
******
2221 Gostick: $769,000
- Gostick (north of 20th, south of Sunset Heights)
- Cottage c. 1920
- 3/2, 2042 sq ft on 5728 sq ft lot
- Expanded in 2014 adding a primary suite
- Galley kitchen with some updates
- Primary suite with cathedral ceiling
- Extended covered back deck and greenspace
- Driveway access to 1-car attached garage
- Additional driveway parking
- Zoned to Field Elementary
Covered outside entertainment area with double screen TVs, ready for football season. Stroll to 20th St restaurants including Chilosos and Jenni’s Noodle House.
******
621 E 27th St: $819,000
- Sunset Heights
- Contemporary c. 2022 by Saxxon Homes
- 3/3/1, 2810 sq ft on a 4200 sq ft lot
- 11′ ceilings down with wide plank white oak engineered flooring
- Chef’s kitchen with brick accent wall w/floating shelves
- All bedrooms up with ensuite baths
- Primary suite with 2 walk-in closets
- Open game room up
- Covered patio plus back and side yards
- Front-entry garage
- Additional driveway parking
- Zoned to Field Elementary
Choose from two side-by-side practically identical homes. The primary difference (other than the trim package) is yard space. For the additional $20k, go with the larger yard!
******
711 Wendel: $989,000
- Woodland Terrace
- Craftsman bungalow c 1920
- 4/3, 2299 sq ft on a 5000 sq ft lot
- Updated/expanded in 2020
- Primary suite down, 2 secondary bedrooms up
- 4th bedroom or office down with access to full bath
- Open game room up
- Extended covered back deck plus brick patio and greenspace
- Updated garage APT (536 sq ft, 1 bedroom, kitchenette & bath)
- Driveway access to 2-car oversized garage
- Curbed street
- Zoned to Travis Elementary
The second story was added in 2020 converting a 2/1 brick bungalow into a Craftsman-style home. Located 2 blocks from Stude Park and the Hike and Bike Trail.
******
1116 E 14th St: $1,140,000
- Norhill Historic District
- Craftsman bungalow c. 1924
- 4/3, 2298 sq ft on a 5200 sq ft lot
- Expanded/renovated in 2021/2022
- Cathedral ceilings in the living areas
- Quartz waterfall kitchen island with butcher block accent
- Wide plank white oak engineered flooring
- Primary suite up, 3 secondary bedrooms down
- Primary bath with marble floors/wall and open walk-in shower
- Green space is the front yard
- Driveway access to 1-car detached garage
- Curbed (but busy) street
- Zoned to Browning Elementary
Need more play space? Proctor Plaza Park is just a few blocks away.
******
This Week’s Price Reductions & Status Updates
PRICE REDUCED
1211 Nicholson: $1,650,000 was $1,695,000
- Houston Heights
- Modern farmhouse c. 2022 by Ansari Homes
- 4/4, 3600 sq ft on 5280 sq ft lot
- High-quality millwork, including crown moldings, wainscoting, and built-ins
- 11′ ceilings down, 10′ ceilings up
- Chef’s kitchen with quartzite countertops and Thermador appliances
- Study or 5th bedroom down w/access to full bath
- Back yard with plenty of green space
- Garage APT (500 sq ft, efficiency, full kitchen & bath)
- Alley access to 2 car detached garage (covered walkway to house)
- Additional paved parking spaces next to the driveway
- Zoned to Love Elementary
Located on the Hike and Bike Trail with a front porch perfect for people watching.
******
OPTION PENDING
805 Archer: $505,000
- Brooke Smith
- Craftsman bungalow c. 1920
- 3/2, 1291 sq ft on 5000 sq ft lot
- Original List Price: $505,000
- Days on Market: 4
******
OPTION PENDING
607 E 12th St: $849,000
- Houston Heights
- Bungalow c. 1930
- 2/2, 1506 sq ft on 6250 sq ft lot
- Original List Price: $849,000
- Days on Market: 6
******
OPTION PENDING
2910 Houston: $995,000
- Germantown Historic District
- Queen Anne bungalow c. 1920
- 3/3, 2303 sq ft on 5500 sq ft lot
- Original List Price: $1,045,000
- Days on Market: 16
******
PENDING
1029 Omar: $1,050,000
- Norhill (south of 11th/Pecore)
- Craftsman bungalow c. 1924
- 3/3, 2174 sq ft on a 6000 sq ft lot
- Original List Price: $1,050,000
- Days on Market: 4
******
OPTION PENDING
717 E 21st: $1,050,000
- Bartholomew Place (think Sunset Heights)
- Cottage/Contemporary c. 1890
- 3/2/1, 2487 sq ft on an 8075 sq ft lot
- Original List Price: $1,050,000
- Days on Market: 3
******
PENDING
2028 Harvard: $1,195,000
- Houston Heights
- Queen Anne bungalow circa 1900
- 4/3, 2328 sq ft on a 9932 sq ft lot
- Original List Price: $1,195,000
- Days on Market: 6
******
Going, Going Gone!
SOLD
733 Ashland #C: $965,000
- Houston Heights
- Greek Revival c. 2015 by Legion Builders
- 3/2/1, 2370 sq ft on a 3643 sq ft lot
- Price at Time of Contract: $975,000
- List to Sell Ratio: 99%
- Original List Price: $975,000
- Days on Market: 26
- Title Paid By: Seller
******
SOLD
725 Tulane: $1,014,000
- Houston Heights (Tulane Trails)
- Greek Revival c. 2018 by Sullivan Builders
- 4/3, 2441 sq ft on 3300 sq ft lot
- Price at Time of Contract: $950,000
- List to Sell Ratio: 107%
- Original List Price: $950,000
- Days on Market: 4
- Title Paid By: Seller
******
SOLD
727 Euclid: $1,100,000
- Woodland Heights Historic District
- Prairie style home c.1995
- 3/3/1, 1964 sq ft on 5000 sq ft lot
- Price at Time of Contract: $1,100,000
- List to Sell Ratio: 100%
- Original List Price: $1,200,000
- Days on Market: 54
- Seller Repairs: $1,000
- Title Paid By: Seller
******
SOLD
610 Peddie: $1,515,000
- Houston Heights
- Modern farmhouse c. 2018 by Modern Bungalow (MB)
- 4/4, 3465 sq ft on 6355 sq ft lot
- Price at Time of Contract: $1,385,000
- List to Sell Ratio: 109%
- Original List Price: $1,385,000
- Days on Market: 5
- Seller Contribution to Buyer Closing Costs: $15,130
- Title Paid By: Seller
******
SOLD
1122 Harvard: $1,725,000
- Heights East Historic District
- Victorian c. 1901
- 3/3/1, 3456 sq ft on 9900 sq ft lot
- Price at Time of Contract: $1,750,000
- List to Sell Ratio: 99%
- Original List Price: $1,750,000
- Days on Market: 6
- Title Paid By: Seller
******
SOLD
1819 Arlington: $2,068,000
- Heights East Historic District
- Craftsman bungalow c. 1901
- 4/3/1, 4341 sq ft on 7260 sq ft lot
- Price at Time of Contract: $1,895,000
- List to Sell Ratio: 109%
- Original List Price: $1,895,000
- Days on Market: 4
- Seller Repairs: $22,250
- Title Paid By: Seller
******
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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