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Becky's Best Bungalow Bets for the Week of Aug 1, 2021: 6 New + Housing Bubble?!

Hello BBBB Friends:

This week I’m featuring 6 new listings, I also have a few price reductions, new contracts, and final sales to report for homes that are Still on My List. Keep scrolling down to see these changes.

HOUSING BUBBLE?

With home prices continuing to deliver double-digit increases, many folks are concerned we’re in a housing bubble like the one in 2006. However, a closer look at the market data indicates this is nothing like 2006 for three major reasons:

  • The housing market isn’t driven by risky mortgage loans,
  • Homeowners aren’t using their homes as ATMs this time, and
  • This time, it’s simply a matter of supply and demand.

For an expanded analysis, click HERE for my blog post, “3 Charts That Show This Isn’t a Housing Bubble.

Let’s go look at houses and 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. 

*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

Presented by Compass Real Estate

1121 Key: $549,000

  • Norhill Historic District
  • Pediment bungalow c.1930
  • 1/2, 1366 sq ft on 5000 sq ft lot
  • Kitchen and bath updates
  • Back deck and grassy back yard
  • Driveway parking
  • Curbed street provides additional parking
  • Zoned to Browning Elementary

Previous owners converted this home from a 3/2 to a 1/2 to create an owner’s suite with a walk-in closet and a large open concept living area. A wall can be added to make it a 2/2.

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Presented by Sky Homes Realty

709 Tabor: $549,900

  • Brooke Smith
  • Craftsman bungalow c. 1925
  • 2/2, 1246 sq ft on 5000 sq ft lot
  • Renovated in 2015 by NUVO Builders
  • Original brick chimney and exposed shiplap in kitchen
  • Screened in back porch ❤️
  • Backyard is artificial turf
  • Driveway access with auto-gate to 2 car detached garage
  • Climate controlled garage
  • Zoned to Browning Elementary
  • Minimum lot size this block✔️

Great location in Brooke Smith just a block away from Browning Elementary and Montie Beach Park which offers a playground, 0.84-mile hike and bike trail, lighted tennis courts, and a sports field.

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Presented by Compass Real Estate

4035 Norhill: $579,000

  • Norhill Historic District
  • Pediment bungalow c. 1939
  • 2/2/1, 1094 sq ft on 5000 sq ft lot
  • Kitchen and bath updates (2008)
  • Backyard with pavers and small green space
  • Corner lot with side street access for 2 car detached garage
  • Curbed street provides additional parking
  • Zoned to Browning Elementary

Climate-controlled attic space is accessed via pull-down stairs. The Norhill Esplanade is across the street for additional green loveliness.

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Presented by Greenwood King Properties

2441 White Oak: $675,000

  • Norhill Addition (south of 11th)
  • Brick bungalow c. 1940
  • 2/2, 1596 sq ft on 6148 sq ft lot
  • Recent renovation of kitchen and baths
  • Covered patio between house and garage plus green space
  • Garage APT (672 sq ft, 1 bedroom, full kitchen and bath)
  • Driveway access with auto-gate to 2 car detached garage
  • Curbed street provides additional parking
  • Zoned to Travis Elementary

Also a cutie-patootie, this bungalow plus garage apartment has been nicely renovated. Note that White Oak is a busy street but this home is within walking distance of Stude Park and restaurants along White Oak/6th St.

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Presented by Neartown Realtors

628 Harvard: $849,000

  • Heights South Historic District
  • Cottage Colonial c. 1935
  • 2/2, 1608 sq ft on 6600 sq ft lot
  • Renovated 2021
  • Large grassy back yard
  • Potential alley access
  • Driveway access to 2 car detached garage
  • Curbed street provides additional parking
  • Zoned to Harvard Elementary

High-end renovation reconfiguring the existing square footage for an expanded master suite, kitchen with walk-in pantry, and a study/sitting room. Walk to nearby Heights Merchantile, Donovan Park, and restaurants along White Oak Blvd.

******

Presented by Martha Turner Sotheby’s

824 Bayland: $1,250,000

  • Woodland Heights Historic District
  • Queen Anne c. 1907
  • 3/2/1, 2975 sq ft on 5700 sq ft lot
  • Wraparound front porch
  • Kitchen and baths updated in 2002
  • Covered porch overlooking decked sideyard with POOL
  • Screened-in balcony off master
  • Fenced green space in front
  • Corner lot with side street access for 2 car detached garage
  • Curbed street provides additional parking
  • Zoned to Travis Elementary

Fun fact, this stately Victorian home was once owned by former Mayor Kathy Whitmire.

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This Week’s Price Reductions & Status Updates

1107 Winston
Presented by Circa Realty

PRICE REDUCED

1107 Winston: $459,900 was $475,000

  • Norhill Historic District
  • Craftsman Bungalow c. 1925
  • 2/1, 852 sq ft on 5000 sq ft lot
  • Renovated kitchen and bath
  • The back yard offers a deck and patio plus a small green space.
  • Driveway access with auto-gate to 1 car detached garage
  • The garage is currently an air-conditioned flex space
  • Curbed street provides additional parking
  • Zoned to Field Elementary

This small but adorable bungalow features doubles jerkinhead (clipped) gables for a pretty look. Walk to Teotihuacan, Spanish Flowers, Hughie’s, and other Main St restaurants. Field Elementary is at the end of the block.

******

Presented by Gary Green Better Homes and Gardens

PRICE REDUCED

528 Threlkeld: $799,900 was$819,000

  • Usener subdivision (south of White Oak)
  • Contemporary/Modern c. 2014 by Arnold Bldrs
  • 4/3/1, 3441 sq ft on 2375 sq ft lot
  • Elevator ready
  • Chef’s kitchen with Thermador appliances
  • Primary bedroom featuring a balcony and huge closet
  • 3rd-floor game room w/balcony
  • Covered back porch & water feature
  • Front-loading 2 car attached garage
  • Curbed street provides additional parking
  • Zoned to Harvard Elementary

High-end finishes throughout this home including custom draperies. While there is no green space to speak of, the large 3rd story balcony has downtown views and has a gas hookup for a grill.

******

201 E 5th
Presented by Neartown Realtors

OPTION PENDING

201 E 5th St: $625,000

  • Heights South Historic District
  • Cottage c. 1910
  • 2/2, 1228 sq ft on 3300 sq ft lot
  • Original List Price: $649,900
  • Days on Market: 48

******

1519 Waverly
Presented by Compass Real Estate

OPTION PENDING

1519 Waverly #B: $699,000

  • Houston Heights
  • Victorian-inspired c. 2008 by SSH Homes
  • 3/2/1, 2606 sq ft on 2237 sq ft lot
  • Original List Price: $699,000
  • Days on Market: 3

******

Presented by Greenwood King Properties

OPTION PENDING

1020 Tulane: $1,100,000

  • Houston Heights
  • Modern Craftsman c. 2014 by Modern Bungalow
  • 3/3, 3214 sq ft on 4400 sq ft lot
  • Original List Price: $1,100,000
  • Days on Market: 4

******

Presented by Del Monte Realty

OPTION PENDING

930 Cortlandt: $1,290,000

  • Heights South Historic District
  • Craftsman bungalow c. 1900
  • 4/3/1, 3261 sq ft on 6600 sq ft lot
  • Original List Price: $1,290,000
  • Days on Market: 5

******


Going, Going Gone!

4305 Julian
Presented by Keller Williams

SOLD

4305 Julian: $572,000

  • Cash subdivision
  • Craftsman bungalow c.1930
  • 2/2, 1311 sq ft on 4400 sq ft lot
  • List to Sell Ratio: 100%
  • Original List Price:  $574,000
  • Days on Market: 9

******

931 Key
Presented by Douglas Joseph Realty

SOLD

931 Key: $800,000

  • Norhill Historic District
  • Craftsman bungalow c. 1926
  • 3/3, 1669 sq ft on 5200 sq ft lot
  • List to Sell Ratio: 100%
  • Original List Price:  $799,999
  • Days on Market: 7

******

3516 Pineridge
Presented by Compass RE

SOLD

3516 Pineridge: $830,000

  • Norhill (south of 11th St)
  • Craftsman bungalow c. 1929
  • 3/2, 1940 sq ft on 5350 sq ft lot
  • List to Sell Ratio: 98%
  • Original List Price:  $849,000
  • Days on Market: 13

******

114 Payne
Presented by Bernstein Realty

SOLD

114 Payne: $860,000

  • German Historic District
  • Bungalow c.1930
  • 4/3, 2574 sq ft on 5100 sq ft lot
  • List to Sell Ratio: 96%
  • Original List Price:  $899,000
  • Days on Market: 9

******

Presented by Vanacor Properties

SOLD

517 E 27th St: $961,000

  • Sunset Heights
  • Craftsman bungalow c. 1920
  • 3/3, 2908 sq ft on 6000 sq ft lot
  • List to Sell Ratio: 97%
  • Original List Price:  $990,900
  • Days on Market: 15

******

Presented by Compass Realty

SOLD

1636 Arlington: $1,193,480

  • Heights East Historic District
  • 3/3, 3224 sq ft on a 6600 sq ft lot
  • Craftsman, c. 2003 by Allegro Builders
  • List to Sell Ratio: 101%
  • Original List Price:  $1,185,000
  • Days on Market: 5

******


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:

BBBB: Still on my list!

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