Interested In Making Money In Houston Real Estate?
These neighborhoods have created the most wealth for their owners.
These neighborhoods have created the most wealth for their owners.
We have completed a study of 400,000+ Houston home sales since 2000. The best investments tended to be single family homes with the following characteristics:
Over the past few decades, investing in land in Houston has been a very good way investment and method to store wealth.
In an effort to help our buyers identify interesting investment opportunities, we’ve analyzed which neighborhoods experienced the best land value appreciation.
For a custom home value report to see how your neighborhood is trending or for interesting Houston homes for sale, contact Paige Martin, ranked as the #1 Individual Agent with Keller Williams in the city of Houston and #10 in the United States.
DISCLAIMER: Real estate is local. The following data covers median sales prices of single family, townhomes and condos. If you’re looking to buy or sell: Get a custom report for your home or request trends on the area where you’re looking to buy.
For a custom home value report to see how your neighborhood is trending or for interesting investment opportunities, contact Paige Martin, ranked as the #1 Individual Agent with Keller Williams in the city of Houston.
Cottage Grove is centrally located within the Inner Loop, near entertainment, dining, and retail hubs, as well as job centers and cultural hotspots.
Conveniently located along the Katy Freeway, the neighborhood is about 10 minutes away from the Galleria and Downtown Houston.
There are plenty of housing options in the neighborhood, ranging from vintage cottages and townhomes. Increased demand for Cottage Grove homes has sparked a surge of new development in the area.
Cottage Grove is one of Houston’s burgeoning neighborhoods. With new construction custom-built homes, townhomes in gated communities, and old single-family homes, homebuyers have a bevy of options.
One of the first “master-planned” communities in the city, Houston Heights is an exciting neighborhood of 3,700 homes located north of I-10 highway, south of Loop 610 and west of Highway 45.
Homes for sale in the Heights appreciated by 14% last year. Homes sold in 2004 have risen by more than half of its value in just 10 years.
Ranked #4 in CNN Money’s Top 10 Big City Neighborhoods, The Heights offers charm and a small-town feel; along with a fantastic collection of restaurants, coffee bars, antique shops, parks, and running trails.
The Hike & Bike Trail in the Heights recently opened with several new bridges. It connects the north side of Houston’s Inner loop with soon-to-be over hundred miles of city trails.
Made up of more than 5,500 homes, Oak Forest is a quaint neighborhood located just outside the Loop.
Oak Forest real estate have remained popular over the years due to several factors, including the neighborhood’s location, large lots, and relatively affordable home prices.
Homes in the area enjoy convenient access to schools, stores, restaurants, entertainment centers, and parks.
Apart from relatively easy commutes and the neighborhood’s quiet suburban feel, Oak Forest’s schools are also a great draw for homebuyers.
River Oaks Area
5-year land value appreciation: 81%
10-year land value appreciation: 121%
River Oaks Shopping Area
5-year land value appreciation: 41%
10-year land value appreciation: 72%
As Houston’s most expensive neighborhood, River Oaks also has one of the best real estate appreciation rates within Inner Loop.
The grande dame of Houston’s luxury enclaves, River Oaks is a 1,100-acre neighborhood of mansions and estates found at the heart of Inner Loop Houston.
River Oaks lot prices start at $2,200 during the 1920s. Today, the most expensive River Oaks home for sale is an 8-bedroom, 21,500-square-foot estate priced at over $17,000,000.
The entirety of River Oaks is a scenic view of towering trees that line streets coupled with intricately detailed bushes that lead to pocket gardens.
Plenty of restaurants, bars, boutiques, and art galleries in the River Oaks Shopping Center and West Ave complexes elevate the neighborhood’s quality of life.
Timbergrove is a quaint neighborhood that features rolling terrains, large lots and tree-lined winding streets.
The residential area lies west of the Houston Heights and along the wooded banks of White Oak Bayou.
Timbergrove homes for sale are mostly mid-century, one-story ranch style brick homes.
It is also among the approximately 60 Houston neighborhoods carrying the “Super Neighborhood” recognition.
Highland Village is a deed-restricted residential enclave located about 6 miles west of Downtown Houston.
Located along Westheimer and a stone’s throw away from Southwest Freeway and Loop 610, Highland Village has convenient access to key Houston areas like the Galleria, Museum District, Downtown, and the Medical Center.
The neighborhood has plenty of shopping options nearby: the Highland Village Shopping Center, Central Market, Galleria, Uptown Village, and Rice Village.
From vintage single-family homes from the early 50s to new construction custom-built homes, Highland Village offers a great selection. Surrounded by some of the most expensive neighborhoods in Houston, Highland real estate are slightly more affordable than those in River Oaks and Afton Oaks.
5-year land value appreciation: 74%
10-year land value appreciation: 106%
Garden Oaks is a neighborhood of approximately 1400 homes located north of the North Loop (610), and bordered by Ella Blvd. to the west and Yale St. to the east.
Nestled among towering pines and grand magnolias, Garden Oaks feature cottages, bungalows, ranch, and traditional-style homes.
Garden Oaks is near enough to main districts making daily commutes a breeze, and yet far enough for the residents to enjoy a private and quiet neighborhood.
Despite being close to main commercial districts, Garden Oaks has kept its “naturesy” identity. Oak, pecan, and pine trees tower over homes in Garden Oaks. Massive lots (median lot size is 12,000 square feet) with lush yards compliment the tree-roofed neighborhood.
“Eccentric and eclectic” aptly describe the mixed-use, but largely residential neighborhood of Montrose.
A diverse and colorful community, Montrose was once in the American Planning Association’s list of top 10 great neighborhoods in America.
Located in the heart of Houston’s Inner Loop, Montrose is a diverse neighborhood known for its elegantly restored mansions, contemporary condos, craftsman bungalows, and fantastic restaurants and bars.
Montrose boasts over 50 restaurants and bars, including a nine restaurants that consistently make the list of “Top Restaurants in the State of Texas,” according to Texas Monthly.
West University is the 5th most expensive neighborhood in Houston. Homes for sale in the area are mostly luxurious single family homes with 3 or more bedrooms.
West U offers some of the best public schools in the State of Texas, a private police and fire department, and the Rice Village Shopping Center with over 300 establishments.
The entire area is also divided into 26 blocks or sections (some offering a fantastic small town vibe), making it one of the most organized neighborhoods in Houston.
Memorial Villages, or simply the “Villages,” is located along Katy Freeway, west of Greater Houston.
With deed restrictions and its own governing bodies in place, the Memorial Villages maintain a quiet and private ambiance. Each city also operates its own police and fire departments.
Located a few miles southwest of Downtown Houston, Upper Kirby is a vibrant mixed-use neighborhood.
Much like its next door neighbor Montrose, Upper Kirby projects a Bohemian flavor, with its mix of restaurants, townhomes, condos, single-family homes, boutiques, and bars.
Located near and along main roads, Upper Kirby is among the most accessible neighborhoods in Houston. Homes in the area have convenient access to the Buffalo Speedway, the Southwest Freeway, Westheimer Road, and Shepherd Drive.
Upper Kirby is nestled next to the Greenway Plaza, while the River Oaks Shopping Center and the Galleria are within a short drive from the neighborhood.
Made up of more than 5,000 homes, Rice Military is a quaint neighborhood located just outside the Loop.
Rice Military real estate has remained popular over the years due to several factors, including the neighborhood’s location, large lots, and relatively affordable home prices.
The neighborhood is just north of Loop 610 and east of US 290. Rice Military homes have convenient access to main arteries like TC Jester Blvd, N Shepherd Dr, Katy Fwy, and North Fwy.
Rice Military is one of Houston’s older neighborhoods. It features updated and renovated ranch-style homes from the 1940s and 1950s, as well as new construction homes.
Houston’s Museum District is 2nd in the country (only to Manhattan, NY) with the largest number of museums in a contiguous area.
Within a 1.5 mile radius, the Museum District includes 19 museums that offers educational, artistic, and scientific resources. A dozen of the member museums have free admission each day.
There are multiple property types throughout the area, and Museum District condos and townhomes are certainly a popular choice.
Much of the newer construction is architecturally-inspired, allowing these Museum District homes to compliment the vibrant feel of the area.
Known locally as the “City of Homes”, Bellaire TX is a Houston neighborhood of mostly luxury 3-bedroom single-family homes priced between $400,000 to over $1,000,000.
Bordered by the cities of Houston and West University, Bellaire enjoys a central location within the Houston-The Woodlands-Sugar Land Metropolitan area.
The name “Bellaire” originated from “good air” or “good breeze”, attributed to the neighborhoods small-town, family-friendly community.
The neighborhood consists of 7 private subdivisions: Ayrshire, Braes Heights, Braes Oaks, Braes Manor, Braes Terrace, Emerald Forest, and Southern Oaks.
Braeswood had the 2nd highest 10-year appreciation rate within Inner Loop.
The neighborhood’s prime location, deed restrictions, and its gorgeous collection of new construction homes make it one of the most desirable communities in Houston.
EaDo is one of the Houston’s top up-and-coming neighborhoods.
Located adjacent to Downtown Houston (hence the name East Downtown), this area was a graveyard of abandoned supermarkets and restaurants until about 10 years ago.
East Downtown (EaDo) is a vibrant Houston neighborhood near the major business districts of Downtown Houston, the Texas Medical Center, and the Houston Ship Channel.
EaDo is located north of Interstate 45, and between the George R. Brown Convention Center and the East End district.
EaDoHouston.com dubbed the neighborhood as the “Art & Soul of Houston.” Formerly referred to as “Houston Chinatown,” EaDo was filled with inexpensive land.
Over the past few years, this community has seen one of the largest investments in capital projects of any part of Houston.
EaDo benefits from the new BBVA Soccer stadium, MetroRail expansion, multiple new apartment and townhome complexes and an explosion of (highly rated) new restaurants and bars.
Land value was calculated by looking at the median sold price per square foot of Lots and Single family homes sold at lot value.
Data is provided by the Houston Association of Realtors, multiple listing service.
Data deemed reliable, but is not guaranteed and should be independently verified.
The Average Value of a 10,000 Square Foot lot is shown for illustration purposes and was calculated by multiplying the median sale price for square foot of land value in each respective geo market area for 2006 and comparing that with the respective value for 2015.
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