Energy Corridor Houston Homes And Neighborhood Guide

Energy Corridor Houston TX Real Estate Guide

Home to several Fortune 500 firms, The Energy Corridor offers a great lifestyle for residents.

An exciting commercial and business district, Energy Corridor is also a thriving residential neighborhood.

Energy Corridor homes are popular thanks to:

  • GREAT COMMUTE: The Energy Corridor is home to corporate or regional headquarters for firms like: BP, Citgo, ConocoPhillips, Dow Chemical, ExxonMobil Chemical, and Foster Wheeler.  The neighborhood offers a great commute for the 80,000+ individuals working in this area.
  • TOP RATED SCHOOLS: Parts of the Energy Corridor are zoned to public schools which are ranked amongst the best schools in Texas (including Bush Elementary), according to the Houston’s Best Schools report.
  • QUALITY SHOPPING & DINING: The Energy Corridor houses over sixty restaurants (including the award winning Le Mistral), top-rated hotels, nine shopping centers, and 150+ Yelp-rated retail establishments.
  • NUMEROUS HOME OPTIONS: Home to some of the Best Gated Communities in Houston, Energy Corridor also features single-family homes, townhomes, and condos.
  • FANTASTIC ACCESS: The neighborhood is located near many of Houston’s expressways including: I-10/Katy Freeway, 610 Loop, Highway 290, and Beltway 8.  Apart from nearby commercial and corporate establishments, residents also enjoy easy commute Downtown, Memorial City Mall / Memorial City Medical Center, Galleria, and Greenspoint.
  • FUN OUTDOOR ACTIVITIES: The Energy Corridor is along Katy Freeway (I-10), adjacent to George Bush Park, a 26,000-acre urban park. One of the largest business districts in Houston, Energy Corridor features various outdoor recreational options.

Not surprisingly, real estate in the area trends to track oil & gas prices. This area has seen great appreciation and growth over the past decade and has tracked the downturn over the past few years since so many residents gain their income from the energy markets.  This can be an advantage for buyers who are not employed by oil & gas firms looking to move into the community.

Contact Paige Martin, a Top Realtor in Houston, if you’re looking to buy or sell a home in Energy Corridor.

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8 Things Energy Corridor Real Estate Buyers Should Know

Apart from being a key business and work center, the Energy Corridor is a booming community of residential areas and commercial establishments.

  • The Energy Corridor is rife with real estate options, from condos and luxury apartments to townhomes and single-family homes.
  • The Energy Corridor’s 1,700-acre area is also home to several Fortune 500 companies. The district features major retailers, gated luxury communities, and entertainment hubs.
  • The district is located along Katy Freeway (Interstate 10). A 26,000-acre urban park borders the Energy Corridor, with trails and walkways winding around the neighborhood.
  • It is zoned to three school districts: the Houston ISD, the Katy ISD, and the Spring Branch ISD. Apart from a choice of excellent public schools, the Energy Corridor also features private schools, early childhood centers, and daycares.
  • The district is a rapidly developing area with office and retail space expected to reach 45.3 million square feet by 2030. A study predicts that an additional 2,700 housing units will be built in the district to fill growing demand.
  • The Texas State Legislature officially established the Energy Corridor, also known as Harris County Improvement District #4, in 2001. The district, however, had been home to major oil and energy companies since the 1970s.
  • The Energy Corridor features a mix of both work and play. It has several entertainment, retail, and dining establishments within the district and is adjacent to nearly 26,000 acres of urban park areas.
  • The district prides itself in having everything its residents need and want – from day spas to garden centers, and from small family owned gift shops to large retail giants. Its shopping and entertainment options extend beyond its borders as well, with The Katy Mills Outlet Mall and Memorial City Mall within minutes from the Energy Corridor.
“Paige Martin is the best realtor in Houston. She will tell you the ‘bad’ and ‘ugly’ of a property and help you make a good purchase.”
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Energy Corridor Maps and Location

The Energy Corridor is located along Interstate 10, between Beltway 8 and the Grand Parkway.

The 1,700-acre district extends south on N Eldridge Parkway and Enclave Parkway toward the Westpark Tollway. It is bordered by Kirkwood Road on the east and Barker Cypress Road on the west.

The district is adjacent to almost 26,000 acres of parks, including George Bush Park and Bear Creek Pioneers Park.

Houston neighborhoods within a 12-mile radius of the Energy Corridor include Garden Oaks, Houston Heights, Memorial, Meyerland, Sharpstown, and Uptown Houston. First Colony (Sugar Land), the Jersey Village, and Katy are also within the radius.

The Energy Corridor (Harris County Improvement District #4) has a large “Commute Zone,” an area wherein most employees in the district reside. The Commute Zone is comprised of several areas in Fort Bend, Harris, and Waller counties.

Energy Corridor zip codes include 77077, 77079, 77084, and 77043.

Zip codes near Energy Corridor include 77008, 77018, 77082, and 77041. (View Houston zip code map.)

Paige Martin’s Recent Awards:
– “One of America’s Best Real Estate Agents,” Real Trends
– Five Star Realtor Award, Multi-Year Winner
– “One of Houston’s Top 50 Realtors,” Houston Chronicle

Neighborhoods Near Energy Corridor TX

West of Energy Corridor

North of Energy Corridor

South of Energy Corridor

Energy Corridor Schools

The Energy Corridor is served by three different school districts: the Houston ISD, the Katy ISD, and the Spring Branch ISD.

  • HISD serves the residents of AMLI on Eldridge Parkway, San Paloma, and Village on the Parkway.
  • KISD serves the eastern IH-10/Park Ten area including Empirian at Park Row, Heritage at Park Row, Legends at Park Ten, Park Place Apartments, Stone Oak Apartments, and Promenade at Memorial.
  • The Spring Branch ISD has Village on the Memorial Townhomes.

Elementary Schools

  • Nottingham Elementary at 570 Nottingham Oaks. This PK to 5 public school is under the Spring Branch ISD. Nottingham Elementary has been recognized as a National Blue Ribbon school, with a “Recognized” TEA ranking.
  • Barbara Bush Elementary at 13800 Westerloch Drive. Also known as BBE, this coeducational school is under the Houston Independent School District. It serves 698 students in grades PK to 5. It has an Exemplary AEIS rating and a 10 out of 10 rating at GreatSchools.org.
  • Thornwood Elementary at 14400 Fern. From the Spring Branch ISD, Thornwood Elementary serves students in grades PK to 5. It has a GreatSchools.org rating of 6 out of 10.
  • Ray K. Daily Elementary at 12909 Briar Forrest. Ray Daily Elementary is a coeducational public school from the HISD. It was named after a former HISD board member who advocated for special education, reading, and industrial arts education programs. It serves PK to 6 students and has a GreatSchools.org rating of 7 out of 10.
  • Maurice L. Wolfe Elementary at 502 Addicks Howell. This K-5 public school from the Katy ISD has been recognized as a National Blue Ribbon school in 1998-99. It has a 6 out of 10 rating at GreatSchools.org.

Middle Schools

  • Spring Forest Middle School at 14240 Memorial. This school is under the Spring Branch ISD. It serves students in grades 6 to 8 and has a GreatSchools.org rating of 6 out of 10. It has been recognized as a National Blue Ribbon school from 1994 to 1996.
  • West Briar Middle School at 13733 Briarhurst. This coed public school is from the HISD. Serving grade 6 to 8 students, it has a 7 out of 10 GreatSchools.org rating.

High Schools

  • Westside High School at 14201 Briar Forest. HISD’s Westside High School is a magnet school for Integrated Technology. The program takes five different strands: Fine Arts, Business, Media Relations, Applied Science/Health Science, and Computing Sciences. It also offers an advanced placement program. It has a 7/10 GreatSchools.org rating and is one of the top high schools in the United States.
  • Stratford High School at 14555 Fern Street. Stratford High, under the Spring Branch ISD, features great academics, athletics, and Fine Arts programs. It has received various awards and has been featured with top ranking high schools. Like Westside, it also offers AP courses in addition to several foreign language programs.

Energy Corridor Houston Private Schools

Energy Corridor is also home to excellent private schools. Listed below are some of them:

  • Westlake Child Development Center at 540 Westlake Park. This is a private nonsectarian preschool. It has a community rating of 3/5 at GreatSchools.org.
  • Memorial Private High School at 14333 Fern Drive. It is a private school that offers an accelerated Classical Program. It also has excellent arts, academics, and athletics programs.
  • Westside Montessori School at 13555 Briar Forrest. This is a coed, nonsectarian Montessori school that serves PK to 5 students.

To find an updated listing of all Energy Corridor real estate zoned to any specific public school, please send an email to Paige Martin at Paige@HoustonProperties.com with the property preference and budget that you’re working with.

*Note: School zoning tends to change from year to year, information provided above are accurate but not guaranteed. Please double check by visiting the school’s website.

Energy Corridor Real Estate Trends

The Energy Corridor features a wide range of housing types, including apartments, condominiums, and single-family homes.

Properties in the Energy Corridor vary in size and build, with pricing heavily dependent on the property’s location within the Corridor.

The district has gated communities like Terraces on Memorial, Lakes on Parkway, and Parkway Villages, and affluent neighborhoods like Wilchester, Nottingham, Yorkshire, and Gaywood. Luxury apartments and lofts are also available at the AMLI on the Eldridge Parkway, Broadstone Memorial, and Eclipse.

The Energy Corridor is one of the fastest growing real estate markets in Houston, with property values on a steady uphill climb.

The Energy Corridor has more than 20 million square feet of office space. Further expansions are undergoing construction and the district is expected to have an additional 4.5 million square feet of office space in 2015. The number is projected to reach 45.3 million square feet of office and mixed use space by 2030.

With these new developments come more employees and more housing needs. A study by CDS Market Research predicts that an additional 2,700 housing units will be built by 2030 to accommodate more people choosing to live in the Energy Corridor. The study expects a 24% increase in population, from 21,735 to 27,000.

Property developers, like the PM Realty Group, have major projects lined-up for the district, including redevelopment plans for the 35-acre ExxonMobil Chemical Co. campus.

The Energy Corridor and its surrounding neighborhoods are experiencing a housing boom alongside the ongoing and planned billion-dollar projects in the area. The number of houses sold per year is down by 22% over the past decade and the lack in supply is driving prices up. Median sales price has increased by 34%, while average price per square meter is up by 28% in the last 5 years.

The influx of new residential and commercial property development ensures that property values will remain strong.

Since Energy Corridor homes for sale can vary from one neighborhood to the next, it is advisable for homebuyers to consult a trusted realtor for recommendations and further information.

(Data sourced from the Houston Association of Realtors Multiple Listing Service and is deemed reliable but not guaranteed.)

For updated information regarding Energy Corridor real estate pricing and trend analysis, please contact Paige Martin at Paige@HoustonProperties.com.

Energy Corridor Single-Family Home Sale Trends

Energy Corridors single-family homes can range from older 3-bedroom bungalows to newer and more luxurious two story houses. Older homes sell for as low as $100,000, while newer construction houses can go as high as $2,000,000.

Single-family homes in the Energy Corridor differ in architectural styles. Popular in the area are Mediterranean, Spanish, traditional, modern, and contemporary-inspired homes.

Compared to Inner Loop properties, Energy Corridor homes are more affordable while featuring the same comforts and options. Average per square foot is at around $184.99. Land price is at $39.87 per square foot in 2013, almost tripling over the past decade ($13.97 in 2004).

These numbers are projected to increase alongside the housing market boom. According to the CDS Market Research study, the housing market in the Energy Corridor is expected to rise by 35% through 2025.

Energy Corridor Townhomes Sale Trends

Townhomes in the Energy Corridor have standard floor plans that include 3 bedrooms and 3 baths. These properties have relatively smaller lot and floor areas, but some feature front and/or backyards.

Energy Corridor townhomes are quite affordable and more accessible to young families and professionals working in the district. Prices can range from $125,000 to $500,000.

Big property development companies have taken a special interest in the Energy Corridor, with some plans revolving around new townhomes. There are several townhomes and apartments currently under construction, estimated to be worth $217 million in total. These new construction projects include Grayco Townhomes, Grayco Apartments, Alexan Enclave, and Alliance Apartments.

The CDS report also indicated that around 1,500 units of townhomes and multi-family apartments will grow along Park Row.

Energy Corridor Condo Sale Trends

There are no high rise condos in Energy Corridor, but there condo units available in the surrounding areas including:

  • Camden Oak Crest Apartments
  • Tyif Park Condos
  • Newport on the Lake Apartments
  • Camden Park Apartments

To see other condos within the Inner Loop and the Memorial area, see: Inner Loop Houston Condos and Memorial Houston Condos.

Energy Corridor TX History

The Energy Corridor owes its name and its very existence to the energy companies within the district.

In the 1970s, Shell Oil Company and Conoco chose to build campus facilities and move their operations along Interstate 10. This was to accommodate both growing operations and additional employees. The move and development paved the way for other oil and gas companies to follow suit.

In 2001, the Texas State Legislature created the Energy Corridor District, otherwise known as the Harris County Improvement District #4, at the request of property owners.

It is a municipal management district that aims to promote public safety, to improve transportation and commuting solutions, and to further develop its standing as a key business district.

Thanks to its master planning and overall development, the Energy Corridor is one of the best places to work, visit, live, and invest in in West Houston.

Fun Things To Do Near Energy Corridor

The Energy Corridor features a mix of both work and play. It has several entertainment, retail, and dining establishments within the district and is adjacent to nearly 26,000 acres of urban park areas.

The district prides itself in having everything its residents need and want – from day spas to garden centers, and from small family owned gift shops to large retail giants. Its shopping and entertainment options extend beyond its borders as well, with The Katy Mills Outlet Mall and Memorial City Mall within minutes from the Energy Corridor.

Since the district advocates outdoor recreation and healthy living among its residents and visitors, there are a number of active lifestyle options available in the Energy Corridor.

The Addicks and Barker Reservoirs offer parks including Cullen Park, Bear Creek Park, and George Bush Park. The Terry Hershey Park, with winding trails connecting neighborhoods within the Corridor, has 11 miles of trails for walking, hiking, and cycling. The Energy Corridor has over 50 miles of trails in total.

Facilities for golf and tennis are also easily accessible within and around the district.

Dining in the Energy Corridor features a wide range of options from fine dining to fast food.

Must-visit places within Energy Corridor include:

Dining

  • Aka Japanese Cuisine
  • Bamboo Garden
  • Beck’s Prime
  • Bullritos
  • Chick-fil-A
  • Chipotle
  • Droubis Mediterranean Grill
  • Einstein Brothers Bagels
  • Five Spice Asian Cuisin
  • Jimmy John’s
  • Las Ventanas Restaurant & Cantina
  • Lomonte’s Restaurant
  • North China Restaurant
  • Poblano’s Mexican Grill

Parks

  • Terry Hershey Park
  • Nottingham Park
  • Beeler Memorial Pocket Park
  • Sergeant J.R. Hatch Park
  • George Bush Park
  • Cullen Park
  • Bear Creek Pioneers Park
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Nightlife

  • Next Door Bar and Lounge
  • G Bar
  • Watson’s House of Ales
  • Sporting News Bar & Grill
  • The Shakespeare Pub
  • Derrick Tavern
  • Coaches Sports Bar & Grill

Groceries

  • Kroger Food Stores
  • H-E-B
  • Randall’s Food & Pharmacy

Top Energy Corridor Realtor – Paige Martin

As featured on Fox News in the MorningHouston Business Journal and Houston Magazine, Paige Martin, a consistent Top Producing Broker-Associate and the owner of HoustonProperties.com, is ranked as one of the top residential real estate agents in the world.

Paige Martin’s Recent Awards:
– #1 Agent, Keller Williams, Memorial
– #1 Agent, Keller Williams, Texas
– #9 Agent, Keller Williams, United States

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