Guide To Rice Military Houston Homes, Neighborhood And Real Estate Trends
Rice Military is an exciting neighborhood with over 2,000 homes located just west of Downtown Houston. Rice Military is bordered by Westcott on the west, Shepherd/Durham on the east, Washington on the north, and Buffalo Bayou on the south.
Rice Military is right at the heart of Houston’s Inner Loop. The neighborhood is also 5-10 minutes away from exciting Houston hubs namely Downtown Houston, Memorial Park, Montrose, Galleria and Museum District.
The Rice Military neighborhood is “an area of transition”, meaning real estate is still affordable but projected to increase due to its location and community development.
It is one of the few Houston neighborhoods 5-10 minutes of Downtown Houston with homes in the $500,000 price point.
At 33%, The Rice Military neighborhood had one of the best appreciation rates in Houston over the last 10 years. Homes also continue to sell well, netting a 10-year growth of 142% last year.
Rice Military has a Walk Score of 75 of 100 (a “Very Walkable” ranking).
Rice Military Resources (Popular Topics)
- All Rice Military Homes For Sale
- Rice Military Townhomes for Sale
- Rice Military Patio Homes for Sale
- Rice Military Condos for Sale
- Houston Rice Military Neighborhood Profile
- Rice Military maps and location
- Fun things to do in Rice Military
- Neighborhoods near Rice Military
- Rice Military history
- Rice Military schools
- Rice Military real estate trends
- Single-family home sale trends
- Townhome sale trends
- Condo sale trends
- Paige Martin – Rice Military Homes Realtor
Located in the geographical center of Houston’s Inner Loop, Rice Military is an exciting and active neighborhood with over 2,000 homes.
Rice Military is flanked by Westcott on the west, Shepherd/Durham on the east, Washington on the north, and Buffalo Bayou on the south.
About 5-10 minutes away from Houston hubs Downtown Houston, Galleria and Museum District. Rice Military is also known for its lush foliage and numerous hike and bike trails that make incredible use of nearby Buffalo Bayou.
About two decades ago, Rice Military homes consists of mostly bungalows and shotgun homes (narrow rectangle-shaped properties). 2003 saw a boom in development of new construction homes such as single-family houses and townhomes.
Today Rice Military features older, renovated homes and new construction properties ranging between $300,000 to well over $1,000,000 in price.
The Rice Military neighborhood has one of the highest “Walkable” rating in Houston. With a score of 75 over 100, WalkScore.com rates Rice Military as “Very Walkable”.
With restaurants, bars, cafes, and retail stores all over Rice Military, Walkscore.com notes that “most errands can be accomplished by foot”. Yelp.com has over 500 rated establishments in the area. Some of the most popular include:
- The Blue Fish (Sushi Bar) at 5820 Washington Ave
- Benjy’s (American breakfast and brunch) at 5922 Washington Ave
- Memorial Park Vision (clinic) at 5535 Memorial Dr
- El Rey Taqueria (Mexican and Cuban restaurant) at 910 Shepherd Dr
- Max’s Wine Dive (Wine Bar, American cuisine, Music Venue) at 4720 Washington Ave
- Polovina Italian Cafe (Italian restaurant and cafe) at 4500 Washington Ave
- BRC Gastropub (Gastropub) at 519 Shepherd Dr
- Soma (Japanese Sushi Bar) at 4820 Washington Ave
Rice Military has numerous parks throughout the neighborhood. Memorial Park is only 5 minutes away. Rice Military homeowners are only a few minutes away from biking trails, picnic destinations, and scenic jogging trails. Some of the parks within and near Rice Military include:
- Nellie Keyes Park at Rose St
- Buffalo Bayou “Dog Park” at 6000 Chimney Rock Rd
- Spotts Park at 401 S Heights Blvd
- Memorial Park at 6501 Memorial Dr
- Boneyard Dog Park & Drinkery at 8150 Washington Ave
- Houston Arboretum & Nature Center at 4501 Woodway Dr
- The Lee and Joe Jamail Skatepark at 103 Sabine St
- Discovery Green at 1500 McKinney St
- Market Square Park at 301 Milam St
- Camp Logan
- Memorial Park
- Houston Heights
- River Oaks
- Upper Kirby
- Briar Hollow
- East Downtown
Other popular neighborhoods within a 5-10 minute drive include Memorial, Downtown Houston and River Oaks.
The “Rice” in Rice Military came from the surname of the wealthy family that used to own the area. William M. Rice (of the same family) even left a good part of his fortune for the founding of Rice University in Houston Texas.
The “Military” part, on the other hand, came from nearby Camp Logan. Camp Logan is a former training camp for soldiers during the First World War.
Bankers Trust Co. later on paid a sum of $54,425 to the Rice family and another party for the entire Rice Military area. The same company initiated the real estate development for Rice Military.
About 20 years ago, most of the homes in Rice Military Houston are bungalows and shotgun-type houses. An influx of Downtown Houston professionals looking for low-priced properties started purchasing Rice Military homes around 2003. The growing demand paved the way for renovation of older homes and construction of more modern single-family houses and townhomes.
Today Rice Military is a neighborhood of over 2,000 homes managed by a very active homeowners/civic group.
Homes range between traditional patio and bungalow homes to more modern single-family houses and townhomes.
The Houston Independent School District (HISD) serves Rice Military. The public schools associated with homes in Oak Forest include:
- Memorial Elementary School
Memorial Elementary School has a “Recognized” standing from Texas Education Agency (TEA). GreatSchools.org notes the school’s 4 out of 5 stars rating. It also has a 6 out of 10 academic score, highlighted by its Grade 3 pupils testing 93% and 100% in Math and Reading. Both are well above the state average.
- Hogg Middle School
Hogg Middle School carries an “Academically Acceptable” TEA rating. Greatschools ranked it 5 out 10, with its students’ test scores hovering around the state average.
- Lamar HighSchool
TEA rates Lamar High School as “Recognized”. Lamar High School currently has the biggest number of students who graduate with the IB Diploma in Texas.
The International Baccalaureate Diploma Programme (IBDP) is a two-year educational programme primarily aimed at students aged 16–19. It serves as a qualification for entry into higher education.
Rice Military Private Schools
Notable private schools within a 10-15 minute drive of Rice Military include:
- St Thomas High School (High School – Catholic)
- St Theresa School (Preschool, Elementary, Middle – Catholic)
- Trinity Lutheran School (Preschool, Elementary, Middle – Private)
To find an updated listing of all Rice Military real estate zoned to any specific public school, please email Paige Martin at Paige@HoustonProperties.com with the property type and budget that you’re looking for.
*Note: school zoning can change from year to year, information above is deemed accurate, but not guaranteed. Please double check.
Rice Military homes vary from traditional bungalows and patio homes to more modern single-family and townhomes. The median appraised value of Oak Forest homes is around $330,000 to $380,000, but some properties sell in the neighborhood of $250,000 to $900,000.
Rice Military homes for sale have undergone significant appreciation rates over the last 10 years. 2003’s median sales price has increased by 33% after just 10 years. Rice Military homes also continue to sell well, netting a 142$ ten-year increase in total units sold.
(Data sourced from the Houston Association of Realtors Multiple Listing Service and is deemed reliable but is not guaranteed).
For an updated Rice Military real estate pricing or trend analysis, please contact Paige Martin at Paige@HoustonProperties.com.
Rice Military homes are mostly new construction single-family properties with a neighborhood value range of $268,000 to $437,000. The average home size is 2,372 square feet with the average number of bedrooms and baths at 2.81 and 2.35 respectively.
Rice Military single-family homes are among the best selling real estate in Houston. The number of homes sold more than doubled between 2003 to 2012.
Last year’s home sales also jumped 142% – one of the highest in Houston.
Most of the homes in Rice Military were built in the 1950s. Much like other neighborhoods near or within Houston’s Inner Loop, Rice Military went through a shift in home architecture during the 1990s to early 2000.
Many Downtown Houston professions started buying old properties 10 years ago. They proceeded to either renovate homes or demolish them in favor of more modern housing. Developers have also started large-scale housing projects focused on new construction homes.
Rice Military remains one of the few Inner Loop Houston neighborhoods with homes available in the $300,000 – $500,000 price point. Young professionals and empty nesters put a high premium to its close proximity to Houston hubs such as Downtown Houston, Galleria, and Museum District.
Median lot size of Rice Military homes is at 2,500 square feet. The medium-size lots best fit townhomes development.
Many developers have purchased lots in Rice Military and begun construction on new townhomes. The most common Rice Military townhomes for sale are in the $280,000 to $500,000 range. Townhomes prices depend on the property’s lot size, style, and exact location.
Biggest difference between townhomes and single-family homes is that townhomes share a wall with one or more neighbors. However, similar with single-family homes, you still own the dirt from the center of earth to infinity.
Houston townhomes have become very popular as a cost-effective alternative to single-family homes or condominiums.
Residential mid- and highrises are commonly found in the main Houston districts of Downtown Houston, River Oaks and Galleria. All three neighborhoods are about 10-15 minutes from the Rice Military neighborhood.
- Commerce Towers
- Four Seasons Residence
- Bayou Lofts
- Franklin Lofts
- Hermann Lofts
- St Germain Lofts
- Rise Lofts
- The Edge
- Villa D’Este
- Four Leaf Towers
- The Mark
- The Empire
- The Manhattan
- Lofts at Post Oak
Rice Military is also right next to Memorial Park. Memorial Park condos include:
As featured on Fox News in the Morning, the Houston Business Journal, Houston Chronicle, and Houston Magazine, Paige Martin – a consistent Top Producing Broker-Associate and the owner of HoustonProperties.com – is ranked amongst the very top Keller Williams agents in the Houston area.
Paige was named the #1 Ranked Individual Agent in the Keller Williams Memorial Office for 2012, 2011 and 2010. She has been a consistent top producing agent, winning awards every year since 2007.
Paige works with a tremendous number of buyers and sellers in Rice Military.
For a specific recommendation of neighborhoods, homes or properties based upon your personal style, goals & price point, please contact Paige Martin, Owner of HoustonProperties.com & Broker Associate at Paige@HoustonProperties.com or 713-384-5177.