Houston Condo Guide: Compare ALL Condos In Houston
Houston’s skyline is adorned with a mix of established luxury high-rises, converted loft buildings, boutique mid-rises, and condominium complexes. The city is home to more than 115 residential high-rise and mid-rise condos.
Condo living is becoming very popular. Next-door living to the city’s best “work-and-play” establishments, lock-and-leave lifestyle, security and full-service amenities are just some of its main benefits.
Buying a condo in Houston can be very challenging due to the sheer variety of options available.
While Houston is in the midst of a new construction boom (contact us to see which buildings have been put on hold), resaleability, location, building amenities (in relation to its HOA fees), condo appreciation rates, and more continue to be key factors condo buyers should watch.
See all Houston condos by:
- Houston Condos by Neighborhood
- Luxury Houston Condos
- New Construction Houston Condos
- Houston Condos by Price Point
- Houston Condos by HOA Fees and Amenities
- Houston Condos and Highrises Overview
“Paige Martin and her team are highly experienced and very knowledgeable. The HoustonProperties.com team made our buying experience an enjoyable one, not only for us, but for our daughter, son-in-law and several of our friends. We have bought and sold many houses, and they have been the best realtors we have ever worked with. We highly recommend Paige and her team.”
If you’d like to see any specific condo units or learn about residential buildings that are best for you, please contact Paige Martin at [email protected]es.com, ranked #1 Individual Agent with Keller Williams in Houston and #9 in the United States.
Most Popular With My Clients
The following Houston condos most frequently show up on my clients’ showing list due to: location, price point ($250k-$750k), services, “reasonable” maintenance fee, and historical ability to hold value.
- Downtown Houston: Bayou Lofts, Franklin Lofts, Hermann Lofts, St Germain Lofts, Rise Lofts, The Edge
- Inner Loop: Royalton At River Oaks, The Huntingdon, Greenway Plaza, 2520 Robinhood
- Galleria / Tanglewood: Four Leaf Towers, Montebello, Briarglen, Lofts at Post Oak, The Manhattan
Most Expensive / Most Luxurious Houston Condo Buildings
The following buildings are known for top-tier service, amenities, reputation and location:
Lease Only Buildings
If you’re considering buying a condo in Houston, make sure that you’re aware of the monthly homeowner association (HOA) fees, their true costs, the benefits you get from being a resident, and the success themes quality buildings share.
It’s also important to note that HOA fees have an impact on financing, as banks will require you to pay both HOA fees and taxes on time (they don’t like 3rd party senior liens). Taxing authorities and homeowners associations can place a lien on your condo unit if you don’t pay their bills.
As such, high HOA fees can become an issue once you resell. Historically, older buildings (from the 1960s to 1980s) have higher fees, mostly due to several amenities, and limited energy efficiency. Some of these buildings also have residents share utilities like electricity.
Below, we’ve presented HOA fee trends by building age, Houston neighborhood, and those high-rises who have a pool versus those that don’t.
There are three critical factors to consider when buying a condo in Houston: the building’s resale history, the building’s median sale price, and the building’s unique personality and atmosphere.
It’s also important to take note of the building’s 10-year and 5-year sales performance, as it’s important to understand how a particular building performed during a downturn.
With over 100 residential buildings from which to choose, buyers should be wary about where to place their investments. Not all Houston condos have performed well over the years.
Some buildings are fantastic, well-managed, have great staff, have solid reserve accounts and consistent demand.
By contrast, some buildings suffer from high HOA fees (despite limited amenities), inconsistent management, and have a spotty appreciation track record.
Below, you’ll see the five and ten year median sale price appreciation (or depreciation) rates from many of Houston’s luxury buildings.
Condos vs. Townhomes or Single-Family Homes
When you buy a townhome or a single family home, you own the land (from the center of the earth to infinity above) plus the structure.
When you buy a condo, you’re buying airspace and have shared ownership of common use areas.
As such the Texas Real Estate Commission (TREC) promulgates a separate contract for condos because they are a different entity.
It’s important to use a mortgage broker and realtor who is familiar with condo transactions to help you navigate the buildings, association rules and restrictions, potential deferred maintenance issues at that location, historical trends in that building, resale potential, unique financing requirements and closing process for condos.
Primary Benefits of Living in a Houston Condo
- Lock-and-leave lifestyle. The lock-and-leave lifestyle is becoming quite popular as it usually entails no yard work, roof repair, building or grounds maintenance.
- Easy accessibility. Houston condos are typically located within the city’s hottest neighborhoods, which means condo residents are usually mere steps away from bustling dining, entertainment, and retail centers, business districts, and main roads and freeways.
- Security. Many residential buildings in Houston offer 24-hour staff and security, controlled entrances, secure parking, and security cameras.
- Building amenities. Building amenities vary, but many luxury high-rises offer tennis courts, swimming pools, saunas, theater rooms, fitness centers, rooftop decks, and more.
- Full-service amenities. Houston’s most expensive condos can offer white-glove service: concierge, porter, and valet services; trash and dry cleaning pick-up, shuttle services, and others.
- Like-minded neighbors. Living in a Houston high-rise offers a great way to meet like-minded people. Many condos have “resident committees” and social groups that arrange events and gatherings.
Primary Drawbacks (compared to Houston Townhomes or Houston Single Family Homes)
- Monthly maintenance fees. Staff and amenities are great but come with a fee. Monthly maintenance fees pay for shared expenses. Be sure to weigh the costs versus benefits before you buy a condo and be wary of certain buildings that have large deferred maintenance issues.
- Neighbors. Neighbors can turn into great friends. There are however, some people who aren’t good neighbors. Look for condos with good soundproofing (and/or limited units per floor).
- Converted units. Be wary of buildings that were originally built as apartments as the quality of construction can be inferior.
- Associations. Residents elect a Board of Directors to manage the building’s business and to establish and enforce building policies. Condo residents are part of a community, subject to community guidelines and restrictions. Knowing the guidelines before buying is imperative (especially if you have pets).
A great Houston condo Realtor can help guide you with reviewing maintenance fees and building policies.
BENEFITS OF WORKING WITH
The HoustonProperties TEAM
The Houston Properties Team has a well-defined structure based on the individual strengths of each member.
We find a team approach as the most effective way to sell homes. We have dedicated people doing staging, marketing, social media, open houses and showings. Each Houston Properties Team member is a specialist in their role – which is why our homes sell faster and for more money than average.
The benefits of working with a team include:
- Ability to be in 2 or 3 places at one time: a member can handle showings, while another answer calls.
- Collective time and experience of members.
- Targeted advise and marketing of agent expert in your area.
- Competitive advantage by simply having more resources, ideas, and more perspectives.
- A “Checks and Balances” system. Selling and buying a home in Houston is an intensely complex process.
- More people addressing field calls and questions from buyers and agents to facilitate a faster successful sale.
- Efficient multi-tasking: One agent takes care of inspections and/or repair work, while another agent is focused on administrative details.
- Multiple marketing channels using members’ networks.
- Constant attention: guaranteed focus on your home and your transaction.
- Lower risk for mistakes. Multiple moving parts increase oversights. A team approach handles these “parts” separately.
- Flexibility in negotiation and marketing.
- Better management of document flow.
- Increased foot traffic through more timely and effective showing schedule coordination.
- Increased Sphere of Influence and exposure to more potential buyers.