EaDo Homes For Sale Under $400k
EaDo is an up-and-coming neighborhood located east of Downtown Houston.
Recent commercial developments, notably the Houston Ship Channel and BBVA Compass Stadium, have generated construction of numerous apartment complexes, townhomes, and midrise residential lofts.
Located minutes from Downtown Houston, EaDo is also one of the 10 most accessible Houston neighborhoods.
Formerly known as Old Chinatown, EaDo is in the midst of reinvention as a trendy district. It has a growing art and nightlife scene, with a variety of entertainment options in and around the community.
Aside from the new BBVA Compass Stadium, The Minute Maid Park and the Toyota Center are also just minutes away. The Texas Medical Center, Uptown, the Houston Ship Center, and the Greenway Plaza are also easily accessible from East Downtown.
EaDo still has plenty of home options under $400,000. Since most of the area is still in-development, properties are still more affordable when compared to other hot real estate markets in the Loop.
For questions, advice, EaDo Houston real estate recommendations, or off-market MLS listings, contact Paige Martin, head of the Houston Properties Team and rated as the best Keller Williams Memorial realtor for the last four years.
EaDo Houston Resources:
- EaDo Neighborhood Guide
- Most Expensive EaDo Homes For Sale
- EaDo Townhomes For Sale
- EaDo Houston Maps
- Houston Neighborhoods Guide
For more information on available EaDo homes for sale call Paige Martin at 713-384-5177 or email Paige@HoustonProperties.com
EaDo Houston: Neighborhood Guide
East Downtown is a 213-acre district that sits on the northeast intersection of Gulf and Eastex freeways. Union Pacific railroad tracks that run from Commerce to Cullen define the district’s borders on the east.
Much of the district’s history stems from the East Asian immigrants that established businesses and temples there. In the 1990s though, the Chinese and other East Asian immigrants moved their businesses to the current Chinatown, located in southwest Houston.
Recent developments, like the BBVA Compass Stadium and the new MetroRail line, have revitalized and encouraged growth in the district.
Old warehouses that earned East Downtown the nickname “Warehouse District” are now being converted into office and retail spaces. New residential projects, including single-family homes and townhomes, are also on the rise in parts of EaDo.
Appreciating real estate is a testament to the district’s rapid growth. Price per square foot has increased by 149% in ten years, from $53 in 2004 to $132 in 2013.
Neighborhoods near EaDo Houston include: Downtown Houston, Second Ward, Third Ward, East End, Fifth Ward, Greater Heights, Northside Village, Magnolia Park, Rice Military, River Oaks, Midtown, and Montrose.
EaDo Real Estate Trends
About 10 years ago, a community of artists set up shop in East Downtown, turning the district’s old warehouses into galleries and living spaces. This young and hip new crowd, in part, was responsible for attracting startups and businesses to the district. They even inspired the district’s trendy EaDo nickname.
Recent commercial developments in East Downtown Houston provided a necessary push toward the district’s redevelopment. Real estate prices reflect this resurgence – median sale price increased by 17% from $223,090 in 2012 to $260,775 in 2013.
Prices per square foot has increased dramatically over the last 10 years, a whopping 149% from 2004 to 2013. The number of homes sold is also on the rise, though like the rest of Houston, inventories are tight. On average, homes stay on the market for 19 days. Some properties never get listed.
EaDo Houston Realtor – Paige Martin
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 head of the Houston Properties Team – is ranked amongst the very top Keller Williams agents in the Houston area.
Paige is ranked as one of the top realtors in East Downtown Houston, and the state of Texas. Read more about the over 65 awards she’s won in the last few years.
Paige works with a tremendous number of buyers and sellers within the Inner Loop.
For a specific recommendation of neighborhoods, homes or properties based upon your personal style, goals & price point, please contact Paige Martin, head of the Houston Properties Team & Broker Associate at Paige@HoustonProperties.com or 713-384-5177.