Energy Corridor Houston TX Real Estate Guide
Home to several Fortune 500 firms, The Energy Corridor offers a great lifestyle for residents.
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:
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 and 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.
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.)
West of Energy Corridor
North of Energy Corridor
East of Energy Corridor
South of Energy Corridor
The Energy Corridor is served by three different school districts: the Houston ISD, the Katy ISD, and the Spring Branch ISD.
Energy Corridor is also home to excellent private schools. Listed below are some of them:
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 [email protected] 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.
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 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 [email protected].
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 price per square foot is 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.
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 that are newly built or currently under construction, estimated to be worth $217 million in total. These 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.
To see other condos within the Inner Loop and the Memorial area, see: Inner Loop Houston Condos and Memorial Houston Condos.
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.
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.
Residents in the Energy Corridor enjoy a wide range of dining options, from fine dining to fast food.
Must-visit places within Energy Corridor include:
As featured on Fox News in the Morning, Houston Business Journal and Houston Magazine, Paige Martin, a consistent Top Producing Broker-Associate and head of the Houston Properties Team, is ranked as one of the top residential real estate agents in the world.
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