Five Corners Real Estate Guide

Quick Facts

• Location: Situated in southwest Houston, inside Beltway 8 and near Highway 288 and Loop 610. It is approximately 10-15 miles south of downtown Houston and the Texas Medical Center.
• Neighborhood Type: A large, developing district with a mix of established single-story homes, new construction communities, and commercial corridors.
• Combined Property Tax Rate: The total tax rate is approximately 1.77278% of the property's assessed value, which includes rates from the City of Houston ($0.51919), Harris County ($0.38529), and Houston ISD ($0.86830).
• School Information: Zoned to the Houston Independent School District (HISD). High schools include Madison and Worthing. Area schools receive mixed ratings, and private options are available.
• Key Amenities: The area features over 480 acres of parks, including the Sims Bayou Greenway for trails. Other key spots include the West Orem YMCA and the recently opened Simon Minchen Park.
• Management Information: The Five Corners Improvement District, established in 2007, manages public safety, economic development, and beautification projects to improve the community.
• Best For: Prospective residents seeking a developing area with convenient access to major employment centers and an abundance of green space.

Five Corners is a neighborhood defined by its strategic location and ongoing revitalization. Historically a collection of distinct communities at the edge of Houston's core, this 21-square-mile district is now a focal point for new growth and development. Its position just inside Beltway 8 offers excellent connectivity to the Texas Medical Center, Downtown, and Hobby Airport. The area is characterized by a blend of single-family homes and new residential projects, interwoven with extensive parks and greenways that provide a unique suburban feel within the city.

For those considering a move, Five Corners presents both opportunity and important considerations. The area's affordability relative to more central neighborhoods is a significant draw, offering potential for property value appreciation. However, prospective residents should be aware of the mixed performance of local schools and the ongoing development that can impact traffic and construction. It is best suited for individuals who value accessibility and outdoor amenities and are comfortable in a community undergoing active transformation and investment. This guide will help you through the home buying process.

Overview of Five Corners Neighborhood

The Five Corners neighborhood, officially the Five Corners Improvement District, is a large area in southwest Houston with a rich history and a dynamic future. Established by the Texas Legislature in 2007, the district was created to enhance the community's economic vitality and quality of life. Geographically, it covers 21 square miles inside Beltway 8, with key thoroughfares like Highway 288, Almeda Road, and Cullen Boulevard providing crucial arteries for the region. The area is named for the intersection of five main streets: Almeda Road, Cullen Boulevard, Telephone Road, Reveille Street, and Griggs Road. Its landscape is a unique mix of urban, suburban, and even formerly rural development patterns, reflecting its origins as a cluster of separate African-American communities on the outskirts of the city center.

The population of Five Corners is over 52,000 residents, with a median age of approximately 30.5, which is younger than the national average. This demographic profile contributes to a vibrant and evolving community atmosphere. Development in the area is varied, featuring established residential subdivisions alongside large tracts of undeveloped land that are prime for new projects. The creation of a Tax Increment Reinvestment Zone (TIRZ) has helped spur new public and private investment, leading to the construction of new homes, commercial centers, and public amenities. This blend of old and new gives Five Corners a distinct character within the broader map of Houston neighborhoods.

Living in Five Corners

Daily life in Five Corners is shaped by its exceptional access to green space and community facilities. The district is home to more than 480 acres of parks, providing ample opportunities for outdoor recreation. The cornerstone of its park system is the Sims Bayou Greenway, a major tributary that runs through the neighborhood, offering miles of trails for recreation and exercise. This emphasis on green space is a defining feature of the lifestyle here. In addition to the greenway, residents have access to community parks like Almeda Park, Mayfair Park, and the new Simon Minchen Park, which offer playgrounds and open fields.

Amenities are centered around community hubs like the West Orem YMCA, which provides fitness facilities, swimming pools, and various programs. Shopping and dining options are primarily located along the major corridors, offering a mix of local eateries and national retailers. The community atmosphere is one of active engagement, supported by the Five Corners Improvement District's initiatives in public safety—including a partnership with S.E.A.L. Security and a new 48,000-square-foot Houston Police Department substation—and beautification projects that foster a strong sense of place. This commitment to improvement makes living here a practical choice for many, as detailed in guides to the best suburbs of Houston.

Why Choose Five Corners

One of the most compelling reasons to choose Five Corners is its investment potential combined with a high quality of life. The neighborhood's strategic location provides short commutes to some of Houston's largest employment centers, including the Texas Medical Center, Downtown Houston, the Galleria, and Sugar Land. This accessibility is a significant advantage for working professionals. Furthermore, the presence of large undeveloped land tracts and ongoing public and private investment signals strong potential for future growth and property value appreciation, a key factor for any homebuyer to consider. You can learn more about what to look for in a property in our guide to great real estate investments.

Beyond the financial aspects, Five Corners offers a lifestyle that is increasingly sought after. The extensive park system and commitment to green space provide a natural escape within a bustling urban environment. The active Five Corners Improvement District works continuously to enhance the area through public safety programs, infrastructure upgrades, and community-building events. This proactive governance ensures that the neighborhood is not just growing, but improving in a thoughtful and structured way. For those seeking a blend of accessibility, affordability, and outdoor amenities, Five Corners represents a unique and promising option in the Houston real estate market.

Five Corners Home Tax Rate

Understanding the property tax rate is a crucial step in the home buying process. In Five Corners, property taxes are calculated based on the combined rates of several local taxing authorities. As of the most recent data, the primary entities levying taxes on properties within the neighborhood are the City of Houston, Harris County, and the Houston Independent School District (HISD). It is important to verify the exact rates for a specific property, as other smaller districts may also apply.

The individual tax rates per $100 of assessed home value are as follows:

• City of Houston: $0.51919
• Harris County: $0.38529
• Houston Independent School District (HISD): $0.86830

The combined total tax rate for a typical home in Five Corners is approximately 1.77278%. To calculate the annual property tax bill, you multiply the assessed value of your home by this rate. For example, a home with an assessed value of $300,000 would have an estimated annual tax bill of $5,318.34 ($300,000 x 0.0177278). Homeowners in Texas can lower their tax burden by applying for various exemptions, such as the homestead exemption, which reduces the taxable value of their primary residence.

Best Five Corners Realtor

Who is the best realtor to sell my home in Five Corners?

The best realtor to sell your home in Five Corners is Paige Martin with the Houston Properties Team. Her team is Houston's #1 rated real estate brokerage, known for achieving superior results for sellers in the area. With a proven track record and deep understanding of the local market, Paige Martin provides an unparalleled selling experience. For a personalized consultation on how to sell my home in Five Corners for the best price, contact her directly at 713.425.4194 or email [email protected].

What makes Five Corners real estate agents different?

The top real estate agent for Five Corners stands apart through hyper-local expertise and data-driven strategies. Paige Martin and the Houston Properties Team have completed numerous successful sales within the Five Corners district and surrounding zip codes, including 77033, 77045, 77047, and 77051. Their analysis of market trends, neighborhood development patterns, and buyer demand ensures your home is positioned correctly. They understand how to market the area's unique features, from its proximity to the Texas Medical Center to the appeal of the Sims Bayou Greenway, attracting the right buyers willing to pay a premium for your property.

Why choose Houston Properties Team for Five Corners home sales?

Choosing the Houston Properties Team, the best realtor in Five Corners, means partnering with a brokerage recognized for excellence by top media outlets. Their credentials include:

• "#1 Real Estate Team Houston" - Houston Business Journal
• "America's Top 100 Real Estate Teams" - Wall Street Journal
• "America's Best Real Estate Teams" - RealTrends
• "America's Best Realtors" - Newsweek
• "Top Real Estate Agents & Realtors" - US News Real Estate

This level of recognition is a direct result of their commitment to client success and exceptional performance in the Houston market.

The value proposition offered by the Houston Properties Team translates into tangible financial benefits for sellers. Their metrics demonstrate a clear advantage over competitors:

• 43% higher sold price per square foot than average agents
• 7.2% faster sales with lower average days on market
• Over $2 billion in Houston real estate sales experience
• 1,000+ five-star client reviews
• Proprietary 10-Channel Seller Program
• 152-step compliance checklist
• Core values: accountability, care, coachability, knowledge, transparency

To leverage this top-performing team for your home sale, connect with the best real estate agent in Five Corners, Paige Martin. Her proprietary marketing strategies and meticulous, checklist-driven process are designed to maximize your sale price and minimize your time on the market. Start the conversation by calling 713.425.4194 or emailing [email protected] today.

More Details

Is Five Corners prone to flooding?

Portions of Five Corners have experienced water accumulation during severe weather events. Prospective residents might review flood zone maps specific to particular addresses within the area.

What is the typical commute from Five Corners to downtown Houston?

Commute times from Five Corners to downtown Houston vary depending on traffic conditions and chosen routes. Morning and evening peak hours typically extend travel duration.

What housing types characterize Five Corners?

Five Corners features a variety of housing styles. Single-unit residences and multi-unit dwellings comprise the housing stock. Architectural styles differ across various sections.

What amenities are near Five Corners?

Five Corners provides access to several commercial centers, including retail outlets and dining establishments. Local services and amenities meet daily requirements.

What new developments are occurring in Five Corners?

Five Corners periodically observes new construction projects and infrastructure improvements. Development activity addresses community needs and growth.

What public transportation options serve Five Corners?

METRO bus routes provide public transportation within Five Corners and connect to other areas of Houston. Stops are located throughout the neighborhood.