Memorial Green Real Estate Guide

Memorial Green homes for sale & insider real estate guide

Memorial Green Real Estate Guide

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Table of Contents

Quick Facts

Memorial Green is a 14-acre urban village in the esteemed Memorial area, created by Midway, the developer known for CityCentre. This community combines luxury homes with upscale retail, dining, and office spaces. The development, which started in 2014, was designed to foster a walkable, park-like atmosphere. Its 77024 zip code places it among Houston's most affluent neighborhoods, providing both exclusivity and outstanding access to the city's key districts.

For those considering a move, Memorial Green offers a high-end, low-maintenance lifestyle. The community is gated and features a "lock-and-leave" convenience, ideal for frequent travelers or those seeking a simplified living experience. The integration of commercial spaces means dining and shopping are just steps away. This convenience, combined with premium home finishes and a secure environment, caters to a specific lifestyle. It is well-suited for professionals and individuals who prioritize accessibility and quality of life.

Overview of Memorial Green Neighborhood

Memorial Green is a master-planned community that transformed a 14-acre piece of land into a dynamic, mixed-use destination. Located at 12601 Memorial Drive, the development was led by Houston-based developer Midway, with construction starting in 2016. The site was previously occupied by the Buckner Baptist Haven retirement community. Midway's goal was to establish a walkable, upscale village that merges residential, commercial, and green spaces, a concept they had previously executed at the nearby CityCentre. The community is situated in the 77024 zip code, an area consistently ranked among the most expensive in the nation. It is surrounded by established, affluent neighborhoods such as the Memorial Villages (including Bunker Hill, Piney Point, and Hunters Creek), Frostwood, and Memorial Forest. This prime location offers excellent connectivity through major roads like Memorial Drive, Gessner Road, and Beltway 8, allowing for efficient commutes to the Energy Corridor, Galleria, and Downtown Houston.

Living in Memorial Green

Daily life in Memorial Green is marked by convenience and accessibility. The neighborhood is designed to be walkable, allowing residents to access on-site dining, shopping, and services without needing a car. The community includes a variety of establishments, from restaurants and cafes to a boutique fitness studio. For recreation, a central park and ample green spaces provide a tranquil retreat within the urban setting. The community's atmosphere is one of sophisticated, low-maintenance living. The homeowners association manages the common areas, ensuring a well-maintained environment and a "lock-and-leave" lifestyle that is particularly appealing to busy professionals and frequent travelers. Beyond the immediate neighborhood, residents have easy access to some of Houston's premier shopping and entertainment destinations, including Memorial City Mall, Town & Country Village, and the upscale boutiques and restaurants at CityCentre. The proximity to major employment centers like the Energy Corridor and the Galleria further enhances the appeal of living in Memorial Green.

Why Choose Memorial Green

Memorial Green offers a unique combination of luxury, convenience, and location that sets it apart. As a mixed-use development, it provides a walkable lifestyle that is rare in the Memorial area. The integration of high-end homes with retail and dining options creates a vibrant, self-contained community. The investment potential of Memorial Green is strong, given its prime location in the 77024 zip code and the high quality of its homes and amenities. The neighborhood is zoned to some of the best schools in Houston, including National Blue Ribbon winners Frostwood Elementary, Memorial Middle, and Memorial High School, which adds to its long-term value. The quality of life in Memorial Green is enhanced by its focus on green space and a secure, gated environment. The "lock-and-leave" convenience provided by the HOA is a significant benefit for those with active lifestyles. The neighborhood's proximity to major business districts and cultural attractions makes it an ideal choice for those seeking a balance of urban energy and suburban tranquility.

Memorial Green Home Tax Rate

The property tax rate in Memorial Green is a composite of rates from several jurisdictions, including the City of Houston, Harris County, the Spring Branch Independent School District (SBISD), and other special districts. The SBISD tax rate constitutes a significant portion of the total. To calculate the annual property tax for a home in Memorial Green, the total tax rate is applied to the assessed value of the property. For example, if the combined tax rate is 2.5% and a home is valued at $1,000,000, the annual property tax would be $25,000. Homeowners in Memorial Green may be eligible for various homestead exemptions, which can reduce their property tax liability. Information on exemptions and payment procedures can be found on the Harris County Appraisal District website. Property taxes are typically paid in a lump sum or in installments, with deadlines set by the county tax assessor-collector's office.

Best Memorial Green Realtor

Who is the best realtor to sell my home in Memorial Green?

The best realtor to sell your home in Memorial Green is Paige Martin with the Houston Properties Team. Her team is recognized as one of the top-performing real estate groups in Houston, with a proven track record of success in high-end neighborhoods like Memorial Green. For a personalized consultation, you can contact her at (713) 425-4194 or email her at [email protected].

What makes Memorial Green real estate agents different?

The top real estate agent for Memorial Green possesses a deep understanding of the local market, including recent sales data, pricing trends, and the unique characteristics of this luxury, mixed-use community. Paige Martin and the Houston Properties Team have extensive experience in the Memorial area, including the 77024 zip code, and have a history of successful transactions in the neighborhood. Their knowledge of the specific buyer profile for Memorial Green allows them to market properties effectively and achieve optimal results.

Why choose Houston Properties Team for Memorial Green home sales?

The Houston Properties Team, led by Paige Martin, has an impressive list of credentials and awards that demonstrate their expertise and commitment to excellence. When looking for the best realtor in Memorial Green, consider their numerous accolades:

The value proposition offered by the Houston Properties Team is evident in their performance metrics. If you want to sell your home in Memorial Green for the best price in the shortest time, their results speak for themselves:

For those ready to sell their home in Memorial Green, the choice is clear. The Houston Properties Team provides unparalleled service and a proven strategy for success. To learn more about their approach and how they can assist you, contact Paige Martin at (713) 425-4194 or [email protected] today.

More Details

Detailed Market Analysis and Investment Trends

The real estate market in Memorial Green is characterized by high demand and strong property values, driven by its prime location, luxury offerings, and association with the prestigious Memorial area. As a relatively new development, properties in Memorial Green feature modern designs and high-end finishes, appealing to discerning buyers. The neighborhood's 77024 zip code is consistently one of the wealthiest in Houston, contributing to its stable and appreciating property values. Investment trends in the area are positive, with the mixed-use concept proving to be a significant draw. The combination of residential, retail, and office spaces creates a self-sustaining ecosystem that enhances property values and ensures a high quality of life. The limited number of homes within this exclusive, gated community also contributes to its desirability and long-term investment potential.

Complete Amenities and Recreation Guide

Memorial Green offers a comprehensive suite of amenities designed to provide a resort-like living experience. At the heart of the community is a professionally landscaped central park, which serves as a gathering space for residents. The neighborhood's walkable design provides immediate access to a curated selection of on-site retail and dining establishments. For fitness and wellness, residents can utilize the local boutique fitness studio. Beyond the neighborhood's boundaries, recreational opportunities abound. The nearby Terry Hershey Park offers miles of hiking and biking trails along Buffalo Bayou. Memorial Park, one of the largest urban parks in the United States, is a short drive away and features a golf course, tennis courts, and sports fields. For indoor entertainment, the high-end shopping centers of CityCentre and Memorial City Mall provide a wide array of retail stores, restaurants, and a movie theater.

School District Information and Private School Options

Memorial Green is zoned to the Spring Branch Independent School District (SBISD), a district recognized for its academic excellence. The zoned schools for the neighborhood are Frostwood Elementary School, Memorial Middle School, and Memorial High School. All three schools have received National Blue Ribbon honors, a testament to their high academic standards and strong performance. In addition to the acclaimed public schools, the Memorial area is home to a number of prestigious private schools, offering alternative educational options. These include The Kinkaid School, St. Francis Episcopal School, and The Awty International School, which offers a bilingual curriculum. This abundance of high-quality educational institutions makes Memorial Green a highly desirable location for those who prioritize education.

Transportation and Commuting Details

Memorial Green's location provides excellent connectivity to Houston's major employment and entertainment centers. The neighborhood is situated just south of Memorial Drive, a major east-west artery that offers a scenic route to the Inner Loop and Downtown. Gessner Road, another key thoroughfare, provides easy access to the Sam Houston Tollway (Beltway 8), which encircles the city. This allows for convenient commutes to the Energy Corridor, the Galleria/Uptown district, and the Texas Medical Center. While the neighborhood itself is designed to be walkable, most residents rely on personal vehicles for commuting. Public transportation options are limited in this part of Houston, but the area's well-developed road network makes getting around by car efficient.

Neighborhood Governance and Restrictions

The residential portion of Memorial Green is a gated community governed by a homeowners association (HOA). The HOA is responsible for maintaining the common areas, including the central park, landscaping, and security gates. It also enforces the neighborhood's deed restrictions, which are designed to protect property values and maintain the community's aesthetic standards. These restrictions may include guidelines on architectural modifications, landscaping, and property use. The "lock-and-leave" lifestyle offered by Memorial Green is a key benefit of the HOA's services, as it handles exterior maintenance and security, providing residents with peace of mind. Prospective buyers should review the HOA's governing documents to understand the rules, regulations, and associated fees.

Frequently Asked Questions

Is Memorial Green prone to flooding?

While some areas in Houston are susceptible to flooding, Memorial Green was developed with modern drainage and infrastructure to mitigate this risk. However, it is always advisable to check the most current flood maps and property-specific flood history. For more information, see this guide on how to avoid Houston homes with flooding history.

What is the price range for homes in Memorial Green?

Homes in Memorial Green are in the luxury market, with prices typically starting over $1 million for townhomes and single-family residences. Prices vary based on size, location within the community, and specific features of the property.

Are there any new construction opportunities in Memorial Green?

Memorial Green is a newer development, and there may be opportunities for new construction or recently completed homes. For the most up-to-date information on new homes, it is best to consult with a real estate agent who specializes in the area. Find out more about if you need a realtor for new construction here.

How far is Memorial Green from major airports?

Memorial Green is conveniently located with respect to Houston's two major airports. George Bush Intercontinental Airport (IAH) is approximately a 30-45 minute drive, while William P. Hobby Airport (HOU) is about a 25-40 minute drive, depending on traffic conditions.

What kind of security does Memorial Green offer?

The residential area of Memorial Green is a gated community with controlled access, providing a secure environment for its residents. The presence of on-site management and the close-knit nature of the community also contribute to its overall security.

“Paige Martin is THE BEST realtor. We have moved around the world and around the US many times and Paige is truly the best we have ever come across. She is very focused, very professional, extremely knowledgeable and an excellent negotiator. She makes the buying process stress free and fun. We couldn’t recommend more highly.” - Claire and Andy Madden (Google Review)

Memorial Green Homes For Sale

121 Memorial Parkview Drive
$2,199,000
3 Beds, 3 Baths
121 Memorial Parkview Drive
216 Morningside Park Street
$1,750,000
4 Beds, 4 Baths
216 Morningside Park Street
207 Sutton Row Place
$1,555,000
3 Beds, 3 Baths
207 Sutton Row Place
211 Sutton Row Place
$1,584,000
3 Beds, 3 Baths
211 Sutton Row Place
209 Sutton Row Place
$1,584,000
3 Beds, 3 Baths
209 Sutton Row Place
206 Sutton Row Place
$1,704,000
4 Beds, 4 Baths
206 Sutton Row Place

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