Parkway Terrace Houston | Parkway Terrace Homes For Sale

Parkway Terrace Houston Real Estate

One of Houston’s Best Gated Communities, Parkway Terrace is an upscale subdivision popular for its great schools, luxury homes, and excellent accessibility.

The upscale gated community of Parkway Terrace covers a 315-acre area just east of George Bush Park. It is made up of around 800 luxury homes and townhomes.

Parkway Terrace homes remain popular thanks to:

  • LUXURY GATED COMMUNITY: One of the best gated communities in Houston, Parkway Terrace is adorned with oaks, lakes, and fountains. Community amenities include 24/7 security, 11 lakes, jogging trails, a recreation center, a swimming pool, and tennis courts.
  • PROXIMITY TO JOB CENTERS: The Energy Corridor is around 2 miles away from Parkway Terrace. One of Houston’s major employment centers, the district is home to regional headquarters of several Fortune 500 companies, including ExxonMobil Chemical, ConocoPhillips, Citgo, and BP, among others. The Energy Corridor employs more than 80,000 individuals, mostly in oil and energy industries.
  • MULTI-AWARD WINNING SCHOOLS: Texas Monthly included Barbara Bush Elementary in its list of the “Best Public Schools in Texas” twice, in 2005 and 2006. The magazine also named it a Five Star School in 2001. The Texas Business Education Coalition (TBEC) named Bush an Honor Roll School five times. (See Best Houston Neighborhoods With Top Houston Schools)
  • NEAR OUTDOOR ENTERTAINMENT: Parkway Terrace is also minutes away from George Bush Park, a 7,800-acre park and wildlife sactuary. The park features a wide range of outdoor recreation options. Amenities include miles of hike and bike trails, two soccer fields, six baseball fields, a shooting range, and a field for flying model aircraft. Playgrounds, pavilions, and ponds also adorn the park.
  • GREAT ACCESS TO RETAIL AND ENTERTAINMENT: West Oaks Mall is just a short drive away from the community. With around 1 million square feet of retail space, the mall features 110 stores, restaurants, and entertainment hubs. Anchor stores include Macy’s, Sears, Dillards, and Palais Royal, among others. Parkway Villages Shopping Center, on the other hand, is just outside the community.
  • RISING PROPERTY VALUES: Parkway Terrace real estate have steadily appreciated over the past decade, posting a median sales price of over $700,000.

Buying or selling a home in Parkway Terrace can be tricky due to the neighborhood’s variety of home options and rising property values. Some of the subdivision’s luxury homes tend to sell at a premium, while townhomes and patio homes in the area can sell for lower prices.

Contact Paige Martin, a Top Realtor in Houston, if you’re looking to buy or sell a home in Parkway Terrace.

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12 Things Parkway Terrace Real Estate Buyers Should Know

One of Houston’s Best Gated Communities, Parkway Terrace is known for its great schools, variety of luxury home options, and proximity to the Energy Corridor.

  • One of the best gated communities in Houston, Parkway Terrace is adorned with oaks, lakes, and fountains. Community amenities include 24/7 security, 11 lakes, jogging trails, a recreation center, a swimming pool, and tennis courts.
  • The Energy Corridor is around 2 miles away from Parkway Terrace. One of Houston’s major employment centers, the district is home to regional headquarters of several Fortune 500 companies, including ExxonMobil Chemical, ConocoPhillips, Citgo, and BP, among others. The Energy Corridor employs more than 80,000 individuals, mostly in oil and energy industries.
  • Texas Monthly included Barbara Bush Elementary in its list of the “Best Public Schools in Texas” twice, in 2005 and 2006. The magazine also named it a Five Star School in 2001. The Texas Business Education Coalition (TBEC) named Bush an Honor Roll School five times.
  • Parkway Terrace is also minutes away from George Bush Park, a 7,800-acre park and wildlife sactuary. The park features a wide range of outdoor recreation options. Amenities include miles of hike and bike trails, two soccer fields, six baseball fields, a shooting range, and a field for flying model aircraft. Playgrounds, pavilions, and ponds also adorn the park.
  • West Oaks Mall is just a short drive away from the community. With around 1 million square feet of retail space, the mall features 110 stores, restaurants, and entertainment hubs. Anchor stores include Macy’s, Sears, Dillards, and Palais Royal, among others. Parkway Villages Shopping Center, on the other hand, is just outside the community.
  • Parkway Terrace real estate have steadily appreciated over the past decade, posting a median sales price of over $700,000.
“Paige Martin is the best realtor in Houston. She will tell you the ‘bad’ and ‘ugly’ of a property and help you make a good purchase.”
“As first time buyers in the US, we are delighted to have worked with Paige. She is a delight to work with, and I would recommend anyone to enlist her help if you’re looking to either buy or sell a property.”
  • Parkway Terrace homes typically sit on large lots, ranging from 8,000 to over 14,000 square feet. The subdivision’s townhomes and patio homes tend to offer smaller lots, between 3,000 to around 8,000 square feet.
  • Homes in the subdivision tend to offer 4-bedroom floor plans. Home sizes range from 3,000 to upwards of 8,000 square feet.
  • Luxury homes in the subdivision tend to feature sprawling lots, multi-car garages, formal living and dining areas, win cellars, and spacious living spaces. Some of the most expensive Parkway Terrace real estate can also feature lake views and swimming pools.
  • Kickerillo Companies and Sueba USA spearheaded the community’s development. The 330-acre tract of land used to be a cattle ranch.
  • The neighborhood is zoned to the Houston ISD. Bush Elementary, West Briar Middle School, and Westside High School all serve the community. Students may also opt to attend Shadowbriar Elementary School.
  • Prices for Parkway Terrace homes for sale can start at around $450,000. The most expensive homes in the area can sell for upwards of $2,000,000.

Parkway Terrace Maps and Location

Parkway Terrace covers a 315-acre area just off Briar Forest Drive. It sits west of Eldridge Parkway, north of Westheimer Road, and east of Addicks-Howell Road (Highway 6).

Made up of around 800 luxury homes and townhomes, the Parkway Terrace is a gated community with 24/7 security. Nearby neighborhoods and communities include Sweet Lake, West Hampton Estates, Oakpark Place, Westbend, and Oak Park Ridge. The Memorial area is north of the community.

Parkway Terrace is located about 2 and a half miles away from the Energy Corridor, one of Houston’s main employment centers. The Westchase Business District, on the other hand, is around 4 miles away.

The gated community is nestled east of George Bush Park, a 7,800-acre green space with several amenities. Playgrounds, pavilions, sports fields, miles of hike and bike trails, and a shooting range are popular options within the park.

For retail, dining, and entertainment options, residents can take a short drive to West Oaks Mall or Market Square at Eldridge Parkway. Parkway Villages Shopping Center is just outside the community.

The community features 11 lakes: Lake Envy, Majestic Lake, Swan Lake, Teal Lake, Diamond Lake, Teal Lake, Palm Lake, Emerald Lake, Oak Lake, Pearl Lake, and Opal Lake. Other community amenities include a recreation center, a swimming pool, paved jogging trails, and tennis courts.

Parkway Terrace Houston has a 77077 zip code. (View Houston zip code map.)

Paige Martin’s Recent Awards:
– “One of America’s Best Real Estate Agents,” Real Trends
– Five Star Realtor Award, Multi-Year Winner
– “One of Houston’s Top 50 Realtors,” Houston Chronicle

Neighborhoods Near Parkway Terrace TX

West of Parkway Terrace

East of Parkway Terrace

South of Parkway Terrace

  • Sweet Lakes
  • West Hampton Estates
  • Alief

Parkway Terrace Schools

Parkway Terrace homes are zoned to the Houston Independent School District (HISD).

Established in the 1920s, Houston ISD is the largest school district in the state (with 283 schools). The Texas Education Agency (TEA) gave the district a “Met Standard” rating in 2016.

Barbara Bush Elementary, one of the Best Schools in Houston, serves the community.

Elementary Schools

  • Barbara Bush Elementary School at 13800 Westerloch Dr. Opened in 1992, Barbara Bush Elementary School has been ranked “Exemplary” by the TEA since 1994. The school has received a number of awards and accolades. It has been named a TBEC Honor Roll School five times. Texas Monthly magazine and Children at Risk have included Bush Elementary in their respective lists of the best schools in the state. It features several Special Education programs (Preparing Students for Independence, Skills for Learning and Living, among others), as well as gifted and talented Vanguard programs.
  • Shadowbriar Elementary School at 2650 Shadowbriar Dr. Students zoned to Bush Elementary may also opt to attend Shadowbriar’s magnet program. Shadowbriar offers a magnet program called STEAM (Science, Technology, Engineering, Arts, Math). The school also offers Vanguard neighborhood, ESL, and other academic and special programs.

Middle Schools

  • West Briar Middle School at 13733 Briarhurst Dr. Located a few blocks away from Lakes at Parkway, West Briar Middle School serves a variety of academic (Vanguard neighborhood and Pre-AP), special education (Skills For Learning and Living), and athletic programs. Other programs include transitional bilingual program and an alternate curriculum, Structured Learning Center (SLC).

High Schools

  • Westside High School at 14201 Briar Forest. Westside High School is a magnet school in integrated technology. The school’s magnet program is designed to steer students into 5 strands: Applied Science/Health Science, Business, Computing Sciences, Business, Fine Arts, and Business Relations. Newsweek has included Westside High School in its list of the top 2000 high schools in the US multiple times.

Parkway Terrace Houston Private Schools

Parkway Terrace is also near some excellent private schools. Listed below are some of them:

  • John Paul II Catholic School at 1400 Parkway Plaza Dr.
  • Westside Montessori School at 13555 Briar Forest Dr.
  • Japanese Educational Institute at 901 Yorkchester Dr.
  • Memorial Private High School at 14333 Fern Dr.
  • The Village High School at 13051 Whittington Dr.
  • The Briarwood School at 12207 Whittington Dr.

To find an updated listing of all Parkway Terrace real estate zoned to any specific public school, please send an email to Paige Martin at Paige@HoustonProperties.com 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.

Parkway Terrace Real Estate Trends

Parkway Terrace real estate have continued to appreciate over the last 10 years. Built out in 2009, the median sales price of homes in the subdivision is at over $700,000.

Parkway Terrace homes have continued to sell well, thanks to its popularity. The neighborhood’s proximity to the Energy Corridor (with over 20 million square feet of office space and more than 80,000 employees) and George Bush Park (a great outdoor activity hub) and its access to the highly rated Barbara Bush Elementary are among its best draws.

(Data sourced from the Houston Association of Realtors Multiple Listing Service and is deemed reliable but not guaranteed.)

For updated information regarding Parkway Terrace real estate pricing and trend analysis, please contact Paige Martin at Paige@HoustonProperties.com.

Parkway Terrace Single-Family Home Sale Trends

Homes in Parkway Terrace are relatively new, built between 1996 and 2009. Most are single-family homes, though there are also townhomes in the gated neighborhood.

Parkway Terrace homes typically sit on large lots, ranging from 8,000 to over 14,000 square feet. Floor plans vary, but most feature 4 bedrooms with 4 baths. Home sizes are from 3,000 to upwards of 8,000 square feet.

Luxury properties in the area often offer upscale amenities, including formal living and dining areas, large master suites, landscaped grounds, lake views, and swimming pools.

Architectural styles vary and most are traditional. Some draw inspiration from Mediterranean aesthetics.

Prices for Lakes for Parkway homes for sale vary widely. Some of the area’s smaller properties can start at around $450,000. The most expensive real estate in the community can go for upwards of $2,000,000.

Parkway Terrace Townhomes Sale Trends

The gated community features some sections with townhomes. Parkway Terrace townhomes are typically smaller compared to their single-family home counterparts.

An average townhome in the community can feature 3 to 4 bedrooms, spread over 3,000 square feet of living space. Lot sizes are at around 3,500 square feet. Common features include landscaped front yards, lake views, balconies, and porches.

Parkway Terrace townhomes for sale are generally more affordable, starting at around $400,000.

Parkway Terrace Condo Sale Trends

There are no high rise condos in Parkway Terrace, but there condo units available in the surrounding areas including:

  • Camden Oak Crest Apartments
  • Tyif Park Condos
  • Newport on the Lake Apartments
  • Camden Park Apartments

To see other condos within the Inner Loop and the Memorial area, see: Inner Loop Houston Condos and Memorial Houston Condos.

Parkway Terrace TX History

Development for Parkway Terrace started in 1995, spearheaded by Kickerillo Companies and Sueba USA. Prior to the area’s development, Paul Barnhart owned the 330-acre tract of land.

As with most west Houston neighborhoods, the tract was rural/agricultural. It was previously a cattle ranch, and it was one of the last big tracts of land to be developed in the area.

Kickerillo purchased the homesites to develop homes in the subdivision. The homebuilder offered a variety of floor plans, designs, and price points. Parkway Terrace was completed in 2009.

Today, the community is among the most popular gated communities in the west Houston area. Its proximity to both the Energy Corridor and Westchase, as well as its great schools, continue to draw homebuyers to the area.

Fun Things To Do Near Parkway Terrace

Parkway Terrace features a great set of community amenities, so residents don’t have to travel far for outdoor recreation options. The community offers 11 lakes, jogging trails, a recreation center, a swimming pool, and tennis courts.

George Bush Park, a 7,800-acre nature reserve and park, is just west of the neighborhood. The park features a variety of amenities, including miles of hike and bike trails, two soccer fields, six baseball fields, a shooting range, and a field for flying model aircraft. The park also has a number of playgrounds, ponds, and pavilions.

For retail, residents can take a short drive to West Oaks Mall or Market Square at Eldridge Parkway, both along Westheimer Road.

West Oaks Mall, opened in 1984, features about 1 million square feet of retail space. Anchor stores include Dillards, Edwards Theatre, Fortis College, Macy’s, Palais Royal, and Sears. With over 110 stores, the mall hosts community events and provides a great number of dining and entertainment options.

Parkway Villages Shopping Center is just outside the community.

Must-visit places in and around Parkway Terrace include:

Dining

  • Pastelitos Cafe
  • Pecan Creek Grill
  • Crespo Pizza & Italian Grill
  • AGU Ramen
  • Nom Nom Noodles
  • Le Mistral
  • Stush Caribbean Fusion
  • Petit Cafe Mediterranean Grill
  • Rincon Criollo Cuban Cuisine
  • SWizza Cafe

Parks

  • Ray Miller Park
  • George Bush Park
  • Terry Hershey Park

 

Retail

  • Market Square at Eldridge Parkway
  • West Oaks Mall
  • Parkway Villages Shopping Center
“Paige is simply the best. She has worked with my husband and I for the last couple years in our quest to find the perfect first home. She was patient with us throughout the process and took time to answer all of our questions! She knows so much about the housing market so we felt very confident that we were in great hands!”

Nightlife

  • Rouge Wine Bar
  • Sky Hookah Lounge
  • Derrick Tavern
  • Red Sky Hookah Lounge
  • The King’s Head Pub
  • NextDoor Bar & Lounge
  • Shahrazade Cafe and Grill
  • First Tee Pub
  • Big John’s Ice House
  • Fusion Hookah Lounge

Groceries

  • Kroger
  • Phoenicia Specialty Store
  • H-E-B
  • Fiesta Mart
  • Sprouts Farmers Market
  • Trader Joe’s
  • Aldi
  • Randall’s

Top Parkway Terrace Realtor – Paige Martin

As featured on Fox News in the MorningHouston 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.

Paige Martin’s Recent Awards:
– #1 Agent, Keller Williams, Memorial
– #1 Agent, Keller Williams, Texas
– #9 Agent, Keller Williams, United States

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