Parkway Terrace Real Estate Guide

Parkway Terrace homes for sale & insider real estate guide

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 their:

• 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 the regional headquarters of several Fortune companies, including ExxonMobil Chemical. The Energy Corridor employs more than 80,000 individuals, mainly in the oil and energy industries.

• MULTI-AWARD WINNING SCHOOLS: Parkway Terrace homes are zoned to the Houston Independent School District (HISD). Texas Monthly included Barbara Bush Elementary in its “Best Public Schools in Texas” list twice. The magazine also proclaimed it a Five Star School in 2001. The Texas Business Education Coalition (TBEC) also 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 sanctuary. The park features a wide range of outdoor recreation options. Amenities include miles of multi-use trails, soccer fields, 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. Parkway Villages Shopping Center, on the other hand, is just outside the community.

• RISING PROPERTY VALUES: Parkway Terrace real estate has 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.

To get personal advice on buying or selling in the Parkway Terrace area, contact Paige Martin, one of Houston's best realtors and one of the top-ranked Realtors in the United States.

“We worked with the Houston Properties team for a work-relocation in 2nd quarter of 2022. We had a pretty short timeline to find a suitable home, make an offer, and close on the property. Holly and team were fabulous in helping us narrow our search so we could be very efficient with our house-hunting trip. We got an offer accepted on our #1 property with quick close date. Holly and the team were very helpful in managing details associated with the move including intercepting packages that were delivered to the address before we closed on the house. Also provided useful support for months after we moved including helpful references to services that might be needed for general property upkeep and any potential emergency weather-related needs due to the recent freeze. Highly recommend HPT!” - Kelli Wright (Google Review)

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Parkway Terrace Homes For Sale

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Table of Contents

1. Parkway Terrace Home Sale Trends
2. Parkway Terrace Best Realtor Insights
3. Parkway Terrace Maps, Location & Zip Code
4. Parkway Terrace Schools
5. Parkway Terrace Real Estate Market

Parkway Terrace Home Sale Trends

Parkway Terrace is one of Houston's best-gated communities. The area features a wide range of luxury homes and townhomes.

Parkway Terrace homes are popular due to their:

• PROXIMITY TO JOB CENTERS: The Energy Corridor, two miles from Parkway Terrace, is one of Houston's major employment centers. The district is home to several Fortune companies.

• OUTSTANDING SCHOOLS: The Houston Independent School District (HISD) serves Parkway Terrace homes. Barbara Bush Elementary has appeared twice on Texas Monthly's list of the "Best Public Schools in Texas."

• EASY ACCESSIBILITY: There are many stores, restaurants, and entertainment venues nearby the mall. Macy's, Sears, Dillard's, and Palais Royal are among the anchor stores.

Parkway Terrace has benefited from rising property values in the last decade. It has a posting of a high median sales price.

Parkway Terrace Best Realtor Insights

Parkway Terrace is one of Houston's best-gated communities. It is known for its excellent schools and diverse luxury home options. Energy Corridor is also nearby.

• Parkway Terrace is one of Houston's best-gated communities, 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 about 2 miles away from Parkway Terrace. The district is one of Houston's major employment centers. It is home to several Fortune 500 companies' regional headquarters. ExxonMobil Chemical, ConocoPhillips, Citgo, and BP are the companies represented. The Energy Corridor employs over 80,000 people, most of whom work in the oil and energy industries.

• Parkway Terrace is in the Houston ISD. Bush Elementary, West Briar Middle School, and Westside High School serve the community. Bush Elementary has twice made it to the "Best Public Schools in Texas" list. The magazine also named it a Five Star School. Bush became an Honor Roll School by the Texas Business Education Coalition (TBEC) five times. Students have the option of attending Shadowbriar Elementary School.

• Parkway Terrace is also close to George Bush Park, a 7,800-acre park and wildlife sanctuary. The park offers many outdoor recreation opportunities. Miles of hiking and biking trails, two soccer fields, six baseball fields, a shooting range, and a model plane flying field are among the amenities. The park also includes playgrounds, pavilions, and ponds.

• The community is only a short drive away from West Oaks Mall. The mall has approximately 1 million square feet of retail space and 110 stores, restaurants, and entertainment hubs. The anchor stores are Macy's, Sears, Dillards, and Palais Royal. Parkway Villages Shopping Center,d, is located outside the neighborhood.

• Parkway Terrace real estate has increased in value over the last decade. It has a median sales price of more than $700,000.

• Parkway Terrace homes have large lots ranging from 8,000 to over 14,000 square feet. The majority of the houses in the subdivision have four bedrooms. Townhomes and patio homes in the subdivision have smaller lots ranging from 3,000 to 8,000 square feet.

• Luxury homes in the subdivision have large lots, multi-car garages, formal living, and dining rooms. The wine cellars and open floor plans are also present. Some of the most expensive Parkway Terrace homes may also have lake views and swimming pools.

• Kickerillo Companies and Sueba USA were instrumental in the community's growth. The 330-acre plot of land was before used as a cattle ranch.

• Parkway Terrace real estate prices can start at around $450,000. The most expensive homes in the area can sell for more than $2 million.

Parkway Terrace Maps, Location & Zip Code

Parkway Terrace Schools

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

Houston ISD, founded in the 1920s, is the state's largest school district, with 283 schools. In 2016, the Texas Education Agency (TEA) rated the district as "Met Standard."

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

Elementary Schools

• Barbara Bush Elementary School at 13800 Westerloch Dr. The school won many awards and accolades. It has received the TBEC Honor Roll School designation five times. Texas Monthly magazine and Children at Risk named Bush Elementary one of the best schools in Texas. It includes several Special Education programs. Preparing Students for Independence and Skills for Learning and Living are available. It also has gifted and talented Vanguard programs.

• Shadowbriar Elementary School at 2650 Shadowbriar Dr. Students zoned to Bush Elementary may attend Shadowbriar's magnet program instead. Shadowbriar has a magnet program known as STEAM (Science, Technology, Engineering, Arts, Math). Also, the school provides Vanguard neighborhood, ESL, and other academic and special programs.

Middle Schools

• West Briar Middle School at 13733 Briarhurst Dr. It is a few blocks from Lakes at Parkway. It offers a variety of athletic and academic programs such as Vanguard neighborhood and Pre-AP. Special education includes Skills For Learning and Living. Other programs include a bilingual transitional program and an alternate curriculum. A Structured Learning Center (SLC) is also present.

High Schools

• Westside High School at 14201 Briar Forest Drive. It is a magnet school for integrated technology. The school's magnet program aims to direct students to one of five strands. There are Applied Science/Health Science, Business, and Computing Sciences classes. Business, Fine Arts, and Business Relations are all included. Westside High School has appeared several times on Newsweek's list of the top 2000 high schools in the United States.

Parkway Terrace Private Schools

Parkway Terrace is also close to many excellent private schools. Some of them are as follows:

• John Paul II Catholic School at 1400 Parkway Plaza Dr.

• Westside Montessori School at 13555 Briar Forest Dr.

• Japanese Educational Institute at 12651 Briar Forest Dr. Ste 105.

• 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 PMartin@HoustonProperties.com with the property preference and budget that you’re working with.

Note: For more detailed information on specific schools zoned to different Parkway Terrace areas, please refer to our Houston Schools Guide OR email me.

Note: School zoning tends to change from year to year. The information provided above is accurate but not guaranteed. Please double-check by visiting the school's website.

Parkway Terrace Real Estate Market

Parkway Terrace Single-Family Home Sale Trends

Homes in Parkway Terrace are new, built between 1996 and 2009. Most are single-family homes, but townhomes are also available in gated communities.

Parkway Terrace homes have large lots ranging from 8,000 to 14,000 square feet. Floor plans vary, but the majority have four bedrooms and four bathrooms. Home sizes range from 3,000 to 8,000 square feet.

Parkway Terrace homes 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 range from 3,000 to 8,000 square feet.

Architectural styles vary, but the majority are traditional. Mediterranean aesthetics inspire some people.

Prices for Lakes for Parkway real estate vary. Smaller properties in the area can start at around $450,000. The most expensive real estate in the neighborhood can cost up to $2,000,000.

Parkway Terrace Townhome Sales Trends

Some sections of the gated community include townhomes. Parkway Terrace townhomes are smaller in size than single-family homes.

A typical townhome in the neighborhood has 3 to 4 bedrooms and 3,000 square feet of living space. Lot sizes are approximately 3,500 square feet. Landscaped front yards, lake views, balconies, and porches are all standard features.

Parkway Terrace townhomes for sale are more affordable, starting with prices around $400,000.

Parkway Terrace Condo Sale Trends

There are no mid- or high-rise Parkway Terrace condos for sale. But plenty of units are available in the surrounding areas.

Several condo buildings are located in the nearby area, including:

• Camden Oak Crest Apartments

• Tyif Park Condos

• Newport on the Lake Apartments

• Camden Park Apartments

• Wilcrest Garden Condominiums

• Briarglen

• The Willowick

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

The Houston Properties Team are expert in Parkway Terrace real estate. Please contact us if you'd like to see Houston condos or learn more about buildings that could be a fit for you.

Parkway Terrace TX History

Kickerillo Companies and Sueba USA spearheaded Parkway Terrace development in 1995. Paul Barnhart owned the 330-acre parcel of land before its development.

The tract, like most west Houston neighborhoods, was rural/agricultural. It was a cattle ranch and was one of the last large tracts of land developed in the area.

Kickerillo purchased the lots to build homes in the subdivision. The homebuilder provided several floor plans, designs, and price points. Parkway Terrace opened in 2009.

Today, the gated community is one of the most popular in the west Houston area. Its proximity to the Energy Corridor and Westchase and its excellent schools continue to draw new residents.

Fun Things To Do Near The Parkway Terrace

Parkway Terrace features great community amenities. With this, outdoor recreation is close for residents. The community has 11 lakes as well as jogging trails. There will also be a recreation center, a swimming pool, and tennis courts.

George Bush Park, a 7,800-acre nature reserve and park, is west of the neighborhood. The park has miles of hiking and biking trails, two soccer fields, six baseball fields, a shooting range, and a field for flying model planes. There are also many playgrounds, ponds, and pavilions in the park.

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

West Oaks Mall, which opened in 1984, has approximately 1 million square feet of retail space. The anchor stores include Dillards, Edwards Theatre, Fortis College, Macy's, Palais Royal, and Sears. The mall, which has over 110 stores, hosts community events and offers a variety of dining and entertainment options.

Parkway Villages Shopping Center is outside the neighborhood.

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

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

Best Parkway Terrace Realtor – Paige Martin

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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