Parkway Terrace Real Estate Guide

Parkway Terrace homes for sale & insider real estate guide

Parkway Terrace 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:

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)

Guide To Houston's Best Gated Communities
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Houston's Gated Communities

Parkway Terrace Homes For Sale

4 Beds, 4 Baths
13217 Exmoor Terrace Dr Drive
3 Beds, 3 Baths
1521 Haddon Street #A
3 Beds, 2 Baths
4508 Old Yale Street #F
1 Bed, 1 Bath
2203 Dorrington Street #408
3 Beds, 2 Baths
811 Paul Quinn Street
3 Beds, 3 Baths
809 Paul Quinn Street

Parkway Terrace Homes For Rent

4 Beds, 4 Baths
13426 Stoneleigh Terrace Drive
4 Beds, 4 Baths
13217 Exmoor Terrace Dr Drive
3 Beds, 3 Baths
13342 Stoneleigh Terrace Drive
3 Beds, 3 Baths
1815 Napa Creek Lane
2 Beds, 2 Baths
3700 W. Clay #234
2 Beds, 3 Baths
800 Country Place Drive #604

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 Real Estate 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:

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 Maps, Location & Zip Code

Parkway Terrace Map

Commute Time Parkway Terrace
Downtown (min) 25
Med Ctr (min) 25
Energy Corridor (min) 10
Galleria (min) 20

Map of Parkway Terrace

Highlights Parkway Terrace
Amenities Oaks, lakes, and fountains surround Parkway Terrace, one of Houston's best-gated communities.

Among the amenities are miles of multi-use trails and soccer and baseball fields.

There is a shooting range and a model plane flying field for recreation.
Golf Courses - Royal Oaks Country Club
Run / Bike Trails - Spring Forest Middle School Track Field
- Terry Hershey Park Hike & Bike Trail
- Ray Miller Park
- Nottingham Park
- Bishop Fiorenza Phase II
- Brays bayou running trail parking lot
Nearby Retail / Dining Retail:

- Marshalls & HomeGoods
- Macy's
- Target
- Luna Retail LLC


- The Capital Grille
- Turner's
- The Oceanaire Seafood Room
- Emerald Vibe Dining
- La Table
- Revolve Kitchen + Bar
- Fleming’s Prime Steakhouse & Wine Bar
- Tony's


- Barbarella
- Social Nightlife
- Störy Ultralounge
- The Davenport
- The Black Swan Nightclub
- Gavanna/Club Z


- Midtown Food Store
- Richard's Grocery Store
- Randalls
- Kroger
- Lyons Supermarket
- Target Grocery
Major Employers -Big Tyme Construction LLC
- Zibtek - Software Development Company in Houston
- Neeco Industries, Inc.
- Audubon Companies

Parkway Terrace Schools

Top Middle Schools Great Schools Ranking
West Briar Middle 7

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

Middle Schools

High Schools

Parkway Terrace Private Schools

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

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 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:

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:


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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