Houston’s Museum District is one of Houston’s up and coming neighborhoods, at least that is what a local boutique residential broker is betting on. Norhill Realty opened a new Residential Sales Center at 4916 Main Street in August 2009 in order to better serve the current and future residents of this neighborhood.
Bordered by Main Street to the West, Hwy 59 to the North, Hwy 288 to the East and Hermann Park to the South, the Museum District has an almost perfect location within Houston’s inner loop. It’s proximity to Downtown, the Texas Medical Center, Museums and Hermann Park make it an ideal location for young professionals, empty nesters, and those looking to be close to work and entertainment. The jogging trails at Rice University and Hermann Park are close by and offer a great alternative to the sometimes crowed trail at Memorial Park.
The Museum District offers a good mix of housing options as well. Developers have been building new townhomes in the area for the past 10 years and construction continues today. There is also a good balance of older well-maintained 2-story brick homes in the area.
The Museum District has seen a slight decline in buyer activity since the start of the recession. Many homebuyers have decided to postpone their home purchases until they see signs of economic recovery. This decline in activity has created a surplus of new construction townhomes and single family homes in the Museum District. Mark Brawley, Vice President of Norhill Realty, states, “The surplus of townhomes on the market creates an excellent opportunity for buyers.” Many builders are offering great incentives to lure homebuyers. Mr. Brawley remarks, “There are some excellent developments in the Museum District that many buyers don’t know about.”
The neighborhood offers an excellent alternative to the Rice Military, Midtown, and Heights neighborhoods. As a residential neighborhood, the Museum District offers wide center-median boulevards, sidewalk-lined streets, mature oak trees, and plenty of green space. It is not as densely built and populated as Rice Military, quieter than Midtown, and closer to work areas like Downtown and the Medical Center than the Heights.
So as the economy is starting its recovery and you are thinking about starting your home search, give the Museum District a look.