Houston home inventory is at 3.4 months (its lowest in 13 years) and had developers scrambling to build new homes (they are on pace to start 28,000 new houses this year) to address demand.
Montrose has seen its own share of new construction houses. One of the oldest neighborhoods in Houston, Montrose has seen a resurgence of real estate development, particularly townhomes and lofts. Montrose can be found in the 77006 zip code. The neighborhood is a few minutes away from River Oaks, Midtown Houston, Rice Military, and Downtown Houston.
Owners of Montrose Houston townhomes for sale also enjoy living near the Museum District and Medical Center, as well as having easy freeway access to other parts of Houston.
The Inner Loop location make Montrose homes on the other side of "averagely priced homes". However, there are good deals out there and an experienced realtor along with proper research and preparation could give you a lot of good options. (View Montrose townhomes for sale between $300,000 to $600,000)
Montrose Location And Neighborhood Overview
The growing number of people moving to Houston and a stable local economy have pushed a series of real estate developments throughout the area and in the process reinventing Monstrose (one of the oldest neighborhoods in Houston). Today Montrose is a community with a healthy mix of old stately homes, brick bungalows, town homes, high-rises, lofts and apartment complexes.
Many homes in Montrose have been demolished and completely renovated while others remain preserved for historical value. Still, a large percentage have been torn down and replaced by higher density town homes and lofts.
In nearby areas such as Hyde Park, resale shops, beauty shops and law offices are built near houses, duplexes and older apartment buildings. The West Gray/River Oaks shopping area feature grocery markets, movie theatres, a wide variety of retail and clothing stores, resale boutiques, coffee houses, restaurants and entertainment venues.
If you are looking for a Montrose townhome or any home in Houston, contact Paige Martin or visit HoustonProperties.com.
Comments(1)