Where is the real estate area in Houston worth investing and living in?
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More and more domestic buyers are looking at Houston and gradually coming here to purchase a house within good school district or just a home to live themselves. Especially the following seven independent school districts are favored by the Chinese:
Sugar Land - Fort Bend Independent School District (FBISD)
Katy - Katy Independent School District (KISD)
Memorial - Spring Independent School District (SBISD)
Bellaire - Houston independent school District (Part of HISD)
West University - Houston independent school District (Part of HISD)
Pearland - Pearland independent school District (PISD)
clear Lake - Clear Creek Independent School District (CCISD)
Houston is the fourth-largest city, the third-largest port, and the largest oil industry center in the United States. As one of the few cities in the United States with rapid economic development but low housing prices, thousands of people are attracted to work, live, and invest from all over the world every year. It is reported that there are 6 of the top 20 best-selling high-end communities in the United States are in Houston.
Buyers have had many questions on buying houses or investing in the Houston metropolitan area, such as which city should they should stay at? What kind of house can they buy? Houston real estate agent Cissy Ma will give a small talk today to offer you a better understanding of the Houston metropolitan area, the main residential and investment areas in Houston that are most popular among Asians.
1 Sugar land
Sugar City is located in the southwestern part of the Greater Houston area. It is predominantly white and Asian, with 56% white and 34% Asian. The average annual household income is $150,000. Most schools are among the best in the Houston area. No. 6 highway from northwest to southeast runs through the entire sugar land city, and businesses and shops are everywhere along the way. Since it was first rated as "the most livable city in the United States" by many top rating agencies or magazines in 2007, it has won this award many times.
2 Katy
Katy is located in the west of the Greater Houston area, is an emerging satellite city, adjacent to the famous energy corridor, where more than 300 oil, gas and related companies are developing. Over the past decade, the population of Katy has grown by 83%, of which the Asian population has grown by more than 100%. Katy a great choice for residents with families as houses are very cost-effective here. While enjoying the beautiful living environment, kids get the opportunity to enter the top rating elementary and junior high schools at the same time. Check out Show Cases of House Purchase at Katy .
3 Bellaire
Bellaire is the inner city of Houston. It is dominated by whites and Asians, including 73% whites and 14% Asians. 10 miles to 7 schools. Many professionals working in medical centers live here. The price of the new house is generally 1 million +, and there are the famous Horn Elementary School and Bellaire High School. The price of homes or investment is more affordable than Memorial. Many Houston real estate investors buy old houses here to rebuild. Check out Show Cases of House Purchase at Bellaire .
4 West University
West University is another prestigious area, famous for being the neighbor of Southern Harvard-Rice University. Almost all street names in the district are derived from universities, colleges and poets all over the world. There are about 15,000 residents, and the average annual household income is 230,000 US dollars. House prices are high, with most houses ranging from $1.5 million to $20 million. Located in the 610 highway west loop, the geographical location is extremely convenient. It is one of the top 10 most expensive communities in the United States.
5 Medical Center
Located in the heart of Houston, it is the world's largest medical center, with approximately 110,000 employees working there. The first heart transplant operation in the United States was completed here, with an average of 3 new operations every 3 minutes, the highest density of life science professionals in the United States. Nearby are Rice University, University of Houston and other famous universities, as well as many government buildings and Houston Convention Center. Both self-occupied houses and investment houses here are very value-preserving and are less affected by the economy. After all, medical treatment is just needed. Check out Show Cases of Medical Center Investment.
6 Memorial
The logo of Houston's old aristocratic community (Old Money), because of its extremely convenient geographical location, land prices have risen significantly. It is characterized by large land, good environment, and big trees. Most of the old houses are in the 50s and 60s, and the prices of new houses are above one million US dollars, and many houses with tens of millions of dollars are also in this area. The elementary schools, junior high schools and high schools here are well-known schools, which are favored by families. The investment method of knocking down and building new architecture on old homes can also bring greater profits, and of course requires a higher investment budget.
7 Midtown
Houston Midtown residential house prices have grown by 60% over the past five years, with an average annual house price increase of 12%. Ranked first in 31 blocks in Houston. Because of its golden location, a large number of young gold collars working nearby live here.
8 Pearland
It is only a 25-30 minute drive from the medical center and the city center. It is a relatively mature and booming satellite city with many outdoor places suitable for family and children ’s activities. Reasonable housing prices, good living environment and convenient geographical location attract more and more people to settle here.
9 Woodlands
It is 27 miles north of Houston. As the name suggests, 25% of the city is green, parks and golf courses, with beautiful scenery and a paradise. In addition, 28% of the area will remain pristine green forest. The houses in this community are hidden under the big trees in the sky. With the influx of oil companies, employment growth is expected to be 42% in the next decade. House prices have also increased year by year, with new house prices above $600,000.
10 Cypress
When it comes to cypress, many people think of the 290 outlet, which is one of the largest outdoor outlets in Houston. Cypress is about 40 miles from the city center, with a population of 120,000, about 73% white, and 6.4% Asian. Because housing prices are comparatively low, this is another good choice for investment housing.
11 River Oaks
The River Oak community has become a model of community building in the United States. Most of the people living in the area are presidents of large well-known companies, social celebrities, and business tycoons. They have always been the most expensive community in Houston . In recent years, the value of real estate in the region has continued to increase.
Want to know the best elementary school district in Houston? Please see the Strategy for Houston Public Elementary Schools.
House prices in Houston are generally low, so the investment threshold is low, and prices still have a lot of room to increase compared to house prices in other major cities in the United States. Buyers who just need housing or are ready to invest can consider the opportunity to sell as soon as possible. Check out the Show Cases of Investment .