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Old 01-13-2009, 09:54 PM
 
Location: Austin, TX
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3801 Palm St, Houston, TX

Is anyone familiar with this neighborhood? Why is this house so inexpensive?
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Old 01-13-2009, 10:01 PM
 
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Flooding? Area? That is a transitional area, but close in!
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Old 01-13-2009, 10:08 PM
 
Location: Sugar Land, TX, USA
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Right off of Scott Street in the 3rd Ward. Not the safest place in houston, but it is all relative right ?

Third Ward, Houston - Wikipedia, the free encyclopedia
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Old 01-13-2009, 10:24 PM
 
Location: Clear Lake Area
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Realtor is looking for a quick-sale... he needs money to pay for his glamour shots appointment next month.
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Old 01-13-2009, 10:34 PM
 
2,582 posts, read 7,697,173 times
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personally I think there are better bargains in the Riverside area.

Now this is just me, but I loathe rehabs like that one. L-O-A-T-H-E them. Here was an older home that probably had character, but who would know at this point. It looks like they did their dead level best to make it look like a brand new KB tract home. If that was the goal, they need to be congratulated, they succeeded. I'm sure a lot of people like it, I know, but I just can't stand it.

University Oaks is just to the east of there and Timber Crest just to the west. I would rather be in either of those myself. If I was going to do Riverside, I would want a more interesting house.

This one is for rent, but is an example of some of the nice older ones over there. I think this one is a John Staub design.
2623 Riverside Dr, Houston, TX 77004
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Old 01-14-2009, 01:12 AM
 
Location: San Antonio, TX.
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I've seen several in this price range in the Houston metro, and that area isn't really the most desired....im sure some would disagree, but that's my personal opinion.
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Old 01-14-2009, 01:15 AM
 
Location: SW Missouri
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Quote:
Originally Posted by Topaz View Post
3801 Palm St, Houston, TX

Is anyone familiar with this neighborhood? Why is this house so inexpensive?
The orange trees are nice.

You could buy a brand new brick McMansion for that price in Springfield, MO. It doesn't seem like that great a deal to me, but then I am not familiar with housing prices in Houston.

The interior looks good though. Lots better than what you would expect by looking at the outside. IMHO.

20yrsinBranson
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Old 01-14-2009, 05:44 AM
 
Location: Austin, TX
4,751 posts, read 12,078,126 times
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Quote:
Originally Posted by 20yrsinBranson View Post
You could buy a brand new brick McMansion for that price in Springfield, MO.
Then my commute would be even worse than it already is.
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Old 01-14-2009, 07:10 AM
 
1,240 posts, read 3,678,177 times
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For anyone who wants to know a bit more about Riverside Terrace (and get a feel for why it has such inexpensive properties considering its relatively prime Med Center location), check out the documentary "This Is Our Home, It Is Not For Sale." It was filmed back in the 80's, and was recently screened at MFAH to a packed theater.

THIS IS OUR HOME, IT IS NOT FOR SALE
Riverside Terrace, Houston - Wikipedia, the free encyclopedia
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Old 01-14-2009, 08:47 AM
 
Location: Katy, TX
1,288 posts, read 4,403,703 times
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That documentary sounds facinating, I had no idea. Riverside is where my grandparents first settled in Houston in 1940 or so. The whole upper class "Jewish River Oaks" thing explains why they picked there to me a lot, knowing them. They aren't Jewish, but were always upwardly mobile and followed the money. They lived there a long time, then moved to Scarsdale, NY (a rich, Jewish suburb of NYC) and then came back to the Memorial area in about 1965 or so where they've been ever since. But I'm very familiar with Riverside because to this day they attend Riverside Methodist Church...which is now 99% black with the exception of them. It's a curious thing.
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