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/ Luxury Neighborhoods / St George Place

St George Place

St George Place is a peaceful enclave located in the shadow of the Galleria. This innerloop neighborhood is located south of West Alabama, north of Richmond, East of S Rice, and west of Chimney Rock.

St George Place owes its name and its élan to Robert Silvers. In 1989 Mr. Silvers bought 107 lots in Lamar Terrace from the Federal Savings & Loan Insurance Corporation. Mr. Silvers tore down many of the homes, and petitioned City Council to rebuild the neighborhood. With a new name St George Place, and a plan. Mr. Silvers was awarded the city’s first tax-increment reinvestment zone.

The area has been transformed by the addition of new streets, lighting, and a new elementary school. Spectacular two story homes featuring designs from Houston’s best architects dominate the subdivision. The style of homes focuses on Mediterranean style, French Country Custom, Spanish, and occassionally a traditional home.

St. George Place features homes built by Rohe & Wright, Rhodes Custom, Ironwood Custom, David Weekley, Chateau Construction, Transtar Builders, Trilogy Builders, Cronin Builders, MW Design Group, Century Development, Panther Homes, Mapleridge Custom, Dynasty Builders, R M Summers, Independence Bank, Unipac, Thompson Schwab, and LaVenetian. These homes have lavish baths, traventine tile, hardwoods, wine bar, Thermador appliances, tower foyers, Chef’s kitchens, tile roofs, private courtyards and guest quarters. St George Place is a top choice for individuals looking for a luxury home which is more than a brick box.

Call Bill Edge at 713-240-2949 to see Houston homes in 24 hours or less.

Source: Houston Association of Realtors; Brian Wallstin, Houston Press Dec 30, 1999; Crawford Realty Advisors.

Home Finder for LAMAR TERRACE

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2011 Facts

Subdivision Tax Rate

County / Zip Code  Harris / 77056
Single Family Properties  332
Average Bedrooms  3.35
Average Baths  2.56
Median Square Ft.  3,168
Median Lot Square Ft.  6,600
Median Year Built  1998
Median Appraised Value  $455,000
Neigborhood Value Range  $285 – $723 K
Median Price / Square ft.  $161.25
Tax Type Tax Name Tax Rate
CITY CITY OF HOUSTON 0.6388%
COMMUNITY COLLEGE DISTRICT HOUSTON COMM. COLL. 0.0972%
COUNTY HARRIS CO 0.3912%
EDUCATIONAL HARRIS CO DPT EDUC 0.0066%
FLOOD CONTROL HARRIS CO FLOOD CONTRL 0.0281%
HOSPITAL HARRIS CO HOSPITAL 0.1922%
INDEPENDENT SCHOOL DISTRICT HOUSTON ISD 1.1567%
PORT OF HOUSTON PORT OF HOUSTON AUTH 0.0186%
PUBLIC IMPROVEMENT DISTRICT LAMAR TERRACE PID 2 (001) 0.0700%
Tax type varies for each property.

Square Foot Price Change Data  1994 – 2011 for LAMAR TERRACE

Tax Year Price/SQFT
1994 0.00
1995 85.51
1996 84.18
1997 87.26
1998 78.90
1999 119.85
2000 126.04
2001 130.48
2002 130.33
2003 126.88
2004 144.84
2005 136.92
2006 143.11
2007 181.30
2008 160.97
2009 180.52
2010 150.89
2011 161.25

 

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