The city is located in Tarrant County and is a suburb of Dallas Fort-Worth. The Crestwood/Glen Cove is popular for its: EXCLUSIVITY: Crestwood/Glen Cove real estate is among the most expensive in Houston. It features some of the most expensive real estate in Houston. This small town of just 9.324 km, has a population of about 18,815 people. Briargrove is a deed-restricted community located about 12 miles from Downtown Houston. Houston's Most Expensive Neighborhoods Ranked, Houston Zip Code Map: Best Neighborhoods By Zip Code, How To Avoid Houston Homes With Flooding History, The Ultimate Guide To The 26 Best Gated Communities in Houston, Houston's Best Master Planned Communities, The Ultimate 2023 Houston Neighborhood Guide, Flooding has reshaped the Houston real estate landscape, varying trends on different segments of the housing market, By The Numbers: Sales Trends Within Houston's Most Exclusive Areas, Expert's Guide To 20 Most Expensive Neighborhoods In Houston, Bonus: Three More Luxury Houston Neighborhoods, Methodology For Ranking Houston's Most Expensive Neighborhoods, Meet Paige Martin & Our Houston Luxury Realtors, Income Needed To Buy A House in Houstons Best Neighborhoods, See Income Needed To Live In Houstons Top Neighborhoods, most renowned neighborhoods within the Inner Loop, Houston's most expensive properties in Houston, See Houston's Best Inner Loop Neighborhoods, Houston Texas Zip Code Map | HoustonProperties, How To Avoid Buying In Houston's Flooded Zones, Houston Neighborhoods | Houston Map, Real Estate, Homes, Empire Lofts Condo Houston | 5005 Hidalgo Street, The Breakers Condo Houston | 7700 Seawall Boulevard, the ability to be in two or three places at one time; a member can handle showings, while another answer calls, collective time and experience of members, targeted advice and marketing of agent expert in your area, competitive advantage by simply having more resources, more ideas, and more perspectives, a checks and balances system; selling and buying a home in Houston is an intensely complex process, more people addressing field calls and questions from buyers and agents to facilitate a faster, successful sale, efficient multi-tasking; one agent takes care of inspections and repair work, while another agent focuses on administrative details, multiple marketing channels using members networks, constant attention: guaranteed focus on your home and your transaction, lower risk for mistakes. Safety is one of the area's best qualities. in addition to over 318 additional awards. Buckeye. Loop 610, Buffalo Speedway, Braeswood Boulevard, and Main Street are only minutes away. Collin County in Texas State, United States is a place where Melissa city is located. Highland Park The richest city in Texas is Highland Park. Likewise, an active civic organization enforces deed restrictions in the area. Green spaces and pocket parks are well-placed throughout East Shore, and there are also 12 parks nearby. Southlake is known for its high-income households. However, the property prices range from just under $900,000 to a staggering $19.5 million. In most cases, the more desirable an area, the higher the cost of buying property in that neighborhood. (See Houston's Best Inner Loop Neighborhoods). The large pay packet is necessary for anyone who aspires to live in this area, as the average price of a house is $1.4 million, although prices start as low as $525,000. Centrally located, residents have easy access to all major job centers, including Downtown, The Medical Center, and Galleria. Situated along the Katy Freeway and west of Downtown Houston, the upscale neighborhood of Hedwig Village features notable schools and excellent community entertainments. Where you'll find lawyers, and doctors, and business executives. Texass topography includes warm, sandy beaches and rugged hill country, as well as deserts, forests, and mountains. CONVENIENCE: Retail and leisure options are within a mile at Rice Village. - 2017: #1 Individual Agent, Keller Williams, Houston Cities in this list were included if they had at least 5,000 residents. - 2017: Top 25 Residential Realtors in Houston, Houston Business Journal Bellaire's neighborhood can be tricky to navigate given the area's different school zoning maps, proximity to railroad tracks, being on a major thoroughfare, and diversity of builders. ACTIVE HOMEOWNERS ASSOCIATION: Briargrove's HOA enforces the community's deed restrictions. Ranking for richest places can best be done by using the median household income, poverty rate, unemployment rate, and not how rich the residents are. Where are those places today - the ones that look like Nantucket in 1970? Of Dallas residents with a minimum 10-figure net worth, Jerry Jones is the wealthiest, worth an estimated $8.7 billion. PROXIMITY TO THE MED CENTER: Braeswood is minutes away from the Texas Medical Center, one of Houston's leadingemployment centers. 1) Hilshire Village, Texas. Piney Point Village has a population of 3,425 residents. Located only minutes from downtown Houston, West University Place is an affluent, highly-sought after neighborhood. This high homeownership cost leads most residents to rent homes rather than purchase them outright. One of the Most Expensive Neighborhoods in Houston, the Hedwig Village is the only independent city among the Memorial Villages that has a commercial sector. It has Tanglewood northeast. Laveen. Terrell Hills has these cities as its boundaries: San Antonios Near Eastside by southern part, on the Eastern part, it has Fort Sam Houston on its East and lastly Uptown San Antonio on its North. MEMORIAL PARK: This urban park features the top-rated Memorial Park Golf Course as its key feature. Piney Point is a haven for homebuyers who love classic elegance and serenity. The towns namesake, Southern Methodist University, attracts students and young professionals alike, keeping the resident base young and well-educated. EXCELLENT LOCATION: Ideally situated near the Uptown area and the Galleria, the neighborhood offers proximity to business and retail districts in Houston. Rice Military borders the north side, while Upper Kirby is on the southwest of the neighborhood. Listed below are the most expensive neighborhoods in El Paso for 2023, sorted by overall cost of living which includes: groceries, goods and services, real estate and rent prices. Paige Martin, Broker Associate, Keller Williams Memorial1220 Augusta Dr, 300, Houston, TX 77057, Texas Real Estate Commission Consumer Protection Notice, Texas Real Estate Commission Information About Brokerage Services, PMartin@HoustonProperties.com 2002 2023, Guide To Houston's Most Expensive Neighborhoods. Many of Houstons most expensive neighborhoods are also, historically, the best performers in real estate appreciation. Bellaires population was estimated at 18,593 from its 2016 population census reports. 2021: #1 Real Estate Team, Keller Williams Memorial River Oaks is a large enough neighborhood with multiple zip codes. The neighborhood was developed in the early 1900s, and it was designed by the same architect as Beverley Hills. 1. Southside Place has its police and fire departments. HomeSnacks is reader-supported. - 2017: Americas Best Real Estate Agents, RealTrends.com Highland Park TX (income: $365,025/ bailout: $4.5 million) - The richest town in Texas, the median home price is $1.5 million. North Gateway. A new list from data provider HomeSnacks ranks Terrell Hills as the richest place in . Members of the Hunters Creek Village community enjoy an affluent, laid-back lifestyle surrounded by exquisite architecture, hiking trails, biking paths, and some of the best schools in the state. In economy, Bellaire City has light industrial, mixed-use of public and private uses and then the commercial properties. 1. The community enforces various deed restrictions and neighborhood maintenance. The residential architecture of this area ranges from beautiful, colonial-style brick homes to multi-million dollar mansions, keeping average home prices close to $1.6 Million. We used science and data to determine which Dallas neighborhoods have the richest people. With the highest per capita income ($159k) and home prices ($2.4M) in the state, Highland Park is perfect for anyone interested in an upscale neighborhood with first-class amenities. The community has a small-town feel, but with all the benefits of being close to a big city, including top-notch schools, restaurants, and entertainment, making it is ideal for young families. north-central Collin County. Near the city's major job centers and entertainment hubs. 2020: #6 Individual Agent, Keller Williams, Worldwide (Read Houston's Best Schools), SECURITY:Moreover, the community has a private police force. Old Enfield. The homes in this area are predominantly large, detached houses that sit on substantial lots along tree-lined avenues. The median house price in the neighborhood's 77027 zip code is $892,077, while the median household income is $80,000. With million dollar homes, guarded gates, and sweeping views, these 9 communities are, without a doubt, the most exclusive neighborhoods in San Antonio. It is located in Bexar County. For example, schools, employment opportunities, affordability, and leisure activities are all potential criteria people may use to, Read More The 10 Most Beautiful Places to Live in ColoradoContinue, If you have the American map on your table, you will see Texas state lying in the South-Central part of the nation. Its local per capita income of $84k is nearly triple the states average, which earned it the number one position inHomeSnacks list of wealthiest Texas cities back in 2021. Like nearby Memorial area communities, Briargrove features updated/remodeled houses. Cities with high median household incomes tend to have low poverty rates. Sitting on the premier portion of Lake Woodlands real estate, East Shore features homes between $400k and $6 million in price, and it's referred to as the "Garden District" by long-time residents. There is a significant drop between the property prices in the locations in the ninth and tenth position on this list, as it is possible to buy properties in Greenway Parks for well under a million dollars. COVID-19 also had an undeniable impact on home sales. The city is located in north-central Collin County. At an average of $741k, home prices in this area can be expensive more than double the states average. The resident base is mostly composed of students and young professionals, both of which help to keep the streets alive with commerce and entertainment. 33 %. Here's a look at the top 10 richest neighborhoods in Dallas out of 34 for 2022. LUXURY RETAIL/SHOPPING: Highland Village homes are a stones throw away from the Highland Village Shopping Center. Most Expensively 2023. Bellaire - $206,734. While Southlake has a relatively low unemployment rate of 3.4%, it is also one of the most expensive cities in Texas. Living in Plano Dallas provides an excellent quality of life for African Americans. There are many sprawling estates in this area that are hidden from view by trees, and there are also large ranch-style residences. University Park is considered one of the overall most affluent neighborhoods in Texas. Bunker Hill Village sits at the westernmost part of the Memorial Villages, adjacent to Piney Point to the east and Hedwig to the north. These are Lamar High, Lanier Middle, and Poe Elementary. 1) Hilshire Village, Texas. Each Houston Properties Team member is a specialist in their rolewhich is why our homes sell faster and for more money than average. Bellaireis located in southwest Harris County. Townhouses and condos rule this areas local real estate market, and an abundance of sidewalk space makes it easy for residents to walk or bike along the tree-lined streets. It is a two-story Mid-Century modern mall along Bellaire Boulevard. - 2017: #1 Individual Agent, Keller Williams, Texas West University Place is surrounded by the cities of Bellaire, Houston, and Southside Place. We aim to deliver bite-sized pieces of infotainment about where you live. Some townhomes in the area feature smaller floor areas, around 1,500 to 2,000 square feet. The Royden Oaks area, in particular, is right next to the River Oaks neighborhood. Amenities include resort-style pools, Mercer Arboretum, a playground, and grand rooms for events. Residents shop at The Woodlands Mall, Market Street, Portofino Shopping Center, H-E-B, and The Woodlands Town Center. She was appointed by the mayor of Houston to be on the downtown TIRZ board. EXCLUSIVITY: The Afton Oaks Neighborhood is home to some of Houston's most expensive properties in Houston. Major employers like the Valero Energy Corporation and NuStar Energy help to supply the areas job market with high-yield professions. It is located only a few minutes from the city center and is best known for its charming collection of tree-lined streets, cottage-style architecture, and easy access to downtown. Once you're done, you can look at the bottom of the story for a complete chart of every neighborhood we looked at from richest to poorest. River Oaks features a mix of grand mansions, traditional homes from the 1920s and 1930s, luxury condos, and townhomes in gated communities. This small town is home to about 5,371 people, and its one of the richest towns in Texas. Learn how your comment data is processed. Flower Mound is another of the richest cities for environmentalists and nature lovers alike. According to Investopedia, the richest neighborhood in Houston is Piney Point Village, where the median house price is $1,784,461. The greatest number of Melissa residents report their race to be White, followed by Asian. Neighborhood #1: Hunter's Creek Village On the top of our list is Hunter's Creek Village. Alamo height ranks the seventh on our list. Approximately 746 residents live in Hilshire Village . It is part of the San Antonio Metropolitan Statistical Area. The population of the city increased over the years. An area that attracts wealth and stability, Flower Mound boasts an aesthetic community layout, high per capita income ($60k), and high average home values ($615k). Ideally situated between Grapevine Lake and Lake Lewisville, this city possesses some of the most stunning green spaces, walking trails, biking paths, and equestrian centers in the state. 2. With a per capita income of nearly $100k, Southlake is one of the richest cities near Dallas. Real estate in Highland Park consists mostly of single-family homes available on the market from $500,000 to over $10 million. PREMIER NEIGHBORHOOD: Southampton has luxury homes and vintage bungalows. EXCELLENT LOCATION: Piney Point contains some of the city's most prestigious real estate. 2020: #1 Individual Agent, Keller Williams, Texas (Top Keller Williams Realtor) Many of them were built in the 1920s, but there are plenty of newer homes to choose from as well. All rights reserved. Melissa is the last on our list of the top ten richest cities in Texas. LUXURY HOMES: Boulevard Oaks is home to some of Houston's Most Expensive Mansions. McAllen, which has a reputation for being quieter than the border towns of Brownsville and Laredo, has a nice downtown area and is nicknamed "City . Numerous multimillionaires reside in Dallas, one of three Texas towns to appear on the list of the world's richest cities. Seventy percent of the population is black in DeSoto, according to City-Data . Property prices are not as extreme either way as in some other Dallas neighborhoods, as all the properties are worth between $1.5 million and $1.9 million. The Richest County in Texas is Rockwall County with a median household income of approximately $103,000. And while they probably aren't made of ticky tacky, they are definitely made of money. CENTRAL LOCATION: West University enjoys close proximity to Rice University, Texas Medical Center, the Galleria, Downtown Houston, and the Museum District. La Colonia Escondida. 306 Champion Falls: Champions Ridge ($770,000) 9. It is located just north of the Texas Medical Center. Get the advice of our luxury realtors - we care more. Perfect for anyone interested in a big-city lifestyle, this area is home to an abundance of highly acclaimed restaurants, shopping centers, and luxury neighborhoods. Bellaire City, the second richest city in Texas, United States of America is well known as the City of Homes because of its feature characterized by residents mostly. increased sphere of influence and exposure to more potential buyers. The three major cities are situated along the Midtown San Antonio, Uptown San Antonio, Fort Sam Houston, and then Downtown San Antonio. Related: The 10 Most Expensive Places to Live in Texas. Its relatively low poverty rate also tends to make Southlake an expensive area, with home prices averaging around $1.1M. Learn These Five HabitsContinue. . Hunters Creek Elementary and Memorial High are National Blue Ribbon Schools. This city is majorly for people of the upper class. Population 36,649. We looked at one simple criterion: Which neighborhoods have the highest median income? Information is provided for informational purposes only. We've included the summary real estate statistics for Houston's Most Expensive Neighborhoods. The center of Dallas is 64 km southwest of Melissa. PARKS & RECREATION Located in the heart of Buffalo Bayou, the River Oaks Shopping Area allows residents to enjoy the various hiking, walking, and bike trails in the vicinity. Hilshire Village is a small city and neighborhood located in Harris County in Texas with a median income of $66,620. GOOD COMMUTE: Located west of Downtown Houston and north of Galleria/Uptown area, the neighborhood features easy commute to major roadways, including the San Felipe Street, Memorial Drive, Loop 610, and Katy Freeway. 24/7 SECURITY: Boulevard Oaks has private security provided by the Houston Police and Harris County officers. With its beautiful residential architecture, stunning views, and low taxes, Texas is becoming an increasingly popular alternative to the expensive west coast. Its central location gives residents easy access to an abundance of local employers and job opportunities, which keeps the per capita income around $75k. Due to the neighborhood's deed restrictions, Braeswood Place is mainly made up of detached single-family homes. It also rivaled prices from homes in Southampton Place and Boulevard Oaks. Terrell Hills began to develop as a city when Dr. Terrell sold some acres of the city to Terrell Hills Community. Chris Kolmar has been in the real estate business for almost ten years now. EXPANSIVE LOTS: Bellaire's lot sizes vary widely, though the standard 75 feet by 130 feet lot parcels are more spacious than West University's 50 by 120 feet lots. It is a hub for large corporations, such as Sabre Holdings, Neiman Marcus, and Santander Consumer USA all of which help keep the local community well-employed. A total of 18 billionaires live in Dallas with a combined net worth of $57.9 billion. PROXIMITY TO BUSINESS: The neighborhood is just off to Galleria/Uptown area and Upper Kirby/Greenway Plaza. PROXIMITY TO GALLERIA: Galleria and its hundreds of shops, bars, and restaurants are minutes away from Hunters Creek. Initially developed in the early 2000s, Chapel Creek also has homes built as recently as 2012 or newer. Go here for the full report. However, those who live here know that the size of Texas gives rise to quite a few wealthy citiesand the following are 10 of the richest cities in Texas according to median household income and per capita income measures. The state is booming and so is its real estate sector. The population was 31,292 at the 2019 census. Briargrove has around 900 homes. The towns estimated median household income of $146,733 is more than double the states $61,874. The center of Dallas is 64 km southwest of Melissa. In addition, weve included a bit about each city to give you an idea of what makes it so successful. Here are the 10 wealthiest cities in Texas in 2021, according to HomeSnacks: 1. An area that attracts wealth and stability, Flower Mound boasts an aesthetic community layout, high per capita income ($60k), and high average home values ($615k). Although the property price range in Forest Court is quite broad, with houses costing anything from under $500,000 to $7.5 million, the median price is $2 million in this neighborhood. - 2015: Five Star Realtor, Texas Monthly Magazine The median household income in Melissa, TX is $118,348. In case you're wondering, the cost of living average for all cities across the nation is 100. Southlake, Texas is one of the richest cities in the nation with a median income of $240,248. It is a neighborhood that attracts affluent families, as the Highland Park School District falls within the boundaries of this neighborhood, and it is one of the most highly rated schools in Texas. Paradise Valley. The Highland Park Village also offers a great selection of local boutiques and high-end retailers. For more Dallas reading, check out the best neighborhoods in Dallas and the worst neighborhoods in Dallas. They have been featured on TV and in dozens of publications including The Wall Street Journal, Fortune Magazine, Reuters, Fox News in the Morning, Money Magazine, Houston Business Journal, Houstonia, and Houston Chronicle. The METRORail Red Line has three stops within the Museum District. A post office, stores, school, and other buildings followed. Terrell Hills, located in Bexar County made it to fifth place. Aside from its lively arts and culture scene, the Museum District also offers a lot of outdoor entertainment and recreation options in Hermann Park. SHOPPING, DINING & ENTERTAINMENT: With the River Oaks Shopping Center at its heart, the area boasts convenient access to retail shops, restaurants, and entertainment venues. WELL-MAINTAINED COMMUNITY: The Afton Oaks Civic Club handles common area maintenance, deed restriction enforcement, and other services like additional security. - 2018: Americas Best Real Estate Agents, RealTrends.com Students can attend the Lanier Middle School, rated 9/10 by Greatschools.Org. The Memorial Villages (Piney Point and Hunters Creek) are north of Briargrove. The Energy Corridor is only 6 miles west of the city, providing excellent access to various retail spots. - 2015: #1 Individual Agent, Keller Williams, Texas Because of its increased exportation rate, it has stood to be the second-highest gross state product. Traditional, French, and Georgian are some of the styles of most Memorial Villages homes. Top employers include retail chain Bass Pro Shops and Prosper Independent School District, which serves more than 10,000 students at 11 schools across town. 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