Individuals of all ages flock to the Lone Star state, seeking luxury living for a fraction of what it might cost elsewhere. GREAT ACCESSIBILITY: Bellaire homes are near main roads and freeways including Loop 610, Southwest Freeway, Bissonnet Street, and Bellaire Boulevard. Top 10 Richest Black Communities in Texas | #BlackExcellist Black Excellence Excellist 361K subscribers Join Subscribe 18K 673K views 2 years ago Black Excellist: Top 10 Richest Black. TOP RANKED SCHOOLS: River Oaks homes are zoned to the Houston Independent School District (HISD). Our team, composed of distinguished and competent Houston luxury realtors, has a well-defined structure based on the individual strengths of each member. In Southlake, Texas, you can find well-paying jobs, nice homes, good schools, and a relatively low cost of living. 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. Go here for the full report. It has Bellaire to the west, Southside Place to the south, and Houston to the east and north. It has a per capita income of $69k, which is more than double the state average. 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. The area enjoys large lot sizes compared to the standards in Houston. The city was formerly an agricultural and residential hub that started in the middle of Westmoreland Farms. All of the wealthiest neighborhoods in America on Bloomberg's Richest Places Index have average household incomes over $300,000. Likewise, an active civic organization enforces deed restrictions in the area. The homes in Terrell Hills are not only beautiful, but theyre also historic. When Does a Seller Get Their Money After Closing on a House. Highland Park is one of the richest cities in Texas with a per capita income of $149,069 and a median household income of $211,136 as of 2019. Houstons economy is driven by the oil and gas industries, tourism, manufacturing, and health care. Major employers like the Valero Energy Corporation and NuStar Energy help to supply the areas job market with high-yield professions. Southampton real estate has shown impressive appreciation rates through the years. State: Texas. The several nations that had ruled over the territory of Texas are termed as the Six Flags Over Texas. It is between the Houston -sugar -land -Baytown. Southside Place has its police and fire departments. Braeswood Place is located 6 miles from Downtown Houston. 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). 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. Factors that make Hunters Creek a much-coveted choice: EXCLUSIVITY: Hunters Creek makes it to the Forbes list of Houston's Top Suburbs to Live Well. The median family income in Bellaire is $165,000 and the per capita income is $101,097 with a median household income of $206,734. The Royden/Afton Oaks area has approximately 700 homes. Arlington Heights. Owing to its central location, the neighborhood is a well-liked option. The woodlands of Sugar-land in the Metropolitan area and its nicknamed as the The Neighborhood which is a bedroom community for Zenith class households mainly. The upscale Houston gated community of Caceres is a few minutes from the area. Telfair One of the most current master-planned communities in Sugar Land, Telfair, covers a territory of 2,018 sections of land with more than 250 sections of land devoted to parks, lakes, and play areas. Furthermore, certain areas command a premium. CENTRAL LOCATION: West University enjoys close proximity to Rice University, Texas Medical Center, the Galleria, Downtown Houston, and the Museum District. LAND VALUE: Add up to its exclusiveness and charm, its HOA (Highland Village Civic Club) has helped keep an invigorating yet private atmosphere. The population was 15,603 at the 2019 census. Hillside East, Anchorage, AK. For more Dallas reading, check out the best neighborhoods in Dallas and the worst neighborhoods in Dallas. Fair Oaks Ranch is one of many American cities that features extremely expensive real estate. We analyzed a significant sample of cities with similar populations like Everett, WA and Bridgeport, CT, and found homes in Mesquite cost much less. With over $500M real estate sales, the Houston Properties Team is the #1 Boutique Real Estate Team in Houston. MEMORIAL PARK: This urban park features the top-rated Memorial Park Golf Course as its key feature. The city is located in north-central Collin County. With a population of only 5,371 people, Terrell Hills may be one of the smallest cities in all of Texas, but it is also one of the richest. Therefore, the areas with the most expensive properties also attract those with the highest incomes. Amenities may include private balconies, valet and concierge services, and reserved parking. Circle C. Flickr/Lars Plougmann. With all of this and more, its no wonderMoneymagazine recently ranked Flower Mound as the nations fourth Best Place to Live for 2021-2022. The top 25 wealthiest Houston-area ZIP codes are ranked by median household income. Two well-to-do Dallas-area communities, Southlake and Highland Park secured second and third place consecutively. The city can be found in Collin and Denton Counties. REAL ESTATE APPRECIATION RATES: Home prices are well over $1M, with one of the highest 10-year land value appreciation rates in Houston. 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. Due to the diversity of the properties, the price range is also wide, with homes costing between $305,000 and $11.9 million. Or, for living around Dallas, out the best Dallas suburbs and the worst Dallas suburbs. It's a great opportunity for buyers. Parts of the University of the Incarnate Word were in Alamo Heights. Related: The 10 Most Expensive Places to Live in Texas. Paige also serves a variety of non-profits, and civic and community boards. And then you have the wealthiest neighborhoods, where no one can afford to live. The 8 Richest Neighborhoods in Colorado in 2023 8. Tanglewood is a wooded community in Houston featuring ranch-style homes, oak trees around the neighborhood, and exclusivity. There is an overwhelming amount of information out there about the most luxurious homes and neighborhoods in Houston. Thus, a variety of amenities are accessible to the neighborhood. According to Home Snacks, the median household income in this neighborhood is $114,929. Its local per capita income of $84k is nearly triple the states average, which earned it the number one position in. Texas is generally sub-grouped into two broad ways, which are the East and the West. 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. Terrell Hills was named after a local bank president who served as a mayor of San Antonio, Dr. Terrell Frederick. RETAIL AND ENTERTAINMENT: The neighborhood provides easy access to around 200 restaurants, cafs, and bars. The more middle-class Edinburg, 5 miles north, is home to the University of Texas Pan American campus, the largest higher education facility in south Texas. 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. Ahwatukee Foothills. To qualify for this list, the neighborhood must have at least 15 home sales in the past year. Now a look at how all the neighborhoods in Dallas ranked. A few interesting trends stood out. 21 Los Altos Hills In California. The city has a history that dates back to the mid-1800s, but it wasnt until 1946 that Alamo Heights became incorporated into a city. Homes in the neighborhood sit on large lots, ranging from 7,000 to more than 20,000 square feet. The city's spacious luxury properties range from 15,000 sqft. The sizes range from 7,000 to 10,000 square feet. Initially developed in the early 2000s, Chapel Creek also has homes built as recently as 2012 or newer. For those who enjoy shopping, Highland Park Village is an open-air shopping center that offers local boutiques as well as high-end retailers like Chanel and Hermes. 2020: Best Houston Real Estate Team, Best of Readers Choice The daily life of a wealthy San Antonio resident can include a $4,000 annual golf . Bunker Hill Village sits at the westernmost part of the Memorial Villages, adjacent to Piney Point to the east and Hedwig to the north. The community is very walkable and tree-lined with beautiful homes and landscaping. Large city complex - Southeast Texas, 50 miles inland from the Gulf Coast. The residents can enjoy the area's tree-lined streets, expansive lots, and well-kept grounds. - 2016: Five Star Realtor, Featured in Texas Monthly Numerous multimillionaires reside in Dallas, one of three Texas towns to appear on the list of the world's richest cities. On the other hand, there are also residences available costing between $700,000 and $1 million for those who cant afford the communitys most luxurious properties but want to live in this desirable location. The River Oaks Country Club is approximately one mile away from the neighborhood. - 2016: Texas Most Influential Realtors . . When you click through real estate links on our site, we earn an affiliate commission. Preston Hollow is a neighborhood in North Dallas close to University Park. Loop 610, Buffalo Speedway, Braeswood Boulevard, and Main Street are only minutes away. According to the most recent census data, University Park looks to be the richest Dallas neighborhood to live in. Houston is the city with the second most billionaires with the highest combined net worth in Texas. 16 %. Celina was established in 1879 and named after the first postmaster town, Celina Tennessee. The community enforces various deed restrictions and neighborhood maintenance. It is one of Houston's Most Expensive Neighborhoods along Southwest Freeway. The development of Prosper City accelerated when the county courts commanded that parts of the land should be sold. Near the city's major job centers and entertainment hubs. Paradise Valley is the safest place to live in Phoenix. This city got incorporated as Southlake in 1956 and this was after the construction of Grapevine Lake. 16% higher than Fort Worth. Real estate in Highland Park consists mostly of single-family homes available on the market from $500,000 to over $10 million. Hunters Creek is one of the most affluent and expensive neighborhoods in the state of Texas. 2020: Top Real Estate Team (Houston Properties Team), Houston Business Journal MEMORIAL PARK GOLF COURSE: The John Bredemus-designed course has a 73-course and 122-slope rating. Median home sale prices are based on single-family home sales. Some of the most popular neighborhoods for black residents include: Willow Bend, Preston Hollow, The Colony, and Murphy. We've included the summary real estate statistics for Houston's Most Expensive Neighborhoods. Hillside East is located in the Borough of Anchorage. Some of these companies are The Avera Companies, Urban Companies, and Chevron. HISTORIC ARCHITECTURE: Homes in Boulevard Oaks feature a wide array of architectural designs. Homes in East Shore are zoned to Conroe ISD. It is also close to other upscale neighborhoods, such as River Oaks District and Highland Village. - 2016: Americas Best Real Estate Agents, RealTrends.com Southlake is predominantly city situated within the County of Tarrant with Denton County as its minor area by extension in the Texas State, United States. River Oaks features premier living, notable schools, and accessibility. Melissa is the last on our list of the top ten richest cities in Texas. It is zoned to IB World Schools, including Lanier Middle and Lamar High. With all of this and more, its no wonder. The 10 Most Beautiful Places to Live in Colorado, The 20 Best Places to Live in Nashville, TN, Tips on How to Use a HELOC To Buy Real Estate, Want to Be a Landlord? Rebecca Salinas , mySA.com / San Antonio Express-News. Barton Creek. There are also some slightly more affordable options in this area, as property prices start at around $895,000. Move over, Manhattan. 2021: #1 Real Estate Team, Keller Williams Memorial LUXURY RETAIL/SHOPPING: Highland Village homes are a stones throw away from the Highland Village Shopping Center. The Richest Neighborhoods In Dallas For 2022 University Park ( Homes) Highland Park ( Homes) North Dallas ( Homes) Bluffview ( Homes) Reunion District ( Homes) Preston Hollow ( Homes) Oak Lawn ( Homes) Convention Center District ( Homes) Main Street District ( Homes) Newly constructed custom-built homes are available as well. The Houston Arboretum and Nature Center, along with several miles of trails and picnic areas within the Memorial Park, is only a couple of miles away. - 2014: Americas Best Real Estate Agents, RealTrends.com Briargrove is known for its ranch-style homes on large wooded lots. The city is also perfect for health-conscious individuals who prefer a wealthy community of tightly-knit individuals. It is independent of the Houston Police Department. These neighborhoods are largely residential, featuring single-family homes with generous lot sizes between 8,000 to 10,000 square feet. Contact us at Paige@HoustonProperties.com for a full report. Cordillera Ranch Median Home Value: $989.9K Home Price Per Sq Ft: $300 Population: 1,200 Average Household Income: $190,000 Cordillera Ranch is a luxury master-planned community spread across 8,700 acres of unrivaled Texas Hill Country splendor. WELL-MAINTAINED COMMUNITY: The Afton Oaks Civic Club handles common area maintenance, deed restriction enforcement, and other services like additional security. We also considered the median home price in each city between January and November 2022. Alamo Heights is one of the wealthiest areas in Texas and is a part of the greater San Antonio Metropolitan area. Based on the growth in home prices in Countryside over the last 3 years, it ranks No.1 among all the neighborhoods in Austin. 1. The city also has a large international community with many corporations headquartered there based on the citys population size and business-friendly laws. 2. However, it is important, Read More Want to Be a Landlord? This allows residents to have pleasant and tranquil surroundings. Southlake, Texas is one of the richest cities in the nation with a median income of $240,248. The center of Dallas is 64 km southwest of Melissa. Another expensive neighborhood in Frisco, homes in Chapel Creek range from approximately $850,000 to over $3,000,000. In economy, Bellaire City has light industrial, mixed-use of public and private uses and then the commercial properties. Highland Park The richest city in Texas is Highland Park. It features some of the most expensive real estate in Houston. 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. Melissa is the last on our list of the top ten richest cities in Texas. These local amenities typically attract nature-loving residents who want the best parts of an affluent city life without the inner city prices. Learn These Five Habits, The 10 Richest Neighborhoods in Minneapolis, The 10 Richest Neighborhoods in Pittsburgh, The 10 Richest Neighborhoods in New Orleans, The 10 Richest Neighborhoods in Cincinnati, The 10 Richest Neighborhoods in St. Louis, How Bebe Rexha Achieved a Net Worth of $10 Million, The 20 Worst Cities for Human Trafficking in the World, How Simu Liu Achieved a Net Worth of $4 Million, The 20 Best Chevy Muscle Cars of All-Time. Southlake - $240,248. The population of the city increased over the years. Sectioned to either Houston's Top Suburbs or Inner Loop's Best Neighborhoods. There are a total of 14 billionaires in . Along with the Highland Village, boutiques and restaurants in Westheimer and San Felipe are minutes away. The Woodlands residents enjoy a 1,700-acre nature preserve and several lakes and ponds. 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. Some of these schools include Memorial High School, Memorial Drive Elementary, and Kinkaid School. There are also some of the largest urban centers in the United States. And, with a local per capita income of roughly $128k, this area is ideal for individuals interested in a wealthy lifestyle. Mostly known for his electric car company Tesla, space exploration company SpaceX and his recent acquisition of Twitter, Elon Musk has his eyes set on a new income stream deriving from real estate . 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. ACCESSIBILITY: The residents have access to main roads such as I-10, Memorial Drive, Loop 610, Washington Avenue, and Allen Parkway. Southlake became a boom-burb afterward. The area of Memorial Park is one of the most renowned neighborhoods within the Inner Loop. Ten-year appreciation rates compare 2010 to 2020 and are based on the median sales price. EXCELLENT LOCATION: River Oaks is one of the Hottest Neighborhoods in the Inner Loop. 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 area showcases long driveways, wide setbacks, generous lawns, and yards. Explore 9 neighborhoods where African American businesses districts flourished and served as examples of Black economic self-empowerment. Median land value prices are based on both homes sold at lot value and lot sales. Metro Area: Houston-The Woodlands-Sugar Land Metro Area. Some popular attractions include Armstrong Park and Glencoe Park, which have playgrounds and picnic areas. LUXURY CONDO LIVING: The Museum District has both established landmarks like the Warwick Towers and 1400 Hermann as well as newer condos like Oaks on Caroline and Museum Flats. Her works have been featured on Good Housekeeping,Next Luxury,Wanderlog,NurseJournal,NewsBreak,ThaiWare,and Yahoo. Like nearby Memorial area communities, Briargrove features updated/remodeled houses. 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. Alamo Heights is predominantly white collar with almost 98% of the workforce employed in white-collar jobs, well above the national average. Bordering San Jose, this posh neighborhood easily attracts celebrities and even baseball legends, such as Barry Bonds, forbes.com says. 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. PROXIMITY TO RETAIL AND ENTERTAINMENT: Retail and entertainment venues, including River Oaks Shopping Center and the Galleria, are only a short drive away. Shady Oaks homes are considered architectural masterpieces, standing on enormous lots as part of a wealthy communitythat has been voted one of the richest neighborhoods in the country. Prosper, a boutique city in Collin and Denton counties, is one of the most affluent communities in Texas. EXCLUSIVITY: The deed-restricted neighborhood is among Memorial Villages' six upscale independent cities. 1. They provide 24-hour security. The Highland Park Village also offers a great selection of local boutiques and high-end retailers. Students can attend the Lanier Middle School, rated 9/10 by Greatschools.Org. This is our ninth time ranking the. The Hedwig Village remained popular thanks to its: ACCESSIBILITY: Situated along the Katy Freeway, the community is just north of Bunker Hill and the Piney Point Villages, and west of the Hunters Creek. Bellaire is surrounded by West University Place and Houston. 2021: Top 100 Women Leaders in Real Estate of 2021 The West U Place operates a telephone exchange center located at 4068 Bellaire Boulevard, and that serves as its main source of income as well. ACCESSIBILITY: Bunker Hill's main roads, like Memorial Drive and Gessner Road, go through the neighborhood. Top 10 Richest Countries in Latin America, List Of Companies In Canada Hiring Foreign Workers (2022), Top 10 Cheapest Grocery Stores In Toronto (2022), Top 10 Richest Indians In Australia (2022), Top 10 Poorest Cities In The World (2022). Out of the many regions, here are the 10 wealthiest neighborhoods in Texas according to the demographics recorded in the 2010 United States census. These are Lamar High, Lanier Middle, and Poe Elementary. Additionally, the citys per capita income ($99k) and household spending are roughly double the nations average, making this area perfect for anyone who prefers a lavish lifestyle. Some townhomes in the area feature smaller floor areas, around 1,500 to 2,000 square feet. All Rights Reserved. Southlake is known for its high-income households. - 2019: Top Residential Realtors in Houston, Houston Business Journal Multiple restaurants, boutiques, bars, and lounges also line Westheimer and San Felipe. Texas is the leading state in terms of agriculture, electronics, biomedical sciences, computers, energy, and aerospace with the emergence of its well-grown industry base. The city is located in Tarrant County and is a suburb of Dallas Fort-Worth. Bellaire is surrounded by West University Place and Houston. West University also goes by The Neighborhood City as it exudes a small-town look that makes West University homes for sale highly desired. Bellaire - $206,734. Here's a look at the top 10 richest neighborhoods in Dallas out of 34 for 2022. However, the property prices range from just under $900,000 to a staggering $19.5 million. It also rivaled prices from homes in Southampton Place and Boulevard Oaks. Paige Martin was just ranked as the #5 agent in the world with Keller Williams, completing over $1 Billion in Houston residential real estate sales. Main roads, like Memorial Drive Elementary, and well-kept grounds the residents enjoy. 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