List prices in the Energy Corridor have increased approximately 40% between January 2010 and January 2020. A number of residences were also built between 1970 and 1999. WebIn the Energy Corridor Northeast neighborhood in Houston, TX, residents most commonly identify their ethnicity or ancestry as Mexican (28.0%). We calculate rental price trends as the average annual change in market rent paid in the neighborhood over the latest 5 years. The average rental price in Energy Corridor Southeast is currently $1,945, based on NeighborhoodScout's exclusive analysis. Houston, TX (Prestonwood Forest Dr / Cypresswood Dr), Houston, TX (Butte Creek Rd / Elk River Rd). What we choose to do for a living reflects who we are. These two elements more than most others, define a neighborhood and help to create its character. WebThe Energy Corridor is one of them. Police believe he was followed to his home in the 700 block of Trademark Place in the Energy Corridor. 3=Average These are students enrolled in higher education as either undergraduates or graduate students. Educational Environment: 2020 (latest available). The district is connected to a wider trail system by trailheads at the intersection of Eldridge and Enclave and at Mayde Creek as it passes under Interstate 10. The amount of time spent commuting tells a lot about a neighborhoods access to jobs and the degree of congestion in the area. Setting, Housing Stock, Homeownership: 2020 (latest available). Percentages are based on the number of housing units in the neighborhood of each housing type. Energy Corridor Southeast. Another 23% of residents have earned a masters degree or a higher degree. The Energy Corridor along Interstate 10 in west Houston is sprucing itself up as it addresses growth. WebCorporate Housing in Houstons Energy Corridor Utilities, TV, High-Speed Internet, Linens, & Kitchenware Included in Every Rental! [7][10], Between 2001 and 2013, the district more than tripled its total property value, from $600 million to over $2 billion. RATINGS: The total level of water ranged from 4.5 feet (1.4m) to 5 feet (1.5m). 4=High 47% of residences have 3 bedrooms, and 30% of properties have 4 bedrooms, which indicates that 6% of other housing options have 5 or more bedrooms. This bike trail is located in a well-maintained park that also features seating areas and waterfront activities. results may differ materially from what is predicted in any information provided by Location Inc. Conventional means that the mortgages are neither insured nor guaranteed by the FHA, VA, or other federal government entity. Please note: Unemployment data updated November 2022. 1=Very Low [46], The Village School is near the Energy Corridor. 3=Similar Price The 3 year appreciation forecast for each region is classified into 1 - 5 categories based on how this regions forecast 3 year performance compares to the real estate appreciation rates experienced in all regions nationwide for every 3 year period since 1999. Methodology: Ashford, which occupies 570,052 square feet in Houstons Energy Corridor, has registered the most leasing activity in Accessos Houston portfolio since the pandemic. We consider short, medium and longer one way commute times of 15, 30, and 45 minutes and sum up the total number of jobs paying at least $75,000 within each. The Energy Corridor falls within the boundaries of 3 separate school districts: Houston Independent School District, Katy Independent School District, and Spring Branch Independent School District. Students living in the southern section of the neighborhood are directed to attend Houston ISD schools. To give a broad picture of the neighborhoods real estate market, less than 10% of properties in the neighborhood are worth under $112K. Crime risk data are updated annually. Same-sex couple data is available under Household Type.). [53], See: List of colleges and universities in Houston, Coordinates: 2946N 9538W / 29.77N 95.63W / 29.77; -95.63. While this may seem like a small percentage, it is higher than 99.9% of the neighborhoods in America. The result is that potentially great matching neighborhoods can be missed, and erroneous matches can also be produced and delivered to you. In addition, Zip Codes can have as many as 10 distinctly different census tracts contained within them. This provides context for comparing regional performance against historical benchmarking. Two general aviation airports serve the Energy Corridor: West Houston Airport, near Addicks Reservoir, and Houston Executive Airport in unincorporated Waller County. The latter was built to serve employees of firms in the Energy Corridor. 1=Very Low user's sole cost and expense. Crime, My Chances of Becoming a Victim of a Another 40% of properties range between $112K-$224K, and 28.5% range between $224K-$336K. of U.S. neighborhoods. The predominate size of homes in the neighborhood, based on the number of bedrooms. Raw data sources: 2=Disadvantage Date(s) & Update Frequency: The result? NeighborhoodScout provides exclusive crime risk analytics for every neighborhood in America with up to 98% predictive accuracy. any warranties of any kind. In fact, our nationally comparable school ratings are patented. SpotCrime crime map shows crime incident data down to neighborhood crime activity including, reports, The reduction is even more drastic when ", Metropolitan Transit Authority of Harris County, Texas, Spring Branch Independent School District, "The Energy Corridor District: Land Use and Demographics", "Energy Corridor a hotbed of car-free transportation planning", "Parks and Recreation in the Energy Corridor", "Extensive tree program gets kudos for Energy Corridor", "Oil crisis to increasingly affect non-energy markets in West Houston", "The Energy Corridor's hurting, but there's one bright spot for commercial development", "Exxon takes Energy Corridor property to market", "Flood Waters Could Continue to Cover Memorial for Weeks", "ConocoPhillips scraps sublease plans; will relocate Houston HQ to Energy Center 4", "Citgo chooses west Houston Energy Corridor digs", "Foster Wheeler USA Corporation: Private Company Information", 2013 Inventory and Database CDS Market Research, "Wood Group Mustang (Westgate III) Headquarters Building", "WorleyParsons Moves Headquarters to Energy Corridor", "Engineering co.'s oil and gas division leases half of Energy Corridor building", "Dow Center to relocate to Energy Corridor", TRANSPORTATION / A flurry of airport expansions in the Houston region can serve corporate customers who don't like the hassles of airline travel, "Katy ISD Schools and Facilities 20162017", "Energy Corridor to get a Kendall Neighborhood Library and Community Center", "Nearly a year after Harvey's floods, six Houston libraries remain shuttered some indefinitely", "The Energy Corridor proposes 'Central Park' project", Energy Corridor Management District webpage, San Jacinto Battleground State Historic Site, List of colleges and universities in Houston, https://en.wikipedia.org/w/index.php?title=Houston_Energy_Corridor&oldid=1136361568, Articles with dead external links from September 2018, Articles with permanently dead external links, Short description is different from Wikidata, Pages using infobox settlement with no map, Creative Commons Attribution-ShareAlike License 3.0, Harris County Improvement District #4 (Energy Corridor Management District), This page was last edited on 30 January 2023, at 00:02. Lupe Tortilla is a favored Tex-Mex establishment with highly recommended margaritas, while BBs Tex-Orleans specializes in Cajun dishes. Enter your name and email address below and we'll send you a comprehensive guide of the Energy Corridor neighborhood for free! Methodology: (Note that smaller lakes are not included, or neighborhoods that have little shoreline on a lake, relative to the size of the entire neighborhood). The estimated median household income is $86K. The Scout Vision Jobs Score Index rates neighborhoods on a 1-5 scale according to how many high paying jobs are within commuting range of the location. "Match Any Neighborhood" calculates the Match Level of one neighborhood to another using more than 200 characteristics of each neighborhood. Neighborhoods. Visitors also frequent this location to explore paved jogging and biking trails. Rattan Pan Asian Bistro & Wine Bar includes a sleek selection of drinks. Call Leasing (877) 683-4359 Approximate Starting Prices For This Area 1 Month Lease call for rates 2 Month Lease call for rates 3 Months or Longer from $90/night List View Map View The market rental prices may be low, but are they going up? (Vacant units are counted separately.). These are the types of employers who neighborhood residents work for. Energy Corridor Man found shot to death inside car with 3-year-old in backseat Police say they found a man shot to death in a car with his foot still on the (Note that smaller lakes are not included, or neighborhoods that have little shoreline on a lake, relative to the size of the entire neighborhood). We consider short, medium and longer one way commute times of 15, 30, and 45 minutes and sum up the total number of jobs paying at least $75,000 within each. RATINGS: Another NeighborhoodScout exclusive. Rates the quality of all K-12 public schools that This pre-kindergarten-5 campus has a diverse student population of around 500. The Energy Corridor falls within the boundaries of 3 separate school districts: Houston Independent School District, Katy Independent School District, and Spring Branch Independent School District. These are people currently active in the military. Date(s) & Update Frequency: This established campus is routinely well-rated among parents and teachers. 1=Very Low performance or prediction of real estate values. What are the risks of violent crime here? Regional Appreciation Potential (3yr) A reported 56% of students at this campus qualify for free or reduced lunches. [44], Katy ISD residents are zoned to Wolfe Elementary School, Mayde Creek Junior High School, Mayde Creek High School, Memorial Parkway Junior High School, and James E. Taylor High School. Expenditures: National Center for Education Statistics. [49], Of all HPL branches the Kendall Library received the most severe damage during Hurricane Harvey in 2017; the damage, which affected the electronic system and elevator, but not most of the books as the majority were on the library's second floor, included mold and was so severe that HPL employees re-entered the branch several days after the flood. Price advantage score The Scout Vision Regional Housing Affordability Index is the ratio of the years of median household income in the region, to the median house value in the region. Is the risk of home break-ins or other property crimes increasing? Even larger 5 properties can start around $400K and range into the millions. The 75 connector also connects with routes along Westheimer Road and Memorial Drive. We analyze school test performance for all schools that serve this location, and calculate the average annual increase or decrease in the school performance index, based on the percentage of students testing proficient or advanced in standardized testing. More diverse than Some places look the same, but they only reveal their true character after living in them for a while because they contain a unique mix of occupational or cultural groups. The exact square footage of Enbridges new 14-year sublease was not immediately available. The time is calculated for all residents working outside the home. [3] These parks are located within Barker Reservoir and Addicks Reservoir, respectively, which comprise a major flood control system for Buffalo Bayou. Location Inc. expressly disclaims any warranty of accuracy or predictability, and any warranty of Home Values, Rents: Reflects Q3 2022. These are the ways neighborhood residents have self-reported their race and ethnicity to the US Census. In this example, the neighborhood is one of the highest appreciating in the nation over the last 5-years, but is only average in appreciation for the same period relative to other neighborhoods in the Santa Cruz-Watsonville, CA Metro Area. Always check with your local school department to determine which schools your children may attend based on your specific address and your child's grade-level. George Bush Park is a nearby county park within Barker Reservoir. A very small part of the Energy Corridor is in HISD with Barbara Bush Elem. No representation is made as to the accuracy of any forecast, estimate, or The estimated median sales price in the Energy Corridor is $340K. It is well-known for its commercial developments, possessing an astronomical 94,000 employees and more than 300 businesses in its employment center. 4=High The percent of all current neighborhood residents who were not living in the same house one year ago. Crime risk indices are nationally comparable on a 1 100 scale, where 100 means safer than 100% of U.S. neighborhoods. A corporate beacon in the Energy Corridor Corporate guests can expect proximity to Fortune 500 oil and gas companies and just a 20-minute drive to downtown Houston. 21% of the population is of Asian descent, and 21% of residents are African American. Depending on where you live in the neighborhood, your children may attend certain schools from the above list and not others. This reveals trends in demand for real estate that can drive pricing, or reveal declines in demand, at every relevant distance from the subject location. 80% is a very good, but not excellent match, and so forth. These are the types of employers who neighborhood residents work for. The park spans approximately 7,800 acres and includes 2 soccer fields, 6 baseball fields, a dog park, and massive stretches of undeveloped land. In the Energy Corridor Southeast neighborhood, a greater proportion of the residents living here today did not live here five years ago than is found in 95.5% of U.S. Urban: Generally between 5,000 and 10,000 people per square mile, these are full built up places although not among the most dense in the country. This captures the true culture and character of locations, economic conditions, and trends. Appreciation Potential (3 years) Published tax rates may differ slightly from the average effective rates used by NeighborhoodScout, where NeighborhoodScouts tax rates more closely follow the taxes paid by property owners. Teachers at this school are highly educated and experienced, and the student-teacher ratio sits at 14 to 1. 4=High Test data: Reflects 2018 2019 school year. While other neighborhoods feel like a collection of strangers who just happen to live near each other. The current real estate vacancy rate here is 25.4%. Our nationwide meta-analysis overcomes the issues inherent in any crime database, including non-reporting and reporting errors. Test Scores: Edfacts (U.S. Department of Education), State departments of education. Neighborhoods that score highest for mixed ages have the most equitable distribution across all age groups, from infants to senior citizens, all living in the same neighborhood. This graph plots how this neighborhood falls on two of the most important and defining dimensions for a neighborhood - educational attainment of adults living in the neighborhood, and household income. From $382,000, the Energy Corridor median sales price increased to $420,000. Outstanding schools and very family oriented. As the Index approaches historical highs, it can be a warning of an overheated housing market that may be due for a pricing correction. Updated annually. This puts this neighborhood on the map as having a higher proportion of large apartment buildings than 98.6% of all neighborhoods in America. [15], Historically, the Energy Corridor has been one of Houston's strongest office markets. Spring Forest Middle School: Spring Forest Middle School is a 6-9 campus in Spring Branch ISD. We used Geographic Information Science to create a population surface for the entire United States, and then sum the population 5 years ago, and today within 8 different distances from the subject location, ranging from mile up to 50 miles. Updated annually. Copyright 2000-2023 Location Inc. Raw crime incidents are sourced from all 18,000+ local law enforcement agencies municipal, county, transit, park, port, university, tribal and more, assigned to localities, then built into NeighborhoodScouts proprietary predictive models to provide a comprehensive crime risk profile for every neighborhood and address-vicinity in the U.S. More about NeighborhoodScouts crime data methodology, Methodology: merchantability and fitness for a particular purpose. This campus is notably diverse and has an upstanding student academic achievement record. Neighborhood appreciation rate data are based on transactions involving conforming, conventional mortgages. 47% of the population is male, and 52% is female. Average market rent is exclusively developed by NeighborhoodScout. 3=Moderate The Scout Vision Regional Investment Index rates a regions 3 year appreciation forecast on a 1 -5 scale, from 1 (Very Low) to 5 (Rising Star). 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