Rice Military is located inside the 610 Loop and is next to Memorial Park. This neighborhood consists mainly of new construction townhomes and is known best for it fabulous proximity to Downtown Houston, Memorial Park, and the Washington Corridor. The Galleria area, the 610 Loop and Interstate 10 are all within easy reach of Rice Military. The boundaries for this neighborhood are Washington Avenue on the north, Memorial Dr. on the south, Shepherd Dr. on the east and Westcott St. on the west. The area was named “Rice” as the people who originally owned the land were members of the Rice family which included William Marsh Rice. Mr. Rice founded the Rice Institute, now renamed as Rice University. The term “Military” is a reference to the neighborhood’s bordering of what was once Camp Logan, a World War I-era U. S. Army training camp. The north boundary of Washington Ave runs approximately three miles and is sometimes referred to as the Washington Corridor. This corridor was originally built over an existing wagon and stagecoach trail that led into Downtown Houston. This area is steadily changing from a busy thoroughfare to an urban area with tons of new construction, from great new restaurants, small cafes, and corner bars to comfy coffee shops and hip new wine bars. However, you’ll still see remnants from the past such as the Wabash Antiques and Feed Store, which has a huge variety of items including chickens, ducks, rabbits, barn cats and roosters for sale. You can also still see the impressive Downtown skyline from the Washington Corridor. Rice Military is in Texas’ 7th congressional district. Schools for this neighborhood are Memorial Elementary School, Hogg Middle School and Lamar High School.
In the Rice Military real estate market there were a total of 22 sales in January 2010. The average selling price for that period was $455,900 and the average median selling price was $390,000. Certain sections of the city experienced an increase in both sales and average selling price while other areas had a decrease in sales and average selling price. It is a great time to buy if you know where to look, as real estate experts in the Rice Military market, we are here to help you find a great property at a great price, please contact us today for an up to date market report. |