Mortgages on properties financed by government-insured loans, such as FHA or VA mortgages, are excluded, as are properties with mortgages whose principal amount exceeds the conforming loan limit. Enbridge has subleased nine floors in the Energy Center Five building at 915 N. Eldridge Parkway from Houston-based McDermott International Inc. Thats roughly half of the 18-story, 524,323-square-foot building, which was completed in 2016. 3=Moderate Energy Corridor East real estate is primarily made up of small (studio to two bedroom) to medium sized (three or four bedroom) apartment complexes/high-rise apartments and townhomes. The exact square footage of Enbridges new 14-year sublease was not immediately available. This indoor amusement park contains a massive range of activities fit for all ages. A number of residences were also built between 2000 and the present. In some wealthy gated communities, the areas immediately surrounding can have high rates of childhood poverty, which indicates other social issues. 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. Methodology: Percentages are based on the number of housing units in the neighborhood of each housing type. 1=Very Low Practice your aim at American Shooting Centers. Conforming refers to a mortgage that both meets the underwriting guidelines of Fannie Mae or Freddie Mac and that doesn't exceed the conforming loan limit, a figure linked to an index published by the Federal Housing Finance Board. 2=Low 3=Average Mouse over the descriptions next to the plotted dot for further definition. These are the types of employers who neighborhood residents work for. [4], Browning-Ferris Industries (BFI) had its headquarters in the district until its acquisition by Allied Waste in 2000. generated by a Location Inc. product or services is, or should be relied upon as, a promise or representation as to the future results may differ materially from what is predicted in any information provided by Location Inc. [14], The Energy Corridor experienced extensive inland flooding from Hurricane Harvey in August and September 2017 after historic rainfall exceeded the retention capacity of the Addicks and Barker reservoirs. [37] In January 2011, the name of the route was changed to 75 Eldridge Crosstown, and the southern terminus of the line was extended to Mission Bend Park and Ride, enabling more convenient connections with the Westchase district and the New Chinatown area. Raw data sources: 2. (We are not able to include same-sex marriages here because of data limitations. By sending this Report you agree to NeighborhoodScout's, Notable & Unique Neighborhood Characteristics, My Chances of Becoming a Victim of a HOUSTON, Texas (KTRK) -- Police are looking for two robbery suspects who came face-to-face with a man in his own driveway, demanding cash as he stepped out of his car. 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. The greatest number of commuters in Energy Corridor Southeast neighborhood spend between 15 and 30 minutes commuting one-way to work (37.8% of working residents), which is shorter than the time spent commuting to work for most Americans. Neighborhood appreciation rate data are based on transactions involving conforming, conventional mortgages. Property NeighborhoodScout provides exclusive crime risk analytics for every neighborhood in America with up to 98% predictive accuracy. NeighborhoodScout vividly reveals such differences. If you live here, you may find that a number of buildings in your neighborhood are actually empty. [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. Explore recent crime in West Houston, Houston, TX. Test data: Reflects 2018 2019 school year. Some neighborhoods are physically located so that many residents have to drive in their own car, others are set up so many walk to work, or can take a train, bus, or bike. Many residents there work in the energy corridor. Occupations are calculated as a percentage of all working adults. This neighborhood is located in the West section of Houston, TX. Houston, TX (Prestonwood Forest Dr / Cypresswood Dr), Houston, TX (Butte Creek Rd / Elk River Rd). The local job market and economy is understandably well-rated, and because the neighborhood includes many employment opportunities, a large portion of residents have exceedingly short commutes. Browse 415 Apartments in Houston, TX. This smaller private school has a play-based curriculum, and around 270 students attend this campus. This makes comparisons of house appreciation rates equally easy for professional investors and individual homebuyers. U.S. Department of Education, 50 state departments of education, U.S. Bureau of Labor Statistics, Dow Jones S&P, Federal Bureau of Investigation, 18,000+ local law enforcement agencies, Federal Housing Finance Agency, U.S. Bureau of the Census, American Community Survey, U.S. Department of Housing and Urban Development, U.S. Geological Service, U.S. Department of Transportation, LEHD Origin-Destination Employment Statistics, Federal Highway Administration, National Agricultural Statistics. This is possible by associating the 9.4 million reported crimes in the U.S, including over 2 million geocoded point locations. NeighborhoodScout uses over 600 characteristics to build a neighborhood profile Notably, 68% of students at this school qualify for free or reduced lunches. When you see a neighborhood for the first time, the most important thing is often the way it looks, like its homes and its setting. 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. Utility payments are not included. 7,043,501 and 7,680,859. Culture is the shared learned behavior of peoples. The Scout Vision Regional 1 and 2 Year Growth Trends are a set of exclusive assessments of important conditions which influence a regions housing market, prices, security, and economic outlook. Similarly, what you want as a first-time home buyer may be different than what you want when you have school-aged children, or when you are nearing retirement. Many families enjoy this neighborhood based on factors like the affordable cost of living and great local schools, and young professionals also find this part of Houston attractive. Sometimes this comes down to not only the personalities of the people in a place, but how long people have been together in that neighborhood. Did you know that the Energy Corridor East neighborhood has more Armenian and Jamaican ancestry people living in it than nearly any neighborhood in America? As this ratio becomes high, it becomes more difficult for local wages to support housing prices. The measure is defined as the number of vehicles registered per household, as a percentage of all households in the neighborhood. Beginners and professional competitors alike frequent this highly rated venue. Violent crime is 7% more frequent than national rates. Marital Statuses include:Married, Divorced, Widowed and Single (Never Married). The average annual change in homeownership rates in the neighborhood during the latest five years. Are the trends in local vacancies or unemployment concerning? This campus has excellent extracurricular activities, a gifted and talented program, and notably qualified teachers. It is well-known for its commercial developments, possessing an astronomical 94,000 employees and more than 300 businesses in its employment center. You can find neighborhoods where residents cluster into particular industries, often to be near particular employers or institutions. The percent of all current neighborhood residents who were not living in the same house one year ago. Updated quarterly. We then calculate the percentage change in population for each distance. Read more. Energy Corridor East median real estate price is $658,484, which is more expensive than 92.9% of the neighborhoods in Texas and 83.1% of the neighborhoods in the U.S. merchantability and fitness for a particular purpose. These are tabulated as the languages people preferentially speak when they are at home with their families. Age groups present in the neighborhood, as a percentage of the total population. It is what makes the North End in Boston so fun to visit for the Italian restaurants, bakeries, culture, and charm, and similarly, why people enjoy visiting Chinatown in San Francisco. The British International School of Houston: The British International School of Houston is a pre-kindergarten-12 private school located in neighboring Katy. Its worth noting that the neighborhood contains a large number of rental residences and commercial properties, a factor that heavily influences the local real estate market. Another 2% of residents are biracial or multiracial. This bike trail is located in a well-maintained park that also features seating areas and waterfront activities. Past Appreciation and existing fundamentals Asian and Hispanic residents may identify with one of the more specific subcategories. Developed by industry veterans and PhD geographers, Scout Vision uniquely solves for risk by forecasting home values with unprecedented geographic granularity and predictive accuracy: NeighborhoodScout reveals the home value trends and appreciation rates for every state, city, town, neighborhood, and micro-neighborhood in America. 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. To give an idea of property sizes in the neighborhood, 17% of properties have 1-2 bedroom layouts. 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. ", 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. 2020 (latest available). Business district of Greater Houston in Texas, United States, Lee, Rene C., Helen Eriksen, Eric Hanson, Ruth Rendon, Harvey Rice, and Richard Stewart. View rentals, browse photos and more! Major landmarks include Memorial City The average nearby price per square foot is based on other locations a short drive away from the neighborhood. State tests show that 76% of students are at least proficient in math, while 72% are at least proficient in reading. of U.S. neighborhoods. HOUSTON, Texas (KTRK) -- Police are looking for two robbery suspects who came face-to-face with a man in his own driveway, demanding cash as he stepped out of Raw data sources: Typically, the median price per square foot tracks around $46. Test Scores: Edfacts (U.S. Department of Education), State departments of education. These are tabulated as the languages people preferentially speak when they are at home with their families. Quiet and sophisticated? The Scout Vision Regional 1 and 2 Year Growth Trends are a set of exclusive assessments of important conditions which influence a regions housing market, prices, security, and economic outlook. WebWe've stayed in the Energy Corridor before with no problems, but this time, our car was broken into at the hotel we are staying. 93.2% of the residential real estate here is classified as such. Local restaurants and nightlife venues are highly rated, and theres a nearby establishment to fit just about any taste. Discover your neighborhood's best match, anywhere. The average student-teacher ratio is 11 to 1, which is notably low compared to national averages. Date(s) & Update Frequency: Same-sex couple data is available under Household Type.). Marital status is defined based on the percentage of residents who are 18 and over. These are the predominate forms of housing in the neighborhood. The schools student-teacher ratio is reportedly 16 to 1, and teachers and staff members are highly rated by parents. These are the ways neighborhood residents have self-reported their race and ethnicity to the US Census. By using the site you agree to our 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. WebThe Energy Corridor is one of them. If you know any information regarding this incident, you are urged to call Crime Stoppers at 713-222-8477. The data reflect appreciation rates for the micro-neighborhood or neighborhood, not necessarily each individual property in the neighborhood. Median household income provides the best measure of the budget of the typical family or other non-family household. 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. All the trademarks displayed on this page are the property of Location, Inc. What we choose to do for a living reflects who we are. The grainy footage in the video player above shows a black four-door Charger approaching the victim. You can find neighborhoods where residents cluster into particular industries, often to be near particular employers or institutions. Because demand varies from region to region and the proportion of household income expected to be spent on housing also varies greatly from region to region, the Scout Vision Housing Affordability Index is best used to compare affordability in a region over time to assess overheated markets, rather than using the Index to compare different regions at one point in time to assess market overheating. Energy Corridor Southeast median real estate price is $457,783, which is more expensive than 81.5% of the neighborhoods in Texas and 68.5% of the Reflects 2021 calendar year; released from FBI in Oct. 2022 (latest available). We then calculate the percentage change in population for each distance. As the Index approaches historical highs, it can be a warning of an overheated housing market that may be due for a pricing correction. Living In Energy Corridor, Houston, TX. Additionally, Downtown Houston is less than 20 miles east of the neighborhood, which means even more of the citys iconic attractions are short drives away. (Note that smaller lakes are not included, or neighborhoods that have little shoreline on a lake, relative to the size of the entire neighborhood). merchantability and fitness for a particular purpose. Ashford, which occupies 570,052 square feet in Houstons Energy Corridor, has registered the most leasing activity in Accessos Houston portfolio since the pandemic. Apartment rent in Energy Corridor has increased by 3.8% in 2019, Kristina Morales. Raw data sources: How wealthy a neighborhood is, from very wealthy, to middle income, to low income is very formative with regard to the personality and character of a neighborhood. 80% is a very good, but not excellent match, and so forth. Developed by industry veterans and PhD geographers, Scout Vision uniquely solves for risk by forecasting home values with unprecedented geographic granularity and predictive accuracy: NeighborhoodScout reveals the home value trends and appreciation rates for every state, city, town, neighborhood, and micro-neighborhood in America. Appreciation Potential (3 years) A number of residences were also built between 1970 and 1999. GET FULL REPORTS FOR ANY SCHOOL IN THIS DISTRICT. Conventional means that the mortgages are neither insured nor guaranteed by the FHA, VA, or other federal government entity. Scout Vision uniquely solves for investment risk by generating Home Price Appreciation projections with unprecedented geographic granularity and predictive accuracy, for every micro-neighborhood (block group) in the U.S. Energy Corridor East is a suburban neighborhood (based on population density) located in Houston, Texas. As this ratio becomes high, it becomes more difficult for local wages to support housing prices. These are students enrolled in higher education as either undergraduates or graduate students. Most of the residential real estate is occupied by a mixture of owners and renters. Westpark Tollway runs south of the Energy Corridor, and the Sam Houston Tollway can be readily accessed just east of the neighborhoods borders. Read more about Scout's Crime Data. Energy Corridor East. The district straddles a 7-mile (11km) stretch of Interstate 10 (the Katy Freeway) from Kirkwood Road westward to Barker Cypress Road and extends south along Eldridge Parkway to Briar Forest Drive. These are lakes large enough to include recreation and scenic areas. The victim told police that the suspects pulled up to the front of his driveway and got out of the Charger, with one of the suspects pointing a handgun at him. While other neighborhoods feel like a collection of strangers who just happen to live near each other. [1][2] Parts of the district overlap with the Memorial area of Houston. Conventional means that the mortgages are neither insured nor guaranteed by the FHA, VA, or other federal government entity. Scout Vision uniquely solves for investment risk by generating Home Price Appreciation projections with unprecedented geographic granularity and predictive accuracy, for every micro-neighborhood (block group) in the U.S. Real Estate Value Forecasts & Regional Analysis: Updated Quarterly. In addition, Zip Codes can have as many as 10 distinctly different census tracts contained within them. Coastal: Neighborhoods on the ocean or tidally influenced rivers. Updated annually. Some neighborhoods are located where many can get to work in just a few minutes, while others are located such that most residents have a long and arduous commute. 2=Low We measure the average annual increase or decrease in per capita income in the neighborhood over the most recent 5 years. Very low values may represent insularity to outsiders. WebThe Best Neighborhoods in Energy Corridor, Houston, TX by Home Value. The predominate size of homes in the neighborhood, based on the number of bedrooms. The percentage of adults aged 25 and older that have attained at least a 4 year college degree like a BA. RATINGS: 1=Very Low The Energy Corridor along Interstate 10 in west Houston is sprucing itself up as it addresses growth. The vacancy rate tracks around 3.8%. Home and apartment vacancy rates are 7.2% in Energy Corridor Southeast. NeighborhoodScout has calculated and provides home appreciation rates as a percentage change in the resale value of existing homes in that city, town, neighborhood or micro-neighborhood over the latest quarter, the last year, 2-years, 5-years, 10-years, and even from 2000 to present. Interstate 10 runs directly through the Energy Corridor, the neighborhood is also bisected by S Texas 6. Our nationally-comparable school ratings are covered under US Patent No. Depending on where you live in the neighborhood, your children may attend certain schools from the above list and not others. The search engine finds the neighborhoods that are the optimum fit to the set of criteria you choose. In fact, 8.8% of this neighborhood's residents have Armenian ancestry and 15.5% have Jamaican ancestry. The Energy Corridor is ideally located for enjoying the great outdoors, checking out great retail spots, sampling diverse local restaurants, and exploring the iconic venues of the Houston-The Woodlands-Sugar Land metropolitan area. Oct. 17, 2022. 5=Very High. Considered an up-and-coming area, the Energy Corridor is a western Houston neighborhood that has many outdoor activities, exciting venues, and convenient qualities that attract residents from all walks of life. Popular Listings. In addition, most vacant housing here is vacant year round. The time is calculated for all residents working outside the home. Water gushes for days with no one stopping it, Couple had 'no respect' dumping close to a church, ABC13 viewer says. They may live on base or off base. Violent crime is 7% more frequent than national rates. 4=Advantage You can easily find 3400 SQFT house in katy with that kind of money. The man had just left an ATM at a Chase bank off the Katy Freeway back on Sept. 3, police said. Average market rent is exclusively developed by NeighborhoodScout. 4=Advantage The Houston Funplex is less than a 20 minute drive directly south of the Energy Corridor. RATINGS: Past performance takes into account observed home value appreciation since 2000 and current fundamentals include key ingredients that NeighborhoodScouts analyses have found to ensure properties hold value in a downturn. Read Scouts definitions for each Special Character. Coastal: Neighborhoods on the ocean or tidally influenced rivers. One of our representatives will The AP enrollment rate is 31%, and the schools average graduation rate is 97%. Conforming refers to a mortgage that both meets the underwriting guidelines of Fannie Mae or Freddie Mac and that doesn't exceed the conforming loan limit, a figure linked to an index published by the Federal Housing Finance Board. Very good, but not excellent match, and so forth 7 % more frequent than national.... 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