Colonial Terrace Real Estate Guide

Colonial Terrace homes for sale & insider real estate guide

Colonial Terrace is a neighborhood with about 550 houses. It's situated to the east of Bellaire. Colonial Terrace offers exceptional living with top schools, a great location, and a serene ambiance.

As one of the West University (West U) neighborhoods, Colonial Terrace is popular for its:

• TOP SCHOOLS: West University Elementary ranks 10th in the Great Schools Ranking. Burbank Middle and Dulles Middle also rank 7th in the Great Schools Ranking.

• WEST U PLACE LOCATION: West University Place is like a city inside another city. It's known for having some of the most expensive real estate in the Greater Houston area. Forbes even listed it as one of the top urban areas in America.

• PLENTY OF RETAIL AND ENTERTAINMENT: Rice Village is a popular place to shop in Houston. It's about a mile and a half from the neighborhood. There are many restaurants, small shops, big stores, bars, and cafes. For more choices, check out The Galleria. It's a huge shopping area with over 300 stores and more than 2 million square feet of space for lease.

• GREAT ACCESSIBILITY: The neighborhood is in a convenient location. It's near the intersection of Loop 610 and the Southwest Freeway, which makes it easy to get around. The houses in Colonial Terrace are a few minutes away from important roads. Roads like Bissonnet Street, Bellaire Boulevard, and Buffalo Speedway.

• BUSINESS CENTERS: The Galleria area and Greenway Plaza are all a short drive away. The Medical Center is also especially significant. It's home to over 60 hospitals, medical research facilities, and academic institutions. Every day, more than 106,000 employees and volunteers travel to the Medical Center for work.

• COLONIAL PARK: It is the largest park in West U, covering an area of about 3 acres. It offers many recreational spots for residents to enjoy. There's a swimming pool, a path for walking or jogging, a playground, a pavilion, and even a sand volleyball court. Additionally, you can find two tennis courts in the park that are lit up at night.

Buying or selling a home in Colonial Terrace can be a bit challenging for a few reasons. Some houses are older and may need renovations, while others are sold as empty lots. Since the neighborhood is close to main roads, there might be concerns about noise and traffic affecting property value. Avoid these challenges by hiring an expert realtor.

To get personal advice on buying or selling in the Colonial Terrace area, contact Paige Martin, one of Houston’s best realtors and one of the top-ranked Realtors in the United States.

“Yolanda Ames is top tier when it comes to realtors. She is friendly and efficient. She is patient and takes the time to listen to your needs to provide you with different options when searching for your dream home. If you’re searching for someone to help you find your dream home look no further. Yolanda will make it happen.” - Kayla Simmons (Google Review)

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Colonial Terrace Homes For Sale

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Table of Contents

1. Colonial Terrace Home Sale Trends
2. Colonial Terrace Best Realtor Insights
3. Colonial Terrace Maps, Location & Zip Code
4. Colonial Terrace Schools
5. Colonial Terrace Real Estate Market

Colonial Terrace Home Sale Trends

Colonial Terrace is a neighborhood located to the east of Bellaire. It has about 550 homes in total. One of the best things is that there are excellent schools and important businesses nearby.

Residents can enjoy:

• RETAIL AND ENTERTAINMENT: Rice Village has many restaurants, small shops, bars, and cafes. For a bigger selection, people can check out The Galleria. It has over 300 different businesses to explore and discover.

• GREAT LOCATION: The neighborhood has easy access to both Downtown and the Energy Corridor.

• PARKS: Enjoy a walk through the lovely parks in the area, including the enchanting Mulberry Park.

There are a lot of communal activities that foster a warm and friendly community atmosphere.

Colonial Terrace Best Realtor Insights

Located in one of Houston’s most expensive neighborhoods, Colonial Terrace is a peaceful neighborhood of around 550 homes.

• Ranked 5th in Children at Risk’s 2016 Greater Houston Area Elementary School Rankings, West University Place Elementary School serves Colonial Terrace homes. IB World School Lamar High is also zoned for the neighborhood.

• A city-within-a-city, West University Place features some of the most expensive real estate in the Greater Houston area. The median sales price of homes in the city is well over $1,000,000. Forbes included West U in its list of America’s “Top Urban Enclaves”.

• Rice Village, one of Houston’s shopping destinations, is about a mile and a half away from the neighborhood. It features several restaurants, boutiques, retail stores, bars, and cafes. More options are available in The Galleria, which is made up of 300+ commercial establishments spread over more than 2,000,000 square feet of leasable space.

• Located near where Loop 610 and the Southwest Freeway meet, the neighborhood is highly accessible. Main roads are minutes away from Colonial Terrace homes, including Bissonnet Street, Bellaire Boulevard, and Buffalo Speedway.

• Major employment centers (including the Galleria area, the Greenway Plaza, and the Medical Center) are all within easy driving distance from Colonial Terrace. The Texas Medical Center, home to more than 60 hospitals, medical research facilities, and academic institutions. Over 106,000 employees and volunteers travel to the Med Center daily.

• Spanning around 3 acres, Colonial Park is the biggest in West U. Residents can enjoy the park’s swimming pool, walking/jogging path, playground, pavilion, and sand volleyball court. The park also features two lighted tennis courts.

• The neighborhood’s older homes date back to the 1930s. Many of the area’s original homes, however, have been replaced with bigger and newer construction homes.

• Colonial Terrace is mostly made up of single-family dwellings, but there are some townhomes available in the area. These townhomes tend to be smaller, from 1,000 to around 2,000 square feet.

• Colonial Terrace homes range from bungalows and cottages, ranch-style homes, and luxury homes.

• Prices for Colonial Terrace homes for sale can start at around $500,000. Newer properties can sell for well over $1,500,000.

Colonial Terrace Maps, Location & Zip Code

Colonial Terrace Schools

Colonial Terrace is home to some of the best schools in the area. It is zoned for the Houston Independent School District (HISD) and the Fort Bend Independent School District (FBISD).

Several National Blue Ribbon and multi-award-winning schools are also located in the HISD and FBISD. Colonial Terrace, in particular, has some of the district's best schools zoned toward its subdivisions.

Students in the area may attend the following public schools:

Elementary Schools

• West University Elementary at 3756 University Blvd. The school was established in 1925 and is named after the nearby residential township it serves. The school also offers music and visual arts programs.

Middle Schools

• Burbank Middle School at 315 Berry Rd. The middle school started in 1927 with a focus on agriculture education. It offers the Magnet Program, which is the Gifted and Talented Program.

• Dulles Middle School at 500 Dulles. In the heart of FBISD and part of the Dulles complex is Dulles Middle School. It includes a high school, an elementary school, and Rodgers Auditorium, all located together.

High Schools

• Debakey High School For Health Prof at 2545 Pressler. The school is renowned for its programs for students who want to pursue the medical field. The school names itself after Michael Ellis DeBakey, a famous heart surgeon.

Colonial Terrace Private Schools

Here's a list of some well-known private schools nearby Colonial Terrace:

• St. Mark's Episcopal School at 3816 Bellaire Blvd.

• Veritas Christian Academy of Houston at 7000 Ferris St.

• St. John's School at 2401 Claremont Ln.

• The Post Oak School at 4600 Bissonnet St.

To find an updated listing of all Colonial Terrace real estate zoned to any specific public school, please email Paige Martin at [email protected] with the property preference and budget that you're working with.

Note: For more detailed information on specific schools zoned to different Colonial Terrace areas, please refer to our Houston Schools Guide OR email me.

Note: School zoning tends to change from year to year. The information provided above is accurate but not guaranteed. Please double-check by visiting the school's website.

Colonial Terrace Real Estate Market

Colonial Terrace Single-Family Home Sale Trends

Colonial Terrace is made up of around 550 homes. Most are single-family homes, though some townhomes are available in the community.

Homes in the neighborhood date back to the early 1930s, though many have been torn down in favor of newer properties.

Most Colonial Terrace homes feature 3 to 5 bedrooms, with living spaces ranging from 1,000 to upwards of 4,500 square feet. Lot sizes are typically between 5,000 and 7,000 square feet.

Colonial Terrace homes come in many architectural styles, including traditional, ranch, Victorian, Georgian, and Texas Hill Country. Newer properties typically feature more contemporary designs.

Older Colonial Terrace homes for sale can start at around $500,000. Newly constructed luxury homes in the area can sell for upwards of $1,500,000.

Colonial Terrace Townhome Sales Trends

There are no townhomes in Colonial Terrace. There are, however, plenty of townhome options available in nearby neighborhoods.

The Houston Properties Team is an expert in Colonial Terrace real estate. Please contact us if you'd like to see Houston townhomes or learn more about properties that could be a fit for you.

Colonial Terrace Condo Sale Trends

There are no mid- or high-rise Colonial Terrace condos for sale, but plenty of units are available in surrounding areas, including 2520 Robinhood in nearby Rice Village.

Several condo buildings are located in the Museum District, Upper Kirby, and the Galleria, including:

• The Huntingdon
• Royalton At River Oaks
• One Montrose Place
• 1400 Hermann
• 5000 Montrose

To see other condos within the Inner Loop, see Inner Loop Houston Condos. To see condos within the nearby Galleria area, see Galleria Houston Condos. To see other condos within Downtown Houston, see Downtown Condos. To see condos within the Museum District, see Museum District Condos.

The Houston Properties Team is an expert in Colonial Terrace real estate. Please contact us if you'd like to see Houston condos or learn more about buildings that could be a fit for you.

Colonial Terrace TX History

The city of West University Place started out as a development well away from Houston. Ben Hooper, a former Tennessee governor, spearheaded the community’s growth in 1917. Named for its proximity to (what was then) Rice Institute, West University Place’s first lots sold the same year.

In 1924, the city of West University Place incorporated and adopted a formal city charter.

The community was developed in sections, and 26 subdivisions now make up the city, including Colonial Terrace.

Some Colonial Terrace homes date back to the early 1930s, though many have been replaced with newer and larger properties.

Fun Things To Do In Colonial Terrace

Colonial Terrace, thanks to its location near where Loop 610 and the Southwest Freeway meet, is minutes away from several shopping destinations, entertainment centers, and parks.

The Galleria, Houston’s premiere shopping center, is less than 10 minutes away from the Colonial Terrace. It features more than 2 million square feet of shopping space and more than 300 upscale boutiques, high-end restaurants, exciting nightlife options, and cafes. Rice Village is also a few minutes away.

West University Place’s park system also has its residents covered. The city’s biggest park, Colonial Park, is located at the heart of Colonial Terrace.

Colonial Park is located along Byron Street and covers around 3 acres. The park features a swimming pool, a sand volleyball court, a playground, a pavilion, and two lighted tennis courts. The walking/jogging path winds around a large green space.

The city’s other parks are also nearby, including Friends Pocket Park, Huffington Park, Judson Park, Liberty Park, Whitt Johnson Park, Wier Park, and Jennie Elizabeth Hughes Park.

Here are some of the must-visit places in and around Colonial Terrace Place:

Dining

• The Buffalo Grille
• Leaf & Grain
• Torchy's Tacos
• Island Grill
• Yoshi: Sushi and Ramen
• Fajita Pete's - Bellaire
• Dave's Hot Chicken

Retail

• Rice Village
• Braes Heights Shopping Center
• Plaza in the Park
• Highland Village
• The Galleria
• River Oaks District
• River Oaks Shopping Center

Nightlife

• The Cellar Bar
• Little Woodrow's Bellaire
• McGonigel's Mucky Duck
• The Spot
• Etro

Groceries

• Randalls
• Whole Foods Market
• Kroger
• H-E-B
• Target Grocery

Parks

• Friends Pocket Park
• Huffington Park
• Judson Park
• Liberty Park
• Whitt Johnson Park
• Wier Park
• Jennie Elizabeth Hughes Park

Best Colonial Terrace Realtor – Paige Martin

As featured on Fox News in the Morning, the Houston Business Journal, and Houston Magazine, Paige Martin, a consistent Top Producing Broker-Associate and head of the Houston Properties Team, is ranked as one of the top residential real estate agents in the world.

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