Roger Martin and Life in the Loop

 

June 16, 2016

4410 Feagan #C - LEASED in Rice Military!

4410 Feagan Street, Unit C, is a quiet three story contemporary home located in Rice Military near the Washington Corridor. With its open second floor living and wrap around deck, this property is great for dining and entertaining!

Property Information

  • LEASED FOR: $2,950/MO
  • House Size: 2,238 sq ft
  • Lot Size: 1,440 sq ft
  • Bedrooms: 3
  • Bathrooms: 3 full, 1 Half
  • Listed by Roger Martin
  • MLS # 21462042

Features

  • First floor bedroom with full bath.
  • Second floor living area. Open contemporary style with kitchen opening to dining and living room.
  • Kitchen with stainless appliances, granite counters, plenty of counter and cabinet space, walk-in pantry, and breakfast bar.
  • Living room has a gas log fireplace, high ceilings, and full view doors to offer access to the front balcony. Plenty of space to hang art.
  • Wrap around second floor deck. First floor patio.
  • Pine floors.
  • Third floor master bedroom, with two large closets w/built-in drawers and coved ceiling. Master bath w/double sinks, separate shower and jet tub.
  • Washer, dryer, refrigerator and grill included.
  • Located near the Washington Corridor in Rice Military, offering access to shops and dining.

>More Great Homes in Rice Military

June 9, 2016

Little Free Library | Club Members Donate Books

Jeannie Lyman, Sara Eggleston & Michelle Smith donate booksJean Lyman, Sara Eggleston, and Michelle Smith, members of the Houston City Breakfast Club, were so inspired by a recent breakfast speaker that they purchased her books and donated them to the Little Free Library in West U's Colonial Park. Award-winning author Debra Winegarten, of Austin, TX, specializes in historical books about Texas women. Her recent book for middle school readers features Oveta Culp Hobby.

Oveta Culp Hobby had a life-long love of journalism and politics, beginning at age 21 when she served as parliamentarian for the Texas State Legislature. She and her husband, former Texas Governor Bill Hobby Sr, owned the Houston Post. During World War II, Oveta organized the Women's Army Corps, designed the women's uniforms, achieved the rank of colonel, and was the first woman to receive the Army's Distinguished Service Award. Oveta went on to become the first director of the Department of Health, Education and Welfare, where she was instrumental in the fight against polio.

Little Free Libraries are dedicated to the principal of "Take a Book, Give a Book".  If Oveta Culp Hobby: Colonel, Cabinet Member, Philanthropist is unavailable in West U's Colonial Park, you can find more information about the book on the author's website.

June 8, 2016

2906 Chiswell | LEASED in Knollwood Village!

2906 Chiswell Lane is a charming three bedroom, two full bath home located in Knollwood Village. With an open floor plan, an enclosed sun porch, a large backyard, and a good location close to the Medical Center, this home is move-in ready! 

Property Information

  • Leased for: $2,200/month
  • House Size: 1,612 sq ft
  • Lot Size: 8,025 sq ft
  • Bedrooms: 3
  • Bathrooms: 2 Full
  • Listed by Roger Martin
  • MLS #65504772

Features

  • Hardwood floors, crown moldings, large combined living and dining area, enclosed sunroom. Neutral wall colors.
  • Updated kitchen with stainless appliances. Refrigerator remains with the house. Good counter space, storage cabinets. Breakfast area with built-ins.
  • Enclosed sun porch off of the kitchen with ceiling fan.
  • Master bedroom with attached bathroom.
  • Second and third bedrooms share the hall bathroom.
  • Large backyard with patio space.
  • Pets on a case by case basis.
  • Good location near the Medical Center.

>More Great Braeswood Place Homes 

June 1, 2016

4226-A Law Street | LEASED in West University Place, Texas!

4226-A Law Street is an exceptionally well-maintained three story home with three bedrooms and three and a half bathrooms located in West University Place. This elegant home has fine finishes such as hardwood floors, plantation shutters, high ceilings, and is move-in ready.

Property Information

  • House Size: 3,290 sq ft
  • Lot Size: 2,500 sq ft
  • Bedrooms: 3
  • Bathrooms: 3 full, 1 half
  • Listed by Roger Martin
  • MLS #47099841
  • LEASED FOR: $3,750

Features

  • Three story home with a gate on the pedestrian entrance.
  • Plantation shutters, high ceilings, neutral paint colors, and excellent natural lighting throughout the house
  • First floor features an exceptionally large and flexible room useful as a gameroom or first floor bedroom, stone floors, and large double doors leading to the backyard. First floor also has a full size bath and utility room.
  • Easy-care backyard and patio off of the first floor. Fully fenced.
  • Second floor living area. Hardwood flooring, open floor plan, and a powder room.
  • Living room has built-ins, gas log fireplace, large windows for natural lighting. Open to the dining area.
  • Open kitchen, den, and breakfast area. Kitchen has granite counters, stainless steel appliances, and a breakfast bar. Spacious den with built-ins. Balcony off of the breakfast area.
  • Third floor is carpeted. Utility room, master bedroom, second bedroom.
  • Master bedroom has sitting area, coved ceiling, and a balcony. 
  • Master bath has marble counters, double sinks, a jet tub and a separate shower.
  • Large walk-in master closet with plenty of built-in cabinets. 
  • Second bedroom on the third floor has its own full bath, 
  • Move-in ready!

>More Great West U Homes for Sale

May 26, 2016

3025 Cason | LEASED in West University Place!

3025 Cason Street is an elegant executive-style home in West University Place. With a pool and guest quarters over the garage, this beautiful home is ready for occupancy June 16th!

Property Information

  • House Size: 3,544 sq ft
  • Lot Size: 6,125 sq ft
  • Bedrooms: 4
  • Bathrooms: 3 Full, 1 Half
  • Listed by Roger Martin
  • MLS #86867746
  • Leased for: $6950/mo

Features

  • High ceilings and crown moldings throughout. Neutral colors.
  • Hardwood floors downstairs.
  • Formal living and dining rooms.
  • Den with two sets of built-in bookshelves, gas log fireplace with granite surround and wiring already in place for a television mount above it. Wet bar with wine storage.
  • Kitchen with attached breakfast area. Kitchen has granite counters, stainless appliances, gas cook top, double ovens, built-in microwave and refrigerator. White tile backsplash with rope tile design. Plenty of counter and storage space.
  • Breakfast area has plantation shutters as well as a desk and cabinet area.
  • Master suite with room for a sitting area and coved ceiling. Bathroom with jet tub and separate shower, double sinks, and two walk-in closets.
  • Three other spacious upstairs bedrooms. Second bedroom with own full bath. Jack-and-Jill bathroom shared by third and fourth bedrooms. All have spacious closet space.
  • Upstairs utility room, washer and dryer remain with the house.
  • Guest quarters with full bathroom above the garage. Quarters have their own separate entrance.
  • Backyard patio and heated pool. Pool maintenance included as part of the monthly rent. 
  • Automatic driveway gate.

>More Great West U Homes for Sale

May 26, 2016

1207 W Drew St | SOLD in Montrose!

1207 West Drew Street is a cozy Montrose duplex located on a 5,000 square foot lot. Unit A has two bedrooms and one full bath plus additional shower, while Unit B has two bedrooms and two full baths!

Property Information

  • House Size: 1,820 sq ft
  • Lot Size:  5,000 sq ft
  • Bedrooms (Unit A): 2
  • Bathrooms (Unit A): 1 Full, 1 Additional Shower
  • Bedrooms (Unit B): 2
  • Bathrooms (Unit B): 2 Full
  • Parking:  Carport
  • Listed by Roger Martin
  • MLS #43821641
  • SOLD FOR: $450,000

Features

  • Formerly a 4-plex, now two spacious and well-maintained units.
  • Gated entrance.
  • Small courtyard between the units.
  • Both units' kitchens are full appliance kitchens with laminate flooring.
  • Natural lighting, neutral paint colors.
  • Washer and Dryer remain with Unit A.
  • Carport parking.
  • Great location in the heart of Montrose. Near shopping and restaurants.

>More Great Montrose Homes for Sale

May 23, 2016

6344 Westchester Street | LEASED in West University Place!

6344 Westchester Street is a cozy three bedroom, one full bathroom cottage available for lease in West University Place.

Property Information

  • House Size: 1,497 sq ft
  • Lot Size: 7,500 sq ft
  • Bedrooms: 3
  • Bathrooms: 1 Full
  • Listed by Roger Martin
  • MLS #67160932
  • Leased for $2,390/mo

Features

  • Neutral paint, shining hardwood floors, arches, and built-ins.
  • Updated kitchen with plenty of storage, counter-space, glass front cabinets, and built-ins.
  • Large backyard.
  • Lovely front porch.
  • Fabulous windows throughout for plenty of natural lighting.
  • Washer/Dryer/Refrigerator include

>More Great West U Homes for Sale

>

May 20, 2016

14318 N Towerglen Loop | SOLD near Energy Corridor!

14318 North Towerglen Loop is a charming red brick home located in the Cypress-Fairbanks school district. With a new roof, fresh paint, and brand-new granite in the kitchen and master bathroom, this house is move-in ready!

Property Information

  • House Size:  2,592 sq ft
  • Lot Size:  5,945 sq ft
  • Bedrooms: 4
  • Bathrooms: 2 Full, 1 Half
  • Listed by Cynthia Candela
  • MLS #30337361
  • Sold for: $190,000

Features

  • New roof, new paint inside and out.
  • Study with special faux finish and wood floors, great natural light.
  • Huge kitchen with a brick hearth, brand new granite counters, and gas cooktop. Nice, large windows. Plenty of counter space, breakfast bar and breakfast area.
  • Wet bar for entertaining.
  • Grand living room with two ceiling fans, natural lighting, and a wood-burning fireplace with gas connections.
  • Spacious master bedroom with space for a sitting room or reading chaise, tray ceiling. Opens into a room suitable as an office, nursery, or fourth bedroom.
  • Master bathroom with new granite counters, an oversized tub, double sinks, and a separate shower.
  • Inviting backyard with a flagstone patio and covered canopy area. Great for outdoor living and entertaining!
  • Zoned to Cypress-Fairbanks school district. 

>Search More Copperfield Homes for Sale

May 20, 2016

Brunch and the Menil | Roger Martin Properties

Roger Martin Properties team enjoys brunch at The Kitchen at the DunlavyThe agents and staff at Roger Martin Properties recently enjoyed a morning exploring some of the best Houston has to offer. This purely social event was organized by Cynthia Candela and JoAnna Ide and included Ann and Roger Martin, Sachin Chowdhry, Vicki Chu, JoAnna Ide, Jane Jurgens, and Michelle Smith. We began with brunch at The Kitchen at the Dunlavy, an exquisite casual dining venue on Allen Parkway. This beautiful (and delicious!) restaurant has treetop views overlooking Buffalo Bayou. We were pleased that blue skies gave us the chance to dine on the outdoor deck.

Miles Durham and JoAnna Ide at The Kitchen at the DunlavyAt the restaurant, JoAnna Ide reconnected with a former student from her days as principal at West University Elementary. Miles Durham graduated from Lamar High School in 2005.  He picked JoAnna out of the line at The Dunlavy, noting that her smile has not changed one bit since he was a second grader. 

Vicki Chu, Cynthia Candela, Ann Martin, and JoAnna Ide at the Menil CollectionAfter brunch, we visited the Menil Collection. Cynthia particularly loved the surrealists, including Salvador Dali's hanging eggs and the wit of Rene Magritte's paintings. Ann was pleased to see the Max Ernst portrait of founder Dominique de Menil. Vicki visited with Tom Walsh, head of installations at The Menil. All of us were amused by the whimsical, bawdy works of William Copley.

And then it was back to the office and our daily real estate tasks.  "But I feel like I just had a mini-vacation!" said JoAnna.

May 18, 2016

Houston Economy | Spring 2016|

US Oil Production Slows, graph by Bill Gilmer, Institute of Regional ForecastingThe recent state-of-the-Houston-economy lecture was both sobering and illuminating. Here is list of talking points from this lecture by Bill Gilmer, economist for the Institute of Regional Forecasting.  

  • In 2015, we saw the most abrupt oil business reversal in history - but so far, the Houston economy has managed to avoid an out-and-out recession. Our economy is currently protected by downstream construction jobs, as new petrochemical plants are built to take advantage of the now-inexpensive feed stocks. However, this construction will wind down in 2017, giving us a narrow time window to shore up our economy.
  • On the international front, emerging markets have been the key drivers of global growth. China is currently stalling out, while India is picking up the slack.
  • For long-term recovery (both political and economic) oil prices need to stabilize in the $60 to $65 dollar per barrel range. The Saudis have put the "swing producer" role squarely on the US oil shale industry.  In response, US production has peaked and is slowing - but not as quickly as anticipated (see graph). Over-production is still putting downward pressure on prices.
  • With regard to real estate, existing home sales have been flat since 2012.  Within this overall picture, however, there are localized exceptions. Ship Channel cities such as Baytown and Channelview are still seeing strong sales, low inventories, and price appreciation. Meanwhile, sales are sagging and inventory is growing in "oily" neighborhoods like Memorial, the Energy Corridor and the Woodlands.  Houston is also losing our affordability edge relative to the rest of the country.
  • With regard to construction, residential home builders have spent the last several years putting up executive mega-mansions. Demand, however, has now shifted into average homes, with a lack of inventory in the middle market.  Apartment complexes and commercial lease space are both overbuilt, with declining occupancy rates.  Retail, however, has been "right-sized" throughout this economic cycle.

Many thanks to the Bauer School of Business, University of Houston, for hosting this excellent analysis of Houston's economy. And if you are wondering how your own home is faring in this challenging economy, click here for an instant property valuation.