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    On The Market

    The massage condo: This $439,000 converted space comes with a special perk

    Barbara Kuntz
    Barbara Kuntz
    Apr 7, 2015 | 3:19 pm

     Editor's Note: Houston, the surrounding areas and beyond are loaded with must-have houses and properties for sale in all shapes, sizes and price ranges. In this continuing series, CultureMap snoops through some of the best and gives you the lowdown on what's hot on the market.

     

    A former fabulously fashioned Four Leaf Towers two-bedroom apartment now converted into a big one-bedroom unit with a study and views of the desirable Galleria area is up for sale with an asking price of $439,000. Talk about inspiration for the next owner!

     

     Walk through
    Enter condo 76E to a wide front hallway with highly textured wallpaper and oak floors laid in an intricate herringbone pattern. A stylish powder room is behind one door. The formal living room is just ahead, bathed in natural light from floor-to-ceiling windows with operable custom shutters.

     

    Here, hardwood floors, mirrored wall and directional art lighting are just some of the designer details found throughout the 1,675-square-foot residence. The wet bar with undermount sink and travertine counter and backsplash is easily at hand, complete with ample storage for glasses. A secondary bedroom now serves as a study and is separated by French doors from the living room.

     

    The dining room sits at the other end of the main living area, also a light and bright place to enjoy meals as the large windows extend the full length of the room. The chef's kitchen is easily at hand with granite counters, track lighting, black-and-white tile floors and, of course, state-of-the-art appliances. Generous drawer and cabinet space, along with wine racks overhead, provide plenty of storage. A closet in the hallway is lined with a specialty fabric designed to keep dishes and glasses spot-free and silver pieces tarnish-free.

     

    More custom-shuttered windows bring light into the master bedroom. The master bath is complete with dual vanities, beveled mirrors, soaking tub and walk-in shower. Travertine floors and counters add to the elegant ambiance.

     

    The third bath also is fashioned with travertine floors and counters and large beveled mirror, as well as a large storage closet. The walk-in shower has travertine tile from floor to ceiling.

     

     Amenities
    One parking space is designated for condo 76E. Residents also have access to the full-service lobby, separate saunas, whirlpools exercise and massage rooms for men and women, a large party room with a full-service kitchen and bar and a professionally landscaped recreational plaza and private park.

     

     Square footage: 1,675

     

     Asking price: $439,000

     

     Listing agent: Hedley Karpas, Martha Turner Sotheby's International Realty

    Another look at the formal living room.

    On the Market 5100 San Felipe No. 76E Four Leaf Towers April 2015
      
    Photo courtesy of © TK Images
    Another look at the formal living room.
    unspecified
    news/real-estate

    Slight decline in Houston home prices could benefit buyers, report says

    Holly Beretto
    Jul 18, 2025 | 2:32 pm
    311 Brown Saddle St. exterior
    Photo by TK Images for Martha Turner Sotheby's International Realty
    311 Brown Saddle St is on the market for $6.75 million.

    A brand new report from Homes.com, which tracks hundreds of thousands of transactions to identify real-time housing trends, might mean great news for Houston home buyers.

    Houston home prices posted their third consecutive monthly year-over-year decline in June. The median home price in the Houston metropolitan area fell from $349,000 in June 2024 to $347,970 in June 2025, a 0.3 percent decline. The numbers represent sales of single-family homes, townhomes, and condominiums throughout the metro area.

    Looking a bit deeper, the report indicates that condos and townhomes are seeing prices fall the fastest. In June, the median detached-family home sold for $278,204, and the median condo sold for $160,000. That’s a 3.9 percent dip for both from a year ago. Meanwhile detached single-family home prices saw the smallest price decline, selling at $350,000, which is 0.8 percent less than a year ago.

    The website Homes.com quotes local realtors noting that this is likely due to oversupply as well as rising HOA fees in these segments.

    But all of it taken together means the scene could be shifting to a buyers’ market.

    “Active listings are above pre-pandemic levels,” according to Itziar Aguirre, senior director of market analytics for CoStar and Homes.com. “Houses are staying on the market longer, and price cuts are becoming more common so that sellers can remain competitive, which is a good thing for potential homebuyers. With slightly lower prices and more houses to choose from, it is starting to feel like a buyer’s market.”

    The report goes on to explain that housing construction in Houston surged coming out of the pandemic due to strong demand and population growth in the region. Developers may have overbuilt, particularly in the condo market and townhomes. Now, prices are falling the fastest in those two segments.

    Also, there is likely a bit of a market correction going on since Houston saw a significant price appreciation from 2020-2022.

    Condos and townhomes are often entry-level options for first-time buyers and high mortgage rates have impacted these buyers’ purchasing power. HOA fees have also increased, as have insurance premiums in the last few years, due to increased risk of flooding and hurricanes in Houston as well as higher repair costs due to inflation.

    reportshousing
    news/real-estate
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