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    Nature Townhomes

    New townhouse community centered around a 300-year-old oak tree: Houston's nature development?

    Barbara Kuntz
    Barbara Kuntz
    May 7, 2014 | 1:25 pm

    Construction of a proposed seven-house, eight-townhome residential community with lots starting in the $800,000s near the Westmoreland Historic District is set to begin late this summer, according to the builder. The ambitious plans include a public park centered around an estimated 300-year-old oak tree that stands at the site.

    Recently renamed Masterson Oaks at Westmoreland in tribute of the former estate that once occupied the property and in honor of the enormous tree, the 36,139-square-foot property is located on the northwest corner of Alabama and Southwest Freeway or Spur 527. Frontage includes 244 feet on Spur 527, the largest border for the site. More frontage of 180 feet will be on Marshall Street and 104 feet on West Alabama Street.

    The Masterson house was demolished around 1959 to make way for the spur.

    "The tree is one of the 10 oldest in Houston. It takes up about one-third of the lot. Our park will be open to everyone in the community and area."

    "People assumed when we bought the near-acre that we were some big developer moving in," says Dr. Arpan Gupta, president of Carnegie Homes & Construction and owner of the property. "We actually really want to do something special, something unique here and in keeping with the historic district.

    "The tree is one of the 10 oldest in Houston. It takes up about one-third of the lot. Our park will be open to everyone in the community and area."

    The company is now seeking approval for a reduced setback requirement from 20 to five feet from the Westmoreland Preservation Alliance, even though the area in question faces West Alabama and is not part of the historic district. The city's setback requirement is five feet. The extra room would allow for a "community entrance" to Masterson Oaks, Gupta says.

    Carnegie is keeping the 20 feet deeded setback requirement on Marshall Street, which is part of Westmoreland Historic District.

    While the largest frontage at the site is along the spur, Gupta says the sound wall along that stretches along that side will serve as a green barrier for Masterson Oaks.

    "The entire wall, which is probably 20 feet high, is covered in greenery and evergreen trees stand in front of that," Gupta says. "We have plans to make this area a place for meditation, a Zen-like setting for residents to enjoy. It is fortuitous that the property has this asset."

    Gupta acknowledges that the green light for construction is based on 75 percent of Westmoreland Historic District residents granting their approval. He says he is certain the community is behind Masterson Oaks.

    "Mayor Annise Parker, who lives in that area, has given us her OK. And we're been asked to be involved with the historic district's Memorial Day celebration," Gupta says. "We wanted to go that extra step and secure our neighbors' approval."

    According to the builders' website, the development will offer 2,650- to 3,650-square-foot residential "oversized" lots. While the website still refers to the property as The Oak at Westermoreland, the name change is a recent update.

    The Westmoreland Historic District, located in the Neartown area between Midtown and Montrose, began in 1902 as home to many prominent Houston families. The historic district's boundaries were established in 1997. Many of the original houses are still standing.

    An aerial of the 36,1390-square-foot site.

    The Oak at Westmoreland townhouse and home development near Westmoreland Historic District
    CitySites.Transwestern.net
    An aerial of the 36,1390-square-foot site.
    unspecified
    news/real-estate

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    So hot right now

    Houston nails down No. 8 spot among fastest-moving luxury home markets

    John Egan
    Dec 22, 2025 | 1:30 pm
    11095 Memorial Drive exterior
    TK Images for Martha Turner Sotheby's International Realty
    11095 Memorial Drive is for sale for $8.8 million.

    For-sale signs on the lawns of luxury homes in Houston-area communities like Bellaire, River Oaks, West University Place, and The Woodlands are disappearing faster than in most U.S. markets.

    November’s Realtor.com Luxury Housing Report shows luxury homes in the Houston metro area spent a median 61 days on the market in November, up 3.4 percent from last November. That puts the Houston metro in eighth place among the country’s fastest-moving luxury home markets.

    Asking prices for Houston-area listings among top-tier luxury homes started at $794,576 in November, according to the Realtor.com report.

    The Houston Association of Realtors (HAR) says stepped-up activity in the luxury home market helped boost the average single-family home price in the area to $422,552 in November. The luxury market — homes priced at $1 million and above — was the region’s top-performing home category in November, according to HAR, with sales up 23.4 percent compared with the same time in 2024.

    The Realtor.com report ranks San Jose, California, as the fastest-moving metro for luxury home sales in November. There, luxury homes spent a median 56 days on the market, down 6.7 percent from last November.

    “Luxury home dynamics are increasingly driven by local factors rather than national trends,” Antony Smith, senior economist at Realtor.com, says in a release. “Some high-cost metros are experiencing brisk demand and fast turnover, while others face slower sales even at elevated price points. Understanding these local dynamics is key for both buyers and sellers in today's luxury market.”

    Roughly 200 miles west of Houston, the San Antonio metro lands on Realtor.com’s list of the country’s slowest-moving markets for luxury homes. San Antonio-area luxury homes lingered on the market for 99 days in November, up seven percent from the same time last year. That gave San Antonio eighth place on the list of the country’s slowest-moving luxury home markets.

    Asking prices for San Antonio-area listings among top-tier luxury homes started at $766,548 in November, according to the report.

    In November, 5.6 percent of home prices fell into the $750,000-and-above category, according to the San Antonio Board of Realtors (SABOR).

    Bend, Oregon, tops Realtor.com’s list of the slow-moving markets for luxury homes. In the Bend metro area, luxury homes were stuck on the market for a median 146 days in November, up 14.1 percent from the same period in 2024.

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