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    Top 10 Deals In Houston Housing

    The Top 10 deals in Houston housing in 2014: Real estate game changers — and worries

    Ralph Bivins
    Dec 26, 2014 | 10:24 am

    Home selling hit a record high in 2014. There were a lot of deals, developments and announcements that moved the needle significantly in Houston.

    Everyone needs to make note of 2014, especially young Realtors who are just beginning their careers, because it may never be this good again.

    Here are the 10 headlines to remember about Houston real estate in 2014:

    1. The Woodlands, Part Two. The developer of The Woodlands, the Howard Hughes Corp., bought 2,000 acres for a sequel to Houston’s largest master planned community. The sequel land, where home sales will begin in 2016, is 13 miles north of The Woodlands on the west side of Interstate 45 near League Line Road and the town of Conroe.

    The Exxon Mobil campus, where 10,000 employees will be assigned, has transformed the real estate market in north Houston.

    2. The Houston Association of Realtors, as Houstonians watched the price of oil take a dramatic dive late in the year, came out with a 2015 prediction that is not the typical rosy forecast you might expect from Realtors. HAR, citing Houston economist Ted Jones, said local home sales will be down 10 to 12 percent next year.

    Of course, 2014 was exceptionally strong, so even with the decline, sales will still be fairly good in 2015.

    3. In downtown, Woodbranch Investments started its Market Square Tower, a 40-story project with 463 residential units. This apartment tower is one a spate of residential projects underway in downtown and should give support to the nearby restaurants, retail and clubs.

    Apartment developers have been hyperactive in Houston Inner Loop in recent years and may now be overbuilt.

    4. A $43 million mansion, the most expensive residential listing in Houston real estate history, hit the market in September. The 27,000-square-foot behemoth, with eight bedrooms, sits on 2.5 acres in the Memorial area and is the residence of Marie and Ed Bosarge, patrons of the arts. Kellie Geitner of Martha Turner Sotheby’s International Realty secured the listing.

    5. Ross Perot Jr.’s Hillwood Communities, in partnership with McGuyer Homebuilders, started developing its first Houston-area master-planned community. The 1,000-acre project, called Pomona, is off of Highway 288 in Manvel, south of Houston.

    Hillwood, a major player in land development, describes Pomona as a “relaxed coastal community” with 2,100 homes proposed.

    6. Out to the west, Newland Communities is planning Elyson, a 3,619-acre master-planned community near Beckendorff Road and the Grand Parkway. This is part of a new trend in land development enabled by the major $1 billion-plus expansion of the Grand Parkway on Houston’s west and northwest suburbs.

    7. The Houston Association of Realtors’ massive website — HAR.com — has expanded to include listings from across Texas. Fittingly, HAR.com, has been rebranded Homes And Realtors, dropping the “Houston” from its name. The Houston Realtors website is one of a few regional MLS websites to thrive in today’s brutal battlefield of online listings.

    Apartment developers have been hyperactive in Houston Inner Loop in recent years and may now be overbuilt.

    This summer, online listing giant Zillow agreed to pay $3.5 billion to buy Trulia, the nation’s second largest home listing company. Then in September, News Corp, the owner of the Wall Street Journal, agreed to pay $950 million to acquire Move, the operator of the huge Realtor.com site, which is aligned with the National Association of Realtors. The competition in the online listing business is fierce and casualties will be incurred soon.

    8. A luxe agency, Sotheby’s International Realty, Inc. acquired Martha Turner Properties, Houston’s second largest realty brokerage. The acquisition enabled Sotheby’s to pop into the Houston market, where it now operates as Martha Turner Sotheby’s International Realty with six offices and more than 220 associates. Martha Turner, founder of the company, continues to be a key player in running the show locally.

    9. Randall Davis is planning a downtown condo tower near the House of Blues on Caroline Street. Condo development seems to be gaining momentum in Houston again. Davis is also developing a condo tower on San Felipe, just east of Loop 610.

    Then, in the Uptown area, near the Galleria, Davis has the 29-story Astoria condo under construction and Giogio Borlenghi is completing the Belfiore tower.

    10. Fein, a Houston-based multifamily firm led by Martin Fein, is starting its second apartment development in Springwoods Village where the Exxon Mobil’s massive new campus is being completed. Fein just finished the 342-unit Belvedere apartments there this summer and it acquired another four acres this fall for a second helping.

    The Exxon Mobil campus, where 10,000 employees will be assigned, has transformed the real estate market in north Houston. A veteran in the Houston market, Fein knows a good thing when he sees it and there are dozens of other realty players like him taking advantage of the Exxon Mobil boom in Houston’s northland.

    Ralph Bivins, founding editor of Realty News Report, is a past president of the National Association of Real Estate Editors.

    Ambitious development like the Market Square Tower is the order of the day in Houston.

    Market Square Tower rendering July 2014
    Rendering by Jackson & Ryan Architects courtesy of Woodbranch Investments Corp.
    Ambitious development like the Market Square Tower is the order of the day in Houston.
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    Home on the Range

    Houston firm creates an eco-friendly escape on historic Texas tract

    Emily Cotton
    Apr 17, 2026 | 10:30 am
    Gates Crossing home exterior
    Courtesy of Gates Crossing
    Homes at Gates Crossing average 4,000 square feet.

    When Scott Frankel completed construction on his ranch property less than an hour’s drive West of Houston, the premier luxury home builder knew that the pristine wilderness surrounding the Brazos River in Washington County was something to be shared—and protected. A few years and 1,836 acres later, Frankel Design Build’s Gates Crossing development offers 40 premium ranch sites surrounding a 600-acre private game reserve.

    Developed on land originally settled by Amos Gates, one of Stephen F. Austin’s “Old Three Hundred,” the property honors its past with thoughtfully-preserved landmarks, including the historic Gates-Perry Family Cemetery and partnerships with the Texas Historical Society. Frankel Design Build made a financial contribution to support the Society’s restoration of nearby Washington-on-the-Brazos and the construction of a new museum celebrating the area's foundational role in Texas statehood.

    The complete restoration of the Gates-Perry Cemetery is something Frankel is particularly proud of. While not forgotten, the cemetery had fallen into disrepair, and a handful of haphazard restoration attempts failed to stand the test of time. Frankel Design Build tapped into their network of specialty masonry trades to restore the cemetery walls to their former glory. A dedication ceremony ensued, and Revolutionary War hero William Gates was honored with an America 250 grave marking, a prestigious recognition from the Daughters of the American Revolution and the Sons of the American Revolution. The four-acre cemetery and surrounding park are managed by the HOA and will never be developed.


    View this post on Instagram
    A post shared by Gates Crossing at Washington on the Brazos (@gatescrossing)


    For a master-planned community, the word “undeveloped” gets tossed around a lot during a conversation with Frankel, who is co-president of Frankel Design Build with his brother Keven. The 40 ranch sites, ranging from 15 to 160-acres, plus Gates Reserve are the draw. Exclusive to residents, the reserve offers premier hunting, horse riding and ATV trails, a shooting range, and uninterrupted access to native wildlife and riverside terrain. Individual sites include stocked ponds for fishing, plus a larger pond site being developed in the reserve for duck hunting—those are the amenities, no fuss.

    “We wanted to cut down on common areas that aren’t something that can be enjoyed on your own,” Frankel tells CultureMap. “Instead of going in and doing what a lot of people do in new neighborhoods, which is put in the token pickle ball courts, tennis courts, basketball area — or worse, a restaurant — you’re sort of going out there to not do that. There are cute towns [like Chappell Hill] that are really close, that’s where you want to be for that. You’re doing this to kind of get out of the city, but the idea is to go out there and walk around in shorts and flip-flops, it’s more of a place to not be seen.”

    The surrounding natural landscape is further protected through Frankel’s environmentally-conscious building practices. The firm remains the only production builder in Texas certified under the LEED for Homes program, providing significant energy efficiency, insurance, and tax benefits to buyers while safeguarding the natural surroundings. Frankel shares that each home will be LEED certified, as long as it does not exceed the maximum size requirement, which he finds unlikely.

    “It’s as sustainable of a home that can be built out there,” he explains. “It’s Mother Nature, and we need to be mindful of her needs. We’ve done a good job of creating an architectural style that’s very cohesive. We are just developing a place to be a part of, just a small gated community. It’s just a different lifestyle, and so far we’ve been able to find clients that are really catching on to it. Its been really cool.”

    Each home in Gates Crossing is built through Frankel’s fully-integrated design-build process, encompassing architecture, interior design, construction, pool and outdoor living, and post-completion support through Frankel Home Care, a 24/7 concierge maintenance service powered by an intuitive digital portal. The firm also owns and operates AVEA Pools & Outdoor Living, offering design and construction for outdoor environments seamlessly aligned with each home.

    “The neighborhood is really about creating a long term place, where 10 years from now — when these are family ranches — people will forget about it as a development, but they will look at it as a very successful, safe place where everything is insulated and looks harmonious.”

    The newly-restored Washington-on-the-Brazos is one of Gates Crossing’s non-amenity-amenities. Known as “The Birthplace of Texas,” after the Texas Declaration of Independence was signed there on March 2, 1836 (eagle-eyed readers will note that the year matches the acreage of Gates Crossing), the Republic of Texas Complex includes a visitors center, the Star of the Republic Museum, Independence Hall, Barrington Living History Farm, and so much more.

    “The people who run it are fantastic,” says Frankel. “These are archeologists and historians who have been out there and are basically rebuilding the town square, it’s unbelievable. What they are doing will become a real attraction, like The Alamo.”

    Ranch sites begin at $850,000. Two speculative homes have been completed and are priced at $3,150,000. The main showhouse has been thoughtfully decorated by Houston interior designer Alexandra Killion, and potential buyers can set up viewing appointments with Samantha Medve, Medve Real Estate LLC (sam@gatescrossing.com) and Courtney Robertson, Compass Real Estate (courtney@gatescrossing.com).

    Gates Crossing home exterior

    Courtesy of Gates Crossing

    Homes at Gates Crossing average 4,000 square feet.

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