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    Real Estate Round-up

    Leafing a Legacy at Teas

    Ralph Bivins
    Jan 4, 2010 | 12:00 am
    • The sign at the entrance to Teas Nursery
      Photo by Ralph Bivins
    • Built in 1916, the Teas family home serves as the nursery's landscaping offices.
      Photo by Ralph Bivins
    • Texas Historical Commission historical marker traces the history of Teas NurseryCo.
      Photo by Ralph Bivins
    • Thank you, Teas, for being one of Houston's great gardening centers.
      Photo by Ralph Bivins

    Another year behind us. Around New Year’s Day, most of us pause to think about the footprints we left behind and what imprint we can make on the year ahead. If you are looking for an example of a good legacy, you could do a lot worse than Edward Teas. Houston is a much greener place because of Mr. Teas.

    He planted more than one million trees in Houston. Teas landscaped the oak-studded Rice University years ago. Bellaire residents can thank Mr. Teas for the deep shade on Bellaire Boulevard. And Teas actually planted the oaks in River Oaks.

    However, Teas and his descendents are leaving behind more than old oaks. After 100 years in operation at 4400 Bellaire Boulevard, the Teas Nursery property is becoming a public park. A lot of folks were sad to see the five-acre Teas Nursery close down at the end of 2009. It was a good place to buy plants and get advice from some of the true horticulturists who worked there.

    A Gem Retained

    Wooded, well-located tracts like Teas Nursery are a rarity. Finding good land inside the loop isn’t easy. Today, developers looking for inner loop sites often are required to tear down an old apartment complex or something to come up with a parcel that can be developed.

    The Teas family put the nursery up for sale this fall and it was anticipated that the land would be sold for upscale single-family development. That’s exactly what had happened in 2002. The back half of the Teas property was sold to developer Frank Liu of Lovett Homes, who built a dozen or so million-dollar mansions there.

    This time, developers didn’t get the remaining Teas land. Some local philanthropists stepped in to save the remaining property. The Jerry and Maury Rubenstein Foundation, a private trust of two brothers and long-time residents of Bellaire, bought the land and will provide it as a city park, says Scott Rubenstein of Pipeline Realty. Over the years, the Rubensteins, owners of Texas Pipe & Supply Co., have supported a number of charitable causes dear to Houston, such as Texas Children’s Hospital.

    Bellaire Mayor Cindy Siegel says there will be an exhaustive process to gather input from the community and it may take a year or more before the park is finished. One of the two old Teas homes on the property could be transformed into a history museum, she says.

    “I am just thrilled we’ll be able to preserve a historical property that is an important piece of Bellaire’s history,” the mayor says.

    Where Will They Play?

    Preserving urban land is critical. More acres are chewed up for commercial development all the time and finding places for parks is not going to get easier in future years. Two-thirds of the nation’s city dwellers don’t have easy access to nearby parks, playgrounds or open space, according to the Trust for Public Land. Children without parks are penalized with higher levels of obesity, anxiety and depression.

    Parks need to be set aside now for future generations. The world’s population is almost seven billion now and it’s projected to rise to eight billion by 2020 and to nine billion by 2040. Houston will be a denser place in the years to come. But we can't all suffocate in a treeless city of wall-to-wall high-rise condo towers. We’ll need more people like the Rubenstein and Teas families to make sure we have sufficient trees, grassy fields and parks.

    Finding ways to help make Houston a greener place is a great addition to any list of New Year’s resolutions.

    Ralph Bivins, former president of the National Association of Real Estate Editors, is editor-in-chief of RealtyNewsReport.com.

    unspecified
    news/real-estate

    red-hot housing

    Houston boasts No. 20 hottest real estate market among big U.S. cities

    Amber Heckler
    Aug 20, 2026 | 9:00 am
    Houston neighborhood with skyline
    Getty Images
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    It doesn't get much hotter than the Houston housing market. A new report has ranked H-Town as the 20th best real estate market among America's biggest cities right now.

    WalletHub's annual study, "Best Real Estate Markets (2026)," compares the real estate markets in 300 U.S. cities based on 17 relevant metrics, such as "housing market attractiveness," home value forecasts, housing affordability, population growth, and many others. Cities were also ranked by size: large cities with over 300,000 residents; midsize cities with 150,000-300,000 residents; and small cities with fewer than 150,000 residents.

    In the overall ranking of the best housing markets in America, regardless of city size, Houston ranks 90th out of all 300 cities.

    WalletHub ranks Houston's real estate market No. 102 nationally, and its "affordability and economic environment" ranks 111th overall.

    This is how WalletHub ranks the "health" of Houston's housing market (where No. 1 is the best and No. 150 is average):

    • No. 51 – Job Growth Rate
    • No. 96 – Home Price as a Percentage of Income
    • No. 99 – Median Home-Price Appreciation
    • No. 128 – Foreclosure Rate
    • No. 159 – Share of Seriously Underwater Mortgages
    • No. 172 – Percentage of Delinquent Mortgage Holders
    • No. 173 – Median Days on the Market
    • No. 192 – Maintenance Costs as a Percentage of Income
    Despite Houston's good standing among the biggest cities in America, a separate WalletHub report claims Houston is one of the worst cities for first-time homebuyers. Instead, Houstonians are turning to popular ZIP codes in suburbs like Cypress and Katy, which rank among the hottest places to move to in the U.S.

    Other high-performing housing markets in Texas
    Two popular North Texas suburbs — Frisco and McKinney — topped WalletHub's overall list of the best real estate markets in the U.S. for 2026 at Nos. 1 and 2, respectively, and they locked in the top two spots in the midsize city ranking, too.

    Frisco tops the nationwide "affordability and economic environment" category, and ranks No. 2 nationally for its real estate market.

    "When you look at home prices as a percentage of income, [Frisco] is the 95th-cheapest among the 300 cities in our study," the report said. "But it’s the 11th-cheapest city for phone service and the 11th-cheapest for maintenance and energy."

    Frisco boasts the highest share of houses that were built between 2010 and 2024, at nearly 47 percent, which WalletHub says is "good news for people who want all the benefits of a recently-constructed home," without having to "put in a lot of work" to renovate an older or run down home.

    "If you aim to make a profit in the long run with your housing purchase, you’ll need to look beyond tangible factors like square footage and style," the report's author wrote. "Those factors certainly drive up property values. From an investor’s standpoint, though, they hold less significance than historical market trends and the economic health of residents."

    Nearby Denton and Allen also made the overall top 10, respectively ranking as the 5th and 8th best real estate markets in the U.S. for 2026. Denton similarly ranked 5th in the midsize city rankings, and Allen topped the list of small cities.

    The top 10 best real estate markets in America for 2026 are:

    • No. 1 – Frisco, Texas
    • No. 2 – McKinney, Texas
    • No. 3 – Murfreesboro, Tennessee
    • No. 4 – Durham, North Carolina
    • No. 5 – Denton, Texas
    • No. 6 – Cary, North Carolina
    • No. 7 – Madison, Wisconsin
    • No. 8 – Allen, Texas
    • No. 9 – Charlotte, North Carolina
    • No. 10 – Irvine, California
    wallethubhousing marketreal estatereportshouston
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