$34.15 per square foot

Want to buy a shopping mall? This local one is on deep discount, going for lessthan a Woodlands manse

Those looking to buy a shopping mall are in luck: The Galveston Daily News reports that the Mall of the Mainland — the only shopping mall in Galveston County — is on the market for a mere $15.4 million.

That's just a little less than this five-bedroom mansion in The Woodlands with an in-house spa/hair salon, a '50s concession room and a plush movie theater.

Pacific Western Bank delegated management of the mall in 2010 to Boxer Property Management, the same company that spent approximately $10 million revamping the former Sharpstown Mall, which it renamed PlazAmericas and rebranded with a Latin theme and mercado stalls.

According to the Daily News, Boxer Property Management and the bank had initial plans "to "re-tenant" the mall and transform it into a retail center with a focus on indoor entertainment and a "Kemah" feel."

The paper speculates that the Oct. 19 grand opening of nearby Tanger Outlets might have derailed that redevelopment route.

The mall, which is located on 48.43 acres in Texas City, claims just 34 percent occupancy including major tenants Palais Royal, Sears and a Cinemark 12 Movie Theater.

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spacious memorial mansion

Striking French-inspired Houston estate hits market for $12.5 million

TK Images for Martha Turner Sotheby’s International Realty

412 Timberwilde Lane sits on more than two acres in Hunters Creek Village and is on the market for $12.5 million

A magnificent estate awaits in one of Houston’s most desirable neighborhoods. 412 Timberwilde Lane is a stunning brick and limestone home, inspired by French country manor houses. It’s on the market for $12.5 million and represented by Jay Monroe and Stephen Warrell ofMartha Turner Sotheby’s International Realty

Nestled on nearly 2.5 acres of meticulously manicured grounds in exclusive Hunters Creek Village, this home blends old world elegance with modern amenities, including 24/7 private security. The grand foyer’s soaring ceiling sets the tone upon entry, announcing that 412 Timberwilde Lane is something special.

Consider the formal library, with its rich, paneled walls and cross-beam ceiling, and the spacious dining room with its cozy fireplace. The living room offers breathtaking views of the rear gardens, pool, cabana, and tennis courts. Just off the kitchen, a light-filled breakfast room is a perfect place for morning coffee and admiring the grounds.

The primary suite is the embodiment of luxury, with dual bathrooms and ample closet space, ensuring comfort and convenience. This private oasis is a place to unwind and relax.

The home’s second floor offers a floor plan that can be tailored to suit any lifestyle. The bedrooms are generously sized with large closets and private baths. A playroom with a built-in playhouse castle makes for a perfect spot for kids’ imaginations to run wild. Other rooms could be utilized for a second home office, exercise room, yoga retreat, crafting space, or whatever else a family might need.

The third floor offers a game room featuring a wet bar, billiards area, and a big-screen TV, making it the ultimate place to relax and have fun with family and friends. The outdoor areas include an in-ground pool and summer kitchen, perfect places.

This one-of-a-kind estate offers an array of amenities for living and entertaining. Its location is both convenient to the city and a restful retreat.

Photo by TK Images for Martha Turner Sotheby’s International Realty

412 Timberwilde Lane sits on more than two acres in Hunters Creek Village and is on the market for $12.5 million.

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