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    Your Expert Guide

    Bellaire, outside the loop: Refined living with a friendly spirit

    CultureMap Create
    Sep 19, 2022 | 1:39 am
    Realtor Hedley Karpas

    Agent Hedley Karpas.

    Photo courtesy of Martha Turner Sotheby's International Realty

    There are so many great places to live in Houston that it helps to have an expert on your side. The Neighborhood Guide presented by Martha Turner Sotheby's International Realty gives you insider access from the agents who live and work there, providing in-the-know info about your possible new community.
    ---

    Originally from Pretoria, South Africa, real estate professional (and former nationally ranked swimmer!) Hedley Karpas moved with his family to Houston in 1980 and started working in real estate 10 years later.

    From the start, he saw immediate potential in Bellaire — located southwest of downtown in Harris County — and was a previous resident himself for over 26 years.

    He and his wife love the amazing community and appreciated the great schools for their two children.

    “Bellaire is an awesome place to raise your family,” he says. “And the city services are exceptional, especially the police, fire, and ambulance services. It’s very safe!”

    Karpas offered up a few more of his personal favorites about life outside the loop in Bellaire. Here's his guide:

    Where to eat & drink
    Grab a burger and a marg at Jax Grill, which has been serving up down-home Texas fare in a casual, family-friendly place since 1993.

    Costa Brava Bistro is another recommendation from Karpas, where you’ll find a Spanish menu with a French twist — including paella and charcuterie — in an intimate bistro setting.

    Where to play
    Karpas considers Evelyn’s Park to be one of the area's gems for relaxing and resetting. It’s a beautifully designed space that’s nestled on five acres of green space and often offers engaging programming, including art events and fitness activities.

    The Nature Discovery Center is another good place to get outdoors; it’s a four-acre wildlife habitat that’s great for all ages.

    Karpas also suggests the Bellaire Rec Center for everyone's new favorite sport, pickleball.

    Where to live
    “We have a great mix of all types of homes in Bellaire, from traditional to contemporary,” says Karpas. “Whether you’re living in the inner loop or outside the loop, you will have access to premier schools, safe streets, and an easy commute to other parts of the city.”

    He recently sold 5409 Valerie St., an exquisite Tuscan-style home on a half-acre in Bellaire.

    “It’s a perfect blend of exceptional design and architectural detail, artisan-level craftsmanship, and extraordinary beauty,” he says. “I love the two private, walled gardens and the backyard paradise that includes an outdoor kitchen, outdoor living area with fireplace, sparkling pool, spa, water garden, and fire pit.”

    ---

    Hedley Karpas works and plays outside the loop in Bellaire. For more information on buying and selling a home in the area, click here, email hedley.karpas@sir.com, or call 713-444-5721.

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    housing news

    This is how much longer Texans must save for a home than in 2016

    Amber Heckler
    Jul 6, 2026 | 4:00 pm
    House fund
    Photo by Kostiantyn Li on Unsplash
    It would take more than 7 years for a Texas household making over $84,000 a year to save enough money for a down payment on a home.

    It's no secret that purchasing a home in 2026 has become an ever-shifting financial goalpost that requires a lot more money than it used to. And a new study has just revealed it takes 9 months longer for Texas residents to save for a down payment than it did a decade ago.

    SmartAsset's new report, "Where the Down Payment Burden Has Grown Most," analyzed typical home values in each state in 2016 and 2026, and compared them with median household income to estimate how many years of savings would be required to afford a 20 percent down payment (based on the assumption that households set aside 10 percent of their annual income). The analysis also evaluated how long a minimum-wage earner in each state would need to save for a down payment in 2026.

    For Texans making the state's median household income of $84,084 in 2026, it would take 7.2 years to save enough money for a down payment on a house with the state's typical home value of $302,187.

    In 2016, it would have taken a little less than 6.5 years based on a median household income of $56,565 and typical home values at $181,155.

    Texas ranks 41st nationally in SmartAsset's comparison of states with the highest increases in the amount of time needed to save for a down payment from 2016 to 2026. The report's findings proved how "saving for a down payment has become a moving target" for many Texas residents and Americans as a whole.

    "As rising home prices outstrip wage growth, the amount of time buyers may need to set aside enough money has changed sharply in many parts of the country," the report said. "In some states, rising incomes have helped offset higher home values. In others, buyers may face a substantially longer path to ownership than they did just one decade ago."

    Homebuying prospects for minimum wage earners
    For a minimum wage earner residing in Texas, it would take 40.1 years to save enough money for a down payment at current home prices. Texas and 19 other states have a $7.25 hourly minimum wage, which amounts to just over $15,000 a year.

    SmartAsset further confirmed that it's "essentially impossible" to save for a down payment on a minimum wage income alone regardless of which state you live in.

    "Even in Missouri, the most favorable state, a minimum-wage earner would need 17 years to save enough for a home down payment," the report added. "In Utah, that timeline exceeds 70 years."

    The top 10 states where the "down payment burden" has grown the most are:

    • No. 1 – Idaho
    • No. 2 – Rhode Island
    • No. 3 – New Hampshire
    • No. 4 – Maine
    • No. 5 – Utah
    • no. 6 – Montana
    • No. 7 – Washington
    • No. 8 – New Jersey
    • No. 9 – New York
    • No. 10 – Massachusetts
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