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    On the market

    Inside the $15 million mansion on Memorial's most prestigious street that wowsheavy hitters

    Shelby Hodge
    Dec 26, 2012 | 1:17 pm
    • 405 Timberwilde Lane wows with its size and setup.
      Photo courtesy of John Daugherty, Realtors
    • Placed in the middle of 2.5 acres of rich landscaping, the European stylemansion enjoys a sophisticated, contemporary ambience within an Old Worldframework.
      Photo courtesy of John Daugherty, Realtors
    • As rock star listing agent Laura Sweeny said on a recent tour of the house, "Ithink this is one of the most beautiful houses I've ever had the pleasure oflisting."
      Photo courtesy of John Daugherty, Realtors
    • Photo courtesy of John Daugherty, Realtors
    • Photo courtesy of John Daugherty, Realtors
    • An open corridor at the back leads from the game room past the living room tothe wide open family room/breakfast area/kitchen.
      Photo courtesy of John Daugherty, Realtors
    • Photo courtesy of John Daugherty, Realtors
    • Photo courtesy of John Daugherty, Realtors
    • Photo courtesy of John Daugherty, Realtors
    • Photo courtesy of John Daugherty, Realtors

    Editor's Note: Houston is loaded with must-have houses for sale in all shapes, sizes and price ranges. In this continuing series, CultureMap Editor-at-Large Shelby Hodge snoops through some of our faves and gives you the lowdown on what's hot on the market.

    405 Timberwilde Lane

    Let us begin by saying that Timberwilde Lane is considered the Lazy Lane of Memorial — read that the most prestigious street in the 77024 expanse of H-Town. The lots are vast, bountiful trees providing a verdant canopy to some of the most beautiful homes in the city and this one is no exception.

    Placed in the middle of 2.5 acres of rich landscaping, the European style mansion enjoys a sophisticated, contemporary ambience within an Old World framework. The exterior architecture recalls a country chateau while inside the space is all about modern living. The owners spent two years and serious dollars updating and expanding the house that today features such amenities as iron work doors, hand-scraped wide plank walnut floors, to-die-for Venetian plaster walls and a slate roof.

    As rock star listing agent Laura Sweeney said on a recent tour of the house, "I think this is one of the most beautiful houses I've ever had the pleasure of listing."

    Walk through: The house was clearly built for entertaining as rooms flow to rooms, the movement evident upon entering the vast foyer. Straight ahead is the expansive living room that opens to an interior courtyard. To the left is the open dining room and to the right via a few steps past the climate-controlled wine cellar is the combo media/game room/bar.

    As Sweeney pointed out, the brilliance of having the game room on the ground floor is that homeowners actually use it.

    As Sweeney pointed out, the brilliance of having the game room on the ground floor is that homeowners actually use it. While the dimensions are impressive, 43 feet by 19 feet, the design, as envisioned by interior designer Marjorie Slovak with the owners' input, provides a warm and manageable feel.

    An open corridor at the back leads from the game room past the living room to the wide open family room/breakfast area/kitchen. Ironwork-trimmed glass doors the length of the corridor offer views across the terrace past the Bob Wilfong sculpture and fire pit and across the swimming pool to the fully-outfitted, two-bedroom guest house. A family could be quite at home in the 1,750 square foot guest house with a loft, fireplace, full kitchen and dining room.

    All five bedrooms with ensuite baths and walk-in closets are located on the second floor as is the home office, which is conveniently located across the hall from the master. As one would expect in a house of this magnitude, the master suite space is generous with the bedroom itself measuring in at 29 feet by 16 feet. Add the enormous bath (love the onyx countertops) and two boutique-sized walk-in closets.

    The house features a catering kitchen, six-car garage, three fireplaces and an 800 square foot spa/workout facility that would be the envy of many a health club. The exercise room, lined with windows, is large enough to accommodate eight workout machines.

    Love: Everything about this beautiful home is appealing except perhaps the annual taxes — $208,608. But if you can afford the purchase price, the taxes are not an obstacle.

    Square footage: 16,414

    Asking price: $15,000,000

    Listing agent: Laura Sakowitz with John Daugherty Realtors

    unspecified
    news/real-estate

    millennial magnet

    Houston stars among 30 hottest U.S. metros for millennial homebuyers

    Amber Heckler
    Jul 20, 2026 | 1:30 pm
    Houston neighborhood
    Photo by Jose Losada on Unsplash
    Houston is a millennial magnet.

    Houston and its surrounding cities have already proved to be magnets for millennials, and now a new national housing report has established the city as one of the 15 hottest destinations for millennials, whose local homeownership rate has nearly doubled since 2018.

    The number of millennials who own their homes in Houston has grown from 227,365 to 418,698 households over the last five years (84.2 percent), according to a new housing analysis from RentCafe.

    The study compared homeowner growth rates versus renter growth rates of millennials — based on Pew Research Center's definition as individuals born between 1981 and 1996 — across 107 U.S. metro areas from 2018 to 2023.

    Houston ranked No. 29 in the overall list of U.S. metros that have seen the highest increase in millennial homeowners since 2018. About 49 percent of all Houston-area millennials own their homes, with the remaining 51 percent renting, the report found.

    Houston also ranked 22nd in the national list of cities with the biggest growth rates among millennial-age renters. The number of millennial renter households jumped from 397,410 to 439,371 in five years, a 10.6 percent hike.

    About 5.3 million millennials have become homeowners over the last five years nationwide, RentCafe's analysts said, which represents a massive 74 percent increase in millennial-owned households. The growth rate of renters was much lower in comparison.

    "At the same time, the number of millennial renters in the U.S. rose by a modest 5 percent, adding approximately 600,000 households," RentCafe said. "This brings the total number of millennial homeowner households to 12.4 million, close to the 12.6 million millennial renter households."

    While the rate of millennial homeowners is on the rise, the same can't be said for Gen Zers. Less than 15 percent of all Gen Z households in Houston own their homes, while the vast majority are renters, a separate RentCafe study found.

    Elsewhere across the state, Austin (No. 7) and San Antonio (No. 10) ranked among the top 10 U.S. cities with the biggest growth rates among millennial homeowners.

    The top 10 U.S. metros with the highest gains in millennial homeowners are:

    • No. 1 – North Port, Florida
    • No. 2 – Lakeland, Florida
    • No. 3 – Jacksonville, Florida
    • No. 4 – Stockton, California
    • No. 5 – Oxnard, California
    • No. 6 – Palm Bay, Florida
    • No. 7 – Austin, Texas
    • No. 8 – Tuscon, Arizona
    • No. 9 – Deltona, Florida
    • No. 10 – San Antonio, Texas
    rentcafestudyreal estatehousing reportmillennialshouston
    news/real-estate

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