Chimney Hill (Houston, TX)
By Sonja Patterson, Texas Monthly 5-Star Realtor Recipient for the Hou
(Keller Williams - BV)
Fifteen homes were sold in Chimney Hill for the last six months.  Located near Eldridge and FM 529, Chimney Hill has very affordable housing for the first-time homebuyer, and with close proximity to Highway 290 and Beltway 8, it offers an easy commute for many of its residents! Of the fifteen homes sold, seven were foreclosures.  The price per sq. ft. for these seven ranged from a low of $28.58/sq. ft. up to $45.87/sq. ft.  All seven homes were bought with CASH. Of the remaining eight homes which were NOT foreclosures, the price per sq. ft. ranged from $42.47 up to $59.46 with the average price per sq. ft. being $54.29. These non-foreclosure sales were financed primarily using FHA financing (four homes) with two buyers choosing Conventional financing and the other two going with Owner f...
Comments 2
Houston, TX Real Estate Professionals