Best known as a hub for valve manufacturing companies, the Houston submarket of Stafford maybe be flowing in a new direction. With the idea to create an urban center for the city, Dallas-based StreetLevel Investments recently purchased 192 acres near Interstate 69 that included the former Texas Instruments campus.
- Stafford has at least 15 business parks and minimal annual home sales.
- The former Texas Instruments buildings will be repurposed under the planned development.
- The 2,400 residential units proposed would be significant to a city with a population around 18,000.
The premier event for luxury agents and brokers
Luxury Connect | Oct. 16-18 | Beverly Hills
Comments
Related Articles
Learn how to help your new homebuyers or future homebuyers save money on unused or unneeded subscriptions through the recommendation of Trim. With nearly half of buyers using agents as the lone source to procure home buying services, the more money-saving tools an agent possesses the better.
Freddie Mac released its Multi-Indicator Market Index (MiMi) January 27 for November 2015. In Houston the housing market is considered strong but deteriorating.
The First American Loan Application Defect Index was released January 26 for December 2015. The index estimates the frequency of fraudulence and defects in mortgage applications. Houston mortgage defects and fraudulence increased 8.14 percent annually.
RealtyTrac today released its Year-End 2015 U.S. Home Equity & Underwater Report. In Houston, 5.6 percent of foreclosed homes are seriously underwater.