River Oaks Real Estate Overview:
The ultimate planned community before the phrase was even coined, River Oaks was the brainchild of Hogg brothers William and Michael, who established it in the 1920s. Lots in the new community went for about $2,000 a piece. Oh, to have a time machine.
Today, this tony area between downtown and Uptown has grown to more than 1,000 acres. And with housing values that start at $1 million, it is one of the most prestigious neighborhoods in the U.S. The almost 15,000 residents have the per capita income to match with many well known professionals and socialites among its ranks. The 2000 census specified an equal split between owners and renters, but it’s the magnificent homes that give the area its one-of-a kind character.
River Oaks is also a favorite spot among Houston food, fashion and art lovers. From fine dining, to posh boutiques, to distinctive art spaces, this historic and iconic Houston neighborhood has got it all.