River Oaks is undisputedly Houston’s premier subdivision. With a buy-in price of $1 million and previous non-MLS sales in excess of $30 million, this genteel neighborhood is home to many of Houston’s wealthiest families.
Established in the 1920s by Houston’s famous Hogg family and anchored by the exclusive River Oaks Country Club, the River Oaks subdivision of roughly 1,300 homes was primarily built out in the 1920s and 1930s. Most of these homes were designed and built by renowned architects and builders, and have been preserved over the years by consecutive owners.
The River Oaks Area would also include the subdivisions of Tall Timbers (acreage lots west of Willowick), Homewood (acreage lots on Lazy Ln), Royden Oaks (~10,000 SF lots west of River Oaks), Oak Estates just west of that, Avalon Place (~10,000 SF lots east of River Oaks), and Glendower Court (<6,000 SF lots east of Avalon Place). These deed restricted subdivisions are served well by the high end retail shops and fine restaurants in Upper Kirby, the River Oaks Shopping Center and Highland Village.
Many of the highest priced homes are not listed in MLS, but according to HARMLS, there were 107 sales of single family homes in the River Oaks Area in 2018 ranging $815,000 to $15,680,000 and averaging $2,716,808 ($496/SF) – 9% lower than 2018.
There are also 8 luxury hirise condominium towers in a broader River Oaks Area, including The Huntingdon, 2727 Kirby, Regency House, The Willowick, Lamar Tower, Inwood Manor, Chateau Ten and the new The River Oaks. 48 condos sold in these buildings in 2019, ranging $170,250 to $6,300,000 and averaging $948,404 ($366/SF).