Houston Real Estate

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Originally uploaded by ericwgage

Realtek Real Estate Services listed a new beautiful Brownstone Townhome located at 1378 Lake Pointe Parkway; Sugar Land, TX.

This 3 Bedroom, 3 Full Baths and one 1/2 Bath is located across the street from the new medical hospital. Great location for medical professional who could walk to work.

The never-lived in townhome has great curb appeal. As you walk up the steps to the front door you enter into a grand living room and formal dining. The home features beautful hardwood floors, tile and high-end carpet in the bedrooms. The kitchen is located on the same floor as the dining and living room. It has a large island with stainless-steel appliances. The kitchen features a bar area that over looks the formal dining which is perfect for any chef serving to their guest.

The first level is the large double-car garage with extra storage. Also a large bedroom with a full bathroom and walk-in closet perfect for the in-laws. The third level is where the master suite is located with the third bedroom and study/den area. The fourth level is the game room/fourth bedroom with a roof terrace. This area is considered the attic in most of these townhomes, but this owner decided to build it out.

The location is just south of Houston in the number one community in America, Sugar Land. This home is easily accessible to Hwy 59 and Beltway 8. The home is offered competively at $645,000 and for lease at $4,300 a month. Call Agent Eric W. Gage at 281.703.9096 for more information

16210 Rill LN; Houston, TX 77062-2

Originally uploaded by ericwgage

Realtek Real Estate Services announces the listing of 16210 Rill LN, located in Houston, TX — Clear Lake City.

Located in the popular Camino South Subdivision and is only one block of Whitcomb Elementary School. Just 20 minutes from Downtown Houston and minutes from NASA Space Center. The home is close to Baybrook Mall, Medical Buildings and Clear Lake for the boaters to enjoy.

The home features four bedrooms, 2 full bathrooms and two car garage. The owner recently installed two brand new garage door openers and new entry doors leading into the garage and main house.

The split floor plan is 1,668 sq. ft. and is carpeted with tile in the kitchen and bathrooms. The owner is currently having the exterior repainted a neutral fresh hue. A new master shower retiled and new fixtures. The guest bath will also have new tile when completed.

As you walk in to this nicely laid out home, you will walk into the office/den area which features a double-sided gas powered fireplace to enjoy either in the den/office or living area. The four bedrooms are large with nice size closet space. The kitchen features tiled countertops that overlooks the large backyard.

The home is competively offered at $136,225 with a home warranty included. For more information or a tour, please call the listing agent, Eric Gage at 281.703.9096. MLS# 9974579

BEAVER SPRINGS SHOPPING CENTER

Originally uploaded by ericwgage

Realtek Real Estate Services is the leasing and management company for Beaver Springs Shopping Center located at 1701 FM1960 in Houston, TX.

This high-traffic shopping center is one of the newest in the area that provides great visibility and signage for companies wanting to operate a business in a high demand area.

The center was built in 2005 with 15,400 GLA Stucco exterior and glass storefronts. Parking is 5.78/1000sq. ft. Major tenants are Seahorse Seafood, Advanced Checking, Kolache Factory and Toyota Rent-A-Car are a few.

Available space is a 1,330 sq. ft. space located in the mid section of the building. Former GameZone space that offers a wall system with an estimated worth of $20,000. Also available is a 1,050 sq. ft. office style suite. This is a former mortgage company that recently closed their doors.

Call Eric Gage for more information on leasing opportunities.

5.29 Acres PhotoOriginally uploaded by ericwgage

This is a great investment property for someone looking to develop a neighborhood center in the Houston Region. The property is located at the corner of FM2004 and FM1765 in La Marque, Galveston County, TX.

There are two tracts of land here being sold as one or broken down for individual use. Buyer can choose from either a 5.29 Acre Tract or a 1.38 Acre Tract. These tracts can be made larger or smaller within the total 6.67 Acre Tract if the Buyer has a specific use.

5.29 Acre Tract is Offered at $750,000
1.38 Acre Tract is Offered at $600,000

This property is owned by the La Marque Economic Development Corporation. Their sole intention is to sell the property in order to bring additional develpment to the area.

Surrounding the property are new subdivisions. Approximately 3,000 new homes are planned within a 3-mile radius and 5,000 within a 5-mile radius. The City of La Marque will place their future Westside Fire Station on FM1764 which will be a direct neighbor to this property.

The property is within a mile of Gulf Greyhound Park, the number one dog racing track in the country. Both roads are popular arteries to get from one community to the other because it leads to the Gulf Freeway.

All offers are being considered at this time. For any questions, please call the listing agent Eric W. Gage at 281.703.9096.

This is my blog so I decided that I can write what I want to write today.  I don’t use this site to talk about personal things, but news this week received I can’t help.  I will be an uncle again!

This is exciting news for me and my family.  My little sister, well, not so little anymore is expecting her first child.  She found out two weeks ago, but she held out and released the news to the family as a mother’s day gift to the mothers or grandmothers.

She is only seven weeks into the pregnancy, but we have already started shopping for baby items.  I tell you, the feeling is unexplainable.  I remember this same feeling when my brother and sister-in-law announce that they were expecting the first time nearly four years ago and then again three years ago.  It’s almost like they are mine, but they get to go home when they start crying and acting up!  That’s why I love being an uncle!

Congratulations to my sister and her husband! 

Today, I listed a new neighborhood center located at 119 W. Dyna Dr in Houston, TX.  This center is right off IH-45 North just inside Beltway 8 at the Aldine Bender Exit.

The 32,270 sq. ft. neighborhood center will soon begin a $1.2 million dollar renovation.  The renovations will take the existing building down to shell.  It will include: new roof, retail windows, HVAC and a full exterior rehab.  A new parking lot has already been installed.

The center will also have a refurbished 60-ft pylon sign that will mirror the fasad of the exterior of the building.  This is a grand retail sign that can be seen from a distance.

This could be a perfect opportunity for a national chain to have a location close to IH-45 or an independent retailers needing space close to national tenants without the high-dollar prices.

The center is $12 psf/yr plus NNN.  For a good credit tenant, the owners are prepared to offer up to $15 psf in TI contributions or bring the space to a vanilla box.

If you have any questions, please call the listing agent, Eric W. Gage at 281.703.9096.

For the past three years I have been investing in Real Estate in Houston, TX.  Currently with our market situation, many contacts that I know have come to me asking if it’s a good time to invest.  My answer?  Yes, it was a good time to invest 5 years ago, 3 years ago, 1 year ago and definately still a great time to invest.  The nice thing about our current market is that buyers and investors have more choices to choose from. 

For my new investors out there, you should be prepared to put a minimum of 10 percent down on their investment.  They should also keep in mind that there are closing cost, title fees and inspection cost.  Depending on your niche or market you are targeting, there could be some repairs or cosmetic work you should also be prepared for.

Investors should also remember to get an inspection on a home.  Just because your are buying a house as is or at a great price, there could be some hidden factors to be aware of.  Always get an inspection and never try to cut corners when it comes to purchasing your investment. 

I encourage investors to work with real estate agents that are knowledgeable in the market place.  There are many factors that you need to consider when choosing your investment.  Location, Price, Style of Home, Repairs Needed are all factors. 

My niche is single-family homes in suburbia Houston, Texas.  I keep my price range under $100,000, single-family, all brick, 3-bedrooms and in a great elementary school district. (Key in having higher rent prices is the school district, more directly is the elementary school). 

If you are looking for your first real estate investment property, call your real estate agent or if you are in Houston-Galveston region, I will be happy to assist you and use my experience in helping you.

I have just a few weeks to locate a gym operator for an existing gym that is in place.

This is a 15,374 sq. ft. facility that was recently built-out about a year ago with an estimated cost of $600,00. The gym already has showers, lockers, playroom, equipment in place for a new operator to come in and open for business.

I am searching for an operator that has experience in the business that can open the doors and allow the customers to come back to the facility.

Rent is $10.75 psf which includes the NNN charges. Gym equipment is additional and can be negotiated with the equipment company.  The location is on IH-45 (Gulf Freeway) at Gulfway Plaza at La Marque.

Call today for your appointment. This could be a great opportunity to open a business with little down and everything in place.

If there ever was a time I doubted why I lived in Houston, it wasn’t last night.  Once again Houston came through on the new ABC’s Oprah’s Big Give.

The showed featured two schools in the Houston area that needed computers, playground and equipment, and gifts for children who and underprivileged.  One of those schools was in the La Marque ISD but on the westside of my hometown of Texas City.

Watching the show last night made me think how great the Houston family is.  They always step up to the plate to take care of their neighbors.

It reminded me  of how the Houston family came through during hurricanes Katrina and Rita.  Houston is a city with big hearts that care about others in need.

I suppose this is why Houston is seeing more and more families flocking here as a result of the friendly atmosphere, the job market, and I must say the affordability of housing and cost of doing business.

Thank you Houston for your generosity once again that you displayed to the world, the country and to everyone around.  This is why I live and work here!

The first few months has been quite busy for me. Organizing my year, setting goals, making new contacts and marketing my listings.

The two months ending 2007 were pretty quiet so it’s nice that the phones are ringing and closings are happening.  Many businesses looking to expand and inquiring about leases. Several clients looking for properties to put in office buildings. Looks like 2008 is starting off quite nicely for the Houston region.