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Braeswood Place 2011 Real Estate Market Report

Square Foot Price Change Data 1994 - 2010 for Braeswood

Source: Crawford Realty Advisors Phone: 281-587-0132 E-mail: info@CrawfordRealtyAdvisors.com
All information is subject to change and should be independently verified.

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Winding streets were laid out, and where the street intersections overlapped, small parks were created (as shown in the illustration below). The bayou parkway drive that bordered the neighborhood was named Braeswood Boulevard. A major campaign was launched to push the development of the ultimate garden suburb. It was touted as having all the requirements for a fine home ? location (including being in the direct route of the Gulf?s cool breeze), approach, protection, wise restrictions and architectural supervision. In addition, advertisements stressed that it was only ?12 Minutes Out Main Boulevard.?

A home site 70 feet by 140 feet was priced at $3,500, but lots up to seven acres were available. The first speculative house built by the Braeswood Corp. was bought in 1929 by one of the corporation?s directors, newspaper editor and ex-governor William P. Hobby. But the onset of the Great Depression halted development. As a result, it would take 25 years to implement Hare & Hare?s master plan and only one-half of it was ever realized. Because Braeswood?s development spanned several decades, it produced a variety of architectural styles ranging from English country to modern. Braeswood contained the best known modern house built in Houston in the 1930s. The Bluebonnet Boulevard structure featured white stucco-surfaced walls, flat roofs, panels of glass block, and tubular metal railings. Architects who designed houses in Braeswood included Carl A. Mulvey, Eugene Werlin, Joseph Finger, Howard Barnstone and Paul Laszlo. Mulvey was responsible for most of the pre-Depression houses.

In 1938, oil millionaire Glenn McCarthy built the most expensive house in the subdivision. On an 18-acre tract of Kelving Drive, the 26-year-old McCarthy built a huge, steel-framed, centrally air-conditioned, Louisiana plantation-style house. It was in front of this house, amid the moss-draped live oaks that McCarthy and his family were photographed by Time magazine when the mansion made the subject of a cover story in February 1950. The house, named Glennlee, was demolished in 1972.

McCarthy was also responsible for the most famous landmark in the development, the Shamrock Hotel. In the original Braeswood master plan, this 15-acre site at Main and Holcombe was reserved for a community shopping center to be named the McCarthy Center. Only the hotel, the parking garage and the legendary swimming pool were completed. During the 1950s, however, the Shamrock became the symbol of this ?city on the rise.? The Braeswood Corp. had advertised in 1929 that its subdivision was ?being built not only for this generation, but for the future.? Today Braeswood remains a serene, architecturally rich neighborhood.