$2.9 Million Gets You a Lot for a Rivercrest Property

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Previously packaged as a property combining home, pool, and horse-friendly grounds, this Rivercrest spread on more than 7 acres west of Gessner near Briar Forest was relisted this week — for lot value. The asking price is $2.9 million, a step down from the $3.199 million sought for 6 months ending April 2013. Since then, the back half of the property has been cleared. But horses are still welcome.

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The photos stick to exterior peeks, but the listing drops a few details about the 1982 “country” home itself. Its 3,548-sq.-ft. floor plan includes 4 bedrooms upstairs, a couple bathrooms, and a living room, family room, kitchen, and mudroom downstairs. The back porch (above) overlooks a pergola-protected poolscape that’s located just a dog-trot down the stone walkway:

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There’s also space to reboot the outdoor kitchen’s pad site:

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Off the compound’s private road entry, there’s a 3-car garage. It’s visible behind the red truck behind the fence in the photo below and has 2 apartments:

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Rivercrest is a deed-restricted neighborhood. This property comes with a $2,600 annual maintenance fee.

Clearing Things Up

4 Comment

  • Nice location. I’d buy it and subdivide into 1 acre lots. Even if there’s deed restrictions to do so, you keep the entire project in a name of a trust or LLC and sell off “shares”.

  • I used to live in this neighborhood. One horse per acre. And the lots are 2+ acres each. The trees are amazing. I met one of the original neighbors(he helped form RC in the late ’40’s). Back then it WAS out in the country. RC is very tranquil and an oasis in the city. Has its own private security force. A lovely neighborhood to come live in.

  • P.S. the listing of the day should have been 2 E. Rivercrest, the homes of Mike James of NBA fame with full size indoor basketball court and the laughable asking price of $8,000,000 while it’s right on Westheimer.

  • What a beautiful property and home. I absolutely love it! Very homey and room to expand as well.