COMMENT OF THE DAY: WHAT DO I HEAR FOR AN ORIGINAL TANGLEWOOD RANCH? “serious question . . . as the number of 1 story ranch houses in tanglewood dwindles to what is now only about 20% of the market, does this type of product ever carry in ITSELF a premium for being a certain ‘historic’ structure? or is the value of these houses always going to be simply a function of their dirt value? and if they are renovated enough for entry level tanglewood families (like mine) to live in, is there a value to be established there? the answer is probably as suggested. i realize that ultimately these houses are saddled with 8′ ceilings and outdated wiring/plumbing, but it’s still a 1:4 coverage ratio housing product, where you want to be, surrounded by the schools you want to send your kids to, and spending $1.25 to buy it and $250,000 to renovate it (to the studs)” [HTX REZ, commenting on Daily Demolition Report: School of Hard Knocks]
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Tanglewood
Seem familiar? This 1952 mod appeared in the HBO boob-job exposé Breast Men, starring David Schwimmer as Houston’s early-’60s boob pioneer Dr. Kevin Saunders. Or maybe that two-faced fireplace sparks your memory: Last July, the 4-bedroom, 3,558-sq.-ft. home was listed for sale at $1.1 million. (It was the one with the bomb shelter underneath the patio?) Well, in December it was sold for an even $1 million. And it showed up in today’s Daily Demolition Report.
Why not take one last peek, before it goes?
- 1231 Rue de la Paix Way [HAR]
As mods go, this one in Tanglewood is just one of that neighborhood’s thinning pack of mid-century homes. What sets this property apart? Maybe the bomb shelter out back — and the property’s brush with Hollywood as a film set in Breast Men, the 1997 HBO David Schwimmer flick that finally gave Houston its due as the birthplace of the boob job industry. The mid-July listing of this property for $1.1 million calls the 60-year-old property on Sugar Hill Dr. a “wonderful building site” and leaves it at that. But preservation advocates at Houston Mod met with the home’s current, long-term owner and gleaned some tidbits to share about the home’s origins and features:
Silent sentries accent the brick colonnade and look over the “motor court” of this Lazy River listing in the Tanglewood area. Were the lions not of concrete, they might roam the home’s half-acre corner lot, which has grassy areas, a pool, an outdoor “summer kitchen” with dining pavilion, and an arbor.
Inside, a paneled library of near-collegiate proportions includes a second-floor balcony. Also: a wine cellar.
Only a few days after it sold, the 1961 Tanglewood home and bomb shelter on Brown Saddle St. featured on Swamplot back in January has been put back on the market. Only this time, the listing doesn’t mention the shelter or the abandoned pipeline slicing through a portion of the property — or really anything about the building itself. No more interior pics, either. The low-slung modern structure is now tagged as “not liveable” and won’t be shown — though the agent does fess up to having a key. The asking price? Only $550K more than what the property sold for earlier in the week, when the home and its interior were touted as sales features. At 38,263 sq. ft. (that’s actually been marked down a few thousand sq. ft. from the earlier sale), the lot is advertised as the biggest in Tanglewood.
What’s the safety of your family worth, anyway? Is $2,052,218 really too high a price to pay for the security of knowing that when the revolution/apocalypse/nuclear winter/plague of locusts/hurricane/historic designation comes, your loved ones could be comfortably ensconced in their very own bomb shelter? And look! A trained school of security fish stand guard by the shelter’s entrance — in their very own BB-proof booth. Plus, right next door, there’s a $5 million home!
COMMENT OF THE DAY: DUMPSTER MODERN 
“This one looked like the love child of Bushwood Country Club and the Houston Junior League building on the inside, but remove the Boise State football field, consign grandma’s victorian chandelier collection, remove grandpa’s smoke infested wood paneling and replace with a mix of ranch-modern interior and 21st century awesome…[and] this place would rock.” [jg, commenting on Daily Demolition Report: Ocee What’s No Longer There] Photo: HAR
THANK YOU FOR LEAVING YOUR PLACE FOR THE BANK IN SUCH GOOD CONDITION 
“We mowed the lawn this weekend, so we’re giving it to them in nice shape.†— Dougal Cameron of Cameron Management, leader of an investment group that delivered the freshly LEED-certified and entirely vacant 12-story 2000 St. James Place office building just south of Tanglewood to Wachovia Bank (now a part of Wells Fargo) in a sparsely attended foreclosure ceremony earlier this month. Minute Maid moved out of the building in February 2009 — about a year and a half after Cameron’s investment group bought it; the building has had no tenants since then. [Houston Business Journal]
Having trouble keeping track of all the homes, condos, and apartments financier, philanthropist, and accused Ponzi schemer Robert Allen Stanford had set up for his relations in Houston? With all the recent news reports, following it all can get confusing.
We hadn’t encountered a comprehensive account from local media coverage. But we hadn’t checked the Northeast Mississippi Daily Journal, either. It turns out that reporter Patsy R. Brumfield — who is currently in the throes of withdrawal from a 6-year-long Nexium habit — had put together this quick survey of the sites of Stanford’s Houston-area comings and goings for the Tupelo, Mississippi, paper last August:
[Stanford] and his wife, Susan, now estranged, lived in the upscale Tanglewood area at 5476 Holly Springs Drive. The Spanish-style home, with red-tile roof and white stucco exterior, looks comfortable but not particularly impressive among a neighborhood of near-mansions.
His fiancée’, Andrea Stoelker, and Stanford maintained a home in the multi-storied Museum Tower at 4899 Montrose Blvd. Stoelker still lives in No. 1304 while a federal court document says Stanford’s son and daughter, Ross and Allena Stanford, and their mother, Louise Sage, who moved to Houston from Dallas, are living in the same apartment building in No. 1905.
Another reason for Stanford to ride those Museum Tower elevators:
Swamplot readers have a few things to say about Greenwood King’s latest fancy-neighborhood market report, which came out yesterday! Our regular GK watcher notes that the separate breakdowns for new construction and existing home sales introduced in last month’s edition have been abandoned. Still:
The news is relatively bad. Sales volumes are down sharply all over town. 17% more high end listings than last year . . . River Oaks, Tanglewood, Boulevard Oaks, and Memorial Close In are all over 12 months of inventory. . . .
The 17% higher inventory is reflective of a market of motivated sellers. By definition, a high end homeowner should not “have to†sell unless there has been a life change (divorce, death, job interruption). Everyone knows the housing market is weak in 2009, so…. the only class of sellers on the market are those having cash flow problems or those who have to sell due to a life change. There are almost no trade up sellers right now.
Memorial has 19.1 months of inventory
. . . as big $3-5 million white elephants sit there waiting for the landscapers to come and cut the lawn for the week. It takes a good $20,000 a month to live in one of those monsters. I guess the supply of willing millionaires just isn’t going to match the number of mega mansions. It will take some time, but they will soon move onto bank balance sheets and then to the auction block.
COMMENT OF THE DAY: DRIVING THE GENTLE HILLS OF TANGLEWOOD “. . . I think the layout of the streets can have a significant effect on how the neighbors interact. Did you know Tanglewood streets were laid out the way they are with several curving to give the feel of inclines where there were none lending it to a more genteel feeling as opposed to the straight street grid which is a bit cold. With those curvy streets, they still have a pretty straight street grid, but with more gentleness. While cul de sacs may create community within that cul de sac, I think it cuts the few houses on it off from the rest of the streets and therefore offers fewer opportunities for casual social interaction and in effect creates an us against them. Of course these are all generalizations, but developers deal in generalizations anyway.” [EMME, commenting on Welcome to Bizarro Heights. What Are You Drinking?]
Hey, we have another Rice Design Alliance membership to give away!
Your guesses for this week’s Neighborhood Guessing Game were: Rice Military, the East End of Galveston, Camp Logan, Oak Estates, The Woodlands, Avalon Place, “the area between Shepherd & Montrose and 59 to Milford or North,” Southampton, “west of Chimney Rock to around Voss, between Woodway and Westheimer,” West Lane Place, Nantucket, Southside Place, “Indian Trail/Indian Circle/Tecumseh off Chimney Rock btw Woodway and Memorial,” along the “divorcee belt” between Beltway 8 and 610 “crossed by the likes of Westheimer, Woodway, Richmond, Bissonnet et al.,” the divorcee belt north of Westheimer and east of Voss, “in the area of the Houstonian off of Memorial, closer to San Felipe-Sage/Post Oak,” Midlane at San Felipe, near Bering, “past the Galleria heading towards Voss,” and West University. Plus two each for the Heights, Afton Oaks, and Bellaire. All very sharp!
The winner of a one-year RDA individual membership — donated by the Rice Design Alliance — is Rachel, for this entry:
This home is in the area of the Houstonian off of Memorial, closer to San Felipe-Sage/Post Oak. The kitchen dates it to around 2001 and the small size makes me think the lot is not especially large. It looks to me like they had a decorator come in and all of the built in book shelves suggests a higher end builder.
Congratulations, Rachel! Deserving of an extremely honorable mention this week is Harold Mandell, who stepped out of a shadowy corner of Montrose to deliver two classic NGG entries — first, introducing the Great West Houston Divorcée Belt:
Long time lurker, 1st time player–impelled to jump in because I really want the prize. And because you guys are so off the mark on this one.
No man doth live in this house– and the baby in the baby’s room is a guest baby. This home is found in the great divorcee belt– one of those late ’80’s or newer townhomes found west of Chimney Rock to around Voss, between Woodway and Westheimer. The stairwell and the upstairs ceiling tell all.
. . . and next, in response to a broader definition of the belt, tightening it in a wide-hipped circle around the target:
Bobby Hadley, you see the Great West Houston Divorcee Belt right on– but remember, there’s also the divorcee demographic that arrived from comfortable circumstances in say Briargrove, or even Memorial. Comfortable until there comes a time when “she’d rather be homeless than be at home with himâ€. Then she finds herself in downsized quarters– but at last she can decorate it just like she wants it. I say this place is definitely north of Westheimer, and except for Hammersmith I would say east of Voss.
So, what’s the real deal with this place?
THE WOODWAYS AND THE WESTHEIMERS “I sometimes think that Woodway is made nicer by the fact that Westheimer exists. There are certainly numerous suburbs and exurbs where the Westheimers look like Woodways. Oh, there’s retail, but it’s set back from the street, perhaps behind a tree buffer, with tasteful monument signage out front. I’ve always found such environments to be stifling. It’s so obviously contrived. All-night, six- and eight-lane arterials are SUPPOSED to have large illuminated signs. They’re SUPPOSED to have ratty businesses alongside the nice ones. Every suburb has a Target and a ratty convenience store. Westheimer has a Target and twenty ratty convenience stores, plus ’24 hours video and news.’ I’ve never been in there, but its existence tells me that this strip is whatever it wants to be. This holds true of Woodway. It’s not a pure residential drive; there is retail, much of it even with tasteful signage. The signage follows from the road – Westheimer has large signs because it’s big and straight and a larger sign means higher visibility. Put up a larger sign on Woodway and it’d just be obscured by trees. Some people think of Westheimer (and other streets like it) as ugly. I don’t, but I understand where they’re coming from. Perhaps if they wanted to do something about it, they should plant trees instead of making rules about commercial signage. Proactive versus restrictive. Woodway is a nice drive because it was built to very nice design standards (10′ median with staggered trees) and because the people who own stores and homes along Woodway want to keep it pleasant. And so it is.” [Keep Houston Houston]
HOUSTON APARTMENTS: MORE VALUE FOR YOUR RUPEE A quick back-of-the-air-mail-envelope real estate comparison of greater Tanglewood and Colaba, a commercial district in South Mumbai: “My friends house was about 2 blocks away from Nariman house – the sight of the infamous siege on the Jewish community on 26/11. For a 600 sq ft 1 bedroom hall kitchen, my friend and his room mates were coughing up Rs 45,000 /- a month. My friend corrected me that the real rent is actually Rs 50,000 / month but he is getting a discount because of some renovation going on in the building. Judging by the fortune he paid for the apartment, you would imagine it to be an ocean facing villa with modern amenities like swimming pool, gym and manicured garderns. Horror behold! His apartment was actually in a very busy market area, in a dilapidated building which was probably more than 40 years old and might come down any minute. Once inside his compact apartment, I immediately started comparing this with my $700/ month (Rs 34,000 month), 800 sq ft 1 BHK in Houston in a very wealthy neighborhood. If Senior Bush could live a mile away from my apartment, I am sure my neighborhood must be really good! So even if I earn in rupees, it is much easier for me to afford a place in Houston than in Mumbai!!” [Continued Unnoticed]