Perhaps it’s a lot for inside the loop, but it is actually typical for that neighborhood. The houses on that street all have huge lots. One house a block south has an 18,600 sq ft lot. As you head north along Morninside towards Rice Village, the lots get a lot smaller and more typically urban. But south of Grammercy and north of North Braeswood, the lots tend to be quite large.

There’s an empty lot (not for sale that I know of) down Morningside a bit that’s 20,000 sq ft I think.

14k sq ft is a lot for the location!

What I can’t believe is that a realtor would put up such sh*tty pictures for a $700k listing!

I don’t have the exact stats (not being a realtor, I’m not even sure how to get them), but I know that two houses on Gramercy sold recently for high 400’s, low 500’s (the one that Karen is referring to plus one more). There is a house on Blue Bonnet or Underwood that is option pending - it’s for a smaller house on a 22,000 sq ft lot and it was listed for over $900K. The lot on Morningside across from the park sold last year for $800K+.

The neighborhood across Holcombe is a very different neighborhood, so I wouldn’t use Southgate as a comp - Old Braeswood is just funky and tends to be all over the board as far as prices are concerned.

I don’t think I would move this house to the country, although I do like the parquet a lot. ;-)

Zillow hasn’t recorded many recent sales in that neighborhood, and of the three they have recorded (including the one above), two sold for substantially less than their pricing software predicted.

But the one that more-or-less equalled their estimate was another $700K house, so maybe the lesson is that people shopping in that area will buy houses for $250K and for $700K but not for, say, $500K.