MyHomeHouston

These run $0.39/sqft + $89 per month, so for this property you are looking at $384.23 / Month.

The price of this particular unit has dropped considerably. The seller is now willing to accept an offer in the $220's. Please call me at 281-664-8341 if you know anyone that may be interested; the current pricing for this unit does not drop below $275k!

Download The Floorplan Here Note: Since the unit is not built yet, these photos are examples of the rooms but is not this particular model. Type: Townhouse / Condo Bedrooms: 1 Bathrooms: 1 Price: $225,000 State: Texas City: Houston Zip Code: 77004 Status: Active Square Feet: 757 Please send PM for more information. Investor Special - Pre-Construction Prices This luxury condo unit is currently under construction at the Mosaic at Hermann Park and experiencing dramatic appreciation rates in 2007. Take advantage of discount prices before these units are complete, and utilize the on-site property management to rent your condo out for possible positive cashflow. The Mosaic at Hermann Park is owned and being developed by Raleigh, Phillips Development & Realty, and Atlanta-based Wood Partners. The construction broke ground in December of 2006 and is scheduled for the first round of completion in October 2007. Residents will gaze upon two high-rise towers nearly 30 stories high; each with six stories dedicated to parking and 24 to residential suites. A total of 788 units will be constructed. The Mosaic is literally minutes from downtown Houston, and located opposite of the upscale and luxurious Hermann Park. Owners will enjoy being literally a walking distance from the Houston Medical District. Amenities Amenities at the Mosaic will include a 40,000 square foot amenity deck (nearly 1 acre) with two featured destinations: Motion and Mix. Motion is a 6,000 square foot workout facility which includes pilates and a boxing studio. Mix is another 6,000 sqft entertainment district featuring billiards, theater and pool area. The pool is a luxurious Infinity edge pool and includes a fire pit, spa and cabanas. This development is perfect for young, active professionals looking to establish their career in downtown Houston, or anyone in the medical industry craving to be within a stone's throw from work. Extended Reading Want to read more about the Mosaic at Hermann Park? Get the latest news at the other end of the following links. Houston Luxury Condos For Sale Mosaic at Hermann Park Blog Another Article about the Mosaic

This thread reminds me of a video I caught on YouTube, that was a story on how much money window washers could actually make. I haven't really caught any homeless folk washing windows lately, but I've certainly never ran across an aggressive one.

This is great to hear! The Children's Museum has always been a great attraction to Houston, and I'm glad to hear they are investing more money into it. I didn't know it was rated No. 2 Children's Museum in the country; thanks for the link.

It looks like of the 396 units in the first tower, they have hard contracts (not reservations) on 70% of them which is right about 277 as of today. The 5% is refundable but only 6 days after your contract is executed. Keep in mind though that the purchase agreement is assignable so you can sell it off to another investor (if you buy at pre-construction prices of course) at closing. There's a separate assignment addenda to the contract for that. This is all in the sales contract as well, so it is in writing. I also learned that the closing of the first tower units had gotten pushed back to early Nov. as well, so they are rushing to get it done to avoid fines and so forth. The large amount of money they just raised is to begin the construction of the second tower, so it will come to fruition soon. I like the parties they throw as well; Jimmy and Iris do a great job coordinating them all. EDIT: Didn't answer that one question: They are estimating about a 30% investor ratio at the moment, but that number really can't get finalized until they start going to closings early November.

Thanks for the welcome! Jimmy, the sales consultant at the Mosaic, updates me about once a month on the pricing (See July 19 Penthouse Pricing for the Mosaic and July 15 Regular Mosaic Pricing) I'll try to make it out this weekend for the hardhat tour, but I believe my fiance and I have a wedding to attend. If it's in the afternoon I'll try to shoot by and snap some photos.

I should be able to provide some interior pictures very soon; a client should be closing on their unit late October. They do hard hat tours every Saturday at 10:00AM in case anyone is interested. I also have the current pricing posted over at my blog. Upon request I'll post a link. Did you guys catch this press release? PDR Finances It's Largest Project To Date