JBTX Posted November 8, 2020 Share Posted November 8, 2020 I think people also need to keep in mind just how many foreign students there are at UH. Coming home every summer for the whole summer isn't really an option for them, but their folks do have enough to send their kids off to the States for school. At this price, it's pretty perfect for them. 1 Quote Link to comment Share on other sites More sharing options...
Stew Posted November 8, 2020 Share Posted November 8, 2020 1 minute ago, JBTX said: I think people also need to keep in mind just how many foreign students there are at UH. Coming home every summer for the whole summer isn't really an option for them, but their folks do have enough to send their kids off to the States for school. At this price, it's pretty perfect for them. But would you pay $125,000 for a 528 square feet condo in third ward with dilapidated properties adjacent to you? Oh and live in it. 1 Quote Link to comment Share on other sites More sharing options...
BeerNut Posted November 8, 2020 Share Posted November 8, 2020 16 minutes ago, Stew said: But would you pay $125,000 for a 528 square feet condo in third ward with dilapidated properties adjacent to you? Oh and live in it. Depends on how long you think those dilapidated properties will continue to be there. As someone that bought property in Third Ward six years ago, things changed quick once development tipped over a certain point. 3 Quote Link to comment Share on other sites More sharing options...
JBTX Posted November 8, 2020 Share Posted November 8, 2020 2 hours ago, Stew said: But would you pay $125,000 for a 528 square feet condo in third ward with dilapidated properties adjacent to you? Oh and live in it. Honestly? Yeah. I mean that solely from personal experience too, not to denigrate your opinion. I lived on campus for four years during my time at UH without issue (I am also a not small male). Boughta house in 2nd ward just before the boom there. I was (and still partially am) surrounded by cinderblock homes, dilapidated homes, and vagrants. It works for me because I don't mind it and am totally game to pay a lower starting cost for greater long term opportunity. Circling back to these properties, I'm gonna go out on a limb and say that, if an incoming freshman's parents pick one of these up at 125, they will get their money back and then some in 4 years. 5 Quote Link to comment Share on other sites More sharing options...
hindesky Posted November 22, 2020 Share Posted November 22, 2020 6 Quote Link to comment Share on other sites More sharing options...
hindesky Posted December 20, 2020 Share Posted December 20, 2020 Work is progressing. 8 Quote Link to comment Share on other sites More sharing options...
hindesky Posted January 24, 2021 Share Posted January 24, 2021 Lots of progress since my last visit. 8 Quote Link to comment Share on other sites More sharing options...
toxtethogrady Posted January 29, 2021 Share Posted January 29, 2021 On 9/2/2016 at 4:20 AM, Urbannizer said: Turns out this will 6-story condo building for the area. http://www.trulia.com/property/3241825243-3339-Adair-St-Houston-TX-77004#photo-6 http://thumbs.trulia-cdn.com/pictures/thumbs_5/ps.91/5/5/3/1/picture-uh=7c4631cc1cbdc8813bd38b2f6b292223-ps=55314ebdd9d3854ef7b90e2fb0c075-3339-Adair-St-Houston-TX-77004.jpg Very Georgetown. Hope it looks like that. 1 Quote Link to comment Share on other sites More sharing options...
Stew Posted January 29, 2021 Share Posted January 29, 2021 Looking at the construction pics above, there seems to be a change. The garage is now one level instead of two shown in the rendering. I assume some residents will park along the street. 😒 1 Quote Link to comment Share on other sites More sharing options...
Texasota Posted January 29, 2021 Share Posted January 29, 2021 Or not park. Still no nearby grocery store, but otherwise there is less and less reason to need a car as a student living near campus. 4 Quote Link to comment Share on other sites More sharing options...
Stew Posted January 29, 2021 Share Posted January 29, 2021 6 hours ago, Texasota said: Or not park. Still no nearby grocery store, but otherwise there is less and less reason to need a car as a student living near campus. I think students will not be able to afford these $145,000 tiny condos. I suppose investors could buy them up and rent them out to students. 2 Quote Link to comment Share on other sites More sharing options...
BeerNut Posted January 30, 2021 Share Posted January 30, 2021 On 1/29/2021 at 3:49 PM, Stew said: I think students will not be able to afford these $145,000 tiny condos. I suppose investors could buy them up and rent them out to students. Bank of Mom & Dad... I think UH is trending toward what happens near large colleges in other cities. Parents buy a house/condo for kids while in college. Rent out the extra rooms if any...once kid graduates sell or keep depending on what makes the most sense. 5 Quote Link to comment Share on other sites More sharing options...
Popular Post hindesky Posted February 6, 2021 Popular Post Share Posted February 6, 2021 The house near the project has changed their rant. I guess they may have gotten covid and it's no longer a scam but now "socialism is slavery". I wonder if they have refused to collect their Social Security? 8 2 Quote Link to comment Share on other sites More sharing options...
hindesky Posted March 7, 2021 Share Posted March 7, 2021 Looks topped out. 9 Quote Link to comment Share on other sites More sharing options...
hindesky Posted March 29, 2021 Share Posted March 29, 2021 Work continues. 9 Quote Link to comment Share on other sites More sharing options...
hindesky Posted May 5, 2021 Share Posted May 5, 2021 Hard to see any progress but there was one pick up doing some welding. 4 Quote Link to comment Share on other sites More sharing options...
hindesky Posted May 13, 2021 Share Posted May 13, 2021 Getting a paint job. 4 Quote Link to comment Share on other sites More sharing options...
hindesky Posted May 27, 2021 Share Posted May 27, 2021 This is slowly moving forward but I don't see anyone moving in for a long time. 5 Quote Link to comment Share on other sites More sharing options...
hindesky Posted June 12, 2021 Share Posted June 12, 2021 Windows going in everywhere. 3 Quote Link to comment Share on other sites More sharing options...
hindesky Posted June 18, 2021 Share Posted June 18, 2021 4 Quote Link to comment Share on other sites More sharing options...
hindesky Posted July 10, 2021 Share Posted July 10, 2021 5 Quote Link to comment Share on other sites More sharing options...
hindesky Posted August 7, 2021 Share Posted August 7, 2021 6 Quote Link to comment Share on other sites More sharing options...
hindesky Posted August 22, 2021 Share Posted August 22, 2021 6 Quote Link to comment Share on other sites More sharing options...
hindesky Posted September 5, 2021 Share Posted September 5, 2021 Talked with a security guard at this project, I told him this is taking forever and he said he was glad. 7 Quote Link to comment Share on other sites More sharing options...
hindesky Posted October 3, 2021 Share Posted October 3, 2021 5 Quote Link to comment Share on other sites More sharing options...
hindesky Posted October 13, 2021 Share Posted October 13, 2021 6 Quote Link to comment Share on other sites More sharing options...
Stew Posted October 14, 2021 Share Posted October 14, 2021 18 hours ago, hindesky said: I'm not crazy about the mix color scheme which makes it look like a cheap motel but I'll wait for the finished product before passing judgment. They're using 2 different colors of the same color. Brown on brown, beige on beige. Oh and let's slap on a few white bricks in the corner. Yes it is an improvement to the neighborhood, but I think they’re trying to hurt my eyes. 😆 2 Quote Link to comment Share on other sites More sharing options...
hindesky Posted October 21, 2021 Share Posted October 21, 2021 I'm thinking this is the final colors, they are adding white rock on the corners. Looks like a cheap "No tell motel" off the freeway. 5 1 Quote Link to comment Share on other sites More sharing options...
hindesky Posted January 11, 2022 Share Posted January 11, 2022 Looks like a low cost motel but with balconies. 4 1 Quote Link to comment Share on other sites More sharing options...
hindesky Posted February 20, 2022 Share Posted February 20, 2022 Horrible color combination. Cleared the lot next door for what I assume is more parking lot. 5 Quote Link to comment Share on other sites More sharing options...
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