Investing in Houston's EADO area

[Dan Starr]

I was wondering if anyone had any experience investing in EADO (east downtown) Houston. It seems like there are a lot of value add opportunities in a place where homes are being sold for between 350k and 450k. You can find homes on the same block for around 200k.

If anyone has any information on how successful the East End Revitalization effort has been thus far, please share.

Thanks in advance for any

[Patrick N.]

I currently live on the border between EADO and the East End. EADO is certainly further along the gentrification process than the East End, but you can definitely see the revitalization continuing to spread east. New townhome construction, the Metro Light Rail, new restaurants, a weekly farmer's market, multiple Crossfit gyms, a makerspace, a hike/bike trail, and art galleries are recent additions to the landscape now. Combine all that with an existing infrastructure that had already had in a place a golf course, performing arts theater, and the best Mexican food in town (Ninfa's, El Tiempo, Villa Arcos), and you've got a good recipe for explosive growth. Not to mention the plethora of empty lots prime for even more development. It's crazy.