Crestwood is a small community that offers residents short commutes, fast access to Houston attractions, and great local schools.
This western Houston neighborhood is favorably located just west of Downtown Houston, so naturally this area includes many parks, bars, restaurants, museums, and more highly rated venues.
Property values in this part of Houston are notably affordable, and rent trends are also well within national averages. There’s a balanced mix of rental housing options and owner-occupied residences, so the housing market in this neighborhood is notably diverse.
As a part of Houston, students in the neighborhood are directed to public schools within the Houston Independent School District. Many young professionals, retirees, and young families find Crestwood to be an attractive neighborhood due to the neighborhood’s multiple amenities and convenience.
Crestwood is home to around 14,000 residents, and a large portion of the population has a college education. The community leans conservative, and the neighborhood overall has a distinct urban atmosphere.
Of around 14,000 residents, 51% are female and 48% are male.
17% of Crestwood residents have some college education or an associate’s degree, and 37% of residents hold a bachelor’s degree. From there, 38% of Crestwood residents have a master’s degree or a higher degree.
Roughly 73% of residents are White, and 11% of the neighborhood’s population identifies as Hispanic. Another 11% of residents are of Asian descent, and 2% of residents are African American. Another 2% of residents are biracial or multiracial.
The median household income sits just under $160K. 43% of households make over $150K annually, 27% make between $75K-$149K, and 15% earn between $45K-$74K.
TOP Crestwood HIGHLIGHTS
There are no reports of major extensive damage to Crestwood following a number of severe storms, heavy rains, and hurricanes that have hit Houston in recent years.
Most of the homes in this affluent neighborhood have no history of flooding.
There are also no recurring serious natural disasters specific to Crestwood.
About 40% of Crestwood residents report average daily commute times between 20-25 minutes. From there, over 20% of residents have shorter commute times of 15 minutes or less.
Interstate 10 and Katy Freeway run directly north of the neighborhood’s borders, and Interstate 610 can be accessed a short drive west of Crestwood. Interstate 69 also runs south of the neighborhood.
Memorial Drive, Washington Avenue, Shepherd Drive, Kirby Drive, and Westcott Street are several frequented local roadways.
It takes 12 minutes to reach Downtown Houston by car from Crestwood. The drive to Sugar Land from Crestwood is about 20 minutes. Meanwhile, The Woodlands is a 35 minute commute from the neighborhood.
Crestwood is among the cities in Texas with crime rates that are significantly lower than the national averages.
Overall, the crime rate in the area is 1,5261 per 100,000 residents. This crime rate is about 41% lower than the national average. Crestwood is safer than about 64% of communities in the U.S.
Violent crime rate in the area is about 126 per 100,000 residents. This rate is about 67% lower than the national average.
Property crime happens more often at a rate of about 1,399 per 100,000 residents. This rate is about 36% lower than the national average.
One’s chances of becoming a victim of crime in the area is 1 in 66.
SCHOOLS IN Crestwood
Students in Crestwood are commonly directed to attend Houston Independent School District, which contains more than 100 campuses in the city and is classified as the largest school district across the state. With that said, private schools in the surrounding areas are also options for Crestwood students.
The Texas Educational Agency rated the school system as “met standards.” The district’s campuses are commonly known for having diverse student bodies, outstanding athletics programming, and a wide range of student clubs and extracurriculars. Many of the district’s campuses emphasize college preparatory programs, and teachers and administrators commonly receive favorable reviews.
The bulk of students in the neighborhood are zoned to Memorial Elementary School for grades pre-kindergarten-5, and students in grades 6-8 are directed to attend Hogg Middle School. High school aged students commonly attend Lamar High School which is located in Upper Kirby.
There are also multiple Catholic institutions, Christian campuses, Montessori schools, and other private educational facilities in nearby Houston neighborhoods.
Crestwood Housing 2020
The estimated median real estate price of this Houston neighborhood is $510K. This number tracks as more expensive than about 94% of other Texas neighborhoods and also ranks as being more costly than 83.2% of all neighborhoods in the U.S.
Although the median real estate price is higher than national averages, there are many more affordable Crestwood properties. Around 500 pieces of real estate are worth under $50K. Another 220 properties range between $50K-$100K. Additionally, 340 pieces of real estate vary between $100K-$200K, and 330 properties range between $200K-$300K.
There are 160 properties in Crestwood that are worth even higher sums, specifically between $300K-$400K. Another 200 properties vary between $400K-$750K, while hundreds of other properties range between $750K-$1 million. Another 1,660 properties in Crestwood are worth over the $1 million mark.
Overall, Houston is seen as a buyer’s market, so there may be more properties listed for sale than active buyers.
Crestwood Homes for Sale
Out of all housing options in Crestwood, 63% of residences are owner-occupied, and 37% are rented. The neighborhood’s estimated vacancy rate is about 12%, which tracks as higher than about 64% of neighborhoods across the country.
The majority of Crestwood’s housing options are of 3-4 bedroom residential properties, with 1-2 bedroom family homes being the second most common. From there, apartment complexes and smaller apartment buildings make up the third most prevalent residential property type.
Although condominiums are not as popular in Crestwood as other Houston areas, this neighborhood does include lots of land available for purchase, which is a pretty common occurrence for Texas.
Many housing options in this neighborhood were built in or following the turn of the 21st century. Properties built between 1970-1999 make up the second most prevalent subsection of housing options in Crestwood. Older properties tend to be demolished to make room for newer residences, though other older residential properties may also be renovated.