A near-record residential sale took place in Houston last month.
Energy executive Neil Kelley sold the mansion at 3 Briarwood Court on April 29 to Frank and Jill Stagg, according to public records. The sale price is undisclosed, but the home was listed for $21.5 million at the time — well below its original asking price of $27.5 million, but higher than the asking price of any home that’s sold publicly since 2024, according to the Houston Association of Realtors.
On a 1.2-acre lot in the River Oaks neighborhood, the 15,800-square-foot home has four bedrooms and eight bathrooms. Features of the property include an elevator, an outdoor putting green, an indoor golf room and a four-car garage. The final listing price comes down to about $1,360 per square foot.
The home hit the market in January 2024 for $27.5 million, ending the year as the most expensive residential offering in the Houston area. The seller cut the price to $23.5 million in April 2025 before settling at $21.5 million in January 2026. Compass agent Robert Bland had the listing.
Even at its reduced price, the sale easily surpassed the $13 million listing that was the city’s priciest residential sale to date. Now the runner-up, the 11,700-square-foot home at 3649 Chevy Chase Drive was also sold by an energy industry member.
It’s also more expensive than any home that sold in 2025. The top public residential sale in the Houston area last year, a 9,400-square-foot home less than a mile down the road at 2110 River Oaks Boulevard, asked $18.9 million.
The most expensive home that sold in 2024 was another River Oaks mansion. Heiress Lori Krohn Sarofim sold the 15,000-square-foot estate at 3630 Willowick Road, about a mile from 3 Briarwood Court, in December after asking $24.8 million, ranking second among the city’s top residential sales ever, according to Houston Agent Magazine. The 26,600-square-foot mansion at 120 Carnarvon Drive, which sold in 2022 after asking $26.5 million, still holds the record for the priciest home sold on the multiple listing service in Houston.
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