search

The Real Deal Logo

Trending

NYCB loan defaults surge 400% as rent-stabilized buildings bleedNYCB loan defaults surge 400% as rent-stabilized buildings bleedNaftali unveils sprawling $600M Williamsburg Wharf “urban resort”Naftali unveils sprawling $600M Williamsburg Wharf “urban resort”Fortress initiates $548M foreclosure on Cohen Brothers portfolioFortress initiates $548M foreclosure on Cohen Brothers portfolioWhole new world: How NYC values 421a, 485x sites nowWhole new world: How NYC values 421a, 485x sites now
Residential
Houston

Developer Bobby Orr Jr. lists Piney Point Village mansion for $7.9M

His firm Orr Commercial holds $500M in value across retail properties

Orr Commercial Founder Lists Piney Point Village Mansion for $8M
Orr Commercial President Bobby Orr Jr. and 24 Farnham Park Drive in Piney Point Village (Google Maps, Orr Commercial)

Just down the street from Beyoncé’s mother Tina Knowles’ former abode lies the home of real estate executive Bobby Orr Jr., and it has just hit the market. 

Orr’s 14,000-square-foot Georgian estate in the Lone Star State’s second wealthiest town, Piney Point Village, was just listed for $7.9 million, about $564 per square foot. Compass agent Clare Leppert is representing the seller. 

Located at 24 Farnham Park Drive, between Buffalo Bayou and the Kinkaid School, the three-story mansion is within the Farnham Park subdivision. 

All of the ground floor rooms open to porches and loggias leading to 36,000 square feet of manicured grounds, with a koi pond, outdoor kitchen and heated pool. The interior is decorated with hand-painted Gracie wallpaper and white oak plank floors. Amenities include a four-car garage, a two-story library, two game rooms, an elevator and a guest suite with a kitchen. It’s also outfitted with a home theater and snack room. 

Sign Up for the undefined Newsletter

Orr and his wife, Charlotte Orr, acquired the property in 2005, according to the Harris County Appraisal District, which assessed its value last year at $3.3 million. 

Orr is the President of Orr Commercial, a commercial real estate firm he founded 25 years ago. The company holds about $500 million in assets, primarily retail, spanning about one million square feet in Greater Houston, according to its website. Projects it has under development include the Spur at Seven Coves, a 144,000-square-foot entertainment hub set to include eateries and retailers, at the intersection of I-45 and Seven Coves Road in Conroe. 

Orr is also the brains behind Leva Living, a development firm set to bring a build-to-rent community to the Atascocita area. It started construction on a 162-home rental community spanning 16 acres at 17260 West Lake Houston Parkway in 2022. 

With an average listing price of $3.7 million, Piney Point Villages is one of the most exclusive areas in Greater Houston, beating out River Oaks’ $2.5 million average listing price, according to Realtor.com.

Read more

Companies and People
Orr CommercialBobby Orr Jr.
Tags
HoustonLuxury Real EstateTexas