It does not hurt it, that is for sure. Your own reports show us the #1 real estate market in the entire country!!
There is plenty of "zoning" in the regards to deed restrictions within subdivisions and master planned communities and there are smaller cities within the great Houston metro area (Bellaire, Jersey Village, Sugar Land) that have their own zoning laws.
Most buyers understand if they purchase in an area, typically inside the 610 Loop, that feature residential homes side by side to commercial interest such as a dentist or attorney office located inside a home or a small warehouse that they need to do a bit more investigating before buying. Larger issues are typically when a builder comes in and knocks down a small, older home and uses the large lot to put up new town homes next to the existing older homes. Still residential, but not the same look as the rest of the area. Deed restrictions stop this from happening in the suburbs, but nothing to restrict it inside the city.
Bernstein Realty, Inc.