It is an example of Greek Revival architecture and was built about 1850 by Ebeneezer B. Nichols from New York. Between 1856 and 1873 it was owned by financier William Marsh Rice, whose estate helped create Rice Institute (now Rice University) in 1912. Homes in the Heights have varied architectural styles, including Victorian, Craftsman and Colonial Revival. The neighborhood is composed of several large homes and many smaller cottages and bungalows, many built in the late 19th and early 20th century. After 1905, Victorian cottages tended to be replaced by bungalows. While there are a few examples in the Heights of the columned Colonial Revival, the most popular "elite" house type in the 1910 era, other upscale houses were adapted from specific historical models popular in the 1920s, such as the Shefer House with its Dutch Colonial gambrel roof and the stucco-surfaced, Mediterranean villa-type Tibbott House on Harvard Street, with French doors opening the interior of the house to its site and an east side loggia replacing the old-fashioned front porch. Since deed-restriction enforcement is mandated in the Heights area, a majority of the houses built at the start of the 20th century and early 20th century still retain the old Heights character. Many of the homes built in the Eastwood neighborhood represent Craftsman, Arts and Crafts, Foursquare and Mission Revival architectural styles. Eastwood was one of Houston’s first master-planned subdivisions. Developed in 1913 by William A. Wilson, who also developed its sister neighborhood, Woodland Heights, Eastwood has one of Houston’s largest collections of homes designed in these early-20th-century styles. In the newer section of Eastwood (built from the 1920s and 1930s), there are bungalows, prairie, colonial and federal styles. Post-war housing constructed throughout Houston reflects many architectural styles. Although most houses built for the "baby boomers" reflect designs that had been around for decades, a number of homes were designed in the mid-century modern style, featuring flat or butterfly roofs, open floor plans, walls of glass, atriums and patios. A good example of this style is the William L. Thaxton Jr. House, located in Bunker Hill Village, which was designed by Frank Lloyd Wright and built in 1954. Memorial Bend is made up of 1950s and early 1960s homes built in the modern (contemporary), ranch, and traditional styles.