Video: What $1,600,000 Buys You In Texas

In 2025, Texas shattered records with over 14,400 homes sold above the $1 million mark, generating a staggering $24.5 billion in luxury volume.

As we move through 2026, the market has transitioned from "overheated" to "intentional," offering discerning buyers a rare combination of tax efficiency, architectural diversity, and lifestyle security.

1. The rise of the vertical estate

The most significant trend for 2026 is the "condo-fication" of Texas luxury. Cities like Houston and Dallas are seeing a surge in high-rise demand, with landmark projects such as the St. Regis Residences and The Ritz-Carlton Residences redefining urban living. These "lock-and-leave" properties offer five-star amenities and security, catering to a global elite that values convenience as much as craftsmanship.

2. Regional powerhouses

While the entire state is performing well, each metro offers a distinct flavour for the Abode2 investor:

- Dallas (The Power Player): Areas like Highland Park and Preston Hollow remain the gold standard, with 15% appreciation in the last year alone.
- Houston (The Value Play): High-end enclaves like River Oaks continue to attract "old money" and energy-sector titans, offering massive estates that would be unattainable in London or New York.
- Austin (The Hill Country Chic): After a period of rapid growth, Austin has settled into a sustainable pace, with tech buyers favouring the scenic views of Westlake and the Texas Hill Country.

3. The 2026 economic edge

Beyond the aesthetics, the fiscal argument for Texas remains undefeated. With zero state income tax and a robust economy (the 8th largest in the world if it were a nation), the state acts as a magnet for corporate headquarters and generational wealth.

In 2026, experts predict a "return to fundamentals," where smart pricing and high-end presentation are the keys to capturing value in a more balanced market.

Explore the latest trends and features in Abode2, the leading luxury property magazine.