Have you ever thought about moving to the Lone Star State? Maybe you want the warm weather, friendly locals, great food, and luxurious houses!
We don’t blame you. Moving here is very common among expats who want great weather all year round and plenty of indoor and outdoor things to do in their free time.
But what about the real estate market in Texas? How is it different from California, Los Angeles, Beverly Hills, New York City, Palm Beach, or Bel Air? Can you afford to move here? Do you have to be a billionaire? Knowing the most expensive home sales can help you make an intelligent decision.
Browsing one of Texas’s most expensive home sale can give you a good overview of the Texas real estate market, house sale value, and super expensive house sales across the state!
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Overview of the Texas Real Estate Market
Understanding the Texas real estate market is helpful in seeing where you should buy a home, when to buy it, and what to look out for when browsing for your dream home. The Texas real estate market value can help buyers and their realtors work together to find the best house prices in Texas.
Don’t just buy an expensive home — make sure you do your research ahead of time on the real estate market! Learn how to sell your house for cash before selling or buying a property!
Understanding an overview of the Texas real estate market is helpful for both buyers and sellers in the state. Check out some of these interesting real estate facts for 2022, and how the pandemic changed the market, before packing your bags to move here:
- The median home listing in McLennan County is $269.9K, with the listing price per square foot coming to $159
- The median home price in Bexar County is $289.9K, with the listing price per square foot coming to $161
- The median home price in Tarrant county was $352K last year
- The median listing home price for San Antonio is $285K, whereas the median listing home price for Fort Worth is $335K
- The median listing home price for the 76248 zip code comes to $530.5K
- Home values in Dallas increased by over 20% in 2021
- Median home sales price of a single-family home in Dallas increased to $360,000 in 2020 during the height of the pandemic
- The average days on the market for a home in Dallas is 62
- The home prices in North Texas county are higher than Austin
Prime Real Estate Prices in Texas
Browsing the prime real estate prices in Texas can help you figure out the best time for house selling and house purchasing. Knowing Texas real estate before paying the asking price can help you find the best house prices in Texas.
Understanding the past of the Texas real estate market and helping buyers understand the trajectory of the housing prices.
In 2021, the number of residences sold in Texas increased to over 416,000 houses. The median home price reached upwards of $300K, which was up 15.7% from 2020. The median price per square foot of $150 showed how the costs of housing increased substantially from 2017 onwards.
Since the housing prices have substantially increased in recent years, it is a hard time to afford houses in the state. Experts recommend waiting and browsing the real estate market before putting money down on a house that might not be the right fit, price range, or size for you. Consult with companies that buy houses in Jacksonville before purchasing a home!
The Most Expensive Home Sales in Texas
If You are moving to Texas, it can be helpful to find the most expensive home sale in the state. Not only will it provide you with a good idea of the price range of Texas real estate, but looking into the expansive Texas home sales can show you the high-end of the price range when it comes to desirable areas and properties.
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This six-bedroom, 13-bathroom, 15,394 square foot mansion in Austin, Texas, is one of the most expensive listings in Texas. Listed by ABOR, this single-family residence is perfect for those who want extensive acreage, tons of garage spaces, guesthouse property, and have money to spend. The Estimated payment on this house comes to approximately $281,040 per month.
If you want to purchase land for sale that qualifies as one of the most expensive properties in Texas, this property by Kuper Sotheby’s International is excellent for those who want to start fresh.
If you have big plans in your mind for building a mansion that will work well for you and your huge family, you want to build a farm, or you want to build a business, this extensive property at $30,525,000 could be perfect for you.
Looking for more land? This 405-acre lot in Socorro, Texas, is ideal for those who want to build one of the most well-known homes in Texas. Coming to $30,000, this extensive lot by Home Pros Real Estate Group is ideal for businesses. Forget Florida – build your penthouse home here!
This six-bedroom, 16-bathroom mansion is for those who want an opulent lifestyle. If luxury and the finer side of life is your calling, this expansive home with a manicured garden, outdoor space, separate wings, and 4+ acres is the property for you. Built in 2003, this home costs approximately $191,000 per month or is listed for sale at a whopping $29,500,000.
If you enjoy the idea of building your own property or house on the water, then this lot in Brookeland is the perfect spot. Located in the wetlands of Brookeland, 600 acres can provide you plenty of space to start your business, build the home of your dreams, or protect the beautiful Texan land.
Coming in at $27,500,000, this massive plot of land is for those who now have big plans.
Located in Houston, this five-bedroom, eight-bathroom, and 12,209-square-foot home is the perfect family home for those who want to be closest to the city without being in the hubbub of city life. Coming in at $27,500,000, estimated monthly payment comes to just over $178,000.
Coming in at $27,000,000, this plot of land is for those who want to build a beautiful home in the picturesque Leander. With a payment of just over $168,000 per month, this waterfront land is great for outdoorsy people. Don’t move to Malibu – move to Leander!
Another plot of land coming in at just under 290 acres, this $27,000,000 plot of land is suitable for homeowners and inspired people who want to build on this land. You can even build a beautiful wine cellar here!
After a price increase of $1.1 million in March of 2022, this home is now for sale for $26,785,000 in May of 2022. With A price estimate of just under $149K per month, this three-bedroom, four-bathroom, and the 6,315-square-foot house contains a breathtaking swimming pool and amazing views.
This plot of land comes in at just over $25,150,000, with a price estimate of $151,199 per month.
This single-family residential home contains three bedrooms, and five bathrooms, and was built in 1990. With 5,580 square feet, this property on the luxury market contains central heating, electric heating, fireplaces, hot water, and everything you could ever need. At $25,000,000, the monthly price for this property is just over $154K per month.
Coming in at $24,500,000, this three-bedroom, three-bathroom property in Johnson City comes in at $140,000 per month. This single-family residence was built in 2004 and features a beautiful pool, expansive outdoor area, and modern kitchen.
This eight-bedroom, ten-bathroom, and 15,918-square-foot megamansion in Dallas comes in at $24,500,000, with a monthly payment of $157,730 per month. Designed in 1972, an extensive remodeling project took place in 2005 and again in 2022, creating a modern, spacious, and opulent single-family home.
This five-bedroom, five-bathroom, and 6,000-square-foot home in Bellevue is on the housing market for $20,000,000, with a monthly price estimate of around $118,571. This farm property contains central heating, electric, and propane power and was built in 1986. Forget NYC and move here!
This seven-bedroom, 15-bathroom, and 18,769 square foot mansion in Dallas is on the market for just under $19 million, coming in at $18,900,000. The monthly payment for this luxurious home is $121,657 a month for the 18,769 square feet, 1.3 acres, and nine attached garage spaces.
As you can see, there are tons of expensive Texas home sales that can provide potential buyers with more information regarding the Texas real estate market.
Looking at the most expensive home ever sold in TX and expensive home sales can give buyers and sellers an idea of when is best to purchase a home, rent a house, or sell their property. Use cash home buyers in Longview to get the best price for your home!