Real Estate

5 Things You May Not Know About Texas Real Estate

Texas is the second most populated state in the U.S. In fact, over 30 million people live within its borders.

If you’re looking for a beautiful state to buy a home in, it only makes sense that you’d want to know everything you can about Texas real estate. As you learn more and more about the different counties and neighborhoods, you’ll be well on your way to deciding where you want to live for the rest of your days.

Check out this blog post for some things you might not know about Texas real estate. We also created a brief guide to ensure you’re as educated as you can be.

Read on to discover why you should start buying a home in Texas today.

1. Selling Houses

It may be easy to sell a house in a desirable area, but there are several things you may not know about Texas real estate. To start, you’ll need to know the nuances of Texas property taxes and the need for a Texas real estate license.

That’s why having Capstone Homebuyers help you with a fair cash offer is a good decision. They buy houses in any condition – no realtors, fees, commissions, repairs, and no need to clean.

2. Texas’ Largest House

Texas boasts the largest house in the U.S., standing at almost 70,000 square feet – estimated to be worth over $100 million. This incredible estate was designed with a grand vision, including a self-sufficient lifestyle.

The property encompasses 24 buildings. It also follows real estate trends for having a private airstrip, garage, swimming pool, tennis court, gardens, and lakes. The main house features hand-painted frescos, marble and crystal fixtures, a glass elevator, and separate bathrooms for each bedroom.

3. The Most Expensive Home

Texas Real Estate has many excellent characteristics, but one property that stands out among the rest is The Most Expensive Home. This luxurious 40,000-square-foot estate is located in Uptown, Dallas.

It is owned by entrepreneur and philanthropist John Goff and was listed for an impressive $135,000,000 in 2019. The home comprises 8 bedrooms, 15 bathrooms, a 6-story ballroom/theater, a rooftop pool with a lazy river, and a whole guest house.

4. Housing Is Diverse

You may not know that the state has many housing options, from large townhomes and single-family detached homes to smaller, more affordable condominiums and apartments.

In addition, there are many different styles of homes and buildings, including traditional ranch-style and Southwest-style buildings, contemporary designs, and many more.

5. A Lot of High-Rise Living

Texas is known for its sprawling ranch-style homes, but more and more people are turning to high-rise living in the Lone Star State. Some may be surprised to learn that high-rise living is growing in popularity across Texas.

In Dallas, for example, luxury high-rises are dramatically influencing the Dallas skyline. Austin is also experiencing high-rise growth, with new downtown and surrounding area developments.

True Facts About Texas Real Estate

In conclusion, Texas real estate offers many opportunities for prospective homeowners! However, there is much more to the process than meets the eye.

Researching the current housing market and familiarizing oneself with the nuances of local markets can ensure a rewarding investment experience.

Do you want to find more helpful info? Check out more of our guides on our blog today!

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