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    On the Market

    A $3.8 million castle in the sand: Lavish Galveston mansion is all about the beachfront

    Barbara Kuntz
    Barbara Kuntz
    Jan 7, 2014 | 7:04 am

    Editor's Note: Houston and the surrounding areas are loaded with must-have houses for sale in all shapes, sizes and price ranges. In this continuing series, CultureMap snoops through some of the best and gives you the lowdown on what's hot on the market.

    A castle in the sand is catching waves of attention as a dream sunny family retreat for generations to come — and just in time for Galveston's yearlong celebration of its 175th birthday.

    A majestic house in the Beachtown community offers 5,200 square feet on four levels, with seven bedrooms to comfortably accommodate friends and relatives for the 2014 celebration festivities and, of course, pure relaxation any year and any time of year. With a $3.795 million asking price, the custom home at 1609 Seaside Drive sits on three beachfront lots, allowing for bountiful bay and gulf views. All doors and windows are rated for 150 mph wind impact.

    Walk Through
    Up the elevator or stairs above the large patio, shower, garage and storage leads guests to the main foyer on the second level. The large kitchen is open to the living/dining area, which is surrounded by beachfront scenery via large windows.

    One guest room is located on this floor, while four bedrooms, including the richly-appointed master bedroom and luxurious bath, are on the third level. The remaining bedrooms sit high above on the fourth level for more fantastic vistas.

    Seven and one-half baths, media room, study, lounge area, exercise room and children's loft playroom fill the home with plenty of options for all ages.

    Step Outside
    Wrap-around porches on three sides of the house afford private views from sets of double-French doors. Community space extends the life outdoors with more than 1,700 square feet of deck space. A large private porch with slate floor, corbels and more columns beckons lounging. The lush passage with gazebo provides a short, scenic stroll to the beach or to the town center, where amenities such as a pool, gourmet cafe, ice cream shop and stores await.

    Square footage: 5,200

    Asking price: $3.795 million

    Listing agent: Kelly Kelly, Re/Max

    An antique Belgian crystal chandelier hangs above the custom zinc-top antique table. Custom 100-year-old French oak wide plank flooring is found throughout the house.

    On the Market 1609 Seaside Galveston December 2013
      
    Photo by © Alan Kelly
    An antique Belgian crystal chandelier hangs above the custom zinc-top antique table. Custom 100-year-old French oak wide plank flooring is found throughout the house.
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    the benefits of renting

    Houston rockets to America's top spot in millionaire renter growth

    John Egan
    May 30, 2025 | 2:45 pm
    La Colombe d'Or 2021 exterior
    Photo courtesy of La Colombe d'Or
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    Sure, plenty of Houston millionaires own swanky homes in neighborhoods like River Oaks and Tanglewood. But in recent years, Houston has seen a huge spike in the number of millionaires opting to rent rather than own a place to live.

    A new report from apartment search website RentCafe ranks the Houston metro area as the fastest-growing U.S. market for millionaire renters. The number of local millionaire renters soared from just seven in 2019 to 179 in 2023, according to the report. Houston’s growth rate for that time period — nearly 2,500 percent — put it at No. 1 in the report’s ranking of millionaire-renter hotspots.

    “Many of today’s high-income renters live in metro areas … where the abundance of apartments as well as sky-high costs of homeownership make renting the more practical and cost-effective option,” RentCafe explains.

    The report largely attributes the nationwide 203 percent bump in millionaire-renter households to a 60 percent spike from 2019 to 2023 in the number of millionaire renters among millennials.

    RentCafe based its report on data from the Integrated Public Use Microdata Series (IPUMS) website.

    Looking at Houston’s millionaire-renter data another way, the region ranked 15th for the sheer number of households (179) occupied by millionaire renters in 2023, the report says.

    Still, the number of millionaire homeowners in Houston far outweighs the number of millionaire renters. The report tallied 3,050 local millionaire-owner households in 2023, earning it 12th place on the list of hotspots for millionaire owners.

    To the north, the Dallas-Fort Worth metro area appeared at No. 2 in the ranking of places seeing the biggest growth rate in millionaire renters from 2019 to 2023. The number of millionaire households in DFW soared more than 1,200 percent — from 14 in 2019 to 185 in 2023, according to the report. DFW ranked 14th for the number of millionaire-renter households in 2023.

    DFW earned 11th place in the ranking of the number of hotspots for millionaire owners (3,133).

    To the west, the Austin metro area landed at No. 19 for growth in the number of millionaire renters. That figure climbed from 90 in 2019 to 207 in 2023, or 130 percent, the report shows. Austin ranked 12th for the number of millionaire-renter households in 2023.

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