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    Hot Property

    Big Texas ranch owned by legendary oilwell firefighter has a hot asking price

    Arden Ward
    Jul 21, 2014 | 1:44 pm

    A ranch of legendary proportions has hit the market in Lago Vista, about 20 miles northwest of Austin. The expansive property — Edgewater Ranch — was formerly owned by Texas legend Red Adair. An oil well firefighter from Houston, Adair inspired the 1968 film Hellfighters, in which John Wayne played a character based on him.

     
     

      The sprawling 109-acre ranch offers unparalleled views of Lake Travis and the Hill Country. 

     
     

    Sold by the Adair family in 1997, "Adair Ranch" (as it's informally called) is no stranger to the spotlight. Currently the movie Hot Air — starring Jere Burns, Matthew Gray Gubler and Schuyler Fisk — is filming on the property.

     

    In addition to its storied past and Hollywood accolades, the sprawling 109-acre ranch offers unparalleled views of Lake Travis and the Hill Country along with a host of amenities.

     

    Situated on the ranch is a custom four-bedroom, three-bathroom home built in 2001; a pool; ample outdoor entertaining areas and a guest house. Aside from city comforts, the lakefront location includes brilliant sunrises, sunsets and wildlife.

     

    The ranch is listed for $9.5 million by Michael and Stacy Spickes of Realty Austin.

    The surrounding ranch provides a rustic retreat from life in the big city.

    Red Adair ranch house with pony
      
    Photo by David Stewart with Realtour
    The surrounding ranch provides a rustic retreat from life in the big city.
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    Rent report

    This Houston suburb had the highest apartment rent prices in June

    Amber Heckler
    Jul 4, 2025 | 1:00 pm
    Sugar Land
    The City of Sugar Land, Texas – City Government/Facebook
    The asking rent for a one-bedroom apartment in Sugar Land was $1,450 in June, and two-bedroom units were $1,870.

    Apartment rent prices in June were more expensive in Sugar Land than they were anywhere else in Houston, according to the latest monthly rental report from Zumper.

    The rent report, which analyzed active listings from the previous month across all cities in the Houston metro, tracks the most and least expensive rent prices for one- and two-bedroom apartments, and determines the cities with the fastest growing rents. Listings were aggregated by city to calculate median asking rents.

    Despite having the most expensive rent in the Houston area last month, the asking rent for one--bedroom apartments in Sugar Land was technically lower than it was a year ago. Sugar Land's asking rent for one-bedrooms dropped 0.7 percent year-over-year to $1,450, while asking prices for two-bedroom units grew 3.3 percent to $1,870.

    Galveston saw the highest jump in one-bedroom prices year-over-year this past June, with asking rent for single-bedroom units rising 2.7 percent to $1,140. Two-bedroom apartments in Galveston dropped 2 percent year-over-year to $1,450.

    One-bedroom rent in Pearland decreased 1.5 percent to $1,340 in June, which Zumper found was the second-highest rent price in Houston. Year-over-year prices for two-bedroom units rose nearly 3 percent to $1,770.

    Houston proper had the third most expensive rent in the metro area last month, with prices for one-bedroom units remaining flat year-over-year at $1,280, while two-bedroom units decreased 7.4 percent to $1,500.

    Houston-area cities with affordable rent compared to the statewide median
    Zumper's report revealed that the median asking rent for a one-bedroom apartment in Texas came out to $1,134 last month, but there was no figure given for two-bedroom units.

    Out of the 13 Houston-area cities included in the report, six had affordable asking rent prices lower than the statewide median: Huntsville ($850), Pasadena ($900), Texas City ($910), Lake Jackson ($920), Baytown ($940), and La Porte ($1,100).

    Huntsville rent prices were the cheapest in the metro last month, but rent in Baytown decreased the most dramatically since last year with prices plunging 14.5 percent. Huntsville's current asking price is 5.6 percent lower than it was this time last year, which was the second-lowest drop.

    These are the June rent prices for one-bedroom apartments in the three remaining Houston-area cities:

    • League City – $1,200
    • Spring – $1,180
    • Conroe – $1,150
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