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    On the Market

    The Houston high life: Midtown penthouse with a private rooftop terrace carries a $869,000 asking price

    Barbara Kuntz
    Barbara Kuntz
    Mar 7, 2014 | 12:54 pm

    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 really jazzy Midtown penthouse with sweeping downtown skyline views — and access to a breathtaking infinity pool on a expansive rooftop deck — is up for sale for those urbanites wanting new digs.

    Walk through
    This chic loft-style apartment at The Rise Lofts on 2000 Bagby St. sits on the top-level 15th floor in this modern condominium. Fifteen-foot-high ceilings throughout the property at Unit 15400 take owners from a dramatic entryway to the living and dining area, an expansive space for entertaining. Exposed ductwork adds to the ambiance, as do contemporary ceiling fans and twinkling track lighting. Hardwood scraped flooring is softened with custom area rugs.

    A counter with bar stools is framed by a wall cut-out, opening the kitchen to the main room and allowing conversation to flow. Enter the kitchen from either side of the bar to find a gourmet chef's paradise. The slick stainless steel appliances, including a wine refrigerator, remain for the new residents.

    The master bedroom is truly a room with a view. The full master bath is en suite, as is a recently renovated and expanded closet with built-in shelving.

    The second bedroom is light and bright and includes its own closet. Across the hall is a room now serving as a media center, but easily transferrable into an office or third bedroom. Another full bathroom offers privacy for guests.

    Step Outside
    The master bedroom, as well as the grand room, open to a 742-square-foot terrace affording beautiful views of downtown. Unit 15400 is only one of four apartments on the top floor that boasts a private deck.

    More incredible vistas and amenities are found on the 15th floor: Comfortable furnishings, dipping pool, hot tub and vanishing edge pool. All residents hold key fobs to enjoy daytime and nighttime activities in this amazing setting.

    Two assigned parking places are part of the penthouse package and are located on the fourth floor.

    P.S.: Keep the party noise to a minimum. And we'd like an invitation, by the way.

    Square footage: 2,359

    Asking price: $869,000

    Listing agent: Tara Wikoff, Almost Home Properties

    Fifteen-foot-high ceilings, exposed metal ductwork, contemporary ceiling fans and twinkling track lighting add the perfect lofty touches to penthouse No. 15400 at 2000 Bagby in The Rise Lofts.

    42 On the Market Bagby 2000 Unit 15400 March 2014
    Photo courtesy of © Rockbait Photo Tours
    Fifteen-foot-high ceilings, exposed metal ductwork, contemporary ceiling fans and twinkling track lighting add the perfect lofty touches to penthouse No. 15400 at 2000 Bagby in The Rise Lofts.
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    millennial magnet

    Houston stars among 30 hottest U.S. metros for millennial homebuyers

    Amber Heckler
    Jul 20, 2026 | 1:30 pm
    Houston neighborhood
    Photo by Jose Losada on Unsplash
    Houston is a millennial magnet.

    Houston and its surrounding cities have already proved to be magnets for millennials, and now a new national housing report has established the city as one of the 15 hottest destinations for millennials, whose local homeownership rate has nearly doubled since 2018.

    The number of millennials who own their homes in Houston has grown from 227,365 to 418,698 households over the last five years (84.2 percent), according to a new housing analysis from RentCafe.

    The study compared homeowner growth rates versus renter growth rates of millennials — based on Pew Research Center's definition as individuals born between 1981 and 1996 — across 107 U.S. metro areas from 2018 to 2023.

    Houston ranked No. 29 in the overall list of U.S. metros that have seen the highest increase in millennial homeowners since 2018. About 49 percent of all Houston-area millennials own their homes, with the remaining 51 percent renting, the report found.

    Houston also ranked 22nd in the national list of cities with the biggest growth rates among millennial-age renters. The number of millennial renter households jumped from 397,410 to 439,371 in five years, a 10.6 percent hike.

    About 5.3 million millennials have become homeowners over the last five years nationwide, RentCafe's analysts said, which represents a massive 74 percent increase in millennial-owned households. The growth rate of renters was much lower in comparison.

    "At the same time, the number of millennial renters in the U.S. rose by a modest 5 percent, adding approximately 600,000 households," RentCafe said. "This brings the total number of millennial homeowner households to 12.4 million, close to the 12.6 million millennial renter households."

    While the rate of millennial homeowners is on the rise, the same can't be said for Gen Zers. Less than 15 percent of all Gen Z households in Houston own their homes, while the vast majority are renters, a separate RentCafe study found.

    Elsewhere across the state, Austin (No. 7) and San Antonio (No. 10) ranked among the top 10 U.S. cities with the biggest growth rates among millennial homeowners.

    The top 10 U.S. metros with the highest gains in millennial homeowners are:

    • No. 1 – North Port, Florida
    • No. 2 – Lakeland, Florida
    • No. 3 – Jacksonville, Florida
    • No. 4 – Stockton, California
    • No. 5 – Oxnard, California
    • No. 6 – Palm Bay, Florida
    • No. 7 – Austin, Texas
    • No. 8 – Tuscon, Arizona
    • No. 9 – Deltona, Florida
    • No. 10 – San Antonio, Texas
    rentcafestudyreal estatehousing reportmillennialshouston
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