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    life's a beach

    Houston's newest lagoon community makes a splash with massive beach and crystal-blue water

    Steven Devadanam
    Jun 20, 2022 | 4:39 pm
    Saint Tropez rendering Houston Megatel
    Saint Tropez will boast more than 1,000 acres of lagoon-anchored land.
    Rendering courtesy of Megatel Homes

    Houston’s newest lagoon-locked community has broken ground. Saint Tropez, dubbed a “world-class lagoon community” developer by its developer Megatel Homes, will bring white sand beaches and crystal blue water to northeast Harris County.

    Specifically, the $2 billion Saint Tropez project will boast more than 1,000 acres on a site located at Grand Parkway and Huffman Cleveland Road. Phase one is expected to be completed by the first quarter of 2023, per a Megatel press release.

    As for that lagoon life, future residents can look forward to paddleboarding, kayaking, a swim-up bar, FlowRider surf simulator, a water slide tower, a playground, cabanas, a soundstage, a splash park, and more.

    Residentially, the community will include 4,500 single-family lots and multifamily units. Single-family homes will range in size from 1,500 square feet to 4,000 square feet and will run between $350,000 to $700,000 each.

    Pre-selling of the first phase of Saint Tropez is expected to begin within the next 60 days, per a release.

    Multifamily rental units will also be available. These will include one-, two- and three-bedroom options with rental rates expected to begin at $1,200 per month.

    Citing Houston’s “exponential” growth and sixth-largest growth in employment in the U.S. over the past year (according to the Bureau of Labor Statistics), the company notes that the project primes them for entry into our red-hot market.

    “Megatel Homes has been searching for the optimum opportunity to gain re-entry into the Houston housing market,” said Zach Ipour, co-founder in a statement. “We are excited to bring this revolutionary residential experience to the Houston area.”

    Why the area? Megatel adds in a release that it procured the land at a “reasonable” price, which helps to offer buyers “luxurious amenities and a superior residential experience” at an attractive price point — even offering financing, towards that end.

    Saint Tropez marks one of 12 master-planned lagoon communities with resort-style amenities in development by Megatel.

    “Lagoon communities have proven to be an extraordinarily popular residential option throughout Texas, with heavy demand for these amenity-rich developments,” Ipour added in the statement. “As a result of this significant demand, Megatel is pursuing the development of a dozen such communities throughout Texas and expanding to other states.”

    As CultureMap has reported, few phenomena have been buzzier than lagoons, of late, as evidenced by the success of Lago Mar in Texas City. The Crystal Lagoon development there saw some 80,000 visitors to the shimmering waters and Lagoonfest activities last year alone.

    trendshome-for-sale
    news/real-estate

    Tax Hike

    Texans have the 7th highest property taxes in the nation in 2026

    Amber Heckler
    Feb 18, 2026 | 9:15 am
    Home in a neighborhood
    Photo by Point3D Commercial Imaging Ltd. on Unsplash
    Renters are also affected by rising property taxes, the report said.

    Property taxes can be a particularly sore subject for homeowners, and a new study has revealed Texans are saddled with the seventh-highest property taxes in the nation.

    WalletHub's annual report, "Property Taxes by State," released February 17, found Texas homeowners will pay a median $4,232 in property taxes in 2026. That's based on the state's median home value of $283,800.

    Last year, Texans were on the hook for a $4,111 property tax bill based on a median home value of $260,400. And Texas residents are expected to pay $360 more on their property taxes this year than in 2024, when the figure was $3,872.

    To determine which states have the biggest and lowest property tax burdens on residents, WalletHub's experts divided each state's median real estate tax payment by its respective median home price. The report then used the resulting rates to extrapolate the annual real estate tax that would be paid on a house valued at $332,700, which was the median value for a U.S. home as of 2024 (the year where the latest data was available). All 50 states and the District of Columbia were analyzed.

    Texas tied with Nebraska as No. 44 in the national ranking of states with the highest property tax burdens for residents right now. Both states have an effective tax rate of 1.49 percent, the data said.

    Still, the property tax burden in Texas isn't as punishing as New Jersey (No. 51), whose residents are shelling out almost $9,600 on their property taxes this year based on a median home value of $454,400. On the opposite end, Hawaii is the state with the lowest property taxes, with residents spending about $2,239 based on a median home value of $839,100.

    The annual property taxes Texans would pay on a $332,700 home (the 2024 U.S. median home value) added up to $4,961, the report said. For added context, the U.S. Census Bureau found the average American household pays $3,119 annually on property taxes.

    Of course, property taxes vary by region, and residents living in Harris County are familiar with enduring tax hikes. Houston renters are also affected by rising property taxes despite not owning their homes, WalletHub said.

    "While property taxes may seem irrelevant to the 35 percent of households that rent, that assumption misses the mark," the report said. "Whether paid directly or indirectly, nearly everyone bears the cost of property taxes, as they influence rental prices and help fund state and local governments."

    According to Walltethub, the top 10 states with the lowest property taxes for 2026 are:

    • No. 1 – Hawaii
    • No. 2 – Alabama
    • No. 3 – Nevada
    • No. 4 – Arizona, Colorado, and South Carolina (tied)
    • No. 7 – Idaho
    • No. 8 – Delaware and Tennessee (tied)
    • No. 10 – Utah
    real estateproperty taxestexaswallethubreports
    news/real-estate

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