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    top stories of 2021

    Houston's top real estate stories of 2021 open doors to posh palaces and game-changing developments

    Eric Sandler
    Dec 27, 2021 | 1:52 pm
    1 Mott Lane Mario Elie Gina Gaston Piney Point
    The house at 1 Mott Lane led the year's most popular real estate stories.
    Photo courtesy of Bernstein Realty

    As a city on a swamp founded by speculators, following the latest real estate transactions is part of Houston's civic DNA. After a relatively quiet 2020, this year provided plenty of fireworks.

    Whether it's a star athlete's home hitting the market or the latest game changing mixed-use development, readers couldn't resist diving in to all the juicy details. In a year when low interest rates prompted many people to sign mortgages, our series for first-time homebuyers also drew plenty of eyeballs.

    Elsewhere, we took civic pride in our fast-growing suburbs and marveled at one of River Oaks' most exclusive mansions. Let's not forget Shipley Do-Nuts' plans to bring a high-style drive-thru to the growing East End.

    Without further ado, here are the 10 most popular real estate stories of the year:

    1. Houston super couple's Piney Point home rockets onto market for $3 million. Rockets legend Mario Elie and TV anchor Gina Gaston's palatial home offered six bedrooms, posh formals, an island kitchen that opens to a breakfast room, a den and wet bar, and a wood-paneled study.

    2. Former Houston Texans star tosses his Memorial mansion onto market for $8.45 million. Boasting some 1.42 total acres and 13,000 feet of living space, the five bedroom home features dramatic staircases, vaulted ceilings, and exposed, beamed ceilings.

    3. Massive new master planned community breaks ground in Houston's west side. When completed, the development will consist of 7,000 homesites that will eventually house an estimated 26,000 residents.

    4. Houston suburb raises the roof with one of biggest housing booms in the nation. Fort Bend County grew 41 percent (80,880 new housing units) over the past decade, according to U.S. Census Bureau data.

    5. 6 affordable Houston neighborhoods for first-time homebuyers in 2021. A local expert shared his picks for affordable neighborhoods that fit first-time buyers.

    6. Luxurious new waterfront development sails into Galveston's hottest island. Expect 70 luxurious two-, three-, and four-bedroom condominium homes, ranging from 1,200 to more than 3,000 square feet, along with plenty of posh amenities.

    7. Royal River Oaks palace built for Saudi prince dazzles market at $18 million. The listing agent described the three-story, 10 bedroom home as follows: "an extremely rare opportunity in the heart of River Oaks, and something that really can not be replicated with this quality of materials."

    8. Houston's favorite doughnut shop rolls out sweet new headquarters in familiar space. The building will also be home to a flagship doughnut shop with an interior drive-thru that will provide customers with a behind-the-scene's look at the facility's operations.

    9. Fort Bend paves the way for more residential and retail with massive new development. Overall, the three phases cover approximately 180 acres and 1 million square feet, which positions Fort Bend Town Square as a top shopping destination in Missouri City.

    10. Game-changing waterfront mixed-use development flows into East Downtown. By the numbers, East River will encompass 1 million square feet of new construction extending 60 city blocks and take 20 years to complete.

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    news/real-estate
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    rent report

    Here's how much Houston rent prices have dropped since last year

    Amber Heckler
    Jun 2, 2026 | 9:15 am
    Houston skyscrapers
    Photo by Datingscout on Unsplash
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    Rent prices are falling statewide, and Houston's have declined more than nearly all other major cities in Texas, according to a new national rent report from Zumper. Houston also has the fourth-cheapest rents in Texas.

    The Zumper National Rent Report tracked year-over-year and month-over-month rent price changes in 100 U.S. cities for both one- and two-bedroom units using the most recent data available from May 2026.

    Rent prices for one-bedroom units in Houston have dipped 9.6 percent year-over-year, to $1,130, which is the second-steepest decline in Texas. Two-bedroom rents have dropped nearly 5 percent from last year to $1,430.

    The report also revealed that four of the 10 U.S. metros offering the most concessions are located in Texas. Austin leads nationally with more than a third of rental units "dangling incentives to fill space," followed by San Antonio and Houston. A separate rent report from real estate data firm CoStar found Houston had the fourth highest apartment vacancy rate in the U.S. in March, meaning residents may be able to save on their rent depending on the financial incentives offered by landlords.

    Additionally, these same markets offering generous rent concessions are also among the 10 U.S. metros with the largest population growth, which Zumper says signals ongoing tension between tenants and their landlords regarding prices.

    "So while Texas absorbed a significant share of the 2023-2025 supply wave, inventory still has to lease up before landlords regain pricing power, and the steady inflow of new residents says the demand is there," the report stated. "It’s just a question of when supply stops outrunning it."

    From 2023 to 2024, Texas gained nearly 73,000 net new renters, making it the No. 1 magnet for renters nationwide.

    Rent prices elsewhere in Texas
    San Antonio saw the steepest drop in rent prices statewide, with one-bedroom rents falling by 10.4 percent to $950. Two-bedroom units have declined 6 percent year-over-year to $1,250.

    Arlington was the only major Texas city where rent prices increased from May 2025 to May 2026. One-bedroom rent increased nearly 3 percent to $1,090, and two-bedroom rent increased 2.1 percent to $1,480.

    Zumper annual rent changes in Texas cities Zumper

    These are the rent prices for other Texas cities in May 2026:

    • Austin: $1,420 for one-bedroom units; $1,860 for two-bedroom units
    • Dallas: $1,350 for one bedroom; $1,900 for two bedrooms
    • El Paso: $810 for one bedroom; $1,130 for two bedrooms
    • Fort Worth: $1,240 for one bedroom; $1,560 for two bedrooms
    • Irving: $1,280 for one bedroom; $1,610 for two bedrooms
    • Plano: $1,360 for one bedroom; $1,900 for two bedrooms
    rentrent reportzumperapartmentsreal estatehouston
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