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    rising above buffalo bayou

    Food-focused Montrose development adds 40-story luxury high-rise

    Holly Beretto
    Sep 23, 2025 | 3:22 pm

    Houston has another luxury high-rise. Hanover Buffalo Bayou soars above Autry Park, a mixed-use, amenity-laden development along Buffalo Bayou near the intersection of Allen Parkway and Shepherd Drive.

    The new 40-story apartment complex offers 317 one-, two-, and three-bedroom units and nearly 5,000 square feet of ground floor retail space. Rent for a one-bedroom, one-bath, 812-square-foot unit starts at $2,830, according to the apartment’s website. A 3,300-square-foot penthouse with three bedrooms and three-and-a-half baths is listed at an impressive $15,950 per month.

    Apartment amenities include kitchens with natural and man-made stone countertops, frameless cabinets, wood-style flooring, stainless steel appliances, and undermount sinks; bathrooms with frameless cabinets, framed mirrors, and undermount sinks, with select units featuring a separate shower; living areas with wood-style flooring; and bedrooms with ceiling fans and large, walk-in closets.

    Meanwhile, the complex itself offers a professionally landscaped courtyard with a resort-style pool, a fire pit area, barbecue stations for outdoor grilling, and cabana seating; a clubhouse with a demonstration kitchen, a fitness center, a cinema with stadium seating, gaming activities, and televisions; a lobby lounge area; and a business center.

    “With the completion of Hanover Buffalo Bayou, Autry Park continues to reach critical milestones in its ongoing evolution into one of Houston’s signature urban nexuses,” said Ryan Hamilton, regional development partner – Texas at Hanover Company. “With an already robust collection of restaurant and retail spaces, as well as now three top-of-the-line luxury apartment communities populating the district, Autry Park has reached a watershed threshold in its development life cycle – with additional growth plans on the horizon that will strengthen the development’s attractiveness from a full-spectrum live, work, and play perspective.”

    The new complex is a collaboration between Autry Park, Hanover Company , and its partner Mitsui Fudosan America. It joins two other Hanover properties on the site, Hanover Autry Park, a 24-story, 324-unit complex and Hanover Parkview, an eight-story, 422-unit complex.

    In addition, Hanover Company announced back in May its plans to build Autry Park One, Autry Park’s first office building, which will have nearly 117,000 square feet of office space and an additional 10,500 square feet of ground floor retail space.

    Autry Park’s masterplan includes five towers encompassing approximately 1,450 residential units, 350,000 square-feet of Class A office space, and over 100,000 square-feet of unique, carefully curated retail, situated around a vibrant central greenspace. It is home to a number of restaurants and bars, including sushi restaurant Doko, its companion cocktail bar Bar Doko, Austin-based scoop shop Lick Honest Ice Creams, upscale Vietnamese restaurant Annam, modern Mexican restaurant Mayahuel, French restaurant Annabelle Brasserie, and fine dining steakhouse Turner's Cut. Austin's Emmer & Rye Hospitality will open its first Houston project in Autry Park in late 2025 or early 2026.

    In press materials, the multi-use development touts its improvements to public infrastructure in the surrounding streets and public spaces, including the addition of a new lighted intersection on Allen Parkway at Buffalo Park Drive, which serves as the urban center’s main entrance. The development team has committed resources toward significant improvements to the intersection of Allen Parkway and Shepherd Drive that include modernized crosswalks and pedestrian signalization, which is designed to foster safe and easy access at the western entrance to Buffalo Bayou Park.

    The lobby of Hanover Buffalo Bayou

    Photo by Jin Park, Hanover Co.

    The new Hanover Buffalo Bayou is a 40-story luxury apartment complex at Autry Park.

    luxury highrisehigh-risesopeningsapartmentsautry park
    news/real-estate

    red-hot housing

    Houston boasts No. 20 hottest real estate market among big U.S. cities

    Amber Heckler
    Aug 20, 2026 | 9:00 am
    Houston neighborhood with skyline
    Getty Images
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    It doesn't get much hotter than the Houston housing market. A new report has ranked H-Town as the 20th best real estate market among America's biggest cities right now.

    WalletHub's annual study, "Best Real Estate Markets (2026)," compares the real estate markets in 300 U.S. cities based on 17 relevant metrics, such as "housing market attractiveness," home value forecasts, housing affordability, population growth, and many others. Cities were also ranked by size: large cities with over 300,000 residents; midsize cities with 150,000-300,000 residents; and small cities with fewer than 150,000 residents.

    In the overall ranking of the best housing markets in America, regardless of city size, Houston ranks 90th out of all 300 cities.

    WalletHub ranks Houston's real estate market No. 102 nationally, and its "affordability and economic environment" ranks 111th overall.

    This is how WalletHub ranks the "health" of Houston's housing market (where No. 1 is the best and No. 150 is average):

    • No. 51 – Job Growth Rate
    • No. 96 – Home Price as a Percentage of Income
    • No. 99 – Median Home-Price Appreciation
    • No. 128 – Foreclosure Rate
    • No. 159 – Share of Seriously Underwater Mortgages
    • No. 172 – Percentage of Delinquent Mortgage Holders
    • No. 173 – Median Days on the Market
    • No. 192 – Maintenance Costs as a Percentage of Income
    Despite Houston's good standing among the biggest cities in America, a separate WalletHub report claims Houston is one of the worst cities for first-time homebuyers. Instead, Houstonians are turning to popular ZIP codes in suburbs like Cypress and Katy, which rank among the hottest places to move to in the U.S.

    Other high-performing housing markets in Texas
    Two popular North Texas suburbs — Frisco and McKinney — topped WalletHub's overall list of the best real estate markets in the U.S. for 2026 at Nos. 1 and 2, respectively, and they locked in the top two spots in the midsize city ranking, too.

    Frisco tops the nationwide "affordability and economic environment" category, and ranks No. 2 nationally for its real estate market.

    "When you look at home prices as a percentage of income, [Frisco] is the 95th-cheapest among the 300 cities in our study," the report said. "But it’s the 11th-cheapest city for phone service and the 11th-cheapest for maintenance and energy."

    Frisco boasts the highest share of houses that were built between 2010 and 2024, at nearly 47 percent, which WalletHub says is "good news for people who want all the benefits of a recently-constructed home," without having to "put in a lot of work" to renovate an older or run down home.

    "If you aim to make a profit in the long run with your housing purchase, you’ll need to look beyond tangible factors like square footage and style," the report's author wrote. "Those factors certainly drive up property values. From an investor’s standpoint, though, they hold less significance than historical market trends and the economic health of residents."

    Nearby Denton and Allen also made the overall top 10, respectively ranking as the 5th and 8th best real estate markets in the U.S. for 2026. Denton similarly ranked 5th in the midsize city rankings, and Allen topped the list of small cities.

    The top 10 best real estate markets in America for 2026 are:

    • No. 1 – Frisco, Texas
    • No. 2 – McKinney, Texas
    • No. 3 – Murfreesboro, Tennessee
    • No. 4 – Durham, North Carolina
    • No. 5 – Denton, Texas
    • No. 6 – Cary, North Carolina
    • No. 7 – Madison, Wisconsin
    • No. 8 – Allen, Texas
    • No. 9 – Charlotte, North Carolina
    • No. 10 – Irvine, California
    wallethubhousing marketreal estatereportshouston
    news/real-estate
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