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    Going Up

    Only 4 ultra-luxe penthouses remain atop Houston's first Thompson Hotel

    CultureMap Create
    Oct 3, 2023 | 2:00 pm

    Here are your new #homegoals: The Penthouse Collection at the Residences at The Allen, atop Houston's first Thompson Hotel.

    These incredible luxury homes showcase breathtaking views, meticulously designed floorplans, and exquisite customized finishes, all on floors 29 through 35 of this haute Houston high-rise.

    But here's the kicker: Only four penthouses remain on the market.

    "We now have only four of our 22 penthouse units left," remarks Samuel Katz, director of sales at Residences at The Allen. "The market's supply of penthouses of this exceptional quality is extremely scarce, and none can match the array of amenities provided by the Residences at The Allen. This building genuinely presents homeowners with a unique lifestyle that Houston has never experienced before."

    Residents have full access to all the amenities provided by the Thompson Hotel, including 24-hour resident's valet and concierge, room service, a lavish spa, and breathtaking views of the city from the one-acre pool deck, complete with cabanas and signature restaurants.

    The Residences at The Allen

    Renderings courtesy of DC Partners

    You can plan one heck of a housewarming.

    The helistop will be available to hotel guests and residents, engineered to accommodate future drone deliveries and transportation.

    If you're ready to buy, the two exclusive penthouses encompassing the entire 35th floor are available for individual purchase with architectural designs or as a fully customized full-floor unit.

    Penthouse #3501 measures an impressive 8,308 square feet, encompassing three bedrooms, three full baths, and two half baths.

    This one-of-a-kind residence features commanding views to the east (downtown), north (Buffalo Bayou Park), and west (Galleria) through its floor-to-ceiling windows, boasting soaring, 24-foot ceilings and a generous balcony.

    A magnificent two-story layout ensures that every room affords spectacular views. Current drawings also provide a lavish home theater complete with a wet bar, private saunas for ultimate relaxation, flex space, and the convenience of a private entrance to ensure your retreat remains undisturbed.

    Penthouse #3502 spans 6,362 square feet across two stories, featuring three bedrooms, three baths, one half bath, and a study.

    This residence offers captivating east (downtown) and south (Texas Medical Center) views through floor-to-ceiling glass with 24-foot ceilings and a balcony with a private pool.

    The architectural plans for this space also feature a private home theater, study, and game room or flex space. This residence can be purchased separately or combined with #3501 for a full-floor penthouse designed to meet your specifications.

    Two additional penthouses are available on floors 29 and 30, each offering a unique perspective on luxury living like nothing else in the city. Listing prices starting in the $3 million range.

    "These residences epitomize the pinnacle of the development,” says Acho Azuike, COO of developer DC Partners. "The Penthouse Collection, each a masterpiece in design and style, takes inspiration from the grandeur of condo living, infusing every residence with the world's most coveted luxury features. Buyers now seek properties and amenities that rival those found in cities such as New York, Los Angeles, Chicago, and Miami. The Residences at The Allen are setting a new standard for elevated living in Texas."

    The Residences at The Allen will begin delivering units in September 2023 and are currently 80 percent sold, with additional select non-penthouse units available.

    home for salehigh-risespromoted
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    housing affordability news

    This is how much Houston home prices have fallen since 2024

    Amber Heckler
    Jan 16, 2026 | 4:30 pm
    16403 Sheffield Run Drive, Houston home for sale
    Estately.com/
    This home at 16403 Sheffield Run Dr. in Houston's Berkshire Oaks neighborhood is on the market for $309,900.

    A new real estate analysis has revealed housing prices across the Southern United States have seen a major large-scale decline from 2024-2025, with Houston homebuyers experiencing the 11th-steepest "price correction" in the region.

    Houston-area buyers have a better chance of purchasing an affordable home this year after prices cooled 1.5 percent from 2024-2025, the study found.

    Online real estate marketplace Zoocasa compared year-over-year median price changes for single-family homes across 20 cities in the South based on local real estate data. The study also looked at housing affordability in the American West, Midwest, and Northeast.

    In Zoocasa's ranking of the Southern cities where affordability is improving the most, Houston ranked No. 11.

    In 2024, the median price for a single-family home in Houston was nearly $340,000, which has since dropped to $335,000 in 2025. Local sellers may not be happy about cooling prices, but it does make housing more attainable for first-time homebuyers.

    Better housing prices will surely attract even more new residents to the area, especially since Houston was the second-hottest destination for movers in 2025, and its suburbs are still booming in popularity.

    "Affordability is on the rise across Texas, with major cities seeing significant price corrections," the report said. "Most importantly for buyers, the median home price in each of these cities remains more affordable than the national median."

    The national median price of a home in the third quarter of 2025 was $426,800, according to the latest information from the National Association of Realtors (NAR).

    Housing affordability elsewhere in Texas
    Dallas was the No. 2 Southern city where housing is becoming more affordable. Dallas-Fort Worth's housing prices fell 5.71 percent from 2024-2025. The median price of a single-family home in North Texas fell from $397,700 to $375,000 during the one-year span.

    In Beaumont-Port Arthur (a metro area east of Houston), housing prices have fallen 4.62 percent year-over-year, making it the metro with the No. 5 steepest price correction in the South. Median home prices dropped to $217,000 in 2025, or $10,500 lower than the year before, the report found.

    Austin's housing prices fell 2.04 percent during the same time span, landing the Capital City in the No. 9 spot. The median price of a single-family home in Austin fell from $437,925 in 2024 to $429,000 last year.

    Surprisingly, San Antonio ranked near the bottom of the list with housing prices increasing by five percent year-over-year. Single-family homes in the Alamo City had a median price just under $300,000 in 2024, which spiked to $315,000 in 2025.

    Housing market predictions in 2026
    Zoocasa predicts the 2026 U.S. housing market is "poised for a steady revival" since mortgage rates have dipped nearly a full percentage point since this time last year. Current interest rates for a a 30-year mortgage are sitting at 6.16 percent, the study said.

    The NAR report additionally found that pending home sales have grown by 2.6 percent year-over-year from 2024.

    "Homebuyer momentum is building," said NAR Chief Economist Lawrence Yun. "The data shows the strongest performance of the year after accounting for seasonal factors, and the best performance in nearly three years, dating back to February 2023."

    The top 10 Southern cities where housing affordability is improving the most in 2026 are:

    • No. 1 – Naples-Immokalee-Marco Island, Florida
    • No. 2 – Dallas, Texas
    • No. 3 – Durham, North Carolina
    • No. 4 – Ocala, Florida
    • No. 5 – Beaumont-Port Arthur, Texas
    • No. 6 – Cape Coral-Fort Myers, Florida
    • No. 7 – Jacksonville, Florida
    • No. 8 – Atlanta, Georgia
    • No. 9 – Austin, Texas
    • No. 10 – Raleigh, North Carolina
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