Latest real estate projects in Texas

Are you interested in investing in the Texas real estate market? Find out about the latest residential and mixed-use real estate projects in these popular Texas cities: Houston, San Antonio, Dallas, Austin, Fort Worth, Arlington, and Corpus Christi.

Texas real estate

Texas is known for being big. It’s the second largest state, behind only Alaska, and the second most populous state. Texas is home to some of the nation’s fastest-growing cities and luckily there’s plenty of space for new residential and mixed-use developments to accommodate everyone. The thriving economy and job market are a huge draw for those looking to move to Texas, with many Fortune 500 companies, tech companies, the NASA Space Center, and a large oil industry. In addition to its abundant land, growth, and stable economy, Texas has no state income tax. All these factors make it a desirable location for property buyers, those that are looking to move or simply invest in real estate. We’ll look at cities within these areas that are popular among real estate investors, including Houston, San Antonio, Dallas, Austin, Fort Worth, Arlington, and Corpus Christi. 

We’ll cover some of the largest and latest real estate projects in each of these cities, helping you to discover upcoming real estate investment opportunities across Texas. For each project, the developer, project type, size information, number of bedrooms, project status, and google review (as available) are included. The cities are covered in order from largest to smallest population. 

Houston

Houston is the largest city in Texas located in the southeast of the state, and is the fourth largest metro area in the U.S. with a population of over 2 million people. It has a bustling sports fanbase, with several professional major league sports teams including soccer, basketball, baseball, and football. The Port of Houston facilitates a tremendous amount of international trade and is one of the top ports, in terms of tonnage, in all of the U.S. Houston is home to many Fortune 500 companies and has a large oil industry, both of which support a diverse economy. Despite it being a large metro area, there is still plenty of land for new developments and the cost of real estate remains very low when compared with other major cities. Some popular residential areas include Downtown Houston, Midtown, Memorial, Houston Heights, and Montrose. 

Here are some real estate market trends that may be of use if you are thinking of investing: 

• 48.2% of the Houston population are renters

• Only 5.1% of houses and apartments are available to rent 

• The median cost of a US home is $220,000

• Home appreciation in the last year is up by 12.5%

• The median age of real estate is 41 years old

The Downtown Houston development map was referenced to find the projects listed below.

San Antonio

San Antonio is in south central Texas and is the 2nd largest city. It’s known for its Hispanic influence, delicious Tex-Mex food, and diverse population. Joint Base San Antonio is one of the largest military bases in the nation, which results in a steady demand of buyers and renters. Job growth is expected to continue as a result of a strong business community and financial sector in the city. Some popular residential areas include Downtown, Terrell Hills, Alamo Heights, Northeast Inner Loop, Hollywood Park, Shavano Park, Stone Oak, Converse, and Fair Oaks Ranch. 

Here are some real estate market trends that may be of use if you are thinking of investing: 

• 40.9% of the San Antonio population are renters

• Only 3.6% of houses and apartments are available to rent

• The median cost of a US home is $220,300

• Home appreciation in the last year is up by 15.6%

• The median age of real estate is 37 years old

The San Antonio Heron’s development page was referenced to find the projects listed below. A few of the projects are in the surrounding areas of San Antonio since a decent portion of real estate growth is taking place in suburban areas.

Dallas

Dallas is the 3rd largest city, located in northern Texas. It’s one of the fastest-growing cities with a high job growth rate as it’s a center for corporate America and also an attractive location for startups. Thanks to a stable economy and high median income, the city has a lot of developments focused on the arts, parks, sports, and retail. The Dallas Cowboys are a very popular football team known for their multiple super bowl championships, bolstering tourism in the city and surrounding metro area. There are a significant number of urban renewal projects in progress. Some popular residential areas include Preston Hollow, Lake Highlands, Lakewood, White Rock, University Park, and Uptown. 

Here are some real estate market trends that may be of use if you are thinking of investing: 

• 50.7% of the Dallas population are renters

• Only 4.7% of houses and apartments are available to rent 

• The median cost of a US home is $259,800

• Home appreciation in the last year is up by 14.4%

• The median age of real estate is 42 years old

The downtown Dallas development page was referenced to find the projects listed below.

Austin

Austin is northeast of San Antonio and is the 4th largest city and the capital of Texas. It’s known as the Live Music Capital of the World with a dynamic country, blues, and rock music scene. The University of Texas is located just north of downtown Austin and creates a bustling student atmosphere. There’s also a low unemployment rate and a growing tech community that help create high demand and lucrative opportunities for long-term real estate investments. The Austin area still has room to expand, and investor demand remains high. While it has the highest cost of living in Texas, it’s still relatively low when compared to other major cities in the U.S. Some popular residential areas include Allandale, Barton Hills, Buda, Cedar Park, Cherrywood, Downtown, Dripping Springs, and East Austin. 

Here are some real estate market trends that may be of use if you are thinking of investing: 

• 50.8% of the Austin population are renters

• Only 3.6% of houses and apartments are available to rent 

• The median cost of a US home is $551,200

• Home appreciation in the last year is up by 35.7%

• The median age of real estate is 31 years old

The government of Austin’s emerging projects page was referenced to find the projects listed below.

Fort Worth

Fort Worth is the 5th largest city in Texas and is part of the Dallas-Fort Worth Metroplex, an area with a high population density and close economic ties. Because of its proximity, Fort Worth shares many of the advantages of Dallas such as a high growth rate and job rate. The city has many family-friendly attractions, from museums to botanical gardens and a zoo. It also has a history in the cattle ranching industry and the Fort Worth Stockyard continues to be a popular tourist draw with rodeos and other western-themed attractions. Some popular residential areas include Arlington Heights, Fairmount, Rivercrest, Westover Hills, Westcliff, Benbrook, and Tanglewood. 

Here are some real estate market trends that may be of use if you are thinking of investing: 

• 38.2% of the Fort Worth population are renters

• Only 4.5% of houses and apartments are available to rent 

• The median cost of a US home is $252,300

• Home appreciation in the last year is up by 18.4%

• The median age of real estate is 32 years old

The downtown Fort Worth residential projects page was referenced to find the projects listed below.

Arlington

Arlington is also part of the Dallas-Fort Worth Metroplex and is the 7th largest city in Texas nestled right in between these two big cities. It’s a great city if you love sports and other recreational activities, as it boasts many parks, trails, golf courses, and two big stadiums: the AT&T Stadium for football and Globe Life Field for baseball. Arlington has a dense suburban feel and residents have the benefit of being close to two large and diverse downtown areas. Some popular residential areas include Viridian, Downtown, East Arlington, Pantego, Southeast Arlington, Dalworthington Gardens, Southland Acres, Watsonville, and Sublett. 

Here are some real estate market trends that may be of use if you are thinking of investing:

• 39.4% of the Arlington population are renters

• Only 4.3% of houses and apartments are available to rent 

• The median cost of a US home is $259,800 

• Home appreciation in the last year is up by 18.2%

• The median age of real estate is 35 years old

The downtown Arlington emerging projects page was referenced to find the projects listed below.

Corpus Christi

Corpus Christi is the 8th largest city in southeastern Texas right on an inlet of the Gulf of Mexico. It’s the second largest coastal city, after Houston, and has great beaches with attractions for water recreation and wildlife lovers. Corpus Christi has a large Hispanic population and boasts great seafood and authentic Mexican cuisine. Often overlooked in favor of bigger cities, the city has great deals on larger seaside properties and a lower cost of living. Some popular residential areas include Calallen, Downtown, Central City, Bay Area, South Side, and Padre Island. 

Here are some real estate market trends that may be of use if you are thinking of investing:

• 38.8% of the Corpus Christi population are renters

• Only 3.1% of houses and apartments are available to rent 

• The median cost of a US home is $188,500 

• Home appreciation in the last year is up by 10.5%

• The median age of real estate is 41 years old

The city of Corpus Christi North Beach development project page was referenced to find the projects listed below.

Next steps towards property ownership 

You should now be much more confident exploring properties and investment opportunities in Texas. We’ve looked at some of the largest upcoming residential and mixed-use real estate projects and you have a better idea of some major developers in Houston, San Antonio, Dallas, Austin, Fort Worth, Arlington, and Corpus Christi. From the project tables for each city, you can begin to get a picture of the project types and sizes, completion dates, and initial customer reviews for those buildings (or phases) that are completed. You can also check out the top real estate developers in the US to get more information about other developers in Texas and discover even more upcoming projects!

By exploring these projects, you’ve probably identified what you would like to prioritize in your real estate investment, whether it be location, price, or anticipated growth. As the majority of these projects are not yet completed, you still have the chance to explore investment and mortgage options for many of these properties. A mortgage calculator can help you determine how much you’ll need to borrow and pay every month. You can also use a debt service coverage ratio (DSCR) calculator to estimate your future property’s rental profit. However, you may still be searching for your dream investment property or just want some advice from a professional. Our advisers can guide you from your first property search all the way to mortgage payments. We can find you specialized mortgages even if you’re a foreigner and you don’t have a credit score. Go to our website to register today and let us help you find the best financing option for your investment property. 

Photo Credits: 

• Photo by Mitchell Kmetz | Unsplash