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Hey there, Texas dreamers! 🌟

Rick Ross’ Sherwood Forest mansion was relisted with a $500,000 price cut, landing at $10.5M and still sitting among the priciest homes in the state. Celebrity listings are supposed to be bulletproof, but even at this level, pricing has to match the moment.

Today’s issue uses that one headline as the thread: what “luxury” looks like in Texas right now, where the seven-figure market is heating up, and why land is still the ultimate long-term flex.

Let’s get into it.

📰 Upcoming in this issue

• Inside Texas’ Flashiest Price Cut: Rick Ross’ Houston Mansion Relisted 🏡 

• Texas Real Estate's Million-Dollar Boom 💸

• Texas Just Invested $1 Billion in Nature — Here’s What That Buys 🌲

• Big Money, Bigger Pastures: One of North Texas’ Priciest Ranches Just Sold 🐎

• A Montrose Mansion That Once Defined Houston’s Social Scene Is Up for Grabs 🤠

📈 Trending news

• Texas Could Overtake California by 2045

• San Antonio Luxury Hits $1.1B

• A 4-Bedroom Tiny Home for Under $10K?

• Austin’s Next Phase: More Moves, More New Builds

• The Texas Barndominium Deal List

Inside Texas’ Flashiest Price Cut: Rick Ross’ Houston Mansion Relisted 🏡 read the full 544-word article here

Article published: January 8, 2026

I just dove into “Exclusive: Houston mansion owned by rapper Rick Ross relisted with $500,000 price cut” from Homes.com, and it’s a striking snapshot of Texas luxury real estate in motion.

Tucked inside Houston’s elite Sherwood Forest neighborhood, this 1.42-acre estate is one of the top 10 most expensive listings in Texas for December — now going for $10.5 million after a recent half-million-dollar price drop.

The home has deep Texas ties: built in 2006, it was originally purchased by former Houston Texans star Mario Williams, then scooped up by Rick Ross in 2022 for $7.99 million.

It screams Lone Star luxury — from a nine-car garage to a Shelby Mustang-themed theater, all wrapped in Mediterranean style.

Texas-size amenities and celebrity cachet make it a standout in a state where million-dollar listings are surging fast.

Key Takeaways:

• 🤠 Texas pedigree runs deep: Built for ex-Texan NFL player Mario Williams, now tied to rapper Rick Ross and listed in Houston’s Memorial area.

• 💸 $500K price cut makes waves: Mansion relisted for $10.5M, still among the most expensive homes for sale statewide last month.

• 🎥 Flashy even for Texas: Theater, wine cellar, elevator, nine-car garage — built for a baller lifestyle, Texas-style.

• 🏊‍♀️ Backyard looks like a resort: Waterfalls, grotto, waterslide, swim-up bar, sunken outdoor kitchen — made for legendary pool parties.

Texas Real Estate's Million-Dollar Boom 💸 read the full 476-word article here

Article published: January 13, 2026

I just finished reading “Texas hits record number of $1M+ home sales. Which city sold the most?” from MYSA, and let me tell you — the Texas housing market is flexing hard right now.

A record 14,400 homes sold for $1 million or more between November 2024 and October 2025.

That’s a 12% increase from the previous year, totaling a staggering $24.5 billion in sales.

But it’s not just the number of sales — the market for seven-digit listings swelled too, with over 4,000 more luxury homes listed than in 2024.

While these high-end homes only made up 4.3% of all Texas sales, they raked in 17% of total residential sales value.

And in the millionaire showdown? Dallas-Fort Worth took the crown, beating out Houston and Austin.

Key Takeaways:

• 🏡 Dallas-Fort Worth led with 38% of $1M+ home sales — that’s 5,485 homes, nearly double Austin’s total.

• 📈 $1M+ homes jumped 12% year-over-year, totaling $24.5 billion in residential real estate sales across Texas.

• 📊 Listings surged by 16%, hitting 32,793 luxury homes on the market in 2025 compared to 28,325 in 2024.

• 💼 High-end homes = high returns: Just 4.3% of homes sold made up 17% of the total residential market value in Texas.

Texas Just Invested $1 Billion in Nature — Here’s What That Buys 🌲 read the full 577-word article here

Article published: January 14, 2026

I just read “Texas state parks expand with $1 billion fund” from Spectrum News 1, and it’s clear: Texas isn’t just building cities — it’s building space to breathe.

Thanks to the voter-approved Centennial Parks Conservation Fund, a $1 billion endowment, state parks across Texas are getting their biggest growth boost in decades.

So far, the interest alone is funding major expansions at Enchanted Rock, Bear Creek (Uvalde County), and Post Oak Ridge (Lampasas) — adding thousands of acres of untouched Texas wilderness.

At Enchanted Rock alone, 3,700+ acres have been preserved, with hiking trails, stargazing spots, and public-use plans already underway.

Park officials say full access is coming in phases — some as soon as 18 months, with more by 2029.

In a fast-developing state, it’s a rare and refreshing investment in nature over noise.

Key Takeaways:

• 💰 $1B endowment powers growth: Voter-approved in 2023, it’s already funding park expansions without touching the principal amount.

• 🌄 Enchanted Rock adds 3,700 acres: Major land addition protects views, adds trails, and opens to the public in stages by 2029.

• 🏕️ New parks rising statewide: Bear Creek and Post Oak Ridge are part of a multi-region push to expand green space for Texans.

• 🗣️ Public gets a say: Texans can attend planning meetings this month to help shape how these new lands are developed.

Big Money, Bigger Pastures: One of North Texas’ Priciest Ranches Just Sold 🐎 read the full 678-word article here

Article published: January 14, 2026

I just finished “One of North Texas’ most valuable ranches has a new owner” from The Dallas Morning News, and it reads like a modern Texas fairytale — one written in oil money, horse pedigrees, and saltwater equine spas.

The TR9 Ranches, over 860 acres of prime Weatherford land, was recently sold to Jason and Kisha Itkin, owners of Theorem Ranch in Montana and Theorem Vineyards in Napa.

Originally listed for $45 million, the final price remains private, but the property includes luxury homes, indoor arenas, and even a mare motel — all within shouting distance of Dallas-Fort Worth.

The couple plans to turn it into a national hub for Western performance sports, hosting top-tier trainers, horses, and likely a few celebrities (again).

In Texas, the land is still king — and this ranch proves it can wear a crown.

Key Takeaways:

• 🐴 Elite equestrian playground: The ranch features saltwater horse spas, insulated arenas, and full foaling and breeding operations.

• 💼 New owners, big vision: The Itkins aim to expand Western sports — and have the capital (and celebrity pull) to do it.

• 🌟 Celebrity appeal: The ranch has hosted Bella Hadid, Mo Brings Plenty, and is a known hotspot for the equestrian elite.

• 📍 Prime North Texas location: Just 18 miles from Weatherford, the ranch sits in a booming luxury corridor near D-FW.

A Montrose Mansion That Once Defined Houston’s Social Scene Is Up for Grabs 🤠 read the full 809-word article here

Article published: January 10, 2026

I just read “Glamorous Montrose estate owned by Houston's 'Prince of Parties' for sale” from Chron, and it’s a full-blown Texas time capsule — wrapped in history, high society, and hardwood floors.

The 115-year-old estate at 200 Westmoreland Street once belonged to Jackson Hicks, the Houston catering icon who served everyone from foreign royalty to the Bush family.

Now listed at $2.25 million, the Greek Revival home in the Westmoreland Historic District reflects the refined Southern charm that Houston’s old guard was built on.

Inside, it boasts original millwork, four fireplaces, marble kitchen finishes, and a ballroom-worthy grand entry.

And outside? A heated pool, guest quarters, and enough elegance to make any modern Texan feel like a legacy.

It’s not just a home — it’s a piece of Houston’s social DNA.

Key Takeaways:

• 🇨🇱 True Texas pedigree: Westmoreland has housed oil titans, governors, and even Lyndon B. Johnson in his early teaching days.

• 🍽️ Hicks made it legendary: His Montrose mansion hosted Texas’ most elite — including First Lady Barbara Bush.

• 🏡 Built in 1910, updated for today: Marble counters, chef’s kitchen, Wolf range — all while preserving its historic soul.

• 🎭 Entertainer’s dream: Heated pool, carriage house, pool house, and room to throw parties Houston won’t forget.

Presented by 1796 Ranches: 20–30 acres near San Antonio, plus up to $3,500 off closing costs 🏞️

If you’ve been waiting for a “buy now, build later” setup that still feels like real Texas land, this is worth a look. 1796 Ranches is in its Final Phase, with 20 to 30 acre tracts from the $200’s, and they’re offering up to $3,500 in closing costs for a limited time. The property highlights are the kind buyers ask for first: paved and private roads, electric, and high-speed fiber optic internet, plus low taxes through ag valuation. Location-wise, it’s positioned between San Antonio and Utopia, with access to the River Region, Garner State Park, and Frio River tubing nearby. Add trophy wildlife, towering oaks, and open meadows ideal for horses, and it checks a lot of boxes. If it even might be a fit, it’s worth a closer look.

Call/text (877) 526-3599 to ask about 20–30 acre tracts (from the $200’s) and the up to $3,500 closing cost savings (limited time).

Why It Matters

Texas is still growing fast, but buyers are getting sharper about what they will pay for and what they will walk away from.

A high-profile price cut is not gossip. It is a reminder that even trophy properties have to compete, and the story around a listing needs to be tight. At the same time, million-dollar sales are becoming a bigger slice of the market, which shifts comps, expectations, and what “normal” looks like in major metros. Then you have the land side of the equation, where parks, ranches, and acreage continue to signal that the most durable value in Texas is still space, privacy, and lifestyle.

In short, this is the market telling you what it rewards now: clear pricing, clear positioning, and assets that hold up when the hype fades.

Hannah Collinsworth
Editor-in-Chief
Houston, Texas
Texas Property Round Up

PS: They’re calling this the Final Phase, and 20–30 acre tracts don’t sit long when they’re this close to San Antonio, especially with paved/private roads, electric, and fiber internet spelled out. Even if you’re in “maybe” mode, it’s worth checking what’s still available and what the current lot options look like. Click here to learn more and request availability.