Austin may have lost its pole position as the nation’s hottest housing market at the start of the year, but it still reigns as the priciest market in Texas.
Half of the 10 most expensive Texas homes for sale in August are in the capital city, including four of the top five, according to data compiled by the Houston Association of Realtors.
Austin is on track to surpass Houston as a luxury home market this year and maybe even take the top spot from Dallas-Fort Worth.
The top 10 active luxury listings on the market in Texas in August range in price from $18 million to $8.5 million. Five are within Austin city limits — Dallas and Houston proper had two and one, respectively. Here’s a closer look at the top five overall.
1. 805 Congress Avenue, Austin | $18 million
Listing Agent: Eric Paul, All City Real Estate
805 Congress Avenue (Google Maps)
Built in 1872, this home is located two blocks from the Texas state capitol building and has the potential to become the ultimate lobbyist crash pad. The building was first a general store, and in the early 1900s, it became J.R. Reed music, the city’s first Steinway piano dealer. It was restored and remodeled in 2000 with the addition of two floors. The four-story, 14,000-square-foot building includes two bedrooms, a home theater, kitchen, dining and a living room on the third floor. The fourth floor is an owner’s suite with a bedroom, living room, Hollywood bath, gym and outside areas in the front and rear. The front balcony has a fireplace, kitchenette, and views of Congress Avenue. and the Texas state capitol building. The first floor has 4,000 square feet of unfinished space with street frontage and is being marketed as a possible commercial retail storefront or more living space.
2. 14701 Hornsby Hill Road, Austin | $15 million
ListingAgent: Peyton Smith, First Austin Properties
14701 Hornsby Hill Road (Zillow)
The asking price for this 8.5-acre French Colonial-style waterfront estate in Austin’s Beby’s Ranch neighborhood was recently reduced by $1.17 million, which may be a sign the top end of the Austin market is cooling down. The 7,450-square foot home comes with six bedrooms, six full baths, and two half baths. It sits on a six-acre hill overlooking the Colorado River. The gated property also includes a 2.4-acre waterfront lot with a new two-story boat dock, two jet ski slips and an enclosed lounge area, a lower-level lounge area, and an upper-level tanning deck.
3. 13322 Shore Vista Drive, Austin | $11.9 million
Listing Agent: Kay DaSilva, Avalar Austin
13322 Shore Vista Drive (Zillow)
Villa Caslano sits on the shores of Lake Austin across from the Balcones Nature Preserve. The 7,000-square-foot, single-story home sits on a 3-acre lot and has five bedrooms, seven full bathrooms, and two half baths. It also has an office with a private study, a home theater, a temperature-controlled wine room that holds more than 200 bottles of wine, a “great room” with 30-foot vaulted ceilings, and a dining room with a stoned barrel ceiling. Outside, there’s an infinity pool, pool house, full-size lighted tennis court, two-story boat dock and two boat slips.
4. 3704 Stratford Avenue, Highland Park | $11.5 million
Listing Agent: Jonathan Rosen, Compass
3704 Stratford Avenue (Realtor)
The Dallas enclave of Highland Park has no shortage of exclusive, pricey old and new homes and this newly constructed five-bedroom home adds to the coveted neighborhood’s roster. This 8,330-square-foot, five-bedroom home comes with five full bathrooms and three half baths, sits on close to half an acre and includes an open kitchen, living room, den, and wine room overlooking a backyard and pool.
5. 1209 N Weston Lane, Austin | $9.9 million
Listing Agent: Eric Moreland, Moreland Properties
1209 North Weston Lane (Eric Moreland-Group)
This five-bedroom Westlake Hills home sits on one acre near the shores of the Colorado River. The 8,360-square-foot house has six full bathrooms and two half baths. Other amenities include a media room, upstairs billiards room, a pool with a sunken outdoor kitchen and an outdoor party deck.