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    Love this listing

    Texas palace graces market at $60 million as state's most expensive listing

    John Egan
    Jun 2, 2022 | 11:45 am
    The ornate chandelier.
    The ornate chandelier.
    Image courtesy of Icon Global

    A Texas estate fit for a queen or a billionaire is being marketed for $60 million, making it the most expensive residential real estate listing in the state.

    The main house of the chateau-inspired Lodge in Hunters Creek, adjacent to the Buffalo Bayou and Houston Country Club, encompasses a whopping 22,000 square feet. The nine-acre estate is in Houston’s wealthiest ZIP code.

    The listing went on the market last year, but without an asking price. Recently, Dallas-based Icon Global revealed the $60 million list price.

    “Our client has recently instructed that the estate be sold on the open market with the list price now that we are well through the pandemic,” says Bernard Uechtritz, owner and founder of Icon Global. “The estate’s size, price, and amenities put this property in the front row of first-class properties offered nationwide and is among the very best available in the country. It is certainly the crown jewel of the Texas marketplace.”

    Formerly known as the Romanov Estate, the property includes a 3,500-square-foot guest home and additional staff quarters. Among the highlights are a wrought-iron elevator, chandeliers, carved mahogany staircases, and space for as many as seven cars.

    Completed in 2005 after six years of construction, the tree-shrouded estate — built of steel, concrete, and Indiana limestone — is designed in the Richardsonian Romanesque style. It features aspects inspired by the Biltmore Estate in Asheville, North Carolina, and the Hearst Castle in San Simeon, California.

    The interior includes architectural elements chosen by the current owner and shipped from Belgium, England, France, and Italy.

    “As an architect doing work for over 35 years across the United States and in several other countries around the world, I will tell you that the [estate] … is one of the most extraordinary houses anyone may ever see,” architect Ken Newberry, who was hired to design the estate, says in an Icon Global news release.

    In 2016, the estate hosted the Bayou Preservation Association’s 50th anniversary soiree.

    Icon Global shared few details about the estate, including its address. The cul-de-sac property, being marketed to ultra-high-net-worth individuals, sits behind security gates and is equipped with other security measures.

    “Given the likely profile, privacy, and security requirements of a prospective new owner, we are only providing detailed interior and other amenity specs to vetted, approved, and invited prospects or brokers on a case-by-case basis,” Uechtritz says.

    Anyone who tours the property must first sign a confidentiality agreement.

    Uechtritz calls the estate “one of the most expensively built, tasteful, and well-designed compounds ever built in Texas or nationally for that matter … .”

    Palace living in Houston's top ZIP code.

    Lodge in Hunters Creek Houston
    Image courtesy of Icon Global
    Palace living in Houston's top ZIP code.
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    Tax Hike

    Texans saddled with 7th highest property taxes in nation for 2026

    Amber Heckler
    Feb 17, 2026 | 9:01 am
    house in neighborhood
    Photo by Ronnie George on Unsplash
    The Texas property tax burden keeps going up.

    Property taxes can be a particularly sore subject for homeowners, and a new study has revealed Texans are saddled with the seventh-highest property taxes in the nation.

    WalletHub's annual report, "Property Taxes by State," released February 17, found Texas homeowners will pay a median $4,232 in property taxes in 2026. That's based on the state's median home value of $283,800.

    Last year, Texans were on the hook for a $4,111 property tax bill based on a median home value of $260,400. And Texas residents are expected to pay $360 more on their property taxes this year than in 2024, when the figure was $3,872.

    To determine which states have the biggest and lowest property tax burdens on residents, WalletHub's experts divided each state's median real estate tax payment by its respective median home price. The report then used the resulting rates to extrapolate the annual real estate tax that would be paid on a house valued at $332,700, which was the median value for a U.S. home as of 2024 (the year where the latest data was available). All 50 states and the District of Columbia were analyzed.

    Texas tied with Nebraska as No. 44 in the national ranking of states with the highest property tax burdens for residents right now. Both states have an effective tax rate of 1.49 percent, the data said.

    Still, the property tax burden in Texas isn't as punishing as New Jersey (No. 51), whose residents are shelling out almost $9,600 on their property taxes this year based on a median home value of $454,400. On the opposite end, Hawaii is the state with the lowest property taxes, with residents spending about $2,239 based on a median home value of $839,100.

    The annual property taxes Texans would pay on a $332,700 home (the 2024 U.S. median home value) added up to $4,961, the report said. For added context, the U.S. Census Bureau found the average American household pays $3,119 annually on property taxes.

    Of course, property taxes vary by region, and residents living in Dallas County are familiar with enduring tax hikes. Dallas renters are also affected by rising property taxes despite not owning their homes, WalletHub said.

    "While property taxes may seem irrelevant to the 35 percent of households that rent, that assumption misses the mark," the report said. "Whether paid directly or indirectly, nearly everyone bears the cost of property taxes, as they influence rental prices and help fund state and local governments."

    According to Walltethub, the top 10 states with the lowest property taxes for 2026 are:

    • No. 1 – Hawaii
    • No. 2 – Alabama
    • No. 3 – Nevada
    • No. 4 – Arizona, Colorado, and South Carolina (tied)
    • No. 7 – Idaho
    • No. 8 – Delaware and Tennessee (tied)
    • No. 10 – Utah
    real estateproperty taxestexaswallethubreports
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