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    Royal Rentals

    Most expensive home rental in Texas costs $26,000 a month

    Nicole Raney
    Sep 21, 2015 | 12:43 pm

    Texas is home to some of the hottest real estate markets in the country, which has led to more than a few complaints about high rents. But paying more than $20,000 per month? That's unheard of — unless you reside at one of these high-priced homes.

    RentCafé recently compiled a list of the most expensive homes for rent in the Lone Star State. They can be found in Austin, Houston, and the Dallas-Fort Worth area.

    North Texas boasts both unique — and pricey — digs. Frisco offers a castle-like manor with cozy stone nooks for $15,000 per month. For the same price in Cedar Hill you can rent a one-of-a-kind homestead with gorgeous views on five acres.

    Dallas takes home the prize for the most expensive rental property on the list. A gorgeous 9,000-square-foot manor north of University Parks comes with five bedrooms, a four-car garage, three living areas, a two-story office, and a resort-style swimming pool. This prime piece of real estate will set you back $26,000 per month.

    According to the Dallas Central Appraisal District, the home at 5943 Walnut Hill Ln. belongs to Terry Madsen, and it's worth $2,861,780.

    The four Austin properties represent the diverse local landscape: two rustic Hill Country abodes, one modern estate, and one downtown condo. The monthly rent for these pricey places ranges from $15,000 to $18,000, which only sounds high until you travel to Houston.

    Houston has two of the three most expensive homes on the list. Both homes are situated on the same street in the ritzy River Oaks neighborhood. For $18,550 a month, you can rent a New Orleans-style two-story traditional brick abode. A jump to $20,000 a month gets you a Mediterranean-style manor. Also featured is a sprawling estate in Katy for just $17,000.

    To get a closer look at these pricey rental homes, head on over to RentCafé.

    Rounding out the $15,000 range is 10584 Tobias Ln. in Frisco.

    RENTCafe Most Expensive Rental Homes Texas September 2015 Frisco house 10584 Tobias Lane 75034
    Photo by Point2Homes
    Rounding out the $15,000 range is 10584 Tobias Ln. in Frisco.
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    REAL ESTATE NEWS

    Dallas ranks No. 9 among U.S. cities for canceled home sales in 2025

    Brianna Caleri
    Brandon Watson
    Nov 6, 2025 | 1:39 pm
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    Homebuyers across the United States are ghosting sellers at record rates, and Dallas has some of the worst offenders. Real estate marketplace Redfin tracked which metros saw the most buyers getting cold feet before closing real estate deals: Dallas came in at No. 9.

    Redfin says 17.7 percent of Dallas home purchases were called off in September 2025, an increase from 16.4 percent in September 2024.

    Fort Worth was even worse, landing at No. 4. In September, 18.7 percent of Fort Worth home purchases were called off, up from from 16.6 percent the previous year.

    By comparison, San Antonio ranked No. 2 overall, with the highest pull-out rate in Texas, at 19 percent.

    Tampa, Florida, topped the list with a cancellation rate of 20.1 percent. The national average is 15 percent.

    Redfin says Goldilocks thinking is largely to blame for the rise in buyers "ghosting" sellers. A lack of compromise on concessions and repairs is driving the trend, with buyers refusing to accept imperfect homes.

    Meanwhile, sellers want to avoid losing money on the deal. This is especially true of homeowners who bought during the COVID-19 boom, who are holding their asking price firm to avoid taking a loss. With plenty of homes on the market in "Sun Belt" cities — in some place, more than twice as many sellers than buyers — buyers are weighing all options.

    “I’m seeing a lot of buyer’s remorse,” explained Redfin agent Jo Chavez, in a release. “Buyers make an offer, then they start worrying they could have found a better deal or a better home because there are more home sellers than buyers in the market. Some other buyers are backing out because they’re concerned about job security.”

    The top 10 markets with the most sideways deals include:

    • No. 1 — Tampa, Florida
    • No. 2 – San Antonio, Texas
    • No. 3 — Atlanta, Georgia
    • No. 4 — Orlando, Florida
    • No. 5 — Fort Worth, Texas
    • No. 6 — Riverside, California
    • No. 7 — Fort Lauderdale, Florida
    • No. 8 —Jacksonville, Florida
    • No. 9 — Dallas, Texas
    • No. 10 — Las Vegas, Nevada
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