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Stylish Living

This new Dallas high-rise is unlike any you've seen before

CultureMap Create
Nov 3, 2017 | 12:15 pm

Most apartment homes are cookie-cutter, with less-than-luxe finishes and floorplans that provoke compromise, not contentment. The Katy, a new high-rise development in Victory Park, is not most apartment homes.

For starters, it's being built by a local developer who prioritizes community, not just within the neighborhood but within the homes themselves. Beloved North Texas businesses Local Press + Brew and Richardson Bike Mart will each have an outlet in the building, but it's residents who will reap the most benefits.

Dog-owners will appreciate the trail's closeness too, but on those days when it's tough to squeeze in a long walk, The Katy has an oversized dog park on the seventh floor. The pups get to feel pampered, with sail shades to keep their paws cool and even a vending machine for treats and toys (a portion of the proceeds will go to local animal charities). Owners can lounge under the trellis, which is heated to ensure all-weather comfort.

To help keep everything clean and fresh, a state-of-the-art irrigation system runs often. And next to the park is an easy-to-use dog-washing room, with several stations and an attendant who will even pick up your pup, perform a wash and fluff, and then return Fido to your apartment.

It's extra-special amenities like these that truly set The Katy apart, because it also has the high-end finishes, thoughtfully designed floorplans, and incredible views that renters would not expect. Think waterfall quartz counters and a built-in wine-cooler in the beautiful kitchen, floor-to-ceiling windows (complete with blackout shades), extra-large balconies, WiFi thermostats, and a full-size washer and dryer included in each unit. And several inches of concrete — above, below, and between — separates each home, meaning that you'll have a hard time hearing your neighbors.

If your apartment overlooks the negative-edge swimming pool and two hot tubs, you get an extra bonus: an HDTV so large that you can practically read the Cowboys' score from your balcony, mounted next to the pool.

Other gathering spots include the swanky 9th floor lounge, gym and its two decks, each outfitted with two fire pits, heaters, and jaw-dropping city views. And don't forget the six work lounges, where you can escape to prep a big presentation or meet a deadline.

Be sure to use the 24-hour concierge, who's also available to make restaurant recs and reservations, secure sports tickets, and vet all visitors. The Katy and all its units utilize keyless entry, and there are four townhome-style apartments that come with their own attached two-car garages. In the main garage, electric car charging stations are available and a resident auto care center makes it easy to keep your four wheels clean and fresh. And there's no chance that sports fans or concert-goers from the nearby American Airlines Center will snatch up parking spots, as only residents and their guests get to enter.

The Katy is now open, so don't wait to reserve your new home. Visit the website or call 214-997-0375 for more information.

The Katy is Dallas' newest — and coolest — high-rise.

The Katy apartments Dallas
Rendering courtesy of The Katy
The Katy is Dallas' newest — and coolest — high-rise.
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renter report

This is how dramatically Dallas rent prices have dropped since last year

Amber Heckler
Aug 27, 2026 | 1:45 pm
Apartment building
Photo by Malcolm Shadrach on Unsplash
Rent is falling in Texas as a whole, with Dallas among the top three cities with the biggest declines in August.

A new Zumper rent report has revealed that Texas is leading the nation in annual rent declines since 2025, and Dallas rent prices have fallen as much as 13 percent since last August.

Zumper's monthly report analyzes one- and two-bedroom rent prices from the previous month across 100 U.S. cities, and tracks one-month and year-over-year changes.

Austin, Houston, and Dallas, respectively, locked out the top three cities where one-bedroom rent prices have plummeted more than anywhere else in the country.

A one-bedroom apartment in Dallas had a $1,270 monthly rent price in August, down 13 percent since this time last year. Two-bedroom units were 13.4 percent cheaper than they were a year ago and now sit at $1,810 per month.

The reports findings show a similar pattern across Texas' biggest metros as "elevated multifamily supply" was "absorbed through the boom years." Renters currently have the advantageous opportunity to negotiate lower rent from their landlords, according to Zumper CEO Shawn Mullahy.

"Texas is showing exactly what happens when supply materially outruns demand," Mullahy said. "Austin, Houston and Dallas added enormous amounts of inventory, and renters now have leverage because owners are competing to fill it. That won’t reverse until enough of that supply is absorbed."

Elsewhere in the Dallas-area, rent prices for a one-bedroom unit in Plano have dipped 7.1 percent since last year to $1,310. Single-bedroom units in Irving are renting for $1,210 a month, or 4.7 percent lower than they were the year before.

Across town in Fort Worth and Arlington, one-bedroom units had a monthly asking price of $1,160 and $1,080 in August. Arlington's one-bedroom rent price is unchanged from 2025, and Fort Worth's is down 3.3 percent.

This is how much it cost for a two-bedroom unit across DFW in August, compared to the previous year:

  • Plano: $1,920 per month, down 3.5 percent
  • Irving: $1,620 per month, down 4.7 percent
  • Fort Worth: $1,530 per month, down 5.5 percent
  • Arlington: $1,460 per month, down 2.8 percent

Rent prices across Texas
Austin tops the U.S. with the steepest decline in both one- and two-bedroom rent prices in August. A one-bedroom unit in Texas' capital city had a $1,260 monthly price, down 16.6 percent from August 2025. Rent for a two-bedroom unit declined even further, by 19.1 percent, to $1,610 per month.

One-bedroom apartments in Houston weren't far behind. Rent for a single-bedroom unit dipped 14.6 percent year-over-year to $1,050, and the price for a two-bedroom unit fell 5.4 percent to $1,400.

In San Antonio, single-bedroom rent prices fell 8.6 percent to $960 per month, and two-bedroom rent declined by 4.5 percent to $1,260.

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