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    HAUTE PROPERTIES

    Majestic $6 million estate in Texas Hill Country goes up for auction

    John Egan
    Feb 11, 2026 | 12:49 pm

    A sprawling, 13-acre waterfront estate about two hours south of Dallas is hitting the auction block. Bidding on the Oxbow Overlook estate, just outside the Central Texas town of Belton, is scheduled to start February 13 on the Sotheby’s Concierge Auctions website.

    The sale process will conclude February 28 when the estate is featured at ModaMiami, a luxury event hosted by South Florida’s Biltmore Miami-Coral Gables.

    The property, at 8536 Armstrong Rd., is co-listed at $5.95 million by Debbie Stevenson of Kuper Sotheby’s International Realty. Bidding will start at $2 million to $2.5 million.

    “This incomparable offering perfectly captures the essence of refined Hill Country living,” Stevenson says. “From its serene creekside setting and acres of privacy to its remarkable architectural details, Oxbow Overlook delivers a level of craftsmanship and lifestyle that is rarely available.”

    Built in 2001 of native limestone and stone, the French Provincial-inspired main house boasts a 24-foot entry wall made of iron and glass, and a grand foyer crowned by a 31-foot copper dome ceiling. The ceiling hovers above an oak staircase with copper accents.

    Oxbow Overlook estate Everyone who enters from the front door will be looking up.Photo courtesy of JPM Real Estate Photography

    Other highlights of Oxbow Overlook’s nearly 7,000-square-foot main house include:

    • Six bedrooms
    • Five full bathrooms and two half-bathrooms
    • Seven fireplaces
    • Three laundry rooms
    • Wet bar
    • Eat-in kitchen
    • Elevator access to second story
    • Home office
    • Game room
    • Exercise pool with swim jets and spa
    • Outdoor kitchen
    • Covered and open patios
    • Coffered and beamed ceilings
    • Crown molding
    • Indoor and outdoor fireplaces
    • Generac backup generator

    Oxbow Overlook estate Natural elements break up all the white.Photo courtesy of JPM Real Estate Photography

    The property includes a separate 3,118-square-foot carriage house.

    Oxbow Overlook is close to Belton Lake, Stillhouse Hollow Lake, Salado, and Temple.

    “Designed to embrace its natural surroundings, creekside walls, and outdoor living spaces conform to the bluff’s natural curve, offering spectacular views across the property and showcasing thoughtful conveniences at every turn,” Sotheby’s Concierge Auctions says.

    Oxbow Overlook estate
    Photo courtesy of JPM Real Estate Photography\u200b
    The house sits on top of a drop-off.
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    rent report

    Here's how much rent prices have dropped in Dallas-Fort Worth since 2025

    Amber Heckler
    Jun 2, 2026 | 4:45 pm
    Dallas skyscrapers
    Photo by TOM on Unsplash
    Rent prices are on the decline in most DFW cities.

    Rent prices are falling statewide, and prices in certain Dallas-Fort Worth cities have declined by nearly 8 percent since last year, according to a new national rent report from Zumper.

    The Zumper National Rent Report tracked year-over-year and month-over-month rent price changes in 100 U.S. cities for both one- and two-bedroom units using the most recent data available from May 2026.

    Plano had the fourth-steepest rent decrease in Texas, with prices for one-bedroom units dipping 7.5 percent year-over-year to $1,360. Two-bedroom rent has dropped 5.5. percent from last year to $1,900.

    In Dallas, one-bedroom rent prices fell 5.6 percent to $1,350, and two-bedroom rent is down 6.4 percent since last year to $1,900.

    Arlington was the only major Texas city where rent prices increased from May 2025 to May 2026. One-bedroom rent increased nearly 3 percent to $1,090, and two-bedroom rent increased 2.1 percent to $1,480.

    The cost for a single-bedroom apartment in Irving is $1,280, or the same price as it was a year ago, the report found. Two-bedroom units are 3 percent cheaper than they were last year, at $1,610.

    In Fort Worth, respective rent costs for one- and two-bedroom units come out to $1,240 and $1,560.

    Rent prices elsewhere in Texas
    San Antonio saw the steepest drop in rent prices statewide, with one-bedroom rents falling by 10.4 percent to $950. Two-bedroom units have declined 6 percent year-over-year to $1,250.

    These are the rent prices for other Texas cities in May 2026:

    • Austin: $1,420 for one-bedroom units; $1,860 for two-bedroom units
    • El Paso: $810 for one bedroom; $1,130 for two bedrooms
    • Houston: $1,130 for one bedroom; $1,430 for two bedroom

    The report also revealed that four of the 10 U.S. metros offering the most concessions are located in Texas. Austin leads nationally with more than a third of rental units "dangling incentives to fill space," followed by San Antonio, Houston, then Dallas. A separate rent report from real estate data firm CoStar found Dallas-Fort Worth had the fifth highest apartment vacancy rate in the U.S. in March, meaning residents may be able to save on their rent depending on the financial incentives offered by landlords.

    Additionally, these same markets offering generous rent concessions are also among the 10 U.S. metros with the largest population growth, which Zumper says signals ongoing tension between tenants and their landlords regarding prices.

    "So while Texas absorbed a significant share of the 2023-2025 supply wave, inventory still has to lease up before landlords regain pricing power, and the steady inflow of new residents says the demand is there," the report said. "It’s just a question of when supply stops outrunning it."

    From 2023 to 2024, Texas gained nearly 73,000 net new renters, making it the No. 1 magnet for renters nationwide.

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