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Texas is a top state for luxury tiny homes, says Architectural Digest

Texas luxury tiny homes, tiny homes for sale

This little lake house near Lake Buchanan is on the market for $435,000.

A new report by Architectural Digest magazine has revealed a small but mighty trend rising in Texas: luxury tiny homes.

The report, titled "Which States Have the Most Luxury Tiny Homes?" ranks Texas in the top three states that currently have the most luxury tiny homes for sale. California comes in at No. 1, while Texas has the second-highest number of luxury tiny homes on the market. Oregon is No. 3.

For the purpose of the study, a luxury tiny home is defined as a "freestanding home with a for-sale price of $75,000 or more" that was listed on Tiny Home Builders and Tiny House Listings.

The report found 81 houses specifically labeled as "luxury" tiny homes for sale in Texas in late January 2024, along with 252 non-luxury tiny home listings.

California had the highest number of luxury and non-luxury tiny homes, at 135 and 318, respectively.

Big return on investment
To get a better look at what the typical Texas tiny home looks like, AD concluded the average tiny home for sale in Texas spans 358.7 square feet with fewer than two (1.3) bedrooms, and one bathroom.

With or without the appealing luxury tagline, tiny homes can be financially advantageous real estate option for many Texans, AD says. Texas' return on investment for a tiny home ranked No. 15 out of all 50 states, putting it on a much better track than North Dakota, which had the worst return on investment for tiny homes.

"When buying one of these small homes, consider whether it’s a worthwhile investment," the report said. "If the typical rental income is far higher than the average cost of the state’s tiny homes, they’re considered good investments."

New York has the highest return on investment in the U.S., with a rent/price ratio of 0.0046, compared to 0.003 in Texas. Meanwhile, North Dakota has the worst return on investment for tiny homes, at 0.0015, closely followed by Montana and South Dakota.

"This suggests that while tiny homes can be an affordable entry point into homeownership, their investment potential varies significantly by location," the report said. "The ROI disparity between states also highlights the importance of considering geographical and market factors when evaluating tiny home investment opportunities."

The most expensive Texas luxury tiny home
Just because tiny houses are small doesn't mean they can't get expensive.

AD found the most expensive tiny home listing in Texas as of January 2024 is a 399-square-foot, one-bedroom, two-bathroom home for $435,000. The home is located just minutes from Lake Buchanan in the Hill Country. It currently serves as an Airbnb, but it can be turned into a single-family home with ease.

The home also has a fenced and covered back patio with outdoor furniture and an inflatable above-ground pool.

Luxury tiny home in Texas, tiny homes for sale This tiny home has less than 400 square feet.tinyhomebuilders.com/

The Texas house is the third most expensive tiny home in the U.S., behind tiny homes in South Carolina and Oregon listed for $827,000 and $695,000, respectively.

"Despite their compact sizes, each of these homes offers a unique blend of luxury, efficiency, and innovation," the report said.

The full report can be found on architecturaldigest.com.

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Elite address

One Texas community makes list of the richest small towns in America

Photo courtesy of Compass

Bunker Hill Village is a coveted address in the Houston area.

An upscale community in Texas is among the top 10 richest towns in America, according to a new 2024 report. The community is Bunker Hill Village in Houston, and it's home to the richest residents in Texas. Sorry, Colonial Hills.

The analysis, by loan provider TitleMax, lists the 50 richest small towns — one from each state — using median household income data from the U.S. Census Bureau. In Bunker Hill Village, the median household income is about $250,000, the report says.

Of course, "small town" is a bit of a misnomer for Bunker Hill Village. Situated 13 miles west of downtown Houston, Bunker Hill joins five other communities – Hunters Creek, HiIlshire, Hedwig, Piney Point, and Spring Valley – to make up Houston's iconic Memorial Villages. In 2023, Bunker Hill was ranked the third-most expensive Houston neighborhood, with homes on the market for upwards of $2.7 million.

Notably, the area is home to Houston's only Frank Lloyd Wright-designed house.

"We are very proud of our quiet, wooded environment, and as a community, we work hard to preserve it for future generations," the city's website says.

The study found that more than half (56.5 percent) of the 1,250-home community make over $200,000 a year, while the enclave's median household income amounts to $247,188.

To put that into perspective, TitleMax revealed that the national median household income is $67,521. The Census Bureau's 2023 American Community Survey estimates the median income of a household in Texas came out to $75,780 in 2023.

Bunker Hill joins the likes of Houston's Bellaire and West University Place as some of the most affluent suburbs in America. The North Texas suburb of Southlake also made it on that list.

The No. 1 slot went to Monte Sereno, a suburb of San Jose, California with a median household income of more than $250,000, according to the report.

"While many people consider cities to be the epicenters of the rich, many retreat to small towns that offer safety, beauty, and privacy," the report's author wrote.

These are the top 10 wealthiest small towns in America, with their median household incomes:

No. 1 – Monte Sereno, California ($250,000-plus)
No. 2 – Cherry Hills Village, Colorado ($250,000-plus)
No. 3 – Mission Hills, Kansas ($250,000-plus)
No. 4 – Short Hills, New Jersey ($250,000-plus)
No. 5 – Scarsdale, New York ($250,000-plus)
No. 6 – Belle Meade, Tennessee ($250,000-plus)
No. 7 – Glencoe, Illinois ($248,851)
No. 8 – Bunker Hill Village, Texas ($247,188)
No. 9 – Clyde Hill, Washington ($238,958)
No. 10 – Chevy Chase Village, Maryland ($238,333)

The full report can be found on titlemax.com.

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