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Texas booms with most new homes built in the U.S. since 2010, new report finds

San Antonio boasts a wealth of new homes on the market.

Texas is still booming when it comes to new home construction.

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Housing markets might be stabilizing in most areas of Texas, but there's one sector that's still booming. A new housing report by RubyHome Luxury Real Estate has revealed Texas leads the nation with the highest new home construction rate.

The study examined property data from the U.S. Census Bureau's 2022 American Community Survey, including the number of occupied properties and the number of homes built between 2010 and 2022.

Nearly a quarter (22.5 percent) of all occupied housing units in the Lone Star State have been built since 2010, the report found. That adds up to nearly 2.5 million homes out of a total 11 million-plus in the state.

Texas' new home construction rate was predictable, as the state had gained the most new residents between 2000 and 2022, according to a RubyHome spokesperson. That's another trend that doesn't appear to be slowing down in Texas, or in San Antonio for that matter.

"Residents of Texas are more likely to live in a new, modern property than any other state across the country," the report said.

For comparison, there were about 131.2 million recorded occupied households in the U.S., according to the 2022 Census survey. Over 15.7 million of those homes were constructed since 2010, which is nearly 12 percent of the homes across the country.

North Dakota fell behind Texas in No. 2, with less than 69,000 out of a total 331,481 homes built within the same time frame. New construction homes made up less than 20.74 percent of all of the housing stock in the midwestern state.

The top 10 states with the highest new home construction rates are:

No. 1 – Texas (22.5 percent)
No. 2 – North Dakota (20.74 percent)
No. 3 – Utah (20.65 percent)
No. 4 – Idaho (20.01 percent)
No. 5 – South Carolina (19.75 percent)
No. 6 – North Carolina (18.17 percent)
No. 7 – Nevada (16.74 percent)
No. 8 – Delaware (16.49 percent)
No. 9 – Colorado (16.30 percent)
No. 10 – Tennessee (15.73 percent)

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Take A Walk

New multifamily community opens near Stone Oak restaurants and shopping

Rendering courtesy of Greyson Luxury Living

The new community offers 291 units.

A new multifamily community is now open to prospective residents in San Antonio. Greyson Luxury Living comprises 291 units at 1734 N. Loop 1604 West, with a focus on lifestyle amenities. But the location will be the main draw for many.

Apartment floor plans range from one to three bedrooms, starting at $1,317 for one bedroom and one bathroom, and working up to a base price of $2,611 for three bedrooms and two baths. The community's pet policy according to the website is: "We welcome all your furry friends at Greyson."

Residents will get reserved parking and a garage with EV charging stations, but it might not always be necessary to hop in the car. The apartments are directly adjacent to restaurants like Cover 3, Eddie V's Prime Seafood, and Blü Prime Steakhouse — not exactly everyday eats, but there's tons more at the Vineyard Shopping Center and the Stone Oak neighborhood's Blanco Market Shopping Center across the highway.

In addition to restaurants, the community is less than a five-minute drive from H-E-B Plus, Whole Foods Market, Target, fashion and furniture stores, and multiple fitness studios like StretchLab and LA Fitness.

A press release promises wood-style flooring, quartz and granite countertops, and ceramic tile backsplash. On the more utilitarian side, it offers single-basin sinks, kitchen islands, "spacious" pantries, a stainless-steel Energy Star appliance package, and washer and dryer connections. (Images shared by the complex so far appear to be more illustrative of the desired vibe than the actual space.)

Every floor plan also shows a private patio or balcony. The most expensive floor plan — the three-by-two — has a wraparound outdoor space.

For shared spaces, a resort-style pool with a tanning shelf (a very shallow area for placing lounge chairs) and bike storage encourage residents to get outside, and a dog wash station makes it easy to leave dirt and hair outside of apartments. There's also a fitness center, a clubhouse with wi-fi, elevators, and concierge services.

“We developed Greyson as a luxury multifamily community aimed to fit any type of lifestyle, and we are grateful for all of our partners that helped bring this project to life,” says Ed Garahan, partner and CEO at Carbon Companies, the development firm heading the project.

Carbon Companies also sold the Addison Medical Center Apartments, Ventura Ridge, Triomphe Apartments, and Pecan Springs Luxury Apartment Homes, with more in the works in San Antonio.

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