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What SERHANT.'s Texas Expansion Means for Luxury Real Estate

Ryan Serhant's brokerage is heading to Texas. The move says a lot about where luxury real estate is headed next.
June 23, 2026

SERHANT. is officially expanding into Texas with new offices in Houston, Dallas, Austin, and San Antonio.

On the surface, it's another brokerage expansion announcement.

Underneath, it's a signal.

Luxury real estate is becoming increasingly concentrated around a handful of markets attracting wealth, corporate relocations, and population growth. Texas sits at the center of that conversation.

The move gives SERHANT. a presence in one of the fastest-growing luxury markets in the country while strengthening its position as a national brokerage brand.

According to the company, its 13-person founding Texas team has sold nearly $1.5 billion in real estate over the last twelve months.

That's not a startup operation.

That's immediate market share.

Why Texas Matters

For years, conversations around luxury real estate have focused on New York, Miami, Los Angeles, and Palm Beach.

Texas has quietly inserted itself into that group.

The state's ability to attract corporate headquarters, executives, entrepreneurs, and high-net-worth individuals has transformed its housing market.

Dallas-Fort Worth has become one of the strongest luxury markets in America. Austin continues to attract technology companies and venture capital. Houston remains one of the nation's largest concentrations of wealth tied to energy, healthcare, and business ownership.

The migration isn't simply residential.

It's economic.

And real estate follows money.

The Luxury Market Is Getting Bigger

One of the most interesting developments is what is happening at the very top of the market.

North Texas luxury sales above $10 million have surged in recent years. Branded residential developments from names like Ritz-Carlton and St. Regis are helping create a luxury condominium market that barely existed a decade ago.

This isn't just growth.

It's maturation.

Markets that once revolved around large suburban estates are beginning to support the same type of luxury product categories found in New York, Miami, and South Florida.

That creates opportunity for brokers, developers, and investors alike.

More Than A Brokerage Expansion

What makes this move particularly interesting is that SERHANT. isn't positioning itself solely as a brokerage.

Technology remains central to its growth strategy.

The company continues to invest heavily in S.MPLE, its proprietary AI platform, while building a media-first brand around education, content, and consumer engagement.

That approach has helped the company grow from a New York startup into a national platform operating in 17 states with more than 2,000 agents.

Texas is simply the next chapter.

What This Means For The Industry

Brokerage expansion typically follows opportunity.

Companies invest where they believe future transaction volume will be created.

The Texas launch reflects a broader trend taking place across the country: luxury real estate demand is expanding beyond traditional coastal markets.

New York remains the financial capital.

Miami continues to attract international wealth.

But Texas has become impossible to ignore.

The combination of business growth, population migration, and increasing luxury inventory has created one of the most compelling real estate stories in America.

SERHANT.'s latest expansion is another reminder that the next generation of luxury real estate won't belong to a single city.

It will belong to the markets where people, capital, and opportunity continue to converge.

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Thinking about buying, selling, investing, or making a smarter real estate move? Contact Nile Lundgren and The Lundgren Team to start the conversation.

https://nilelundgren.com/contact/

 

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