Description

In this episode, Tim and Tom Dosch are joined by Tripp Rich to explore the key developments shaping Texas real estate in Q2. Despite growing macroeconomic uncertainty, including geopolitical tensions and tightening capital markets, the team reveals a surprising surge in deal closures compared to Q1.

The conversation offers a nuanced look at major metro areas, Austin, Houston, and Dallas, and how different asset classes are responding to shifting investor sentiment. From a multifamily cautious comeback in Austin to cost-saving opportunities in Houston and retail growth driven by grocery anchors, the episode provides a market-by-market analysis that blends data with on-the-ground experience.

They also examine new legislation affecting density and financing, unpacking what it means for developers and municipalities moving forward. Industrial remains a standout performer, while single-family builders are turning hyper-selective, focusing on infill locations with strong fundamentals. Tune in to sharpen your strategy before the next opportunity passes you by.

Key Takeaways

• Deals closed up 50% over Q1, despite macro turbulence and market uncertainty.
• Multifamily revival in Austin: Developers re-entered after long pauses, driven by improved leasing and absorption.
• Single-family pullback: High delivery volume, tariffs, and equity hesitation are causing delays and selective acquisitions.
• Industrial remains the strongest use type, particularly in DFW and Houston, thanks to lower development costs and strong demand.
• Large acreage deals are still moving, especially in Houston's north/northwest corridors.
• Retail is booming, especially in underserved suburban areas, fueled by grocery anchors like H-E-B.
• Construction cost declines (10–15%) are unlocking deal feasibility.
• Equity is cautious but still backing top-tier developers and high-barrier markets.
• New Texas legislation (SB 840, SB 15, HFC reforms) could reshape development patterns significantly in H2.

In This Episode:

• [00:34] Introduction to the discussion topic

• [00:49] Q2 market overview 

• [01:13] Q2 vs. Q1: What changed?

• [01:31] Impact of geopolitical issues and tariffs

• [02:10] Challenges and opportunities in the real estate market

• [03:21] Multifamily market dynamics in Austin

• [04:28] Single-family market adjustments

• [06:23] Large acreage deals and long-term investments

• [16:19] Industrial market strength in DFW and Houston

• [20:20] Construction costs and developer strategies

• [21:19] Current trends in garden products

• [21:34] Houston’s aggressive real estate market

• [21:51] Significant cost savings in recent deal

• [22:31] Dallas real estate highlights

• [23:08] Challenges in multifamily land deals

• [24:09] Texas legislative changes impacting real estate

• [25:45] Senate bills and their implications (SB 840, SB 15, HFC reforms)

• [31:14] Market predictions for the rest of the year

• [36:02] Retail and grocery store expansion (H-E-B, Sprouts, etc.)

• [38:16] Single-family and industrial market outlook

• [40:01] Conclusion 

Resources and Links

Podcast

• Texas Land Guys Podcast

Tripp Rich

• https://www.linkedin.com/in/tripp-rich-52b35b60

• https://dmre.com/

• https://ascentinv.com/

• https://100xharvest.org/

Tom Dosch

• https://www.linkedin.com/in/tom-dosch-37263b3b/

• https://dmre.com/

• https://ascentinv.com/

• https://100xharvest.org/

Tim Dosch

• https://www.linkedin.com/in/tim-dosch-67a07899/

• https://dmre.com/

• https://ascentinv.com/

• https://100xharvest.org/