The most expensive homes in Texas are primarily in the Dallas-Fort Worth-Arlington metro, with the highest typical home value in Westlake at $3,085,191. Other costly cities include Highland Park, Westover Hills, and University Park, all exceeding $2 million. Austin-Round Rock-Georgetown and San Antonio-New Braunfels metros also feature expensive homes. Home values have generally increased over five years, despite some recent declines in certain areas.