Homebuyers from foreign countries purchased $4.8 billion in Texas homes from April 2024 to March 2025, according to Texas REALTORS®. That dollar volume was up approximately $1.3 billion year over year.

International transactions increased 9% year over year, with 7,500 purchases made by foreign homebuyers. The median price for those purchases was $420,800 — up 12% year over year and $82,300 more than the typical Texas home sale.

Those buyers were most likely to use traditional mortgage financing, but only by a 1% margin, with 44% using U.S. mortgage financing and 43% buying in cash. Half were purchasing a primary residence, followed by rental properties (23%). Other buyer intentions included using their property as a vacation home, splitting the property as both a rental and a vacation home and student use.

Seventy-five percent of international buyers purchased a detached, single-family property. The next most common property type was townhome at 11%, followed by condo/co-op at 5% and residential land at 5%.

Buyers were most likely to pick a suburban area (44%), followed by city/urban areas (39%) and small towns (10%).

Nearly one-third of Texas’s international buyers were from Mexico (30%), followed by Canada (8%) and China (8%), India (7%) and Nigeria (6%). Texas home sales also accounted for 40% of all purchases of homebuyers from Mexico.

While Florida was the state with the most international home purchases, followed by California, Texas ranked third in the country, making up 10% of international home purchases nationwide.

However, a new law in effect Sept. 1 could inhibit future international homebuying activity, Texas REALTORS® said: Buyers from China, Iran, North Korea and Russia will be restricted from “some property purchases and leases.”