Good heavens! That kind of cash would buy you a city block in Houston.
It's funny how what you're used to shapes your perception, isn't it? My husband is from Pittsburgh, and on one trip back there, we toured a nice suburban neighborhood. There was a lovely house for sale, for $635,000, a house that would be easily twice as much (if it existed) here in the Washington, DC area.
My husband's brother and his wife live in the Houston area. When we got out of our cars and compared our impressions of the house we'd seen, ours was "That's so cheap!" and theirs was, "That's incredibly expensive!!"