November 4, 2026. Vote totals as of 6:15 PM ET remain unofficial. Kalshi prices below are dated historical observations.

Democrat James Talarico defeated Republican Ken Paxton in the 2026 Texas U.S. Senate election, according to AP's race call and NBC News's reported results.

Kalshi traders priced Talarico's chances of winning at 75% as of 5 p.m. ET on Nov. 3, up from 71% at noon that day.

Dallas, Tarrant, Collin and Denton counties, together with Harris County, supplied 1,041,511 net votes for Talarico over Paxton. That accounts for 87.1% of his reported statewide lead, according to calculations from the county returns.

Who won the 2026 Texas Senate race?

Democrat James Talarico defeated Republican Ken Paxton in the 2026 Texas U.S. Senate election, according to the Associated Press.

Talarico led by 1,195,369 votes, or 12.09 percentage points, in the Nov. 4 NBC News results update. The feed estimated 99% of expected votes counted.

Candidate

Votes

Vote share

James Talarico

5,445,121

55.08%

Ken Paxton

4,249,752

42.99%

Ted Brown

190,258

1.92%

Reported returns as of 6:15 p.m. ET on Nov. 4. Shares calculated from the listed votes; rounding may affect the sum. Returns are unofficial.

Where did Talarico build his lead?

County or group

Talarico minus Paxton

Dallas, Tarrant, Collin and Denton

+585,674

Harris

+455,837

Hidalgo and Cameron

+133,370

Remaining 247 counties

+20,488

Texas total

+1,195,369

Original calculation from the same results update. Each county appears in one group.

The four selected North Texas counties contributed 585,674 net votes, more than Harris County. Hidalgo and Cameron added another 133,370.

The remaining 247 counties include large Democratic and Republican margins that partly offset each other. Their combined total is not a measure of rural Texas. The table shows contributions to this election's margin, rather than gains since a previous election.

What shaped the race?

The Texas Tribune identified North Texas suburbs, South Texas and Harris County as areas to watch before Election Day. Its reporting focused on whether Paxton could consolidate Republican support and whether Talarico could extend Democratic strength around the major metros and border communities.

The AP Voter Poll found that about three-quarters of Texas voters under 30 and roughly six in ten Hispanic voters backed Talarico. Those statewide survey findings add evidence about his coalition alongside the geographic returns.

The candidates offered different messages in the final stretch. The Tribune described Talarico emphasizing working-class, cross-partisan and faith-based appeals, while Paxton urged Republicans to defend the state's conservative identity.

The returns show where Talarico accumulated his lead. Campaign reporting and voter surveys help explain the coalition, but do not isolate how many votes any one message or issue produced.

What does Texas mean for Senate control?

Texas gave Democrats a pickup rather than a hold, and their first Senate election victory in the state since 1988. AP reported that Democrats won control of the incoming Senate as Republican-held seats flipped in several states.

Republicans entered the election with a 53-47 advantage over the Democratic-aligned caucus. Democrats needed four net gains to reach an outright 51-seat majority. Texas contributed one of those gains.

How did the Texas Senate odds move?

Time

Kalshi chance of a Democratic win

Nov. 2, noon ET

76%

Nov. 3, noon ET

71%

Nov. 3, 5 p.m. ET

75%

Historical market-implied probabilities, using one-hour closing trade prices. These are dated observations, not current quotes or final statewide poll-close odds.

Talarico's price moved from 71% at noon ET on Election Day to 75% at 5 p.m. ET. A separate observation at 8 p.m. ET was 82%. Those readings describe different times; the earlier 75% figure should not be labeled final poll-close odds.

Kalshi prices imply a chance of an outcome, not a candidate's share of the vote. The county returns measure the actual reported margin. One election result cannot establish how well market probabilities perform across many races.

For the campaign background and earlier market timeline, see Kalshi's Texas race guide and projection story.