Houghton was born in Los Angeles, California. He is the son of producer Buck Houghton. He began his acting career with appearances in the television shows Man With A Camera, The Twilight Zone, and McKeever & the Colonel. He was an original cast member of CBS daytime soap opera The Young and the Restless where he played Greg Foster from 1973 to 1976. After leaving daytime, Houghton was cast in a leading role in the short-lived CBS action series Code R in 1977.
His most prominent role is that of Kenny Ward, Kim Lankford's character's husband, on the long-running CBS prime time soap opera Knots Landing from 1979 to 1983. During the 1980s, he also guest-starred on Fantasy Island, Hotel, The Love Boat, and Remington Steele. In 1986, he had a small role in the ABC miniseries North and South, Book II and went on to play Cash Cassidy on the ABC prime time soap opera The Colbys(1986–87).
Houghton has appeared in a number of films, including, Sweet Sugar (1972), One on One (1977), I Wanna Hold Your Hand (1978), More American Graffiti (1979), Superstition (1982) and Purple People Eater (1988).

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