Thursday, 29 June 2017

3 Cities in Texas to Consider When Searching for a New Home

Written by Posted On Tuesday, 24 January 2017 16:07

You’d have a tough time finding a state with prouder residents than Texas has. Author John Steinbeck even went so far as to call the Texas state of mind “a mystique closely approximating a religion.” If you’re ready to join this proud group and become a Texan, here are the best three Texan cities to consider. 

Austin

Austin

Image via Flickr by Thelonius Gonzo

Culture and fun are among the many benefits Austin can offer homebuyers. For younger residents, Austin hosts plenty of hipster-friendly events, such as the South by Southwest festival — which features the latest in film and music — and the Alamo Drafthouse Cinema, famous for its quote-along showings of classics and its marathon screenings of all eight Harry Potter movies.

Austin also consistently ranks among the best cities to buy a home. Forbes’s most recent list of best cities in which to buy a home lists Austin in second place for its low unemployment rate and affordable median list price. For some of the same reasons, Forbes also named Austin one of its “Best Buy Cities” in 2015, calling the city one of the best places to invest in housing.

Dallas

The third-largest city in Texas and the fourth-largest metropolitan area in the United States, Dallas offers an alluring blend of big-city amenities and small-town southern hospitality. Dallas, or the “Big D,” as residents call it, has everything from professional sports to the trendy West Village to parks like White Rock Lake and Klyde Warren — and those are just for starters.

According to Zillow, the value of Dallas homes has risen 16.4 percent in the last year, but the city still offers a buyer’s market. If affordability is your primary concern, consider where in Dallas you buy a home. For two- or three-bedroom homes under $200,000, try the Elmwood neighborhood south of Jefferson Avenue. For amenities and safety, however, the Farmers Market District is tough to beat.

San Antonio

This year has already been a good one for San Antonio, and 2016 isn’t even half done yet. In January, San Antonio made Forbes’s list of the “50 Next Boom Towns,” ranking eighth. A month later, Forbes ranked San Antonio third on its “Best-Buy City” list. To appear on that list, cities had to combine attractive home prices with solid performance on several economic measures.

Specifically, San Antonio demonstrated excellent job growth of 3.7 percent, healthy population growth of 6.1 percent from 2011 to 2014, and expected home price appreciation of 8 percent. If you’re not already sold, San Antonio also offers a low cost of living and a lower employment rate than Texas and the United States as a whole. And don’t forget — Sea World has a location in San Antonio as well. What more could you ask?

 

If you’re ready to get into a Texas state of mind, you have many attractive options — and these three cities just happen to be the best of the best in the Lone Star State.

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