Are you an investor looking for a profitable out-of-state opportunity? Are you thinking about putting your money behind Texas real estate?
Texas is a booming state with a snowballing population. In fact, the state of Texas alone accounted for 32% of the country's population growth between 2019 and 2020.
Why is everyone moving to Texas, and how can you get your money behind a skyrocketing real estate market?
Let's take a look.
Texas-Bound
There's a reason why so many Americans love Texas. The state boasts a low cost of living and is one of only nine states in the country with no income tax. This makes it an excellent place to retire or start a business.
There has been a lot of job growth in the area due to the low cost of doing business in Texas. It has recently attracted companies like Hewlett Packard, Wayfair, and Caterpillar.
Areas like San Antonio are particularly attractive because the prices of homes are reasonable. Most homes fall in the $200,00-$500,000 range, but some are still below that bracket.
At a time when it's difficult to find housing in desirable areas, many folks are willing to rent while they settle into a new state. Here's where it really pays to be an investor who rents out a rental property in the area.
Areas like San Antonio offer a big-city feel along with reasonable pricing. It's home to great sports, amazing food options, and excellent shopping. The locals in the area are also known for being quite friendly.
Families are drawn to Texas for the community feel and excellent schools. The warm weather is also a draw for northerners who are used to frigid winters.
Gorgeous Neighborhoods
Areas like San Antonio are known for the unique flavor that each neighborhood can offer. Uptown areas like Terrell Hills and Alamo Heights, for example, are known for their neatly maintained lawns and tree-lined streets. Each has its own police force and fire department.
Parks, breweries, and museums abound in these lovely family-friendly areas. And grocery shops are all within a fifteen-minute drive of residences.
The William King District is planned around the arts and history. Here, you'll find a lot of Victorian homes and beautiful mansions. The financial district in downtown San Antonio makes this a very popular neighborhood.
Stone Oak on the Northside is known for its shopping and dining. There are a number of local parks and even a golf club. The area also boasts excellent schools and state park systems.
San Antonio has a lot of homes available in some unique and beautiful styles. French, neoclassical, and Victorian options abound, making each home a special work of art. There are also plenty of apartments and condos that are appealing to renters.
The Finest Texas Real Estate
If you're ready to make a great investment decision, look no further than Texas real estate. With its low cost of living, beautiful amenities, and skyrocketing job growth, you can look forward to dividends for years to come.
Don't stop getting smart about your investments now. For excellent property managers for your Texas home, contact us today.
