Texas Real Estate Property In The Big State

Texas Real Estate Property In The Big State

Texas Real Estate – Property in​ the​ Big State
Everything in​ Texas is​ big, including real estate options .​
If you’re considering a​ move to​ Texas, here is​ a​ primer on the​ state.
Dallas is​ a​ big city with a​ definite oil influence .​
There is​ a​ certain over the​ top feeling about Dallas, but people are pleasant and​ the​ city has first-rate services .​
Make no mistake, living in​ Dallas is​ living in​ a​ big city .​
It comes with all the​ negatives of​ a​ big city such as​ traffic, but all the​ positives such as​ professional sports teams and​ so on .​
If you prefer living in​ a​ big city, Dallas may be a​ good choice as​ real estate is​ surprisingly cheap .​
Austin is​ the​ home of​ the​ University of​ Texas and​ one of​ my favorite cities .​
With a​ definite college town attitude, one can experience an​ odd mix of​ the​ Wild West with the​ liberal attitudes of​ college students .​
The town boasts famous music festivals and, of​ course, an​ avid group of​ college football fans .​
Eternal optimist, they even think they can beat the​ Oklahoma University Sooners in​ 2018 .​
Constantly in​ a​ friendly competition with Dallas, Houston is​ a​ city that stands on its own merits .​
Those merits, however, are based on the​ boom or​ bust nature of​ the​ oil industry .​
When things are going well, Houston is​ abuzz and​ grows in​ leaps and​ bounds .​
When things are going bad, the​ economy suffers and​ so do the​ people living there .​
This boom or​ bust scenario has led to​ overbuilding and​ the​ city has an​ organized feel to​ it .​
All and​ all, not a​ personal favorite, but to​ each there own .​
San Antonio
San Antonio is​ the​ big city with the​ little town feel .​
Unlike Houston, it​ is​ not dependent upon the​ oil business, which has resulted in​ some careful urban planning .​
Now the​ eighth biggest city in​ the​ United States, San Antonio is​ an​ up and​ coming city .​
Of the​ big cities in​ Texas, I​ would consider San Antonio the​ best overall .​
Texas Real Estate
Overall, the​ good news is​ Texas real estate is​ very reasonably priced .​
The average home price in​ Dallas is​ $260,000, while Austin comes in​ around $200,000 .​
a​ single family home in​ Houston will set you back $150,000 on average, while $220,000 will do the​ job in​ San Antonio .​

The bad news with Texas real estate involves appreciation .​
Texas has the​ lowest real estate appreciation rate from September 2004 to​ October 2018 .​
With an​ appreciation rate of​ a​ little over 5 percent, not everything is​ big in​ Texas .​
Still, this may be an​ opportunity to​ get in​ on the​ ground floor, particularly for​ a​ great town like Austin .​
One would think Texas is​ a​ take it​ or​ leave it​ state, but it​ simply isn’t true .​
The cities are all unique and​ a​ lack of​ a​ state income tax makes the​ low real estate appreciation rates easier to​ swallow.

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