Texas is one of the best states to live in the US because even its large cities are relatively affordable. Anyone that wants to invest or settle would want to know the best places to buy a home in Texas. That is what we are going to lend insight into in this article.
Top 10 Texas Neghborhoods to Buy a Home
River Oaks, Houston
The real estate market in River Oaks is so hot that Trulia reports median rent per bedroom as $2,500 – $3,000. Median home value was $2M as of December 2020. The neighborhood has high ranking educational facilities, with The public River Oaks elementary school receiving 10/10 ratings from Greatschools.com.
Arlington Heights, Fort Worth
Arlington Heights is an excellent pick for families and single millennials. The neighborhood mainly consists of suburban houses, which affords sufficient space while still maintaining proximity to amenities. The average rent is $1,485, while the median home cost is $379,300.
East Downtown, Houston
Also known as EaDo is situated east of South Freeway and north of Gulf Freeway. It is much safer to live here than in Downtown Houston, though slightly more expensive. The median list price is $400,000, while the median rent is $2,250. On average, properties spend 78 days on the market.
Rivercrest, Fort Worth
Famous for Rivercrest Country Club, it is an exclusive neighborhood in West Forth Worth. Though close to downtown, it is a serene place to embark on family life. It features homes that cost an average of $6,978,000. Crestline Road holds some of the most beautiful houses in the city that overlook the river.
Bushy Creek, Austin
It is ranked as the 13th best place to live in Texas. Situated in Round Rock, an Austin Suburb, Bushy Creek is an attractive place for homebuyers for several reasons. One of which is that major companies like Dell have made the area their headquarter site. Other reasons include proximity to Downtown Austin, low crime rate, and lush green spaces. The median home value is $239,500
Preston Hollow, Dallas
Concerning Dallas real estate, Preston Hollow is hard to match regarding space. Though it has been one of the hottest places to buy a home in Texas, Preston Hollow retains its charm and quaint mix of traditional and modern houses. Median home price $1,008,480 while rent is $1,994.
Georgetown is among the most rapidly growing areas in the country. It is ranked highly regarding areas to raise a family and has some of the best public schools. The median home value is $248,000, offering you a fantastic location just north of Austin at an affordable price.
Alamo Hills/Terrell Hills, San Antonio
Homes vary between $200,000 – $600,000 and offer upscale options for homeowners with a budget in this range. Amenities such as walking trails and linear parks are available for residents. Housing in the area is facing heavy demand, and investors would find this area profitable.
West University Place, Houston
Located within the Woodlands-Sugar Land metropolitan area, it is one of the top 10 neighborhoods in Texas. West University Place is one of Houston’s highest appreciating areas with a low crime rate and high-quality options for education. The average household income per year is $250,000 (2019). It is a seller’s market with median rent and home value at $2,950 and 1.4 million, respectively.
Lakewood is a top 10 neighborhood because of its laid back luxury and impressive properties. Lakewood Elementary is renowned for its educational quality. It holds the charm of a small town despite being close to a big city, and the lake opens up outdoor activities. Median home value is $585,000 while rent is $1,383.