With so many promising cities and suburbs across the vast Lone Star State, where are the best places to buy a home in Texas right now?
The Texas real estate market continues to boom thanks to a pro-business environment, rapid job and wage growth, and droves of new residents. Demand is skyrocketing while supply hasn’t kept pace, fueling rising home prices.
While increased competition makes buying more challenging, it also means your investment should steadily gain value. The key is identifying the right up-and-coming neighborhoods before they become out of reach.
In this comprehensive guide, we dive deep into some of the hottest Texas real estate markets across the major metro areas. Whether you want an urban lifestyle or suburban comfort, these communities offer great value and long-term appreciation potential in 2023.
Austin’s Rising Neighborhoods
As the capital continues to climb the ranks of top US cities, Austin real estate remains hot. The following are some of the best areas to look into:
East Austin – This funky and creative area on the east side is gentrifying quickly. Home prices are rising but remain below more central neighborhoods. Expect great food, music, art, and diversity.
Circle C Ranch – This massive master-planned community in southwest Austin offers beautiful new homes, parks, trails, pools, and recreation for families. Homes span from entry-level to luxury.
Leander – Located northwest of downtown, Leander provides small-town charm with easy access to Austin’s job market. Home prices are very affordable compared to the metro.
Best Suburbs to Buy in the DFW Metroplex
Dallas-Fort Worth offers options for every lifestyle. We recommend these up-and-coming communities:
Waxahachie – A historic town south of Dallas blending vintage homes with new developments. Provides a small-town feel and reasonable commute.
Between Dallas and Fort Worth is a suburb called North Richland Hills. Diverse neighborhoods and homes at relatively low-price points.
McKinney – This lively and family-friendly community north of Dallas has excellent schools, parks, events, dining, and homes from starter sizes to mansions.
Top Neighborhoods in Sprawling Houston
Houston offers endless options from urban to suburban. Check out these hot areas:
Pearland – Located south of Houston’s city center, Pearland has beautiful parks, top-ranked schools, and homes ranging from affordable to upscale.
League City – A bayfront suburb also south of downtown with a small-town vibe. Great for watersports and outdoor recreation with lower costs.
Spring – The wooded neighborhoods and golf courses of north Houston’s Spring area offer greater value with easy access to the city.
Best of San Antonio and Surrounding Suburbs
The Alamo City offers appeal inside and out. We like these communities:
Alamo Heights – One of San Antonio’s most coveted neighborhoods feature charming traditional homes and top-ranked school’s minutes from downtown.
Boerne – This scenic hill country town northwest of San Antonio combines small-town living with easy highway access back into the city.
New Braunfels – Located northeast of downtown, this historic town near two rivers provides outdoor recreation and affordable neighborhoods.
Get Pre-Approved and Start Home Shopping
If you’re looking to buy in Texas, act fast while inventory is higher and competition a bit easier than in recent years. Getting pre-approved by a reputable lender like ZAPA Mortgage will make your offers more desirable in this competitive market.
Contact us today to assess your home buying power and mortgage options. We’ll help you gain the edge to purchase your dream home in one of these promising Texas neighborhoods.