I’m interested in investing in my first home in Texas. I was looking into Dallas area or Austin. Does anyone have experience investing in these cities. Any recommendations what cities or areas to look in Texas. I’m looking for long term purchases in the 100-130k price range. Any input is greatly appreciated.
Hello, I am located in the Dallas area. With the price range that you mentioned, there are several suburb cities to invest in. Richardson, Garland, Mesquite, Duncanville and Arlington to name a few.
Thank you all for the information. The members here make this forum extremely useful.
I’m actually planning to buy soon based on all the feedback I’m planning to visit Mesquite, Forney and Austin to purchase soon-End of Jan. 2006.
Any links to that I use to do more homework in these areas would be greatly appreciated.
Round Rock, just outside of Austin is doing well. Lake areas of Austin as well as NW and SW are set to appreciate as well. RealtyTimes.com has a market update column on their website so you can see what markets are like.
I would definatly look at inner loop Houston. A very strong economy moving back into downtown Houston and urban residential is booming and priced right.
Do you guys have any opinions on San Antonio or the McAllen-Brownsville areas?
Hello.
Last June I bought 5 houses in a new gated community in San Antonio.
2 have closed so far. The others are being built. I hear the base will be bringing in more renters.
There are some great deals there. The taxes are murder, but all my rentals cash flow.
I also bought 3 beautiful homes in Austin. Round Rock is a great neighborhood.
I pay between 115-230k per house. I’m thinking of buying 2 more. Contact me if you would like to have more information.
Linda
Living in Round Rock, I can attest to the growth explosion. There are huge primary arteries going up which is going to make living further out faster & easier.
Let me know if you are a numbers person, I have growth projections for Williamson county…
Who isn’t a numbers person on this board! 
I bought 10 houses in the last year and recently sold 2. One in Texas and one in Scottsdale. I consider myself to be quite lucky that I was able to get rid of my biggest mortgage during that AZ frenzy this summer.
I am thinking of perhaps selling or doing a L/O with my other 2 in Phoenix once I educate myself from this board and learning from all the great people who share here.
I enjoy making my deals a win-win situation so that everyone gets to feel good 
I still have to close on 3 more in Texas, possibly 5. I must admit that I am getting a bit tired of always rushing out at the last minute. …the signing of papers, faxing, wires, the notary, running to FedEx, the bank, etc. Whew!
Now I like investing in notes…It’s a sure deal and requires practically no work!
I love to hear about new deals. Yes, I am very interested in Williamson County and your numbers.
Thanks, Linda
i’ve heard Austin and San Antonio are doing really well.
i have a friend who’s buying REO’s in San Antonio for 50 cents
on the dollar. she’s buying 150k homes so she’s getting mansions!!!
i’m personally don’t invest in Texas. I’m scared away by the high
property tax and insurance. I like Utah! Just about to close on my
8th house there.
Glad to hear about all the people investing in Central Texas. I think my next purchases will be in Dallas or San Antonio. I’m leaning towards SA because that’s where I grew up.
I’ll still probably buy in Austin, but haven’t been really investing anywhere else.
Any ideas/recommendations about the Houston area? Noone seems to mention Houston. House prices there look very promising, lower than Dallas or Austin.
historically houston has always been overbuilt and then the prices slump.
this time around it might be different because of Katrina forcing a lot of poeple there.