Why Texas Is a Huge Target for Real Estate Investment?

When you hear about the latest news in real estate investment, people are always talking about Texas. Dallas, Houston, and Austin have become prime targets for real estate investors interested in single-family residential and commercial real estate investments. Why is this the case? A number of things are happening in Texas right now that are driving real estate investors to the area in droves.

Employment Is Up

Job markets around the country have seen significant improvements in the last few years, but Dallas’ growth has been exceptional. This year, alone, the Dallas-Fort Worth job market has added nearly 105,000 jobs. Many businesses are recruiting workers from out of state or from other areas of Texas, and as a result the demand for quality rental properties has increased dramatically.

The Price of Living Is Reasonable

While market values are on the rise for houses and multifamily properties in Texas, monthly rental rates are increasing at a much faster rate. This is great news for investors, as they can find affordable properties in good neighborhoods with a lot of amenities and features, and then they can get great cash flow from them on a monthly basis with attractive rental rates.

DFW International Airport

It may not have the title of “busiest airport in the world”, but DFW International Airport is a major hub. As a result, numerous businesses in the transportation industry are headquartered in Dallas or have large hubs here. With all these businesses growing and booming in the area, we expect to see even more population growth in the future with even higher demands for rental properties.

A Variety of Investment Opportunities

Another interesting thing about Texas for real estate investors is the variety of investment opportunities available here. The suburbs of Dallas, Houston, and Austin all offer lucrative single-family rental markets. At the same time, there’s a huge demand for apartments and condos in downtown areas. Thus, investors who are not interested in owning single-family homes can put their investment capital toward investment trusts and/or real estate crowdfunding opportunities where they can put their capital together with other investors in exchange for equity in larger developments.

With so many people moving to Texas, residential real estate is only one small portion of the real estate investment opportunities open to investors today. With medical real estate, retail real estate, and other sectors booming in cities around the state, there are more opportunities than ever before to find lucrative real estate investments here.

So, why is Texas a huge target for real estate investment? For much less capital than you’d need to break into investing in cities like New York or Los Angeles, you can find properties of all kinds with significant returns that you’ll see almost immediately. If you’re considering investing in real estate, either commercial or residential, you might want to check out what everyone is talking about in Texas before you commit to buying property anywhere else.