Samsung, Tesla, Oracle, Apple ... Austin is home to many big employers, and it seems more are always on the way. Also see: https://www.bizjournals.com/austin/news/2021/02/08/these-headquarters-have-moved-to-austin-in-2021.html

My top 5 choices, along with the smaller cities listed below.

New Braunfels is a beautiful town between Austin and San Antonio and is the second-fastest growing city in the nation. According to 2020 Census data, the population for New Braunfels and Comal County jumped 56.6% and 48.9%, respectively, over the last 10 years. Watch this excellent introductory video on New Braunfels and learn much more here. https://www.businessinnewbraunfels.com/why-new-braunfels/ Visit Play in New Braunfels to read more about quality of life in this Hill Country town. https://www.playinnewbraunfels.com/

This charts shows conservative examples of appreciation for a starter investment home in Austin. Many years Austin has experienced higher growth percentages than these rates.

If you are from out of state, you might be unfamiliar with our property tax system in Texas. Property taxes should always be considered when running the potential numbers of investment properties. Here are sample 2020 tax rates. Keep in mind these rates fluctuate every year, as do the appraised values of homes.