Texas is a state located in the southwestern United States. This is the second-largest country in both area and population, behind Alaska and California, respectively.
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Texas is known for its oil reserves, energy, and aeronautics industry, which has contributed much to its growth. Texas real estate is also on an upward trend in some cities.
It has a lot to do with Texas' relatively low cost of housing, its location in the middle of the state, low taxes, good climate, and abundant supply of oil and natural gas.
Texas property investors should look for real estate investment because of the economic boom experienced due to the immigrants from other countries. The price of real estate in Dallas, Houston, Austin, and San Antonio is rising, though they are still affordable.
It is observed that Texas real estate is appreciated at a rate of 5 percent per year. Although the rate of appreciation is not anything to brag about, the fact that Texas has relatively low real estate prices is reason enough to keep investors interested.
Another significant reason why investors should invest in Texas real estate is the TREC or the Texas Real Estate Commission. With the presence of TREC, it is impossible for a real estate investor to be tricked by the unscrupulous real estate broker.