Texas Residential Development

[Abhi Patel]

Hello BP Members, 

I was looking for development property within Texas. What are some of the areas that are trending/hot at the moment and have a good scope over the next few years in terms of house and other development happening? I am open to all suggestions. Thank you!

[Ryan Blake]

@Abhi Patel Hot emerging markets in Texas that I know of right now are in the Anna area (North of Plano and Dallas), Haslet area (North of Fort Worth), Aledo (West of Fort Worth), Georgetown (North of Austin), Buda (South of Austin, Northeast of San Marcos). All of these places have a bunch of new construction going on, mostly driven by large developers. Not sure on cost of land in any of these areas.

Good luck with development! Hope to see a success story soon.