Texas Coast Draws Buyers Seeking Less Expensive Vacation Homes

Cinnamon Shore is a 1,000-acre master-planned beachfront pedestrian-friendly community.

PORT ARANSAS, TX—While Texas home prices rose steadily in recent years, prices are still below $300,000 almost everywhere, especially when compared to the average home price in Seattle–more than $500,000–or San Francisco–more than $1 million. As a result, some of the most affordable investment beach towns are located on the Gulf Coast, especially in Texas. In four-season coastal communities such as Port Aransas, set along 18 miles of beachfront on Mustang Island, the average 50-foot Gulf front lot costs less than $1 million–well below the $4 to $5 million-plus average found in coastal California and Florida.

“Texas continues to have astronomical growth driven by people migrating here from other states. According to the US Census, five of the 15 fastest growing cities in the US are located in Texas,” Harry B. Adams IV, managing partner at McCombs Properties, developer of Palmilla Beach Resort and Golf Community, tells GlobeSt.com. “Many of the migrants to Texas are professionals taking high-skilled jobs. They are attracted to the strong economy, pro-business culture and low taxes. These successful people are looking for ways to invest their money while enjoying the true reward of financial success–making lifelong memories with loved ones.”