The billboard reads, at entrance to our new neighborhood, NW of Austin. New homes from $200K. Ours was more than 3 times that. IF you see a sign here around Austin that gives “starting home prices” be sure to multiply it by 3 or 4 times. Heck, our lot is valued at $200K now without a house on it. Maybe homes salesmen are as dishonest as car salesmen now.
I have Friends in Austin. One was Married to a Wealthy Doctor and they have a 4000 + SF Mansion on the Lake.
I’ll bet when he bought the House years ago he paid less than we sold our 2000 SF Cookie Cutter Home in Orange County.
Of course, in CA our Property Taxes were affordable thanks to Prop 13 which the Rats are attempting to dismantle piece by piece. From what I understand the Property Taxes in TX are pretty high since there is no Income Tax.