Texas Coast Draws Buyers Seeking Less Expensive Vacation Homes
Some of the most affordable investment beach towns are located in Texas’ Gulf Coast, namely Port Aransas with 18 beachfront miles on Mustang Island, where the average 50-foot Gulf front lot costs less than $1 million.
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.