Austin TX, 150 mile radius and $40k

[Caleb Godsey]

New to Real Estate in the Austin area. I'd love to invest in an area somewhat close to Austin, but realize $40k probably won't get too far in Austin, TX area. 

My question: What markets would others out there recommend within a 150 mile radius around Austin that I could take $40k and get started in real estate. Why would you recommend these markets? 

[Caleb Heimsoth]

Caleb Godsey first off, great name. Secondly I would look into Waco, killeen, and maybe temple for markets within that driving distance. San Antonio May also work but I’m not as positive