Best Locations to Invest in Texas

[Lia Locarnini]

Hello!  I am curious to get feedback on the best places to invest in Texas.  I have been focusing my search on Austin suburbs like Cedar Park, Leander, and Lago Vista.  But, as I run my numbers to find cap rates, I keep finding that other cities far from Austin (like Flower Mound) would give me better returns.  The big difference is that Flower Mound commands much higher rents.  Yet, I know that a lot of CA businesses are moving to Austin, and I think rental rates will increase in these Austin suburbs. I am curious what other investors have to say about the future potential of some of these Austin suburbs.  Would you recommend I buy based on what my cap rates are telling me, or on the future potential of where businesses are moving?