Professional athletes look to maximize their earnings in Austin, Texas.
Some of the wealthiest people in the world have access to some of the most desirable real estate thanks to professional athletes. Los Angeles and New York have been popular for athletes. Texas is getting into the game with the exodus from California and other states.
New residents in Texas include a number of pro players.
Texas properties give more space and privacy than other states. The custom estate is located on 1.49 acres and overlooks the Barton Creek Fazio Foothills golf course.
The University of Texas at San Antonio found that Texas had the highest growth rate of any state from 2010 to 2020 with a growth rate of 15.9%.
No state income tax, an affordable cost of living and a booming job market have contributed to the rise in population.
The sun is setting over Town Lake.
The incentives for athletes are more specific and include an abundance of gated communities, a convenient central location, and no jock tax. Pros like those on the Dallas Cowboys or San Antonio Spurs will spend less duty days in states that have an income tax because it will result in less tax.
According to data from the World Population Review, housing prices in Texas are on the rise, hitting $187,200 as of May 2022, but they are still lower than those in California.
He uses his understanding of the athlete to help his clients buy and sell real estate.
Lower prices for more space means more privacy, which is why athletes are interested in moving to Texas. The dollar goes a lot further here compared to other markets. Being able to buy more space for a fraction of the price means more privacy for athletes, which is the most important thing on their list.
In addition to affordability and privacy, the University of Texas A&M graduate says that location is another draw for athletes. It's convenient.
It's common for athletes who play for teams outside of the state to own homes in Texas. Athletes don't buy in cities that they play in. They rent a place and stay there during the season so they can get away and have time to relax after a long season.
It doesn't mean to cut corners. The Heights neighborhood has the benefits of a traditional neighborhood.
Texas towns such as Austin have more clout for athletes looking to make their mark in other business ventures than does Los Angeles and New York.
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The area of Austin, Texas, is considered to be a new tech hub due to the newTesla Gigafactory.
Athletes with Texas ties often choose to reside in the Lone Star State, such as Troy Aikman and Tony Romo, whose personal brands are afflicted with Dallas. Many athletes who were born and raised in Texas have come back or stayed.
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