Market Insights

Patten Properties Experiences Continued Growing Demand for Texas Real Estate from Across the United States

Buyers from outside of the State accelerate the growth and vibrancy of Texas

Montgomery County, TX  //  August 3, 2021

Patten Properties, a leader in premium recreation and residential property continues to see growing demand for property in Texas, especially from buyers moving here from other States. 

“Buyers are searching for the perfect place to put down roots – welcoming communities that embody Southern hospitality and charm, together with conveniences, amenities and natural beauty all around, plus tax benefits and a dynamic employment market. Texas has all this and more with world-class shopping, culture and sports, as well as top hospitals and health care facilities to suit the most discerning residents,” says Andrea Castro, Land Specialist.

Texas, the nation’s second most populous state had the second largest gain in net domestic migration in recent years and during the two decades, the two largest Texas metropolitan areas, Dallas-Fort Worth and Houston moved from below the top five to positions four and five respectively.

Data shows a significant number of Californians moving to Texas, with over 80,000 — many in the high-tech sector — relocated there in 2019 alone. Dozens of California-grown companies such as Oracle, Hewlett-Packard and Tesla moved here also.

Lisa and Daryl Charlson recently bought property at Republic Grand Ranch.

Although California had been their home for over 50 years with its miles of beautiful beaches, abundant mountains, and endless sunshine, when they approached retirement they felt the cost of living was just too high in CA for how they want to live and travel in their retirement years.

The Charlsons have 5 adult children and several grandchildren in CA so they wanted to live no more than a three-hour flight from Los Angeles. So, in the last few years in preparation for this move they visited many states to see what they had to offer. Lisa and Daryl visited Arizona, Washington, Nevada, Idaho, Utah, and Texas. And they chose Texas hands down!

One of the biggest reasons was the significantly lower cost of living. They found lower utility bills, absolutely amazing people, and the cost to buy or build a custom home at about 50% less than in California. 

They also have a group of friends, 8 couples altogether, who for the Charlsons, are also a part of their family. One by one they have been moving to Montgomery County, Texas and once they started visiting them to see what enticed them to retire to Texas, Lisa and Daryl were hooked too! One of the biggest things they noticed coming to Texas from California are the friendly generous people.

After researching thoroughly for the perfect retirement home, they decided to build exactly what they envisioned. So, the hunt was on for the perfect piece of land to build a dream home on. When they found Republic Grand Ranch, they knew it was where they wanted to build. RGR is such a beautiful development with over 5,000 acres of lush trees, high elevations, and private spacious lots. It was the perfect fit as a master planned community and it offered everything they were looking for, and more.

 Lisa Charlson summed it up in sharing, “The Patten team members we’ve been working with are so caring, and helpful. They go above and beyond every day to make the whole process fun and easy – especially our girl, Andrea, we just love her spunky personality and how great she is to work with. We are super excited about building our dream home and moving to Republic Grand Ranch in Willis, Texas.”

Houston is home to over 20 Fortune 500 company headquarters and one of the largest concentrations of U.S. headquarters locations for companies from around the world. The city is home to top companies including Schlumberger, Sysco, Halliburton, Amazon, Accenture and IBM and Houston’s success as a top global market for headquarters is driven by its business-friendly climate, high-growth population and proximity to diverse professional and corporate services talent.

Houston offers one of the best business climates in the nation, being pro-growth, with low costs and low regulations, and with no corporate or personal income tax at the state level. Companies operating in Houston enjoy one of the lowest overall tax burdens in the country. 

As a great global city, Houston offers incredible connectivity to destinations across the country and around the world, providing daily non-stop flights to more than 190 destinations. Corporate executives living in the Houston region also enjoy a low cost of living while maintaining a high quality of life with amenities of a world-class city. 

As the 7th largest economy in the U.S. and with the nation’s youngest and most diverse talent pool, Houston truly is the top headquarters city of the Americas. 

Communities like Republic Grand Ranch just North of The Woodlands,  the No. 1 best city to live in America, are more in-demand than ever for good reason, as buyers know that life is better when you live in a place you love. Texas communities like this offer a lifestyle without compromises. From a convenient North Houston location to spacious lots and a stunning countryside setting — savvy buyers see the value of purchasing home sites at these leading communities in Texas.   

Click here to book a live virtual tour of Republic Grand Ranch today.

ABOUT PATTEN PROPERTIES
Patten Properties and its partners are recognized as being among the industry’s foremost authorities on real estate investment and development across the nation. Our culture is founded on integrity and professionalism, which we proudly combine with a commitment to creating value and opportunity in today’s exciting real estate environment. Patten Properties is also the developer of Republic Grand Ranch. In addition to outdoor recreation and an idyllic setting, its location North of The Woodlands, the No. 1 best city to live in America, provides easy access to world-class medical facilities, amenities and conveniences, culture and events. 

Call 888-473-5175 or email RepublicGrand@PattenCo.com to learn more about their newest acreage community, Republic Grand Ranch.

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