What about Austin area real estate?

Besides the talk of politics, what about Austin area real estate?

Many real estate investors focus a lot on Houston, El Paso, Dallas, but not too much on Austin, Texas.

Austin, Texas: Basic Facts
Chartered back in 1839 as the capital of Texas, Austin became the state capital when Texas was admitted to the Union in 1846 as the 28th state. Austin is now the 4th largest city in the state and the 16th most populous city in the nation.

Located in Travis County, the Austin-San Marcos Metropolitan Statistical Area includes Bastrop, Caldwell, Hays, Travis, and Williamson Counties. 

Austin is approximately 230 miles from Mexico and less than 200 miles from 3 of the 10 largest U.S. cities (192 miles from Dallas to its north, 79 miles from San Antonio to its south, and 162 miles from Houston to its southeast). 

Occupying a land area of 271.8 square miles, Austin had a 2000 census population of 656, 562. The current population of Austin, as of April 1, 2002, is 680, 899 - 52.9 percent white, 30.5 percent Hispanic, 9.8 percent African American and 4.7 percent Asian and 2.1 percent other. (1, 306, 627 in the Austin Metropolitan Statistical Area). Austin averages 300 days of sunshine each year and about 33.78 inches of rainfall. It rarely snows in Austin.

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