In the past decade, Texas has become a magnet for entrepreneurs and corporations enticed by the state's business-friendly practices and lack of income tax.
Since the pandemic started, this influx has ramped up even more: Elon Musk, Oracle Corp., and Hewlett-Packard are just a handful of the entities that have relocated to Texas in the past year. And homebuyer demand from out-of-state residents has jumped to a record high.