Are you looking forward to an exciting retirement? Texas’ comfortable climate and low cost of living make it a fantastic place for snowbirds’ destination retirements and for anyone who wants to see their hard earned savings last longer.
You can’t go wrong retiring in Texas. NewHomeSource found the top five Texas cities to retire in.
Top 5 Cities to Retire in Texas
1. Richardson, Texas
Richardson tops the list as the best place in Texas to retire. Located near Dallas, Richardson gives retirees a walkable suburban lifestyle, surrounded by delicious local restaurants, including the Haystack Burgers & Barley and trendy coffee shops. Enjoy the arts at the Eisemann Center, especially during their holiday celebrations. The yearly Cottonwood Art Festival is an exciting, all ages extravaganza, drawing colorful characters and art from all over the nation.
Richardson’s appeal to retirees centers on a low crime rate, lots of year round outdoor activities, great weather, access to world-class health care and the cost of housing. The median home price is $209,500, if you’re looking to buy; the national average is $184,700. Rental rates in Richardson average $1,180, compared to the national rate of $949.
If you like living close to a big city, while living in a great suburban area, Richardson is the place for you.
Want a taste of what it would be like to live in Richardson? Check out amazing new home listings here.
2. Plano, Texas
Plano is a comfortable suburb of the DFW Area, listed as the No. 1 best city to buy a house in America, according to Niche.com. Plano’s lively culture and fantastic public schools make it an ideal city for retirees who want to enjoy their retirement and stay close to their family.
If you want to have an exciting lifestyle during retirement, Plano is the perfect place for you. Its convenient location outside of Dallas, combined with a low cost of living and pleasant climate, make it a city you should definitely consider. The breathtaking bluebonnet trail is a picturesque place for walking, while the Arbor Hills Nature Preserve provides a more strenuous hike. If you’re in the mood for an adult beverage, the Nine Brand Brewery and Four Bullets Brewery are two fun local breweries that serve up good times and great beer.
The median home value for a house in Plano is $248,800, and median rent $1,196, making it an affordable place for retirees. Its low cost of living help savings stretch further, without having to sacrifice lifestyle.
Daydreaming about what retirement life will be like in Plano? Check out a wide variety of new home listings here.
3. The Woodlands, Texas
The Woodlands, just outside of Downtown Houston surrounds residents with beautiful scenery. If you don’t like mature trees, a safe community and easy access to some of the best restaurants, museums and entertainment in the country, then The Woodlands is not the city for you.
For retirees, this safe and welcoming city, is more than just one of the best cities to build a home in Houston, it provides a thriving community and vibrant atmosphere. Its lovely parks make the area incredibly walkable and let you enjoy Texas’ pleasant climate. If you love concerts, the Cynthia Woods Mitchell Pavilion brings the best artist from around the worlds.
If you are looking to retire in The Woodlands, the median home value is $329,800 and median rent is $1,423.
Wondering what your new home in The Woodlands may look like? Check out beautiful new home listings here.
4. Amarillo, Texas
Amarillo is a funky town, picturesquely known for the artsy Carhenge that is a fun place for retirees. The striking Palo Duro Canyon makes for amazing views and exciting hiking.
If your ideal retirement city includes a low cost of living, affordable housing and great weather, head straight to Amarillo. You can visit the Cadillac Ranch, the aforementioned Carhenge, and Palo Duro Canyon for unbeatable experiences.
Amarillo’s low cost of living and affordable housing lets retirees spend less. With median home values at just $120,500, compared to the national median of $184,700, and median rents at $781, almost $200 less per month than the national average, you can make your saving go further.
Time to start shopping for your Amarillo retirement home? Check out all of NewHomeSource.com’s Amarillo new home listings here.
5. El Paso, Texas
El Paso has something for everyone, affordable housing, great weather, beautiful scenery and an exciting culture. This southern city on the Rio Grande makes staying active and engaged during retirement easy.
Explore the mountains of West Texas and enjoy some of the lowest humidity in the state when you retire to El Paso. Find your new favorite museum, like the El Paso Museum of Art, and restaurant, like Tabla. Live life to the fullest and make the most of your newfound freedom as you enter this amazing chapter in your life.
With median home prices and rent much lower than national averages, over $60,000 and almost $200 respectively less than the national medians retirees can make their savings go further. El Paso’s low housing prices mean you can spend your money enjoying your retirement, not on mortgages and rent.
Start shopping for new homes in El Paso today. Click here to browse our listings!
Texas is a great state for retirees! If you love the idea of low taxes and a low cost of living, then you can make your fixed income last longer in Texas. Retirees can also enjoy mild winters and exciting cultural opportunities in thriving Texas cities like Houston and Dallas.
Retirees over the age of 65, or a surviving spouse is at least 55 years old, can obtain a property tax deferment or exemption for their primary residence.
People over the age of 65 can defer their property taxes for their primary homestead.
After graduating in 2016 from The University of Texas with a degree in English, Sanda Brown became a content writer for the BDX with a focus on website copy and content marketing.
At the BDX, Sanda helps write and edit articles on NewHomeSource.com, writes website copy for builders, and manages a team of freelancers that work on additional content needs.