Investing

Harris County ranks as Texas’ best for investing in real estate

SmartAsset's second annual list of best counties for real estate investment measured business, GDP growth and more
  • For the second year in a row, Williams, North Dakota, ranked as the top county in the nation for real estate investment by SmartAsset.
  • Five Texas counties ranked in the top 10 for the nation's best real estate investment communities.
  • Harris County is the top county in the state of Texas for real estate investing, followed by Collin County and Travis County.

Investing in real estate can have big rewards, but also big risks. When calculating the next place to look for an investment property or aiding a client in the hunt, it's important to consider local economic conditions like business growth, new building permits and gross domestic product (GDP) growth. SmartAsset recently released its second annual list of the top counties for real estate investment based on the investment in the local community, measuring growth conditions for four specific components, all of which were measured equally and combined to find the final ranking of cities. The final ranking is the Incoming Investment Index, and the county with the largest gain of investment received a 100. The county with the lowest amount of incoming investment had an index of 0. For the second year in a row, Williams in North Dakota ranked as the top county in the country for investment. The community saw a 37.7 percent growth in businesses since 2015, $664 million in GDP growth...