HomeAustin / San Antonio › Research

Moving from New York to Texas — 55+ Retirement Guide

The honest financial comparison, what your New York equity buys in the Austin-San Antonio corridor, and the practical steps before you list your home

Have questions about what you're reading? A specialist can walk you through real costs, honest comparisons, and what's actually available right now — free, no obligation.

Talk to a Specialist →

Why New York Buyers Are Moving to Texas

New York State income tax reaches 10.9% at higher income levels. New York City residents pay an additional city income tax. Combined state and city income tax on $150,000 in retirement income can reach $15,000–$20,000/year. Texas takes $0 on all of it. Add Long Island, Westchester, and New York City metro property taxes — routinely $12,000–$18,000/year on modest homes — and the arithmetic of staying in New York in retirement becomes increasingly difficult to justify. Texas offers the total escape: no income tax, dramatically lower property taxes, and 55+ communities built for the lifestyle buyers in New York can only partially access.

The Tax Comparison

Tax CategoryNew York (suburban metro)Texas (65+ primary)
State + city income tax on $150K income~$12,000–$18,000/yr$0
Property tax on $500K home~$12,000–$18,000/yr~$4,800–$6,500/yr
Total annual savings moving to TX~$14,000–$24,500/yr

For NYC metro buyers with significant retirement income, the combined income and property tax savings rival any market in the country. $15,000–$24,000/year compounding over 20 years represents $300,000–$480,000 in tax savings — more than the price of many Sun City Texas homes purchased at the entry level.

What Your New York Equity Buys in Texas

Long Island and Westchester homeowners who purchased pre-2010 frequently carry $400,000–$800,000 in equity. NYC buyers with co-ops or condos may have $300,000–$600,000. This equity nearly always allows a full-cash purchase in the Sun City Texas or Kissing Tree price range, with money remaining. The financial transformation for NYC metro buyers moving to Sun City Texas is among the most dramatic of any feeder market.

Texas CommunityPrice RangeHOABest For
Sun City Texas (Georgetown)\$300K–\$700K~\$100/moValue, 54-hole golf, maximum amenity scale
Kissing Tree (San Marcos)\$350K–\$700K~\$263/moHill Country terrain, halfway between Austin and San Antonio
Trilogy at Rough Hollow\$600K–\$1.5M+\$350–\$450/moLake Travis access, luxury product, closest to Austin
Villas at Kissing Tree\$270K–\$450K\$255/mo (lawn incl.)Best value entry to Kissing Tree amenities
🎯
Free · No Obligation · Vetted Agents

Ready to move from research to real conversations about this community?

We connect buyers with agents who know this market from the inside — real cost math, honest comparisons, and what's actually happening right now. Every agent is personally vetted by the Nova55Living founder. No scripts, no pressure.

Top Community Recommendation for New York Buyers

New York buyers overwhelmingly land at Sun City Texas or Kissing Tree. Sun City for the financial optimization and scale. Kissing Tree for buyers who want the Hill Country terrain and a community feel that resembles more closely the suburb they are leaving — newer, better-landscaped, with a restaurant and amenity campus that feels intentional rather than massive.

Steps Before You List Your New York Home

  1. Consult a CPA with multi-state experience to model your full tax picture — Texas income tax savings, Texas property tax increase, and any state-specific capital gains considerations on your home sale
  2. Research Medicare plan availability in Williamson County (Georgetown) or Hays County (San Marcos) — plans and networks differ from your current state
  3. Plan a stay-and-play visit of at least 5–7 days — not a weekend — to experience the Austin-area traffic, heat, and community feel in the actual conditions you will live in
  4. Get pre-qualified with a Texas lender; NY jumbo loan standards and Texas lender practices differ
  5. Identify replacement specialists in the Austin or San Antonio metro for any medical conditions you are currently managing
  6. File Form 50-114 with your county appraisal district within your first tax year to establish homestead and over-65 exemptions

Also Worth Reading

Sun City Texas Guide →Kissing Tree Guide →Texas Property Tax Guide →Texas Income Tax Guide →

Ready to Model Your New York to Texas Move?

Tell us your New York home value, income profile, and target Texas community — we'll run the full financial comparison.

Get Your Numbers
Free Consultation · Vetted Agents · No Obligation

Ready to take the next step on
the right 55+ community?

Connect with a specialist who knows this market from the inside — real cost math, honest community comparisons, and what's actually happening right now. Every agent is personally vetted by the Nova55Living founder.

Connect with a Specialist →
Personally vetted by the Nova55Living founderNo scripts. No pressure.Always free