Renting vs Buying in Texas Dilemma of What’s Best for You in 2024?

“Should I rent or buy?” It’s the question nearly everyone asks at some point. And it’s not just about today’s market—it’s about where you are in life and where you’re headed next. That’s where I come in. I’m Robbie English, a REALTOR and Broker with Uncommon Realty. I’ve spent decades mastering real estate so that you don’t have to. I speak at national real estate conferences, teach agents across the country, and most importantly, I guide my clients every step of the way.

This isn’t a one-size-fits-all situation. Choosing between renting vs buying takes more than running some quick numbers or following generic advice. It’s a deeply personal decision. Let’s break down the real factors that matter when considering whether to rent or buy—and how I can help you use that decision to your advantage.

TL;DR – Rent or Buy: How to Make the Right Move for Your Future 

1. Renting offers flexibility and lower upfront costs, ideal for short-term plans.
2. Buying lets you build equity and customize your home but requires long-term commitment.
3. Recurring expenses differ: renters have fixed costs; buyers face maintenance and taxes.
4. Your breakeven point depends on how long you’ll stay, current interest rates, and local trends.
5. Robbie English, Broker and REALTOR at Uncommon Realty, offers unmatched strategic expertise and personalized guidance to help you decide whether renting or buying is right for you.

The Financial Foundation: Understanding Your Real Costs

Renting tends to feel lighter at first. Lower move-in costs and fewer long-term strings attached. No property taxes, no homeowners insurance, no unexpected repairs draining your budget. It’s a smoother start, especially if you’re not certain where you’ll be in the next two or three years.

Buying, on the other hand, asks for more at the front end. You’ll be looking at a down payment, closing costs, and a monthly mortgage. But here’s the key: you’re not just paying to live there. You’re putting money into something that grows in value. Every mortgage payment is a step toward owning more of a tangible asset that could serve you well in the future.

If you’re in Austin or anywhere else in Central Texas, buying also gives you a stake in one of the strongest real estate markets in the country. That’s not fluff—it’s strategic positioning for long-term financial gain. And I’ll help you see exactly where your opportunities lie.

Renting vs Buying: Monthly Commitments Beyond the Surface

When you rent, your costs are predictable. The rent is due on the first, and any repair issues? Not your problem. In most cases, that’s handled by the property owner. If budgeting is your priority and you’d rather not deal with surprise expenses, renting offers a neat package.

But buyers—while they take on a little more unpredictability—gain full control. Your mortgage won’t suddenly jump (unless you’re in an adjustable-rate loan), and the money you’re spending is going into your own future. Yes, there are taxes and yes, things break. But when I work with buyers, I don’t just help you find the house—I help you understand the true monthly costs so you’re never caught off guard.

Owning also gives you the right to improve your property however you choose. No need to ask a landlord if you can paint the walls, mount shelves, or install smart home upgrades. You’re in charge, and with that control comes lasting value.

Strategic Flexibility vs Long-Term Stability

There’s no question: if you know you’ll be moving again soon, renting is often the smarter choice. It keeps your exit options open and your costs flexible. Maybe you’re relocating for work, unsure about a neighborhood, or testing out a new city. Renting gives you breathing room.

But if you’re ready to put down roots—even for just five years—buying opens up doors. It transforms your monthly housing payment into an investment. You won’t get that money back when you rent. But when you own, you’re building something. With the right guidance (and that’s where I come in), it becomes a strategic move—not just a lifestyle choice.

My clients don’t just buy homes. They make moves that are planned and supported by expert advice. That’s the advantage of working with someone who teaches the very agents other buyers rely on. I’ll help you think like an investor, even if it’s your first purchase.

The Breakeven Benchmark: When Ownership Starts Paying Off

Here’s the truth: buying isn’t immediately “cheaper.” It usually takes a few years for the financial scales to tip in your favor. But once they do, owning a home often becomes the far better deal.

This breakeven point depends on your mortgage rate, how much you put down, what your local market is doing, and how long you plan to stay. As your agent and advocate, I run those numbers with precision—not guesswork. No two situations are alike, and the rent or buy decision shouldn’t be based on national trends. It should be based on your goals.

I’ve seen clients who only planned to stay in Austin for three years, only to fall in love with their home and neighborhood. Owning became the best decision they could have made—and they didn’t see that coming. With the right guidance, you don’t have to rely on “what ifs.” You’ll know exactly what works best, and why.

Renting vs Buying: The Long-Term Game Plan

Renting isn’t throwing money away. That’s a myth. In the short term, renting might be the most financially responsible move you can make. But owning builds wealth. It’s not instant, and it’s not magic—but it is real.

When you own, your property becomes part of your financial profile. You’re creating leverage. Whether it’s refinancing, leveraging home equity later on, or simply having the freedom to sell when the time is right, ownership opens options that renting doesn’t.

Think of it like this: renting is a great way to pause and assess. Buying is how you play to win.

And if you’re going to play to win, you want someone who has walked that path countless times—someone who teaches others how to do it. That’s me. Robbie English. And my team? We’re not here to push one option or the other. We’re here to help you see clearly. We listen first, advise second, and always make sure your real estate decisions move you forward.

Why Work with Robbie English?

You might be asking: why Robbie? Why not just search listings on your own or go with someone you know?

Because I don’t take shortcuts. I’ve spent years refining my approach to serve clients better, smarter, and more strategically than the average agent. I’ve trained agents across the nation in best practices, compliance, negotiations, and client care. I understand the real estate business from the inside out—and I use that knowledge for you.

I’m not here to sell you on anything. I’m here to guide you through one of the most important financial decisions of your life. Whether that means finding a high-performing rental or locking in the right purchase, I make sure you’re not navigating blind.

Clients come to me because they want clarity. They stay with me because they get results.

What Makes Us Different

At Uncommon Realty, we don’t treat real estate as a side gig. It’s a discipline we’ve mastered. My team and I bring structure, insight, and fierce advocacy to every conversation. When we help you decide whether to rent or buy, it’s not just about housing—it’s about strategy.

You’ll get:

• Personal advice tailored to your financial goals
• Clear breakdowns of all costs—no surprises
• Education and empowerment, not pressure
• Direct access to the resources and tools I use to teach agents nationally

I believe that making a smart real estate move doesn’t have to be stressful. With the right advocate—someone who actually knows what they’re doing—you’ll not only feel confident in your choice, you’ll feel proud of it.

So… Should You Rent or Buy?

That’s not something a website—or even an article like this—can fully answer for you. But now, you’re armed with the right framework. You know what matters. You’ve seen the trade-offs. And you know that renting vs buying isn’t about right or wrong—it’s about right for you.

This decision is about much more than walls and roofs. It’s about control, direction, investment, and peace of mind. If you’re ready to have a real conversation about where to go from here, I’m ready to listen and help.

Reach out. Let’s talk through your goals. Let’s figure out whether you should rent or buy. And let’s do it with intention.

Because when you work with me, Robbie English, you don’t just get another agent. You get a strategist. You get an advocate. You get results with Uncommon Realty.