The continuing accelerated population growth in Austin, Texas makes it a prime market for the real estate industry.  The migration of people to the southern states and the State of Texas, in particular, is incredibly robust.  Austin is expected to grow faster than any other large U.S. city in the next 25 years. The population of the Austin metro area has grown by 1 million people in the last 15 years, doubling in size from 1 million to 2 million people.  It is expected to grow by another 1 million people in the next 15 years, bringing its total population to 3 million people by 2030.  Austin’s population is expected to reach 4 million people by 2040.