You can get a nice two bedroom 20 minutes from downtown Austin for ~$600k. You can get in on the ground floor and be part of the NIMBY block in 15 years when nobody can afford to live here anymore! :)
Loved Austin when I lived there. I went back earlier this year and it just wasn't the same. The hypergrowth over the past few years has turned moderately annoying traffic into a driving nightmare, which compounds everything because Texas is very car-centric.