As you can see by my name I live in Austin. I'm a Texas native and moved to Austin in 1990. I've seen it change from a cool little hippie/college/artist town to an overpopulated, overpriced traffic nightmare. "We're full" is what I tell most people wanting to move here.
I actually just got off the phone with my husband who is battling traffic on 183, one of the main drags through town. He wanted me to look up the traffic report for him, since he had been standing still for 20 minutes. His commute would have taken 25 minutes in 1990, now it takes over an hour.
It is very expensive to live in Austin. I live in the suburbs. I still have an Austin address, but I am much closer to Round Rock and Cedar Park. My neighborhood starts in the $400,000 range. My inlaws have a similar sized house in a similar neighborhood in Houston that cost them half that price.
Austin ISD sucks. No bones about it. Round Rock and Leander ISDs all have excellent schools. They are in the burbs and have the most tax dollars, newer schools, less crime, more technology, etc. You said your teen in way into band. Vista Ridge high school in Cedar Park (Leander ISD) has one of the best bands in the area. They are incredible.
There are many great private schools in Austin. High school starts at 9k and goes up to 20k a year. My son is in private school right down the road and loves it. There are less than 400 kids in his high school. Austin also has a number of good magnet schools to consider.
If you work in technology in any way shape or form, you will have no problem getting a job. The majority of parents at my son's school work at either Dell, IBM or Apple. They are the three big boys in town. But, there are more tech companies in Austin than you can shake a stick at. Start-ups a plenty, small tech companies, mid-size tech companies, software, hardware, tech consulting... you name it.
Yes, Austin is known for it's cool vibe. The hipsters love us. But, more than likely, if you have a family you live up where I do where the homes are cheaper. Living near the coolness will cost you so much more. Centrally located home prices are insane, they are right up there with San Francisco. The tech workers have driven prices up here just like in SF.
All that being said, this is our home for 23 years and we are here to stay. I grumble a lot at the newbies jamming up our highways but you don't see me leaving. In a few weeks we have tickets to ACL Fest, a three day music festival in town. It's open air down at Zilker Park. We have tons of these events throughout the year. They make the traffic bearable.
