You could buy raw land or lots in the path of development.
Land and lots usually move in the same direction as house prices, except more. Witness the plunging lot prices in the inland empire.
Advantages compared to a house: no tenant problems, maintenance, etc. Disadvantage: Texas has high property taxes.
Not clear from your question whether you’d move there or not. Owning & managing from afar is seldom a good idea.
