Fast-Growing Cities

While Los Angeles and New York City continue to lure residents at the fastest clip, San Antonio, Phoenix and Houston are among the top five fastest-growing U.S. cities, according to the latest U.S. Census Data. A look at three homes selling for about $350,000.

* * *

LOCATION/PRICE: San Antonio/$349,900

PROPERTY TAX: $8,227 per year

THE PROPERTY: 2,429 square feet with 3 bedrooms and 3 baths

DESCRIPTION: Built in 1956, the single-story house is located on a corner lot in Terrell Hills, a highly sought-out neighborhood in San Antonio. It has hardwood floors throughout, brick-wall interior, and a family room with two sets of glass doors: one opens onto the patio, one onto the yard.

NOTABLE: This home is located in one of the city's best public-school systems. The Alamo, the most popular tourist attraction in Texas, is located less than five miles away.

* * *

LOCATION/PRICE: Phoenix/$350,000

PROPERTY TAX: About 1%*

THE PROPERTY: 2,314 square feet with 3 bedrooms and 2 baths

DESCRIPTION: Built in 2004, this home, which has never been lived in, has maple cabinets in the kitchen, a flat top-range stove, and multipane windows. It's located in north-central Phoenix, the newest part of the valley, and is close to Loop 101, which forms a circle around the city.

NOTABLE: Like sun? Phoenix averages 211 clear days a year. It's located in Maricopa County, the second-fastest-growing county in the U.S.

* * *

LOCATION/PRICE: Houston/$349,900

PROPERTY TAX: $7,602 per year

THE PROPERTY: 1,708 square feet with 3 bedrooms and 2 baths

DESCRIPTION: Built in the 1920s, this newly renovated home in Houston Heights features a large formal dining room and a master bedroom with French doors that open onto the deck and pool. Property is enclosed by a wrought-iron fence.

NOTABLE: Property values have more than doubled during the past 10 years, yet Houston still has one of the lowest costs of living among major U.S. cities.

* Note: New home hasn't yet been assessed.

Sources: www.phyllisbrowning.com, www.westusarealty.com, www.karenderr.com.

Email your comments to rjeditor@dowjones.com.