Reynolds lived in Dallas for part of her 20s and says she "really enjoyed it. There are lots of cultural activities, really great nightlife -- and the barbecue in Dallas can beat anything."

The northeast Texas city is also home to 10,900-student Southern Methodist University, 17,100-student University of Texas and Dallas and other schools, giving Dallas a large Gen Y population.

All of those young people mean plenty of nightclubs, while the universities also provide lots of spectator-sports opportunities. And of course, Dallas plays host to the legendary Dallas Cowboys football franchise and Dallas Mavericks NBA team.

The 6.3-million-population metro area also offers a 6.8% unemployment rate, a $1,314-a-month average rent and a $204,900 median property price.

There are some 4,600 Dallas houses and condos listed for sale on Realtor.com, priced from $14,900 for a three-bedroom bank-owned home to $29.5 million for a 10-acre estate.

If you liked this article you might like

If You Buy Just One Tech Stock, Make It This Apple Supplier, Jim Cramer Says

Buying Nvidia Now Is Like Getting Intel Way Back in 1993, Jim Cramer Says

GE Is 'One of the Toughest Stocks I've Ever Had to Deal With,' Jim Cramer Says

Nucor Is a 'Pounding-the-Table' Buy Here, Jim Cramer Says

Make Gary Cohn the Next Federal Reserve Chair, Jim Cramer Says