Advantages of purchasing real estate in Ingram, Texas include:

1. Lower cost of living: Compared to large cities, the cost of living in Ingram, Texas can be much cheaper.

2. Quality of life: Ingram offers a relaxed and peaceful atmosphere, away from the hustle and bustle of big cities.

3. Natural beauty: Ingram is surrounded by picturesque hills and forests, as well as stunning natural landmarks like the Guadalupe River.

4. Outdoor activities: Ingram is a great location for outdoor activities like hiking, fishing, and camping.

5. Community: The small-town atmosphere of Ingram encourages a strong sense of community.

Disadvantages of purchasing real estate in Ingram, Texas include:

1. Limited Job opportunities: With a small population and limited access to large cities, job opportunities can be scarce.

2. Limited amenities: The commercial industry in Ingram is smaller when compared to larger cities. This means that shopping, dining and entertainment opportunities may be limited.

3. Extreme weather: Texas summers are hot and winters can be cold. Ingram can be at risk of natural disasters like droughts, flash flooding, and tornadoes.

4. Infrastructure: As with most small towns, Ingram may have limited infrastructure compared to big cities.

5. Resale value: The resale value of properties might be low in Ingram as the population and demand for housing is limited.