Like most states, it's a mixed bag. Obviously the state has had a lot of success attracting outsiders, but the reasons aren't purely on how the state is run but also hinges on inherent advantages that the state has that others do not (ie. the availability of cheap and easily developable land, the oil and gas reserves that this state has, etc.)
But having said all of that, the response not only to this incident but also to COVID (particularly how the state would impede the ability of local governments to have self-determination) and the February 2021 winter storm really has brought into question the competence of parts of the Texas government IMO. The winter storm, in particular - in a world where partisan polarization isn't what it is, Abbott should lose his job for that performance alone.