America's top places to start a new business include 6 Texas cities

Fortune's Most Admired Companies in Texas National rank no. 7 - Southwest Airlines Dallas, Texas

Industry rank: No. 5 - Airlines Source: Fortune Fortune's Most Admired Companies in Texas National rank no. 7 - Southwest Airlines Dallas, Texas

Industry rank: No. 5 - Airlines Source: Fortune Photo: Southwest Airlines Photo: Southwest Airlines Image 1 of / 21 Caption Close America's top places to start a new business include 6 Texas cities 1 / 21 Back to Gallery

According to CNBC, Texas is a good place to launch a new business.

The Metro 20: America's Best Places to Start a Business list was just released, and four Lone Star State cities landed in the top 10.

Austin landed at No. 1, Houston at No. 6, Dallas at No. 8 and San Antonio rounded out the listicle at No. 10.

To determine the ranking, CNBC focused on the 107 metro areas that have a population of 500,000 or more and considered "business location, including tax and regulatory climate, workforce strength, access to capital and the cost of living."

The study's sources include the U.S. Bureau of the Census, U.S. Bureau of Labor Statistics, Energy Information Administration and the Small Business & Entrepreneurship, among others. It also used CNBC's America's Top States for Business 2016 study to determine quality of life and "business friendliness."

Top 10 ranking:

1. Austin, Texas

2. Provo, Utah

3. Washington, D.C.

4. Denver

5. Charlotte, North Carolina

6. Houston

7. Ogden, Utah

8. Dallas

9. Des Moines, Iowa

10. San Antonio

McAllen and El Paso also represent Texas on this list at the No. 12 and No. 16 spots, respectively.