I bought a Briggs 10000 watt portable unit with a 50 amp outlet in 2006. I can power most of my house if needed. At the time I wanted a 7500 watt unit, but I couldn't find any available with a 50amp outlet. It uses about a gallon an hour under half load. It is somewhat loud, but its not that bad.
I would get the biggest amp outlet you can afford if you plan on running a lot of appliances. I have a well, two fridges, two air handler units, oil furnace. I have a bunch of circuits on and lights on my transfer switch. AC is something I don't need when the power goes out, but I don't live in TX lol. If you have a well, when the pump kicks on it uses a lot of power. Don't forget, things like a coffee maker, microwave, hair dryers etc use 1200-1500 watts each. This stuff can add up quickly especially if the family is getting ready for school/work.
Don't buy a generator based of the cheapest price. Figure out what you really want to run and how many watts each appliance uses. Then price out transfer switches and the cable to run from your generator to the transfer switch. This stuff cost almost as much as a some smaller generators. If you back feed it through say the dryer outlet, make sure you have some type of service disconnect or your going to zap the lineman.
Honda makes the best ones in my opinion, but they are double in price. Northstar from Northern tool seems decent as well, but they are expensive. I have a Briggs generator which is similar to Generac. I think Generac would be the best bang for the buck.