2 0 1 5 D A L L A S ECONOMIC DEVELOPMENT G U I D E 1 5 7

HOUSING | 

HOUSING CHOICES

$189,9904 BEDS 2 BATHS $245,0003 BEDS

2.1 BATHS

4 BEDS 3.1 BATHS $529,900

$820,0007 BEDS 8 BATHS $1,185,0005 BEDS

4.1 BATHS $1,255,0005 BEDS 5.1 BATHS

7,160 SQ FT [665 SQ M]

GARLAND

5,933 SQ FT [551 SQ M]

SOUTHLAKE

1,770 SQ FT [165 SQ M]FRISCO

2,248 SQ FT [209 SQ M]

MCKINNEY

5,928 SQ FT [551 SQ M]PLANO

3,516 SQ FT [327 SQ M]

NORTH DALLAS

$235,0003 BEDS 2.1 BATHS

2,175 SQ FT [202 SQ M]PLANO

$498,5004 BEDS 3.1 BATHS

3,285 SQ FT [305 SQ M]

COLLEYVILLE

$499,9905 BEDS 4 BATHS

3,696 SQ FT [343 SQ M]ALLEN

PHO

TO: EB

BY H

ALLIDAY

PHO

TO: EB

BY H

ALLIDAY

PHO

TO: EB

BY H

ALLIDAY

PHO

TO: EB

BY H

ALLIDAY

PHO

TO: EB

BY H

ALLIDAY

PHO

TO: B

RIGGS FR

EEMAN

PHO

TO: B

RIGGS FR

EEMAN

PHO

TO: B

RIGGS FR

EEMAN

PHO

TO: B

RIGGS FR

EEMAN

D A L L A S ECONOMIC DEVELOPMENT G U I D E 2 0 1 51 5 6

HOUSING CHOICESThe Dallas and Fort Worth areas boast convenience and charm in lifestyle and housing opportunities. Whether you are a temporary business traveler or a family of fi ve, the region off ers diverse housing options for individuals and families of all sizes.

If you lean toward urban chic, relocate to a trendy urban loft complete with skyline views and downtown ambience. The newest trend in DFW housing takes place above shops, restaurants and movie theaters in numerous condominium and loft communities scattered throughout the area. Established neighborhoods with abundant choices of single-family homes abound. Or, for a more relaxed small-town feel, neighboring communities provide homegrown pride mixed with big-city conveniences and friendly neighbors. Dallas and Fort Worth off er unique options perfect for any size family. Whatever your style, Dallas–Fort Worth has the home for you.

HOW MUCH HOUSE CAN I BUY?

$365,0001 BED 1 BATH

$158,000$145,000 3 BEDS 2 BATHS

3 BEDS 2 BATHS

4 BEDS 4.1 BATHS $599,900 $698,5003 BEDS

2.1 BATHS

1,625 SQ FT [151 SQ M]

ARLINGTON

1,260 SQ FT [117 SQ M]

UPTOWN DALLAS

4,907 SQ FT [456 SQ M]

KENNEDALE

2,964 SQ FT [275 SQ M]

PARK CITIES

1,488 SQ FT [138 SQ M]

CARROLLTON

$492,0004 BEDS 4 BATHS

3,872 SQ FT [360 SQ M]

FLOWER MOUND

PHO

TO: B

RIGGS FR

EEMAN

PHO

TO: B

RIGGS FR

EEMAN

PHO

TO: B

RIGGS FR

EEMAN

PHO

TO: B

RIGGS FR

EEMAN

PHO

TO: B

RIGGS FR

EEMAN

PHO

TO: EB

BY H

ALLIDAY

2 0 1 5 D A L L A S ECONOMIC DEVELOPMENT G U I D E

HOUSING | 

HOUSING CHOICES

1 5 9

NEW SUBDIVISIONS

635

820

35W

35E

75

80

175

360

183

114

78

12

30

30

45

20

20

635

820

35W

35W

35E

35E

75

80

175

360

183

114

161

121

78

12

30

30

45

35

20

20

121

35W

35E

75

57

8

21

22

25

176

23

12

13

10

15

18

42

19

11

16

9

3 14

24

20

1

TOP 25 SUBDIVISIONS (2013-2014)RANKED BY NUMBER OF NEW HOME STARTS

NUMBER OF STARTS

260-383

169-259

146-168

125-145

116-124

1 WESTRIDGE . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . $286,681

2 PHILLIPS CREEK RANCH . . . . . . . . . . . . . . . . . . $480,087

3 SUNSET POINTE . . . . . . . . . . . . . . . . . . . . . . . . . . . .$287,353

4 RICHWOODS . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . $505,020

5 PALOMA CREEK . . . . . . . . . . . . . . . . . . . . . . . . . . . .$172,939

6 TROPHY CLUB . . . . . . . . . . . . . . . . . . . . . . . . . . . . . $428,271

7 CROSS OAK RANCH . . . . . . . . . . . . . . . . . . . . . . . $202,867

8 LANTANA . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . $332,553

9 FRISCO LAKES . . . . . . . . . . . . . . . . . . . . . . . . . . . . .$257,000

10 VIRIDIAN . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .$344,814

11 NORTHPOINTE CROSSING . . . . . . . . . . . . . . . . . $168,506

12 WEST FORK RANCH . . . . . . . . . . . . . . . . . . . . . . . $198,106

13 MARINE CREEK RANCH . . . . . . . . . . . . . . . . . . . . $241,610

14 VILLAGES AT WILLOW BAY . . . . . . . . . . . . . . . . $415,779

15 MIRA LAGOS . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . $312,534

16 FRISCO HILLS . . . . . . . . . . . . . . . . . . . . . . . . . . . . . $269,667

17 CASTLE HILLS . . . . . . . . . . . . . . . . . . . . . . . . . . . . . $384,863

18 WILLIAMSBURG . . . . . . . . . . . . . . . . . . . . . . . . . . . $241,859

19 VILLAGES OF STONELAKE ESTATES . . . . . . . $476,776

20 TRIBUTE . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .$425,757

21 PRESTWYCK . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .$287,850

22 LIGHT FARMS . . . . . . . . . . . . . . . . . . . . . . . . . . . . . $380,328

23 ROLLING MEADOWS EAST . . . . . . . . . . . . . . . . $202,023

24 LAWLER PARK . . . . . . . . . . . . . . . . . . . . . . . . . . . . . $483,079

25 SAVANNAH . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . $226,220

SOURCE: Metrostudy

SUBDIVISION AVERAGE SALES PRICE SUBDIVISION AVERAGE SALES PRICE

AVERAGE SALES PRICES (Ranked by new home starts)

D A L L A S ECONOMIC DEVELOPMENT G U I D E 2 0 1 51 5 8

Apartment dwelling in the DFW area depends on your preferences. All types and sizes are found throughout our region. Communities range from traditional apartment complexes to luxury high-rise buildings to large-scale communities with every bell and whistle imaginable (including someone who will come and change a blown light bulb!). Some newer apartment communities off er amenities such as dog runs, workout facilities, tanning services and community activities ranging from movies on the lawn to wine tastings to Monday Night Football parties. In recent years, mixed-use communities—which include not only multiple apartment buildings, but also restaurants, shops, movie theaters and underground parking—have popped up all over, appealing to a segment of people who desire an urban, walkable neighborhood experience without the responsibilities of homeownership.

HOUS

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| HO

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G CH

OICE

S

1 5 8

APARTMENT COSTS

635

820

35W

35E

75

80

175

360

183

114

78

12

30

30

45

20

20

635

820

35W

35W

35E

35E

75

80

175

360

183

114

161

121

78

12

30

30

45

35

20

20

121

35W

35E

75

TWO-BEDROOM RENT RATES

< $844

$845-$1,074

$1,075-$1,359

$1,360-$1,945

$1,946-$3,389

AVERAGEMONTHLY RENT

SOURCE: Axiometrics