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What makes North Texas real estate so hot?

Today ranked the country’s fourth-largest metro area, North Texas has welcomed over 1 million new residents over a period of eight years alone. As much as a third of those who move to the state of Texas, numbering some 1,000 people a day, choose to settle down in the Dallas-Fort Worth area. Not surprisingly, the real estate market here has been booming and shows no sign of slowing down in 2020.

North Texas includes 12 counties and cities that stretch over an area of 9,286 square miles. It is the largest inland land area in the entire US. Frisco and McKinney, in particular, are seeing tremendous growth: What used to be nothing but farm stops are today continuously being converted into an explosion of apartments and homes.

What is it, exactly, that makes moving to North Texas a fantastic idea?

Living in North Texas

Mild winters, lots of trees and an abundance of sunshine all make living in North Texas the cat’s meow. Not surprisingly, a wealth of majestic homes costing a fraction that of similar homes in cities like New York are being snapped up left and right.

A pulsing business environment certainly has got a lot to do with people wanting to move here. But with a wide range of affordable housing and excellent public schools as well, settling down in North Texas is practically a no-brainer.

Hot-selling homes

Nearly 44% of the half-a-million households in Dallas can claim to own their homes. The hottest selling properties are vintage homes, many conveniently found near the best restaurants and boutiques in town.

Across the Metroplex is a rich selection of townhomes as well as jaw-dropping mansions. Over to the north is the fast-growing Frisco-McKinney-Allen area, where Toyota USA has set up its North American headquarters. Here you’ll find unique planned communities that will appeal to those most suited to a contemporary lifestyle.

Dallas has a great selection of mid-century modern open floor plan homes that can be had for practically a steal. What’s more, if you love the equestrian lifestyle, you can even keep a horse (or more) right on your property—one horse per acre is the limit, though.

South of downtown Dallas lies hilly Oak Cliff. Bishop Arts in Oak Cliff–once the warehouse district–is now a hip venue where farm-to-table restaurants, artisans, and a seemingly endless variety of shops and theaters reign supreme. Then there’s the West 7th district in Fort Worth, close to famous museums, where beautifully renovated bungalows abound.

The high life

High-rise living has also come into its own in a huge way. The iconic Museum Tower and Hall Arts Residences, a new 28-story luxury high-rise, both in the center of the Arts District, now offer residents the opportunity to own a piece of downtown Dallas.

Even with the population surge, you’ll be spoiled for choice when it comes to homes that offer great value in North Texas. You just need to know where to look.

Interested in luxury property in North Texas?

Looking to find the perfect luxury property? Sarah Boyd and Company can help you explore your options in North Texas. Our inventory includes luxury vintage homes, horse ranches, waterfront homes, homes with lots of acreage and more. Connect with the team today to get started.

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