When buying real estate in Texas’ largest cities, it is important to take a closer look at what that property has to offer in terms of long term affordability and features. One thing you’ll appreciate about Frisco TX is that it has a strong record of outstanding value and extensive growth. Though not every city in the state can say it is on a positive upswing in its real estate sector, Frisco can, and that is one of the main reasons so many people are hoping to buy there.
The Collin County Association of Realtors reported that about 58 homes sold in Frisco in the month of August 2019. That is a close to over the 62 properties that sold at the same time in 2018. The average sales price is $486,204 in August 2019 from $464,448 an year ago. Being up 5 percent like this, it’s clear to see there is a lot of demand for real estate in this city.
Frisco has a lot going for it and that’s why this area is doing so well. Even though home values are on the rise, there is a high demand for homes from many families relocating to Frisco looking for higher end homes with excellent schools. The area’s diverse housing option, strong economic conditions and its numerous amenities, proximity to jobs, and good schools (Frisco ISD) all contribute to the value that this city has to offer residents, bringing them in from around the country. Add to this the ability to secure an affordable loan with interest rates that are very low and you can clearly see why this could be the ideal place to buy right now.
Top School District
Frisco ISD is rated A by Texas Education Agency (TEA) and offers numerous exemplary schools.
Frisco, Texas is located 27 miles due north of Dallas, TX along the rapidly expanding North Dallas corridor. The drive time to Dallas varies based on traffic which can be heavy on the Dallas North Tollroad, but in no traffic can be traveled in 30 – 35 minutes.
Several major highways and tollroads run through or border Frisco including:
Dallas North Tollroad
121/Sam Raburn Tollroad
The nearest major airports are
Dallas Fort Worth International Airport (27 min drive – driving map)
Dallas Love Field (29 minutes – driving map)