Web Analytics
top of page

Best Cities in DFW to Buy a New Construction Home Under $700K

  • Writer: Nitin Gupta, CRS, REALTOR
    Nitin Gupta, CRS, REALTOR
  • 3 days ago
  • 5 min read

ree


New-construction homes under $700K in the Dallas–Fort Worth area still present serious opportunity — especially for buyers targeting high-quality finishes, newer communities and strong appreciation potential.This guide highlights the best DFW cities where that budget aligns with value, new build access and future upside in 2025.With the right strategy, you can buy newer construction, avoid older inventory fatigue, and position yourself for growth.



How to Use This Guide

This budget tier stretches farther than entry-level new-construction, allowing for better communities, larger lots, and upgraded finishes. We focused on cities with strong new-home pipelines, good schools, builder competition, and relative affordability compared to ultra-premium markets.



Quick Picks: Best Cities in DFW for New Construction Homes Under $700K (2025)

  • McKinney – Established yet still growth-oriented; premium communities with value tiers

  • Celina – North Tollway corridor luxury growth; large-lot new residences just under $700K

  • Prosper – Rapidly expanding master-plans with new inventory and upgrade-ready floor plans

  • Little Elm – Lake region appeal with newer construction, large lots and value

  • Frisco (select pockets) – Luxury adjacency; phased inventory under $700K if early phase

  • Plano (far north / east) – Premium suburb with builders releasing new inventory in mid-$600Ks

  • Rockwall – Eastern corridor new homes with value and lake access

  • Keller / North Fort Worth luxury fringe – New construction achievable under $700K in certain sections

  • Forney – East-DFW growth market with newer houses under $700K and larger lots

  • Waxahachie – Historic charm + new homes under budget with access to I-35 corridor

  • Aubrey / Pilot Point – North Denton County growth with value, newer builders and strong schools

  • Southlake / Westlake (trophy-lot releases, some inventory) – For buyers ready to move swiftly and capture deal on higher end

  • Midlothian / Mansfield (early phases) – Southwest growth tanks with master-planned communities offering move-in new homes under $700K



Snapshot Table: Where Sub-$700K New Construction Works

City/Suburb

Typical Under $700K Product

Commute Corridor

Why It’s Appealing

McKinney

3–4 bed + upgrade finishes

US-75

Strong schools + new-home quality

Celina

Estate-lot new-builds 3,000+ sq ft

NTTA / US-380

Large lots + growth corridor

Prosper

3–5 bed luxury new-homes

Dallas North Tollway

Master-plans + premium finishes

Little Elm

3–4 bed lake-area new homes

FM 423 / US-380

Value + lifestyle by Lewisville Lake

Frisco (select)

Early-phase new homes under $700K

Dallas North Tollway

Premium suburb, catch early inventory

Plano (far zones)

New homes in mid-$600Ks

Dallas North Tollway

Established luxury market with value tier

Rockwall

3–4 bed new homes under budget

I-30

Lake access + strong builder competition

Keller / North FW

New homes under $700K in luxury fringe

I-35W / Highway 377

Accessibility + land vs price

Forney

3–5 bed newer homes under budget

US-80

East-DFW value + new-community quantity

Waxahachie

3–4 bed new homes under budget

I-35E

Historic town + new-home supply

Aubrey / Pilot Pt

3–4 bed new homes under budget

US-380 / FM 1385

Schools + North-Denton growth

Southlake/Westlake

Early release inventory under $700K

SH 114 / Hwy 170

Luxury adjacency at value if quick

Midlothian/Mansfld

3–4 bed new homes with value

US-67 / I-35W

Southwest growth, new infrastructure

As always, pricing and availability vary by lot, builder phase, finishes, and incentives. Move quickly on preferred inventory.



What You Can Expect at This Price

  • Floor plans: 3–5 bedrooms, 2-3 bathrooms minimum, oversize garages

  • Finish level: Upgraded kitchens (quartz), smart-home features, covered patios, landscaping functionality

  • Lots: 45’–70’ width typical, some large-lot (~1/2 acre) in fringe sections

  • Move-in timeline: Inventory homes may close in 30–60 days, to-be-built 6–12 months

  • Community amenities: Pools, trails, clubhouse—value increases in master plans built later



Buyer Math: What You Should Budget

  • Lot premium often $20K–$50K depending on orientation and location

  • Upgrades (floors, kitchen, smart tech) often 5-8% of base price

  • Annual O&O (ownership & operating) costs:

    • Property tax: ~1.9%–2.5% in many suburbs

    • HOA dues: $400–$1,200/year depending on amenities

    • Home insurance higher for new-build still warrants quote comparison

  • Factor in commute cost, utility rates, and future resale value when evaluating final cost



Paraphrased Market Stats (No External Links)

  • New-home inventory under $700K currently represents a growing share of the DFW market as builder activity shifts to value-driven tiers.

  • Buyer competition remains elevated for under-$700K homes in prime corridors, leading to faster absorption and fewer incentives.

  • Price growth in sub-$700K new-homes is projected to be 6–9% annual over the next 2–3 years in top growth suburbs.



How to Win Under-$700K New-Construction in 2025

  • Get pre-approved and know your builder list

  • Short-list 2–3 cities from this list that match commute + school + budget

  • Tour new-home inventory and builder model homes in the same week to compare

  • Ask for incentives, upgrade credits, and lot premium push-down

  • Order independent inspections and warranty review regardless of new-home status

  • Lock your exit strategy early: resale value in 3–5 years matters as much as today’s move


City-by-City Tips

  • McKinney: Focus on later phases of master plans for better value

  • Celina: Earlier phase lots fetch most value—secure orientation early

  • Prosper: Inventory under $700K may still be limited—act quickly

  • Little Elm: Look for lake-adjacent lot Premiums apply; choose carefully

  • Frisco (select): Move quickly; value tier under $700K is rare and competitive

  • Plano (far zones): Verify builder release timing and lot package

  • Rockwall: Ask for lake equity and infrastructure completion status

  • Keller/North FW: Consider commute trade-off vs land value

  • Forney / Waxahachie / Aubrey / Midlothian: Value zones but check school quality and travel times



Ready to Explore Sub-$700K New Construction?

If you’re ready to dive into new-construction homes under $700K in DFW and want guidance across cities, communities, builder strategy, and timing—let’s connect and map a custom plan.





Final Takeaway

A budget under $700K can still unlock remarkable new-home quality, lifestyle benefit and value in DFW.Focus on city selection, lot orientation, upgrade strategy and timing as your drivers. Do this right—and you’ll get modern construction, quality finish and strong future return, all within your budget.


Quick Links



Call us at 469-269-6541 for more information about Celina real estate!



FIND A LUXURY HOME IN CELINA, TEXAS WITH NITIN GUPTA, BROKER ASSOCIATE, REALTOR®.


When purchasing a luxury home in Celina, Texas, it’s essential to consider factors such as location, architectural style, security, and amenities to ensure the home meets both lifestyle and investment needs. By selecting a property in a prestigious neighborhood with numerous amenities and security measures, buyers can ensure they’re making a valuable and rewarding investment in the vibrant Celina market.


For those looking to invest in luxury homes in Celina, Texas, Nitin Gupta is an expert real estate professional ready to assist. Known for his extensive experience, market insights, and numerous awards, he is committed to finding his clients the best properties in the area.


Contact Nitin Gupta at 469-269-6541 or send a message today to explore exclusive listings and secure your ideal luxury residence in one of Celina's elite communities.




ree



bottom of page