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Frisco’s Best Neighborhoods for Luxury Homes Under $2 Million

  • Writer: Nitin Gupta, CRS, REALTOR
    Nitin Gupta, CRS, REALTOR
  • Jun 8
  • 3 min read




Frisco is one of the few cities in the country where luxury homebuyers can still find high-end finishes, resort-style amenities, and exceptional location—all under $2 million. Whether you’re relocating, upsizing, or searching for your dream home, this guide covers the best Frisco neighborhoods offering luxury living below the $2M mark in 2025.


Summary of Key Points

  • Frisco offers multiple luxury neighborhoods with homes in the $1M–$2M range.

  • Many of these communities feature gated access, on-site schools, golf, and club amenities.

  • Value is highest in newer phases and relocation-friendly developments.


Top Frisco Neighborhoods Offering Luxury Homes Under $2M


1. Edgestone at Legacy

Overview:Modern luxury living with a community focus. Located near Lebanon Rd and Legacy Dr, Edgestone offers semi-custom homes built by Highland, Coventry, and Shaddock.

Features:

  • Resort-style pool, fitness center, clubhouse

  • Walking trails and greenbelts

  • Strong Frisco ISD zoning

  • Close to The Star and Legacy West

Typical Price Range: $1.1M–$1.8MAvg Home Size: 3,500–5,000+ sq. ft.


2. Lexington Frisco

Overview:One of Frisco’s newest master-planned luxury communities featuring Toll Brothers, Landon, and Shaddock Homes. Ideal for buyers looking for energy-efficient new builds with modern architecture.

Features:

  • On-site elementary school

  • Green space, parks, and clubhouse

  • Tech-enabled luxury homes with modern finishes

Typical Price Range: $1M–$1.9MLot Sizes: 55'–70' lots


3. Hollyhock

Overview:West Frisco’s hidden gem, located just north of Panther Creek. Hollyhock offers luxury homes with access to the upcoming PGA Frisco campus and strong school ratings.

Features:

  • Close proximity to Fields and Fields West

  • HOA-hosted events and fitness facilities

  • Family-friendly with growing resale value

Typical Price Range: $950K–$1.7MBuilder Options: Highland, Britton, Perry


4. Phillips Creek Ranch

Overview:Award-winning master-planned community known for open green spaces, luxury townhomes, and traditional single-family homes with top-tier finishes.

Features:

  • Over 100 acres of green space

  • Amenity center, gym, lap pool

  • Walkability to schools and dining

Typical Price Range: $1.2M–$1.9MHome Styles: Traditional and Transitional


5. The Canals at Grand Park

Overview:Urban luxury in a suburban setting. This walkable neighborhood features brownstone-inspired homes, townhomes, and large single-family homes with architectural variety.

Features:

  • Pedestrian-friendly layout

  • Modern interiors and rooftop decks in some models

  • Close to Frisco Square and Dallas North Tollway

Typical Price Range: $850K–$1.7MIdeal For: Professionals, downsizers, remote workers


Luxury Home Stats (Frisco, 2025)

  • % of Luxury Homes Priced Under $2M: ~62%

  • Avg DOM (Days on Market): 24

  • Price per Sq. Ft.: $300–$370

  • Appreciation Rate (Past 12 Months): 5.3%

  • Most Desired Features: Open floor plans, 3-car garages, media rooms, outdoor kitchens


Tips for Buying Under $2M in Frisco’s Luxury Market

  • Target pre-owned homes in newer communities for extra upgrades and landscaping

  • Builder inventory homes often offer incentives near year-end

  • Lot size and orientation impact value significantly—ask your agent about premium lots

  • Partner with a local luxury expert who can evaluate long-term resale metrics


Work With a Local Luxury Expert Who Knows the Frisco Market

Nitin Gupta, CRS, GRI, REALTOR®, has helped dozens of clients buy luxury homes in Frisco—all with insider knowledge of builder deals, private listings, and school zoning nuances.

Certifications Include:

  • Certified Residential Specialist (CRS)

  • Certified Luxury Home Marketing Specialist

  • Certified New Home Specialist

  • Graduate, REALTOR® Institute (GRI)



Hear What Luxury Buyers Are Saying

Read reviews from recent clients here:https://www.nitinguptadfw.com/reviews


Find the Right Luxury Home in Frisco Today

If you're looking to purchase a luxury home under $2M in one of Frisco’s elite neighborhoods, let Nitin help you navigate builder contracts, neighborhood selection, and negotiations.




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



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


When purchasing a luxury home in   Frisco, 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 Frisco market.


For those looking to invest in luxury homes in Frisco, 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 Frisco’s elite communities.







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