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New Construction Homes in Frisco Under $500,000: Your Guide to Smart Buying

  • Writer: Nitin Gupta, CRS, REALTOR
    Nitin Gupta, CRS, REALTOR
  • Sep 11
  • 3 min read

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Finding new construction homes in Frisco under $500,000 is possible, but requires timing, knowledge, and the right guidance. Frisco continues to be one of the fastest-growing suburbs in DFW, attracting families, executives, and relocating buyers. With rising prices, homes below $500K are competitive, but they exist—especially if you’re open to townhomes, smaller single-family homes, and edge-of-city developments.



Why Frisco Is in High Demand

Frisco has consistently ranked as one of the best places to live in Texas, with highly rated schools, master-planned communities, and strong job growth. Buyers seek Frisco because of:

  • Excellent schools (Frisco ISD among the top-rated districts in Texas)

  • Access to entertainment, shopping, and dining hubs like The Star and Stonebriar Centre

  • Expansive master-planned communities with amenities like pools, parks, and trails

  • Proximity to Dallas, Plano, and major employers


The Challenge of Staying Under $500,000

Frisco’s rapid appreciation has pushed many new homes above $600K, especially in luxury and master-planned communities. To find opportunities under $500K, buyers often need to adjust expectations:

  • Smaller square footage (1,800–2,200 sq ft)

  • More compact lot sizes

  • Standard builder finishes rather than luxury upgrades

  • Townhomes or entry-level single-family homes


Market Statistics That Matter

  • Median home price in Frisco has risen to over $650,000.

  • Townhomes and smaller-lot single-family homes remain the main options under $500,000.

  • Homes in this range average 3 bedrooms, 2.5 bathrooms, and ~2,000 sq ft.

  • Inventory under $500K is often less than 10% of active new construction listings in Frisco.


Communities Where You Can Still Find New Construction Under $500,000

Community

Type of Homes

Price Range

Key Features

Hazelwood

Townhomes

$430K–$495K

2–3 bedrooms, modern layouts, low maintenance

Village on Main Street

Townhomes

$450K–$499K

Close to central Frisco amenities

North Frisco Edge Developments

Smaller single-family

$480K–$500K

Compact lots, quick move-in availability

Tips for Buying in This Price Range

  • Get Pre-Approved Early: Builders often release limited inventory under $500K, and it sells fast.

  • Be Flexible: Townhomes and smaller lots may be the most realistic path.

  • Leverage Builder Incentives: Many builders offer closing cost credits or upgrades to attract buyers.

  • Act Quickly: Inventory in this price point can go under contract within days.

  • Work with a Realtor® with Certifications: Partner with an agent like Nitin Gupta, who holds CRS, GRI, and CLHMS designations, ensuring expert guidance in both luxury and new construction markets.


Why Work With Nitin Gupta, Broker Associate, REALTOR®

Choosing the right representation makes the difference between landing the perfect home or missing out.

Nitin Gupta offers:

  • Certified Residential Specialist (CRS) designation – top 3% of agents nationwide

  • Graduate, REALTOR® Institute (GRI) – advanced real estate knowledge

  • Certified Luxury Home Marketing Specialist (CLHMS) – specialized in high-value transactions

Learn more about Nitin’s expertise here:https://www.nitinguptadfw.com/dallas-realtor-designations

See what clients are saying about working with Nitin:https://www.nitinguptadfw.com/reviews


Action Plan for Buyers

If you are serious about purchasing new construction in Frisco under $500,000, here are the steps:

  • Review your budget and get pre-approved.

  • Explore townhome and smaller-lot options.

  • Get on interest lists for upcoming phases.

  • Tour communities in person to confirm location and finishes.

  • Connect with Nitin Gupta for VIP builder updates and private showings.


Next Steps

Frisco remains one of the best investments in DFW real estate. Even under $500K, buyers can secure modern, energy-efficient homes in a thriving community. But opportunities are limited—working with a seasoned Realtor® ensures you don’t miss them.

Get started today by contacting Nitin Gupta here:https://www.nitinguptadfw.com/contact



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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