Little Elm, TX, is a rapidly growing suburb in Denton County, known for its lakefront lifestyle, family-friendly neighborhoods, and proximity to Dallas. While the cost of living is slightly above average, housing remains more affordable than in some nearby cities. Here’s a breakdown of what to expect when living in Little Elm.
1. Housing Costs: Higher Than Average but Growing in Value
Median Home Price: ~$405,100, making homes in Little Elm about 20% higher than the national average.
Rent for a Two-Bedroom Home: ~$2,200 per month, above the national average due to high demand.
Property Taxes: Around 2.2% of home value, similar to other Texas suburbs.
Little Elm offers new construction homes, master-planned communities, and waterfront properties, making it an attractive location for buyers looking for modern homes with suburban convenience.
2. Utilities & Transportation: Mixed Costs
Utility bills in Little Elm are about 12% higher than the national average, mostly due to high energy use in hot summers.
Transportation costs are 10% lower than the national average, with affordable gas prices and minimal public transit options.
Easy access to Dallas via major highways, though commuting can involve toll road expenses.
Most residents rely on personal vehicles, as public transportation is limited.
3. Groceries & Dining: Slightly Below National Average
Grocery prices in Little Elm are about 1% lower than the national average, making everyday essentials more affordable.
Dining options are growing, with more local restaurants, cafes, and national chains expanding in the area.
Little Elm provides a mix of budget-friendly grocery stores and high-end shopping options in nearby Frisco and The Colony.
4. Healthcare Costs: Slightly Higher
Healthcare costs in Little Elm are about 6% higher than the national average.
Residents have access to medical facilities in nearby Frisco, Denton, and Dallas, which offer a wide range of healthcare services.
5. Income & Affordability
Median Household Income: ~$110,218, which is significantly higher than the state average.
Income Needed to Live Comfortably: Estimated at $77,760 for a family and $74,800 for a single person, balancing higher salaries with the cost of living.
Is Little Elm, TX, Worth the Cost?
✅ Yes, if: You want a suburban community with new homes, great schools, and a lakeside lifestyle near Dallas. ❌ No, if: You prefer a more affordable housing market or need strong public transit options.
Little Elm offers growing real estate opportunities, family-friendly living, and a balance of affordability and modern amenities, making it a great choice for homebuyers looking for value in the DFW metroplex.
Call us at 469-269-6541 for more information about Little Elm real estate!
About us: Little Elm New Construction Expert Real Estate Agent
As a Top Real Estate Professional in Little Elm, I understand the challenges that arise when buying a new construction home. There are over 100 builders in the DFW area. I work with most of the new home builders in Little Elm and understand how various builders operate. I am familiar with the options they offer, current incentives and I frequently visit the upcoming communities they are building. I guide my clients through all steps of the new home construction process and aggressively protect their interests in the transaction.
As a holder of top real estate industry certifications and designations like CRS, ABR & GRI, I can offer my clients experience as a Buyer's Agent and REALTOR®, top Industry Customer Service, in-depth, up-to-the-minute and comprehensive market knowledge; honesty, integrity, dedication, and professionalism in my business.
Whether you are a first time buyer in Little Elm looking to buy a home in Fields or whether you are relocating to Little Elm from California or moving your entire family from areas like San Francisco, Fremont, Palo Alto, Los Angeles, San Diego in California due to job transfer with your company, I can help you find a new construction home in Fields in Little Elm. Our relocation team eases the transition - whether you are moving across town or across the globe. We will work with you to find an area that best suits your professional, family and lifestyle needs. We have all the tools you need to help your home search. Whether it is video previews of homes, extended work hours, digital signatures for documents or more, we can make this process as comfortable as possible no matter where you are located.
What is most important to you in your new construction home in Fields in Little Elm? Send us an email at info@NitinGuptaDFW.com or give us a call at (469) 269-6541 to schedule a no obligation consultation. We’ll give you honest advice about Fields community that you can use to help make your home buying decision.
