North Dallas Suburban Expansion: Key Areas for Property Investment
North Dallas is rapidly becoming a hot spot for real estate investors, and it’s easy to see why.
With expanding suburbs, improving infrastructure, and an influx of new residents, this area is growing fast.
Whether you're looking to sell your house fast in Houston or thinking about expanding your investment portfolio to North Dallas, understanding the key areas for property investment can help you make the right moves.
Why North Dallas is totally booming?
North Dallas is seeing a surge in development for several reasons. First, the region's suburban communities offer more space, quieter living environments, and excellent schools, which are especially attractive to families.
Additionally, as Dallas continues to expand, these suburban areas are benefiting from improved infrastructure and access to the city's job market, making it a prime location for both homebuyers and renters.
According to data from the Texas A&M Real Estate Research Center, the Dallas-Fort Worth area saw a 6.4% increase in home prices in the past year, with many North Dallas suburbs leading the way.
Key Areas for Property Investment
If you're interested in North Dallas real estate investment, here are some key suburban areas to keep an eye on:
1. Frisco
Frisco has been one of the fastest-growing cities in the U.S. for the past decade. With excellent schools, a thriving economy, and proximity to major corporations, Frisco is a hot spot for property investment. Investors can expect high rental demand as well as steady property value appreciation.
2. McKinney
McKinney has also seen substantial growth, offering a mix of historic charm and modern amenities. With large residential developments popping up, it’s attracting families and young professionals alike.
The city’s population has grown by 60% since 2010, making it a great spot for both short-term flips and long-term investments.
3. Plano
Plano is a well-established suburb with a strong job market, thanks to the presence of major companies like Toyota and FedEx. Property values in Plano have consistently risen, making it a stable option for investors. The city's combination of urban amenities and suburban comfort continues to attract buyers.
4. Allen
Allen offers a smaller-town feel while still being close to Dallas. Its well-regarded schools and family-friendly environment make it attractive to long-term renters and buyers. Over the past five years, home prices in Allen have increased by 8% annually on average.
Property Price Trends in North Dallas Suburbs
| Suburb | Population Growth (2010-2023) | Avg. Home Price (2023) | Annual Price Growth |
| Frisco | 71% | $550,000 | 7% |
| McKinney | 60% | $475,000 | 6% |
| Plano | 20% | $525,000 | 5% |
| Allen | 30% | $500,000 | 8% |
Conclusion
North Dallas is a growing region full of opportunities for real estate investors. Whether you're looking to flip homes or hold long-term rental properties, areas like Frisco, McKinney, Plano, and Allen offer strong potential.
Keep an eye on these key suburbs to maximize your investment returns, especially if you're ready to sell your house fast in Houston and reinvest in this thriving market.