Take a look: Transit-Oriented Developments in Dallas’ Suburban Housing Boom
In recent years, Dallas has seen a major boom in suburban housing, and a key driver behind this growth is the rise of transit-oriented developments (TODs).
These developments are designed to be located near public transportation hubs, like DART (Dallas Area Rapid Transit) stations, making it easier for residents to commute to the city while enjoying suburban living.
If you’re thinking about selling your house fast in Houston, looking at what’s happening in Dallas could provide some valuable insights—especially if you’re in a neighborhood near transit options.
What is Transit-Oriented Development (TOD)?
Transit-oriented development is a real estate trend that focuses on building residential, commercial, and recreational spaces close to public transportation hubs, such as train stations or bus terminals.
These developments aim to reduce traffic, promote sustainable living, and make commuting more convenient for residents.
As cities like Dallas expand their transit networks, TODs are becoming increasingly popular, especially in suburban areas.
Why Dallas Suburbs are thriving with TODs?
Dallas' transit network has been expanding rapidly over the past decade, particularly in suburban regions.
With more DART stations opening up in suburbs like Plano, Richardson, and Garland, the housing market in these areas has been booming.
The proximity to public transportation is a huge draw for homebuyers who want the best of both worlds: suburban living with easy access to downtown Dallas.
According to a report from the Dallas Federal Reserve, housing prices in suburbs near DART stations have risen by an average of 6% per year since 2015, outpacing growth in non-TOD areas.
Key Benefits of TODs for homeowners and buyers
Reduced Commute Times: Homes near transit stations are ideal for commuters who want to avoid long drives into the city. The convenience of public transport can be a huge selling point.
Sustainable Living: With more people using public transportation, TODs help reduce traffic congestion and promote eco-friendly living. This can be attractive to environmentally conscious buyers.
Increased Property Values: Homes near TODs tend to appreciate faster, giving homeowners a better return on investment. For sellers, this means you can potentially sell your house faster and at a higher price if it's near a transit hub.
Table: Housing price growth in Dallas Suburbs near transit stations
Suburb | Average Price Growth (2015-2023) | Proximity to DART Station |
Plano | 7% | Within 1 mile |
Richardson | 6.5% | Within 1.5 miles |
Garland | 5.8% | Within 2 miles |
Carrollton | 6% | Within 1 mile |
Selling a home near a transit station
If you’re thinking of selling a home near a transit station—whether it's in Houston or Dallas—the benefits are clear.
Homes near transit hubs tend to sell faster and at higher prices due to their convenience for commuters.
For buyers, the combination of suburban life and easy access to the city makes TODs highly desirable.
In Houston, while the focus is often on cars, areas near public transit are becoming more attractive as the city expands its METRORail system.
Sellers in Houston can take notes from Dallas’ TOD success, particularly if they live near METRORail stations or upcoming transit developments.
Conclusion
Transit-oriented developments are shaping the future of Dallas’ suburban housing boom, offering a more sustainable and convenient lifestyle for residents.
Homebuyers are drawn to the easy access to public transportation, and property values in these areas are rising as a result. If you're looking to sell your house fast in Houston, it might be worth considering how proximity to public transit could impact your sale—and what lessons you can take from Dallas’ booming TOD market.