Thriving Dallas suburb boasts 7th hottest neighborhood for U.S. homebuyers
The population of Forney climbed 60 percent from 2010 to 2020, and the growth shows no signs of letting up. A new report from residential real estate platform Opendoor provides further evidence of the continued popularity of the Dallas suburb.
Forney's 75126 ZIP code ranks seventh on Opendoor’s new list of the country’s 10 most popular ZIP codes for homebuyers. To develop the list, Opendoor analyzed home sales in 2021 in the more than 40 markets where it operates brokerages.
“Like the other Texas ZIPs on the list, Forney is a great place for young families and offers top-notch local school districts,” says Sharon Brown, Opendoor’s general manager in Dallas-Fort Worth. “The homes in Forney are on large lots and are showing consistent appreciation, which is great for those looking to make an investment in a home and put down roots.”
This is the same Forney that last year was ranked second on "The Best Suburbs to Move to in 2021" by Homes.com, based on home price, education quality, and crime rates. Forney is one of the fastest-growing North Texas new home markets, especially since the onset of the Covid-19 pandemic.
There's even a new residential project in the works coming with what has become the new must-have: a lagoon. Called Bellagio Lagoon, it's a development that Megatel Homes LLC is building in 75126. The project — one of the largest residential projects in Forney to date — is budgeted at more than $800 million and will feature a manmade lagoon with white sand beaches.
Elsewhere in Texas
Forney isn’t the only Texas city represented on Opendoor’s list of hot ZIP codes. Suburbs of San Antonio, Houston, and Austin also appear in the ranking.
“Relative to the rest of the country, with nice weather and no state income taxes, Texas is a hot market right now, attracting not only new residents from out of state, but also big companies that are relocating their campuses,” says Brown.
The Austin suburb of Leander’s 78641 ZIP code ranks second on the list. The population of Leander soared 123 percent from 2010 to 2020.
Chris Westrom, Opendoor’s senior general manager in Austin, says Leander benefits from the population and job growth occurring throughout the metro area.
“Leander … offers residents a smaller-town charm while only being about 30 miles outside of the hustle and bustle of Austin. Living in Leander offers residents a more rural feel, and most residents own their homes,” Westrom tells CultureMap.
Many of those homes have been built in the past 10 years or so, lending a “fresh and new” look to much of Leander, he adds. In tandem with the addition of homes, Leander continues to attract big-box stores and restaurants. The suburb also boasts highly rated schools and lots of parks, Westrom says.
At No. 3 is the 77494 ZIP code in Katy, a suburb of Houston. The population of Katy climbed 55 percent from 2010 to 2020.
Westrom says Katy’s highly regarded schools, access to major employment centers, and abundance of parks help make it a sought-after destination for homebuyers. He also mentions Katy’s wealth of dining and shopping options, including Katy Mills.
“The recently completed I-10 expansion makes the commute from Katy to downtown Houston a breeze, and you can generally make the trip within a half-hour,” Westrom says.
In the San Antonio area, the 78130 ZIP code in New Braunfels nabs the No. 4 spot among the hottest ZIP codes.
Westrom says New Braunfels, whose population rose 57 percent from 2010 to 2020, benefits from its proximity to big-city amenities in San Antonio and Austin.
“There’s convenience when you want it, and it’s easy to get outside and away from people when you don’t,” Westrom says.
He also cites the ongoing expansion of dining, retail, and entertainment options in New Braunfels, and access to amenities at places like Gruene and the Comal River.
At No. 1 nationally is the 37042 ZIP code in Clarksville, Tennessee, nearly 50 miles northwest of Nashville.