Hot 'Hoods

3 hottest Dallas-Fort Worth neighborhoods for 2019 predicted by real estate authority

6907 Seascape Dr. home for sale in Grand Prairie

Grand Prairie's Grand Peninsula neighborhood is one of DFW's hottest 'hoods.

Photo courtesy of Century 21

It’s no secret that Dallas-Fort Worth is one of the hottest real estate markets in the country. And while white-hot areas such as Lakewood, Preston Hollow, and Fairmount are all the buzz, DFW boasts myriad neighborhoods that are perfect for discerning and value-minded prospective buyers.

Just where are these hot spots? For its hottest neighborhoods of 2019 list, real estate website Redfin featured three neighborhoods each in many of the largest metro areas in the U.S., compiled with Redfin user data and agent insights from November 2018.

The neighborhoods below are poised to become "some of the most desirable places in the country in the coming year," according to Redfin. The site measured metrics such as median sale price in the area compared to metro median, number of days on market, and percent that sold above list price.

In DFW, Redfin spotlighted Grand Peninsula, Southgate Estates, and Westchester as the hottest in the metro.

In Grand Peninsula, which is in Grand Prairie, the median price of a home is $304,900, compared to a DFW average of $289,900. Homes here are on the market an average of 42 days.

Buyers in Garland's Southgate Estates find one of the best values in the city, with homes averaging a mere $184,500 and (surprisingly) lasting on the market 39 days.

Meanwhile, homes in Westchester, also in Grand Prairie, sell for $257,400 and are on the market for only 26 days.

The nation's overall hottest neighborhoods are mostly located in coastal cities, with Bridle Trails outside of Seattle; Merriewood in Oakland, California; and Mission Terrace in San Francisco taking the top three spots.

GP News

Grand Prairie expands to the south with new master-planned community

Rendering courtesy of Provident

Goodland Grand Prairie

The City of Grand Prairie is growing fast and expanding to make way for a new master-planned development south of US Highway 287 and along Tollway 360, in Ellis and Johnson counties.

The community development, called Goodland, is the result of Grand Prairie’s recent 1,500-acre annexation extending its southern border toward Mansfield. Overall, with the added land, Goodland will be a 5,000-acre site featuring 15,000 residences including townhomes, custom homes, and gated communities for 50,000 residents.

According to a release, it will be a “city within a city” and a 45-minute drive from Dallas-Fort Worth. Beyond housing, there will be shops, restaurants, schools, public and private event venues, regional sports fields and complexes, dance halls, churches, trail systems, city parks, ponds, and preserved green spaces.

“This is a significant step in our city’s development,” says Grand Prairie Mayor Ron Jensen in a statement. “Unlike many of our neighboring cities, we have the unique advantage of new development opportunities to our south that will drive the growth and prosperity of our city. We recognized the opportunity and took decisive action.”

Leading the development is Provident, a Dallas-based real estate firm that has created other master-planned communities across Dallas-Fort Worth, such as Preston Hollow Village and Hillstead in Collin County. Provident has plans to work nature into the space design with more than 1,600 acres of creek corridors and floodplain land.

Plans are ongoing for a centralized mixed-use walkable Town Center, complete with civic buildings and other commercial development. Further south on the property near Highway 67, light industrial uses and other private employment campuses are already underway, projects that will contribute vital tax dollars for city growth and future expansions.

“This level of placemaking is quite rare, and certainly not easy to execute, especially in a brand-new community," says Provident Managing Director Rylan Yowell in a statement. "We are committed to a long-term vision with a desire to be good stewards of the land."

A new four-lane road called Goodland Parkway will link Goodland to Grand Prairie at Tollway 360 and US Highway 287. It's set to open by December 2025.

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