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    house hunting

    These hot Dallas suburbs deemed best cities for first-time homebuyers

    Johnathan Silver
    Jul 11, 2019 | 9:09 am
    Downtown McKinney
    McKinney has the most attractive real estate market in the U.S.
    Photo courtesy of City of McKinney

    Dallas residents venturing into homeownership may want to take their house hunt to the suburbs, as a new study puts two Dallas neighbors among the best U.S. cities for first-time homebuyers.

    Personal finance website WalletHub compared the 300 largest U.S. cities to determine which are the best and worst for folks looking to purchase their first home this year. Charming Dallas neighbor McKinney ranks No. 9 nationally, and just behind it is the growing suburb of Frisco at No. 13.

    The site measured each city in three major areas: affordability, real estate market, and quality of life.

    McKinney has the nation's No. 1 real estate market, according to WalletHub, which takes into account the rent-to-price ratio, share of homes sold in a year, median home-price appreciation, and more. It ranks 45th in quality of life, which encompasses such metrics as recreation facilities, quality of school system, and job market. However, in terms of affordability (cost of living, housing affordability, cost of homeowner's insurance, real estate tax rate, and more), McKinney ranks 160th.

    Frisco is right in line with McKinney, taking the No. 3 spot for its real estate market, 48th for quality of life, and 142nd in affordability.

    As for other Texas cities, you'll find them much lower on the overall list. But WalletHub also breaks down the rankings by city size, and Fort Worth, which ranks 52nd overall, is the 10th best large city for first-time buyers.

    Dallas takes the No. 44 spot on the large cities list, far better than its 204th overall ranking. It scores best in the real estate market ranking (No. 62), but has much room to improve on affordability (No. 263) and quality of life (No. 173).

    Austin performs considerably better at No. 25 among large cities and No. 132 overall, while San Antonio lands at No. 31 among large cities and smack-dab in the middle at No. 150 overall. Houston, meanwhile, ranks among the worst cities for first-time homebuyers at No. 242 overall and No. 50 on the large cities list.

    The Lone Star State's suburbs shine brightest, with spots like Richardson, Allen, and Denton dominating the real estate market category nationwide.

    reportsrankingslists
    news/real-estate
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    Tunnel News

    Southern Dallas complex wins free underground tunnel from Elon Musk

    Teresa Gubbins
    Mar 24, 2026 | 2:39 pm
    Tunnel by The Boring Company
    The Boring Company
    Tunnel by the Boring Company

    A Southern Dallas development is in line to get a tunnel from Elon Musk: The University Hills Development, a billion-dollar housing project at the northwest corner of I-20 and Lancaster Road, has been awarded an innovative mile-long tunnel to be built by Musk’s The Boring Company, which will connect the development to a nearby DART station.

    According to a release, University Hills was among 16 finalists out of a total of 487 submissions vying to get a tunnel in a contest that The Boring Company launched in January — soliciting proposals from individuals, companies, and governments that would demonstrate the potential for tunnels to solve problems.

    Musk founded The Boring Company in 2016 as a subsidiary of SpaceX to improve tunnel boring speeds and reduce urban traffic. Now an independent entity, the company creates underground transportation tunnels with a goal of reducing traffic and enabling rapid point-to-point transportation.

    University Hills was one of three finalists in the U.S., along with NOLA Loop in New Orleans, and Ravens Loop in Baltimore. Before any tunneling begins, there'll be a diligence process which includes meetings with elected officials, regulators, community leaders, and business leaders, plus experimental borings and an investigation into the impact on utility and subsurface infrastructure. Only then will it be determined whether the tunneling ensues.

    University Hills is a 280-acre, $1 billion development in Southern Dallas by Hoque Global, which will include 580 homes with a town center at its core. If the project gets the go-ahead, that town center could now be connected by tunnel to the nearby DART Station at the University of North Texas Dallas.

    Hoque Global founder and CEO Mike Hoque calls it "an honor to be recognized with the City of Dallas as the winning project for The Boring Company’s Tunnel Vision Challenge."

    “University Hills is innovative in all of its features to bring connectivity and growth, and this recognition highlights the development’s landmark work for Dallas and Southern Dallas, and shows how emerging infrastructure solutions can strengthen access to transit, jobs, and opportunity for the surrounding community," Hoque says.

    Dr. Warren von Eschenbach, the president of the University of North Texas at Dallas, says the project will strengthen connection with the community.

    “UNT Dallas is pleased this innovative tunnel will increase access to and from our campus and the region,” Eschenbach says. “It symbolizes the continued growth of Southern Dallas through technology, collaboration and forward-thinking and will strengthen the community surrounding the University."

    Groundbreaking and timing for the project to be announced, based on planning and permitting with The Boring Company and City of Dallas.

    transportationopenings
    news/real-estate

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