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    Budget-friendly abodes

    5 Dallas-Fort Worth cities raise the roof as top places for affordable homes

    John Egan
    Jul 14, 2020 | 9:18 am
    Arlington home for sale, 804 Brim Ct
    This charming five-bedroom home in Arlington is listed for just $348,300.
    Photo courtesy of Realtor.com

    Good news for bargain-minded homebuyers: Five of the best 25 big cities in the United States to buy an affordable family home are right here in Dallas-Fort Worth.

     

    Personal finance website SmartAsset analyzed data for 100 of the largest U.S. cities to come up with its list of the top 25 cities for purchasing an affordable family home. Arlington ranked sixth in the country, claiming the No. 1 spot in DFW. Plano came in at No. 7, Garland at No. 12, Fort Worth at No. 16, and Irving at No. 22.

     

    Chesapeake, Virginia, ranked first overall.

     

    Other Texas cities in the top 25 were El Paso (No. 14), Laredo (No. 15), Lubbock (No. 19), and Corpus Christi (No. 23).

     

    SmartAsset published its study July 8.

     

    Data that SmartAsset considered for the ranking included percentage of homes with at least two bedrooms, five-year change in homeownership rate, down-payment-to-income ratio, housing costs as a share of income, and high school graduation rate.

     

    Arlington ranked 15th best overall for its down-payment-to-income ratio, at 0.60. In other words, a 20 percent down payment on the median-value home in the city makes up only 60 percent of the median household income. Arlington also ranked in the top 15 for housing costs as a percentage of income (21.93 percent) and high school graduation rate (90.5 percent).

     

    Ranking and review website Niche.com puts Arlington at No. 45 on its list of the best places to buy a house in the U.S. and ranks it 11th among the most diverse U.S. cities. Realtor.com praises Arlington as a “thriving city” cozily situated between Dallas and Fort Worth.

     

    Plano, the other Texas city in the top 10, scored especially well on a couple of fronts, according to SmartAsset’s analysis. Data shows 96.8 percent of students in Plano graduate from high school, the highest number for any city in the study. In addition, Plano ranked well for low rates of property crimes and violent crimes.

     

     Niche.com ranks Plano as the fourth best city to buy a house in the country and the fifth best city to live in the U.S. Home improvement website BobVila.com lauds Plano as one of the 12 best cities for first-time homebuyers, describing the city as “a sprawling financial and commercial hub … with vast parkland and an eclectic food scene.”

     
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    news/real-estate

    Urban Renewal News

    Inwood Design Center in Dallas Design District due for major makeover

    Teresa Gubbins
    Jul 10, 2025 | 12:36 pm
    Inwood Design Center
    Courtesy rendering
    Inwood Design Center

    A center in Dallas' Design District is about to get a major makeover: M2G Ventures, a DFW real estate investment and development company, is repositioning the former Inwood Design Center, a 14-building 740,000-square-foot complex at 1110 Inwood Rd. into a two-pronged design complex with restaurants and retail.

    According to a release, the rebranding will introduce two distinct identities which will operate "independently but harmoniously."

    • Inwood Design District, nickname IDD, will be for showroom and industrial use
    • Ace on Inwood, AKA Ace, will be for retail and restaurant

    "IDD" comprises 630,000 square feet, with spaces ranging from 2,500- to 40,000-square-foot floorplates for showroom and light industrial use, with up to 24-foot clear heights.

    Ace on Inwood will be a 109,233-square-foot retail building with spaces ranging from 1,193 to 6,000 square feet, for restaurants, retail, services, wellness and boutique concepts, with a focus on home furnishing uses to complement the existing base in the area. Patio space and endcaps will provide further opportunity for placemaking and activation.

    Construction is about to begin with completion targeted for the end of 2025.

    Project enhancements will include upgraded façades and storefronts, branding and signage, enhanced parking, and layered landscaping. Art strewn in unexpected places will include colorful visual moments, 3D illusions, or interactive installations, serving as visual landmarks and encouraging walkability and discovery.

    In a statement, M2G Ventures co-founder Jessica Miller Essl calls it "one of the most dynamic projects we have been a part of."

    “This modern evolution takes the property from industrial to a premier mixed-use campus at a location that bridges the Design District and Brookhollow submarkets,” Essl says. "We anticipate bringing both districts into their new lives. By creating two distinct projects under one collective vision, our team can create two best-in-market projects in their respective peer sets."

    M2G has done similar projects in the past 10 years including the Foundry District in Fort Worth, a creative repositioning of a warehouse district into showrooms, retail, food and beverage, and creative office; and Proto Park in Dallas, a mid-century warehouse transformed into an industrial destination; M2G has since exited both projects.

    The design team for the project includes Ibañez Shaw Architecture as architect, RSM Design for environmental graphics, Paper Kites Studio for landscape architecture, Katie Murray for art curation, Ramble Creative for branding, and SHOP Companies’ Jake Sherrington and Victoria Pappas for lleasing the retail component of Ace on Inwood.

    sustainabilitygalleriesopenings
    news/real-estate

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