Big City News

Dallas neighbor is the No. 1 fastest-growing affordable city in U.S.

One city is the No. 1 most affordable and fastest-growing city in America.

Photo by Roger Robinson/Visit Frisco

A new national study has declared Texas is home to the most affordable, fast-growing cities in the country, with Dallas suburb Frisco taking the lead at No. 1.

Frisco and five more Dallas neighbors ranked high on GoBankingRates.com's new list of "50 Most Affordable, Fastest-Growing Cities in 2025."

The personal finance website's experts analyzed U.S. cities to find the most affordable places with large population growth based one-year and five-year population growth rates higher than the national average. Additional factors considered include each city's median household income, average home values, average rental cost, and average mortgage cost.

The report said Frisco's population swelled nearly 27 percent over the last five years, though it does appear to be slowing down as the suburb's one-year growth rate was only 4 percent. However, its rapid growth further proves that this buzzy city is one of the most desirable places to move to.

Frisco, Texas Suburban dwellers love Frisco. City of Frisco TX - City Hall/Facebook

The study also found the average Frisco home is valued at more than $678,000, which at first look isn't as affordable as other Dallas-area cities. However, GoBankingRates deems this "affordable" since the median Frisco household income is $146,000.

The study also determined the total cost of living for a Frisco homeowner comes out to $72,262 annually. Renters have a cheaper cost of living, totaling $46,718 per year.

McKinney and Allen also earned top-five spots in the report, earning respectable ranks as the third and fifth most affordable and fast-growing U.S. cities. Both cities had higher five-year growth rates than the national average – 16.6 percent in McKinney and 8.5 percent in Allen – and they both have similar average home values ($512,667 in McKinney, and $514,490 in Allen).

McKinney's affordability has been a hot topic in 2025 after Motley Fool Money ranked the suburb the No. 1 most affordable U.S. city in its own analysis. The city will only become more popular after its $1.3 billion mixed-use development is completed within the next decade.

The three other Dallas neighbors that ranked among the most affordable and fast-growing cities list are Lewisville (No. 8), Denton (No. 19), and Fort Worth (No. 26).

Six more Texas cities earned spots in the report: the Houston suburbs of League City (No. 7) and Pearland (No. 11); Austin (No. 35) and its neighbor Round Rock (No. 10); the Rio Grande Valley city of Edinburg (No. 43); and Central Texas city Killeen (No. 49).

dallas fort worth suburbs population growth frisco mckinney

Coworking News

Dallas' Longhorn Ballroom unveils new renovated coworking studio space

Longhorn Ballroom

Dallas' famed Longhorn Ballroom music venue has unveiled a newly renovated multi-use building — located across the courtyard from the Ballroom at 200 Corinth St. — that's open for creative types in the fields of entertainment, restaurant, and the arts.

The Longhorn Ballroom was built in 1950 for country music legend Bob Wills and this Texas Playboys and was originally named Bob Wills’ Ranch House. It was managed for a time by Jack Ruby, then Dewey Groom who renamed it the Longhorn Ballroom and built it into one of the greatest venues of its day, hosting Willie Nelson, Loretta Lynn, Merle Haggard, Charley Pride, Pasty Cline, B.B. King, Ray Charles, Nat King Cole, James Brown, Al Green, Johnny Rodriguez, Freddy Fender and Selena.

This newly renovated building was originally constructed in 1950 as part of the Ranch House, where it served as a motel for touring musicians and according to a release, is rumored to have sheltered Wills' horse "Punkin."

You could office here. Longhorn Ballroom coworking space.Longhorn Ballroom

The two-story 26,000-square-foot building offers co-working spaces for entertainment professionals, attorneys, and managers. There are five 1-2 person offices available, along with a limited number of residential live-work studios for artists. There are also several small restaurant spaces available for "culinary creatives."

The largest available area — a former recording studio — could be transformed into a space for audio, film, or post-production work.

There is also a common area and kitchen, plus plentiful parking. Internet and utilities are included. Rates depend on space rented.

"As an entertainment attorney, there’s no better place for my practice than the Oficina co-work space at the Longhorn," says Decker Sachse, a current tenant. "It’s a great location with easy access and my clients love the vibe."

In the fall, the Longhorn will complete its third and final phase with the opening of a 6,500-capacity outdoor amphitheater along the banks of the original Trinity River. Called The Longhorn Backyard Amphitheater, it will host a series of soft opening shows this fall, starting with Randy Rogers on September 20. A grand opening with a full calendar of events will commence in the spring of 2026, providing the city with a state-of-the-art outdoor venue one mile south of downtown Dallas.

concerts openings