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    Million-dollar homes

    Multi-million-dollar gated home community The Preserve rises in Frisco

    Teresa Gubbins
    Nov 20, 2024 | 5:07 pm
    The Preserve Frisco

    A palace on the prairie of The Preserve in Frisco

    Preserve

    Construction has begun on a multi-million-dollar custom home community in Frisco. Called The Preserve, it's situated among PGA Frisco’s championship golf courses and near the Omni PGA Frisco Resort, with multiple phases that will roll out over the next few years.

    The Preserve is part of Fields, a 2,500-acre development in North Frisco off the Dallas North Tollway. Fields is co-developed and owned in partnership with The Karahan Companies, Hunt Realty Investments alongside investors Chief Partners and Cross Tie Capital.

    The development will feature retail, dining, entertainment, hotels, corporate offices, native Texas plants, flowers, trees, and 250 acres of park space. It's designed by the same team responsible for Plano’s Legacy West, led by Fehmi Karahan.

    Phase 1 of The Preserve will feature 233 homes crafted by 10 North Texas luxury homebuilders: Alford Homes, Coats Homes, and Starside Builders have all begun home construction. The other seven are The Preserve Bella Custom Homes, Endurance Homes, Faulkner Perrin Custom Homes, Hawkins-Welwood Homes, Shaddock Custom Builders & Developers, Sharif & Munir Custom Homes, and Ventura Custom Homes.

    All builders will have begun construction by early 2025. It's expected that most of the homes will be complete in the next five years although the ETA will vary by builder.

    The Preserve FriscoThe Preserve in Frisco, soon to be covered with homes.The Preserve

    Lot sizes range from 6,800 square feet to more than an acre. Home design options will incorporate high ceilings, open floor plans, glass walls, and seamless transitions between indoor and outdoor such as patios, infinity pools, and landscaped exteriors.

    The surrounding area will have more than 2,000 new trees plus views delivered via design elements such as floor-to-ceiling windows and expansive outdoor living areas.

    Many of the homes will address sustainability, health, and wellness with green architecture, energy efficiency, water conservation, and recycled building materials.

    It will combine the privacy of a gated community with resort-style living, featuring amenities such as the PGA golf courses, 20+ miles of hike and bike trails, and the exclusive Brookside Club with an expansive swimming pool, state-of-the-art fitness center, tennis and pickleball courts and a playground.

    Prices will start at $3,500,000. Lest you think there is no demand, a map shows that more than half of lots, approximately 116, have already been purchased.

    Hunt Realty SVP Todd Watson calls it one of the most anticipated mixed-use projects in the area -- æa perfect location for discerning buyers seeking their forever home or a secondary residence" — although he's involved with the project so he's probably biased.

    “As part of the Fields development, with prominent neighbors like PGA of America and the Omni PGA Frisco Resort, we know The Preserve will be one of the most sought-after addresses in North Texas," Watson says.

    According to the Frisco Economic Development Corporation, Frisco’s population has increased by 500 percent in two decades and was recently recognized as the fastest growing city in Texas and third across the U.S.

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    The Boom Continues

    Booming DFW ZIPs among 10 fastest-growing new neighborhoods in U.S.

    Amber Heckler
    May 15, 2026 | 9:17 am
    Overhead view of a neighborhood in Keller, Texas
    Photo by Braden Egli on Unsplash
    Dallas keeps on growing.

    As Texas' ever-growing population generates more demand among regional housing markets, two Dallas-area ZIP codes have seen more growth than nearly all other ZIPs in the state — and in the country.

    75078 in Prosper and 75454 in Melissa respectfully ranked as the ninth and 10th in RentCafe's new study that analyzed the 50 fastest-growing "new neighborhoods" in America "that barely existed a decade ago." One more North Texas ZIP in Fort Worth also made the top 10.

    The study reviewed housing inventory and population growth across 32,000 U.S. ZIP codes and narrowed down the search to the top 50 locales that experienced a 51 percent minimum surge in new housing units from 2014-2023.

    Overall, Texas dominated the list with 17 of the nation's 50 booming new neighborhoods.

    The report's findings revealed Prosper has more than tripled its housing inventory to 14,409 units, up from about 4,200 units in 2014. The area's population has also more than tripled, from 13,229 to 46,857 residents as of 2023.

    Melissa's population has surged 211.2 percent over the last decade, from 6,471 to 20,137 residents, and housing inventory soared 222 percent to keep pace with the growth. A recent boom in apartment construction is a major factor that contributed to the suburb's expansion, the report said, which has showed no signs of slowing as more than 1,300 new apartments were built in Melissa in 2024.

    "Here again, proximity to Dallas and accelerated development activity are driving growth," the report said. "Looking ahead, Melissa is slated for more housing projects to accommodate new residents."

    Dallas suburbs like Prosper and Melissa also "offer easy access to Dallas jobs and provide newly built schools and quality urban services," according to the report.

    RentCafe's separate ranking of the best "up-and-coming" communities ranked Prosper and Celina, another rapidly growing Dallas suburb, among the top three in the U.S.

    Fast-growing ZIPs in Dallas-Fort Worth
    North Fort Worth's 76177 ZIP code ranked as the seventh fastest-growing ZIPs in the U.S. over the last decade. RentCafe determined this northern region saw a 266 percent surge in housing inventory in the last decade to keep up with the area's 302.1 percent population growth over the same period.

    In 2014, there were just 6,003 residents living within the bounds of 76177, which stretches as far north as the area surrounding Texas Motor Speedway and as far south as the Chisholm Ridge neighborhood. During that same year, there were only 2,774 housing units in the area, which has since spiked to 10,140 units as of 2023. The ZIP code now boasts a population of more than 24,000 residents, the study found.

    "[ZIP code] 76177’s growth was stimulated by the overall economic expansion of the Dallas-Fort Worth area," the report said. "Like many places in Texas, this enclave attracts residents due to a mix of accessibility, community and opportunities."

    Celina's 75009 ZIP ranked just outside the top 10 as the 11th "newest" neighborhood in the U.S. Celina experienced a 229 percent increase in population over the 10-year span, and a 211 percent increase in housing inventory. In 2023, the suburb had a population of more than 30,000 residents, up from about 9,200 in 2014.

    The top 10 "newest" neighborhoods in the U.S., says RentCafe, are:

    • No. 1 – Chino, California (91708)
    • No. 2 – Timnath, Colorado (80547)
    • No. 3 – Colorado Springs (80927)
    • No. 4 – Fulshear, Texas (77441)
    • No. 5 – Ponte Vedra, Florida (32081)
    • No. 6 – Jersey City, New Jersey (07311)
    • No. 7 – Fort Worth (76177)
    • No. 8 – Colorado Springs (80924)
    • No. 9 – Prosper, Texas (75078)
    • No. 10 – Melissa, Texas (75454)
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