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Density News

New 20-story apartment building off McKinney Dallas will have X-large units

Teresa Gubbins
Sep 20, 2023 | 12:31 pm
Galatyn hi-rise Mckinney

A new high-rise residential building is coming to "Upper McKinney".

Rendering via StreetLights Residential

Construction has begun on another high-rise apartment building near McKinney Avenue and Knox. Called The Galatyn, it's a 20-story building featuring 56 penthouse-style apartments, across McKinney Avenue from its sibling residential building The McKenzie.

According to a release, it'll open in 2025.

Like The McKenzie, the units will be big, with only three units per floor and two units on the penthouse level. Units will average 2,700 square feet, with two and three bedrooms. Penthouse suites will start at 4,500 square feet.

Units will have a formal entry with an attached powder room, open kitchen, waterfall island, and a bar. Private service kitchens will contain a second fridge, sink, and dishwasher.

The interiors will include wood flooring, quartzite countertops, and floor-to-ceiling windows in the living areas.Primary suites will feature dual closets and spa-style bathrooms with freestanding bath and walk-in rainfall shower.

Amenities will include a concierge, workspaces, resident coffee bar, a courtyard with a fireplace, sunroom with antique fixtures and arched windows, dog wash, and "relief areas" on each residential floor.

An on-site fitness center will feature a flex room, sauna, year-round pool, and catering kitchen.

StreetLights Residential SVP Stephen Meek says in a statement that they've observed a sense of community at The McKenzie and anticipate the same for The Galatyn.

The name choice gives pause. The internet says that in Arthurian legend, the meaning of the name Galatyn is Gawain's sword. But there is already in DFW the very well known Galatyn rail station on the DART Red Line, as well as an accompanying Galatyn Park. Is it so hard to come up with an original name for an apartment building? Why not just with tried-and-true options like The Avalon or The Retreat or The Heights or The Reserve or The Oasis or The Pointe.

StreetLights Creative Studio is the architect of record for the project and SLR Construction, LLC, is the general contractor.

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living single

Dallas lands among 10 most affordable U.S. metros for living alone

Amber Heckler
Oct 21, 2026 | 9:10 am
Dallas skyline
Getty Images
In DFW, renters can afford to live solo.

Not everyone is cut out for living with roommates, but finding an affordable place to live alone can be tricky. Luckily, Dallas-Fort Worth sits among the top 10 most affordable U.S. metros for living by yourself, according to a new report.

Analysts at Apartments.com discovered North Texas renters spend the seventh lowest share of their monthly income on single-bedroom rent out of the 50 biggest metros in the U.S.

The study used a 30 percent "common budgeting guideline" to calculate the share of median renter household income spent on one-bedroom asking rents across the 50 largest U.S. metros, and determined renters can only afford to live alone in 24 of the 50 metros without crossing the 30 percent threshold.

The median annual income of a DFW renter household is $63,172, and the findings show the typical asking rent for a one-bedroom apartment comes out to $1,348 per month. The study determined single renters spend 25.6 percent of their monthly income on rent based on the budgeting suggestion.

Texas' favorable rental market also extends outside of the Dallas-Fort Worth Metroplex: Austin surprised as the No. 1 most affordable metro for living alone, and San Antonio appeared among the top 10.

Austin renters spend the smallest share of their income on single-bedroom apartment rent, at 23.1 percent. That's based on a median renter household income of $70,008 and a $1,348 monthly one-bedroom asking rent price.

Dwindling rent prices and the prevalence of major tech employers are also attracting new renters, and the city has an 11.6 percent apartment vacancy rate.

"The average rent in Austin has decreased year over year, and construction of new housing increased by 30 percent over the past decade," the report's author wrote. "Tax incentives in Texas draw large tech corporations, like Google and Apple, to the Austin area, which has increased average wages, added more jobs to the local economy, and attracted renters in the process."

San Antonio ranked right above DFW in sixth place nationwide with solo renters spending 25.4 percent of their monthly income on single-bedroom rent, coincidentally the same share as single renters living in Raleigh, North Carolina and Salt Lake City, Utah.

This is the income and one-bedroom rent data in San Antonio:

  • $51,029 – median renter household income
  • $1,082 – one-bedroom monthly asking rent

A separate Apartments.com survey found 39 percent of U.S. adults would never feel comfortable living with a roommate, and 16 percent of renters would rather pay more in rent to live alone than consider living with a roommate.

"Factors contributing to lower rents may include recent high levels of construction, rising vacancy rates as renter demand catches up to supply, and fewer regulations, such as flexible zoning and lower development costs compared to other parts of the country," the report said. "Living alone has become a non-negotiable for many renters, and some renters are willing to make tradeoffs to afford this lifestyle."

The top 10 most affordable U.S. metros for living alone are:

  • No. 1 – Austin
  • No. 2 – Oklahoma City
  • No. 3 – Phoenix
  • No. 4 – Raleigh, North Carolina
  • No. 5 – Salt Lake City, Utah
  • No. 6 – San Antonio
  • No. 7 – Dallas-Fort Worth
  • No. 8 – Denver
  • No. 9 – Portland, Oregon
  • No. 10 – Columbus, Ohio
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