Dallas is a burgeoning city that is expanding at a very fast pace across areas like Allen and McKinney to Richardson and Plano. The growth of the Telecom Corridor and other corporate offices’ movement to Richardson, 20 miles northeast of Dallas mark the development of what are known as the ‘exurbs’.
Richardson is located just next to highways like Tollway, I-90 George Bush, Central Expressway, 121 and is placed north east of downtown Dallas city. Close by is the Turtle Creek that is at close proximity to both Uptown as well as Downtown Dallas. Richardson consists of a number of older, well established and defined neighborhoods with lush landscaping and mature trees too. There are a number of condominiums as well as town homes that are being set up here, in recognition of increasing demand for real estate here.
Highland Park is another great area located in the center of everything between downtown, Oak Lawn and SMU in the vicinity of the highway, Central Expressway and Mockingbird. Highland Park is home to the renowned Highland Park Independent School District, and is consistently rated as one of the nicest places to live in Texas. Highland Park Village provides great shopping and the beautiful Turtle Creek is nearby, perfect for leisurely strolls, not to mention the gorgeous homes in this area that are for sale. Highland Park is the 41st wealthiest city in the US and the 19th wealthiest city with a population over 1000.
Plano was an exciting place to live since its founding and has always given its residents a feeling of growth, expansion and promise. In 1881 the entire business district was destroyed by fire but was quickly restored. In terms of recent population growth, Plano had a 7% increase while Allen showed a whopping 11% increase. McKinney weighed in at a 9% increase and Frisco came in at 8%. Plano TX has been offering residents and fellow newcomers job opportunities such as gristmill works, sawmills and general store works. That’s what drove people to settle this place long ago and still is, right up to this day a good location for opportunity.
Another area worth mentioning is Lake Highlands. This area could have some decrepit neighborhoods, bit it also has stable and solid detached single family neighborhoods that are quite attractive. The far east portion of Dallas offers rental and very cheap housing options. Lakewood in Dallas has older neighborhoods with large streets lined by mature trees near the Whiterock Lake. This area also has Historic and Conservation Districts in the area which are icons and relics of the history of this area.
Roy Owens is an investor who uses Dallas investment properties to make a living. He also helps individuals with retirement investing.
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