Looking for homes for Sale in Frisco TX, under $500,000? One of the most rapidly growing cities in Texas, Frisco is home to all types of real estate, from modern condos to large single-family homes. No matter if you’re a first-time home buyer, a relocating family, or an investor, knowing what you can get with your money in today’s market is very important in making the right decision.
In this guide, we’ll break down what $500,000 will buy you across different property types and neighborhoods within Frisco.
Condos for Sale in Frisco TX: Affordable & Low-Maintenance Living
If low-maintenance living is your priority, then condos for sale in Frisco TX offer a great opportunity to stay under budget while enjoying desirable amenities. For under $500,000, you’ll find condos that offer:
- 2 to 3 bedrooms
- Updated interiors with modern finishes
- Access to community features like gyms, pools, and clubhouses
- Locations near shops, restaurants, and Frisco ISD schools
Popular neighborhoods feature Frisco’s trendiest neighborhoods contain condos with median prices of just below $500,000, proving perfect for retirees, recent grads, and those looking to downsize without sacrificing quality of life.
Single-Family Homes for Sale in Frisco TX
Over $500K For those who value space and seclusion, several homes can easily be found for sale in Frisco TX, within around a $500K price range. Houses on the higher end of that scale are available in traditional neighborhoods or more recent developments.
Typical features of homes in this bracket include:
- 3 to 4 bedrooms
- 2 to 3 bathrooms
- Open-concept living spaces
- Private backyards
- Two-car garages
- Between 1,800 to 2,500+ square feet
Frisco Lakes and Suncreek are among the neighborhoods that would provide great value for a buyer who is looking for a home on the go! These neighborhoods are especially appealing to families due to their close access to parks, shopping, and top schools.
New Construction Homes for Sale, Frisco TX
Another option for buyers in the $500K range is new construction. Frisco is growing quickly, and there are many communities where builders are offering new homes that come in right around this price.
Advantages of buying a new construction home include:
- Modern floor plans and finishes
- Energy-efficient features
- Builder warranties
- Customizable design options
In modern interpretations, $500K could buy you a 3–4 bedroom house with high-end appliances, a spacious kitchen island, upgraded flooring, and a covered patio, great for entertaining guests or relaxing after a long day.
Comparing Neighborhoods: Where $500K Goes the Furthest
While the average home price in Frisco has risen, certain neighborhoods still offer excellent value. For example:
Frisco Lakes: This community is one of Frisco’s most affordable options, with an average sales price of about $486,500. It has a good mix of condos and single-family homes and is known for a sense of community.
Suncreek: A quiet, family-oriented community where a half-million bucks will buy you a nice home, well cared-for, with character and established landscaping.
Starwood: A higher-end neighborhood with homes that frequently cost upwards of $800K, although smaller or older listings occasionally fall closer to the $500K mark.
Your buying power can vary significantly depending on the neighborhood. More central or upscale areas may require stretching the budget, while developing communities or areas just outside the city center tend to offer more square footage and updated features for the price.
Bonus for Families: Frisco ISD Access
Frisco’s public schools are a major draw, and the highly-rated Frisco Independent School District (Frisco ISD) adds significant value to homes located within its boundaries. Those moving their family to Frisco will also be pleased to know that many homes below the $500K mark are served by Frisco ISD.
Homes within this district offer access to:
- Award-winning elementary, middle, and high schools
- Comprehensive academic and extracurricular programs
- Community involvement and student-focused learning
For families with school-age children, securing a home in Frisco ISD while staying under budget makes the $500K range even more appealing.
Making the Most of Your Budget
When shopping for a home in Frisco with a $500K budget, it’s important to define your priorities:
- Want low maintenance? Look at condos or townhomes.
- Need more space? Focus on single-family homes in established areas.
- Prefer something brand new? Explore new construction in growing communities.
- Raising a family? Prioritize neighborhoods within Frisco ISD.
The variety of choices in this price range means customers don’t have to compromise on essentials like square footage, proximity to school districts, or location. However, demand remains strong in Frisco, so it helps to be willing to move fast when you do find the right property.
Ready to Find Your Ideal Home in Frisco?
With the $500,000 price point, there are a plethora of options on the Frisco TX Real Estate market that cater to your lifestyle, whether you prefer condos, single-family homes, or new construction. By looking around neighborhoods and seeing what you get in the different types of residences, you can make a clear, informed decision that aligns with your long-term goals.
North Texas Luxury Living is here to help you every step of the way. For all of your questions and to receive expert assistance, contact Christopher Vierthaler at (214) 430-8844 or email Chris@northtexasluxuryliving.com today.