With its recent ranking as #2 in CNN Money Magazine’s Top 10 Best Places to Live, McKinney, Texas may see a population boom. With such a boom, McKinney Real Estate could see an increase in value and growth. Currently home to 136,100 residents, McKinney was established in 1848 and is one of the most senior towns located in northern Texas. McKinney has quite the character with its downtown boutiques and art galleries that were once home to cotton mills and feed stores.
Lower taxes have increased the number of white-collar technology and energy companies here. A new hospital opened its doors in July and the town will soon be home to a new conference center and hotel. This means that many McKinney residents no longer face a long and stressful commute into Dallas, but can work right where they live. This town also boasts easy access to golf courses and open spaces. McKinney real estate continues to attract many local and out of state buyers looking to relocate to a suburban neighborhood with urban living amenities.
Many different housing options are available in the McKinney Real Estate market. Someone looking to take advantage of buying or renting real estate in McKinney, Texas can choose to live in a home, new home, townhome, condo or apartment. The average price per square foot here is $72, which is actually down about four percent from a year ago. Collin County homes in McKinney, Texas average around $306,000.
If you are in the market for upscale McKinney apartments or McKinney townhomes, The Estates of McKinney might be just what you are looking for. The Estates of McKinney feature Mediterranean style townhomes and luxury apartments for any taste. Here you will also find two resort style pools, a professional sand volleyball court and a Starbucks Coffee bar, as well as many other amenities. If McKinney condos are more your style, there are affordable condos in the area, many at foreclosure prices. There are also many McKinney new homes for sale within various price ranges and in different areas of town.