Newman Village is a gated residential community sitting at the northwest corner of Legacy Drive and Eldorado Parkway in Frisco, TX, stretching north to Panther Creek Parkway – which puts residents close to the Dallas North Tollway. Many buyers consider it to be one of the best neighborhoods in Frisco, TX.
The broader Frisco market carries a median sale price of around $687,500. Newman Village is a different conversation entirely. Homes here routinely list well above $1 million, and you’ll find a mix of large single-family houses and newer luxury townhomes built around a central plaza.
Housing Stock and Home Prices in Newman Village
The single-family homes in Newman Village run from 2,800 to 7,575 square feet and lean on European and Mediterranean architectural styles. The community was established in 2008 and covers three to six bedrooms and two to six bathrooms across that range. All of it sits behind a manned guardhouse entrance.
Median listing prices here have been hovering between $1.3 million and $1.5 million – well above the Frisco median, and that gap isn’t closing anytime soon.
The Newman Village Townhomes
If you want the address without the footprint, the Newman Village Townhomes development by Centre Living Homes offers 121 units with Brownstone-inspired exteriors. Floor plans run from 2,277 to 2,644 square feet with two to four bedrooms.
Townhome owners pay HOA fees of $300 per month covering lawn and ground maintenance, and these properties are not subject to a Municipal Utility District tax – worth noting when you’re running the numbers.
Neighborhood Amenities and Daily Life
The Newman Village HOA maintains a central Italian-inspired plaza with fountains, walking and biking trails, and parks. Inside the gates you also get a resort-style community pool, a splash pad, four tennis courts, and a multi-use recreation center.
For everyday errands, the intersection of Eldorado Parkway and the Dallas North Tollway is just minutes out. Costco, Home Depot, Target, and the Market Street grocery store are all right there along that corridor.
Restaurants in Newman Village Frisco
Dining sits just outside the gates along Eldorado Parkway. Christina’s Mexican, Vitality Bowls, and Chili’s are popular nearby options.
For something locally owned, Scotty P’s is right by the tollway intersection. And if you want more variety, the Dallas North Tollway takes you straight to Frisco Square, Stonebriar Centre mall, and the restaurant lineups at The Shops at Legacy and Legacy West.
Schools and Local Area Attractions
Students here fall under the Frisco Independent School District. The typical attendance zone puts kids at James R. Newman Elementary School and Trent Middle School, then either Lone Star High School or Memorial High School for ninth grade onward – your specific address determines which high school.
Toyota Stadium is a short drive away via the Dallas North Tollway, hosting both sporting events and concerts throughout the year.
Weather and Recreation
Hot Texas summers, mild winters – that’s what you’re signing up for, same as the rest of the region. The community pool and splash pad tend to get heavy use from May through September.
When the weather cools down, there’s no shortage of golf. The Golf Club at Frisco Lakes, The Trails of Frisco, and PGA Frisco are all within a short distance from the neighborhood.
Finding a Home in the Current Market
Across Frisco, homes are averaging roughly 43 days on the market and selling at about 97.5% of list price. With around 4.1 months of housing supply citywide, buyers do have some room to breathe – though Newman Village’s gated, limited-footprint nature means the available inventory here is noticeably smaller than the broader market.
Come prepared for luxury price points, and read the HOA guidelines before you fall in love with anything. A local agent who knows this specific community will save you time sorting out exact property boundaries and getting a heads-up on listings before they hit the open market.
Frequently Asked Questions
What are the current HOA dues for Newman Village in Frisco, and what neighborhood amenities do they actually cover?
Townhome residents in the Centre Living Homes section pay $300 per month, which covers lawn and ground maintenance. Community-wide amenities include a resort-style pool, splash pad, four tennis courts, a recreation center, and the central Italian-inspired plaza.
Which Frisco ISD schools are children living in Newman Village currently zoned to attend?
Students attend the Frisco Independent School District. The typical assignment runs through James R. Newman Elementary School, Trent Middle School, and then either Lone Star High School or Memorial High School depending on your exact address.
Can I still buy an empty lot to build a custom home in Newman Village, or is the neighborhood completely built out?
The single-family portion was established in 2008, and a newer section of 121 townhomes was added more recently. If you’re hunting for a vacant lot inside the gates, talk to a local agent – available land there is limited.
How does Newman Village compare to other luxury gated communities in Frisco, like Starwood or Hills of Kingswood?
Newman Village carries European and Mediterranean architectural influences and anchors the community around an Italian-style plaza. Pricing routinely exceeds $1.3 million, which puts it squarely in Frisco’s luxury market alongside other gated communities.
Are there strict architectural restrictions I need to know about before renovating an exterior or adding a pool in Newman Village?
The community holds to a consistent look – European, Mediterranean, and Brownstone-inspired exteriors throughout. Before you touch anything on the outside of the home, renovation plans need to go to the Newman Village HOA or CMA Management for approval.
How quickly do resale homes in Newman Village typically go under contract in the current Frisco real estate market?
Across Frisco broadly, homes average roughly 43 days on the market. For luxury properties inside Newman Village specifically, that timeline can shift depending on the home’s size and price point.
