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Living in Frisco: Best Neighborhoods & Cost of Living Guide

If you still think of Frisco as just a sleeper suburb north of Dallas, you might be working with outdated information. Over the last decade, Frisco has aggressively pivoted from a commuter town to a destination in its own right—often called “Sports City USA.” By now, in February 2026, the transformation is undeniable. We have the PGA headquarters fully established, The Star anchoring the Cowboys’ operations, and the Universal Kids Resort set to open its doors this May.

For homebuyers, this shift means you aren’t just buying a house; you’re buying into a lifestyle hub. The market has shifted, too. Unlike the chaotic frenzy of a few years ago, early 2026 is seeing a more balanced buyer’s market with stabilizing prices. That said, entry is still competitive, with median home prices hovering around the $650k–$700k mark. Whether you need quick access to the Dallas North Tollway (DNT) for work or want to be minutes from the golf course, knowing the neighborhood personalities is half the battle.

Fields: The New Center of Gravity

If you are looking for the absolute heartbeat of new development in North Texas, you have to look at Fields. This isn’t just a neighborhood; it is a massive 2,500-acre master-planned district that has effectively shifted the center of gravity for the entire city.

Because it serves as the anchor for the PGA Frisco golf courses and the Omni Resort, the vibe here is distinctly resort-centric and high-energy. It feels brand new because it is. You have incredible proximity to the upcoming Universal Kids Resort, which is a massive draw for tourism and local entertainment.

Housing here runs the gamut, which is part of the appeal. You can find “Brookside” homes starting around $700k, but if you drive into “The Preserve,” you are looking at ultra-luxury estates that can easily climb from $2M up to $10M+. It is currently the primary target for anyone seeking new construction homes in Frisco 2026 with immediate access to world-class amenities.

Phillips Creek Ranch: The Amenity Heavyweight

Before Fields stole the headlines, Phillips Creek Ranch was the undisputed king of West Frisco, and for many buyers, it still is. This community was designed for people who want to be active outside without having to drive to a state park.

The sheer scale of the amenities is what sells this neighborhood. We are talking about over 100 acres of green space and more than 18 miles of paved trails weaving through the community. It features multiple pools, a serious fitness center, and an open-air pavilion that serves as a community hub.

Another major logistical perk is the school setup. The community features multiple onsite elementary schools within Frisco ISD, meaning morning drop-offs are often just a short walk or bike ride away. Prices here reflect the established nature of the area, typically ranging from the high $600s to over $1.6M, with a median price sitting near $960k.

Newman Village: European Elegance & Art

If you drive through most North Texas suburbs, you might get fatigue from seeing the same brick elevations over and over. Newman Village is the antidote to that “cookie-cutter” feeling. It is arguably the most artistically driven, aesthetically disciplined community in West Frisco.

The vibe here is prestigious and manicured, but with a distinct European flare. The architecture leans heavily into Mediterranean, Classical, and European styles, ensuring the streetscape looks curated rather than mass-produced. A central plaza features sculptures and a community pool, giving it a town-square feel.

Because it is a gated community with larger-than-average lot sizes, it commands a premium. You should expect prices to start around $1.3M and easily exceed $3M. It’s a top contender for buyers searching for luxury homes in Frisco TX who value privacy and architectural character over the resort-style bustle of newer developments.

The Grove Frisco: Modern & Connected

Located in the “Four Corners” area—where Frisco, Allen, McKinney, and Plano converge—The Grove Frisco offers a very different flavor. The developers aimed for a “modern village” concept, and it feels much more social and contemporary than older neighborhoods.

The heart of the community is “Orchard House,” a bakery and cafe-style amenity center that encourages neighbors to actually hang out. The amenities are modern and thoughtful, including two pools, a splash pad, and playgrounds that feel integrated into the landscape rather than stuck on a concrete slab.

The homes here are built by reputable names like American Legend and Highland Homes, but with more modern elevations that ditch the heavy stone of the 2000s for cleaner lines. Pricing is generally approachable for the luxury segment, running from $600k to $1.3M.

Starwood & Stonebriar: The Established Elite

While Fields and The Grove are shiny and new, Starwood and Stonebriar represent the “old money” establishment of Frisco. If you want mature trees that actually shade the street and a quiet, guard-gated atmosphere, these are the neighborhoods to tour.

Starwood is famous for its privacy. It is a 24/7 guard-gated community with wooded terrain and custom estates that were mostly built in the late 90s and 2000s. Stonebriar, on the other hand, is all about the golf lifestyle. Located right next to the Stonebriar Country Club and SH-121, it offers incredible access for commuters.

The distinction here is character. You won’t find the grey-and-white modern farmhouse look unless a home has been extensively remodeled. Many buyers specifically seek out these areas to buy older estates ($1.1M to $5M+) and renovate them, capitalizing on lot sizes and security that new developments just can’t match.

Other Notable Neighborhoods

Frisco is large, and sometimes the best fit is a specialized community that targets a specific lifestyle or price point.

  • Hollyhock: This offers a boutique feel near PGA Frisco. It operates on a slightly smaller scale than Phillips Creek Ranch but still delivers a robust trail system and pool, with pricing usually starting north of $700k.
  • Lexington: A direct competitor to The Grove, this community features a massive clubhouse and resort-style pool. It’s a strong option for buyers who prioritize high-end community facilities.
  • Frisco Lakes: This is the premier 55+ active adult community in the area. It wraps around Lake Lewisville and features its own golf course and social clubs. Prices here are more moderate, generally between $450k and $750k.
  • Grand Park / The Canals: If you want less yard work and more walkability, these areas offer a denser, urban residential feel closer to downtown Frisco.

Buying in Frisco: 2026 Market Insights

Navigating the local market requires more than just picking a favorite house. As of early 2026, inventory levels have stabilized, giving you a bit more negotiation power than buyers had during the erratic years of 2021–2024. However, smart buyers need to keep a close eye on the total monthly payment, not just the purchase price.

Property Taxes & MUDs: Texas has no state income tax, which is great, but we make up for it with property taxes. In newer developments like Fields, you often have MUD (Municipal Utility District) or PID (Public Improvement District) taxes on top of the standard rate to pay for infrastructure. It is vital to check the specific tax rate of the neighborhood you are considering, as it can swing your monthly payment by hundreds of dollars.

The Schools Factor: Frisco ISD is a primary driver for people moving here. One thing that sets the district apart is its “small school model.” Rather than building massive high schools with 4,000 students, they build more high schools to keep student populations smaller. This is designed to give students more opportunities to make the varsity team, lead a club, or get involved in theater.

Frequently Asked Questions

What is the most expensive neighborhood in Frisco, TX?

The highest price points are typically found in The Preserve at Fields, Starwood, and Newman Village. These areas feature custom estates and large lots, with prices frequently reaching into the multi-millions.

Which Frisco neighborhoods are gated?

For buyers prioritizing privacy and security, Starwood and Newman Village are the most prominent gated communities. You will also find gated sections within Richwoods, Stonebriar, and specific luxury enclaves inside the Fields development.

Do all Frisco neighborhoods have high HOA fees?

Most master-planned communities will have significant HOA dues to cover the maintenance of pools, trails, and amenity centers. However, there are older pockets of homes, particularly near downtown Frisco, that do not have HOAs, though they lack the resort-style amenities of newer developments.

How far is the commute from Frisco to Downtown Dallas?

You should plan for a 30 to 45-minute drive via the Dallas North Tollway (DNT), depending on traffic conditions. While the tollway is the fastest route, costs can add up for daily commuters.

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