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If you’ve been keeping a close eye on Texas home prices, you know the housing market is in a state of change. For prospective homebuyers, this shift in the real estate market represents a significant moment of opportunity. The conversation around home prices in Texas is evolving, and many are asking, “Are home prices dropping in Texas?”
For those interested in new construction, the answer is creating exciting possibilities. Explore the current landscape of new home prices in Texas and discover how you can find exceptional value and your dream home within a Hillwood Community.
The Shifting Landscape of New Home Prices in the Texas Housing Market
After years of rapid appreciation, the Texas real estate market is experiencing a period of normalization. This is particularly evident in the new construction sector, where market dynamics and current economic conditions are creating a more favorable environment for the homebuyer.
At Hillwood Communities, our network of premier homebuilders is proactively responding to this shift. Our builders are adjusting to meet market demand, resulting in more competitive pricing and attractive incentives. This means that homebuyers who may have felt priced out of the market now have a renewed chance to purchase a brand-new home in a vibrant, thoughtfully designed new home community.
Navigating Affordability: Interest Rates and the Importance of Value
Since 2021, shifts in interest rates have impacted overall home affordability, making the monthly payment a primary concern for many families. This has naturally increased the importance of finding homes at more accessible price points.
The focus for today’s savvy homebuyer is not just on the price tag but on the comprehensive value a home provides. The goal is to secure a wise investment that fits your budget without compromising on quality, lifestyle, happiness or long-term home values. This is where Hillwood Communities truly shines.
Unveiling Value: Finding Affordable Homes in Texas for Less than $400k at Hillwood Communities
Finding a home that fits your budget without compromising on quality or lifestyle is key. Hillwood Communities and our premier builder partners are proud to offer a wide range of properties at more accessible price points across the Dallas-Fort Worth, suburban Austin, and Houston areas.
Communities Offering Exceptional Value and Affordability*
- Harvest (Argyle/Northlake): In this award-winning agrihood, buyers can find options starting in the low $300s with seven different designs available. CB Jeni offers two-story townhomes in four designs and Tri Pointe Homes has both detached and duplex-style homes with three or four bedrooms.
- Pecan Square (Northlake): This small-town-inspired community features tech-savvy homes from premier builders like D.R. Horton, Coventry Homes, and Pulte Homes, with prices starting in the low $400s.
- Treeline (Justin): Celebrating its natural surroundings, Treeline features three builders—Beazer Homes, HistoryMaker Homes, and Tri Pointe Homes—with homes starting in the high $300s, offering a mix of modern architectural styles.
- Valencia (Manvel): Find your sweet life with new homes from builders like Perry Homes (from the high-$300s) and Coventry Homes (from the mid-$400s) with a variety of one- and two-story layouts available.
- Pomona (Manvel): Just minutes from the Texas Medical Center, Pomona features homes from David Weekley Homes and Highland Homes starting in the $300s, designed for connection and convenience.
- Union Park (Little Elm): In this vibrant multigenerational community, Tri Pointe Homes offers two distinct home collections starting under $400k, providing more options for families.
- Wolf Ranch (Georgetown): Embrace the Hill Country lifestyle at a community that blends outdoor adventure with modern living. Lennar offers homes here starting in the high $300s and Pulte Homes start in the low $400s.
*Pricing is as of August 2025 and is subject to change without notice. Always confirm pricing with builder sales representative.
Seize the Savings: Save Even More with Builder Incentives
One of the most significant advantages in the current market is the prevalence of builder incentives. These are powerful tools builders use to make homeownership more attainable right now. Common incentives you may find from builders in our communities include:
- Interest Rate Buy-Downs: Builders may offer to permanently or temporarily lower your mortgage interest rate, significantly reducing your monthly payment on your mortgages.
- Closing Cost Assistance: Receiving help with closing costs can save you thousands of dollars upfront, making the initial purchase more manageable.
- Included Upgrades: Builders may offer upgrades to finishes, fixtures, appliances, the primary bathroom, or outdoor living spaces at no additional cost.
- Price Reductions: Direct price reductions on available homes offer straightforward, immediate savings on the final sale price.
These incentives can dramatically lower the overall cost of buying a home and are a key reason why now is such an opportune time to buy.
Beyond Price: The Unmatched Benefits of a Hillwood New Home Community
While competitive pricing and incentives are crucial, the true value of a Hillwood home extends far beyond the initial transaction. It’s an investment in a superior quality of life, and a solid piece of real estate.
Modern Designs, Energy Efficiency, and Personalization
New construction homes offer distinct advantages. Enjoy contemporary, open-concept layouts designed for modern living. Benefit from the latest in energy-efficient features, including advanced insulation, high-performance windows, and energy-saving appliances that can lower your utility bills for years to come. You also have the opportunity to select from a variety of design options to personalize your space and make it truly your own.
Lifestyle-Rich Amenities and Vibrant Communities
Our signature Lifestyle by Hillwood℠ approach means that life extends beautifully beyond your front door. The robust lifestyle programs at our new home communities are designed to foster connection and enrichment. And the abundant amenities at each community make it easy to connect with neighbors every day of the week. Jump on a trail for a nature adventure, meet neighbors at the park, cool off in a resort-style pool, or celebrate the season with community-wide festivals and events. This built-in lifestyle is an invaluable, enriching part of the homeownership experience at Hillwood.
FAQs about Texas Home Prices
Are home prices really falling in Texas?
The market is balancing, and in the new construction sector, this has led to more competitive average home prices in Texas. The median price for new builds has adjusted in many areas. Combined with builder incentives, the overall cost for a homebuyer is often lower than in recent years, creating significant opportunities.
What is the outlook for interest rates in Texas for homebuyers?
While interest rates can fluctuate, many builders are offering interest rate buy-down programs to help lock in a lower monthly payment, mitigating the impact of the current rate environment.
How does the supply and demand of existing homes affect new home prices in Texas?
A limited supply of desirable existing homes often makes new construction a more attractive and reliable option, influencing buyer demand. New homes offer modern features, warranties, and the most updated construction technologies, providing clear value and peace of mind.
What advantages do new construction homes offer over existing homes in the current Texas market?
New homes provide energy efficiency, modern floor plans, a builder’s warranty, and the ability to personalize finishes. Plus, they are located in amenity-rich communities designed for today’s lifestyle, making them highly desirable properties.
Where can I find affordable housing in Texas?
Hillwood Communities offers a range of home sites in new home communities across the Dallas-Fort Worth, greater Austin, and Houston areas, with many featuring homes at accessible price points and excellent builder incentives. You can explore our listings online from our communities to find homes that fit your needs.
Your Path to a New Home in Texas Starts Here
The current market presents a unique window of opportunity for homebuyers in Texas. With more competitive pricing and powerful incentives, the dream of owning a brand-new home is within reach. Our new construction builders have available quick move-in homes, and many are offering incentives, so now is a great time to buy! We encourage you to visit a Hillwood community today. Come explore our beautiful neighborhoods, see the quality of our available homes, and experience firsthand the vibrant lifestyle that could be yours. Seize this opportunity—your new home awaits in a Hillwood Community!
