Phillips Creek Ranch
Master-plannedAbout 950 acres and roughly 3,700 homes in west Frisco, with more than 100 acres of green space, lakes, 18-plus miles of trails, a clubhouse, two pools and a splash pad.
Homes near Phillips Creek RanchServing North DFW & North Texas

2026 Frisco community guide · Collin & Denton Counties
Sports City USA: The Star, PGA Frisco and Universal Kids Resort, strong local jobs, and neighborhoods from 55-plus golf communities to guard-gated estates.
By Shayla Eadler, Broker & Owner (TREC #747934) · Updated
For sale now
Frisco has one of the deepest inventories in North Texas, from townhomes near the Tollway to custom estates in the north. Start with the latest listings or a popular search.
MLS# 21413358
Keller Williams Realty DPR
MLS# 21267483
DHS Realty
MLS# 21422706
Keller Williams Realty DPR
MLS# 21426454
REKonnection, LLC
MLS# 21426469
Keller Williams Realty DPR
MLS# 21369317
Dealmaker Realty
01Overview
Frisco is one of the most complete suburbs in the country: Frisco ISD’s 12 high schools, pro sports and PGA Frisco, Universal Kids Resort, and major employers like T-Mobile and Keurig Dr Pepper within city limits. Its city tax rate has been flat for nine years and the homestead exemption is the state maximum, so total rates (about 1.63–1.68%) are lower than in many neighbors. The trade-offs are price, with a median home value near $735,000, and traffic on the Tollway and SH-121.
Frisco grew up around a 1902 stop on the St. Louis–San Francisco “Frisco” Railway, along the old Shawnee Trail that became Preston Road. It incorporated in 1908 and was the fastest-growing city in America through much of the 2000s.
Today it is home to about 237,000 people (July 2025 Census estimate), with a projected buildout of about 330,000. It is also headquarters to the Dallas Cowboys at The Star, the PGA of America and the Dallas Stars, and since July 2026, Universal Kids Resort.
Housing is wide-ranging: about 62,000 single-family homes plus townhomes and apartments, from Frisco Lakes’ 55-plus single-story homes to guard-gated Starwood and the custom estates of The Preserve at Fields. The city says no trip within Frisco should take more than about 15 to 20 minutes.
Frisco straddles two counties, and your tax bill depends on which side you’re on. Denton County homes in west Frisco carry a slightly lower total rate than Collin County homes, so compare the actual tax certificates, not just the city name.
02Honest take
What we tell our own clients before they make a move.
Pros
Cons
03Where to live
Frisco has dozens of neighborhoods. These are the names our buyers ask about most, from family master plans to gated and 55-plus communities.
About 950 acres and roughly 3,700 homes in west Frisco, with more than 100 acres of green space, lakes, 18-plus miles of trails, a clubhouse, two pools and a splash pad.
A 24/7 guard-gated community of large custom homes (about 4,000–6,000 sq ft) near The Star and Legacy, with a fitness center, pool, tennis and trail.
Traditional and European-style homes around a town square, a 2.5-acre Italian garden, fountains, pools and pickleball, including a luxury townhome section.
A gated central-Frisco community of mostly two-story brick and stone homes built from 2012 to 2018, with an amenity center and trails.
North Frisco near PGA Frisco and Universal Kids Resort, with a pool, splash pad, fitness center and trails; front-yard maintenance is included in the HOA.
A 2,545-acre master plan around PGA Frisco, including The Preserve, a gated enclave of 233 custom homes on 267 acres. The Fields West urban village opens in 2027.
About 3,000 single-family homes near Lewisville Lake with an 18-hole golf course, three amenity centers, pools and pickleball. Not gated.
South Frisco near Legacy West and PGA Parkway, with two pools, a clubhouse, a fitness center and trails.
04Market
The Census Bureau’s 2024 survey puts Frisco’s median owner-occupied home value at $735,300, and the city’s January 2026 average assessed home value was about $736,000. Frisco has about 93,000 housing units, roughly two-thirds of them single-family homes.
With so many neighborhoods and price points, the Frisco market behaves like several markets at once. Townhomes and older homes near SH-121 move differently from new luxury homes in north Frisco, so we price and shop by neighborhood rather than by city averages.
Live from the NTREIS MLS for homes in Frisco (houses, townhomes and condos). Sold figures cover the last 60 days.
Monthly Frisco market report with trends Compare Frisco with nearby towns
Thinking of selling in Frisco?
Get a free, local Comparative Market Analysis — not an automated guess.
05Budget
Frisco held its city rate at $0.425517 per $100 for FY2026–27, the ninth straight year without an increase, and raised its homestead exemption to the state-maximum 20% starting in 2026. Frisco ISD’s rate is $1.0194. With Collin County and Collin College, Collin-side homes total about $1.68 per $100 before exemptions; Denton-side homes are a little lower.
PIDs are rare in Frisco (the city is closing its only two, in Panther Creek), and no MUDs were identified inside city limits.
| Taxing unit | Rate per $100 of value |
|---|---|
| City of Frisco (FY2026–27) | $0.425517 |
| Frisco ISD (2026) | $1.019400 |
| Collin County (2026) | $0.151414 |
| Collin College | $0.081220 |
| Typical total (Collin side) | ≈ $1.68 |
At about 1.68% before exemptions, a $735,000 home would owe roughly $12,300 a year, less after the homestead exemptions.
Parts of Frisco are zoned to Lewisville, Little Elm or Prosper ISD, each with its own tax rate. We confirm the district and total rate for every address before you write an offer.
| Service | Provider |
|---|---|
| Water, sewer & trash | City of Frisco (North Texas Municipal Water District supply) |
| Electricity | Mostly Oncor area with retail choice; parts of west Frisco are CoServ co-op |
| Natural gas | Atmos Energy or CoServ Gas, by area |
Tax rates are the adopted 2026 rates and change every year. Verify any address with the Collin Central Appraisal District (or Denton CAD for west Frisco) before you buy. Estimate your payment →
06Education
Frisco ISD serves most of the city, with 77 schools and about 62,700 students in 2025–26, including 12 high schools. Enrollment has eased since its 2022–23 peak, and the district adopted a balanced $751.9 million budget for 2026–27. Parts of Frisco are zoned to Lewisville, Little Elm or Prosper ISD.
| School district | What to know |
|---|---|
| Frisco ISD | Most of the city; 12 high schools; about 62,700 students. |
| Prosper ISD | North-central pockets; Rock Hill High sits inside Frisco city limits. |
| Lewisville & Little Elm ISDs | Western edges of the city. Confirm by address. |
School boundaries change as districts grow. We confirm the assigned campuses for every home before you make an offer.
07Location
The Dallas North Tollway, Sam Rayburn Tollway (SH-121), Preston Road (SH-289), US-380 and FM 423 all run through Frisco. The average commute is about 27 minutes. There is no DART rail, but DCTA’s GoZone on-demand service covers the whole city and connects to the Northwest Plano Park & Ride.
| Destination | Distance | Typical drive |
|---|---|---|
| Legacy West, Plano | ~5–10 mi | 10–20 min |
| DFW Airport | ~24 mi | About 30 min (longer at rush hour) |
| Downtown Dallas | 27 mi | About 30 min off-peak |
| McKinney | ~12–15 mi | 20–25 min |
Drive times are typical off-peak estimates. Allow more time at rush hour.
08Lifestyle

The Dallas Cowboys’ 91-acre headquarters campus with the Ford Center, dining and shops.
Two championship courses on 660 acres, hosting the PGA Championship in 2027 and 2034.
A theme park for young kids with seven themed lands and a 300-room hotel, open since July 2026.
FC Dallas at Toyota Stadium, the RoughRiders at Riders Field and the Dallas Stars’ practice home.
The National Videogame Museum and the Museum of the American Railroad.
Christmas in the Square, Arts in the Square and Music in the Square throughout the year.
09Everyday life
Frisco has one of the strongest local job bases in North Texas, with corporate offices along the Tollway and SH-121 and several pro-sports headquarters. Many residents work in Frisco or neighboring Plano.
10Quick answers
Frisco (about 237,000 residents in 2025) offers Frisco ISD’s 12 high schools, major sports and entertainment venues, and strong local jobs. The trade-offs are high home prices and traffic.
Both Collin and Denton counties. Your total tax rate depends on which side your home is on.
The city rate is $0.425517 per $100 (unchanged for nine years), and Frisco ISD is $1.0194. With the county and Collin College, the total is about 1.68% on the Collin side, before the city’s 20% homestead exemption.
Twelve, from Frisco High (1902) to Panther Creek (2022). Parts of Frisco are zoned to Lewisville, Little Elm or Prosper ISD.
Yes. It opened July 1, 2026, near the Dallas North Tollway and Panther Creek Parkway, with seven themed lands and a 300-room hotel aimed at young children.
About 27 miles (around 30 minutes off-peak) to downtown Dallas and about 24 miles to DFW Airport. Rush hour can double those times.
The median owner-occupied home value is $735,300 (Census ACS 2024), and the city’s January 2026 average assessed value is about $736,000.
Rarely. The only city PIDs are in Panther Creek, and the city is closing both. No MUDs were found inside city limits, but always check the specific tax bill.
There is no DART rail. DCTA’s GoZone on-demand rideshare covers the city and links to the Northwest Plano Park & Ride.
Crime statistics are published by the Frisco Police Department. We encourage every buyer to review the data for the specific area they are considering and to visit at different times of day. As agents, we share data sources rather than opinions about which neighborhoods are “safe.”
About this guide. Written by Shayla Eadler, Licensed Broker & Owner of Ten Twenty Realty (TREC #0747934), and reviewed October 2026. Facts come from public sources, including: U.S. Census Bureau (Vintage 2025), City of Frisco, Frisco ISD, Community Impact Frisco, Visit Frisco.

Your Frisco expert
Karli works with buyers and sellers across all of DFW, and helps Frisco buyers compare neighborhoods, school zones and tax districts on both sides of the county line.
Keep exploring
New listing alerts