Sunday, August 26, 2007

Expansion of FM 2499 listed on blogs as warning against investing in home in Highland Village.

By Faith Chatham - Aug. 25, 2007
Value is based partially on perception. I found this post on a blog,. The question asked was:
Highland Village Texas?
How do you feel about the city, I have read that it is a very desireable suburb of Dallas.
Best Answer - Chosen By Voters:
By Sweet Baby Leroy
I live in Corinth, which is just a few miles north of Highland Village across Lewisville Lake, so, while I can't speak directly to the city of Highland Village, perhaps I can offer opinions on the area.

The area must be pretty desirable since it has grown by leaps and bounds in the last 10 years with new subdivisions springing up as far a the eye can see. However, the infrastructure has had a hard time keeping up with the growth. There just aren't enough roads to handle all of the people. If you are planning to commute to downtown Dallas, you are looking at a 1-1.5 hour drive in the morning and evening.

The crime rate is low in the area and there are plenty of things to do. You'll be close to the lake and several parks and the city hosts a couple events (festivals, carnivals, etc.) annually. I believe that Highland Village is in the Lewisville school district, but I haven't really heard anything about the quality of education. The University of North Texas (3rd largest university in the state) is about 15 miles north, as is NCTC, a junior college.

If you plan on buying real estate in Highland Village do some research on the FM 2499 Road Project. My understanding is that the road is going to be expanded from Flower Mound to the north and cut directly through the west side of Highland Village. This may have an effect on property taxes/values.Overall, I’d give the area a thumbs up.

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