Dallas has the second-best economy in the nation

Dallas' economy is led by real estate

Dallas’ economy is led by real estate

Dallas has the second-best economy in the nation. Dallas ranked No. 2 on the most recent “On Numbers” report released this week, according to the Austin Business Journal. Austin led the rankings, and Houston was No. 5.

Each of these thriving Texas cities is home to a SouthStar Communities neighborhood, showcasing the developer’s depth of understanding of economic drivers, long-term real estate cycles, and ongoing migration patterns.

The “On Numbers” report takes into account 18 economic factors and can’t deny the banner year Dallas has had as the city continues to reap the benefits of hot real estate and energy sectors. Lake Ridge at Joe Pool Lake, located halfway between downtown Dallas and downtown Fort Worth, has also benefitted from the hot Dallas market as buyers in search of prime Texas lake property discover all the advantages of living in a lake community without giving up a convenient DFW location.

With continued migration to Texas, “The Texas housing market is reacting to the massive influx of new residents coming to the Lone Star state for jobs,” according to Redfin’s latest report.

“As more residents move to Texas from other states with a higher median home prices, the housing markets in Dallas, Houston and Austin have been bolstered by rising home prices of double-digit year-over-year growth. About 2.5 million people relocated to Texas between 2008 and 2012 in search of jobs from more costly regions of the nation,” the report stated.

Two homesites have been sold at Lake Ridge‘s The Summit neighborhood over the past few weeks, taking advantage of closeout pricing on the final homesites in this gated, hilltop neighborhood and continuing the sales trend at Lake Ridge this year. The exclusive neighborhood of The Summit offers 30-mile views, towering trees, and the highly rated Midlothian School District.

Special offers currently available on prime Texas lake property at Lake Ridge also include newly released lake-view sites from $39,900 and one-half to one-acre properties in The Sanctuary, a gated neighborhood offering some of the most desirable lake real estate in North Texas.

For more information on moving to Texas or buying land and building a custom home at Lake Ridge, visit Lake Ridge.

Lake Ridge breaks ground on wounded veteran’s mortgage-free home

Lake Ridge is pleased to announce that we’re partnering with the Dallas Builders Association, Former NFL Players Association and Victory Custom Homes to build a mortgage-free custom home for a wounded veteran.

We’re working with Operation FINALLY HOME, a non-profit organization who partners with developers, builders and donors to provide mortgage-free homes to wounded veterans and widows of fallen soldiers.

Lake Ridge developer SouthStar Communities has teamed up with Operation FINALLY HOME on projects across Texas including the College Station and New Braunfels markets. In College Station, a homesite is being built for Sergeant Monte Bernado and his family (see more here). In New Braunfels, veteran and Dancing with the Stars celebrity J.R. Martinez was also welcomed to a new homesite (read here).

Lake Ridge just launched a campaign to raise funds and the donation of materials and volunteer time to bring this new homesite project to life for another patriot. To complete the home, we need the community’s help. If you or your company or organization would like to support this “modern day barn raising,” please visit our website. We also invite you to a Town Hall Meeting on July 24 from noon to 2 p.m. if you’re interested in donating supplies or building materials. The meeting will be held at the Dallas Builders Association office located at 5816 W. Plano Parkway in Plano.

Our community invites you to attend a special ground-breaking event for an American hero on Wednesday, July 31 at 10:30 a.m. (3103 Koscher Drive in The Sanctuary at Lake Ridge).

Bill Bates, of Victory Custom Homes and a former Dallas Cowboy, has committed to build this new home on a one-acre homesite in The Sanctuary at Lake Ridge. Bates and additional former NFL players will be on site to celebrate this event as well as Grand Prairie Mayor Ron Jensen.

For more information please call 800-799-8433 or email [email protected].

LRX OFH flyer

Tips on Buying Land in Texas

There are many things that need to be considered when buying land in Texas. We want to provide you with some tips of what to look for when purchasing land in Texas.

Visit at different times of the day. You need to see clearly how your land and the community looks both during the day and the night. What seems like a quiet neighborhood during the day may transform into a hive of noisy activity in the evening when everyone returns home.

Drive around. Particularly if you’ll need to commute, it’s a great idea to drive through the neighborhood and its surrounding streets – even your entire route to work – during the same times of day that you’ll normally be doing it. Try to get a realistic picture of what kind of traffic you’ll be facing each day.

Learn what’s happening. Check local Texas newspapers (and recent archives) for any proposed construction projects. It’s terrible to move into a wonderful new place you love, only to have the entire landscape marred as commercial properties you don’t want start popping up around you, or as convenient streets are rerouted.

Get to know the Property Owners Association. Ask how active neighbors are in the association, and learn what the expectations and requirements are. The more you get to know your neighbors, the more likely they’ll be to look out for you and your family. Property Owners Associations are a great way to get to know influential neighbors, and even to get involved yourself in helping plan holiday events, block parties, and activities that will be fun for every family in the neighborhood.

Find out about taxes. Ask about past home reappraisal patterns and property taxes, and ask about the breakdown of Texas taxes and city taxes in the area. Many counties have websites showing tax assessments and levies. See if you can find specific information on the house and property you’re considering.

Do your homework. Read reviews, use online tools, and talk to neighbors and realtors. Make sure you’re getting what you think you are. Check online for reviews about the neighborhoods, the people, and the schools; check everything that matters to you.

Check the surrounding area. Some homes are in what the industry refers to as “transitional” neighborhoods. Every home is sold for a reason. Make sure you know that reason.

Look into zoning and building codes. Check with City Hall and your neighborhood covenants about property and neighborhood zoning issues. You need to know what restrictions your property may place on your lifestyle. For example, if you have an RV or boat you’re planning to keep somewhere on your property, you need to make sure that’s even allowed.

Lake Ridge

Lake Ridge

SouthStar Communities will help you with all of these concerns, and will help you find the perfect homesite. SouthStar Communities encourages our prospective residents to visit several times. We want you to be absolutely certain that you’ll be pleased and comfortable in your new surroundings. We can provide you with testimonials and references from residents already living in our planned communities, but don’t just take our word for it. We encourage you to read reviews online to see what other people are saying. With SouthStar Communities you’re not just buying a house; you’re buying into a lifestyle!

Read more from the source: realtytimes.com

Ready for Your Dream Home?

DreamHome-Header

Are you ready for your dream home? We have five homes beginning to be scheduled in the next few months, and that makes The Sanctuary one of the most active neighborhoods in all of Lake Ridge.

We understand it’s not always easy to mentally picture how a raw lot can be the perfect place to build your new home. To make it easier, we’ve cleared and prepped six lots for construction, so you can easily envision your home. If you want to see how your dream home can fit on one of these build-ready sites, come back out and see it in person. Once you stand on the pad site and see the view, you will know this is the perfect location for your family.

Schedule an appointment to come see your perfect lot today before the lots are gone. The best part is we didn’t change the prices, so you get the lot prep for FREE.

Call or email us today!

[email protected]

(800) 610-3695

The Sanctuary at Lake Ridge is our newest neighborhood in the Lake Ridge development on the shores of Joe Pool Lake. With properties ranging from half to 1 acre, The Sanctuary features some of the most desirable lake real estate in North Texas. Imagine what it would be like to live in a gated neighborhood paradise complete with panoramic lake and skyline vistas, private pond-front sites and coveted properties where owners can walk down to the shoreline from their own backyard!

Located just 20 miles south of Downtown Dallas and 28 miles from Downtown Ft. Worth, Lake Ridge is ideally situated right in the middle of these two thriving economic hubs. It’s the perfect custom home community for those who are looking to escape the noise of the DFW Metroplex while still being close enough to travel there for work and play.

Music in the Park Concert Series Continues with The Party Crashers

The Music in the Park Concert Series continues tonight in Cedar Hill. Come early to visit the food vendors and have dinner in the park before tonight’s performance by The Party Crashers, an energetic, award-winning band. According to readers of The Fort Worth Star-Telegram Newspaper and the Fort Worth Weekly News, The Party Crashers is the best party band in the DFW metroplex!

Bring blankets or lawn chairs to enjoy this free show, and we invite you to dress up in your best 70s attire!

The Party Crashers

The band specializes in classic Rock and Roll, dance and party music and plays anything from Little Richie to The Red Hot Chili Peppers.  The Party Crashers have also performed at many festivals such as Grapevine Grapefest, Fort Worth Mayfest, Riverfest, Taste of Dallas, Fort Worth Main Street Arts Festival and the Mandalay Arts Festival. They have also performed at the Texas Rangers Baseball Club, Dallas Cowboys Football Club, Dallas Stars Hockey Club and KLUV radio. With the band’s huge presence in town, this is a show not to miss.

Address: (Valley Ridge Amphitheater) 2850 Park Ridge Drive, Cedar Hill, TX 75104

Date: Friday, June 21

Time: 8:00 - 9:30 p.m.

 

Read more from the source: cedarhilltx.com

 

The Lake Ridge community sits within Cedar Hill, with more than 3,000 acres of unmatched beauty. Residents come home to the peace and serenity of a natural landscape, leaving city stress at the community entrance. Visit our blog to learn of more weekend activities in Cedar Hill.

Speak with a representative now!

See if Your Dream Homesite
is Available!



Enter your email address to subscribe to this blog and receive notifications of new posts by email.