Frisco, TX Real Estate News

By Loreena and Michael Yeo, Real Estate Agents
(3:16 team REALTY ~ Locally-owned Prosper TX Real Estate Co.)
I believe that everything is interconnected. Everything has its time and place. Everything happens for a reason. As a Listing agent, I find trying to explain this concept to a Seller (who eagerly awaits for the offer on the house) may not take this advice very well. I totally understand that. After they have worked so hard to prepare for the sale of the house, most Sellers are anxious to move on. How could someone not understand that? I feel that I'm called to become some people's real estate agent. I know I'm not called to help every single buyer and seller out there. So, with the best of my ability, I'm out there, armored to make the sale happen. But sometimes, it's not the house. Some houses sit longer than others and I have seen too many examples that it's not necessarily the price ...
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By Grant Howell, Broker/Owner 214-234-6901
(Alex Lowery Real Estate)
Back in 2006 a huge residential development, called Phillips Creek Ranch, was slated for West Frisco. However, the 948-acre development, located east of FM 423 from Lebanon Road to Old Newman Road, has sat empty ever since. In 2008, Phillips Creek Ranch was purchased by Dallas-based Republic Property Group after it was foreclosed under the original developer. In recent news, the Phillips Creek Ranch development has finally gained approval from the Frisco City Council and is in the planning stages for what will become Frisco's 2nd largest master planned community. Republic Property Group, the developer, says it is excited to move forward with the 903-acre Master–Planned Community located in the heart of West Frisco, one of the most progressive and fastest growing cities in the country. T...
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By Grant Howell, Broker/Owner 214-234-6901
(Alex Lowery Real Estate)
Frisco Continues Its Growth Of New Hotels To Support Demand For area Premiere Sports Attractions, Shopping,Recreation and Meetings ServicesThree new hotels, The Sheraton Stonebriar, Holiday Inn StarCenter and Homewood Suites will change the horizon of Frisco, Texas this summer to increase capacity for it's growing tourism and meetings market market. Over the last several years, Frisco has been recognized as one of the fastest growing cities in America. A true destination center for spectator sports, shopping, recreation and meetings services has created the demand for morehotels.Holiday Inn The Holiday Inn will be an upscale hotel with a contemporary décor and many guest amenities. Guests will enjoy a full service on-site restaurant and lounge, outdoor pool, business center, fitness fac...
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By Grant Howell, Broker/Owner 214-234-6901
(Alex Lowery Real Estate)
Designed as a cultural tourism and an expanded education destination, Frisco's Heritage Center will provide a dynamic picture of what it was like to live and work in Frisco during the past 100 + years. Centered around the Frisco Heritage Museum, which will feature hands-on exhibits, many historical homes, a log cabin and school room, this "living village" will also be home to shops, stores, meeting rooms and teaching facilities. The Heritage Center is scheduled to open Summer 2007. http://www.friscoheritage.org/ Source: Frisco Convention & Visitors Bureau
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By Grant Howell, Broker/Owner 214-234-6901
(Alex Lowery Real Estate)
Studio Movie Grill is coming to Frisco in Spring 2007. This concept, which combines first-run movies, a state-of-the-art viewing experience and high-quality food, will be located in Frisco Square, across the street from Pizza Hut Park. With ticket prices consistent with those of conventional movie theaters, Studio Movie Grill's nine-screen theater will offer numerous exclusive amenities in addition to food and beverage service, including in-theater table service, full bar service and individual leather recliners. In addition, the facility will have sophisticated audio/video equipment, which is expected to help attract hundreds of corporate events and private parties. http://www.studiomoviegrill.com/ Source: Frisco Convention & Visitors Bureau
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By Tina Howell, Little Elm & Frisco Area Real Estate
(RE/MAX DFW Associates VI)
Can you guess the population of Frisco as of April 1st? Every time I see Frisco's growth in numbers all I can say is WOW!  Last month Frisco welcomed 719 new residents.  How many have you met?  Of course I haven't met them all either, but I'd like to wish them all a warm welcome.  If the Frisco Welcome Wagon hasn't found you yet, it will.  Just another reason this city is so dynamic!!!  The estimated residential population is 95,409 people as of April 1, 2007. It is estimated that we will go over the 100,000 mark later this year.Apr 1, 2007: 95,409  +   719Mar 1, 2007: 94,690  +   702Feb 1, 2007: 93,988  +   642Jan 1, 2007: 93,346  + 1,148Dec 1, 2006: 92,198  +   769Nov 1, 2006: 91,429  +   831Oct 1, 2006: 90,598  +   782Sep 1, 2006: 89,816  +   745Aug 1, 2006: 89,071  +   602Jul 1, 200...
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By Tina Howell, Little Elm & Frisco Area Real Estate
(RE/MAX DFW Associates VI)
In March 2007, 181 permits were issued for new Frisco, TX single-family homes, down 38% from March 2006 when 292 single-family permits were issued. For the 2006 / 2007 Fiscal year Frisco has issued 1,069 single-family permits, a 35% decrease from the total of 1,637 permits issued during the same period in the previous year. If you are in the market for a New Home in Frisco TX please let me share my expertise and love of this area with you.  Tina Tina Howell, Realtor®972-762-0658Tina@TinaHowell.comhttp://www.tinahowell.com/Frisco, TX 75034"Proudly serving two of the fastest growing cities in our Nation, Celina & Frisco Texas.  If you are relocating to the Dallas-area and need help from a professional Realtor, give me a call.  Buyer and seller services for Real Estate in Frisco, Celina, P...
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By Grant Howell, Broker/Owner 214-234-6901
(Alex Lowery Real Estate)
 Todays the day.... I am getting ready to go to the opening of the new Wal-Mart Super Center, which has conveniently located itself right around the corner from my West Frisco Home. Traffic is bad right now on Eldorado and I have a feeling its only going to get worse. We did get a new traffic light on Eldorado at the side entrance to the Super Center, but no street modifications as of yet. At the present time, the city has not acquired the right of way s need to widen Eldorado and there is no telling how long this will take. Estimates have ranged from months to years to complete the needed road modification.  Here are some pics of the opening:       I have posted the the permit information from the City of Frisco, which lists all the contractors and their address, the address to Wal Mar...
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By Grant Howell, Broker/Owner 214-234-6901
(Alex Lowery Real Estate)
   http://2073FallsCreek.comHere is the new and improved version of the web page that I set up for every listing. I Added a printable flyer,a virtual tour, a link to order my magazine that uses a form to collect contact info and a blurb for the current owner's about their neighborhood with pictures of HOA activities. Click all the links to see how much information you can give people with just one web page. Once you set up the webpage template, you can use it over and over again. I can't stress how easy this is........ If you google 2073 FallsCreek Little Elm, you will see the whole first page search results are for my listing.Also, the sign rider can be used over again. I just take it back to my local sign shop and they just redo the address. It costs about $9.00.I should also mention ...
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By Grant Howell, Broker/Owner 214-234-6901
(Alex Lowery Real Estate)
More good news is on the horizon for those people who don't like Zillow:A Zillow competitor is: www.realestateabc.com  The name isn't as cool and the design isn't a fluid as Zillow, but it may be better in some ways. For instance, Real Estate ABC allows users to adjust property values for a particular property with an Ajax slider. Adjustable property factors include Interior, Exterior, Lot Size, View, Privacy/Noise and Local Market Conditions. Users can also refine property values by adding or removing comparables directly on the results page. In fact, Real Estate ABC gives significant detail on comparables, including distance from a specific address. Real Estate ABC also provides a mashup with Google maps, although they do not use satellite images like Zillow.You might also want to che...
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By Grant Howell, Broker/Owner 214-234-6901
(Alex Lowery Real Estate)
Many experts agree that the Arizona Board of Appraisal is overstepping it's authority. Only a court or regulating agency can issue an order to Cease and Desist..................So far, this has not happened, as the Arizona Board of Appraisal does not regulate Zillow or public information. At this very moment, Zillow is still providing their Zestimates to Arizona consumers. Zillow is just posting tax information and recent sales that are already out there as public record. I am willing to bet that the The Arizona Board of Appraisal does not have the authority to order Zillow to cease and desist. Anybody can write a cease and desist letter, having the teeth to back it up and enforce it is whole different story. The Federal Trade Commission is the agency who makes any decision concerning Z...
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By Tina Howell, Little Elm & Frisco Area Real Estate
(RE/MAX DFW Associates VI)
City of Frisco Homebuyer Training ClassThe City of Frisco 's next Homebuyer workshop will be held on Saturday, April 21, 2007 from 9 AM to 5 PM at Frisco City Hall , 6101 Frisco Square Blvd in Frisco , TX .  This program is provided free of charge and is sponsored by the City of Frisco, the City of McKinney and Consumer Credit Counseling Service and meets the 8-hour HUD Home buyer Training requirement.  Participants will also learn more about the City of Frisco Down Payment Assistance Program for First Time Home buyers.This is a very informative program that the city holds a few times each year.  Don't miss out!To register, please contact Stacy Brown at (972)292-5114 or via e-mail at http://us.f812.mail.yahoo.com/ym/Compose?To=sbrown@friscotexas.gov If you are in the market for a new Ho...
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By Grant Howell, Broker/Owner 214-234-6901
(Alex Lowery Real Estate)
I have PRE-FORECLOSURE lists available for Frisco and the surrounding areas, Collin &  Denton Counties. My lists give you all the information you need to purchase the property BEFORE it goes to foreclosure. My lists are compiled from public record at their respective county courthouses. I work with investors and we were writing 5 or more contracts before acquiring 1 property, talk about frustrating. Anybody out there who has bid on bank owned properties knows what I am talking about!!! Now, we are beating everybody else the punch by acquiring the property before it goes to foreclosure and becomes REO. If you are interested in learning more and are a SERIOUS investor or buyer, please contact me at 214-234-6901 or email me at info@granthowell.comClick here to see a Sample List  (Full list...
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By Grant Howell, Broker/Owner 214-234-6901
(Alex Lowery Real Estate)
Clean It & Green It and Chunk Your JunkSaturday, April 218 a.m. to 12 p.m.IKEA7171 IKEA Drive    Frisco residents join the "Frisco Green Team" for a city wide clean up event!  Volunteers will help with roadside litter collection, hazardous waste and unwanted item disposal.  This family friendly event begins and ends at IKEA, 7171 IKEA Drive.  Acceptable, unwanted items include:roadside and household trash; carpet;furniture, fencing, lawnmowers (must be free of gasoline and oil); metal and wood poles;grills; tiles; kitchen cabinets; and appliances. State law requires refrigerators, freezers and air conditioners must be tagged ‘freon-free' by a certified technician.Participants wii dine on a free IKEA Lunch and environmental education will be going on all day.To pre-register or for more i...
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By Grant Howell, Broker/Owner 214-234-6901
(Alex Lowery Real Estate)
 As you know, construction of the extension of the Dallas North Tollway from Highway 121 to US 380 is well under way. The project broke ground in March of 2005 and is estimated to cost $264 million. Known as the DNT Extension Phase 3, the project is approximately 9.6 miles long and has three lanes in each direction. When complete, it will provide a vital route to downtown Dallas for motorists coming from Frisco and the fast-growing cities to its north.More than 70 percent of the roadway construction is completed. Placement of concrete paving is complete near the main toll plaza north of Main Street in Frisco, just south of Eldorado Parkway. Bridge decks are complete at Main Street, Cotton Gin Road, Cotton Wood Branch Road, the BNSF Railroad Crossing, Panther Creek Road and Parvin Branch...
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By Grant Howell, Broker/Owner 214-234-6901
(Alex Lowery Real Estate)
The new West Frisco Wal-Mart Super Center is set to open on April 18th. For better or worse, we have to live with it and the traffic. The City Manager told the newspaper that Wal-Mart will generate $50 million in annual sales, which is about half right. Under the agreement, Frisco taxpayers will lose a half-cent sales tax break over the store's first 10 years, equaling $250,000 per year. The city also gave away its thoroughfare, water, and sewer impact fees. Wal-Mart agreed to pay for the costs of upgrading the roadways near the site, including deceleration and turn lanes, median cuts, street lights, and traffic signals, amounting to about $702,000. But the retailer had to make such improvements in order to get traffic to their store, so these improvements serve only that retail site.  ...
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By Grant Howell, Broker/Owner 214-234-6901
(Alex Lowery Real Estate)
These properties have been reduced for a quick sale. I will be updating this gallery daily with properties that meet my "hot properties" criteria. The deals are right here and include corporate properties and must sell situations. Please contact me at 214-234-6901, if I can provide any information or tailor a property search for your specific needs.
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By Grant Howell, Broker/Owner 214-234-6901
(Alex Lowery Real Estate)
             Frisco, TEXAS (March 12, 2007) - Frisco Square, a master-planned lifestyle community in the heart of Frisco, announced today that it leased 4500 square feet to Lochrann's-Irish Pub and Eatery which will be located in the building at the Southeastern corner of Main Street and Coleman Boulevard, directly across from Pizza Hut Park. The new restaurant intends to open in mid-October of 2007.  Chris Thomas, Senior Vice President, and Ross Golman, Vice President, both with The Retail Connection represented Frisco Square.         Lochrann's-which in Gaelic means "lantern", a symbol for entertainment, livelihood and a safe-haven-will boast an upscale environment, with much of its mahogany décor and wait staff imported directly from Ireland. The full-service bar and eatery will serv...
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By Grant Howell, Broker/Owner 214-234-6901
(Alex Lowery Real Estate)
Projected to be one of the largest mixed-use communities in the nation, the 147-acre Frisco Square is designed around a traditional town-center concept in which residents can live, work and play in an urban-style, pedestrian neighborhood. The master plan calls for some 1.9 million square feet of office space, 550,000 square feet of retail space, 110,000 square feet of restaurant space and 80,000 square feet of municipal facilities in addition to townhomes and apartments.         LandPlan Development Corp. has acquired 30 acres of land for 500 new townhome, stacked flat and condominium units in Frisco Square, at the southeast corner of the Dallas North Tollway and Main Street. Homes will range in size from approximately 1,350 to over 3,500 square feet and be priced from the $220s to the ...
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By Grant Howell, Broker/Owner 214-234-6901
(Alex Lowery Real Estate)
The residential development, Knolls of Frisco, is designed under the Single Family-4 standards. To find out about the requirements for SF-4 lots please visit the Planning & Development pages on the City's website at friscotexas.gov. On the Planning & Development page select Ordinance and then the link to the Comprehensive Zoning Ordinance. This will give you all of the standards for SF-4. or see below:ARTICLE III - ZONING DISTRICTS SECTION 1 - RESIDENTIAL DISTRICTS SECTION 1 RESIDENTIAL DISTRICTS 6.01 SF-4 - SINGLE FAMILY RESIDENTIAL DISTRICT - 4  6.02 GENERAL PURPOSE AND DESCRIPTION: The SF-4, Single Family Residential District is intended to be similar to the SF-2 and SF-3 Districts except composed of detached, single family residences on lots of not less than eight thousand five hund...
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