




$475,000
1016 Lancaster Drive, McKinney, TX, 75071
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About this property
Why wait to build the home of your dreams when you can have it now. This newly built Chesmar home left no detail unattended. Even before you enter the home, you'll notice the stone elevation along with the decorative landscaping giving you all the desired curb appeal. As you enter, your office awaits for most of us who are still working from home. Also, if you're into fine entertaining, there's also formal dining. The use of space in this home is so worth mentioning. Open floor plan, master down, so much of a split that you can keep the entertainment upstairs along with the kiddos. This community provides so many amenities, you will never have to leave your home. Close to everything, this is home! Must see!!
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Learn About the Market: Opportunity in Texas




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Texas
Living in Texas means access to four of the nation’s most dynamic metro economies — Dallas–Fort Worth’s corporate and logistics powerhouse, Houston’s global energy and medical hub, Austin’s tech-driven and culturally iconic Live Music Capital of the World, and San Antonio’s historic yet steadily expanding military and healthcare center. The state blends economic scale with cultural significance, rooted in independence, entrepreneurship, and a strong sense of place — from Friday night football to world-renowned barbecue and music festivals. For homebuyers, Texas offers comparatively attainable housing, no personal income tax, and master-planned communities built around space and convenience; for investors, continued population growth, business relocation, and diversified industries create sustained demand across urban cores, suburbs, and emerging secondary markets.
Population Growth
~1.3% annually
Net Migration
Positive
Median Home Price
$283,800
Unemployment Rate
4.3%
Price Trend
Flat
New Permits
158,121
City: McKinney
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