Flower Mound - Highland Village - Argyle | July 2025

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Flower Mound Highland Village Argyle Edition VOLUME 8, ISSUE 9  JULY 8AUG. 7, 2025

2025 Home Edition

Building contraction Declining construction impacts LISD enrollment

ELEMENTARY SCHOOL ZONE: ANNUAL CONSTRUCTION STARTS  FUTURE HOMES TO BE BUILT Map key

MORNINGSIDE: 15  0

TOM HICKS: 8  180

MCAULIFFE

VALLEY RIDGE: 0  232

Active and built developments Future development

LAKE LEWISVILLE

OWEN: 5  0

Groundwork underway

ETHRIDGE: 0  5

PETERS COLONY

Statewide average

HERITAGE: 17  57

10 housing units built

5-6 students

HIGHLAND VILLAGE

CAMEY

MILL STREET: 4  8

Lewisville ISD

PRAIRIE TRAIL: 0  141

SRT TOLL

FLOWER MOUND: 20  0

MEMORIAL: 58  232

MEMORIAL: 58  232

10 housing units built

3 students

35E

CROSS TIMBERS RD.

BRIDLEWOOD

TIMBER CREEK: 0  15

DEGAN

• 41 actively building subdivisions • 1,605 future housing units within planned subdivisions • 12 elementary school zones with 0 construction

121

INDEPENDENCE: 42  0

CASTLE HILLS: 7  0

INDIAN CREEK: 1  61

CENTRAL

LAKELAND

VICKERY

LIBERTY: 1  335

FOREST VISTA: 0  54

COYOTE RIDGE

DONALD

POLSER

LEWISVILLE:

HOMESTEAD

WELLINGTON: 8  0

SRT TOLL

GARDEN RIDGE

OLD SETTLERS: 3  4

starts and 0 future homes to be built

PARKWAY

HEBRON VALLEY

BLUEBONNET: 3  127

NOTE: ONLY ELEMENTARY ZONES WITH ACTIVITY ARE SHOWN. DATA IS BASED ON DEMOGRAPHIC UPDATES COVERING 2024.

ROCKBROOK: 0  138

LAKE GRAPEVINE

THIS DATA IS NOT COMPREHENSIVE.

35E

SOURCE: ZONDA EDUCATION COMMUNITY IMPACT

BY HEATHER MCCULLOUGH & CONNOR PITTMAN

SOUTHRIDGE: 15  0

CREEKSIDE: 0  16

MAP NOT TO SCALE N

Within Lewisville ISD, home values continue to climb while the amount of new construction declines, according to data from Zonda Education, LISD’s contracted demographer. This has contributed to declining enrollment within LISD, which has dipped every school year since 2015-16. Jennah Ciers, a local real estate agent, said LISD remains a desirable district to live in, which has contributed to higher home prices and a competi- tive market.

would have paid, and make many residents in the area reluctant to sell and buy again at higher monthly payments, said Bob Templeton, vice president of Zonda Demographics. “Folks aren’t going to sell and relocate … because if they need a mortgage, now they’re going to be at an interest rate that is near 7%,” he said. “That has a huge impact on the monthly payment.”

“First-time [homebuyers] are priced out of these established neighborhoods and that really does impact our schools,” Ciers said. “Now, we don’t have the same number of school-age children.” One factor driving the slowdown of new families moving into the district is more homeowners are opting to age in place. Interest rates in the area are hovering around 6% to 7%, which is higher than what individuals who bought or renanced in 2021

CONTINUED ON 14

Also in this issue

Impacts

Transportation

Events

Page 5

Page 7

Page 8

Check out the latest on Nordstrom Rack coming to Flower Mound

Read about lane closures on Flower Mound roadways

Learn more about live musical performances in Flower Mound, Highland Village

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FLOWER MOUND  HIGHLAND VILLAGE  ARGYLE EDITION

Impacts

NORTHLAKE

T E A S L E Y L N .

• 2221 Justin Road, Ste. 107, Flower Mound • www.pinchapenny.com

Argyle

35E

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HI C K O R Y H I L L R D .

OLD TOWN BLVD.

5 Texas Breeze Urgent Care It provides residents with convenient access to personalized urgent care services from 8 a.m. to 8 p.m. every day. This is Breeze’s 31st location in North Texas. • Opened June 24 • 125 FM 407, Ste. 110, Argyle • http://breezeurgentcare.texashealth.org

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Lantana

Highland Village

SHOAL CREEK

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MARKETPLACE LN.

Bartonville

Coming soon

JUSTINRD.

CHINN CHAPEL RD.

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BRIDLEWOOD BLVD.

35W

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6 Lightbridge Academy Lightbridge Academy plans to offer infant, toddler, preschool and pre-K programs, co-owner Vishal Gandhi said. The education center’s curriculum includes math, science, creative arts, literacy and writing, according to its website. • Opening in spring 2026 • 3201 Long Prairie Road, Flower Mound • www.lightbridgeacademy.com/flower-mound-tx 7 Maya Creamery & Lounge Maya Creamery & Lounge serves hand-rolled ice cream available in several signature and Indian-inspired flavors, along with a selection of toppings. The menu also includes faloodas, an Indian dessert, crepes, macarons, fruit fusion tea and bubble tea, owner Ramya Sampath said. • Opening in July • 1260 Flower Mound Road, Ste. 100, Flower Mound • Instagram: Maya Creamery & Lounge 8 Woof Gang Bakery & Grooming Woof Gang sells pet food, toys, pet supplies, treats and wellness items, according to its website. The business also has full-service pet grooming. • Opening July 24 • 1101 Shoal Creek Drive, Ste. M140, Highland Village • www.woofgangbakery.com 9 WoundX The business offers mobile wound care services, including treatments for dermatitis, infectious disease

C OLLEGE PKWY.

WAKETON RD.

Flower Mound

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114

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FLOWER MOUND RD.

MAP NOT TO SCALE

GRAPEVINE LAKE

N TM; © 2025 COMMUNITY IMPACT CO. ALL RIGHTS RESERVED.

NOKE

Westlake

AKESIDEPK W

• 3194 FM 407, Ste. 203, Highland Village • www.grainandberry.com GRAPEVINE LAKE

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Now open

1 Argyle Pediatric Dentistry The dental office provides a selection of services, including X-rays, teeth cleanings, sealants and cavity fillings, said Dr. Vishal Panchmatia, the owner and a board certified pediatric dentist. The practice provides treatments for patients from birth until they are 18 years old, Dr. Panchmatia added. • Opened May 19 2 Grain and Berry Grain and Berry’s menu includes acai bowls, pitaya bowls, spirulina bowls, yogurt parfaits and smoothies, fresh juices, and plant-based flatbreads and quesadillas. The cafe menu is all vegetarian, but select dishes are gluten-free, vegan, and dairy-free. • Opened May 31 • 8131 Gateway Drive, Ste. 700, Argyle • www.argylepediatricdentistry.com

3 The Green Room The indoor golfing facility is open for 24 hours, seven days a week. Participants have access to four simulator bays, a putting area and TOURPUTT, an artificial intelligence program to help golfers practice, co-owner

Rick Sanchez said. • Opened May 17 • 151 FM 407, Ste. 103, Argyle • www.tgr.golf

4 Pinch a Penny After a temporary closure earlier this year, new owners have taken over Pinch a Penny in Flower Mound. The business sells a variety of pool care supplies, such as chlorine, filters and pool cleaners, according to Pinch a Penny’s website. • Reopened May 16

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COMMUNITYIMPACT.COM

BY COMMUNITY IMPACT STAFF

12 TBK-The Bees Knees The Bees Knees offers unique apparel for women, changing out the theme so that shoppers see something different when they come in, owner Aimee Buckert said. The business also sells jewelry, handbags and gifts for women. • Relocated April 25 • 138 Old Town Blvd., Ste. 102, Argyle • www.tbkthebeesknees.com

management, and acute and chronic non-healing wounds, according to its website. • Opening in September • 8131 Gateway Drive, Ste. 900, Argyle • www.txwoundx.com

Coming soon

What’s next

10 Gracie Barra Construction to renovate a space to accommodate martial arts studio Gracie Barra in Highland Village is set to begin in early June, according to a filing with the Texas Department of Licensing and Regulation. Work is expected to last through late July. • 200 Marketplace Lane, Ste. 205, Highland Village • www.graciebarrahighlandvillage.com

Closings

13 EVA The business originally opened in December 2022 and offered virtual reality gaming within arenas up to 5,600 square feet, according to EVA’s website. • Closed in May • 3150 Justin Road, Building C, Flower Mound • www.eva.gg/en-US 14 Plaid Fox The business permanently closed its brick and mortar shop in Flower Mound due to high rent and not enough business, Plaid Fox representative Gwen Fox said. • Closed May 17 • 5801 Long Prairie Road, Ste. 740, Flower Mound • www.plaidfoxresale.com

15 Nordstrom Rack Nordstrom Rack sells a selection of on-trend apparel, accessories, beauty products, home decor and shoes at discounts of up to 70% off, per the news release. Shoppers at Nordstrom Rack can shop merchandise from many of the brands typically found in a Nordstrom store. • Opening in fall 2025 • 6101 Long Prairie Road, Ste. 500, Flower Mound • www.nordstromrack.com

Relocations

11 Argyle Feed and Hardware The store has been open since 2015 and offers farm and ranch equipment, lawn care supplies, animal feed, hardware, home and gift items. • Opening at the new location Aug. 16

• 3450 SH 114, Fort Worth • www.argylefeedstore.com

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FLOWER MOUND - HIGHLAND VILLAGE - ARGYLE EDITION

News

BY CONNOR PITTMAN, MARY KATHERINE SHAPIRO & CODY THORN

Argyle, Lewisville ISDs approve teacher, staff raises

Flower Mound increases homestead exemption to 20% Flower Mound officials approved setting the local homestead exemption at the highest level allowed for a municipality at its June 16 meeting. What you need to know The new homestead exemption will apply to bills that will be sent out later this year, according to town documents. Despite the increase, Chief Financial Officer John Zagurski said the burden from the exemption should shift to the town’s commercial tax base. “If we go to 20%, it will keep the rate slightly higher, even though homeowners will get more benefit,” council member Adam Schiestel said.

Both Argyle and Lewisville ISDs have approved compensation increases for their staff. The details LISD staff presented a compensation package that included a 3% raise from the midpoint for all staff and an increase in substitute teachers’ pay rates for the 2025-26 school year. Substitute teachers’ pay will see an average increase of about $7, from $128.57 to $135.71, depending on degree and/or certifications. However, the raises for staff members will take a hit due to an increase in health insurance costs, according to district staff. AISD’s cost of the compensation plan will not exceed $2.5 million and includes staff and employees not on the teacher pay scale. Similar to LISD, there are also projected increases in health insurance premiums.

Teachers who have completed 3-5 years or more than 5 years of experience will have raises as outlined in House Bill 2 approved during the 89th Legislative Session. $2,100 raise for Argyle ISD teachers with less than 2 years of experience $2,074 raise for Lewisville ISD teachers with less than 2 years of experience $2,500 increase for classroom teachers who have completed 3-5 years of experience $5,000 raise for classroom teachers who have completed more than 5 years of experience 3% midpoint raise for other Lewisville ISD staff 3.5% midpoint raise for other Argyle ISD staff

SOURCES: LEWISVILLE ISD, ARGYLE ISD/COMMUNITY IMPACT

Highland Village council hires Dean Construction for Pilot Knoll Park project Highland Village City Council named a construc- tion manager at risk for proposed improvements within Pilot Knoll Park, located along Lewisville Lake, at its June 10 meeting. The overview Construction will now oversee the design work, which is around 60% complete, and provide a guaranteed maximum price for the project. 2021 February: Texas Parks and Wildlife Department awards city $750,000 grant

Highland Village approves certificates of obligation to fund improvements

City staff originally budgeted $6.41 million for the park’s upgrades, according to town docu- ments. Improvements include adding 16 cabins, reconstructing the entry gatehouse, and improv- ing the camp, RV and boat ramp areas of the park.

2025 2024

Highland Village staff had been working with engineering and architecture firm Dunaway to design improvements to Pilot Knoll Park. Dean

June: Dean Construction hired as construction-manager at risk for project, additional infrastructure issues identified

SOURCE: CITY OF HIGHLAND VILLAGE/COMMUNITY IMPACT

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COMMUNITYIMPACT.COM

Transportation

BY CONNOR PITTMAN

$2.2M Flower Mound Road construction to wrap up this summer

Construction crews with F&F Concrete Construction started working on the outside eastbound travel lane of Flower Mound Road between Old Settlers Road and Arbor Creek Lane in early June. The details During construction, the inside eastbound lane will be open to traf- fic, but the south side of the Arbor Creek intersection will be closed, per the news release. Similar to the first four phases of construction, concrete panel replacements are planned for the road segment. “We’re replacing the failed con- crete panels as part of our ongoing maintenance program to extend the overall life of the roadway and avoid more costly full reconstruc- tion in the future,” Flower Mound’s Communications Director Melissa

Demmitt said in an email. Traffic delays during the project are expected and work crews will post detour signage for alternate routes around the construction area. The estimated cost for the final phase of construction is $500,000. Demmitt said the entire Flower Mound Road concrete panel replacement project costs $2.2 million and is funded through the town’s sales tax dedication to street maintenance. Looking ahead The final phase of the project is expected to wrap up by the end of July, Demmitt said. “This work has been scheduled over the summer months to mini- mize disruption, particularly with school out of session,” she said.

ARBOR CREEK LN.

Flower Mound

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$3.1M FM 407 road work underway

Construction on intersection improvements at FM 407 and FM 2499, which includes a reconfig- uration of travel lanes to improve operational efficiency, began in mid-June. The overview The $3.1 million project includes: • Providing three through lanes, dual left turn lanes and a dedicated right turn lane for

northbound and southbound traffic • Providing dual left turn lanes, two through lanes and a dedicated right turn lane for eastbound and westbound traffic During construction, lane clo- sures are planned, TxDOT Public Information Officer Tila Grant said in an email. Work is expected to wrap up in April 2026.

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FLOWER MOUND - HIGHLAND VILLAGE - ARGYLE EDITION

Events

BY ADAM DOE

July

Live Music Thursday and Friday Local musicians, including Alex Caruthers, Steve Trevino, Matt Brooks and Kevin Lovett will perform free concerts at Whiskey and Smoke. • July 10-11, 7-9:30 p.m. (every Thursday and Friday through Aug. 29) • Free • 4120 River Walk Drive, Flower Mound • tinyurl.com/WandSLiveMusic Karaoke at the Bartonville Tavern Grab a drink and hit the stage for Karaoke every Tuesday night at the Bartonville Tavern. The tavern also hosts trivia and live music. • July 15, 7:30-9:30 p.m. (every Tuesday) • Free Music Bingo at the Brass Tap Players will listen to song clips and match the song title or artist to their music bingo cards. • July 16, 6:30-8:30 p.m. (every Wednesday) • Free • 4151 Waller Creek, Highland Village • tinyurl.com/BTMusicBingo Kenny Chesney Tribute Band Kenny Chesney tribute band Barefoot Nation will perform at Whiskey and Smoke. • July 19, 7-10:30 p.m. • $21.69-$52.02 • 4120 River Walk Drive, Flower Mound • tinyurl.com/BarefootSmoke • 2652 FM 407, Bartonville • tinyurl.com/BartKaraoke The Ramazinis Enjoy a two-person circus show at the Flower Mound Public Library from the Ramazinis, a circus duo specializing in acrobatics, juggling and contortion. • July 24, 3-4 p.m. • Free (registration required) • 3030 Broadmoor Lane, Flower Mound • tinyurl.com/LibraryCircus

Sounds of Summer Concerts As part of The Shops at Highland Village’s Summer Vibes event series, Sounds of Summer brings local musicians to the new Backyard event space. Every Thursday through Aug. 14, local musicians will perform alongside giveaways and craft stations. Dolby Kings at the Bartonville Store Head to Bartonville to enjoy a performance from Dolby Kings, a Texas band specializing in classic ‘70s songs. • July 25, 8:30-11:30 p.m. • $15 • 96 McMakin Road, Bartonville • tinyurl.com/Dolbykings BV Paint and Sip Ladies Night Bring your own beer and wine to a night of painting. Instructors will guide the session and no art skills or supplies are required. • July 26, 5:30-7:30 p.m. • $45 • 1624 FM 407, Argyle • newsongschoolofthearts.com/paintsip

• July 10, 7-9 p.m. (every Thursday through Aug. 14) • Free

• 1701 Shoal Creek, Highland Village • tinyurl.com/HighSummerMusicFree

Summer art with the Dallas Museum of Art Create your very own watercolor artwork in the style of French pop art pioneer Fernand Léger. • July 29, 2 p.m. • Free (registration required) • 3030 Broadmoor Lane, Flower Mound • tinyurl.com/summerartdma Burning Soles Trail Series Race 6 Run 5K and 10K races at the Northshore Trail. The eight- race series alternates between the Northshore Trail and Erwin Park in McKinney each week. • July 30, 6:30 p.m. (10K); 7:15 p.m. (5K) • $16-$40 • 2908 North Park Drive, Flower Mound • tinyurl.com/runningsoles

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Real estate

BY CONNOR PITTMAN

Home Edition

2025

Readers, welcome to your annual CI Home Edition! It’s that time of year where we at Community Impact dig into stories affecting homes in the market. The big story focuses on how housing affordability in the area and explore the impacts to current and future enrollment numbers in Lewisville ISD. Other stories in the Home Edition include a look at how Denton Central Appraisal District navigates additional notice requirements and a backlog of homestead exemption applications, with its small appraisal staff. The team also gathered information on planned developments across the market, such as Furst Ranch and Harvest House, with more updates below. We also asked a realtor for tips on buying and selling during a buyer’s market. Additionally, read about Modern Blu’s approach to tackling renovation projects around the house and how they manage job sites differently than other companies. All of the home edition’s content is compiled by our team of local reporters and supported by ads from local businesses. Happy reading!

What's inside

Read the latest on updated homestead exemption notice requirements (Page 10)

Connor Pittman Editor cpittman@ communityimpact.com

Check out homebuying tips during a buyer’s market from a local realtor (Page 11)

Learn how Modern Blu tackles bathroom, kitchen renovation projects (Page 12)

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HUNTER HILL LN.

Coming soon

Argyle

HICKORY HILL RD.

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4 Harvest House Project: A 349-unit multifamily complex is planned within Argyle’s Harvest mixed-use development. The complex will include 90 townhomes and 259 apartments. Update: Pre-leasing for the units is expected to begin this fall and the project is expected to be completed in late 2026. • Located near the intersection of FM 407 and I-35W in Argyle • www.harvestbyhillwood.com

homes and 1,000 senior living units. Furst Ranch includes three distinct single-family neighborhoods: High Plains, Prairie Vista and Cross Timbers along with a dedicated mixed-use district. Update: Groundwork is underway on around 300 lots. Starwood Land joined the development team in April, replacing Hines, and will partner on the buildout of the single-family neighborhoods. • Located near the intersection of US 377 and Cross Timbers Road in Flower Mound • www.furstranch.com 3 Monarch Project: The 200-acre mixed-use development will include 278 townhomes along with more than 470,000 square feet of commercial and restaurant space. Update: Flower Mound Town Council approved a master thoroughfare plan that will allow for a minor arterial connecting to I-35W to be built within the development.

In the works

1 Eden Ranch Project: Within the Cross Timbers Conservation Development District, the cluster development sitting on around 335 acres will have 168 single-family homes. The proposal replaces the former Cummings Ranch project. Update: The planning and zoning commission held a work session June 9 as outlined by the town’s development standards. • Intersection of Cross Timbers Road and Shiloh Road in Flower Mound • www.edenranch.com 2 Furst Ranch Project: The 2,300-acre mixed-use development will include 3,000 single-family homes, 5,000 multifamily

• Near the intersection of Cleveland-Gibbs Road and I-35W in Flower Mound • No contact information is available This list is not comprehensive.

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FLOWER MOUND - HIGHLAND VILLAGE - ARGYLE EDITION

Real estate

BY CONNOR PITTMAN & CODY THORN

Denton Central Appraisal District addresses backlog, notices

Keller Williams Realtor Newman Dalton speaks on DFW housing market Throughout the Dallas-Fort Worth metro area, changes in the housing market have contrib- uted to trends that may favor buyers, industry professionals say. In an interview with Community Impact , Realtor Newman Dalton of Keller Williams Realty in South- lake discussed some of the changes the market is seeing this summer for both buyers and sellers. Dalton posts content on his YouTube page, The Roof List, looking at the DFW housing market. What have you seen so far in the past ve to six months in the dierence in the housing market? We’re not necessarily going through a recovery in terms of ... going to go back to where things were in 2020, 2021, 2022; I think we’re actually going through more of a correction. It doesn’t look as

though we’re going back to 2.5% or 3% mortgage rates. We’re probably going to be settling back into normal. If you look at the last 40 years, ... between 1981 and 1983, mortgage rates got up to 18% and that was one anomaly on one end. Then the completely other end was what we saw in [20]21 and [20]22 with the lower mortgage rates, whereas the average is 7.42%. It’s actually looking like a market correction, maybe leaning toward more of a buyer’s market. What leads to the market becoming a buyer’s market? Some homes are experiencing price drops on listings in the area. The other thing is days on market. If you have price drops, [if] you have long days on market, then you’ve got a little bit more bargaining power on the side of buyers. If somebody wants to sell a home, what are things you kind of recommend they do, or what should they do before they list it? You want to make sure that your home is in a good state of repair. Pay attention to the details. I was at a home, showing some folks the house. The seller had done, I want to say, approximately

When information from documents, such as a driver’s license, is tied to a dierent address, individuals may need to provide verication their residence is eligible for a homestead exemption. “If nothing has changed on your property, and you didn’t get a letter from us asking for a new application, then you’re good,” he added. Additionally, municipalities within Denton County exempt percentages of property values from local taxes, which can result in a decreased homestead exemption if appraised values decrease, Spencer said. Flower Mound Chief Financial Ocer John Zagurski added that a decrease in appraised values, which triggered a notication, created confusion for some residents. Diving deeper Despite the increased mandates, the appraisal district did not receive more resources and is dealing with a backlog, Spencer added. “We don’t like being behind on this stu,” he

Because of recent changes to state law, local homeowners may have received additional notices regarding homestead exemptions. Denton County Chief Appraiser Don Spencer said the appraisal district is required to send out notices in the following situations: • If a homeowner does not have a homestead exemption but appears to qualify for one • If a property’s homestead exemption needs to be veried as part of the reappraisal process • If the value of a homestead exemption changes because of uctuations in appraisal value What you need to know The Denton Central Appraisal District is required to reappraise values every ve years to comply with Senate Bill 1801, and has split the county into ve areas, Spencer said. The reappraisal allows ocials to conrm that properties still qualify for homestead exemptions.

By the numbers

20K homestead applications received in 2025

8.5K homestead exemption applications in April and May 2025

COURTESY NEWMAN DALTON

8K-9K homestead exemption application backlog 4 dedicated appraisal sta at Denton Central Appraisal District

$20,000 worth of structural repairs, but then there was a ... vent in the ceiling that was missing, so it’s a hole in the ceiling. While the seller had spent all that time and money correcting their foundation and other things, all the person in the home could see was that missing air vent. That kind of mentally negated everything else. Just making sure your home is in a good state of repair is going to make you a lot more competitive.

SOURCE: DENTON CENTRAL APPRAISAL DISTRICTCOMMUNITY IMPACT

said. “With the coupling of the mass amounts of homestead exemption applications we get, and being inadequately staed, we’re at capacity.” The appraisal district rolled out new software called TrueRoll last November, which is creating opportunities to make processes more ecient, including exemption verication, Spencer said.

This interview has been edited for length and clarity. For a longer version, visit communityimpact.com .

LEWISVILLE 2416 S Stemmons Fwy (214) 488-0888

WESTLAKE 2341 Highway 377 (817) 490-9072

DENTON 2315 Colorado Blvd (940) 243-2929

Real estate

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COMMUNITYIMPACT.COM

BY ADAM DOE

things are done correctly.” The company primarily serves Corinth, Flower Mound, Coppell, Grapevine, Southlake, Copper Canyon, Colleyville, Highland Village and Denton, Bailey said. The company has a by-appointment showroom at 5810 Long Prairie Road. What they oer In addition to bathroom and kitchen remodels, Modern Blu specializes in bigger, more complicated jobs like whole-home remodels, room additions and moving walls and pipes, Bailey said. “And we do roofs, a lot of roofs,” Payne added. Bailey said one of their most common jobs is remodeling and opening walls in galley kitchens to add more workable space. Bailey mentioned a job the company recently completed where contractors removed most of a wall in a galley kitchen, opening up the space between the kitchen and living room, and creating a kitchen island, adding space to move. “The family’s ability to operate in the kitchen and interact with anyone in the living room is now completely revolutionized because we’re able to

open up the homes in that way,” Bailey said. “That’s really the beauty of what we get to do every day, is we get to change the way a person experiences their home.” The company is equipped to execute high-end remodels with functional, long-lasting building materials, Bailey said. Also of note Modern Blu uses a unique organizational structure where the salespeople also manage the remodeling projects, and frequently visit the job sites. Most construction businesses have a sales team separate from production, which can cause overselling and communication errors, Payne said. “Our sales people are the same ones that run the jobs,” he said. Having the sales sta also handle the project management streamlines communication between the clients and the company, Payne added. “It denitely helps with communication because you’re the single point of contact from the beginning to end,” said Jill DeYoung, a member of Modern Blu’s sales, design and project management sta.

Modern Blu owns a showroom in Flower Mound.

ADAM DOECOMMUNITY IMPACT

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FLOWER MOUND  HIGHLAND VILLAGE  ARGYLE EDITION

From the cover

Building contraction

BY HEATHER MCCULLOUGH & CONNOR PITTMAN

Lewisville ISD's new/existing home prices

The impact

What’s happening?

Average new home price

Average existing home price

K.E. Boyd, a local real estate agent in North Texas, said that despite a buyer’s market, which is when the supply of houses exceeds the demand, younger families are being priced out of homebuy- ing because home prices have substantially grown in recent years. “We’re not seeing a lot of people move out because it’s a buyer’s market and they think it’s a horrible time to sell,” Boyd said. Another factor in housing affordability is interest rates. Boyd said that for every 1% increase in interest rates, it corresponds to a 10% decrease in buying power for a homeowner. If a homebuyer could afford a $600,000 house with a 4% interest rate, that same individual could only afford a $540,000 home with a 5% interest rate. “When you’re used to looking at houses at $600,000 and now you are looking at houses

$1M

Total homes sold in Lewisville ISD The amount of homes sold within Lewisville ISD’s boundaries has decreased over the past three years. 8K

$823,510

79.01% increase

$800K

$600K

$460,035

58.8% decrease

$583,787

$400K

6K

$361,079

61.68% increase

$200K

4K

$0

2K

0

SOURCE: ZONDA EDUCATION/COMMUNITY IMPACT

SOURCE: ZONDA EDUCATION/COMMUNITY IMPACT

that are $540,000, it’s difficult to make that shift because a $540,000 house is not going to be as nice as a $600,000,” she said.

One of the reasons for LISD’s declining enrollment is the decreasing amount of home sales in the last three years. Between 2023 and 2024, new home sales declined by 14%, according to Zonda Education data. New and older homes are about the same price, which encourages buyers to purchase new homes for their updated amenities, Templeton said. “That’s not good for Lewisville because they don’t have many [new homes],” he said. Additionally, more multifamily homes are being constructed. “A lot of these apartments are built for professionals, empty-nesters or lock- and-leave flexible housing arrangements because they may be here temporarily,” Templeton said. “So we don’t see high yields [of students] in multifamily.”

By the numbers

Lewisville ISD enrollment

Projected

As LISD’s attendance continues to decrease, the district is expected to lose millions in state funding tied to attendance.

40K 50K 60K 30K 20K 10K 0

16.71% decrease

School years

SOURCES: ZONDA EDUCATION, TEXAS EDUCATION AGENCY/COMMUNITY IMPACT

Looking ahead

no more inventory left, it increases the value of those houses.” If high interest rates persist, purchasing homes could remain challenging. “Dropping the interest rates would be a big benefit to younger first-time homebuyers, and then they might get back into the market,” Templeton said.

LISD trustees approved the closure of five elementary schools for the 2025-26 school year Dec. 9. This saved the district $2.3 million, according to district documents. Additionally, as LISD reaches full build-out, property values are likely to increase, Boyd said. “There’s certain high schools around here that are in high demand,” she said. “When there is

The declining enrollment has led to less state funding for LISD since Texas schools gain state revenue based on average daily attendance. “Forecasts project enrollment will stabilize around 43,000,” LISD Superintendent Lori Rapp said. “While this shift does impact our funding, we are proactively adjusting our budget to prioritize the classroom and protect the student experience.”

14

COMMUNITYIMPACT.COM

In May, more than 310 homes were sold across Flower Mound, Highland Village and Argyle, according to data from Collin County Area Realtors. Last month, nearly 500 homes were newly listed for sale. Residential market data

Number of homes sold

May 2024

May 2025

-20.59%

0%

-12.96%

+6.98%

+8.33%

75022

75028

75077

76226

76247

35W

35E

76247

76226

75077

377

Median home sales price

May

2024

2025

75022

75028

$816,500 $635,000 $563,000 $558,942 $455,680

$765,000 $580,000 $460,000 $615,000 $405,000

75022

N

GRAPEVINE LAKE

75028

Homes sold by price point

75077

May 2025

76226

32

$1 million+

76247

47

$700,000-$999,999

162

$400,000-$699,999

Number of new listings

-23.08%

+17.98%

+2.94%

+5.69%

+21.6%

71

$100,000-$399,999

0

<$100,000

MARKET DATA COMPILED BY COLLIN COUNTY AREA REALTORS • WWW.CCAR.NET

75022

75028

75077

76226

76247

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FLOWER MOUND - HIGHLAND VILLAGE - ARGYLE EDITION

A PLACE FOR YOU. A PLACE FOR YOUR FAMILY.

Sundays at 9:30am and 11:15am The heart of Milestone is to reach people through a life- giving church, for people’s relationships with God and others to grow, and for people to walk in God’s purpose for their life. We have a 9:30am and 11:15am service at Liberty Christian School and would love for you to be a part! We hope to see you there!

Join us this weekend at one of our campuses by scanning

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