Real estate
North McKinney sees growth in single- family houses as neighborhoods build
Single-family home development McKinney issued 1,930 single-family permits in 2024, the highest since 2017 when 2,521 permits were issued.
49.22% increase
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pressures were going to be realized somewhere.” That led to the city’s Northwest Sector Study, which was completed in 2015. That study laid the foundation for what development in the sector would look like and led the city to updating its comprehensive plan in 2018, Quint said. Developers have since started multiple projects in the quadrant, including some within McKinney’s extraterritorial jurisdiction, or ETJ. Homeowners living in McKinney’s ETJ don’t have access to city amenities but can pay for services like water and wastewater through a special financing district, Quint said. “To the developer, there’s a lot of benefit to developing in the ETJ but we think there’s intrinsic value in being part of the city,” he said. “You get access to reliable utilities, water and wastewater services. You get access to a great parks and library system.”
Several housing developments including Painted Tree and Aster Park are underway north of University Drive in McKinney. The number of permits issued for new single- family homes increased nearly 25% between 2023 and 2024, according to a 2024 McKinney development report. Several neighborhoods in north McKinney ranked within the top 10 projects for the number of permits issued. These neighborhoods are located within what the city calls its northwest sector, said Michael Quint, McKinney’s executive director of Development Services. City officials have identified the quadrant as the next “big growth” area since 2015, he said. “When we looked at the southwest quadrant of McKinney, we saw that a lot of the developable land would be consumed and developed,” Quint said. “It only made sense that developmental
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2024
2020
2021 2022
2023
2,310 total permits issued in 2024
Preserve at Honey Creek: 120 Aster Park: 120 Jefferson McKinney Stacy: 49 Highland Lakes: 110 Estates at Stacy Crossing: 43
Painted Tree: 787 Trinity Falls: 380 Shaded Tree: 176 Other projects: 261 Honey Creek: 128 Erwin Farms: 136
SOURCE: CITY OF MCKINNEY/COMMUNITY IMPACT
The specifics
CHOATE PKWY.
FRONTIER PKWY.
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LAUD HOWELL PKWY.
125
N. CUSTER RD.
LIMOUSINE PKWY.
WESTON RD.
HOLLEY RIDGE WAY.
E. PROSPER TRL.
BLOOMDALE RD.
FRONTIER PKWY.
LAUD HOWELL PKWY.
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1 Aster Park The community, announced in 2022 by real estate firm Hines, was acquired by Starwood Capital Group in April 2025. The community will be gated and offer floorplans from five different home builders. The neighborhood will include single- family, townhome and multifamily residences. • Over 500 acres • Over 1,100 homes • Amenities: 62 acres of open space, amenity center, hike and bike trails, resort-style pool • School district: Prosper ISD • www.asterparktx.com
2 Eliana The first phase of the Eliana development will feature 235 single family lots and various amenities on over 75 acres located on the city’s border with Prosper, according to city planning documents. • About 79 acres • 235 homes • Amenities: Playground, pickleball courts • School district: Prosper ISD
3 Erwin Farms The community is located adjacent to the 212- acre Erwin Park and offers homes from two home builders: Pulte Homes and Wyatt James, according to its website. The neighborhood also includes a trail system and resort-style amenities. • Over 185 acres • 196 homes • Amenities: Community center, playground, pool, splash pad • School district: McKinney ISD • www.centurionamerican.com/developments/ erwin-farms
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