Houses by Neda Team · North Dallas Buyer Hub
Buying a Home in Frisco, TX: Real Costs, Schools and Neighborhoods
Quick take. Frisco is the priciest city in the North Dallas suburbs, and you get top schools, low crime, and a lot to do for it. The good news for buyers is that prices have been easing and homes sit longer, so you have room to negotiate. The surprise most buyers miss is the property tax bill, which can add $700 to $850 a month on a typical home. I’ll walk you through the real numbers below.
I’m Neda with Houses by Neda Team. I’ve lived in Frisco for 13 years, and I came to real estate from accounting, so I show buyers the full monthly cost before they fall in love with a house.
What homes cost in Frisco
The typical Frisco home value was about $638,500 in August 2026, down roughly 4% from a year earlier (Zillow). Price depends a lot on home type and neighborhood.
| Home type | Typical sale price |
|---|---|
| Condo | about $490,000 |
| Townhome | about $507,000 |
| Single-family home | about $706,000 |
Source: Redfin Frisco city guide.
What a $600,000 Frisco home really costs each month
Here’s a typical first-time buyer setup: $600,000 home in Collin County, 5% down ($30,000), 30-year fixed at 6.25%.
| Cost | Monthly |
|---|---|
| Principal and interest | $3,510 |
| Property taxes, with homestead exemption | $674 |
| Homeowners insurance (estimate) | $300 |
| PMI (estimate, until you reach 20% equity) | $238 |
| HOA (varies by neighborhood) | $75 |
| Total | $4,797 |
Before your homestead exemption kicks in, taxes run about $839 a month, which brings the total to about $4,962. File your homestead exemption as soon as you move in.
Want this for a specific house? Get your real monthly number.
Frisco property taxes, broken down
Frisco’s combined rate is about 1.68% in the Collin County side and about 1.63% in the Denton County side, before exemptions.
| Taxing entity | Rate per $100 (2026) |
|---|---|
| Frisco ISD | $1.0194 |
| City of Frisco | $0.425517 |
| Collin County | $0.151414 |
| Collin College (Collin side only) | $0.08122 |
| Denton County (Denton side only) | $0.183394 (proposed) |
The city held its rate flat for 2026-27, nine years without an increase. Exemptions help a lot: the school district exempts the first $140,000 of a homestead’s value, the city takes off 20%, and Collin County takes off 5%.
MUDs and PIDs. Inside Frisco city limits, MUDs are rare. But some homes with a Frisco mailing address sit in Little Elm, Prosper, or unincorporated Denton County, and those can carry MUD or PID taxes that add hundreds a month. Always check the tax certificate. Learn how MUDs and PIDs work.
Schools
Most of Frisco is served by Frisco ISD, but parts of the city are zoned to Prosper ISD, Lewisville ISD, or Little Elm ISD, and each has its own tax rate. Frisco ISD rezones often and publishes zones as maps only, so always check by exact address. Look up any address at ntxschoolguide.com.
Neighborhoods by budget
- $550K to $800K: The Trails, where 4-bedroom homes average around $655,000
- $1M and up: Phillips Creek Ranch, Richwoods, Starwood, Newman Village
One note: Frisco Lakes, which shows up at lower prices in searches, is a 55-and-over community.
Commute and getting around
Frisco sits on the Dallas North Tollway, Sam Rayburn Tollway (121), and US 380. Legacy West and the Plano corridor are 10 to 20 minutes for most of the city, and downtown Dallas is roughly 35 to 50 minutes depending on traffic. Frisco doesn’t have DART rail, but the DCTA GoZone on-demand rideshare covers the city.
Frisco buyer FAQ
Is Frisco a buyer’s market right now? Prices have dipped over the past year and homes are taking longer to sell, which gives buyers more room to negotiate on price and repairs.
What’s the property tax rate in Frisco? About 1.63% to 1.68% before exemptions, depending on the county side.
Does Frisco have MUD taxes? Rarely inside city limits, but some Frisco-address homes outside the city do. Check the tax certificate.
How much do I need to buy a home in Frisco? On a $600,000 home with 5% down, plan on about $30,000 down plus closing costs, and roughly $4,800 a month all-in.
Your next step
I’ll run the real monthly cost on any Frisco home you’re looking at, taxes, HOA, PMI, and all. Book a 20-minute true cost call or try the calculator.
Disclaimer
Prices, tax rates, and monthly costs on this page are estimates for planning only, not a loan quote or tax advice. Information is deemed reliable but not guaranteed.
Before you buy, you must verify the property taxes directly with the county. Check the tax rates, exemptions, and any MUD, PID, or special district with the Collin Central Appraisal District or the Denton Central Appraisal District, and review the tax certificate from your title company.
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