Homes for sale in Frisco, TX: a bilingual buyer's guide

Typical value $555,098 (Zillow, Sep 2026). Home to Phillips Creek Ranch, Waterstone and the Frisco Lakes 55+ community. Part of the area is in Little Elm ISD.

Typical value $635,010 (Zillow, Sep 2026), the largest one-year drop among Frisco ZIPs (5.7%). It mixes 1990s and 2000s neighborhoods such as Preston Vineyards (listings $369,990 to $699,900, Oct 2026) with newer communities like Richwoods and The Grove.

Typical value $645,759 (Sep 2026). Includes Grayhawk (listings $399,900 to $699,900), Christie Ranch ($565,000 to $874,500) and guard-gated Newman Village (from about $1.4 million), per October 2026 listings.

Typical value $657,523 (Zillow, Sep 2026), with many large and custom homes near The Star and Stonebriar. Some neighborhoods here are zoned to Lewisville ISD.

These exist, mostly in older neighborhoods such as Frisco Heights (listings $375,000 to $459,990) and Kings Garden ($399,000 to $498,200), with homes built 2002 to 2005 (Oct 2026). Plan on a careful look at the roof and air conditioning.

Before touring homes with a REALTOR, current practice calls for a written buyer agreement stating what the agent is paid; the amount is negotiable.

A lender reviews income, credit and savings and issues a preapproval letter, which gives your offer weight.

Nearly all resales use TREC's One to Four Family Residential Contract (form 20-19). Forms are signed in English; Texas REALTORS publishes Spanish translations for reference only.

Both are negotiated in the offer and delivered to the title company within the contract's deadline. The option fee buys the right to terminate for any reason during the option period.

During the option period you inspect and may ask for repairs, a credit, or walk away. After a decade in construction and remodeling, this is where I help most: I know which findings cost real money.

The lender orders the appraisal, the title company clears title, and at closing you sign, the deed is recorded and you get the keys.

Loans that follow Fannie Mae or Freddie Mac rules. Fannie Mae's guide requires each borrower to have a valid Social Security number or ITIN and to meet its residency and documentation requirements. Down payment and rate depend on your credit.

Federally insured loans with more flexible credit standards. Since May 25, 2025 (HUD Mortgagee Letter 2025-09), only U.S. citizens and lawful permanent residents are eligible.

TSAHC offers up to 5% of the loan amount for down payment and closing costs, with credit scores from 620. TDHCA runs My First Texas Home for first-time buyers; in Collin and Denton counties its purchase price limit outside targeted areas is $589,596 (effective July 13, 2026).

An ITIN is a number the IRS issues only for federal tax purposes to people who cannot get a Social Security number. The IRS states it does not authorize work or change immigration status. Some private lenders offer ITIN loans outside the traditional programs (non-QM loans); one national lender, for example, asks for at least 10% down, two years of tax returns filed under the ITIN and proof of employment. Terms vary by lender, so compare them in writing.

The national 30-year fixed average was 7.32% the week of October 22, 2026 (Freddie Mac). On a $640,000 home with 20% down, that is about $3,517 a month in principal and interest, before taxes, insurance and HOA.