First-Time Home Buyer Guide for Highland Village, Texas (2026 Market Insights)

First-Time Buyer Essentials: The Highland Village, Texas Real Estate Market in 2026

Highland Village, TX, nestled along Lewisville Lake in the Dallas/Fort Worth metroplex, offers first-time homebuyers a rare blend of suburban charm and urban accessibility. With home sizes ranging from 752 to 3,725 square feet and a median layout of 3 bedrooms and 2 bathrooms, this community caters to diverse needs while maintaining strong investment potential.

Investment Opportunity: Why Highland Village Offers Strong Appreciation Potential

Highland Village's real estate market thrives due to:

• Strategic Location: 10–15 minute commute to downtown Dallas via MoPac Expressway[2]
• Diverse Inventory: Mix of 1950s mid-century originals and modern builds (0.15–0.35 acre lots)[2]
• Community Stability: Established neighborhood with roots dating back to the 1950s[2]

Key Market Metrics (2026):

Feature	Median Range
Home Size	1,826 sq ft
Lot Size	0.2 acres
Bedrooms	3
Bathrooms	2

Highland Village Neighborhoods & Home Types: A Buyer's Breakdown

This lakeside community features:

• Tree-Lined Streets: Spacious lots with mature landscaping[1][2]
• Architectural Variety: From value-add renovation opportunities to turnkey contemporary homes[1]
• Lifestyle Amenities: Direct access to Shoal Creek Trail and Bright Leaf Preserve[2]

Texas First-Time Homebuyer Programs & Down Payment Assistance

Texas supports new buyers through:

1. Down Payment Assistance Grants: Up to 5% of the loan amount[6]
2. Homebuyer Education Courses: Required for many assistance programs[6]
3. Mortgage Credit Certificates: Potential annual tax savings[6]

Melissa Weiner's team specializes in helping buyers navigate these programs. Learn more about Texas buyer incentives.

The Highland Village Buying Process: Step-by-Step Guide

1. Get Pre-Approved: Understand your budget with a local lender
2. Identify Priorities: Yard size, schools, or commute times?
3. Tour Homes: Focus on neighborhoods near The Domain shopping center[2]
4. Conduct Inspections: Pay special attention to:
   • HVAC systems (replacement costs: $8,000–$15,000)[3]
   • Foundation integrity (common in Texas homes)[1]
   • Roof condition and plumbing[3]

Critical Home Inspection Points When Buying in Highland Village

First-time buyers should prioritize checking:

• Age of Major Systems: Request maintenance records for AC, water heater
• Electrical Capacity: Ensure sufficient amperage for modern needs
• Drainage: Proper grading prevents foundation issues
• Window Seals: Energy efficiency impacts utility costs

Highland Village Community & Lifestyle: Beyond the Investment Numbers

This neighborhood excels with:

• Organized Community Events: Block parties and seasonal gatherings[2]
• Tech-Ready Infrastructure: Astound Broadband/Grande and Frontier internet[4]
• Municipal Services: Efficient voter/pet registration systems[4]

Frequently Asked Questions

What's the average commute time from Highland Village to downtown Dallas?

Most residents reach downtown in 10–15 minutes via MoPac Expressway during typical conditions[2].

Are there good parks and recreational areas?

Yes, the community offers direct access to Shoal Creek Trail, Bright Leaf Preserve, and Lewisville Lake shoreline[2].

How do Texas property taxes affect first-time buyers?

While Texas has no state income tax, property taxes average ~2–3%. First-time buyers may qualify for homestead exemptions to reduce this burden.

Conclusion: Your Next Steps in Highland Village

Highland Village presents first-time buyers with a rare opportunity—affordable entry into a stable market with strong appreciation potential and exceptional quality of life. From its diverse housing stock to Texas' robust buyer assistance programs, this community checks all the boxes for smart first investments.

Ready to explore Highland Village homes? Contact Melissa Weiner today to leverage her unparalleled local expertise and access off-market opportunities.

Sources & References

[1] NailandKey - Highland Village Buying Guide
[2] Austin Real Estate Blog - Neighborhood Profile
[3] DwellVerse - 2026 Inspection Checklist
[4] Highland Village Official Site
[6] Texas First-Time Buyer Programs