The City Of McKinney, Texas

General Information

There has been a surge in the amount of McKinney real estate purchased in the last several years due to a number of factors. The city of McKinney, Texas is located in Collin County, Texas, about 30 miles north of Dallas. It was rated as the nation's fastest growing city between 2000 and 2003 by the US Census Bureau, due in part to the population boom that occurred in nearby Dallas and the surrounding suburbs. McKinney's location at the northeastern edge of a quickly growing suburban development made the city attractive to many individuals wishing to relocate out of a crowded urban area. Currently, the population of the city is around 100,000 individuals and the city has a total area of nearly 60 square miles. The city was named after Collin McKinney, an individual who signed the Texas Declaration of Independence and later represented the Red River district of the Republic of Texas in Congress.

Economy

The city has been a bustling center of commerce since its founding in 1848. The city's expansive economic development coupled with a lively and vibrant downtown district have created a place where individuals want to work, live, and play. Several companies have relocated their corporate headquarters to the area, adding a number of jobs to the local economy. There is also numerous employment opportunities located in nearby Dallas, and many individuals choose to make the daily commute.

There are close to 30,000 McKinney housing units located throughout the city. The unique neighborhoods of the city are set among rolling hills, beautiful lakes, and numerous parks and open space. The streets are tree lined and the architecture suggests a small town atmosphere. The average price of homes in the area is $170,000 and the average build year for the homes is 1995, giving this area one of the largest percentages of newly built homes in the nation.

Lifestyle

There are many recreational activities available to the residents of McKinney. Some favorite outdoor activities include golf, soccer, baseball, mountain biking, or strolling through a nearly 300 acre wildlife facility. There are close to 30 miles of biking and hiking trails located throughout the city. There are a number of restaurants, upscale boutiques, spas, and galleries for individuals to explore and several entertainment venues where residents can relax, watch a show, or listen to music. There are also several museums and an extensive historic district that is considered one of the largest in a state with a high number of historic districts. Residents may also enjoy taking in a game played by the Dallas Revolution, an Independent Women's Football League Team.

The city has gained recognition in the last few years for its multiple LEED and Green (sustainable) buildings that have been built in the area. The city is the home of the first LEED certified Automotive Dealership and the first LEED Platinum office building. It is also the home of an experimental sustainable Wal-Mart store. These items have gained the city national media attention and have attracted visitors from all over the world. These buildings have become hallmarks for future projects within the United States and in various other portions of the world. It is believed that a number of future McKinney real estate projects will also strive to obtain LEED certification and create a number of sustainable businesses and buildings throughout the area.

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