Richardson Real Estate
 

The City of Richardson, Texas

Richardson General Information

For individuals looking to purchase real estate in a suburban Texas area, the city of Richardson, Texas may be just what you are looking for. The city of Richardson was voted the 15th best city to live in by Money Magazine in 2006 and has been the home of many notable individuals, including entertainers, authors, and professional athletes. With a population of nearly 100,000 individuals, the city has seen steady growth in recent years.
Originally chartered in 1873 and incorporated in 1925, the city operates under a council-manager form of government with the mayor of the city selected by the city council. Richardson, Texas encompasses close to 30 square miles and is located in Dallas County, with a small northern portion of the city located in Collin County. Situated about 10 miles south of Downtown Dallas, the city is completely surrounded by incorporated cities. Originally started as a bedroom community, the city has evolved into the technology center of the south.

Richardson, Texas Economy

The city of Richardson is considered to be part of the Silicon Prairie and is the home of the Telecom Corridor, an area that is the home of a large number of technology companies including AT&T, Ericsson, Texas Instruments, and Fossil, Inc. There are over 5,700 companies located in the Telecom Corridor, 600 of which are technology companies. The offices of Texas Instruments are located near the southern border of Richardson. The large number of technology jobs available in the area attracts many college graduates and professionals to the city of Richardson, Texas. The manufacturing industry also has a large presence in Richardson. There are 102 manufacturing facilities located near the city and most of them focus on creating parts for electronic and telecommunication items.

Richardson Lifestyle

Richardson, Texas real estate includes a number of single family homes, larger multi-family units, and no real estate that is considered rural. As Richardson is entirely surrounded by incorporated cities, Richardson real estate is
classified as either urban or suburban. There are more than 36,000 homes located in the city, with most of the Richardson homes being built after 1970. The price of Richardson real estate is comparable to many other midsized cities around the nation and many of the individuals that live in the community also work in the companies located nearby. Finding the right home in Richardson is not difficult, as there are many different homes of many different sizes available for purchase or rental.
The city of Richardson is the home of two public school systems that are nationally acclaimed and a university system including a state university, two satellite campuses, and two community colleges. The city is also home to a world renowned orchestra. The community is dedicated to improving the quality of life of its citizens and provides many acres of open space for the recreation of the individuals of the community. There are also several museums in the area, including a collection of early aviation items. Richardson is also home to more than 400 restaurants, several shopping centers, and public and private golf courses.

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