New Homes in Frisco, TX with Low Property Taxes: Inside The Villages of Creekwood

If you are thinking about moving to Frisco, TX you want a neighborhood that balances thoughtful home design, smart community planning, and ongoing value. In this guide I walk you through a standout option: The Villages of Creekwood, a boutique First Texas Homes community in Frisco that combines low property taxes, practical floor plans, and some seriously smart included upgrades. Whether you are moving to Frisco, TX for the schools, the lifestyle, or to find a better cost of living, this guide will give you a clear picture of what living in this neighborhood looks like and what buyers are actually paying right now.

Wide shot of presenter with model home and streetscape at The Villages at Creekwood in Frisco, Texas

Table of Contents

Why Consider moving to Frisco, TX and The Villages of Creekwood?

Moving to Frisco, TX is a common goal for families and professionals relocating within Dallas Fort Worth for a reason. Frisco is regularly named one of the fastest-growing and best places to live in North Texas. The Villages of Creekwood is a midsize masterplan community inside Frisco with about 351 homes and 22 acres of dedicated green space, a layout and size that keeps the neighborhood feeling walkable and community-focused without the overwhelm of a huge development.

One of the biggest advantages if you are moving to Frisco, TX and considering this neighborhood is cost predictability. The Villages of Creekwood currently advertises an estimated property tax rate of 1.83 percent before homestead exemptions, and there is no MUD tax and no PID assessment. Combine that with a modest HOA (roughly under $1,500 per year) and you get a neighborhood where recurring costs are lower than a lot of alternatives in North Dallas.

The Hillcrest Floor Plan

If you are moving to Frisco, TX and want a house with flexibility, the Hillcrest floor plan from First Texas is worth considering. The version I toured is a large, versatile layout that blends grand open spaces with practical elements families really use. The base model we looked at is right around 3,598 square feet, with versions that can grow to about 3,896 square feet when you add structural options and upgrades.

Two-story living room and curved staircase with stacked stone fireplace and tall windows

Main level: Arrival, flow and flexibility

The front entrance opens into an impressive two-story foyer and an open catwalk with iron RW railings that gives a strong visual line across the home. If you are moving to Frisco, TX seeking that dramatic living feel, this plan delivers the vertical scale buyers love — lots of tall windows, a stacked stone fireplace and a curved staircase that frames the interior beautifully.

Immediately to the right of the entrance is a large home office that doubles as a study and can be used as a secondary downstairs bedroom in many of the plan variations. The plan features a massive flex room adjacent to the foyer; it can serve as a formal dining room, a split office/flex configuration, or be converted entirely to bedroom space if you need a two-bedroom-down option. That type of structural versatility is a huge win if you are moving to Frisco, TX and need flexibility now or later.

Downstairs home office showing desk, dual monitors, wainscoting and doorway in the Hill Crest model

The living room, kitchen and casual dining

The main living area ties the house together. You get that two-story living space with a striking stacked stone fireplace as the focal point. The casual dining area sits just off the kitchen and feels open to the living room while retaining a comfortable lower ceiling height — about nine feet — so that family meals feel cozy even inside a grander home.

The kitchen itself is well-appointed with white cabinetry, upper cabinets with glass doors, recess lighting and a gas cooktop. One design detail worth noting if you are moving to Frisco, TX is the sink placement. Instead of the sink in the island overlooking the living room, the sink is set against a windowed wall. That choice gives you direct exterior views while you work the sink — a classic kitchen layout favored by buyers who grew up with a window at the sink.

The island is a balanced size that seats three or four comfortably and is stained to contrast the white cabinets. What I liked most was the island and back cabinetry combination. The builder extends cabinetry beyond the island to provide extra storage on the back side of the island, maximizing usable storage that people often forget to check when shopping new homes. There is also a butler's pantry and a very large walk-in pantry providing exceptional storage and a clean look for the kitchen workspace.

Downstairs primary suite — privacy and scale

When you are moving to Frisco, TX and want single-level living options, the Hillcrest delivers with a notable primary suite on the main level. This primary suite is larger than what you typically see in homes of similar total square footage: a sitting area, tall ceilings, and an oversized bedroom footprint that could easily be two separate rooms.

Downstairs primary bedroom with large windows, bed, and sitting chair in the Hill Crest model

The primary bath includes split vanities, a walk-in shower with a framed, recessed mud pan, and a corner soaking tub. The closet is generous with built-ins and three sides of hanging rods so you are not stepping over each other in a small, cramped closet. That kind of primary suite luxury is a big draw if you are moving to Frisco, TX looking for comfort and resale appeal.

Second floor — game room, media room, and large secondary bedrooms

Upstairs you get a very usable landing that flows into a big game room/family room ready for a pool table, homework station, or an alternative living area. The media room is a true media room and is built out in the model with blackout finishes, prewire for a screen and a built-in bar — all of which are design upgrades in the model but show what you can achieve if you select those upgrades when building.

Media room wet bar with backsplash, sink and small beverage fridge set against dark walls

Bedrooms upstairs are larger than average secondary bedrooms — good ceiling heights and walk-in closets. The upstairs bathrooms use attractive tile patterns and color choices in the model, like herringbone accents and light blue tile, to add personality without being overpowering.

Showroom bedroom option

One unique detail: the builder configured one of the upstairs bedrooms as a design showroom in the model. If you are moving to Frisco, TX and plan to build from the ground up, the builder makes selections visible at the model so you can touch counters, compare cabinetry, and see how options look in real life — often less overwhelming than a large design center and more helpful for real decision making.

Practical details: rear-entry garages, utility path, and lot orientation

The home we toured is configured as a rear-entry design, meaning garage access is from an alley at the back. That layout keeps the street facing side of the home cleaner and more pedestrian-friendly. The route from garage to house passes the laundry room and enters the house conveniently near the kitchen — a practical flow that many buyers who are moving to Frisco, TX appreciate for everyday living.

Hallway with cabinets, boxes and an 'Employees Only' sign in a model home service area.

Pricing and Move-in Ready Options

When you are moving to Frisco, TX price transparency matters. At the time of my tour there were multiple move-in ready Hillcrest options in the community with current list prices that had been adjusted for market timing.

  • Listed move-in ready pricing ranged in the information shown from 88352 to 94384 as the price spread displayed on site at the moment I collected data. These represent the mover-in price points the builder posted for specific inventory homes at that time.
  • Incentives also varied. The smallest incentive shown in the list was $11,500 while the most aggressive incentive I saw approached nearly $440,000 off the listed pricing for specially discounted inventories. Incentives and pricing move fast and are subject to change by the builder day-to-day.

Why the price spread? Two primary factors: the level of finish and structural add-ons included in the inventory home, and the lot premium. Some move-in homes had higher-level countertops, upgraded flooring, a larger square footage option, or structural packages that extend living areas. Lots with greenbelt or pond views and oversized lots will also carry premiums that affect final pricing.

Builders typically publish the design center upgrade prices so buyers can compare apples to apples. For example, cabinets-to-ceiling with glass doors and puck lighting, or a level three quartz countertop, all have explicit price estimates listed at the model for transparency. That means you can see exactly what each upgrade costs when comparing move-in inventory to a new build start.

The Villages of Creekwood Community location and lifestyle

The Villages of Creekwood is positioned between King Road and Stonebrook Parkway in Frisco, north of the city center and west of 423. That location gives you a quieter residential environment with easy access to Frisco’s major activity centers.

Major nearby destinations to know if you are moving to Frisco, TX:

  • PGA of America campus and the Omni Resort — about a 15-minute drive to the north
  • Fields West development and the Dallas North Tollway retail corridor — quick drive and expanding rapidly
  • Dallas Cowboys Ford Center, practice fields and Legacy area shopping and dining — very accessible to the south
  • Highly rated Frisco ISD schools within driving range and a family-oriented suburban environment

Access to major highways makes commuting straightforward. Highway 121 and Preston Road/Dallas North Tollway provide reliable routes to both DFW Airport and downtown Dallas. If you are moving to Frisco, TX and need airport access, expect about a 30-minute commute to DFW under normal traffic conditions. For local entertainment, big-box retail and specialty dining are nearby along major corridors, and the Colony area down the road adds more major retail and leisure options within 10 to 15 minutes.

Monthly cost considerations when moving to The Villages of Creekwood, Frisco, TX

At the time of the information I collected, the community's HOA was expected to be under $1,500 per year. Combined with the estimated property tax rate of 1.83 percent before homestead exemptions and the absence of MUD or PID, the Villages of Creekwood offers favorable annual cost projections compared to many other newer Frisco neighborhoods.

When you are moving to Frisco, TX it's important to calculate monthly carrying costs early in your decision process so you can compare neighborhoods realistically. Taxes, HOA, utility expectations, and potential special assessments can swing affordability significantly, so consider working with a local agent who can run real total cost projections on specific inventory or build options

How to decide: Is this right for you if you are moving to Frisco, TX?

Use these decision points when you are evaluating this community against other Frisco opportunities:

  1. Do you want a home with prominent vertical impact and true two-story living spaces, or a more compact single-level home?
  2. Is a downstairs primary suite important for current or future living needs?
  3. Do you want large secondary bedrooms and an upstairs game room/media room for family life and entertaining?
  4. Is a rear entry garage preferred to keep the street-facing side of the house more pedestrian friendly?
  5. How much value do you put on included upgrades versus negotiating incentives on move-in ready homes?
  6. Are lower property taxes and a modest HOA a priority to maintain lower recurring costs?

If the answers to those align with the Hillcrest and The Villages of Creekwood, the neighborhood is worth a site visit. Remember that inventory in this community moves quickly and Phase 2 will open with additional models, so timing and builder incentives will play a big role in the deal you can get.

Tips When moving to Frisco, TX

Moving to Frisco, TX to this particular community brings a number of practical advantages:

  • Smart floor plan flexibility with multiple ways to configure bedrooms and primary suite locations.
  • Large walk-in storage, efficient pantry and butler's pantry designs that make daily life more functional.
  • Media and game room spaces that match what Frisco buyers are asking for right now.
  • Competitive move-in ready pricing with a range of incentives and options to customize through builder upgrades.
  • Low estimated property taxes before exemptions and an affordable HOA that makes monthly costs predictable.

FAQs About Buying a Home in Villages of Creekwood, Frisco TX

What are the current property tax estimates and HOA costs in The Villages of Creekwood?

The community estimates a property tax rate around 1.83 percent before homestead exemption, with no MUD or PID. The HOA was estimated to be under $1,500 per year at the time of this data. These numbers are subject to change so you should confirm current tax rates and HOA dues before making an offer.

How many homes are in The Villages of Creekwood and how big is the community?

The community is planned to include around 351 homes and roughly 22 acres of dedicated green space, making it a midsize, boutique development with a community-oriented feel.

What kind of floor plans are available and does the Hillcrest offer a downstairs primary suite?

The Hillcrest is one of the more popular First Texas plans in the community. It commonly provides a downstairs primary suite, multiple secondary bedrooms upstairs, a game room, and an optional true media room. The plan also supports structural variations like rear-entry and front-facing garage orientations depending on lot availability.

What were the move-in ready price points shown during the tour and what incentives were available?

At the time of the walkthrough there were move-in ready price points displayed in a spread from 88352 to 94384 for specific inventory homes, with incentives ranging from a minimum of approximately $11,500 up to nearly $440,000 on specially discounted listings. Pricing and incentives change frequently, so check with a local agent for current numbers.

Are any upgrades included if I build in Phase 2?

For Phase 2 the builder showed a package of included design elements for some plans such as curved staircases, a larger shower pan in the primary bath, a California kitchen layout, a freestanding tub, a linear electrical fireplace, a butler's pantry, and a covered back patio where applicable. Always confirm included features with the builder at contract.

How convenient is the location for shopping, dining, and entertainment if I am moving to Frisco, TX?

The community is positioned with easy access to major Frisco destinations. It is roughly 10 to 20 minutes from the Legacy area and Ford Center, with quick drives to the Omni resort and PGA campus north of Frisco. Highway access to Highway 121, Preston Road and the Dallas North Tollway make shopping and dining corridors, including the Colony and other retail hubs, convenient.

How quickly is new inventory selling in this community?

Sales have been brisk. The builder reported Phase 2 model openings and highlighted that inventory could be limited by the time new models open due to strong demand. If inventory and timing matter to you, move fast and work with a local agent to track openings and incentives.

Final notes for anyone moving to Frisco, TX

If you are moving to Frisco, TX and looking for a home that balances dramatic open living spaces, functional storage, downstairs primary suite comfort, and straightforward pricing transparency, The Villages of Creekwood and the Hillcrest plan are prime options. The neighborhood’s lower tax profile and modest HOA help keep recurring costs lower, and included upgrade opportunities in Phase 2 add real value for buyers who prefer a high-design base package.

Inventory changes quickly. If you want details on specific move-in ready homes, a breakdown of current incentives, or help weighing the tradeoffs between an inventory home and a new build, get in touch. The right agent will run exact cost projections, check the most current incentives, and schedule tours so you can make a confident decision when moving to Frisco, TX.

Read More: New Homes in Frisco Texas: Affordable Luxury with Custom Options

ALEX PIECH

With over 22 years of experience in real estate and a background in construction, Alex Piech is your trusted guide to navigating the Dallas real estate market. Known for his expert negotiation skills and deep local knowledge, Alex specializes in new construction, relocation services, and helping clients find the perfect home in Dallas.

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