skyline estates coming soon
Dallas has proved to be one of the nation’s top real estate markets. Some driving factors include Dallas’ position as one of the leaders in the nation for employment, population growth, and the increase in demand for rental accommodations. According to neighborhoodscout.com, Dallas’ annual real estate appreciation rate rose to 5.83% in the last 10 years and 5.21% in the past 12 months, putting the local market in the nation’s top 10%. Additionally, it is important to note that homes priced in the range of $200,000 – $299,999, the range in which Camden Homes operates in, the median price rose by 37.8%.
With a population of about 5,800 (2018), Hutchins, TX is a small but growing city on the outskirts of Dallas. The city is located south of Dallas, off of the intersection of Interstate highways I-20 and I-45. Although a quiet and small city, Hutchins is attractive for its proximity to downtown Dallas; its location allows residents to enjoy the small-town life while still having access to the city. Niche.com gives the city of Hutchins an A+ diversity rating, higher than most surrounding cities, and describes the cost of living as low.
Camden Homes recently purchased lots in Skyline Estates, a neighborhood in Hutchins, and is in the process of building and selling entry-level homes in the low- to mid-$200,000s. Skyline Estates is right off I-45 and is conveniently located nearby Goat Island Preserve and Great Trinity Forest, giving the neighborhood attention from residents looking to hike and have plenty of outdoor activities to do. Hutchins is a part of the Dallas Independent School District; the main schools serving the area are Wilmer-Hutchins Elementary School, Kennedy-Curry Middle School, and Wilmer-Hutchins High School. Finally, Hutchins has a dedicated Economic Development Corporation that is currently focusing on targeting industries to support the manufacturing and industrial businesses of Hutchins, as well as targeting retail businesses to support the quality of life for Hutchins residents. According to the Hutchins Economic Development team, the “area’s strategic location combined with reasonable land prices, plus an available workforce, makes Hutchins a model venue for progressive enterprises.” Camden Homes has been able to capitalize on this growing city for similar reasons.