New Home Builders in DFW Under $300K: Where the Homes Actually Sell (2026)

Yes, you can still buy a brand-new home under $300,000 in DFW, but mostly in the outer suburbs. In the past 12 months, 5,301 newly built homes sold for $300,000 or less across the 12 core DFW counties. The median was about $264,500 for about 1,560 sq ft, and 1,897 sold for $250,000 or less. Lennar, D.R. Horton and Meritage Homes built most of the homes in the busiest communities. Builders, prices and incentives change often, so treat this as a map of where to look, not a price list.

DFW Builders and Communities With the Most New Homes Under $300K

Medians cover only new homes that sold for $300,000 or less. Some communities have more than one builder or collection, so confirm the builder for any specific home.

Lennar built in five of these ten communities and D.R. Horton in four. Tillage Farms West and Arbor Trails South, both in Princeton, had the lowest medians, under $230,000.

Cities With the Most New Homes Under $300K

Princeton alone had 913 sales, about 1 in 6 of all new homes under $300K in DFW. Royse City, Farmersville and Josephine had some of the largest typical homes at this price.

What's the Catch With a New Home Under $300K?

There doesn't necessarily have to be one — but buyers should understand where the savings are coming from.

Homes at these price points are often smaller floor plans on smaller lots, and many of the communities are farther from the traditional Dallas and Fort Worth employment centers. Depending on the neighborhood, you may also encounter a PID, MUD, or other special taxing district.

That's why I tell buyers not to compare new homes based solely on sales price. A $249,000 home with a higher tax rate and HOA could potentially have a higher monthly payment than a more expensive home somewhere else. Always ask for the full estimated tax rate and monthly payment before making your decision.

Builder Incentives Can Change the Math

This is one of the biggest reasons I like looking at new construction with budget-conscious buyers.

Depending on the builder, community, and specific inventory home, incentives may include below-market interest rates, closing-cost assistance, rate buydowns, appliance packages, or price reductions.

And sometimes the largest incentives aren't attached to the least expensive home. A builder may be much more motivated to sell a completed inventory home that's been sitting than one that hasn't been built yet — which is exactly where knowing the current state of a specific community, not just its advertised starting price, makes the difference.

Where Should You Look?

If staying under $300,000 is the priority, I'd expand the search beyond the traditional core of DFW. The trade-off is usually some combination of commute, home size, lot size, taxes, and location. The goal isn't simply to find the cheapest new house — it's to find the home that gives you the best combination of price, payment, location, and lifestyle.

Before You Drive Out to Any of These, Call Me First

That's not a minor detail. It means the single most important step in this entire process happens before you ever see the community in person, not after.

And here's the part that makes this an easy call: it doesn't cost you anything. The builder pays buyer-agent commission whether you're represented or not. Going alone doesn't get you a discount — it just means the only person in the room is working for the builder, negotiating price, upgrades, and lot premiums from their side of the table with nobody looking out for yours.

So before you drive out to any community on this list: text or call me with the community name first. It takes five minutes, it's free, and it's the difference between me being able to help you negotiate versus just watching from the sideline after the fact.

Want Me to Find New Homes Under Your Budget?

New-construction pricing and incentives can change weekly, so any list — including this one — is only a starting point.

If you're looking for a new home in DFW, send me your maximum budget, preferred area, and must-haves. I can help you compare communities, current inventory, and incentives — and look at the real monthly numbers, not just the advertised starting price.

Frequently Asked Questions

Sales figures are my analysis of NTREIS MLS data for single-family homes built in 2025 or later, sold for $300,000 or less from Nov. 1, 2025 to Oct. 31, 2026, in Tarrant, Dallas, Denton, Collin, Johnson, Parker, Ellis, Kaufman, Rockwall, Hunt, Hood and Wise counties. Builder names are from builder and listing sites. Information is deemed reliable but not guaranteed.