Due to the economy, some developers have had to delay their construction on the new, sheik living and social accomodations intended to revive the old downtown Plano. Already-completed townhomes are staying on the market for months, without attracting any potential buyers. Sounds like the true negatives of an economy in turmoil. Careful! Don’t judge too quickly, there are some perks…
As with all housing markets, steep cuts have been made, but you can expect to see prices dropping even further and additional incentives will be offered for the 14 available townhomes in Lexington Park @ Rice Field. Getting in early, at an impeccable price, will yield excellent benefits when three significant developments move to town. I’m envisioning property resale values shooting through the roof! $Cha-ching!$
Not ready to buy? What was not an option before, has now become available and these 14 properties are currently available for rent! Perfect opportunity to experience and explore the area prior to committing. Build a good rapport with the landlord and then when you’re ready to buy, talk him down!
Are you thinking, ‘what’s the point of moving to an area that is yet to be fully developed?’ Still kind of a hidden secret are some of the existing hot spots of downtown Plano and it is slowly transitioning into a destination spot. Grab some BBQ, beer, catch a sports game and enjoy live music at Kelly’s Eastside. Or head down the street for a dark brew and tasty sliders at Filmore Pub. These joints are becoming more well-known, but at least the overflow patrons are now able to hit up a few new venues next door and across the street. Vickery Park is the latest neighborhood bar, while Urban Crust is Texas’ largest brick oven pizzeria — check our their New York-meets-Texas vibe and third floor frozen ice bar. It’s cool!
Don’t forget about the very green and convenient option of the DART rail that passes right through old downtown. Perfect for downtown commuters!
So, even with the economy on a roller coaster ride of instability, it looks as if the old brick streets of downtown Plano are venturing toward an uphill slope. Ask an Archwood Properties agent to show you around the attractions and amenities of this developing community and learn more about gettin’ while the gettin’s good.
Contact us today: 214.923.0261 or email us: email@example.com