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Preston Springs

NeighborhoodThe kind of area this report covers. Neighborhood areas nest inside each other, from broad districts down to small pockets.Texas
$504K
Median sale priceThe middle sale price each month, counting normal open-market sales. The average runs above the median when a few expensive sales pull it up. Bars show how many homes sold.
1
Sales (12 mo)How many homes sold here in the last 12 months. More sales make the other numbers more reliable.
$829K
Median valueThe middle estimated value of all homes here, not just the ones that recently sold.

Deed records through Oct 2020 · Quarterly intervals (lower sales volume)Counties take time to publish deeds, so the newest months can be incomplete and may shift as more records arrive.

Housing Stock

HomesHow many homes we have records for in this area.199
Median value (AVM)The middle estimated value of all homes here, not just the ones that recently sold.$829K
Median sizeThe middle home size here, measured in square feet.3,478 ft²
Median bedroomsThe middle bedroom count for homes here.4
Median year builtThe middle build year for homes here. A recent year means most housing is newer.1993
Single familyThe share of homes here that are single-family houses.100%

Equity & Ownership

Equity rich (LTV ≤ 50%)The share of owners who owe half or less of what their home is worth, meaning they hold a lot of equity.68%
Underwater (LTV ≥ 125%)The share of owners who owe at least 25% more than their home is worth.0%
Owner occupiedThe share of homes lived in by their owner rather than rented out or left empty.92%
Company ownedThe share of homes owned by a company or trust instead of a person.13%
Median loan-to-valueThe middle share of home value still owed on loans across all owners here.39%
Typical ownership tenureHow long the typical owner here has held their home.14.1 yrs

CommunityThese are comparison scores, not percentages. 100 equals the national average, so 150 means about 50% above average.

CrimeLocal crime compared with the rest of the country, where 100 is average. It reflects things like population density, income, and how crime gets reported.94
Air pollutionOverall air pollution compared with the rest of the country, where 100 is average. Lower is cleaner.97
EarthquakeEarthquake risk and likely building damage compared with the rest of the country, where 100 is average. Scores can run far above 100.28

Index scale: 100 = US average (tick). Lower is better.

Homes occupiedThe share of homes here that someone lives in. The rest sit empty, including vacation and for-sale homes.96%
Bachelor's or higherThe share of adults 25 and older whose highest degree is a bachelor's degree.41%
Poverty rateThe share of people whose household income falls below the federal poverty line, which varies by family size.1.6%
UnemploymentThe share of men 16 and older who are out of work and actively looking. Only men are counted in this figure.1.6%
PopulationHow many people live in this area.830
DensityPeople per square mile. Higher numbers mean a more crowded, urban area.6,981 / mi²
Median household incomeThe middle household income here — half of households earn more, half earn less.$115K
Average household incomeThe average household income. It runs higher than the median when a few high earners pull it up.$147K
Average tempThe average temperature here across a full year.65°F
Annual precipHow much rain and melted snow falls here in a typical year.40 in
SunshineThe share of daylight hours that get direct sun in a typical year, counting cloud cover.62%

How Preston Springs compares

By median home value, Preston Springs is the 23rd most expensive of 283 neighborhoods in Collin County, and its typical home is worth more than 87% of all homes in Collin County.

Home values in Preston Springs

Share of homes at each estimated value.

Median
$668K$1M
neighborhoods in Collin County ranked by median home value
#Collin CountyMedian valueHomes
1Chapel Creek$2.1M337
2Lakeside on Preston$1.7M540
3Oakdale$1.6M204
4Avignon Windhaven$1.3M239
5West Plano / Willow Bend$1.2M3,397
6Preston Trail$1.2M415
7Saddleridge Estates$1.2M165
8Starwood$1.2M1,536
9Shaddock Park$1.2M305
10Windhaven$1.1M536
11Castlemere$1.1M246
12Briar Ridge Estates$1M193
13Cambridge Place at Russell Creek$986K255
14Richwoods$918K1,823
15Mallard Lakes at McKinney$905K254
16Stacy Ridge Estates$892K286
17Lawler Park North$889K375
18Country Brook Estates$879K141
19Montgomery Farm$862K592
20Cumberland Crossing$841K641
21Stonelake$835K1,496
22Starcreek$833K921
23Preston Springs$829K199
24Cypress Creek$817K293

283 neighborhoods in Collin County are ranked; the most valuable are listed here.

About the Preston Springs market

What is the median home price in Preston Springs, TX?

The median sale price in Preston Springs, TX is $504,000 (data through October 2020), based on deeds recorded with the county.

How many homes sell in Preston Springs, TX each year?

1 homes sold in Preston Springs, TX over the last 12 months (data through October 2020). TopHap counts recorded arm's-length deeds, not listings, so the figure is not affected by which brokerage handled the sale.

How many homes are there in Preston Springs, TX?

Preston Springs, TX contains 199 residential properties, with a median of 3,478 square feet, 4 bedrooms, built around 1993. The median TopHap Estimate is $829K.

How does Preston Springs, TX compare to the rest of Collin County?

By median home value, Preston Springs, TX is the 23rd most expensive of 283 neighborhoods in Collin County. Its typical home is worth more than 87% of all homes in Collin County. Starcreek ranks just above it and Cypress Creek just below. The ranking is rebuilt nightly from the county assessor record of every home in each area.

Do people own or rent in Preston Springs, TX?

92% of homes in Preston Springs, TX are owner-occupied. 13% are held by a company rather than an individual.

How much equity do owners in Preston Springs, TX hold?

68% of mortgaged homes in Preston Springs, TX are equity-rich, meaning the loan balance is under half the home's value. 0.0% owe more than the home is worth.

Nearby markets

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Explore Preston Springs on the map

See every recorded sale, price heat map, school zone and flood overlay across Preston Springs in TopHap’s interactive 3D map.

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