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Buy New Construction in Denton County

Tired of looking at Zillow every hour for the newest homes to hit the market? Stressed about getting outbid or having your offers rejected? Not finding a home that matches your expectations? At Pecan Square by Hillwood, we have created a new home community in Denton County that spans 1,200 acres and will have 3,100 new construction homes at build out. Our builders offer various inventory options including selecting an empty lot and building your preferred floor plan or buying a quick move-in home. Check out inventory availability here.

You may feel overwhelmed with the homebuying process, so it’s great to start by talking to a real estate agent about buying new construction homes. Many buyers are surprised to hear that new homes offer many benefits such as more flexible financing, less bidding wars, and an easier planning process. Keep reading for more of our new construction homebuying tips & tricks!

FIND YOUR HOME

Alternative Financing

In today’s competitive market, full cash offers are becoming more common. With a new construction home, traditional financing and even unconventional loans such as VA, FHA and USDA loans are accepted by most home builders. Save money in the long run by securing a mortgage with terms favorable to your financial situation. Whether you want a variable interest rate, a low interest rate or a zero money down payment, get the flexibility you deserve when you buy a new construction home.

Plan Ahead for a New Home

financial planning

Most homebuyers struggle with anxiety and stress before and after a home is purchased – it’s a major decision and sometimes there is little time to act! With a new construction home, you can plan ahead for the big move. Get on a builder’s waitlist, take a tour of the new home community, and walk-through a model home. When the home gets closer to completion, a move in date is provided. When you compare this to buying an existing home, the process may even feel painless!

Avoid Bidding Wars

In Dallas-Fort Worth’s competitive real estate market, bidding wars are common. As a result, waiving inspections and buying a pre-owned home sight unseen helps buyers stand out. Some homes even result in the winning bid going over the home’s appraised value. If you want to avoid the stress and strain to your finances, consider a new construction home. Most builders avoid accepting multiple offers, meaning the price listed is the price you pay.

New Homes Near Denton, TX

Are you actively searching for homes for sale near Denton? The Town of Northlake, where our new home community is located, recently surpassed 4,000 residents, and grew 8.38% in 2020. Denton County homebuyers seeking affordable new homes are flocking to Northlake for its small town charm, great school district and planned communities.

Pecan Square by Hillwood partners with DFW’s top builders to offer new construction homes in a variety of floor plans, price points and styles. At Pecan Square, you’ll be living in an HOA community with other new homes which means you’ll be able to quickly build equity in a desirable, up & coming neighborhood. Enjoy our award-winning amenities within the community (with more on the way!) or venture out to the retail, entertainment, and dining options that are popping up all over Denton County.

planned community

Compare Loan Options at Pecan Square*

0 %
Fixed VA Loan, APR
  • Lower Interest Rates
  • No Down Payment!
  • No PMI or Mortgage Insurance
  • Only Available for Military & Spouses
  • Requires Loan Funding Fee
0 %
Fixed FHA Loan, APR
  • Easier Refinance Process
  • Available for Lower Credit Scores
  • 3.5% Minimum Down Payment
  • Strict Property Requirements
  • Mandatory Mortgage Insurance
0 %
Conventional Loan, APR
  • Multiple Lender Options
  • 3% Minimum Down Payment
  • Easier Loan Approval Process
  • Higher Credit Score Requirements
  • PMI Required for Low Down Payments
0 %
Fixed USDA Loan, APR
  • Zero Down Payment!
  • Option for Low Credit Borrowers
  • Only Available for Rural Properties
  • Only Available for Low Income Borrowers

*Rates are for comparison purposes only and are subject to change. Based on 30 year mortgages with good credit in the zip code 76247 in June of 2022.

More Benefits of Buying New Construction Homes Near Denton*

  • Lock in a better interest rate with more loan options accepted by home builders.
  • Conserve cash for a down payment – less is needed when buying a new construction home and closing costs are not always necessary.
  • Utilities for a new construction home are often more affordable compared to a preowned home.
  • Skipping a home inspection for an existing home could uncover major repairs after purchase that are the buyer’s responsibility.
  • Even minor remodeling costs and home maintenance costs are higher on pre-owned homes vs. new construction homes.

*Subject to change due to market conditions; talk to your Realtor or builder sales representative for the most up to date information.

  • Pre-owned home inventory is limited in Denton County, plus, the average year when a house was built in Northlake is 2009, so homes are outdated.
  • Building equity in a pre-owned home can take longer compared to a new construction home, especially when the final offer is over the appraised value.
  • Purchase a new construction home at your pace by planning ahead and avoid the stress of making a home purchase decision within just a few hours.
  • Select some materials and styles with many floor plans and square footage options to suit your family’s needs.

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