City Snapshot

Irving

Population

255K

Median Home Price

$535K

3-mo avg: $521K

School Rating

6.8 / 10

Property Tax Rate

2.25%

Median HH Income

$80K

Commute to DTX

18 min

Median Age

33 years

% Families w/ Kids

32%

% Owner-Occupied

42%

Demographics

White 19%Hispanic 43%Asian 23%Black 13%Other 2%

Source: U.S. Census Bureau

Vibe

Urban, affordable, Las Colinas hub

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The Bottom Line

Irving is executing a strategy of "polycentric urbanism"—no longer content to serve as a bedroom community or monolithic office park. The city is building distinct economic ecosystems: Las Colinas as a vertical corporate-residential hub (Wells Fargo's $570M campus, 4,500 employees), the Heritage District as a government-backed gentrification thesis (Land Bank program, $45M flood control), and Valley Ranch as a blue-chip Coppell ISD enclave with new H-E-B and Silver Line access.

For the family or investor, Irving presents a bifurcated market. "North Irving" (Las Colinas, Valley Ranch) is entering a phase of value protection driven by scarcity and corporate anchoring. "South Irving" (Heritage District, Nursery Road) is entering a phase of value creation driven by heavy public sector intervention. Buyers in the south are effectively buying shares in a municipal turnaround thesis; buyers in the north are purchasing blue-chip stability. The $912.2M capital budget signals a municipality spending aggressively to fix the old while facilitating the new.


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