Buying a home in Dallas isn't just about the down payment—you'll need extra cash for closing costs, insurance, and those Dallas Cowboys game tickets! Here's how much you should save depending on your budget and lifestyle:
🏡 First-Time Homebuyer
For first-time buyers eyeing starter homes or condos in Dallas, save $10,000 to $20,000. Think of it as your ticket to the Dallas housing scene, from East Dallas to Oak Cliff. Just remember, Texas property taxes can be around 2-3%, so don't get caught off guard!
👨‍👩‍👧‍👦 Family Buyer
For families searching for a single-family home in Dallas or the surrounding suburbs like Frisco or Plano, aim to save $20,000 to $40,000. With big backyards for BBQs and neighborhood pools, it's all about room to grow. Expect HOA fees between $50 to $300 per month for the community perks.
đź’¸ Luxury Homebuyer
If you're dreaming of a
luxury homes in Dallas,, like those in Highland Park or Preston Hollow, you'll need to save $50,000 or more. These homes come with gated entrances, swimming pools, and lots of space for entertaining. Be ready for premium HOA fees and higher property taxes—but hey, you're living the high life!
Dallas may not have a state income tax, but those property taxes and luxury amenities sure add up. Get your wallet ready for the full Dallas experience—and maybe a backyard BBQ or two. 🤠🏡