Phillips Creek Ranch sits in west Frisco off FM 423 and the Dallas North Tollway, covering roughly 1,300 acres with about 3,500 homes at full build-out. It is one of the most established master-planned communities inside the Frisco city limits and one of the few that managed to keep four on-site Frisco ISD elementary schools, which is the single biggest reason buyers compete here.
Pricing typically runs from the mid $600,000s for resale production homes up to $1.5M for the larger custom and semi-custom homes along the creek and on the perimeter cul-de-sacs. Most floor plans land between 2,800 and 4,500 square feet on lots in the 60 to 80 foot frontage range. Original builders included Highland Homes, Drees, Toll Brothers, Darling, and Plantation Homes, and that builder mix is exactly why resale liquidity stays strong even when the broader market softens.
The amenity program is the second reason people stay. The Range is the main amenity center with a resort lap pool, splash pad, fitness center, and event lawn. Add in stocked ponds, dog parks, multiple pavilions, and a trail system that connects into the broader Frisco trail network, and you get a community calendar that runs year round.
Property taxes typically land in the 2.0 to 2.2 percent range depending on MUD assessments, with HOA dues in the $1,200 to $1,500 per year band. There is no PID layered on top, which matters when you compare the all-in monthly to newer Frisco communities like Fields where PID assessments can add a meaningful number to the carry.
Resale data over the last 24 months has been steady. Days on market for well-prepared homes typically sit in the 20 to 35 day range, and price per square foot has held up well versus comparable west Frisco product. If you want a community that is fully amenitized, fully schooled, and out of construction phase risk, this is one of the cleanest plays in the city.
Email rob@lonewolfrealtygroup.com for expert guidance on buying or selling in Phillips Creek Ranch, Frisco TX.