Why Live in The Reservation
The Reservation neighborhood in Richardson, located just outside the Dallas-Fort Worth Metroplex, combines suburban tranquility with urban accessibility. This area is known for its highly rated schools, including Mohawk Elementary School, Richardson North Junior High School, and Pearce High School, making it a popular choice for families. The neighborhood features midcentury ranch-style homes with spacious front yards and rear-entry garages, as well as newer modern farmhouses with expansive porches. Residents enjoy outdoor activities at Mimosa Park, which offers lighted tennis courts, a baseball field, walking paths, and a playground. The Greenwood Hills Community Center provides a swimming pool and sand volleyball courts, with memberships available to residents of Dallas and Collin counties. The Reservation is conveniently located near retail and dining options, including a Walmart Supercenter, Target, Sprouts Farmers Market, and Tom Thumb. Local dining highlights include Café Gecko, known for its American bar food and large patio, as well as chain restaurants like Whataburger and Starbucks. The neighborhood's central location offers easy access to TEXpress and Highway 75, making it 15 miles from downtown Dallas, 22 miles from Dallas-Fort Worth International Airport, and 42 miles from Fort Worth. With its blend of suburban charm and urban convenience, The Reservation is a desirable place to live.
Frequently Asked Questions
Is The Reservation a good place to live?
The Reservation is a good place to live. The Reservation is considered car-dependent with some transit options. The Reservation is a suburban neighborhood with a crime score of 2, making it safer than the average neighborhood in the U.S. The Reservation has 6 parks for recreational activities. It is fairly sparse in population with 5.8 people per acre and a median age of 42. The average household income is $167,597 which is above the national average. College graduates make up 81.3% of residents. A majority of residents in The Reservation are home owners, with 6% of residents renting and 94% of residents owning their home. A
local real estate agent serving The Reservation can help you decide if this neighborhood is the right one for you. Learn more on our
The Reservation neighborhood guide.
Is The Reservation, TX a safe neighborhood?
The Reservation, TX is safer than the average neighborhood in the United States. It received a crime score of 2 out of 10.
How much do you need to make to afford a house in The Reservation?
The median home price in The Reservation is $675,000. If you put a 20% down payment of $135,000 and had a 30-year fixed mortgage with an interest rate of 6.72%, your estimated principal and interest payment would be $3,490 a month plus property taxes, HOA fees, home insurance, PMI, and utilities. Using the 28% rule, you would need to make at least $150K a year to afford the median home price in The Reservation. The average household income in The Reservation is $168K.
What are the best public schools in The Reservation?
The best public schools that serve The Reservation are:
What are the best private schools in The Reservation?
The best private schools that serve The Reservation are:
What are the most popular zip codes in The Reservation, Richardson, TX?
What are the most popular neighborhoods near The Reservation, Richardson, TX?
Home Trends in The Reservation, TX
On average, homes in The Reservation, Richardson sell after 45 days on the market compared to the national average of 70 days. The median sale price for homes in The Reservation, Richardson over the last 12 months is $670,000, up 69% from the median home sale price over the previous 12 months.
Median Sale Price
$670,000
Median Single Family Sale Price
$669,750
Median Townhouse Sale Price
$515,000
Median 1 Bedroom Sale Price
$523,000
Average Price Per Sq Ft
$325
Number of Homes for Sale
3
Last 12 months Home Sales
18
Median List Price
$675,000
Median Change From 1st List Price
1%
Median Home Sale Price YoY Change
69%