Most Expensive Neighborhoods in Northlake, TX at a Glance

Northlake’s median sale price is about $475,000 according to Redfin, but the communities at the top of this list are well above that number. Every neighborhood on this list is new construction or near-new, which is typical for a town that has grown from about 900 people in 2000 to about 11,811 as of 2024, according to the Town of Northlake.

The Highlands of Northlake

The Highlands is the most expensive community in Northlake, with homes starting above $1 million and reaching past $2.1 million. It’s a 363-acre custom estate development on the south side of FM 407, about three miles west of I-35W.

Every lot is at least 1 acre, and home sizes run from about 2,700 square feet for single-story plans to over 5,100 square feet for two-story builds. Builders include Windmiller Custom Homes, Kindred Homes, Providential Custom Homes, and Gallery Custom Homes.

The community has 50 acres of green space and a two-mile trail system. HOA dues run about $1,000 per year, which covers trail maintenance, the entry water feature, and common areas.

The Highlands is zoned for Northwest ISD, which holds an A- on Niche. Property taxes include a PID overlay at $0.1475 per $100 on top of the base rate, so your effective rate will be higher than the standard Northlake tax stack. On a $1.2 million home, that PID alone adds about $1,770 per year to the annual bill.

If you want the largest lots and highest price floor in Northlake, this is the only community that requires 1-acre minimums with custom builds across the board.

Prairie View Farms in Northlake

Prairie View Farms has a median list price around $1,375,000, with homes ranging from about $700,000 to over $1.3 million. Like The Highlands, these are 1-acre lots with custom homes, but the community is zoned for Argyle ISD, which holds an A+ on Niche and ranks #8 in Texas for 2026.

Builders active in Prairie View Farms include Innovation Builders and Gallery Custom Homes, among others. The price per square foot averages about $274.

One thing to verify before making any assumptions about this community is the city limits. Prairie View Farms uses the 76226 zip code, which is the Argyle mailing address. Some listings show Northlake as the city, and others show Argyle. The actual municipal boundary in this area runs close to the community, so your specific lot could fall in either jurisdiction. This matters for city taxes, utility providers, and which rules apply to your property. Confirm the exact city with the county appraisal district before buying.

Canyon Falls in Northlake

Canyon Falls is a 1,242-acre master-planned community that spans three cities: Northlake, Argyle, and Flower Mound. The Northlake sections tend to be on the western side of the development, with new construction pricing from about $500,000 to over $1.275 million depending on the builder and lot size.

The median listing price across all Canyon Falls sections is about $766,000, but homes on the upper end, particularly the 90-foot and 100-foot lots from builders like Perry Homes, Windmiller, and Chesmar, push well past $900,000. Custom builds from Drees Custom Homes and American Legend go higher.

Canyon Falls has over 14 miles of trails and a creek preserve running through the community. The school district depends on which section you buy in. Some portions are zoned for Northwest ISD, and others feed into Argyle ISD. This is something you need to confirm at the address level, not the community level.

Property tax rates also vary across Canyon Falls because of the multi-city structure. Sections within Flower Mound’s jurisdiction have a different city rate than sections in Northlake or Argyle. Rates in the Northlake portions can run higher, around 2.5% to 2.8% effective, depending on special district overlays.

Pecan Square by Hillwood in Northlake

Pecan Square is the largest master-planned community in Northlake, with over 3,000 homesites planned across multiple phases. It’s a Hillwood Communities development, the same developer behind Harvest in Argyle and Viridian in Arlington.

The overall price range runs from the mid-$400s to the high $800s, but the Estates sections push into the upper end. The David Weekley Estates plans currently list from about $800,000 to just over $1 million, making the Estates section the most expensive slice of Pecan Square.

Builders in Pecan Square include Toll Brothers, Highland Homes, David Weekley Homes, Drees Custom Homes, Coventry Homes, Pulte Homes, and D.R. Horton. The range of builders means a wide price spread within the same community, which is unusual for the premium end of a “most expensive” list but reflects the scale of the development.

Pecan Square is zoned for Northwest ISD, which holds an A- on Niche. The community falls within the Pecan Square Municipal Management District, which adds $0.705 per $100 of taxable value on top of the base tax rate. On a $700,000 home, the MMD alone adds about $4,935 per year before the homestead exemption is applied to the school portion.

Amenities include the Greeting House co-working space, the Arena event pavilion, and several miles of trails.

The Ridge at Northlake

The Ridge at Northlake has home prices from about $510,000 to $836,000. It’s positioned between Robson Ranch to the north and the Harvest community to the south, and the master plan calls for over 1,000 single-family homes at buildout.

Pricing varies by builder and lot width. Taylor Morrison offers three tiers: 50-foot lots starting around $509,990, 60-foot lots from about $555,000, and 70-foot lots from about $699,000 to $775,000. David Weekley Homes builds on 60-foot homesites with prices from about $588,000 to $773,000. Coventry Homes and Meritage Homes are also active in the community.

The Ridge is zoned for Argyle ISD, which holds an A+ on Niche and ranks #8 in Texas for 2026. HOA dues are $371 per quarter.

The lots are smaller and the builds are production-style rather than custom, but the tradeoff is a lower entry price and more inventory to choose from. If you want something move-in ready rather than a ground-up custom build, The Ridge has the most options in that range.

Property Taxes in Northlake’s Most Expensive Communities

The potential downside of buying in Northlake’s priciest neighborhoods is the tax bill. Texas has no state income tax, so property taxes fund the schools, infrastructure, and services instead.

The Town of Northlake’s rate is $0.295 per $100 of taxable value, but that’s just one piece. Denton County, your school district (Northwest ISD or Argyle ISD), and any special district overlays stack on top.

Communities with Municipal Management Districts or Public Improvement Districts add the most. Pecan Square’s MMD adds $0.705 per $100, which is significant. The Highlands’ PID adds $0.1475 per $100, a smaller overlay but still an additional line item.

On a $700,000 home in a community with a heavy special district overlay, your annual property tax bill could be in the $16,000 to $19,000 range after applying the $140,000 homestead exemption to the school portion. On a $1.2 million home in The Highlands, even with the smaller PID, the annual bill could exceed $22,000.

Homeowners who are 65 or older or disabled get a larger school district homestead exemption of $200,000 instead of the standard $140,000, under 2025’s Proposition 11. The only way to know your exact rate is to look up the specific address on the Denton Central Appraisal District website.