Parkwood Ranch, Collin County, TX

Median Home Price Price

$574,489 $574.5K

Median Monthly Rent Rent

$2,041 $2K

23.0x

Market Snapshot

Parkwood Ranch, Collin County, TX is a neighborhood market with a median home price of $574,489, a median monthly rent of $2,041, a GRM of 23.0x, and a price-to-rent ratio of 23.5.

Comparable Markets

Use related neighborhood markets across same-county, in-state, and outside-state scopes as a starting point for side-by-side review of price, rent, GRM, and recent trend context.

More markets to explore

Explore the data
Region Show
Reid Farm
$558K $2.0K 23.0x
Quail Creek Explore deeper
$544K $2.1K 22.0x
Maxwell Creek North Explore deeper
$614K $2.0K 26.0x

Home prices

Monthly rent

GRM = home price / annual rent

Region Show
Pearson Farms, Denton County, TX Explore deeper
$799K $2.0K 33.0x
Homestead, Denton County, TX
$590K $2.0K 24.0x

Home prices

Monthly rent

GRM = home price / annual rent

Region Show
Ridgeview, Contra Costa County, CA Explore deeper
$670K $2.8K 20.0x
Whisper Creek, Jefferson County, CO
$768K $2.8K 23.0x
Fernleaf, Fulton County, GA Explore deeper
$742K $2.1K 29.0x

Home prices

Monthly rent

GRM = home price / annual rent

Parkwood Ranch

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Benchmark comparison

Rent in Parkwood Ranch, TX is 2.2% higher than Reid Farm, TX.

Compare to Reid Farm, TX
Parkwood Ranch, TX
Reid Farm, TX
Delta
Median rent
$2,041
$1,998
-$43
Median price
$574,489
$558,139
-$16,350
YoY change
+$2
+$7
+$5
Price-to-rent
23.5x
23.3x
-0.2x

Key takeaways

  • Parkwood Ranch, Collin County, TX has a higher-grm screening profile: At 23.0x GRM, current rent may provide less support for the purchase price.
  • Higher GRM is not automatically negative; it may reflect appreciation expectations, scarcity, or lifestyle premium.
  • Rent momentum is positive, with median rent up about $2 year over year.
  • Rent in Parkwood Ranch, TX is 2.2% higher than Reid Farm, TX.