Power Team Texas Realty, your Top Dallas-Fort Worth Real Estate Agent serving Richardson, TX

Richardson, TX

Richardson, TX Richardson is a city in Dallas and Collin counties. The population is approximately 110,000. Richardson is an affluent inner suburb of Dallas and home of The University of Texas at Dallas and the Telecom Corridor with a high concentration of telecommunications companies. More than 5,000 businesses have operations within Richardson’s 28 square miles, including many of the world’s largest telecommunications/networking companies

Power Team Texas Realty your Top Dallas-Fort Worth Real Estate Agent serving Richardson, TX

Real Estate in Richardson, TX

Single-family detached homes are the single most common housing type in Richardson, accounting for 63.83% of the city’s housing units. There is a lot of housing in Richardson built from 1970 to 1999. Richardson one of the highest appreciating communities in the nation in the recent past, and may signal the city’s near-future real estate investment strength.

Power Team Texas, Top Dallas-Fort Worth Real Estate Agent serving Richardson, TX

City Highlights

Richardson also has a statewide reputation as a great place to play, with the nationally recognized Wildflower! Festival held each May and the highly regarded Cottonwood Arts Festival held the first weekend of each May and October. The City of Richardson is the envy of its suburban neighbors with its state-of-the-art Eisemann Center for Performing Arts. The City of Richardson has been recognized for its economic stability and strong fiscal management by credit rating agencies.

Schools

Power Team Texas Realty your Top Dallas-Fort Worth Real Estate Agent serving Richardson, TX

Employment

Power Team Texas Realty your Top Dallas-Fort Worth Real Estate Agent serving Richardson, TX

Richardson History

In the 1840s, settlers from Tennessee and Kentucky arrived to what is now Richardson.In 1908 the Interurban, an electric railway, began service north to Denison, south to Waco, southeast to Corsicana and west to Fort Worth. In 1924, the Red Brick Road (Greenville Avenue) was completed, bringing an increase in traffic, population and property values. The following year, the town incorporated and elected its first mayor.

By 1940, the population stood at about 740, but after World War II, the City experienced a new surge in population. By 1950, the City boasted a population of approximately 1,300. Additional municipal services, such as emergency ambulance, police protection and parks and recreation facilities, became available to residents.
In 1951, Collins Radio opened a Richardson office, ushering the City into the electronic era. Central Expressway opened in 1954, and the agricultural city of the past became a community of shopping centers and homes.

The 1960s saw a notable increase in park land acquisition and the construction of additional facilities, especially at Huffhines Park, Prairie Creek Park and Cottonwood Park. In 1961, the Southwest Center for Advanced Studies was dedicated. In 1969, Erik Johnsson and other Texas Instruments executives donated the Center to the state and it became part of the University of Texas System called University of Texas at Dallas.

Today the City is no longer the bedroom community of the ’50s and ’60s, but is itself at the heart of a significant employment center, the Telecom Corridor area. More than 88,000 people work in the City of Richardson each day.

Richardson is one of the most conveniently located communities in the Metroplex, with access to points in all directions via both major roadways and the DART rail system.