Based the School District Strategies report (SDS) on residential activity in the Midlothian Independent School District (MISD) during the fourth quarter of 2015, it’s clear that the district is still among the Dallas-Fort Worth metroplex’s leading growth sectors.
Other Highlights From the Report
- MISD’s ranks 17thin most new home closings over the past year compared to all districts in Dallas-Fort Worth.
- 78 percent of new home construction in MISD occurred within the city of Midlothian.
- The district’s median new home price climbs to record high of $315,042 in 2015. Which is a 12 percent increase over 2014.
- MISD enrollment is now 8,470.
- New home construction is projected to increase the annual enrollment growth rate from the current level of 2.3 percent to 5 percent over the next five years.
- Residential development projected to increase total enrollment by 125 percent in the next 10 years.
- As of December 2015, there were 1,081 fully developed vacant lots on the ground.
- There are 836 future lots are currently under development, which is the most in 12 years.
- The combined lots in proposed residential projects in MISD total more than 19,000.
Together, these facts point to a community that continues to lead in positive residential growth and is building the home infrastructure that supports both retail development and advanced industrial development.
A Steady Growth for Midlothian
Click here to view the full 4th quarter, 2015 School District Strategies report.