According to the most recent School District Strategies report, residential construction activity does not show any sign of letting up in the Midlothian Independent School District.
The report indicates builders closed 216 new homes in the district during the third quarter of 2018. This represents the two consecutive quarters of record closings.
The five top-producing new subdivisions in Midlothian ISD were Lawson Farms, Windermere Estates, McAlpin Manor, Kensington Park North, and Bob White Estates.
MISD encompasses 112 square miles and has two high schools, two middle schools, and seven elementary schools. Future schools are on the drawing board to open in August 2019 and August 2020.
Other Highlights From the 3Q 2018 SDS Report
- District enrollment projected to surpass 10,000 students in 2019/20 and continue to expand by 4,000 to 5,000 students over the next 10 years.
- The district’s median new home price was close to $379,000 in the third quarter.
- From 4Q17 to 3Q18, developers delivered 553 new single-family residential lots in MISD.
- 5.8% annual enrollment growth from 2017 to 2018 is the fastest rate in 12 years.
- From 4Q17 to 3Q18, Midlothian ISD ranked 16th in total new home starts and 14th in total closings compared to the other 88 DFW school districts.
- 81% of the district’s new home starts are in subdivisions with an average base pricing of more than $300,000.
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. Great things are happening here!