If you are considering whether to move to Irving or buy an investment property, I would start by looking at three things.

First, what the current housing prices are, whether jobs are consistently coming in, and if you have children, whether you can also consider the school district.

Let's start with housing prices. According to Zillow, the average home value in Irving is about $343,000, which is a 0.8% decrease from a year ago.

On the other hand, the median sale price reported by Redfin for June 2026 is about $410,000, which is a 2.6% increase from the previous year.

You might wonder, "If one is down, why is the other up?"

This is due to different statistical methods. Zillow estimates the home values for the entire area, while Redfin is based on actual home sale prices.

If relatively higher-priced homes have been sold recently, such differences can certainly arise. Therefore, it's difficult to judge solely based on the numbers that say Irving's home prices are definitely going up or down.

What I am actually more interested in are the companies.

Irving has a significant number of companies, especially around Las Colinas.

According to the Irving Economic Development Partnership, there were 49 new business attractions and 26 expansions of existing businesses in the recent fiscal year, with related capital investments exceeding $1 billion. There are also over 10,000 new and retained jobs.

This is quite an important number in real estate.

While people may move in first and companies follow, it is also common for companies to come in and create jobs, leading employees and their families to follow.

Recently, Caterpillar secured additional office space near Las Colinas, and Bimbo Bakeries USA also relocated its headquarters to Irving.

With the addition of manufacturing and distribution companies to the already existing finance, energy, and service companies in Las Colinas, the industrial composition is becoming more diverse.

Additionally, the proximity to DFW International Airport is a significant advantage. For corporate executives who travel frequently or companies with a national sales network, being just 10-15 minutes from the airport is a surprisingly strong competitive edge.

If you are moving to live there, you need to consider the school district.

At this point, you shouldn't just look at the internet school scores and sign a contract for a house. You should check the general school quality on GreatSchools or Niche and then choose a few neighborhoods you like.

Before making an actual offer, it is also safer to directly confirm with the school district which school is assigned to that address.

Even with the same Irving address, schools can differ, and school district boundaries can change.

Areas like Las Colinas, which have apartments, condos, and commercial facilities together, have a very different living atmosphere compared to quieter single-family home areas.

If you are moving from another state to Texas, you also need to calculate property taxes. While Texas has the advantage of no state income tax, the burden of property taxes is relatively high. If it's a primary residence, you should also check whether the homestead exemption applies.

For investment properties, the calculation method changes again. Just because there are many companies and jobs doesn't mean any house will rent well.

You need to calculate the actual cash flow by including expected rent, HOA fees, property taxes, insurance, vacancy potential, repair costs, and mortgage.

Ultimately, the Irving real estate market is one that is a bit too valuable to judge solely based on home prices. I would rather look at the trend of companies and jobs continuously coming into the area around Las Colinas first. Then, by aligning home prices, school districts, and taxes, it becomes much easier to determine whether it is a city I want to live in or one worth investing in.