Good schools and expensive homes are a chicken-and-egg situation. When a school district does well, people are willing to pay more for a home in the district. Those higher property values then feed back into the school system, funding even better programming, elite sports and school district pride.
We in Dallas know this well — look at Highland Park ISD, where, if you’re willing to shell out the median home price listing of $4 million, your child is almost guaranteed to get into an exceptional college after four years of donning the Scots’ navy and gold.
However, according to a recent survey by Realtor.com, DFW’s most sought-after school district isn’t Highland Park ISD after all. The report shows that out-of-district home buyers looked to Carroll ISD in Southlake more than any other North Texas district between May and July of this year, and those Southlake Dragon hopefuls were willing to pay the nation’s highest premium for an in-district home…