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The Dunnican Team at Coldwell Banker Apex, Realtors®

(972) 679-1789

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The Dunnican Team
9106 Royal Burgess Dr
Rowlett TX 75089

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Coldwell Banker Apex, Realtors®
2555 Ridge Road #144
Rockwall TX 75087 

 

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By the Numbers

Real Estate Market Update

Curious about what the market’s doing in your neighborhood? Whether you’re thinking of buying, selling, or just staying informed, our local real estate market updates help you make smarter decisions. Below, you'll find the latest stats, trends, and expert commentary—broken down by county, city, and even neighborhood. This page is updated monthly with insights from The Dunnican Team’s on-the-ground expertise.

 

City of Lucas, TX

MEDIAN SALES PRICE

$767,500

MEDIAN SALES PRICE

CLOSED SALES

4

CLOSED SALES

ACTIVE LISTINGS

31

ACTIVE LISTINGS

MONTHS INVENTORY

3.6

MONTHS INVENTORY

Lucas, TX Housing Market Update – January 2026

Reporting Period: Jan 1–Jan 31, 2026 • Data via NTREIS

Key Highlights

  • Median Price: $767,500 (−27.9% YoY)
  • Closed Sales: 4 (+100.0% YoY)
  • Active Listings: 31 (+24.0% YoY)
  • Months of Inventory: 3.6 (0.0 YoY)

PRICES
Lucas recorded a January median sold price of $767,500, down 27.9% year over year :contentReference[oaicite:0]{index=0}. In a small, luxury-leaning market like Lucas, monthly median price can shift significantly based on which properties close—particularly when sales volume is low. Large estate homes, acreage properties, and custom builds can meaningfully influence the monthly median.

SALES ACTIVITY
Closed sales totaled 4, up from 2 the prior January (+100.0% YoY) :contentReference[oaicite:1]{index=1}. With such limited transaction volume, each closing has an outsized impact on reported trends. Activity remains selective, with buyers focusing on premium properties that align with location, lot size, and long-term value.

INVENTORY
Active listings ended the month at 31, up 24.0% year over year :contentReference[oaicite:2]{index=2}. The price distribution shows that 100% of available homes are above $500,000, with half of inventory between $500,000–$749,999 and the remainder split between $750,000–$999,999 and $1M+. This concentration reinforces Lucas’ position as a higher-end, low-density market.

MARKET BALANCE
Months of inventory remained steady at 3.6, unchanged from last January :contentReference[oaicite:3]{index=3}. While inventory has increased modestly, the overall supply-demand balance has not materially shifted year over year. In smaller markets like Lucas, negotiation often depends more on property uniqueness and condition than broader statistical trends.

What Sellers Need to Know

  • Low sales volume means pricing must align closely with current comparable listings.
  • Luxury and acreage buyers are selective—presentation and condition are critical.
  • Unique properties can command strong pricing when marketed strategically.
  • Patience may be required, as buyer pools in higher price brackets are naturally smaller.

What Buyers Need to Know

  • Inventory has increased compared to last year, providing more high-end options.
  • Negotiation may be possible, particularly on homes that have been on market longer.
  • Lot size, privacy, and property condition remain primary value drivers in Lucas.
  • Well-priced custom homes can still attract attention quickly.

2026 Lucas Housing Market Forecast

Lucas enters 2026 as a stable but low-volume market where individual property characteristics drive results more than broad trends. If mortgage rates ease, higher-end demand could strengthen modestly, particularly for well-maintained custom homes on larger lots. If rates remain elevated, buyers are likely to stay highly selective and negotiation-focused. Sellers who price strategically and present properties competitively should continue to attract serious interest, though timelines may vary based on price point. Overall, Lucas remains a niche luxury market where preparation and positioning matter more than overall volume trends.

Source: NTREIS MLS (Jan 1–Jan 31, 2026) with January 2025 comparison metrics from Texas REALTORS® Data Relevance Project (Lucas, January 2025). :contentReference[oaicite:4]{index=4}

Explore This Month’s City Reports

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Lucas Real Estate Overview

Luxury Living, Wide Open Spaces, and Top-Rated Schools in Collin County

About Lucas, TX

Tucked in the heart of Collin County, Lucas is North Texas’s hidden gem for luxury acreage living with easy access to modern conveniences. Located just minutes from Allen, Fairview, and McKinney, Lucas offers a rare blend of space, serenity, and top-tier schools—making it a go-to destination for buyers who want room to breathe without giving up proximity to shopping, dining, and daily needs.

Lucas is best known for its access to Lovejoy ISD, one of the highest-performing public school districts in Texas. With small class sizes, award-winning academics, and a strong emphasis on enrichment and community engagement, Lovejoy ISD draws families who prioritize education and involvement.

Homes and Land for Sale in Lucas, TX

The Lucas real estate market is tailor-made for buyers seeking custom homes, privacy, and acreage. Unlike more densely developed suburbs, Lucas offers fewer rooftops, more trees, and homes that feel like private retreats.

Common property types in Lucas include:

  • Luxury estates on acreage, often gated and outfitted with guest quarters, pools, barns, or equestrian amenities

  • Custom-built homes with distinctive architecture, energy-efficient features, and lifestyle-oriented layouts

  • Gated communities like Broadmoor Estates and Edgewood, offering larger lots, luxury finishes, and exclusivity

  • Equestrian properties, ideal for horse owners and hobby farmers, with space for barns, arenas, and pastureland

  • Build-ready land tracts, where buyers can craft their dream home with fewer restrictions and builder flexibility

Whether you're planning a multi-generational estate, building a custom home, or seeking a peaceful place to unwind, Lucas offers a lifestyle rooted in space, quality, and long-term value.

Why Buyers Choose Lucas

Lucas strikes a rare balance: rural ambiance with suburban access. Buyers are drawn to the area’s scenic landscapes, strong community values, and the freedom to live life on their own terms—whether that means gardening, keeping animals, working from home, or just enjoying a peaceful night under the stars.

What makes Lucas stand out:

  • Top-rated schools through Lovejoy ISD

  • Larger lots, often with mature trees, open views, and custom landscaping

  • Close proximity to shopping, dining, and entertainment at Fairview Town Center, Allen Premium Outlets, and The Village at Allen

  • Easy access to US-75, SH-121, and Lake Lavon for recreation

  • A low-density, low-commercial setting that emphasizes privacy and natural beauty

  • A strong sense of community and outdoor living, including trails, parks, and equestrian facilities

From relocating professionals and growing families to empty nesters and luxury lifestyle seekers, Lucas continues to attract buyers looking for a high-end living experience with room to roam.

Selling A Home in Lucas?

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From custom builds to private estates, we’ll help you find the space and lifestyle you’re dreaming of.

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The Dunnican Team

(972) 679-1789

9106 Royal Burgess Dr Rowlett TX 75089

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The Dunnican Team

(972) 679-1789

9106 Royal Burgess Dr Rowlett TX 75089