Irving, Texas: 2026 City Guide, Real Estate Market, Las Colinas, DFW Airport & Relocation
Irving is one of North Texas’ most internationally connected cities: an estimated 257,076 residents, a population that is 42.5% foreign-born, direct DFW Airport access, nine Fortune 500 headquarters, Las Colinas’ office-and-residential skyline, the Mandalay Canals, Toyota Music Factory and a housing market spanning everything from sub-$300,000 condos to multimillion-dollar estates.
Table of Contents
- Irving at a Glance
- Irving’s International Demographic Story
- History: Railroad Town to Global Business Center
- Las Colinas, Lake Carolyn & Mandalay Canals
- Mustangs, Toyota Music Factory & Visitor Economy
- 2026 Irving Real Estate Market
- Homes Sold This Year & This Month
- Housing Submarkets & Price Tiers
- Buyer & Relocation Due Diligence
- Seller & Listing-Agent Strategy
- Major Development & Redevelopment
- Former Texas Stadium / East Gateway
- Heritage District & South Irving
- DART, TRE & Irving Connector
- DFW Airport & Corporate Employment
- Irving ISD & School Research
- Campion Trail, Parks & Recreation
- Property Taxes, PIDs & Ownership Costs
- 2027 Outlook
- Official & Approved Resources
- Irving FAQ
Irving at a Glance
Irving’s population has remained essentially flat since 2020, but the city is not economically static. It is a mature employment and multifamily center with a much lower homeownership rate than many North Texas suburbs, large international communities and a corporate base far larger than its population alone would suggest.
| Measure | Latest cited figure | Why it matters |
|---|---|---|
| Population estimate | 257,076 (July 1, 2025) | Only 0.1% above the April 2020 estimate base. |
| 2020 Census population | 256,684 | Shows Irving is a mature rather than explosive-growth city. |
| Foreign-born population | 42.5% | One of Irving’s defining demographic and workforce characteristics. |
| Language other than English at home | 61.8% | Reflects a highly multilingual community. |
| Owner-occupied housing rate | 38.1% | Irving has a much larger renter/multifamily footprint than most suburban DFW cities. |
| Median owner-occupied value | $315,600 | ACS benchmark; not a live 2026 sale-price statistic. |
| Median household income | $81,830 | 2020-2024 ACS, in 2024 dollars. |
| Median gross rent | $1,619 | ACS benchmark; current asking rents vary sharply by submarket. |
| Bachelor’s degree or higher | 42.4% | Supports the city’s professional and corporate workforce. |
| Mean commute | 24.1 minutes | Central DFW location keeps many major job centers comparatively close. |
| 2022 retail sales | $7.30 billion | Shows the scale of commercial activity relative to population. |
A City Where Global Business and Global Households Overlap
Irving’s 42.5% foreign-born share is unusually high for a city its size. The City reports more than 140 international companies operating locally and more than 8,500 companies overall. That creates housing demand from corporate transferees, airport employees, technology and professional-services workers, international families and long-term renters.
23.2% Asian population
The Census profile places Irving among the most internationally diverse cities in North Texas.
43.4% Hispanic or Latino
Irving’s cultural and retail landscape reflects multiple immigrant and multigenerational communities.
61.8% multilingual households
More than six in ten residents age 5+ speak a language other than English at home.
From an 80-Acre Townsite to Las Colinas
Sources: Visit Irving history; City economic-development profile.
Las Colinas, Lake Carolyn & the Mandalay Canals
Las Colinas is a 12,000-acre master-planned community whose urban core looks and behaves more like a small downtown than a conventional suburb. Office towers, apartments, condos, hotels, restaurants, the convention district and Lake Carolyn create a market that is fundamentally different from older south and central Irving.
Mandalay Canals
The Venetian-inspired canals connect with Lake Carolyn and wind through restaurants, hotels, residences and offices along roughly three miles of waterside paths.
Water Street
Mixed-use residential and commercial development on Lake Carolyn adds walkable dining and shopping to the urban center.
Orange Line access
Las Colinas Urban Center Station places DART rail directly beside Lake Carolyn and the business district.
Mustangs, Toyota Music Factory & a $3.4B Visitor Economy
Irving Is Both a Corporate City and a Visitor City
Visit Irving represents a hospitality economy exceeding $3.4 billion per year and more than four million annual visitors. The city also has 13,000+ hotel rooms, making meetings and business travel a core economic sector.
Mustangs of Las Colinas
Nine bronze mustangs gallop through Williams Square Plaza. Visit Irving describes the installation as the largest equestrian sculpture in the world.
Toyota Music Factory
The 250,000-square-foot entertainment campus includes an 8,000-capacity indoor/outdoor amphitheater and a 50,000-square-foot event plaza.
Irving Convention Center
The 275,000-square-foot facility provides about 100,000 square feet of meeting and exhibit space and anchors a walkable convention district.
The visitor economy has real municipal consequences. Visit Irving reports 4.3 million visitors annually, roughly $3.5 billion in visitor spending, 23,000 local jobs supported by tourism, and more than $70 million in annual tax revenues generated by the visitor industry.
Irving Real Estate Market: September 2026
Irving’s citywide median hides one of the widest housing ranges in North Texas. Redfin reports a rolling three-month September median sale price of $389,814, 307 September sales and 48 median days on market. Realtor.com reports a $429,950 median listing price, $393,906 median sold price, 597 active listings and 57 median days on market.
Buyer leverage has increased
Redfin’s 96.9% sale-to-list ratio means the average sale is about 3% below the final list price under its methodology. Nearly 47% of active listings showed price drops.
Zillow shows flat typical values
Zillow’s September typical home value was $337,610, essentially flat year over year, with 583 homes for sale and roughly 32 days to pending.
Las Colinas changes the city average
High-rise condos, townhomes and luxury single-family homes around Las Colinas can sit far above the price structure of central and south Irving.
Rental demand is structural
With only 38.1% owner occupancy and major apartment concentrations, Irving is more renter-oriented than most suburban DFW markets.
Redfin Irving market • Realtor.com Irving market • Zillow Irving home values
Homes Sold This Year & This Month
September is the latest completed month. Redfin reports 307 Irving homes sold in September 2026, down 1.4% year over year. Because Redfin changed its 2026 city-level methodology to use rolling three-month windows for smaller geographies, and public portals use different coverage, this guide does not add incompatible monthly figures into a false year-to-date total.
| 2026 checkpoint | Sales / inventory measure | Price measure | Interpretation |
|---|---|---|---|
| September 2026 | 307 homes sold | $389,814 rolling 3-month median | Redfin current city tracker. |
| September 2026 | 597 active listings | $393,906 median sold price | Realtor.com completed-month market summary. |
| September month-end | 583 for-sale listings | $337,610 typical home value | Zillow inventory and ZHVI; not the same as a sold-price median. |
| Recent sold archive | 1,200+ records displayed | Property-specific | Homes.com rolling/multi-period sold archive; not a 2026 YTD total. |
Irving Housing Submarkets & Price Tiers
Las Colinas / 75039
Luxury townhomes, condos, apartments and higher-end single-family homes. Corporate relocation and urban-center amenities support a premium tier.
University Hills
Architecturally distinctive homes, mature trees, larger lots and Las Colinas proximity. Listings commonly sit well above Irving’s citywide median.
Valley Ranch / 75063
Established master-planned neighborhoods, canals and strong highway access. Redfin’s August rolling median was about $491K.
North Irving / 75062
Established 1960s-1990s housing, country-club areas, condos and custom homes create a wide price range.
South Irving / 75060-75061
Older housing stock and more attainable price points place renovation, foundation and systems condition at the center of buyer decisions.
Heritage / Downtown
Historic neighborhoods, duplexes, apartments and redevelopment around Irving Boulevard create a distinct infill market.
What Irving Buyers Should Verify
- Submarket: Las Colinas, Valley Ranch, South Irving and the Heritage District have very different housing economics.
- School district: verify the exact address; Irving-area properties can interact with Irving ISD and neighboring districts.
- Airport noise: test aircraft patterns at the property during different times and wind conditions.
- Rail proximity: DART Orange Line and TRE access can improve commuting but buyers near tracks should evaluate crossings and train activity.
- PID assessments: parts of Las Colinas, including Bridges of Las Colinas, have Public Improvement District assessments separate from ordinary property taxes.
- HOA / condo economics: high-rise and attached housing require careful review of dues, reserves, insurance, rental rules and special assessments.
- Flood / drainage: Trinity River, canals, lakes and flood-control infrastructure make site-specific research important.
- Future density: new Texas state law limits Irving’s ability to restrict qualifying multifamily and office-to-residential conversions in certain situations.
How Irving Sellers Can Compete
Price to the correct housing type
Irving’s mix of condos, townhomes, apartments and single-family homes makes property-type filtering essential.
Market employment access
DFW Airport, Las Colinas headquarters and major highways can be as important to relocation buyers as traditional neighborhood amenities.
Document systems and updates
In older central and south Irving homes, roof, foundation, HVAC, sewer, plumbing, windows and electrical improvements can materially reduce buyer risk.
Irving’s 2026 Growth Is Corporate, Urban & Infrastructure-Heavy
Wells Fargo Las Colinas Campus
Wells Fargo opened a 22-acre Las Colinas campus designed to accommodate approximately 3,000 employees. The campus has direct transit access and sustainability systems intended to produce more energy annually than it consumes.
Toyota Music Factory Improvements
The City lists approximately $35 million in new capital improvements supporting reinvestment in Toyota Music Factory, reinforcing the Las Colinas entertainment district.
$35.6M Flood-Reduction Funding
Irving announced $35.6 million in 2026 funding to reduce flooding and protect neighborhoods, adding to the city’s drainage-master-plan work.
State Law Changes Local Density Rules
New state law limits the City’s ability to restrict qualifying multifamily and residential mixed-use development and makes some office/retail/warehouse conversions easier to approve administratively.
Former Texas Stadium Area / East Gateway
At Irving’s eastern gateway, the City identifies more than 400 acres of developable land around the former Texas Stadium area as a major opportunity for a regional mixed-use destination. The zoning framework includes PUD 6 regulations specifically addressing the former stadium site and surrounding land.
This area has unusual strategic value because it sits at the convergence of SH 183 and SH 114 between Dallas, Las Colinas and DFW Airport. For buyers and investors in nearby neighborhoods, the key issue is not a single announced building but the long-term land-use transformation of a very large site.
Heritage District Neighborhood Plan & Irving Boulevard
The City is in the final stage of its Heritage District Neighborhood Plan, covering roughly 1,036 acres and approximately 7,600 residents. The area includes 1,614 single-family homes/duplexes, 1,283 apartment/townhome units and 285 commercial properties.
The planning effort is reviewing future land use, form-based development rules and community priorities while Irving Boulevard reconstruction and public-space investment seek to strengthen the traditional center of Irving.
DART Orange Line, TRE & the New Irving Connector
DART Orange Line
Irving stations connect Las Colinas, North Lake College, Belt Line and DFW Airport with Downtown Dallas and the broader DART network.
Trinity Railway Express
TRE serves Downtown Irving and West Irving, providing commuter-rail access toward Dallas, CentrePort/DFW and Fort Worth.
Irving Connector
In June 2026 the City launched Connector routes 225 and 255; in July it added The Loop at Las Colinas, improving local circulation around hotels, Water Street, restaurants and entertainment.
The Loop at Las Colinas is particularly relevant to visitors and residents because it addresses a common suburban-transit problem: the “last mile” between rail, hotels, restaurants and entertainment inside a dense employment center.
DFW Airport + Nine Fortune 500 Headquarters
Irving’s location is a major part of its housing economics. The City reports more than 8,500 companies, including nine Fortune 500 and three Fortune 1000 headquarters, plus more than 140 international companies.
DFW Airport adjacency
Airport terminals, airline operations, logistics, hotels and business travel are minutes from many Irving neighborhoods.
Las Colinas headquarters
Corporate campuses support high-wage employment and a steady relocation market for rentals, condos and single-family homes.
Central DFW position
SH 114, SH 183, Loop 12, President George Bush Turnpike and I-635 connect Irving to Dallas, Fort Worth and the northern suburbs.
Irving ISD: 29,000+ Students and a Diverse District
The Texas Education Agency’s 2026 accountability data lists 29,182 students in Irving ISD and an overall C rating with a score of 78. Individual campuses vary significantly: for example, MacArthur High School scored 87/B and Nimitz High School 88/B.
92 Parks, 2,000+ Acres & an Expanding Campion Trail
Irving maintains more than 90 parks and 2,000+ acres of parkland, while the City homepage highlights more than 33 miles of trails. In October 2026, Irving completed Campion Trail Phase 1B, adding a 1.8-mile segment along the Elm Fork of the Trinity River.
Campion Trail
The Trinity River greenbelt is one of Irving’s strongest recreation assets and continues to gain regional connections.
Let’s Play Irving
The City’s aquatics and recreation initiative represents approximately $103 million in facility investment.
Senter Park
Major aquatic/recreation center construction is underway as Irving reinvests in older south-city park infrastructure.
Irving Parks + Trails • Campion Trail and park project updates
Irving Property Taxes, PIDs & Special Districts
Irving City Council adopted the FY 2026-27 budget on September 10, 2026 based on maintaining a municipal tax rate of $0.5891 per $100 valuation. The City’s fiscal year began October 1.
Some properties require an additional layer of research. The Bridges of Las Colinas PID/TIF district, for example, covers 122 acres near SH 114 and Belt Line Road and uses annual PID assessments to help pay for infrastructure such as bridges, water, sewer, parks and trails.
Irving budget • Bridges of Las Colinas PID/TIF • Dallas Central Appraisal District
What to Watch in Irving Real Estate in 2027
Irving’s next phase is likely to be defined by redevelopment and density, not greenfield suburban expansion. Corporate campuses, state-enabled multifamily development, Heritage District planning, the former stadium site and transportation investment can all alter the city’s housing mix.
Las Colinas office-to-residential potential
State law makes some conversions easier, which could gradually turn aging office inventory into housing or mixed-use projects.
East Gateway remains the long-horizon prize
More than 400 acres around the former Texas Stadium area give Irving one of the largest redevelopment opportunities inside the urbanized DFW core.
Heritage District gets more attention
Neighborhood planning, Irving Boulevard reconstruction and form-based code discussions could bring more investment to south/central Irving.
Transit becomes more local
The Irving Connector can make existing rail stations and Las Colinas amenities more useful by closing the last-mile gap.
Corporate demand remains durable
Wells Fargo and Irving’s headquarters base support relocation demand even when regional housing activity slows.
Mortgage rates still matter
The Texas Real Estate Research Center’s statewide forecast through summer 2027 expects mortgage rates broadly around the 6%-7% range under its baseline scenario.
Texas Real Estate Research Center – forecast through summer 2027.
Irving Official & Approved Resource Directory
Irving, Texas FAQ
How many people live in Irving, Texas?
The U.S. Census Bureau estimated Irving at 257,076 residents on July 1, 2025.
How diverse is Irving?
The 2020-2024 ACS estimates 42.5% of Irving residents are foreign-born and 61.8% of people age 5+ speak a language other than English at home.
What is the Irving median home price in 2026?
Realtor.com reports a September 2026 median sold price of $393,906. Redfin reports a rolling three-month median sale price of $389,814 through September. The two sources use different methodologies.
How many homes sold in Irving in September 2026?
Redfin reports 307 Irving homes sold in September 2026.
How many homes sold in Irving this year?
Public portals do not expose a clean, consistent Jan. 1-through-Sept. 30 city total under the same methodology. Agents should use NTREIS for an exact year-to-date closed-sales count.
Is Irving a buyer’s market?
Realtor.com characterizes Irving as a buyer’s market in September 2026, with 597 active listings and 57 median days on market. Redfin rates the city somewhat competitive.
What is Las Colinas?
Las Colinas is a 12,000-acre master-planned community in Irving with corporate offices, residences, hotels, Lake Carolyn, Mandalay Canals, the Irving Convention Center and Toyota Music Factory.
What are the Mustangs of Las Colinas?
The Mustangs of Las Colinas are nine bronze mustang sculptures installed at Williams Square Plaza in 1984. Visit Irving describes the installation as the world’s largest equestrian sculpture.
How important is tourism to Irving?
Visit Irving represents a hospitality economy of more than $3.4 billion per year and says Irving welcomes more than four million visitors annually.
What is Irving’s city property-tax rate?
Irving’s FY 2026-27 budget maintains a municipal tax rate of $0.5891 per $100 of valuation.
Does Irving have Public Improvement District assessments?
Yes in certain areas. Bridges of Las Colinas is a 122-acre PID/TIF area with annual assessments used to help finance infrastructure including bridges, water, sewer, parks and trails.
What major corporate development is new in Irving?
Wells Fargo opened a new 22-acre Las Colinas campus in 2025 designed to accommodate about 3,000 employees, with transit access and extensive sustainability systems.
What could happen at the former Texas Stadium site?
The City identifies more than 400 acres around Irving’s eastern gateway as a major mixed-use development opportunity. Zoning exists for the former stadium area, but future construction should be verified project by project.
What is happening in Irving’s Heritage District?
The City is completing a neighborhood plan for roughly 1,036 acres and 7,600 residents, including future land-use and form-based-code discussions.
Does Irving have rail transit?
Yes. DART’s Orange Line serves Irving and DFW Airport, while Trinity Railway Express serves Downtown and West Irving. The City also launched Irving Connector local routes in 2026.
What is Irving ISD’s 2026 accountability rating?
TEA’s 2026 data lists Irving ISD with an overall C rating and score of 78. Individual campuses vary substantially.
How much park and trail space does Irving have?
Irving maintains more than 90 parks and more than 2,000 acres of parkland. The City also highlights more than 33 miles of trails, including the expanding Campion Trail system.
What should buyers compare between Las Colinas and South Irving?
Compare housing type, HOA or condo costs, age, price tier, school assignment, transit access, commute, PID assessments and renovation needs. The two areas function as very different real-estate submarkets.
Guide disclaimer: This guide is for general informational and marketing purposes and is not legal, tax, lending, appraisal, inspection or investment advice. Housing portals use different methodologies and time windows. Development plans and state law implementation can change. Verify taxes, PID assessments, school assignments, zoning, floodplain, HOA/condo obligations, transit impacts and project status for the specific property and decision date. Fair-housing laws apply to real-estate marketing and client guidance.
