Ridgecrest · First-Time Buyers
A first home in Ridgecrest, with room to grow
Every step explained before you get to it, from pre-approval to closing day.
First-time buyers in Ridgecrest
First-time buyers in Ridgecrest are usually skipping the starter-home stage and buying a home they can grow into. These are mostly two-story brick homes, built 2004 to 2011, often with an office, a game room and a media room, in a neighborhood that's already finished.
What I'll walk you through
Your real budget, starting with pre-approval and what you want to spend each month. The Buyers Representation Document and state-required disclosures. Earnest money, typically about 1% of the price, and the option fee, usually around $150 to $200, both held by the title company. Then the option period, inspection, repairs, appraisal and closing at the title company. See first-time buyers.
Worth knowing
Ridgecrest is zoned to McClure Elementary, Cockrill Middle School and McKinney North High School. A larger home is a larger payment, so we'll make sure the monthly number works. If you want a lower entry price, compare Craig Ranch condos and townhomes.
Next step
Ask me anything or call (469) 693-3839. More on Ridgecrest homes, or go back home.
Frequently Asked Questions
Is Ridgecrest a starter-home neighborhood?
Not usually. Most homes are larger two-story brick homes with offices and media rooms.
How much is earnest money?
Typically about 1% of the sales price, held by the title company.
What's the option period?
Usually 7 to 10 days after acceptance, when the inspection and repair negotiations happen.
Ridgecrest
What first-time buyers looks like in Ridgecrest
Mostly two-story brick homes built 2004 to 2011, with offices, game rooms and media rooms, near US 380.
- The homes
- Traditional North Texas style, mostly two-story brick, built 2004 to 2011 by builders including Highland and Drees. Most homes have an office, a game room and a media room. The land has some roll to it rather than being flat, and the homes all have front-entry garages.
- Why people choose it
- Usually move-up buyers who want a home that is newer but not brand new, in a neighborhood that is already established. Amenities include a community pool, playground, greenbelts, a dog park and a large green space for games and social events. The social committee is active, with lots going on around the holidays.
- Schools
- McKinney ISD: McClure Elementary, Cockrill Middle School and McKinney North High School.
- Getting around
- Close to Highway 380 for easy access.
- Nearby
- Many restaurants and entertainment options close by.
- The trade-off
- Buying in Ridgecrest means giving up new construction and builder incentives, and the homes are not as energy efficient as new builds.
First-Time Buyers: keep exploring
Ready to make your move with Terri Egstad Real Estate?