Foreclosures in Kings Ridge, Plano, TX

[kingsridgeresident]

Speaking of schools...many residents can afford private schools, but it's not necessary because we have great schools. We have lots of elementary school kids and absolutely LOVE Tom Hicks Elementary. It's among the top schools in the state with an Exemplary rating according to greatschools website: [url=http://www.greatschools.net/modperl/browse_school/tx/8845]Tom Hicks Elementary School - Frisco, Texas - TX - School overview[/url]

Middle school is Arbor Creek and High School is Hebron (also Exemplary).

[indiomonk]

Kings Ridge is a nice neighborhood which was affected by investors from out of state buying up homes during the peak around 2004 and 2005, they over paid and when their ARMS or no interest financing came due and the property did not appreciate by 50% they walked. This is where the foreclosures came from. As far as foundation issues, the only builder I know of in that neighborhood that had/has issues is Grandhomes and that is only on a certain street. (Autumn wood Trail) I think they graded the street and did not do the foundation properly. The other builders like David Weekly, Sotherby's, TollBrothers, Oakley Custom, and many other custom builders are not having foundation issues. Most homes yards are well kept but you can really tell which houses are investor owned/leased. It looks like most of the investment homes have already gone through foreclosure so when those get out of KingsRidge I think that neighborhood will stabilize.