Is it worth it? Only you can decide this based on many factors....where you will work, if schools are important, how much you want to spend, finish outs, etc.
One concern in Valley Ranch is that there are 10,000 apartments planned for the area around the lake and old power plant. That will create a lot of traffic.
There are alternatives. I live and work in the area, so know it well. You can check out some of ones currently on the market at this link:
Valley Ranch is a really good area for ownership and investment. There are very few foreclosures in Valley Ranch and even slightly discounted properties get snatched up very quickly. This is why new construction is priced at a premium. If you are looking for a townhome, specifically, you can find others in pretty much all of the areas that you mentioned.
The best way to approach this situation is to have one of the fine Realtors here on Trulia to send you a list of properties that fit your criteria in each of these areas so you can compare for yourself. This is simple to do and doesn't cost you a dime. When the time is right for you to visit town, we can go look at the properties that you like. The results of the search will provide the most current status, details and photos so you can shop from your desk.
Let me know if I can be of assistance. I specialize in the areas that you mentioned.
Brent Rice, Trulia Top Recommended Broker (Pro & VIP)
The Rice Group, Inc.
Wow! That's a broad question. Let me just say that Texas in general is a much different real estate market than California. (My in-laws live in Sacramento and we were there when gas prices skyrocketed in October.)
This area is very desirable and the Coppell school district has maintained a very strong rating among Texas schools. The Dallas/Fort Worth area was one of the first to 'officially' come out of the recession but things here never reached the depths of other states during the past 5 years.
The building has resumed in this immediate area. The Dallas Morning news just reported new home starts were up 50% in the 4th quarter in DFW.
There are several new home developments to consider, but you should consider working with a Realtor as you do your search, especially BEFORE you actively begin seeing homes. It doesn't cost you anything, but the advice and assistance you receive is valuable.
If you would like to talk, please call me at 972-402-4158.
Sincerely, Rob Johnson
RE/MAX DFW Associates