Third DFW Commercial Airport Gets Funding – What It Means for McKinney & North Texas Real Estate

New Airport, New Opportunities – What DFW Homebuyers and Sellers Need to Know

The Dallas-Fort Worth Metroplex is one step closer to getting its third major commercial airport, with McKinney National Airport securing $52.4 million in funding to prepare for passenger service. This development could be a game-changer for North Texas real estate, bringing new opportunities for homebuyers, sellers, investors, and developers.

For homebuyers, sellers, and investors, understanding how this new airport will influence property values, demand, and neighborhood growth is crucial. In this article, we’ll explore what this development means for DFW real estate and why now is the perfect time to capitalize on emerging opportunities.

Why DFW is Getting a Third Airport

DFW International Airport and Dallas Love Field have long served the region, but with North Texas’s rapid population growth, a third airport has become a necessity. The Mckinney Airport, planned near Mckinney, will ease congestion, support cargo operations, and provide another travel hub for residents.

Key Updates on McKinney National Airport Expansion

• $52.4 million in funding approved for airport upgrades
• 45,000-square-foot passenger terminal with 3-5 gates (expandable)
• Extended runway (7,502 ft → 8,002 ft) to accommodate larger jets
• New parking, deicing pads, fuel tanks, and customs facility
• Target completion: July 2026, with flights starting late 2026
• One airline already in talks (likely a low-cost carrier operating Boeing 737s)

This expansion aligns with DFW’s reputation as a booming economic and logistical hub, attracting businesses and residents alike.

Infrastructure growth doesn’t just connect cities—it transforms communities and creates new real estate opportunities.

How This Impacts DFW Real Estate

A new commercial airport doesn’t just mean easier travel—it drives economic growth, job creation, and housing demand. Here’s what buyers, sellers, and investors should watch for:

1. Rising Home Values in McKinney & Surrounding Areas

• Proximity to airports boosts property demand (as seen near DFW and Love Field).
• McKinney, Prosper, Celina, Anna, and Melissa could see accelerated appreciation.
• New businesses & amenities will follow, making these areas even more desirable.

2. Surge in Commercial & Rental Investments

• Short-term rentals (Airbnb/Vrbo) near the airport may see higher occupancy.
• Multifamily & build-to-rent communities will likely expand to serve airport workers.
• Retail, hotels, and offices will follow the growth, creating new investment hotspots.

3. More Relocations to North Dallas Suburbs

• Easier travel access makes McKinney & Collin County more appealing to corporate transfers and remote workers.
• Lower congestion compared to DFW/Love Field could attract frequent flyers.

4. Long-Term Development Opportunities

• Land investors should watch for rezoning near the airport.
• Builders & developers may focus on mixed-use projects catering to travelers and employees.

What’s Next?

If the airport succeeds, McKinney could become the next Frisco—a fast-growing hub with strong real estate demand. Buyers & investors should act early to capitalize on pre-construction opportunities.

Ready to explore DFW’s hottest real estate opportunities? Contact me today to find the perfect property before the market shifts!

Want to stay ahead of North Texas real estate trends? By staying ahead of this development, you can make informed decisions and secure the best deals in one of America’s fastest-growing regions.