New Construction And Investment Potential In Viridian

If you are eyeing Viridian for new construction or investment potential, timing matters more now than it did a few years ago. This community is no longer in wide-open growth mode, and that changes how you should think about pricing, inventory, and long-term opportunity. In this guide, you will get a clear look at what is still being built, where the investment angles are stronger or weaker, and how to evaluate Viridian with confidence. Let’s dive in.

Viridian is in its final new-build phase

Viridian is effectively in its final buildout stage. According to the community’s official updates, the remaining new homes are concentrated in Elements at Viridian, the 55+ active adult section, while The Island is already sold out. A 2025 update also noted that 272 homesites were released to David Weekley Homes and Drees Custom Homes, with final sales estimated through 2028.

That matters because the new-construction story in Viridian today is less about broad choice and more about limited remaining inventory. If you are shopping here, you are not entering a brand-new master-planned community at the front end. You are evaluating a late-phase neighborhood with a defined builder mix, established amenities, and a more limited path to buy new.

Current builders and price points

The remaining builder lineup is fairly focused. Current official pricing shows:

  • Lennar Elements from the $418s on 35-foot homesites
  • David Weekley Homes from the $466s on 35-foot homesites
  • David Weekley Homes from the $508s on 45-foot homesites
  • David Weekley Homes from the $566s on 50-foot homesites
  • Drees Custom Homes from the $718s on 60-foot homesites

This mix points to a more production-oriented final phase rather than a wide-open custom-lot environment. Many of the remaining homes also lean toward low-maintenance living, with official community materials highlighting single-story plans, open-concept layouts, and front-yard care included in certain sections.

What the timeline may look like

If you want a new home in Viridian, your timeline will likely fall into one of two paths. You may find a quick move-in home, or you may choose a homesite and wait through a build cycle.

Builder guidance suggests that many new homes take several months to complete. David Weekley notes that most new homes take several months from start to finish, and Lennar says a brand-new home can be ready in as little as six months. In practical terms, you should plan for either near-term inventory or a several-month window depending on the home and builder.

Why Viridian commands premium pricing

Viridian sits at the premium end of the Arlington market. Redfin reported a median sale price of $520,000 in March 2026, while Realtor.com showed a median listing price of $537,000, with 140 homes for sale, 45 rentals, and a median of 47 days on market.

Compared with nearby Arlington areas, Viridian stands noticeably higher. North Arlington had a median of $432,500, Southwest Arlington $370,000, West Arlington $330,000, Town North $264,000, and East Arlington $267,000. By simple comparison, Viridian is about 20% above North Arlington, 41% above Southwest Arlington, and 58% above West Arlington.

That price gap tells you something important. Buyers are paying a premium for the community format, amenities, and location, not just for the house itself.

What supports Viridian’s value

Viridian’s value story is tied to scale and lifestyle features that are already in place. The official community description highlights a 2,000-acre master plan, five major lakes, a Certified Gold Signature Sanctuary designation, and a location roughly 20 minutes from both downtown Dallas and downtown Fort Worth.

Resident amenities also add to the appeal. Official materials highlight Lake Club pools, pickleball, tennis, sailing, trails, and other shared amenities. For buyers thinking ahead to resale, those features can help keep Viridian relevant even as the neighborhood approaches full buildout.

The community is also zoned to Viridian Elementary, Harwood Junior High, and Trinity High in HEB ISD, with an Arlington ISD option noted by the developer. For many buyers, having clearly defined school zoning and an established community identity can support long-term interest in the neighborhood.

Investment potential depends on your strategy

Viridian can still be interesting for investors, but only if your strategy matches the reality of the community today. This is not a one-size-fits-all investment market.

If you are looking for a straightforward small investor rental play using current new construction, you need to be careful. The remaining new-build product is centered in Elements at Viridian, and that section is age-restricted. According to the official FAQ, the permanent resident must be at least 55 and a co-occupant must be at least 30.

That age restriction limits flexibility for a typical all-ages rental model. So while the word “new construction” may sound attractive from an investment angle, the actual buyer pool and occupancy rules matter a lot here.

Viridian’s rental market is active

Viridian does have a rental submarket. The official rental page points shoppers to detached rental homes at Tricon Viridian and townhomes at Legacy Park, both with access to community amenities.

Tricon’s community page says its homes are professionally managed and include three- and four-bedroom floor plans, fenced backyards, and two-car garages. In July 2025, Tricon announced the opening of a 46-home build-to-rent community in Viridian. Realtor.com also showed a median monthly rental price of $3,049 in ZIP code 76005, along with 45 rentals in Viridian.

The takeaway is that rental demand exists, but much of the visible rental product appears professionally managed rather than driven by scattered small investors. If you are an investor, that does not remove opportunity, but it does mean you should look closely at competition, operating costs, and property type before assuming easy cash flow.

HOA costs can change the math

One of the biggest factors in Viridian investment analysis is carrying cost. The official 2025 combined tax rate for Viridian residents is $2.63738 per $100 of assessed valuation.

HOA costs also vary by property type:

  • Single-family homes: $345 per quarter
  • Townhomes: $345 per quarter plus a $900 per quarter service-area assessment
  • Elements at Viridian: $345 per quarter master assessment plus a $696 per quarter Elements assessment, for a total of $1,041 per quarter

Those numbers matter whether you are buying as an owner-occupant or as an investor. In Elements, the HOA structure may help support lower-maintenance living because the association maintains original landscaping, but it also creates a meaningful recurring cost that has to be part of your budget and return calculations.

Exterior rules are tighter than average

Viridian also has more structured exterior and marketing controls than many Arlington subdivisions. According to the REALTOR packet, signs must comply with design guidelines, no signs are allowed on medians or common property, and balloons, banners, feather flags, and ribbons are not permitted.

Only one For Sale sign is allowed, and no directional open-house signage is allowed. For sellers, that means presentation and digital marketing become even more important. For investors, it is another reminder that Viridian operates more like a highly controlled master-planned environment than a flexible, lightly governed subdivision.

Who Viridian may fit best right now

Viridian can make sense for several types of buyers, but the fit depends on your goal.

Buyers seeking late-phase new construction

If you want a newer home in an established master-planned community, Viridian still offers that opportunity. You get the benefit of existing amenities, known streetscapes, and a clearer picture of what the community has become.

55+ buyers wanting low-maintenance living

Elements at Viridian may appeal if you want single-story living, open layouts, and included exterior upkeep features. This is one of the clearest current new-construction opportunities in the neighborhood.

Investors focused on resale appeal

If your investment lens is long-term resale rather than simple rental yield, Viridian has some strong fundamentals. Premium pricing, established amenities, rental activity, and a location between Dallas and Fort Worth all support ongoing buyer interest.

Investors seeking flexible rentals

This is where extra caution is needed. Because the current new-build opportunity is largely age-restricted and the community includes meaningful HOA and design controls, Viridian is not the easiest fit for every rental strategy.

Smart questions to ask before you buy

Before you move forward in Viridian, it helps to ask a few focused questions:

  • Are you buying for lifestyle, rental income, resale, or a mix of all three?
  • Does the specific section allow the occupancy flexibility you need?
  • How do HOA dues and the tax rate affect your monthly budget?
  • Are you comfortable paying a premium over other Arlington neighborhoods?
  • Do you prefer quick move-in inventory or a several-month build timeline?

These questions can help you separate excitement from strategy. In a late-phase community like Viridian, clarity matters because the inventory mix is narrower and each section has its own rules and cost structure.

The bottom line on Viridian

Viridian still offers real opportunity, but it is a more specialized opportunity than many buyers expect. The community’s final-phase status, premium pricing, amenity package, and strong location continue to support interest and resale appeal.

At the same time, the current new-construction path is not a broad all-ages blank slate. If you are buying here, especially as an investor, you need to understand the age restrictions, HOA costs, and operating rules before you commit. When you match your goals to the actual product on the ground, Viridian can be a strong buy for the right plan.

If you want help comparing Viridian new construction, resale options, or investment scenarios in this part of DFW, connect with Kevin McDonald II for local guidance tailored to your goals.

FAQs

What new construction is still available in Viridian?

  • The remaining new construction is concentrated in Elements at Viridian, the 55+ section, along with homesites released to David Weekley Homes and Drees Custom Homes in the community’s final sales phase.

Is Viridian a good place to buy an investment property?

  • It can be, but it depends on your strategy because the current new-build product is age-restricted, HOA costs are meaningful, and the rental market includes professionally managed competition.

How much do new homes in Viridian cost?

  • Official builder pricing starts from the $418s with Lennar Elements, from the $466s to $566s with David Weekley depending on homesite size, and from the $718s with Drees Custom Homes.

How does Viridian pricing compare with Arlington?

  • Viridian is priced above many nearby Arlington areas, with a median sale price of $520,000 compared with lower median prices in North, Southwest, West, Town North, and East Arlington.

What are the HOA fees in Viridian?

  • Single-family homes pay $345 per quarter, townhomes pay that amount plus a $900 per quarter service-area assessment, and Elements at Viridian has a combined quarterly assessment of $1,041.

Can you rent out a new home in Elements at Viridian?

  • Because Elements at Viridian is age-restricted, you should review the occupancy rules carefully since the permanent resident must be at least 55 and a co-occupant must be at least 30.

What makes Viridian attractive for resale?

  • Viridian’s resale appeal is supported by its established amenities, five major lakes, large master-planned setting, and location near both downtown Dallas and downtown Fort Worth.
Kevin McDonald

Kevin McDonald

About The Author

A highly established agent known for his unmatched devotion to clients and commitment towards a proactive presence in the community, Kevin success is based on his powerful negotiation style, client-agent relationship, and exclusive network from filled with high net worth leaders.

Kevin utilizes the latest technologies, market research and business strategies to exceed your expectations. More importantly, he listens and that means he find solutions that are tailored to you. Kevin specializes in residential sales, new developments and investors. Kevin extensive knowledge of DFW, along with his ability to put himself in his client's shoes makes him an effective and capable agent. He is adaptive and receptive to his clients and his ability to learn the unique needs of individuals make him one of the most efficient agents in the DFW metroplex.

He was born and raised in Tennessee and earned a BA in Psychology from the University of Tennessee, Knoxville. That enables him to offer clients a thoughtfully considered approach to the often challenging process of finding a new home.

Born and raised in Memphis TN

I moved to Dallas in 2008 during the financial recession and started a career in the field of real estate. Tough times cause for tough agents!

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Real estate has been a family business since I was little. Kevin know’s all the ends and outs.

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Kevin utilizes the latest technologies, market research and business strategies to exceed your expectations. More importantly, he listens and that means he find solutions that are tailored to you.

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