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Coldwell Banker Global Luxury
Michelle Sanchez
COLDWELL BANKER GLOBAL LUXURY

Coldwell Banker Realty
550 Reserve St Ste 490
Southlake, TX 76092

(940) 273-4848

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Market Report

DFW New Construction 2026: Builder Rankings

By Michelle Sanchez · Coldwell Banker Global Luxury
Published May 6, 2026·9 min read
DFW new construction luxury home builder 2026

Quick answer: Five luxury builders dominate DFW new construction in 2026: Highland Homes (best overall value, $600K to $1.4M), Drees Custom Homes (highest design flexibility, $800K to $2M), Toll Brothers (national brand, $700K to $1.6M), Coventry Homes (best in $500K to $850K), and Trophy Signature (newer DFW entrant, $750K to $1.5M). The single most important negotiation lever in 2026 is not price. It is builder-paid closing costs and interest rate buydown, which are worth 1.5% to 3% of contract value when builders are inventory-heavy.

Which builder is best in DFW 2026?

BuilderPrice rangeStrengthWatch out for
Highland Homes$600K to $1.4MReliable quality, strong floor plans, good resaleLimited customization on standard plans
Drees Custom$800K to $2MTrue customization, high-end finishes15% to 20% premium over Highland for same sqft
Toll Brothers$700K to $1.6MBrand recognition, consistent national specsSpec inventory varies by community
Coventry Homes$500K to $850KBest value in entry-luxury, strong warrantyLess prestige at resale than Highland
Trophy Signature$750K to $1.5MModern design, strong custom optionsYounger company, fewer resales to benchmark
Britton Homes$550K to $900KSolid mid-tier, strong DFW track recordConservative design
Grand Homes$650K to $1.2MTexas-based, custom feel at production pricingInconsistent quality across communities

Where are these builders actively building in 2026?

Celina (Light Farms, Mustang Lakes): Highland, Coventry, Britton, Bloomfield. Entry from $475K.

Prosper (Windsong Ranch, Star Trail): Highland, Drees, Toll Brothers, Coventry. Entry from $650K.

Frisco (Phillips Creek Ranch, Newman Village): Highland, Drees, Toll Brothers, Trophy Signature. Entry from $700K.

Argyle and Flower Mound (Canyon Falls, Harvest): Highland, Drees, Coventry. Entry from $550K to $650K.

Aubrey (Sandbrock Ranch): Coventry, Britton, Highland. Entry from $450K.

For Southlake and Westlake, new construction is almost entirely custom builders on individual lots, not master-planned production. Expect $1.5M to $5M.

What to negotiate at contract in 2026

Builders are sitting on slightly elevated inventory in 2026 vs 2024 peak. Negotiation leverage exists. The five most-winnable concessions in order:

  1. Builder-paid closing costs. Builders will commonly pay 2% to 3% of purchase price at closing, particularly on inventory homes. On a $900K purchase, that is $18K to $27K.
  2. Permanent rate buydown. Often funded by closing-cost credits. Worth 0.25% to 0.50% on the mortgage rate.
  3. Free or discounted upgrades. Hardwood throughout, upgraded countertops, expanded outdoor patios. Builders pad upgrade pricing 30% to 100%, so credits here are easier to give than price reductions.
  4. Free landscaping or fence upgrades. Small items but builders routinely give them.
  5. Price reduction. Hardest concession. Builders protect contract price because it sets comps for the rest of the neighborhood. Expect 1% to 2% on standing inventory, rarely on dirt sales.

What questions to ask the builder before signing?

Six sharp ones. What is your warranty structure? One-year workmanship, two-year systems, ten-year structural is the Texas standard. Can I bring my own inspector at framing AND final walkthrough? Required answer is yes. What is your change-order policy? Some builders allow zero changes once dirt is dug. What is the typical timeline? 8 to 12 months for production homes in 2026; 14 to 18 for custom Drees. What happens if you miss the closing date? Per-diem penalties should be written into the contract. Which lenders do you preferred-partner with, and what is the buydown structure? Often the best mortgage deal is through the builder's preferred lender, but always shop two outside lenders to confirm.

Should I buy new construction or resale in 2026?

New construction wins on: warranty coverage, modern energy efficiency, no deferred maintenance, builder concessions on closing costs and rate buydowns. Resale wins on: established neighborhoods, mature landscaping, faster move-in, often better price-per-sqft, and proven HOA function.

For first-time luxury buyers, new construction reduces unknowns. For experienced buyers in established luxury markets (Southlake, Westlake, Flower Mound), resale typically delivers better value because builder premiums on lot premiums and upgrades stack quickly.

The bottom line

Highland Homes is the safe default. Drees if you want true custom. Coventry if you want the strongest entry-luxury value. Trophy Signature if you want modern design and do not mind a younger company. Always negotiate closing costs and rate buydowns. That is where the real concessions live in 2026.

Michelle has represented buyers in 22 new construction deals in the past 36 months across all five top builders. Call (940) 273-4848 for a current inventory list with negotiation leverage analysis. Related: First-Time Luxury Buyer Guide DFW.

Ready to explore these communities in person? Whether you are buying your first luxury home or looking at investment opportunities across DFW, I am here to provide the strategic intelligence you need.

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