Texas Instruments' ongoing Richardson campus expansion, two operating 300mm fabs and a third planned, adds high-skill jobs gradually over several years, making it a supportive tailwind for local property values rather than an overnight price spike. Richardson's 2026 median sits near $462,000, with modest year-over-year softness that reflects the broader DFW market, not a weakening of TI's long-term impact.
How is Texas Instruments' expansion affecting Richardson property values in 2026?
Texas Instruments' Richardson campus now operates two 300mm wafer fabs, with a third planned, and the company has projected several hundred additional jobs tied to future construction. As of August 2026, the most recent data shows a Richardson median sale price of $462,000, down a modest 1.6% year-over-year, while the broader DFW metro posts slight positive appreciation. TI's expansion is best read as a steady, multi-year demand driver for Richardson housing, a meaningful tailwind, not a sudden price shock.
What TI Is Actually Building in Richardson (and Why the Timeline Matters)
If you've been watching the Richardson market, you've probably heard the Texas Instruments expansion mentioned in the same breath as rising property values. Here's what's actually on the ground.
TI's Richardson campus already operates two 300mm analog wafer fabrication plants. RFAB1 opened in 2009 as the world's first 300mm analog fab. RFAB2 completed construction in 2022 and began initial production in September 2022, physically connected to RFAB1. Together, the two facilities cover more than 630,000 square feet of cleanroom space and are capable of producing more than 100 million analog chips per day when fully ramped.
Then in 2025, TI announced it had selected Richardson as the site of its next 300mm analog wafer fab on the existing campus. The company confirmed that "several hundred jobs" are expected to support the new factory, with construction and hiring timelines tied to market demand. A new parking garage was also announced to accommodate a growing employee count.
That last detail is important for buyers and sellers: this third fab and its associated jobs are planned, not yet complete. The hiring ramp is staggered over multiple years, not front-loaded. That's actually useful information, it means the housing market has time to absorb this demand incrementally rather than in one jolt.
Zooming out, TI has publicly committed to more than $60 billion in U.S. manufacturing investment across Texas and Utah, with North Texas as a central node. This isn't a short-lived boom, it's a multi-decade infrastructure bet that keeps high-skill engineering and manufacturing employment anchored in this region for years to come.
The Telecom Corridor Connection
TI's Richardson campus sits squarely in the Telecom Corridor, a stretch of US-75 that has long attracted tech and engineering employers. Neighborhoods in north and east Richardson, along with adjacent pockets of North Dallas and far Plano, are already the natural landing zones for TI employees. That concentration of tech employment is a structural feature of this market, TI is deepening it, not creating it from scratch.
If you're relocating for a role at TI or another Telecom Corridor employer, my guide on relocating to Richardson's Telecom Corridor covers the neighborhood dynamics in detail.
What the 2026 Numbers Say About Richardson's Housing Market
Here's where I want to be honest with you about what the data actually shows, because the headline "TI expansion" can create expectations the current market doesn't fully support yet.
According to Redfin's Richardson housing market data, the median sale price over the three months ending June 2026 was $462,000, reflecting a 1.6% year-over-year dip. That's not a collapse, it's a modest softening consistent with what the broader DFW metro has experienced.
For context on the wider market: DFW single-family data through mid-2026 shows a metro median around $415,000 (up 2.2% year-over-year on one dataset) or approximately $395,000 (up 2.6% on another), depending on methodology. Earlier in 2026, a weekly DFW housing analysis from January 2026 placed the MLS-wide median at $350,000, down 2.8% from January 2025, with the Dallas Case-Shiller Index essentially flat year-over-year and still 4.5% below its June 2022 peak.
The picture that emerges: Richardson trades at a premium to the broader DFW metro, but it's not immune to the regional cooldown. Small year-over-year price dips in 2026 are a DFW-wide story, not a Richardson-specific problem.
Market | Median Price (2026) | Year-Over-Year Change | Data Period |
|---|---|---|---|
Richardson | $462,000 | -1.6% | 3 months ending June 2026 (Redfin) |
DFW Metro (Homes.com dataset) | ~$415,000 | +2.2% | May 2026 |
DFW Metro (iBuyer dataset) | ~$395,000 | +2.6% | Mid-2026 |
DFW MLS-wide | $350,000 | -2.8% | January 2026 |
Richardson's premium over the DFW median is real and has been consistent. That premium is partly a product of exactly the kind of employer anchor that TI represents. But it also means buyers need to go in clear-eyed about current price levels and not assume TI's expansion alone will push values dramatically higher in the near term.
What This Means If You're a Buyer Near the TI Campus
Proximity to a major, long-lived employer like TI does two things for a home purchase: it supports resale liquidity over time, and it can sustain rental demand if your plans change. That's a genuine long-term advantage.
What it doesn't do is eliminate normal market risks, interest-rate volatility, cyclical softening, and condition-related pricing still apply. Every buyer I work with near the Telecom Corridor gets the same honest framing: the employer base here is one of the strongest in DFW, and that matters for long-term value. But it's not a substitute for buying at the right price for the specific home.
If you're relocating to take a role at TI, the Texas option period is one of the most useful tools available to you, it gives you a defined window after going under contract to complete inspections and negotiate or walk away. Worth understanding before you make an offer.
What This Means If You're a Seller in Richardson
TI's expansion is a legitimate part of your home's story when you're listing. A stable, growing employer base, a planned third fab, and several hundred jobs in the pipeline are all things that support buyer confidence in the area's long-term trajectory.
But pricing still has to be grounded in recent comparable sales, not in projected future demand. The 2026 data shows slight year-over-year softness, which means a seller who prices aggressively based on TI hype rather than current comps will sit on the market. The buyers who are looking near the TI campus are typically well-informed tech and engineering professionals who will notice an overpriced listing immediately.
Your specific pricing strategy depends on your home's condition, location relative to the campus, and what comparable homes have actually sold for in the past 90 days. That's a conversation worth having before you set a number.
The Investor Angle: Rentals Near a 300mm Fab Campus
For investors, the TI campus creates a consistent pipeline of high-skill renters, engineers, technicians, and support staff who may be on multi-year assignments or relocating before they're ready to buy. Richardson's median purchase price near $462,000 shapes the investor calculus toward quality mid-to-upper-tier rentals: single-family homes, townhomes, and newer multifamily near employment and transit.
Because TI's investment is framed around multi-decade semiconductor demand, the employment anchor here isn't going away. That's a different risk profile than investing near a single-cycle employer. The $60 billion U.S. manufacturing commitment TI has publicly outlined makes Richardson's Telecom Corridor one of the more durable employment zones in the entire DFW metro.
If you're thinking about the investor side of this, the North Dallas luxury market trends post covers how the broader North Dallas corridor is performing for higher-end acquisitions.
The only way to know whether a specific property pencils out as a rental near the TI campus is to run the actual numbers with someone who knows this submarket. That's exactly the kind of analysis I do before recommending a purchase to any investor client.
If you've found this breakdown useful, I'd love for you to read what other clients have said, you can find my reviews on Google.
Frequently Asked Questions
How will TI's new wafer fab affect home prices near the Richardson campus?
The planned third fab and its "several hundred" associated jobs will add to housing demand gradually, as TI's own announcement ties construction and hiring to market demand over multiple years. In a metro the size of DFW, that level of job growth creates neighborhood-level pressure near the campus rather than a metro-wide price surge. Expect steady, incremental support for values in north and east Richardson, North Dallas, and adjacent Plano rather than a sudden spike.
Is now a good time to buy in Richardson if I'm taking a job at Texas Instruments?
The most recent data, covering the three months ending June 2026, shows a Richardson median of $462,000 with a modest 1.6% year-over-year dip, meaning buyers have more negotiating room today than they did at the 2022 peak. Buying near a long-lived employer like TI does support long-term resale and rental viability, but timing and pricing still depend on your specific situation, financing, and how long you plan to stay. A local market analysis will give you a much clearer picture than any general rule of thumb.
How many jobs is TI expected to add in Richardson, and what does that mean for housing demand?
TI's 2025 announcement confirmed "several hundred jobs" tied to the planned third Richardson fab, with timing dependent on market demand and construction progress. That's a meaningful addition to an already large TI workforce in the Telecom Corridor, but in a metro with millions of workers, the impact is concentrated: expect tighter competition for homes within a reasonable commute of the campus, particularly in Richardson, North Dallas, and Plano, rather than broad DFW-wide price movement.
Are Richardson homes still appreciating in 2026, or have prices leveled off?
The most recent data shows a slight year-over-year dip of about 1.6% through June 2026, which mirrors a broader DFW pattern of post-peak stabilization rather than a Richardson-specific decline. The Dallas Case-Shiller Index was essentially flat year-over-year as of January 2026 and remained below its June 2022 peak. Richardson still commands a premium over the DFW median, and long-term fundamentals, including TI's campus, remain intact.
As a seller in Richardson, should I factor in the TI expansion when pricing my home?
TI's expansion is a legitimate part of your home's value story, a stable, growing employer base supports buyer confidence in the area. But pricing must be anchored in recent comparable sales from 2026, not in projected future demand. The buyers most likely to purchase near the TI campus are typically well-informed professionals who will compare your home carefully against current comps. I'd recommend a current market analysis before you settle on a list price.
The Bottom Line
Texas Instruments' Richardson expansion is a genuine, long-term asset for this market. Two operating fabs, a third planned, and a $60 billion national manufacturing commitment don't happen in markets without staying power. But "long-term tailwind" and "instant price spike" are very different things, and the 2026 data reflects a market that's absorbing this news steadily, not explosively.
Whether you're buying near the TI campus, selling in Richardson, or evaluating a rental investment in the Telecom Corridor, the right move is to work with someone who knows how this market actually behaves at the street level. Reach out to me directly and let's talk through what TI's expansion means for your specific situation.
Equal Housing Opportunity. Jessica Cazares is a licensed Texas REALTOR®; Designated Broker of Firm: Karen Richards, eXp Realty. Licensed and regulated by the Texas Real Estate Commission (TREC), Texas Real Estate Commission Consumer Protection Notice; Information About Brokerage Services. This article is general market information only and does not constitute legal, tax, or financial advice. Confirm your own numbers with your closing agent, tax advisor, or lender.
