Thompson Farms Sold Homes | Van Alstyne, TX Market Report
9 closed sales analyzed | Thompson Farms, Van Alstyne, TX 75495 | Grayson County | Data current through August 12, 2026
Thompson Farms is one of the more established master-planned communities in Van Alstyne, Texas, with active new construction from Highland Homes and DRB Homes alongside a genuine resale market on homes built as early as 2021. Below is a review of 9 closed sales in Thompson Farms pulled from NTREIS/MLS Matrix, covering closings from April through August 2026.
Whether you’re comparing a builder’s incentive package, evaluating a resale home in Phase One or Phase Two, or simply trying to understand what homes in Thompson Farms are actually selling for, this report is meant to give you real numbers instead of guesswork. As a Texas mortgage broker with 27 years of experience and family roots in Van Alstyne dating to 1893, I can also help you compare financing options for any of the property types represented below.
Thompson Farms Market Snapshot
Homes Sold
9 closed sales reviewed, covering April–August 2026 closings.
Sold Price Range
$374,000 – $570,000
Median Sold Price
$450,000
Average Sold Price
Approximately $461,186
Average Price Per Square Foot
Approximately $179.38/sq ft (closed sales price basis)
Bedroom Mix
1 three-bedroom home and 8 four-bedroom homes sold in this period.
Figures above are calculated from the 9 closed transactions detailed in the table below. Averages and medians are illustrative of this specific sample and will shift as new sales close.
Thompson Farms Closed Sales (April–August 2026)
Sales are listed in order of closing date. “Section” reflects the subdivision name as recorded in MLS (Thompson Farms, or a specific platted phase).
| Address | Section | Bed/Bath | SqFt | Built | Sold Price | $/SqFt | Closed |
|---|---|---|---|---|---|---|---|
| 526 Red Barn Drive | Thompson Farms | 4/3 | 2,971 | 2025 | $570,000 | $191.85 | 04/17/2026 |
| 522 Orchard Place | Thompson Farms | 4/3 | 2,211 | 2025 | $396,390 | $179.28 | 04/29/2026 |
| 509 Hummingbird Lane | Thompson Farms | 4/3 | 2,487 | 2025 | $419,890 | $168.83 | 05/28/2026 |
| 518 Hidden Creek Parkway | Phase One | 4/3 | 2,937 | 2022 (resale) | $565,000 | $192.37 | 06/08/2026 |
| 1915 Hillside Court | Thompson Farms | 4/4 | 2,741 | 2021 (resale) | $505,000 | $184.24 | 06/17/2026 |
| 530 Red Barn Drive | Thompson Farms | 4/3 | 2,211 | 2025 | $398,890 | $180.41 | 06/25/2026 |
| 1822 Eagle Landing | Thompson Farms | 3/3 | 2,251 | 2021 (resale) | $374,000 | $166.15 | 07/10/2026 |
| 518 N Eagle Point Road | Thompson Farms | 4/4 | 3,014 | 2021 (resale) | $471,500 | $156.44 | 07/17/2026 |
| 505 Red Barn Drive | Phase Two | 4/3 | 2,309 | 2024 (resale) | $450,000 | $194.89 | 08/06/2026 |
Source: NTREIS / MLS Matrix, pulled August 12, 2026. Information deemed reliable but not guaranteed. Figures reflect closed sales only and do not represent an offer or valuation of any specific property.
About Thompson Farms
Thompson Farms is zoned to Van Alstyne ISD, with elementary students attending Bob and Lola Sanford Elementary and continuing through Van Alstyne’s junior high, intermediate, and high school campuses. HOA dues in this sample were mostly $600 annually, with two listings recorded at $630 and $660 annually — likely reflecting different phases or dues increases over time, so the exact figure should be confirmed for a specific address. The community spans multiple platted phases (Phase One, Phase Two, and the main Thompson Farms plat) along Red Barn Drive, Hummingbird Lane, Orchard Place, Hidden Creek Parkway, and Eagle Landing/Eagle Point Road.
Builders Active in Thompson Farms
DRB Homes
The most frequent new-construction builder in this sample, with 3 closed sales ranging from $396,390 to $419,890 on 2,211–2,487 square foot floor plans.
Highland Homes
Represented in this sample by one completed new-construction sale at 526 Red Barn Drive — the top sale in the dataset at $570,000, on a 2,971 square foot plan.
Resale Homes
5 of the 9 closed sales in this sample — more than half — were resale transactions on homes originally built between 2021 and 2024. That’s a meaningfully more mature secondary market than a brand-new community, and an important reminder that Thompson Farms buyers have real resale inventory to consider alongside active new construction.
How These Thompson Farms Buyers Financed Their Homes
Buyer financing across this sample included 6 conventional loans, 2 VA loans, and 1 FHA loan — a mix consistent with a community that has both builder-affiliated new construction and an active resale market bringing in buyers with their own outside preapprovals.
New Construction Financing
If you’re considering a DRB Homes or Highland Homes property in Thompson Farms, I can review the builder’s preferred-lender proposal against outside financing so you can compare rate, points, fees, and any builder incentive on an apples-to-apples basis.
Resale Purchase Financing
Conventional, FHA, and VA programs are all commonly used for resale purchases in Thompson Farms, subject to standard credit, income, and property qualification requirements.
Refinancing an Existing Thompson Farms Home
Homeowners who purchased in Thompson Farms’ earlier phases (2021–2022) may also want to review whether a rate-and-term or cash-out refinance makes sense given today’s rate environment and the home’s current equity position.
Buying in Thompson Farms?
Get Pre-Approved Before You Tour
Whether you’re comparing a builder incentive or a resale listing in Phase One or Phase Two, I can structure the right loan for your situation and typically have a pre-approval back to you within 24 hours.
Why Work with a Local, Independent Mortgage Broker
As an independent mortgage broker with 27 years of experience and family roots in Van Alstyne dating back to 1893, I track sold data in communities like Thompson Farms so buyers and homeowners have real numbers to work from — not just a builder’s asking price or a generic online estimate. I can help you evaluate a specific Thompson Farms listing, compare a builder incentive against outside financing, or plan a purchase or refinance around where this market is actually trending.
Frequently Asked Questions About Thompson Farms Home Sales
What is the median sold price in Thompson Farms right now?
Based on the 9 closed sales reviewed here (April–August 2026), the median sold price was $450,000, with a range from $374,000 to $570,000 depending on floor plan, phase, and whether the home was new construction or resale.
Is Thompson Farms all new construction?
No. While DRB Homes and Highland Homes are actively building in Thompson Farms, 5 of the 9 closed sales in this sample were resale homes originally built between 2021 and 2024.
Can I use a VA or FHA loan in Thompson Farms?
Yes. Buyer financing in this sample included 2 VA loans and 1 FHA loan alongside 6 conventional purchases, subject to standard program eligibility and property requirements.
What are typical HOA dues in Thompson Farms?
Mandatory HOA dues in this sample were mostly $600 annually, with a couple of listings recorded at $630 and $660 annually. Exact dues vary by phase and should be confirmed for the specific property.
Should I compare the builder’s lender to an outside mortgage broker?
Yes. Builder-sold homes in this sample may have closed with incentives tied to using the builder’s preferred lender. Comparing that full proposal — rate, points, fees, and credits — against outside financing is the only way to know which option is actually less expensive.
Buying or Refinancing in Thompson Farms?
Whether you’re comparing a builder incentive, purchasing a resale home in Phase One or Phase Two, or refinancing an existing Thompson Farms property, I would be glad to walk through your numbers and financing options.
Sources and Important Information
Sold-home data: NTREIS / MLS Matrix, prepared August 12, 2026. Information deemed reliable but not guaranteed.
School district information: Van Alstyne Independent School District.