City of Buckingham
While most of the Buckingham community was incorporated in the 1950s, it was still an independent city until it was annexed by the neighboring city of Richardson in 1996. The neighborhood has seen its fair share of controversy, as residents were concerned about the commercial zoning of the town. In the mid-1990s, developers attempted to turn Buckingham into a thriving, mixed-use, and upscale neighborhood. However, the plan failed due to a lack of funding.
The Buckingham area was once a 159-acre town, surrounded by the nearby city of Richardson. In the 1970s and 1980s, real estate speculators purchased most of the property. The mid-1990s saw development in the area, including apartment buildings, strip malls, and a supermarket. However, the real estate market in Buckingham began to decline in the late 1980s. In 1990, Buckingham had 102 residents. In the ensuing years, the neighborhood grew exponentially as people relocated to the Dallas area. Find more content about us.
A slew of developers, including C.W. Kendall III, attempted to turn Buckingham into an upscale neighborhood with upscale apartment buildings. However, the company that developed the Buckingham apartment complexes went bankrupt. A few years later, the area was rezoned to be more commercially viable, and the neighborhood began to prosper.
The Buckingham area was once surrounded by the Richardson Independent School District. Today, most residents drive private vehicles, as the neighborhood is located only about 15 minutes from downtown Dallas. Most of the residents have an Asian or Sub-Saharan African ancestry. The neighborhood has a high rate of clerical, assistant, and professional occupations, as well as manufacturing occupations. The neighborhood also boasts a higher proportion of high-rise apartment buildings than other neighborhoods in the Dallas area.
The Buckingham neighborhood has the shortest commute in the country. Residents are also able to easily access shopping, entertainment, and other services in the surrounding cities.
Almost all of the neighborhood’s real estate is renter occupied, with a median real estate price of $442,787. However, demand for Buckingham real estate is higher than the national average, meaning price increases are likely. The neighborhood has more than a few high-rise apartments, but the neighborhood is still predominantly made up of single-family homes. A small number of Buckingham homes are occupied by retirees, as many are still owned by people who grew up in the area.
The Buckingham area has a state antiquities landmark: the Alamo Cenotaph, a memorial to the state’s Alamo Heroes. The Cenotaph is also one of the more popular places to visit in the state. Find a little area here.