Aubrey Real Estate Information

A modest community in the Dallas suburban area, Aubrey, Texas, sits on just over two square miles in northeastern Denton County, about 40 miles north of Dallas. Like many of the towns in the greater Dallas region, Aubrey has been experiencing tremendous growth patterns in the past decade. Its population was just around 1,500 at the time of the census in 2000; estimates taken in July 2008 showed that the figure had since grown to nearly 2,800, a change in just eight years of more than 85 percent.

Aubrey was originally founded and named Onega in 1881, when the Texas and Pacific Railway built a section house in the community. But later that year, the name Aubrey was chosen from a hat to replace the town's name, as Onega was unpopular among residents. To keep up with the growing population, there have been a growing number of real estate development sprouting up all over town. The value for average residential properties in the community has also risen with the population, from just over $82,000 to more than $116,000, as has its estimated median household income, which in 2007 stood at around $50,000.

The town is served by its own Aubrey Independent School District, which consists of an elementary, intermediate, middle and high school. Though there are none located directly here, there are at least six colleges within a 30-mile radius. The nearest hospital is 11 miles away in Denton and the city is served by the Aubrey Area Library.

The local economy was once based on agriculture, though as the population has grown it has begun to shift away from that. Cotton is a major product produced here, as are cattle, hay, fruits and vegetables. Peanuts were once a large cash crop and today they are celebrated in the town's annual Peanut Festival. There are many horse farms located in and around the community, and Aubrey is just minutes from recreational enjoyment at Lake Ray Roberts or major shopping ventures in Denton, Frisco and Lewisville.