Greenwood is a charming rural community located in Wise County, Texas. Known for its friendly atmosphere, picturesque landscapes, and proximity to both Fort Worth and smaller Texas towns, Greenwood offers residents a perfect blend of peaceful country living and urban accessibility. This article explores the top residential areas in Greenwood, highlighting their unique characteristics, housing options, amenities, and average prices.
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Greenwood Estates

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Greenwood Estates is a family-friendly neighborhood known for its spacious lots, modern homes, and vibrant community spirit. The area boasts well-maintained streets, parks, and recreational facilities.
Characteristics of the Greenwood Estates
* Culture: Family-oriented with community events and gatherings
* Transportation: Car-dependent with nearby access to highways
* Services: Close to schools, grocery stores, and community centers
* Environment: Safe and welcoming, suitable for families
Housing Options in the Greenwood Estates
Single-family homes, New constructions
Average Home Prices in the Greenwood Estates
* Buying: $250,000 – $350,000
* Renting: $1,200 – $1,800/month
Lower Greenwood

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Lower Greenwood provides a blend of rural charm and modern conveniences. This area is popular among those who appreciate larger properties and a more laid-back lifestyle.
Characteristics of the Lower Greenwood
* Culture: Rural ambiance with a close-knit community feel
* Transportation: Limited public transport, car needed for commuting
* Services: Basic amenities, local markets, and recreational trails
* Environment: Quiet and serene, ideal for those seeking tranquility
Housing Options in the Lower Greenwood
Ranch-style homes, Large plots with personal gardens
Average Home Prices in the Lower Greenwood
* Buying: $230,000 – $320,000
* Renting: $1,100 – $1,600/month
Greenwood Hills

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Greenwood Hills is an upscale neighborhood characterized by picturesque views and high-end properties. This area is perfect for those seeking luxury living amidst nature.
Characteristics of the Greenwood Hills
* Culture: Affluent community with emphasis on outdoor lifestyle
* Transportation: Private vehicles preferred, but close to major highways
* Services: Upscale shopping centers, fine dining, and country clubs
* Environment: Exquisite and tranquil with a strong sense of privacy
Housing Options in the Greenwood Hills
Luxury homes, Spacious estates
Average Home Prices in the Greenwood Hills
* Buying: $400,000 – $600,000
* Renting: $2,500 – $3,500/month
Greenwood Village

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Greenwood Village is a charming, well-established neighborhood featuring a mix of traditional and contemporary homes. It's ideal for professionals and families alike.
Characteristics of the Greenwood Village
* Culture: Diverse community with family activities and social events
* Transportation: Car necessary, but public transport is being developed
* Services: Accessibility to schools, parks, and local shops
* Environment: Friendly and engaging, promoting a sense of belonging
Housing Options in the Greenwood Village
Single-family homes, Townhomes
Average Home Prices in the Greenwood Village
* Buying: $200,000 – $300,000
* Renting: $1,000 – $1,500/month
Wise County Acres

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Wise County Acres is known for its large homesites and recreational opportunities. It caters to those who love outdoor activities and a spacious lifestyle.
Characteristics of the Wise County Acres
* Culture: Outdoor lifestyle with a focus on community events and activities
* Transportation: Car essential with nearby country roads
* Services: Limited amenities, fostering a self-sufficient lifestyle
* Environment: Spacious and rural, perfect for outdoor enthusiasts
Housing Options in the Wise County Acres
Custom-built homes, Ranch properties
Average Home Prices in the Wise County Acres
* Buying: $250,000 – $370,000
* Renting: $1,200 – $1,900/month
Greenwood Meadows

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Greenwood Meadows is a peaceful neighborhood offering a blend of comfort and community living. It is known for its friendly atmosphere and well-kept parks.
Characteristics of the Greenwood Meadows
* Culture: Community-focused with active involvement in local events
* Transportation: Accessibility by car, emerging public transport options
* Services: Nearby grocery stores, schools, and healthcare facilities
* Environment: Safe, nurturing, perfect for families and retirees
Housing Options in the Greenwood Meadows
Single-family homes, Duplexes
Average Home Prices in the Greenwood Meadows
* Buying: $210,000 – $300,000
* Renting: $1,000 – $1,400/month
Frequently Asked Questions About the Best Residential Areas in Greenwood:
The best residential areas in Greenwood include Greenwood Estates, Lower Greenwood, Greenwood Hills, Greenwood Village, Wise County Acres, and Greenwood Meadows.
Lower Greenwood and Greenwood Meadows tend to offer more affordable housing options, making them suitable for budget-conscious buyers.
Greenwood Hills is known for its luxury homes and upscale residential properties, catering to high-end buyers.
Greenwood Estates and Greenwood Meadows are noted for their vibrant community events and friendly residents.
While car transportation is essential, Greenwood is situated conveniently close to major highways, enabling access to nearby towns and cities.
Home prices vary widely, with averages between $200,000 to $600,000 depending on the neighborhood and type of housing.
Yes, Greenwood has access to quality schools and educational facilities that cater to families living in the area.
Greenwood is close to parks and recreational areas, providing residents with numerous outdoor activities such as hiking, biking, and picnicking.
The lifestyle in Greenwood is a blend of rural tranquility and community involvement, perfect for those who value peace and engagement.
Greenwood Estates and Greenwood Meadows are highly recommended for families due to their safety, community focus, and proximity to schools.
Conclusion on the Best Residential Areas in Greenwood:
Greenwood, Texas, offers a diverse range of residential neighborhoods that cater to various lifestyles and preferences. From the family-oriented Greenwood Estates to the luxurious atmosphere of Greenwood Hills, residents can find a neighborhood that suits their needs. The rural charm combined with convenient access to urban amenities makes Greenwood a desirable location for families, professionals, and retirees alike. Whether prioritizing affordability, community, or luxury, Greenwood has something to offer everyone, making it a great place to call home.
About the Author

Published by:Eribert De Oliveira
Mechatronics Engineer and founder of Mi Inmueble Online, with a background in real estate. I combine technology and analysis to help you find the best areas to live.