Colleyville eyes light rail station

As Colleyville keeps an eye on the future in terms of the city’s potential growth, it has asked the Fort Worth Transportation Authority to include a proposed Colleyville light rail station as part of an upcoming environmental impact study. Existing rail service connects Fort Worth and Dallas, and is becoming an increasingly popular way to decrease traffic and pollution.

The addition of a light rail option for commuters could boost the values of Colleyville real estate, offering an attractive transportation option for those who wish to live in Colleyville but work in Dallas or Fort Worth.

Fort Worth Transit Helps Boost Home Sales

Fort Worth real estate has received a shot in the arm from The T, with a special program offering incentives for homebuyers who purchase property within one-quarter of a mile from a T transit route in southeast Fort Worth.

The program, called Smart Commute®, allows potential home buyers to add the estimated decreased commute expenses to their income, increasing the amount of qualifying income and opening up more purchasing options. Under the program, single income households can add $200 per month and dual income households can add $250 per month to qualifying income.

Loans under this program are available through participating program lenders and applicants must meet normal loan qualification requirements.

The use of light rail in metropolitan areas only makes sense. It offers a convenient commuting option that will reduce the amount of traffic and lower pollution levels. The addition of a light rail station to Colleyville could provide an easier transit from this community’s beautiful neighborhoods into the employment centers of Fort Worth, Dallas and the Metroplex.

This entry was posted on Thursday, April 3rd, 2008 at 9:48 pm and is filed under Neighborhoods. You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.