Median Salary
$62,088
Above National Avg
Hourly Wage
$29.85
Dollars / Hr
Workforce
N/A
Total Jobs
Growth
+3%
10-Year Outlook
Here is a comprehensive career guide for Real Estate Agents considering a move to Irving, Texas.
Real Estate Agent Career Guide: Irving, TX
As someone who has watched Irving evolve from a quiet suburb into a major economic hub, I can tell you that this city offers a unique blend of opportunity and challenge for real estate professionals. Located in the heart of the Dallas-Fort Worth Metroplex, Irving isn't just a bedroom community—it's a destination with its own distinct character and market dynamics.
Irving sits at a crucial crossroads. With Dallas to the east and Fort Worth to the west, it captures traffic and talent moving between both major metros. The city's skyline, dominated by the iconic Toyota Music Factory and the towering Las Colinas urban center, tells the story of a place that's constantly reinventing itself. For real estate agents, this means a market that's both competitive and rewarding, with clients ranging from young professionals in Downtown Irving to executives in the master-planned communities of Valley Ranch.
The Salary Picture: Where Irving Stands
Real estate compensation in Irving follows the classic commission-based structure, but understanding the baseline numbers helps set realistic expectations. According to the Bureau of Labor Statistics and local market data, the median salary for Real Estate Agents in Irving is $62,088/year, which breaks down to approximately $29.85/hour when you account for the typical 40-hour workweek that agents often exceed. For context, this sits slightly above the national average of $61,480/year for the profession.
The market is competitive. With 508 real estate jobs currently in the Irving metro area and a 10-year job growth of 3%, the demand is steady but not explosive. This isn't the place for get-rich-quick expectations, but for agents willing to build relationships and master the local market, the earning potential is solid.
Experience-Level Breakdown
Compensation in real estate is heavily tied to experience, networking, and production volume. Here’s how earnings typically break down:
| Experience Level | Estimated Annual Income | Key Characteristics |
|---|---|---|
| Entry (0-2 years) | $35,000 - $55,000 | Heavy prospecting, building a client base, leaning on team support. Most agents earn below median in first 2 years. |
| Mid-Level (3-5 years) | $55,000 - $85,000 | Established referral network, consistent closings (6-12 deals/year). Specializing starts here. |
| Senior (5-10 years) | $85,000 - $120,000 | Strong repeat business, niche expertise (e.g., luxury in Las Colinas), mentorship roles. |
| Expert (10+ years) | $120,000+ | Top producer status, likely team leader or broker-owner, dominant market share in a specific area. |
Insider Tip: Don't fixate on the median. In Irving's competitive environment, the top 20% of agents often earn multiples of the median. Your first two years are an investment. Many successful agents here start on a team to learn the market and split commissions before going solo.
Comparison to Other Texas Cities
How does Irving's $62,088 median stack up against other Texas real estate hotspots?
| City | Median Salary | Cost of Living Index | Market Character |
|---|---|---|---|
| Irving | $62,088 | 103.3 | Stable, corporate-driven, diverse housing stock. |
| Dallas | $61,480 | 102.1 | Higher volume, faster pace, more competition. |
| Austin | $64,120 | 112.5 | High demand, tech-influenced, higher price points. |
| San Antonio | $58,200 | 90.7 | More affordable, military/government influence. |
| Fort Worth | $60,500 | 95.8 | Growing, suburban focus, family-oriented. |
Irving offers a "Goldilocks" market: not as cutthroat as Austin or Dallas proper, but with higher earning potential than San Antonio. The Cost of Living Index of 103.3 (US avg = 100) means your dollar goes a bit further here than in Austin's 112.5 index, which can be a deciding factor for agents relocating from pricier coastal markets.
📊 Compensation Analysis
📈 Earning Potential
Wage War Room
Real purchasing power breakdown
Select a city above to see who really wins the salary war.
The Real Take-Home: After Taxes and Rent
Let's get real about the numbers. An agent earning the median salary of $62,088 has to navigate Texas's lack of state income tax but faces higher property taxes. Here’s a realistic monthly budget breakdown:
Assumptions: Single agent, no dependents, standard deduction, 3% state property tax (Irving's average is ~2.3%, but can vary), and average 1BR rent of $1,291/month.
| Category | Monthly Cost | Notes |
|---|---|---|
| Gross Income | $5,174 | $62,088 / 12 months |
| Federal Tax | -$675 | Estimated (varies by deductions) |
| FICA (7.65%) | -$396 | Social Security & Medicare |
| Net Income (Take-Home) | $4,103 | After federal & FICA |
| Rent | -$1,291 | Average 1BR in Irving |
| Utilities | -$200 | Electricity, water, internet (varies seasonally) |
| Car/Insurance | -$450 | Essential for prospecting; includes gas/maintenance |
| Health Insurance | -$350 | Brokerage plans or marketplace |
| MLS/Board Fees | -$150 | DFW Real Estate Board (varies by brokerage) |
| Misc. (Food, etc.) | -$600 | Groceries, dining, entertainment |
| Total Expenses | -$3,041 | |
| Monthly Savings | $1,062 | For taxes, retirement, business expenses |
Can they afford to buy a home? Yes, but with caveats. With $1,062 in monthly savings, an agent could theoretically save a 20% down payment on a $300,000 home (common in Irving) in ~4.5 years. However, real estate income is irregular. Taxes are paid quarterly, and commissions come in lumps. A $300,000 home would have a mortgage of ~$1,600/month (including taxes/insurance), which is 31% of the net monthly income—tight but manageable if income is consistent. Many agents here rent for the first 2-3 years while building their business. Insider Tip: Look for homes in areas like East Irving or Valley Ranch where you can find newer townhomes under $350,000 that are easier to show and sell to your own client base.
💰 Monthly Budget
📋 Snapshot
Where the Jobs Are: Irving's Major Employers
While most agents are independent contractors affiliated with brokerages, understanding Irving's employer landscape is critical for identifying client pools and market niches. Irving is a corporate heavyweight.
ExxonMobil (Global Headquarters, Las Colinas): The city's largest private employer. The campus is a city-within-a-city with over 10,000 employees. Hiring Trend: Steady. The move to hybrid work has spurred demand for larger homes in suburban Irving for employees who no longer need to commute daily to Houston. Insider Tip: Agents who build relationships with ExxonMobil's HR and relocation departments can tap into a consistent stream of corporate transfers.
Irving Independent School District (IISD): A massive public employer with over 15,000 staff. Hiring Trend: Consistent, with opportunities in teaching, administration, and support roles. Insider Tip: School quality is a top factor for families. Knowing IISD's zoning changes and school rating trajectories (e.g., the new Jack E. Singleton Elementary zone) makes you an invaluable resource for buyers with kids.
Christus Health (Irving Campus): A major healthcare system anchored by Christus Irving Memorial Hospital. Hiring Trend: Strong growth in nursing, allied health, and tech roles due to Irving's aging population. Insider Tip: Doctors and medical professionals often need flexible housing options—short-term rentals for new residents or larger homes for families. This is a high-earning client niche.
Dallas/Fort Worth International Airport (DFW): While technically in Dallas, DFW's economic and employment force is felt in Irving. Hiring Trend: High demand for pilots, mechanics, customer service, and logistics roles. Insider Tip: DFW employees often prioritize commute times. Agents specializing in the Valley Ranch or South Irving areas, which offer quick access to the airport via SH-114 or I-35E, are highly sought after.
The Dallas Cowboys (The Star in Frisco): While not in Irving, the team's headquarters and practice facility draw thousands of employees and contractors who live in Irving. Hiring Trend: High-profile, but specialized. Insider Tip: This connects you to a network of high-net-worth individuals and sports professionals. Marketing yourself as an agent who understands the unique lifestyle and privacy needs of this demographic can be a significant differentiator.
Toyota Music Factory & Major Retail: The entertainment district drives employment in hospitality, retail, and event management. Hiring Trend: Seasonal and service-oriented. Insider Tip: These employees often rent in nearby areas like Barton Oaks or Central Irving. Building a portfolio of rental properties can be a stable income stream.
Getting Licensed in TX
Texas licensing is straightforward but requires dedication. The Texas Real Estate Commission (TREC) oversees the process.
Requirements & Costs:
- Education: 180 hours of pre-licensing course from a TREC-approved school. Cost: $400 - $600.
- Exam: Pass the state exam. Cost: $43 for the exam.
- Background Check: Fingerprinting and background check. Cost: $38.25.
- Application: Submit license application to TREC. Cost: $110.
- Total Estimated Cost: $591 - $791 (not including course materials or study aids).
- Timeline: From starting the course to holding an active license, expect 3-5 months. The course can be completed in as little as 2 weeks if intensive, but most take 2-3 months. Schedule the exam immediately after finishing the course, as the material is fresh.
Insider Tip: Don't skimp on the course. The Texas exam is known for its focus on legal and contractual details. Many local schools in the DFW area (like CE Shop or Real Estate University of Texas) offer hybrid online/in-person classes that include exam prep. Joining a brokerage before you finish the course can provide guidance and sometimes mentorship.
Best Neighborhoods for Real Estate Agents
Your niche will dictate your location. Here’s a breakdown of key areas:
| Neighborhood | Vibe & Commute | Rent (1BR Est.) | Agent Niche Tip |
|---|---|---|---|
| Las Colinas | Upscale, corporate, walkable. Central to Irving, 15-20 min to Dallas. | $1,500 - $2,000 | Luxury rentals & condos. Target young professionals and corporate transfers. High price points, but competition is fierce. |
| Valley Ranch | Family-friendly, master-planned, great schools. 20-25 min to DFW Airport. | $1,300 - $1,600 | Ideal for first-time homebuyers and families. Strong resale market. Build volume here. |
| East Irving | Older, affordable, diverse. 10-15 min to Downtown Dallas. | $1,000 - $1,300 | Investment properties, fixer-uppers. Growing with new townhomes. Good for newer agents to build a client base. |
| Barton Oaks | Quiet, residential, good value. 10 min to Las Colinas. | $1,100 - $1,400 | Work-from-home professionals. Market is steady; less volatile. Good for consistent referrals. |
| South Irving (near DFW) | Practical, airport access, newer construction. 15 min to DFW. | $1,200 - $1,500 | DFW employees, frequent flyers. Focus on convenience and commute. |
Insider Tip: Don't try to be an agent for all of Irving. Pick one or two neighborhoods and become the absolute expert. Drive every street, know every park, and understand the micro-market differences between, say, the north and south sides of Valley Ranch.
The Long Game: Career Growth
Real estate is a marathon. In Irving, growth comes from specialization and scalability.
Specialty Premiums:
- Luxury Market (Las Colinas): Commission checks are larger, but sales volume is lower. Requires high-touch service and a polished marketing budget. Can double your median income potential.
- Relocation Specialist: Tapping into corporate transfers from ExxonMobil, Verizon, or other HQs. Steady stream of clients. Requires understanding of relocation tax implications and temporary housing.
- Investment Properties: Focusing on East Irving's multi-family or townhome market. Builds a portfolio of repeat clients. Lower individual commission but higher transaction volume.
- Senior Relocation: Irving's aging population creates demand for downsizing services. Partner with senior move managers for a full-service offering.
Advancement Paths:
- Solo Agent to Team Leader: Build a team of buyer's agents. Your commission splits decrease per sale, but volume increases exponentially.
- Brokerage Affiliation: Move from a franchise to a boutique brokerage for more support, or become a broker-owner after 4+ years and $250,000+ in annual production.
- Property Management: Add a property management arm to your business. This creates recession-resistant income. Irving's rental market is strong, with average 1BR rent at $1,291/month.
10-Year Outlook: The 3% job growth is modest, but Irving's strategic location in the DFW metroplex ensures resilience. The market will remain competitive. Agents who leverage technology (virtual tours, digital marketing) and deep local knowledge will thrive. The shift toward hybrid work may reduce demand for ultra-compact urban apartments but increase demand for homes with dedicated office space in Irving's suburban neighborhoods.
The Verdict: Is Irving Right for You?
| Pros | Cons |
|---|---|
| Stable, Diverse Economy: Anchored by major corporations (ExxonMobil, etc.), less volatile than pure tech markets. | Intense Competition: 508 agents fighting for market share. You must differentiate. |
| Strategic Location: Between two major metros (Dallas & Fort Worth) with world-class airport access. | Income Irregularity: Commission-only structure requires strong financial discipline. |
| Affordable Housing Market: Compared to Austin or Dallas proper, you can live and invest here. | High Property Taxes: Texas's lack of income tax is offset by taxes; factor this into your home-buying plans. |
| Established Infrastructure: Great schools, hospitals, and amenities make it easy to sell. | Limited "Upside": The 3% growth suggests a mature market, not a boomtown. |
| Diverse Client Base: From corporate execs to families to investors. | Learning Curve: Must master multiple sub-markets (Las Colinas vs. Valley Ranch). |
Final Recommendation: Irving is an excellent choice for disciplined, relationship-focused agents who want a stable, high-quality market to build a long-term career. It's not the place for instant wealth, but it offers a realistic path to a $62,088+ median income with room for significant growth. If you're willing to specialize, network relentlessly, and weather the first two lean years, Irving can be a rewarding home for your real estate business.
FAQs
1. What's the most common mistake new agents make in Irving?
Trying to be everything to everyone. The market is too segmented. The most successful new agents I see pick one neighborhood—say, Valley Ranch—and learn it inside out. They become the go-to expert for that area, which builds credibility faster than trying to cover all of Irving.
2. How do I get my first client in Irving?
Leverage your immediate network. Tell everyone you're licensed. For your first 3-5 deals, consider joining a team. Teams provide mentorship, leads, and a share of the commission while you learn the ropes. It's a faster way to build experience than grinding it out alone.
3. Is the market saturated?
Yes and no. While there are 508 agents, many are not full-time or not active. The competition is for the active listings and buyers. Your specialty and hustle matter more than the raw number. If you can offer unique value (e.g., bilingual services, investor expertise, relocation experience), you'll find your niche.
4. How important is my car?
Critical. You will log thousands of miles driving clients, showing properties, and attending inspections. Budget for a reliable, presentable vehicle and factor in gas and maintenance. In Irving, where distances between neighborhoods can be significant, a car is non-negotiable.
5. Can I survive the first year on commissions alone?
It's unlikely and financially risky. Most successful agents have **6-12
Other Careers in Irving
Explore More in Irving
Dive deeper into the local economy and lifestyle.