I'd cross post in the Metroplex forum further down the forum list to get a better audience.
Personally, I'd look at:
- Bedford (specifically north of HWY-183 and west of HWY 121) - Hurst Euless Bedford ISD
- Colleyville - Grapevine-Colleyville ISD
- Grapevine - Grapevine-Colleyville ISD
- Coppell - Coppell ISD
- Keller - Keller ISD
I have no quantitative data other than being born, raised and now living in the metroplex but I believe Bedford and Keller will have the highest volume of homes in that price range, then Grapevine. Much of Colleyville and Coppell will likely be priced too high, but worth looking given the school districts and proximity to Irving.
Bedford has historically been an older community but with the affordability of homes, it's attracted younger couples and families over the last 3-5 years. Keller is a good mix of old and new.
Another option would be living in Las Colinas. It's part of Irving that's been invested in heavily over the last 5-10 years. Irving ISD is not a great school district so this may be a shorter term option.