“This is definitely the gem of Sondra Drive that is nestled in the heart of Lakewood!” gushed Dave Perry-Miller Real Estate’s Matthew Edwards when I asked him about his brand new listing. The home is not only a newer build in one of Dallas’ most sought-after neighborhoods, but it the location is beyond enviable, making it a shoo-in for our High Caliber Home of the Week presented by Lisa Peters of Caliber Home Loans

Of course, Lakewood is teeming with stellar homes of all ages and sizes, but homes on Sondra Drive are particularly sought after because of the private feel of the narrow, tree-lined streets. Plus, you’re so close to everything.

“This property lives wonderfully and has so many great amenities,” Edwards added. “It’s within walking distance to Lakewood Elementary and White Rock Lake!”

It’s true. Sondra Drive has twice the appeal of other Lakewood locations thanks to its proximity to Lakewood Elementary and its distance from the main thoroughfares that traverse the neighborhood. But if you’re a homebody like me, what you’ll really love the backyard, which has a great pool, spa, outdoor kitchen, fireplace, and a tidy lawn that will mean you’ll have plenty of room outside to keep both kids and parents happy no matter the season. No need for KayCee Pool memberships here!

(more…)

07/17/19 9:45am
Conomos

The husband-and-wife duo of Bradley Anderson (right), and Alexa Conomos (center) make up two-thirds of the Anderson-Conomos real estate team, along with Brooks Anderson (left). The couple will be the keynote speakers at this year’s East Dallas Chamber of Commerce Economic Summit in October.

From staff reports

The husband-and-wife duo of Bradley Anderson and Alexa Conomos, who make up two-thirds of the Anderson-Conomos real estate team, will be the keynote speakers for the Greater East Dallas Chamber of Commerce’s 15th Annual Economic Summit this fall.

The event, which will be held on Tuesday, Oct. 15, from 9 a.m. to 1:30 p.m. at the Doubletree by Hilton Campbell Centre at 8250 North Central Expressway in Dallas, will not only give economic updates regarding the east side of Dallas, but is also an opportunity for members and others in the business community to network. (more…)

07/17/19 9:30am

Taco Bell

So, I know this is a real estate publication, but hear me out, because I am pretty sure this week’s Wednesday WTF still counts as real estate related because we all have made a run to the border to heed the siren call of Taco Bell.

It’s quick, easy to find, and when you have exactly 15 minutes at best for lunch, need some wifi too, and don’t mind spending some time in a restroom later, it’s the thing to do.

So pause before you get jalapeno up in my face about the subject matter. Also, it’s about doorknobs, and all these houses have them. So there, boom, two ways it’s connected to real estate.

(more…)

07/16/19 12:05pm

Tudor Manor House

This historic Tudor manor house in Lakewood is what I refer to as a once-in-a-lifetime home. When you are lucky enough to purchase an architectural wonder like this, you don’t leave. The house has changed hands only three times since being built in 1926. It’s now for sale, and I genuinely envy the lucky person that nabs this beauty. It’s one of my all-time favorite homes.

We’re particularly lucky in Dallas to have incredible residential homes designed by notable architects, yet some still rise above the rest. This Tudor manor house is one of them. It has an unmatched pedigree.
Tudor Manor House

Sir Alfred Bossom designed the house for Arthur Kramer, president of A. Harris and Company, one of the many great department stores of downtown Dallas that is now just a historical footnote. In the 1920s Lakewood was considered the countryside, which is one reason the movers and shakers of the city, such as Stanley Marcus, built homes here.

(more…)

07/16/19 9:55am

Just when you thought the transformation of Dallas’ older neighborhoods couldn’t get any better, well, it gets downright decked out in East Dallas!

Introducing Skyline Terraces, an exciting new master-planned community of 25 strikingly designed townhomes loaded with architectural drama and influences, each of them offering yet a new dimension in urban living — sweeping rooftop terraces, high-end accouterments, and magnificent views of the downtown Dallas skyline.  

Hence the name, Skyline by Dooley Developments, a young Dallas-based multi-unit end-user development company. This is Colin Dooley’s first Dallas development near completion. Others underway include 20 units at The Alto in Oak Lawn, 10 units at The Pradera at Bryan Place, The Oram at Greenville and Oram, behind HG Sply Co., the Luana in Trinity Groves, the Nove (“Nine”)  in Bishop Arts, and the Edge at White Rock. His Austin developments are The Legacy at St. John and Creekside.

Skyline Terraces are located in the city’s newest hot spot, the rapidly evolving, inner-eastern Ross Avenue precinct, minutes from downtown Dallas, thus only minutes away from the enticing dining, nightlife and cultural offerings of Uptown and Deep Ellum.

And did we tell you that you will park your car in your secure, two-car garage, slip on some shoes (or flip-flops), and just walk, walk, everywhere?

Skyline Terrace townhomes are custom-engineered from the ground up to the fourth-floor rooftop to be both models of efficiency and breathtakingly beautiful. Each unit is capped with a truly tranquil rooftop retreat structurally engineered to support a hot tub (three varieties of which are available for purchase), complete with future private hot tub access and exquisite views of downtown. Modern touches abound with a creative combination of concrete, wood, and steel, all designed to create a unique home in the heart of the city. An open and expansive floor plan creates a wonderful sense of light, which flows to and through the spacious rooms and abundant storage areas. Your new home also comes with that spacious two-car car garage we mentioned, a chef’s dream-style modern kitchen loaded with high-end appliances — steel, baby, stainless steel — and designer touches throughout.

In fact, I want to be a fly on the wall when you see the master bath. (more…)

07/16/19 9:45am

South Dallas Pemberton Hill

New construction in Dallas in the low $200s?

*Tires screech.*

*Horn blasts.*

*Solo red siren from Dragnet magically appears.*

Dramatization? Or real life? YOU DECIDE.

But seriously, let’s talk about 650 Elkhart Avenue. It’s impeccable. The details are thoughtful, and many were hand-selected by the investor, Tracy Bennett, herself.

(more…)

07/16/19 9:30am

Option Fee and Proof of Delivery

The standard Texas residential real estate contract contains several options for buyers to terminate their contract for various reasons. While sellers may not like it, it makes sense that the person bringing the money has the most options.

The most popular option is the paragraph that requires the buyer to deliver an option fee for the right to terminate for any reason within a specified period of time. This time period is usually when the buyer will perform inspections. The option fee is payment for the buyer’s right to walk away from the contract. Whether or not they exercise that right doesn’t matter. The seller may cash an option fee check at any time and keep the option fee if the buyer terminates. Typically, the buyer gets credited for the option fee at closing when they do not terminate.

The option fee must be delivered to the seller or listing agent within three days after the effective date of the contract or the buyer may lose their rights under the option period. The crucial part of the option period is the DELIVERY of the option fee. Not receipt of the option fee. These are actually two different actions. Let me explain.

(more…)