08/18/19 9:55am

property taxAlmost a year after voters approved a 13-cent property tax hike in a Tax Ratification Election, the Dallas ISD board of trustees will discuss reducing the rate this Thursday.

In November, voters approved raising the rate from $1.04 to $1.17, the first increase since 2008. The agenda for Thursday’s regular meeting includes discussion of reducing the rate to about $1.06 per $100 valuation. 

Specifically, the measure would set the maintenance and operation tax rate at $1.068350, and the debt service tax rate at 242035 cents, which winds up being about $1.31 per $100 valuation, a 3.26 percent decrease in the total tax rate.

“We appreciate the tax payers helping us out when we needed you and the state leg. for finance reform,” said trustee Miguel Solis on Twitter. “Proud to lower those taxes.”

In May, the Texas legislature passed sweeping education funding reform, which was signed by Gov. Greg Abbott with much pomp and circumstance. All 139 House members and all 30 state senators voted to approve House Bill 3, which included $6.5 billion in public education funding and teacher pay increases, and $5.1 billion to lower school district taxes. (more…)

08/18/19 9:45am

Everything about this place is an oxymoron. It’s old-fashioned modern. It’s historic luxury. It’s educational meets residential. Potential renters can now lease a studio, one-bedroom, or two-bedroom unit in the 1903 repurposed Davy Crockett School in East Dallas.

Everything about this place is an oxymoron.

It’s old-fashioned modern. It’s historic luxury. And it’s educational meets residential.

Potential renters can now lease a unit in the circa 1903, repurposed Davy Crockett School in East Dallas.

Aptly called The Principal, the 52-unit building at 401 North Carroll Ave., in Dallas, is the head of its class. (more…)

08/18/19 9:30am
newspaper

The former New York Daily News printing press building in Brooklyn, New York, became Newswalk, luxury condos, in 2002.

It’s been a month and a day since it was announced that Ray Washburne’s Charter DMN Holdings had purchased the former Dallas Morning News headquarters on Young Street. 

Known by many as the “Rock of Truth” because of the words etched on the front, Washburne’s company purchased the campus for $28 million, paying $5.6 million in cash paid today at closing, and a two-year promissory note for the remaining $22.4 million.

Photo courtesy Wikimedia Commons

At the time, nobody knew for certain what Washburne intended for the building, although he had said he valued the George Dahl-designed building and would work it into any plans he had.

We reached out Saturday, and Washburne told us that while he knew what he was going to do with the structure, he wasn’t ready to divulge.

But since we’ve taken a look at how architects and developers have reimagined old churches, abandoned malls, and mothballed schools, we thought, why not talk about what you can do with an old newspaper building.

Now, first things first. The building sits on what could be (depending on what goes on near the old Reunion Arena site and other spots nearby) quite the downtown hot spot. So whatever Washburne has up his very experienced sleeve will, of course, take that into consideration.

Today’s exercise, however, is just to take a peek at what fate has befallen other empty ink-stained environs across the country, and try to imagine what could be.  (more…)

08/18/19 9:15am

Wylie

“What county is Wylie located in?” Typically I can name off the county pretty easily for most all north Texas cities, but this week’s Suburb Sunday had me stumped. Now I see why. “Wylie is a city and northeastern suburb of Dallas, that was once solely located in Collin County, but now extends into neighboring Dallas and Rockwall Counties,” my friend Wikipedia tells me.

Just like the zig zag of Wylie’s city limits, the city is uniquely served by a variety of school districts. For example, most of Collin County Wylie is served by Wylie ISD, though a small portion is served by Princeton and Plano school districts. The Dallas County portion of the city is served by Garland ISD, while the Rockwall County portion is served by Rockwall ISD. Crystal clear, right? (more…)

08/18/19 9:00am

Starwood

Realtors get really excited when they get a listing in Starwood, the gated community in Frisco just north of Lebanon Road and west of the Dallas North Tollway. It’s gorgeous, exclusive, and the homes always shine.

So it was no surprise when Jennifer Menon with William Davis Realty reached out to us last week bursting with excitement about her new about-to-be posted listing at 6000 Hackberry Court — it’s a prime example of the livable elegance you can find in Starwood.

Livable elegance? That’s just fancy talk for “this house is super nice but you also won’t find yourself holding your breath every time your kindergartener wanders through with a popsicle.”

(more…)

08/18/19 8:45am

treehouse

08/17/19 10:46am

We told you all about the bargain that is 11585 East Ricks Circle a few weeks back, when it first hit MLS. The home, while mature, is in pristine condition and one of the best family home values we have seen come across the screen: mature trees on a plumb acre, security, location.

Plus the price has just been lowered to lot value plus about $100,000 for a 4,563 square foot home with updated everything, pool, and room for a future tennis court. (more…)

08/17/19 9:55am

Grand Prairie

From the outside of 2322 Sunnyvale Road in Grand Prairie with a wrought-iron and glass door and decorative star at the apex, you’d expect a southern-styled home with Magnolia-inspired rustic decor. But walk inside and your jaw will drop.

(more…)