Nobody ever sells on Stonebridge Drive in Dallas (well, two were sold in the neighborhood whole of last year). ¬†The street has anti-tank berms at the north end that virtually eliminate rush hour rat-runners and drunken revelers lost after midnight. It makes for a quiet existence, dismembered from the hurly-burly of living in the heart of America‚Äôs fourth largest SAMA. So, it is triumphally significant that 4104 Stonebridge Dr. is ‚Äúcoming soon‚Äù from David Griffin Realtors and parrot-owning agent Jarrad Barnes. The yard sign has been in the tease state for a month, so this may all be a spoof.
But wait! Barnes tells me the house isn‚Äôt really for sale, but it‚Äôs not a tease. The house is built on two lots, and one of them is for sale. That makes it a 60 foot wide slither of land totaling just over 7,500 sq. ft. (the minimum lot size in the neighborhood). The interesting thing is, a river runs through it. Or, as math majors and Barnes‚Äô parrot would say, bisects the property ¬†Far from making building a house impossible, it encourages the kind of innovative cantilevered design found on Park Bridge Court just a few minutes south down Turtle Creek Boulevard. As Barnes puts it ‚ÄúThis lot will be bought by someone who reads Dwell‚Äù.
From the dog-walker‚Äôs perspective, I see potential with this lot. It backs onto the Katy Trail. The owner can dynamite cut, his own personal access to the best urban trail in Dallas. Second, this location is only one and a half miles from downtown Dallas. If the city continues to grow, it has to command an increased congestion premium. All of this doesn‚Äôt describe the location (which we just did, above). For all that, the $695k asking price sounds like fair value.