Wanna Steal A Condo? T.O.’s Foreclosed Azure Unit Just Went on the Market For Peanuts: Dallas Real Estate News

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I feel like this blog should be sponsored by Southwest Airlines today. Look at this babydoll, or rather what many say was supposed to be the “Baby Mama’s” pad: a one bedroom unit on the third floor of the Azure, 2900 McKinnon unit 307 fresh on the market for… are you sitting down, checkbook in hand? $254,000. No kidding. No wait: $254,900. God, what is $900? One bottle of good wine?

Poor Terrell Owens. His luxurious, 3559 square foot Azure condo upstairs with six parking garages sold at a short sale last November for about $1.4, if you will recall, or at least that’s where I called it.  Looks like a couple named Monsour bought in in early December, and the unit, which T.O. once was asking $2.25 for, is now on the books at $1.425 million. (I called it!) On 307,  Owens was delinquent on a $360,000 loan serviced by JPMorgan Chase. It’s 881 square feet and is currently on the DCAD books for $286,000,  last I looked. Which means, folks, this is a helluva deal. I am out of town right now or I’d be down there with my checkbook!

 

Candy Evans, founder and publisher of CandysDirt.com, is one of the nation’s leading real estate reporters.

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  1. Crosstown Clay on March 24, 2012 at 8:59 am

    That unit has been on the market for over a year – started at $350K last March and now Mr. Waller offers it up at truly fire-sale prices. I wonder if there is something else "unique" about it that nobody's talking about.

  2. Crosstown Clay on March 24, 2012 at 8:59 am

    That unit has been on the market for over a year – started at $350K last March and now Mr. Waller offers it up at truly fire-sale prices. I wonder if there is something else "unique" about it that nobody's talking about.

  3. Matt Watson on March 24, 2012 at 5:10 pm

    I was there earlier this morning, trying to beat the rush 🙂 condo is in great shape! And you can watch the reserection of the Residences at the Stoneleigh from your living room 🙂 Oh, and the master bath is not for the shy or self-conscious, since there is just a wall of glass separating the two 🙂 http://www.2900McKinnon.com

  4. Matt Watson on March 24, 2012 at 5:10 pm

    I was there earlier this morning, trying to beat the rush 🙂 condo is in great shape! And you can watch the reserection of the Residences at the Stoneleigh from your living room 🙂 Oh, and the master bath is not for the shy or self-conscious, since there is just a wall of glass separating the two 🙂 http://www.2900McKinnon.com

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