Del Norte Home Offered as Lot or Reno More Than Doubled in Value Since 2004 in Preston Hollow
Share News:
This Rogers Healy listing is right in the hotbed of controversy over the proposed, and now City Plan Commission-approved, Transwestern development for the western edge of the area known as Behind the Pink Wall. For $699,000 you can have a .46 acre lot — Del Norte does have some hefty slabs of nicely treed dirt — and renovate or tear down.
You’d be living on the northeast corner of De Norte and Preston Road, right across from Ashley and James Parks.
The 2611 square foot home was listed with Rogers Healy back in May/June for $725,000, then quickly the price was lowered to the current $699,000. There are no photos of the home’s vintage 1961 interior..
Interesting that the home sold for $285,000 off a selling price of $295,000 in 2004, sellers being a bank.
Eleven years later, the home is listed at $699,000.
1 Comments
Leave a Comment
This is an amazing price increase! Now the sellers will be able to take all that profit and make a serious upgrade! Oops, maybe not since prices have increased similarly in all upscale Dallas area neighborhoods.
Well, maybe they’re moving to a different city. That windfall will help them get their dream home! (as long as they’re not relocating to an area that has seen similar increases in home prices.)