Lochwood Estates Midcentury Modern Gets Multiple Offers After Four Days On Market

Lochwood Estates midcentury

Our Tuesday Two Hundred is a Lochwood Estates midcentury that generated multiple offers over asking price after just four days on the market.

This East Dallas neighborhood is affordable and desirable with lush greenbelts, mature trees, lots of wildlife, and close proximity to White Rock Lake. With killer curb appeal and a cute interior, the home at 12030 Sunland St. offers atomic era style. It also has an attached two-car garage, a rarity in the area and big bonus among buyers.

“We thought of pricing it at $249K, but we decided to drop it based on comps to get attention — it helps to get as many eyeballs on it as possible that first weekend,” said listing agent Jason Castro with Keller Williams — Dallas Park Cities. “These sellers need to move quickly. When you have multiple offers it helps you negotiate a lot of terms and helps you get to close quickly without many snags in the process.”

Castro’s strategy worked. He had ten offers as of noon yesterday, and all are above asking price, except one lowball cash offer. He says he expects another five or so. How’s that for a hot property?

This home has three bedrooms, two bathrooms, and 1,173 square feet on on story, built in 1961.

Lochwood Estates midcentury Lochwood Estates midcentury

As the Lochwood Neighborhood Association notes:

The neighborhood itself has many wooded areas, lots of hiking trails and many creeks. Several homes in Lochwood were built along and have unobstructed views of the greenbelts surrounding the creeks and trails…Lochwood also has a city park in the neighborhood that has two tennis courts, a basketball court, picnic tables, baseball diamond and a newly-constructed children’s playground. The lush greenbelts are a favorite among pet owners in the neighborhood, and many of the greenbelts also have wooded trails. The Lochwood area offers an array of recreational and community activities that are hard to find in many of the Dallas suburbs.

The corner lot curb appeal creates retro flair, with drought-tolerant landscaping, an original front door painted an eye-catching chartreuse, and midcentury accents, like a cement diving wall and planters. Love the wood accents, too! The house sits on a quarter acre, so there’s lots of grassy green space.

Across the threshold, the living room greets with a vaulted ceiling and open-concept floorplan for the living and dining rooms. The floors are laminate and look like the real deal. That ceiling fan is a bit of an eyesore, but that’s an easy and inexpensive fix.

The kitchen sits just off the dining area and has lots of nice features, like stainless steel appliances, wood cabinets, a funky tile backsplash, and gas range. The counters are a granite tile, which is not a buyer favorite, in my opinion. Solid slab is much more popular. But they look good and might meet the needs of the next buyer, or be on the list for replacement.

Geometric, dimensional wallpaper wows in the master bedroom, an on-trend accent that looks marvelous. Laminate floors extend into the bedrooms and create a great look. The master bedroom’s bathroom is newer and nice, but doesn’t really fit the midcentury aesthetic in the rest of the home. But again, it’s a matter of personal taste.

The spacious backyard features a covered patio, lots of green space, and more drought-tolerant landscaping. Great for a family.

This home was listed April 20 by Castro for $239,900. He has some advice for sellers in the under-$300K market, a sweet spot for many homebuyers.

“If you’ve got a great property — or any property, really — you’ve just got to price it competitively,” he said. “A downfall of this market is people think they can price it at whatever. Do your homework and price it competitively based on comps and you’ll sell it quickly.”

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