Robert Elliott is at it again, ahead of the curve and setting the pace. This time the multi-talented co-founder of Stillwater Capital, founder of Robert Elliott Custom Homes, and The Associates Real Estate Brokerage has created Greenwood Flats at 5714 McCommas Boulevard. Elliott’s reputation as a builder is unparalleled. He’s constructed over 100 private residences in Highland Park alone, as well as homes in Bluffview and East Dallas. His reputation of putting together a solid development and standing behind what he builds means if you purchase one of his homes, you have a sound investment.
Not only is this a real estate product you don’t see much of in East Dallas, but Greenwood Flats are also priced to capture your attention. There are three buildings with a total of 30 flats and six two-story town homes, (two in each building). The term “flat” is common on the other side of the Atlantic, but not so much in Dallas. Flats are not apartments, nor are they condos — not really. Apartments are one-story residences you rent. Condos are generally in a high-rise, although many older apartment complexes converted to condos years ago allowing owners to purchase their apartments. But, let’s face it, flat sounds so much cooler.
“I looked at the market,” Elliott said. “There are hundreds of three-story townhomes being built. Offering a one-story flat product, where you have no staircase eating into your living space, means you get what you pay for as far as your price per square foot. You are not navigating staircases and hallways that chop up your floor plan. I saw a real need for this sort of product as the market has very few in this area.”
Architect Richard Metersky collaborated with Elliot’s in-house architect Brent Slocum, and Munn Harris consulted on the elevation of Greenwood Flats to get everything picture perfect. The clean lines and open-plan living areas are what buyers want today, especially young buyers. The flats range from 1,571 to 1,791 square feet, have wood floors, stainless appliances, and quartz countertops. There are 14 choices of floor plans, which are unique to the development. Each flat has two bedrooms, a study, and a private balcony.
“Style and design have changed so much in the past five years,” Elliott said.” Even the more traditional buyers want cleaner lines today than they did a few years ago. They don’t want the old-world, heavy-stained cabinet look. They want white and clean lines.”
They also want bang for their buck, and at $375,000-$440,000 they are priced exceptionally well.
Eight units have already been sold, and the third building is not even finished yet. Of course, Elliott chose a brilliant location, a block from Greenville Avenue restaurants and nightlife. Another advantage — you don’t have to navigate highway traffic to get the four miles to downtown. And there’s even a rooftop deck in the center building should you want to party with a view of the city.
I got a close-up and personal look at the Greenwood Flats block party this past weekend, and I can tell you that if you’re trying to get into the East Dallas market, you would be hard pressed to find a better product, in a great location, at a superb price. The Greenwood Flats model is open daily so stop in and have a look!
Karen Eubank is the owner of Eubank Staging and Design. She has been an award-winning professional home stager for more than 25 years. She’s been a professional writer for 20 years. Karen is the mother of a son who’s studying music at The University of Miami. An ardent animal lover, she doesn’t mind one bit if your fur baby jumps right into her lap. Find Karen at www.eubankstaging.com