Eastwood Park Flip Posts New Record Price For Neighborhood

(Full disclosure: This home is in my neighborhood, Casa View Haven, where I have lived for almost 11 years.) 

Casa View Haven, when I moved here in 2007, had a large proportion of renter-occupied homes, with about half of the owner-occupied post-war ranches housing nice, quiet folks that most likely qualified for AARP memberships. Though I wouldn’t call us urban pioneers or early adopters of this enclave in Far East Dallas, we’ve been here long enough to see the tide turn. In fact, on Eastwood Drive, where our Thursday Three Hundred is located, we’ve seen four flips in the past 18 months. 

The thing is, 10226 Eastwood Dr. is listed for a record-breaking $310,000 — a new high for the neighborhood. We’ve seen several flips in Casa View Haven recently, but this is the first from Jared Childs of Cornerstone Realty. Many houses in this neighborhood have three bedrooms and one bathroom, and a few have additions on the back of the structure or garage conversions. This home is one of the larger three-bedroom, two-bath houses in the neighborhood, clocking in at 1,740 square feet with a den added on to the rear of the house.  

That might be part of the reason why this particular home is priced above $300K, but despite the lofty price, it’s still on the market at $170 per square foot.

Now, when Childs — a regular investor out in Fort Worth — started work on this Eastwood Park ranch, he had his work cut out for him. This home had a hodge-podge of updates, an unsightly car port, and a very uneven foundation. By my estimation, it took crews about 10 to 12 weeks from start to finish to completely re-work this house. The results? Well, I’m no licensed real estate inspector (and you should ALWAYS hire one, especially if you’re buying a flip), but it looks pretty swell.

There are lots of trendy, visually interesting updates at 10226 Eastwood Dr., most of which are in the kitchen. The home’s existing floor plan wasn’t changed, though the entire home was gutted and re-done. Granite counters, herringbone tile, and stainless steel appliances are a good neutral complement to the white cabinetry. Hardwood floors in the open living and dining rooms, as well as the bedrooms, offer warmth to the gray/white color scheme.

There’s an addition on the back that required a LOT of work, and now it’s a pretty, bright den that opens onto the new deck. A privacy fence has been installed, which is fine, though I have to say that our neighborhood is full of the friendliest people so I hope you’ll hang out on the tidy front porch and wave as the families walk their dogs and ride their bikes down the street.

The master suite — rare for this neighborhood of one-bathroom post-war ranches — has been redone, though it appears that the glass enclosure of the shower has yet to be installed. The bath is divided from the master bedroom by trendy barn doors. 

Two additional bedrooms are served by a hall bath. In the last photo, you can see through the new vinyl window a home next door. That property is, as of this writing, a flip in progress by Jeanna and Patrick McIntyre of New Creation Group. It will be interesting to see how their flip compares to 10226 Eastwood Dr., as the McIntyres have done several investment properties in the neighborhood.

Let’s talk updates: Besides a fresh coat of trendy gray paint, the home has a brand-new 30-year roof, new Low-E vinyl windows, and foundation work. Everything inside, save for the studs and maybe some of the drywall, is brand new. 

What do you think of this record-breaking flip in Casa View Haven?