When Svetlana Grujic of Compass alerted us to this beautiful bargain in Dallas’ hot East Village, we couldn’t wait to share it!
“This is the last Conrad home in the low $500K range,” she says. “Everything else they are building is $650-plus just down the street.” And Svetlana is right. She tells us that 90 percent of the lots on Manett Street are new construction that will be completed by the end of the year, and all of them are in high $600,000 range.
So what makes this one special or unique?
Svetlana says, “No HOA and a big yard are a rare find in Uptown or East Village. The location makes land too expensive for single-family homes. But this one has it all – location, no HOA, open floor plan, only two stories, big yard for pets or a hot tub, and room for grilling or chilling.”
“Manett Street is one of the hottest streets in East Village right now,” Svetlana adds. “It’s just off US 75 and Fitzhugh, within walking distance to Henderson Avenue, and minutes from Deep Ellum and Downtown. Every lot on the street has coming soon new construction that will be priced around $700K, making this home the best investment.”
To put that in perspective, lots are currently for sale at around $450,000 to $550,000, and that is before the teardown plus $300,000 to build a home. Svetlana says another huge advantage is that “there are two mixed-use projects coming soon just two blocks south of this property.” This will include new shops, restaurants, and apartments, further upping the value for potential homeowners.
It’s an entertainer’s dream!
And with its sophisticated design and spacious open layout, the East Village home is an entertainer’s dream! Among the highlights is a top-of-the-line gourmet kitchen with oversized quartz island, convenient butler’s pantry, soaring ceilings, and tons of natural light.
Dramatic double doors in the living open to a private backyard with gorgeous wood fencing. In the elegant master, you’ll enjoy a huge walk-in shower and free-standing tub. Plus, the home offers energy-efficient construction. This includes foam encapsulation, insulated walls, and stylish Combi Shades throughout.
We love the chic concrete floors, walls of glass bringing the outdoors in, and crisp white walls. The thoughtful layout encompasses 1,950 square feet, with two master suites, sleek spa baths, and a two-car garage.
Rare opportunity to gain fast equity in a hot neighborhood
Svetalana says it’s perfect for “Singles or coupled-up young buyers, and first-time homebuyers looking for fast equity.” Get it while it’s hot y’all!
Svetlana Grujic with Compass has listed 4705 Manett Street for $540,000.