We live in a world where “cute” means “small.” A “fixer-upper” might be in shambles. If the school district isn’t mentioned in the first paragraph of the listing, it could be a problem.
But put your preconceived notions aside and rest assured there will be no surprises with this Rental of the Week. This Preston Hollow gem is exactly what it says it is: Affordable, comfortable, and safe.
It’s in a wealthy neighborhood with the top tier of Dallas’ housing stock. It’s on the market for $660,000 but if you’ve got commitment issues, it’s also rentable for $7,000 per month.
The contemporary/modern home at 4231 Merrell Road was built in 1952. It’s completely remodeled and ready for move-in; no ambiguous adjectives needed; no surprises waiting around the corner.
Dallas Rental Rates On The Rise
A recent report from Zumper showed that in February, Dallas ranked as the sixth most expensive rental market.
But as we’ve already pointed out, sometimes it’s worth reading the fine print.
The report primarily studies one-bedroom units, which remained flat at $1,160, while two-bedroom units fell less than 1 percent to $1,580.
A pretty solid argument can be made that a consumer seeking a one-bedroom apartment is probably not the same person who wants a three-bedroom, two-bathroom home in Preston Hollow.
However, rental houses are an excellent option for a young couple trying to see how their budget can stretch now that their incomes are merged. Apartments – especially one-bedroom units in the $1,000 per month range – are better suited to college students and young professionals trying to make a dent on their student loans.
Money is always a factor when looking for a place to live, and $7,000 may sound steep to some – but look at what you get. The Merrell Road house has its own private pool, a 6,403-square-foot lot, and large backyard with low-maintenance landscaping.
What Else Is New?
Because the house was constructed in the ’50s, it’s worth noting that several updates have been made over the years.
The kitchen and bathrooms were renovated in 2016, and modern upgrades were made to the master bathroom and closet. A third bedroom is currently used as a study, but what you do with your space is up to you.
An immaculate garage and storage shed are all yours.
And here’s the best news you’ve heard all day. Make an offer, and the furniture comes with it.
So, go ahead and scroll back through those photos. We’ll wait.
Nicole Andrews with Nicole Andrews Group is leasing 4231 Merrell Road, Dallas, for $7,000 per month.