Jon Anderson

An award-winning columnist, Jon has earned silver and bronze awards for his columns from the National Association of Real Estate Editors in both 2016, 2017 and 2018. When he isn't in Hawaii, Jon enjoys life in the sky in Dallas.

PD-15 Traffic Study Shows Little Impact From Proposed Development

By Jon Anderson / May 23, 2019 /

If traffic is the major argument against redevelopment in PD-15, a new study could render it moot. The traffic study, conducted by Pacheco Koch and funded by the Preston Place condos, was posted online Tuesday and makes for interesting reading. The map above shows the study area bounded by Preston Road, Northwest Highway, Walnut Hill,…

Very Good? DCAD Ratings Show a Deep Divide Over Desirability

By Jon Anderson / May 16, 2019 /

The Dallas Central Appraisal District and I have very different opinions on what is considered “desirable,” it seems. Last year I began to notice a change in how DCAD valued certain multi-family and high-rise condo properties. Specifically, I noticed that The Warrington units of the same floor plan and judged as being in the same…

The $2 Million Swing: DCAD Valuations for Slice of Fitzhugh Avenue Revisited

By Jon Anderson / May 14, 2019 /

How could it be that in Dallas neighborhoods booming with redevelopment, that multifamily properties and investment properties haven’t seen any increases in their appraisals? Last week, I wrote an update on the DCAD valuations for properties that are part of a block on Lemmon Avenue that was to have been the site of a Central…

Coming Soon: Studs-In Athena Renovation Renews A Classic

By Jon Anderson / May 12, 2019 /

The Athena is one of those buildings with really good, quite large floorplans coupled with HOA dues that pay for everything including utilities, cable, and internet. Located in Preston Hollow, it’s perfect for those downsizers not wanting to leave the area as well as those seeking easy access to the Dallas Tollway and Central. However,…

After Three Years of Gross Undervaluation, DCAD Rings up HEB’s Lemmon Ave. Properties

By Jon Anderson / May 10, 2019 /

Perhaps commercial property owners will soon be paying their fair share of property taxes if this news from the Dallas Central Appraisal District is any indication. Last June, I reported that HEB owned a block of Lemmon Avenue between Reagan and Throckmorton Streets that was to have been a new Central Market. Those plans shifted…