Midway HollowBecause of its size, Midway Hollow is still one of those neighborhoods that probably has something for just about anyone. Bordered by Walnut Hill, Midway Road, Northwest Highway, and Marsh Lane, you can find homes in price points as low as $250,000 all the way to the millions.

This week, we’ve found three houses in three different price points in the bustling, hot neighborhood of Midway Hollow — all having open houses this week. You’re going to want to make time to visit the three houses we’ve found for our CandysDirt.com Open Houses of the Week column, which range from $439,000 to $1,095,000.

Renovated Midcentury Cottage Walking Distance to School

Open house: Sunday, Jan. 20, 1 p.m. to 3 p.m. (more…)

Grenadier

Whether you’re looking at retirement and downsizing, or you’re a first-time buyer looking to get into a popular development in Prosper, a new partnership between Grenadier Homes and California-based The Resmark Companies has right-sized, right-priced options.

The two have partnered to develop 198 single-family attached townhomes in two neighborhoods at Windsong Ranch in Prosper. It will be the only remaining development planned in the master planned community.

Resmark and Grenadier will partner on the second phase of the successful Villas at Windsong Ranch community for the development of 88 single-family attached one-story villa townhomes. A new townhome line of 110 single-family attached two-story townhomes within Windsong Ranch will also be part of the investment.  Sales are expected to begin in summer 2019 with first occupancies in late 2019 and completion in summer 2023, a joint statement from the companies said.

Resmark is based in Los Angeles, but has offices in San Diego and Irvine, California, Austin, Texas, and McLean, Virginia. Grenadier is Dallas-based.

“This is our first investment in Dallas,” Michael Zarola, Senior Vice President of Investments for Resmark’s Land and Housing division, said in a phone interview. “And without it sounding like a sales pitch, what we really do kind of focus on partner first and real estate second.” (more…)

InstagramIt’s no real secret — Realtors love Instagram. We do, too — it’s a great way to pique interest in a home, tell a story, and more.

In fact, are you following us there? Because you probably should.

This week’s Tuesday Two Hundred comes from Monument Realty, who tagged us last week to let us know about this five-bedroom, two-and-a-half bath, Traditional home in the Forest Ridge neighborhood of Garland.

(more…)

luxury family compound

Just when you think you can’t be blown away by a Monday Morning Millionaire, we discover not just one, but two homes built next to each other on the best street in town. That’s right — this is a Beverly Drive luxury family compound.

The Kennedy or Bush family compounds probably spring to mind, but when you are talking serious luxury, it pales in comparison to this luxury family compound on 3414 and 3412 Beverly Drive.

What constitutes a luxury family compound? It has been commonplace in New York to expand into floors above, below, or next door to create enough space for grandparents and guests. So, when does a house become a compound? Technically, a compound constitutes multiple houses on a single property. In reality, luxury family compounds can be made up of a single home next door like this one. That is if you can find two lots next to one another.

I wrote about 3414 Beverly a little over a year and a half ago, when builder Robert Elliott finished the home. You can read all the lovely details here. When I went scrolling for today’s Monday Morning Millionaire, I frankly did not recognize the house, until I got to the photo of the courtyard.

(more…)

marketWhy does Texas have the largest number of home buyers priced out of the new home market? What are the Fed’s plans for the interest rate? We look at this and more in this week’s roundup of real estate news.

$1,000 INCREASE ELIMINATES MANY FROM NEW HOME OWNERSHIP

Texas has the largest number of homebuyers that would be priced out of the new home market if the cost increased by $1,000, the National Association of Home Builders said last week.

Nationwide, a $1,000 increase would push 127,560 prospective buyers out of that market, while in Texas, it would push out 11,152 households, more than California at 9,897.

That threshold is met when, based on income, those households would not be able to qualify for a mortgage after a $1,000 price increase. (more…)

From Staff Reports

According to the U.S. Census Bureau’s American Community Survey, many states have barely recovered from the housing crash in 2007 when the real estate bubble burst, a data visualization HowMuch.net revealed.

“In fact, the housing market is still below its 2007 figures in several locations around the country,” the cost information website said of a comparison of 2007 data and 2017 data.

The website’s analysts looked created a way to see before-and-after snapshots of the housing market before and after the Great Recession.

“Before the housing bubble burst, the most affordable housing market was sandwiched in the middle of the country between the expensive West and East Coasts,” the article explained. “Stretching from North Dakota ($106,800) down to Texas ($120,900), housing prices were relatively cheap. California was the most expensive state on the mainland where the typical house cost an eye-popping $532,300.” (more…)

m streetsIt’s always nice when newer construction in an established neighborhood blends right in with the historic homes, like this M Streets Craftsman-style home we found for this week’s Saturday Six Hundred.

Built in 2009, this home at 5322 Miller Ave. has all the curb appeal and character of some of the much older Craftsman homes in the M Streets and Vickery Place areas, but the modern practical details like smart home features.

And it’s been beautifully done both inside and out, with an open-concept floor plan for the common areas that is bright and cheerful. Casement windows bring in tons of natural light, and hand-scraped hardwood floors are throughout the home.

(more…)

uptownWhen Leah Nolan told us she and her husband were listing their Uptown condo, she was a little wistful.

And that’s understandable. Her cozy one-bedroom, one-bath home, 3311 Blackburn St. #215, is a perfect spot for someone looking to enjoy some of the best Dallas has to offer, with an affordable price point that gives them entry into what can be a pretty spendy housing market.

“We walk or Uber to the grocery store, for haircuts, and to bars and restaurants,” she said. “It’s just minutes from the highways, we have great neighbors, a pool, and it’s steps away from the Katy Trail and West Village, for the same price that we were paying for rent.” (more…)