Drive the streets of Preston Hollow regularly and you might see some famous faces, from George W. Bush and Mark Cuban to former Dallas mayors Tom Leppert and Laura Miller. This is one of the most sought-after and affluent neighborhoods in the city, with gorgeous estates on larger lots and an excellent location just five miles north of downtown.

Ebby’s Little White House and the gorgeous Preston Center office serve the Preston Hollow luxury market.

Developed from farmland in the 1930s, Preston Hollow still has a pastoral feel in many areas. While there is some debate about boundaries, they are generally considered to be Royal Lane, Hillcrest Lane, Northwest Highway, and Midway Road. 

Ebby’s Little White House at Preston and Northwest Highway stands as testimony of the one real estate brokerage that has been local to Preston Hollow since the 1960s, Ebby Halliday Realtors. Here, an outstanding group of top-producing agents serve the community, including some of Dallas’ most elite locales. Ebby also provides exceptional service to Preston Hollow from its beautiful Preston Center Office at 8333 Douglas Ave. The contemporary, recently remodeled space offers experienced, high-quality agents and the latest in technology in a much-sought after Preston Center location. It’s this local expertise and long-standing history in the area that differentiates Ebby Halliday for both buyers and sellers.  

I’ve found three fabulous properties on the market now that will impress with their aesthetic, amenities, and location. Let’s take a look. 

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Dennis Hammett

Ebby Halliday Realtor Dennis Hammett. Photo: Bret Redman

In DFW, the real estate community is a tight-knit group, and I’ve got the scoop on a big move from one of the movers and shakers.

Ebby Halliday Realtor Dennis Hammett is moving from the Lakewood/Lake Highlands office to Ebby’s Little White House this week! He’s making this strategic move to  establish a stronger presence on the west side of 75, starting Jan. 16.

“In order to be more competitive in the luxury markets west of Central Expressway, I have made the decision to make this move,” Hammett said. “This decision was not easy for me and has been filled with a range of emotions because the Lakewood/Lake Highlands family and staff has been the pillar of my success and there are no words to express my appreciation.”

Said Keith Newman, sales manager of Ebby’s Little White House: “We welcome Dennis to the Little White House. He has a proven track record of success that will serve him well as he continues to provide exceptional sales experiences to his valued clients.”

If you remember, Hammett was the 2014 “Rookie of the Year” at Ebby, a well-deserved accolade for a rising star. He’s made his mark in the East Dallas market: Dennis has been named the 2015 Lakewood/Lake Highlands No. 1 Top Producer, a 2016 Lakewood Top Producer, and both 2015 and 2016 D Magazine Best Realtor and Top Producer. All this in his first four years in the real estate business! Can you say natural talent?

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3725 Pageant Place

Interstate 635 is a 37-mile-long partial loop around Dallas, but for some Dallasites, it’s a magical dividing line only crossed with great protest. The area located “outside the loop” is considered a vast no man’s land full of scary things, like suburban malaise and way too many Olive Gardens.

For those who subscribe to that sentiment, today’s Tuesday Two Hundred won’t be frightening at all. The house at 3725 Pageant Pl. is a 4-2 located inside the loop near Marsh and Forest lanes, newly listed by Hanne Sagalowsky at Ebby Halliday’s Little White House office for $239,900.

This 1965 ranch is on a cul-de-sac and has 1,805 square feet, a good-sized backyard with mature trees, and a stone patio covered by a large pergola and a spa hot tub.

3725 Pageant Place

The interior has lots of bright, open living spaces, a wood-burning fireplace, and big bedrooms, as well as blonde hardwood floors in living room, dining room, hall, master bedroom, one other bedroom.

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NE corner Preston Northwest HighwaySteve Brown is calling the intersection of Preston and Northwest Highway the “highest-profile intersection in all of North Dallas.”

Soon, it may be the site of an Texas-sized real estate battle.

If there is a vortex of Dallas, this intersection is it. Sometimes you can even see downtown heading south on Preston. It may also be the highest valued intersection. On the western side is Ebby Halliday’s Little White House, once the town hall of the Village of Preston Hollow. Ebby Halliday herself lives right next door. In that quadrant lies some of the highest priced dirt in Preston Hollow, leafy acreages, mansions and a pond. This is where the late billionaire harold Simmons lived with his lovely wife.

On the east side, however, is a not-so attractive brown, metal-sided complex of 35 years really out of context with the neighborhood.  It has more in common with the Chevron gas station across the street. But along the two blocks that edge Preston Road on the east side, north of Northwest Highway, are charming stone and brick townhomes circa 1960.

This is the area known as the Pink Wall, so named by Ebby Halliday herself, legend has it, who once lived here in the uber cool Jaguar Apartments. There are older, but graceful apartments turned into condos, with kidney shaped pools housing retirees, divorcees and widows. There are two high rises ( the Athena and Preston Towers), a couple of mid-rises and several condo complexes from the 1950s and 60’s.

“It was a very big deal and very prestigious,” Mary Frances Burleson, CEO of Ebby Halliday Realtors, Dallas’ largest residential sales firm told someone, probably Steve Brown. “It was very glamorous to live there.

This is where Gennifer Flowers, the first paramour of former President Bill Clinton to go public, lived in the mid 1990’s, in a place on Bandera.

Behind Pink Wall Preston Tower 1963In 1954, Hal Anderson, the area’s biggest developer, built his first apartment project on the north side of Northwest Highway and put a section of curvy pink-bricked wall out front. Residents in the rental units would say, we live at Preston and Northwest Highway, “behind the pink wall”, probably to indicate which corner. It had a catch to it. You know what happens when one successful development goes up: others follow. Hal Anderson developed the high-rise Athena and Preston Tower apartments in the 1960s, creating upscale living in the Honeypot: others followed.

Imperial House

Correct me if I’m wrong: I believe Curtis Dahl also developed some of the units — like the Imperial House?

While older, most of these condos have large rooms, spacious closets and tiny kitchens – with a servant’s entrance, or a place for the maid to do the laundry outside. (Not all have inside laundry facilities.) They have been kept up beautifully for the most part. This is where many Park Cities and Preston Hollow retirees downsized, especially as development headed east towards Edgemere. God’s waiting room? Some people even joke that once behind the Pink Wall, you are closer to Sparkman Hillcrest.

Well, a real estate firm named Transwestern wants to mow down that brown building right on the corner, and take down the townhomes. In their place: a  luxury rental community of more than 290 high-end rental homes with A $100 million price tag. Cheapest rents would be $2000 a month. And the developers say the homes would be larger units than what you see say in Uptown.

“We are not trying to create something from Uptown at all,” said Mark Culwell, Transwestern’s managing director who’s heading the deal. “We think this is more of a Turtle Creek type project. We are going to have larger home sizes than typical,” he said.

Transwestern has to get new zoning for the eight story high-rise it plans –Addison-based Wilder Belshaw Architects Inc. drafting blueprints –for the corner. There would be two large landscaped courtyards facing Preston. Nice. All parking would be underground, and the northern end of the project (where the townhomes are now) would be three story units. A small park would separate the new luxury apartments from the existing condos on Averill Way and Bandera.

“We are trying to blend into the neighborhood,” Culwell said. “We want to treat this respectfully and get the input of the neighborhood and find out what their fears and concerns are.”

If everything falls into place, construction would start later this year.

How do homeowners feel? Most of the larger complexes just east of this area are condos, most owner-owned, and they fear two things: apartment buildings and tenants. They prefer owners occupying units to maintain quality. Some feel that 8 stories is excessively high, and density of 290 units will clog traffic. Traffic studies need to be done: Northwest Highway and Preston is the vortex of the worst traffic jams in Dallas. Come five p.m., it can take you 35 minutes to get through the intersection. Plus so many retirees live in this area, you have to have eyes in back of your head while driving.

There is talk, too, that the new city councilwoman for the area, Jennifer Staubach Gates, may have an affiliation with the developer.

Full disclosure: I own property on Averill Way, and I have a vested interest in making sure the real estate values stay sound here. Developing — stay tuned.

6125 Averill Way extHere is a listing in The Seville: $185,000 for a two bedroom, two bath first floor unit (1415 square feet) with some updates.6125 Averill Way kitc hen