9911 Estate Ln If you want to see the power of a smart renovation to increase a home’s market value, look no further than today’s Thursday Three Hundred, a Lake Highlands reno at 9911 Estate Ln.

This ranch-style house sold in August 2010 for $190,000. Today, it’s listed by Travis Finlan at Ebby Halliday for $350,000.

Obviously, the market has changed dramatically in the past five years, and the increase also reflects the popularity of the Lake Highlands area. But the renovation helped change it from a dud to a stud.

This 1962 home is a 3-3 with 1,753 square feet, located in the North Lake Estates neighborhood near Audelia and Walnut Hill Lane. The house is zoned for Richardson ISD, consistently ranked near the top of all Texas school districts.

The updates started with a total interior gut and larger overall footprint that includes hardwood floors, granite countertops, stainless steel appliances, customizable Elfa shelving, low-E windows, tons of storage, and a hardwired security camera system with smartphone viewing capabilities. Let’s take a look inside.

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1505 Elm

There’s a new downtown property on the market that’s got the kind of luxury amenities you usually see on Turtle Creek, but for under $300K: a sixth-floor corner unit on Elm Street at North Akard with a stellar view, modern interior, and prime location.

The condo at 1505 Elm St. #604 is pretty much everything I imagine people desire in a downtown Dallas address: big, open floorplans; high-end appliances; awesome amenities; and easy access a DART light rail station across the street.

This 1-1.5 with a study is 1,482 square feet, listed by Gregory Iker at Dave Perry-Miller Real Estate for $235,000.

1505 Elm Y

Dallas architect George Dahl designed 1505 Elm, which was constructed in 1957 and served as Dallas Federal Savings bank for years before being abandoned. In 2002, it was part of the first wave of residential redevelopment in downtown Dallas, bringing 68 units to the market.

They didn’t cut corners in this building: it has an incredible level of amenities, which helps explain the whopping HOA fees of $1,001 per month. But those fees earn access to a 24-hour concierge, valet parking for residents and guests, a pool, sauna, private dog run, fitness center, Moroccan-style party room with billiard table and caterer’s kitchen, three high-speed elevators, and a super cool former bank vault that is now a wine cellar with a large dining table and individual wine lockers for residents. There’s even access to downtown tunnel system through lobby.

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