Many have been captivated by Mistletoe Heights, a venerable early 20th century Near Southside neighborhood. The fabled Wagner ranch family had a Fort Worth home here. Trendy design blogger and soon-to-be television star, Grace Mitchell, launched her design career by lovingly embellishing her Mistletoe Heights digs. Perfectly manicured lawns bear witness to a completed gentrification of a quarter which, only a decade or so ago, looked a bit dog-eared. In fact, the area is pretty hot (what in city neighborhood isn’t in todays market?). The Mistletoe Heights listing I began writing about this week sold before I could post — an annoying scenario to which  I have become accustomed. Very well. Moving on I find 2305 Irwin Street. (more…)

“Eight minutes from Main Street — paved all the way!” So said the boosters for Oakhurst in the 1920s. Always in search of the ever more elusive starter home, a post on Oakhurst, a neighborhood just east of downtown on the National Register of Historic Places is long overdue. Add into the mix a proud neighborhood association, attractive parks, and close proximity to the Trinity Vision Project, and the future for Oakhurst looks better than bright.

With charming street names like Primrose, Bluebonnet, and Mapleleaf  and quaint cottages from the 1920s through 1940s Oakhurst is reminiscent of Oak Cliff with pricing where Oak Cliff was a decade or so ago. But if you want a piece of the area you had better hurry. Upscale development has already begun along Oakhurst Scenic Drive which will only serve as a catalyst for further development and put additional upward pressure on prices.

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Not for the first time, a traffic detour routed me past a property for sale so appealing that I postponed my planned post in favor of another listing, this time at 2264 Lipscomb, at the edge of Fairmount. Cute it is, with all of the Fairmount charm in spades, but my jaw dropped at the listing price of $499,000. Further investigation, revealed that Lipscomb is a member of a small, but growing club of Fairmount properties priced at or above $500,000. Even a real estate blogger can be caught off guard in the fast moving target of a hot real estate market.

In the 500 club is 2014 Fifth Avenue, under contract and priced at $539,000. David Folsom of the Folsom Team is offering a charming Fairmount bungalow at 1700 Fairmount Avenue for $520,000. Also bumping against the 500 bar is 1626 South Adams Street originally offered for $520,000, now priced at $489,000.  (more…)

For a Ryan Place bungalow, 2625 South Adams unquestionably packs a lot of captivating design punch. From the appealing exterior color scheme, to the enclosed porch with unique under-eave fenestration, the house has not so much been remodeled as reimagined. We’ve run into the creative spirit behind the renovation before. Seasoned rehabber Terri West has excelled herself in this, her latest effort, by reclaiming and maximizing every square inch of usable space in the 2,800-square-foot house.

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We’ve covered the scant stock of market-entry housing in Fairmount, so when we find a completely renovated, move-in ready, two-bedroom, two-bath charmer at $275,000 on a popular street, it’s, well, news.

Add into the mix that the newly minted firm Motive Real Estate Group is as newsworthy as the property they are brokering. More on that later. The nearly 100-year-old bungalow at 1711 South Henderson Street was given a total makeover in 2105 and now is as fresh as the nautical blue paint which enlivens its exterior.

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Hemphill

Over lunch last week, I discussed my recent post on the premium price of housing stock in Fairmount with Karly Johnston — yes, that Karly Johnston, named by Fort Worth Magazine as one of Fort Worth’s most beautiful women, creator of one of the most followed lifestyle/real estate websites in the city, Selling the Fort, and savvy real estate professional.

“Fairmount has priced itself pretty much out of the starter home category,” I said. “What’s the next coming thing?” I asked.

“I’ve lately been farming Hemphill Heights,” she chirped.

“Farming?”

“Realtor speak for exploring, investigating, developing,” she explained.

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South Adams

We haven’t looked in on historic Fairmount for some time. Only a block or so from my Ryan Place home, the vibe and demographic is oh so different. And the Fairmount phenomenon, as I have dubbed it, continues to intrigue.  Is Fairmount becoming a victim of its somewhat unforeseen success? Solid city investment, the re-blooming of Magnolia Street, analogous to Bishop Arts in Dallas, and an extensive inventory of Craftsman-style houses that have been embraced by a new generation have sent values soaring.  With pricing now at $200 per square foot, Fairmount is slipping out of the starter home category. According to Realtor.com, median price has more than doubled in the past three years from $184,000 to $392,000. (more…)

Windsor Place

It’s rare when a two story on a desirable Berkley Place street comes up for sale, so when I saw a sign in front of  2224 Windsor Place, I felt compelled to write about it.

Well, on the market last week under contract this week — priced at $630,000, it sits at a market-moving sweet spot. It doesn’t hurt either, that the center of gravity in Fort Worth is shifting with new development in Edward’s Ranch, Waterside, and Clearfork, just west of its venerable Near South Side neighborhoods. The interest that this property garnered and its short duration on the market  suggest that the 2,749-square-foot house may have been underpriced even though it falls within the average $230 per square foot range for the neighborhood.

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