As we wrote about last year, the intersection of Preston and Northwest Highway is one of the highest-profile in all of North Dallas (and probably one of the highest-valued, too).

It’s not just the current real estate prices of Preston Hollow that give this area its prestige—the intersection has a fascinating history.

The northeast quadrant has a wavy, pink brick wall, and to live “behind the pink wall” was an address with serious social cachet in midcentury Dallas (legend has it Ebby Halliday herself coined the phrase).

The pink wall was built in 1954 by developer Hal Anderson in front of his first apartments; he later built the high-rise Athena and Preston Tower apartments next door. Parts of the wall might be a bit faded now, but to live here in the 1950s or 1960s was to have arrived. (You’ll likely get raised eyebrows if you talk about the real estate “behind the pink wall” to a young person, but older folks will remember the phrase well.)

Today’s Tuesday Two Hundred takes us one block north to 6126 Averill Way #208W, located in the Imperial House Condominiums, built around the same time, 1964, by Sid and Ada Lynn, with George Dahl as architect. These charming French-style condos have a fanciful, throwback feel, with a grand, circular staircase, domed ceiling, and retro metalwork in the entryway. Can’t you picture Betty Draper from Mad Men gliding down the stairs in kitten heels on her way to cocktail hour?

6126 Averill

Unit 208W is located on the second floor (there is an elevator in the building, as well as those stairs), a two-bedroom, three-bathroom condo with a roomy 2,134 square feet. It is newly listed by Peter Livingston at Realty One Group Partners for $239,000, or $112 a square foot.

Unit 208W has plenty to offer a buyer, but parts of it are a bit dated need freshening. A similar size, but renovated, unit in Imperial House sold last November for $345,000, or $139 a square foot. If that sale tells you anything, it’s that you could make the upgrades on this unit and see a return on your investment. Jump to read more and see photos!

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I love a little French flair here and there, and this Highland Park mansion has tons of charm that will rope in any francophile!

Built in 2002, 3608 Lexington just went on the market and is represented by Ronda Needham of Dave Perry-Miller and Associates. There are seven bedrooms, six and a half baths, a two-bedroom guesthouse, and a third-floor gameroom connected by a gorgeous winding staircase that makes this home feel like an estate in Bordeaux.

You know all about Highland Park schools, so when I tell you about the $5,795,000 price tag, you know that location alone will keep this home’s value up. The lot, which is a half acre, is just a half mile from the Highland Park Town Hall and DPS headquarters on Drexel, too.

Besides that, this house is just plain beautiful. I love (and I know Candy will, too) this kitchen. The royal blue cabinets are incredible, and there are two potracks, so you know this is a well-used galley!

Other things about this house to love: A huge master suite and a palatial master bathroom, expertly manicured grounds, and a backyard that’s excellent for a gathering of most sizes!