Old Lake Highlands MidcenturyHome sales in North Texas broke a record last month, with more than 10,500 sold in June, shattering the previous record by 1,000 houses. East Dallas is faring particularly well, with sales up 10 percent from last year, according to the latest sales figures from the MetroTex Association of Realtors.

Today’s Tuesday Two Hundred takes us to a property East of White Rock Lake that helps us understand why homes in the area are selling in 22 days on average. (I’ll bet this one goes under contract even faster than that.)Old Lake Highlands MidcenturyThe Old Lake Highlands midcentury at 703 Kirkwood Dr. is newly listed and sits on a heavily treed corner lot, walking distance from White Rock Lake. It’s a 3-2 with 1,632 square feet, built in 1955 and listed by Jan Chavoya at Ebby Halliday Realtors Frisco for $299,700. (The owners recently updated the electrical panel and security system, too.)

MetroTex reports that the average price now for an East Dallas house is $399,230 (a 19 percent increase over last year), so this is a find at under $300K. Let’s look at the updates and features that make this midcentury house a gem.

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