001_Building ExteriorThe city of Lewisville is spending millions of dollars to revitalize its historic downtown area, and developers are flocking to the northern suburb. Today’s Tuesday Two Hundred takes us to the Belleville Village development near East Main Street and East Mill Street, to a new townhome at 313 S. Kealy Street.

Listed for $209,000, this three bedroom, three-and-a-half bath, two-story townhome is 1,827 square feet, one of six like it coming on the market in Uptown Village Lewisville. The brick exterior mirrors the look and feel of downtown Lewisville, and the aesthetic is a historic, urban look.

“This is going to be a walkable area, like Shops at Legacy or in Coppell,” said David Maez, Broker and Co-Owner at VIVO Realty, which represents the developer. “Our company really wanted to showcase the lifestyle that this development and downtown Lewisville will offer.”

002_Corner Entrance

The revitalization of downtown Lewisville is currently underway and will feature new restaurants, shopping, public space, and mass transit. Uptown Village Lewisville is part of the transformation. We’ll take a look later this week at the exciting changes happening in both downtown Lewisville and at Lewisville Lake. Jump to read more about this property! (more…)

In a meeting with a major North Texas developer this week, he said to me: “I do not like Rick Perry all that much, and I do not think he is very smart. However, he is sending out a great message about Texas and we are getting all sorts of out-of-state interest in our properties. So do I support him for the White House? Heck yes!”

When it comes to politics, people often vote with their checkbooks or, in the case of this election,  negative wallet biopsy. Make that negative home equity biopsy. And like Bill Griffin says, there are so many rules and regs that haven’t even been written yet, no one knows what’s coming down the pike! Anyhoo, I was on NBC’s NonStop Nightly last night with precious Jane McGarry talking real estate, Case Shiller and CoreLogic, and how Perry’s campaign is putting the Texas economy AND real estate in the spotlight. People in other states are wondering what we are doing right that we have jobs and 30% of our homeowners are not underwater on their mortgages. Truth is, we have a lot less regulation that most states and we limit how much Texas consumers can borrow against their homestead. In fact, it wasn’t too long ago that Texas homeowners could not borrow one dime against their homestead!

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