Those of elephantine memories will recall my writing in 2015 about a 12,370-square-foot shell penthouse at the Vendome. Even though the Vendome was built in 2002, the home had never been finished out. The first owner had purchased three penthouses with the intention of creating a singularly spectacular home 20 stories above Turtle Creek. It never happened and was put on the market a decade later – after having paid an estimated $1.5 million in property taxes and HOA dues.

Flash forward and the combined space was purchased by an investor who has returned them to a trio of penthouses that are being finished out as you read. The framing and drywall are up and so it was time to take a peek. They’re still nothing more than large empty spaces so not a lot to see. But there are floorplans, which are immensely helpful to understand the flow of each unit.

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Ebby Halliday Helps Buyers Navigate the Luxury Home Market in DFW | CandysDirt.com

The home at 5378 Buena Vista Dr. in Frisco exemplifies the kind of million-plus properties driving the DFW luxury home market.

Sales of million-dollar homes in North Texas grew 37 percent in the first half of this year, according to data from the Real Estate Center at Texas A&M University and the North Texas Real Estate Information Systems.

Ebby Halliday Realtors plays a leading role in that growth. The widely admired, locally owned company is an advisory board member of Luxury Portfolio International, the luxury marketing program of the Leading Real Estate Companies of the World network with more than 128,000 sales associates around the world. This allows the company to expose luxury properties to buyers on six continents, ensuring there are more eyes on every property. In addition, Ebby Halliday receives inbound clients from other affiliates around the globe who are interested in purchasing a home in North Texas.

So what kind of properties are driving the DFW luxury home market? I’ve found three that exemplify the size, quality, and locations that appeal to buyers from around the world who end up calling North Texas home.

 

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