Let’s take inventory. Park Hill, University Place, Colonial, Tanglewood, Overton, and River Hills. Add into the mix Neiman Marcus jumping the West Freeway for Clearfork and you begin to ask is 76109 the new 76107? I’ve been wanting to write about a house in University Place for a long time but properties here rarely seem to come to market. At the Dirt, we like to stay on top of things, so when a listing in University West, at 2544 Boyd Avenue came on the market, 10 hours ago, we were on it.
Time and money. This property was listed less than two years ago for $675,000. Prescient to have bought then. Renovations, a plumb location in the Tanglewood school district, and a red hot market have nearly doubled the value of this home. And my prognostication? That this property is probably conservatively priced and that it will move quickly. (more…)