LAKESIDE DFW DEVELOPMENT UPDATE 11/27/19:

CONSTRUCTION TO BEGIN ON LAST PHASE LAKESIDE VILLAGE

Developers secured $41 million in financing to move forward with the last phase of Lakeside Village in Flower Mound, TX.  The 40-acre Lakeside Village development will include shops, restaurants, offices and residences on Grapevine Lake and will be the final phase of the 165-acre lakeside DFW development on Long Prairie Rd. on the northeast shore of Grapevine Lake.  Construction is set to begin in early 2020 and will include an amphitheater, bluff trails, six restaurants, wedding chapel, new streets, underground parking garage, sidewalks, landscaping and other public amenities.

The $41 million project with lay the groundwork for one of the most

If you’re looking for the right new construction home in Red Oak, chances are your search will begin, and likely end, with these 3 communities…

The Woods of Red Oak 

The Woods of Red Oak provides luxury, new construction homes in a charming, small town setting. And along with top-notch schools and low taxes, homes in The Woods to Red Oak are also close to Interstate 35E, allowing for a straight shot up to Downtown Dallas as well. 

Estates of Cole Manor

Estates of Cole Manor is one of Red Oak’s newest residential communities and the homes within are among the most desirable as well. Floor plans are expansive hand have up to 5 or 6 bedrooms, while lot sizes are also quite generous, allowing for plenty of space and privacy both inside and out. 

North Forth Worth has been one of the fastest growing parts of DFW in recent years and a massive new residential development that’s being planned should keep that trend moving in the same direction for the foreseeable future. 

According to reports, Dallas-based PMB Capital Investments has purchased more than 3,400 acres of land for a 10,000 home development, which will be located near where State Highway 114 and U.S. 287 intersect. 

As noted by the Dallas Morning News, the estimated cost of the development is more than $3.5 million, and when finished, it’ll be one of the largest residential communities in the region. 

Right now, developers are still working with local officials on entitlements and infrastructure for the development but the

Check out the latest October 2019 housing statistics for the Dallas-Ft. Worth, TX real estate market!  Inventory, home sales and home values are up over October 2018.  Housing stats include October 2019 updates for Dallas, Collin, Denton, Rockwall and Tarrant County.  View October 2019 changes in DFW home and condo sales including new listings, active listings, average days on market, average home prices, dollar per square foot averages and total number of sales.  The DFW real estate market remains strong and one of the top housing markets in the U.S.

Dallas County, TX October 2019 Home & Condo Stats

Collin County, TX October 2019 Home & Condo Stats

Denton County, TX October 2019 Home & Condo Stats

Rockwall County, TX October 2019

North Texas home values are at record levels right now so it’s hardly surprising that nearly 1,400 million-dollar homes have sold in DFW so far this year. 

But even despite that kind of sales volume, the luxury residential market in Dallas is far behind many other major cities and only ranks 21st among U.S. markets with the most million-dollar homes.

According to data from Lendingtree, just over 2 percent of Dallas homes are valued over $1 million, while the median single-family home price sits at just $270,000. 

For comparison, more than 56% of home sales in San Jose exceed the million-dollar threshold and 42% of homes in San Francisco trade above that level too. 

But towards the end of this past summer, only about 1,500 homes actively listed

New construction has been on the rise in suburban Waxahachie and if you’re planning to be in the market for a new home soon, here’s a closer look at where you’ll find some amazing new homes currently under construction in the area…

Spring Creek Grove

If you’re looking for an established community that still has a few new construction opportunities available, Spring Creek Grove might be the ideal place to start your search. Homes sit on large lot sizes and most have at least 4 bedrooms and over 4,000 square feet as well.

Legacy Estates

A new community that seemingly has it all, Legacy Estates features a fabulous mix of single-family homes with between 2,800 and 3,700 square feet. Like Spring Creek Grove, most homes sit on expansive, 1-acre lots

DFW ranks 4th most popular metro to metro migration destination by CommercialCafe, a nationwide commercial real estate listings platform apart of Yardi Systems.  Using U.S. Census bureau data, CommercialCafe was able to determine the top 10 most popular destinations for metro to metro migration which accounts for many of the population shifts. 

Among the many reasons why people gravitate to DFW include natural resources, construction, low taxes and career opportunities.  The Employment sector in DFW is on fire with many Fortune 500 companies setting up shop and establishing new corporate headquarters including American Airlines, ExxonMobil, AT&T and Toyota just to name a few.

With this data, a few key takeaways were determined:

• Dallas-Fort

Dubbed the SoCo Urban Lofts, SoCo being short for “South of Commerce”, if you’re looking to combine affordability with an authentic industrial look and feel, there’s no better place to begin your search than right here at 1122 Jackson Street in the heart of Downtown Dallas across from the Federal Building. 

SOCO URBAN LOFT AMENITIES:

SoCo urban lofts in Dallas feature authentic urban loft amenities including exposed ductwork, concrete flooring, brick walls, rail interior doors and open loft floorplans.  Have a pet, no problem!  Soco Urban Lofts at 1122 Jackson in Dallas are pet friendly welcoming dogs and cats!

SOCO LOFT HISTORY IN DALLAS:

Originally built back in the early 1920s and once a former warehouse and Santa Fe Railroad terminal, many

Although the rental market in Frisco is loaded with luxury single-family homes, it’s also a location that should be intriguing for anyone looking for a great apartment. 

Situated about an hour north of downtown Dallas, Frisco is perfect for those wanting more of a laid-back suburban setting, but still would like to be close enough to enjoy all the benefits, amenities, and attractions a city like Dallas has to offer. 

One desirable apartment option you’ll find in Frisco is Times Square at Craig Ranch, a relatively new complex that offers a variety of floor plans, affordable rates, and plenty of amenities for residents to enjoy. 

Inside Times Square at Craig Ranch 

Apartments at Times Square at Craig Ranch have stainless steel appliances, faux

Luxury home sales have been on the rise for several years in North Texas but new data is suggesting that trend may be coming to an end. 

In 2018, area real estate agents sold a record 1,743 million-dollar properties. This year, 1,382 million-dollar homes have sold through the first nine months, which essentially equals no change compared to last year. 

Furthermore, inventory for ultra-luxury homes is up roughly 5% right now, further pointing to a bit of a slowdown for this particulate segment of the market. 

Over the last few years, sales for million-dollar properties have seen double-digit percentage increases. But earlier this month, more than a dozen DFW-area mansions were listed on the market for an asking price north of $10 million.