9-figure investment aimed at Fort Worth Stockyards

The business and civic leaders holding the keys to the future of the Fort Worth Stockyards plan a large second phase of development, a possible $630M investment.

The business and civic leaders holding the keys to the future of the Fort Worth Stockyards plan a large second phase of development, a possible $630 million investment, it was revealed June 11 during a presentation to Fort Worth City Council.

Fort Worth Heritage LLC, a collaboration between Majestic Realty Co. and Hickman Cos. and development partner M2G Ventures, aims to add about 300,000 square feet of commercial space to the area, which sees about 9 million visitors a year. On the way could be new hotels, a multifamily community, two underground garages and improvements to the area including green space and amenities, according to the public presentation.

Click here to read the full article
Source: Dallas Business Journal

—

If you have any questions or thoughts about the topic, feel free to contact us here or leave a comment below.

Dallas home prices skyrocketed 142 percent in 10 years, report reveals

Among US cities within the last decade, Dallas saw the biggest increase in housing prices with median home prices skyrocketing up to 142%.

A new real estate report confirms something that Dallasites pretty much suspected: The city of Dallas saw the biggest increase in housing prices among U.S. cities within the last decade, with median home prices skyrocketing up to 142 percent.

The report by online real estate database PropertyShark analyzed median home sale prices in 41 of the most populous U.S. cities and locales in 2014 and 2023. According to the study, the median sale price of a home in Dallas in 2014 was $127,000. A decade later, median housing prices in the city more than doubled, landing at $307,000 in 2023.

Click here to read the full article
Source: Dallas Culture Map

—

If you have any questions or thoughts about the topic, feel free to contact us here or leave a comment below.

This Fort Worth charmer is even better than its photos

This Fort Worth charmer is under $400,000, and adorable. This house was built in 1947 and its updates have kept the home’s original charm.

Tap the brakes. You gotta see this Fort Worth charmer. It’s under $400,000, and adorable.

“It’s darling,” said listing Realtor Debbie Byrd with League Real Estate. “Every time someone comes into the house, they always say ‘Wow, it’s better than the picture.’ “

This home is in the desirable 76107 ZIP Code. Built in 1947, it comes with a list of upgrades and renovations made in the past four years. The current owners of this three-bedroom, two-bathroom home have touched everything from baseboards to appliances, Byrd said. The improvements even include the unseen but important things like the water heater and sewer line.

Click here to read the full article
Source: CandysDirt

—

If you have any questions or thoughts about the topic, feel free to contact us here or leave a comment below.

Are housing pressures easing in Dallas-Fort Worth?

While the nation’s prices climbed 6.5% year year over year in March, the Dallas-Fort Worth area saw a softer 3.6% increase.

The housing market has been so red-hot in North Texas that even a slight cooling is hard to detect. But we are glad to see signs that supply might be at least catching a glimpse of demand after years of running far behind.

Houses are still moving. Real estate reporter Nick Wooten told us earlier this month that the Dallas-Fort Worth area “ranked second in the nation for homes sold and active home listings last month, trailing only New York as the spring selling season heats up.”

And prices are still on the rise, Wooten wrote.

Click here to read the full article
Source: The Dallas Morning News

—

If you have any questions or thoughts about the topic, feel free to contact us here or leave a comment below.

Dallas on the market: A rare, revitalized craftsman on Swiss Avenue

4610 Swiss Avenue stands as a beautiful example of the Craftsman bungalows that have populated the storied neighborhood since the early 1900s.

Swiss Avenue in Dallas, the very first Landmark Historic District in the city, conjures images of stately manses and extravagant examples of Italian Renaissance and Neoclassical architecture. But beyond the palatial estates, a handful of quainter dwellings also call the legendary street home. Located in the Peak’s Suburban Addition, 4610 Swiss Avenue stands as a beautiful example of the Craftsman bungalows that have populated the storied neighborhood since the early 1900s.

Better yet, it’s been lovingly revived in honor of its original owner, Jacob Reikenstein, a leader in Dallas’ retail lumber trade who, naturally, filled his home with only the finest woods. In the 1930s, Reichenstein would work with architects Marion Fooshee and James Cheek, the designers of Highland Park Village, to build his family’s home (now a historical landmark) on Cedar Springs Road, but Reikenstein’s Dallas real estate journey reportedly began on Swiss Avenue in 1915. And fortunately, it would eventually fall into the hands of local realtor Kristen Martin.

Click here to read the full article
Source: Paper City

—

If you have any questions or thoughts about the topic, feel free to contact us here or leave a comment below.

D-FW fly-in community to become one of nation’s largest after expansion

Pecan Plantation has added a 2nd runway on the eastern side of the development and is selling homesites with direct & taxi access to the strip

A Dallas-Fort Worth fly-in community will become one of the largest in the nation once its expansion is complete.

Pecan Plantation, located in Granbury about 35 miles southwest of Fort Worth, has added a second runway on the eastern side of the development and is selling homesites with direct and taxi access to the strip.

Half of the new lots have already sold, said Zach Milton, a land consultant with Patten Properties, the Florida company behind the project. Of the 120 planned lots, roughly 50 to 60 remain. Two are direct runway sites while the remaining lots have taxi access.

Click here to read the full article
Source: The Dallas Morning News

—

If you have any questions or thoughts about the topic, feel free to contact us here or leave a comment below.

Custom vintage couture, a rug from the White House: A behind-the-scenes look at the epic estate sale now open in Dallas

Dallas Estate Sellers is hosting a large estate sale at Marilyn Hoffman's home. Hoffman was a prominent luxury realtor who sold extraordinary estates worldwide.

A shopper and collector’s dream sale starts this weekend in Dallas, and you can expect a long, long line.

Dallas Estate Sellers is hosting a large estate sale at Marilyn Hoffman’s home. Hoffman was a prominent luxury realtor who sold extraordinary estates worldwide. She passed earlier this year.

“You’ll find original vintage pieces, Halston pieces, Oscar de la Renta…” her daughter, Gina Miller, told WFAA of the vintage 80s fashion that will be available. “Stamps, coins, jewelry and various collectibles.”

Click here to read the full article
Source: WFAA

—–

If you have any questions or thoughts about the topic, feel free to contact us here or leave a comment below.

 

D-FW ranks second in the nation in home sales, active listings as spring selling heats up

Dallas-Fort Worth ranked second in the nation for homes sold and active home listings last month as the spring selling season heats up.

Dallas-Fort Worth ranked second in the nation for homes sold and active home listings last month, trailing only New York as the spring selling season heats up.

Nearly 8,500 transactions were closed in April, up from 7,865 the previous year. There were more than 13,000 active listings, an almost 31% year-over-year jump, according to data from real estate company RE/MAX.

The report also found that active housing inventory is up 49.4% year-over-year. Home prices are up 1.5% annually. The median home price in D-FW was $405,000, matching numbers from the MetroTex Association of Realtors.

Click here to read the full article
Source: The Dallas Morning News

—–

If you have any questions or thoughts about the topic, feel free to contact us here or leave a comment below.

Shuttered DFW country club to get new life after 149-acre property is purchased

Northern said East Fort Worth has been traditionally neglected by developers, but that he views this development as a good opportunity to create change.

A closed country club in East Fort Worth remembered by local business owners and officials as an area jewel might see new life after a real estate group bought the golf course and surrounding land in a foreclosure auction.

Will Northern, a former Fort Worth zoning commission chair, manages the limited partnership that purchased the 149-acre golf course and clubhouse formerly known as Woodhaven Country Club. The group, Woodhaven, Concerto No. 1, LP, also bought 14 acres of commercial land across three parcels during a May 7 foreclosure auction.

Tarrant County documents show Woodhaven Country Club LLC defaulted on a $12 million loan. Northern said his group bought the notes — meaning it assumed the debt — and then pursued foreclosure.

Click here to read the full article
Source: WFAA

—–

If you have any questions or thoughts about the topic, feel free to contact us here or leave a comment below.

Housing supply gets much-needed boost in time for D-FW’s prime buying season

The median price for a new home was still above $400,000 in April despite more homes on the market and high interest rates.

The tight housing supply in Dallas-Fort Worth is loosening slightly as more homes hit the North Texas market in April.

The number of active listings in the D-FW metroplex was 24,128 last month, up nearly 46% from a year earlier, according to data from from the Texas Real Estate Research Center at Texas A&M University, North Texas Real Estate Information Services and the MetroTex Association of Realtors.

Dallas County had more than 5,100 active listings as the region entered the busiest season for buying and selling. That’s an increase of 56.7% from last April.

Click here to read the full article
Source: The Dallas Morning News

—–

If you have any questions or thoughts about the topic, feel free to contact us here or leave a comment below.