May 15, 2010

Least & Most Expensive Sales

Here is a snapshot view of the most expensive and least expensive sales in North Dallas this past year.

Sales in the area south of LBJ between Midway and Central Expressway featured a lovely Highland Park home at 3601 Lexington Avenue. The builder sold it in August for a nice $8,500,000 - just down from the asking price of $8,750,000 (which was down from the original asking price of $9.5 million when it was being built 2 years ago). Located on a prime half acre, this stunner is over 11,000 square feet of top quality construction.

And at the other end of the spectrum was 10407 Shadow Bend Drive (just northeast of Hillcrest High School and east of Preston Hollow). It sold in April this year for just somewhere around $159,000. The sales price was undisclosed but likely a little below $159k for this zero lot home. It was on the market just 2 days before an investor scooped it up and is making huge improvements to the existing skeleton of this property.

[where: 75230]

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