Tuesday Two Hundred: The Bachelor Pad Strikes Back — East Dallas Edition Has Three Levels, Twice The Space
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Last week’s Tuesday Two Hundred was a super-modern and sleek one-bedroom, one-bath townhome/bachelor pad on Cole Avenue. This week’s Tuesday $200K is also perfect for a bachelor, especially one who would prefer to have an office and a couple of closets.
For the bachelor who tends to hoard a bit, I present 7416 Coronado #2. This three-story townhome has two bedrooms, two bathrooms, a gigantic walk-in closet, and a small backyard for grill time with Fido. It has a great location and plenty of room, and a great price at $229,000.
At 2,172 square feet, this home is perfect for newlyweds or a young professional. And the location is perfect for outdoors enthusiasts, considering that you’re less than a mile from White Rock Lake and right on the Santa Fe Trail. The development, which sits alongside East Grand Avenue where it meets with La Vista, is just around the block is Tenison Park Golf Course, too.
Everything is practically new inside, including the kitchen, which has granite, stainless, and glossy cabinets. You also get two garage parking spots, which is kind of rare. This place would be perfect for a young guy (or girl) looking to gain equity!
"This place would be perfect for a young guy (or girl) looking to gain equity!"
Dissent: Is a townhome ever a good investment in Dallas? The conventional wisdom says no.
Also: the 7400 block of the C Streets, next to Grand Ave., is definitely a notch sketchier than the nicer blocks toward the country club.
Isn't the biggest market for this neighborhood families seeking Lakewood Elementary? And aren't they going to be looking for a yard? In fact you can get a 1950s Minimal Traditional cottage in the C Streets or Hollywood Heights (with yard) for this price. Isn't a bachelor going to want to be somewhere more happening, like Knox-Henderson, or on Oram near the Lakewood shopping center?
I dunno — I'm not seeing this 100%, but just my two cents.
Its not even Lakewood Elementary
"This place would be perfect for a young guy (or girl) looking to gain equity!"
Dissent: Is a townhome ever a good investment in Dallas? The conventional wisdom says no.
Also: the 7400 block of the C Streets, next to Grand Ave., is definitely a notch sketchier than the nicer blocks toward the country club.
Isn't the biggest market for this neighborhood families seeking Lakewood Elementary? And aren't they going to be looking for a yard? In fact you can get a 1950s Minimal Traditional cottage in the C Streets or Hollywood Heights (with yard) for this price. Isn't a bachelor going to want to be somewhere more happening, like Knox-Henderson, or on Oram near the Lakewood shopping center?
I dunno — I'm not seeing this 100%, but just my two cents.
Its not even Lakewood Elementary
I think the biggest "problem" with the condo and townhome market in Dallas is realtors telling their clients they are a problem and will be hard to resell. Dallas is getting denser and not everybody wants a 3000sqft tract house in Plano or even a cute but aging cottage in East Dallas that will have plenty of expensive problems popping up. Candy is right, this is perfect for a young. first time buyer who wants to be close to the city center.
I think the biggest "problem" with the condo and townhome market in Dallas is realtors telling their clients they are a problem and will be hard to resell. Dallas is getting denser and not everybody wants a 3000sqft tract house in Plano or even a cute but aging cottage in East Dallas that will have plenty of expensive problems popping up. Candy is right, this is perfect for a young. first time buyer who wants to be close to the city center.
There are a lot of folks out there who are tired of renting but don't want the upkeep of a single family detached home. Most of these people are in my generation — Generation Y — and would prefer accessibility, new interiors, and low maintenance over a huge house in the 'burbs.
This area, which I pass frequently, is on the upswing. There are a lot of wide open spaces nearby, and since it's situated on a hill, you're not staring into someone else's brick wall, either.
In all, I think this is a good house for a 20- or 30-something single professional. Because this development would feed into Mata Elementary, I wouldn't recommend it for a family.
There are a lot of folks out there who are tired of renting but don't want the upkeep of a single family detached home. Most of these people are in my generation — Generation Y — and would prefer accessibility, new interiors, and low maintenance over a huge house in the 'burbs.
This area, which I pass frequently, is on the upswing. There are a lot of wide open spaces nearby, and since it's situated on a hill, you're not staring into someone else's brick wall, either.
In all, I think this is a good house for a 20- or 30-something single professional. Because this development would feed into Mata Elementary, I wouldn't recommend it for a family.
Oh, and there will be this just a couple of blocks away: http://www.dallasnews.com/business/commercial-real-estate/headlines/20120412-lincoln-property-planning-big-white-rock-retail-center.ece
Oh, and there will be this just a couple of blocks away: http://www.dallasnews.com/business/commercial-real-estate/headlines/20120412-lincoln-property-planning-big-white-rock-retail-center.ece
Love the open layout of the kitchen, dining room and living room. Looking at the size of the attached office, that could be a room also with added storage arrangements, like a nursery for a young couple. I agree that this kind of property is for the young person who is done with apartments but doesn't want the time, hassle and expense that keeping up a single family home with a yard can bring. For us, this would actually be a great second home.
Love the open layout of the kitchen, dining room and living room. Looking at the size of the attached office, that could be a room also with added storage arrangements, like a nursery for a young couple. I agree that this kind of property is for the young person who is done with apartments but doesn't want the time, hassle and expense that keeping up a single family home with a yard can bring. For us, this would actually be a great second home.
@Jason: I do agree with you, I think a lot of us feel a condo or townhome is not as secure a real estate investment in Dallas as is a single family home in Dallas. How about a single family home in McKinney or the 'burbs? But a couple thoughts: one, Matt is correct — Dallas is changing and we are getting a lot of urban transplants from other cities who seek that care-free lifestyle. The baby boomers are getting sick of taking care of their homes. Also, if you think of buying a home as a long-term investment, rather than a quick flip, a condo or townhome might make sense. I want to do more stories on condo home owner associations — because that's what scares me!
@Jason: I do agree with you, I think a lot of us feel a condo or townhome is not as secure a real estate investment in Dallas as is a single family home in Dallas. How about a single family home in McKinney or the 'burbs? But a couple thoughts: one, Matt is correct — Dallas is changing and we are getting a lot of urban transplants from other cities who seek that care-free lifestyle. The baby boomers are getting sick of taking care of their homes. Also, if you think of buying a home as a long-term investment, rather than a quick flip, a condo or townhome might make sense. I want to do more stories on condo home owner associations — because that's what scares me!