It all started when we posted Mike Modano’s $2.495 house on Mimosa for sale this week. (It’s orgasmic.) Somewhere, somehow the rumor started in that he was leaving Dallas, maybe for LA? Mike’s biz manager, Tom Fireovid, contacted me to clear that up — sometimes in this internet world you end up linking to the info that may not be entirely accurate. Listen up as Mike sets the record straight:
Maybe it’s because my butt is already sore from horseback riding, but I am obsessed, I mean OBSESSED with Kirk’s Rockin’ K Ranch in Celina, just a few miles north of Deion Sander’s place on Preston Road in Prosper. This 314 acre elite horse breeding property is amazing, overloaded, sexy, steroidal, fabulous, and honestly one of the most God-fearin’ TEXAN ranches I have ever seen. This is horse heaven with a capital H. I am guessing that Kelcy Warren might be looking at this ranch for ideas on what he is building in the Hill Country.
Steve Brown via Redfin: About One-Third of Dallas Homes Have Buyers Within Two Weeks of Hitting the Market
I think that we have been preaching this here on CD ever since about January. Steve Brown reports that “more than 20 percent of the Dallas-area properties which were listed for sale in April had a contract in one week or less.”
The long-running, and sometimes acrimonious debate over whether Ursuline Academy can build a lighted soccer field finally ended this afternoon at City Hall.
After 12 years, Ursuline’s request for a lighted athletic field finally got the green light from a unanimous City Council vote, 14 to 0. The specific-use permit will come with some caveats, according to Rudolph Bush:
Another Reason to Rethink Fracking: Even The Threat of Shale Gas Wells Tanks Propert Values 20 to 24 Percent
Business Insider listed the top nine things that can cripple or kill home values, and fracking (hydraulic fracturing) was listed among foreclosure graveyards, hoarding, sex offenders, and poorly performing schools as one of the top problems that tank home values.
Remember the Roy’s Transmission and Autocare Saga in Bishop Arts? Well, Looks Like Roy’s Struck a $375K Deal with Our Tax Dollars
Last December I had my hissy fit about Roy’s Transmission & Autocare at 138 W. Davis. The shop lies splat in the center of the city’s plans to create a cute million dollar plus plaza and streetcar stop at Zang and Seventh. Basically, Roy Smith has been fixing cars at this location for 18 years. The city wants to buy Smith’s tire shop property to build a way cool entrance to Bishop Arts, including a children’s playground. Smith has no objections except the green kind: he wants to be paid enough money to relocate and get another business. Last year, he said he had his property appraised at $775,000 when the city offered him “only” about $205,000. Continue reading
We’re seeing Jed Kolko’s name pop up all over the place nowadays. This time it was in this Wall Street Journal piece comparing how the word “cozy” is often used to denote “small” properties in real estate markets.
Comes word late last week that Jaap Van Zweden, the esteemed Dutch-born Director of the Dallas Symphony Orchestra, has listed his home at The Residences of the Ritz Carlton with Ritz Queen realtor Sharon Quist. He is asking $2.9 for the 4,258 square foot unit that is exquisitely decorated, features a wood-paneled music room (of course), and was written up in D Home Magazine a few years ago. The home has two bedrooms, two and a half baths, and formals.
A little background story here: Bob Martin called me last summer, said he was thinking of selling his house at 6322 Royal Crest. I popped over, we had wine, we toured. The home is great — Bob and his wife, Meaghan, have done a superb job of re-decorating the 1950′s ranch despite having a toddler in tow. Oh, child plus two rescue dogs. The home’s lines are classic LEAVE IT TO BEAVER but also cleanly now; the bedrooms look like they were just photographed for a Neiman’s catalogue. You know how I believe that homes have personalities and moods, and this is a home that just felt happy.