It’s no secret that homebuyers will pay a pretty penny for a great location, but it doesn’t necessarily have to be this way. If you know where to look, Dallas has some affordable hot spots with appealing homes, and Stillwater Capital’s new Greenwood Flats is one of those finds.
The 36-condo community is located behind the Granada Theater on McCommas Boulevard, adjacent to historic Lower Greenville and just four miles north of downtown. When the plot of land went up for sale, Stillwater Capital saw its potential and jumped at the investment. At the time, there were longstanding homes that could not be salvaged due to city health concerns and thus, introducing the concept of Greenwood Flats seemed the best solution.
With 14 layouts from which to choose, the condos all offer two bedrooms, a study, and tons of amenities. The floorplans are open and make for ideal entertaining spaces. Large kitchen islands, soaker tubs, and a clean, modern aesthetic, along with contemporary features such as stainless steel appliances, polished-chrome fixtures, and well-designed private terraces, lengthen the list of perks.
There are no worries about city parking hassles since secure, reserved, underground parking is easily accessible to residents. You’ll also live free of yard worries, as the HOA contracts all landscaping, plus takes care of general property maintenance, security, exterior insurance fees, and natural gas charges. The property is purposefully pool-free in an effort to keep fees low for residents.
Prices start in the high $300s, which is quite a deal considering all the perks and the prime spot. The condos appeal to young professionals who are ready to stop renting and start investing, and the community is offering an incentive to do so. If you’re ready to move but are worried about the burden of breaking a current lease, Greenwood Flats is willing to offer financial help to compensate.
Ready to check it out? Stop by Saturday, September 9, from 12-6 pm for the onsite block party. Tour the property and grab a tasty bite or beverage — a variety of food trucks will be there to celebrate.