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    Love This Listing

    Move-in ready Lakewood home combines beauty and location for under $1 million

    Jessica Otte
    Jan 11, 2017 | 9:23 am

    Some prospective homeowners want a project house. Hoping to invest some sweat equity into their property, they’re on the hunt for a fixer-upper they can make their own. And in a hot area like Lakewood, where dirt can cost you nearly a half-million big ones, it’s a cost-effective way to get into a coveted neighborhood.

    Fortunately for those wanting a turn-key solution, this is not that house. Located at 6811 Velasco Ave., this 3,428-square-foot beauty has been pristinely maintained and beautifully updated by its current owners. Instantly welcoming from the moment you pull up — who doesn’t love rocking chairs on a covered porch? — the ranch-style home is just as timelessly lovely inside as it is outside.

    Light walls and mid-tone hardwood floors create a clean, neutral palette that will accommodate furniture of any style or shade. A formal living-dining room is bright, with large windows and a combination of recessed lighting and a stylish pendant. Thick crown molding and built-ins are nice bonuses. The sellers made many such updates to the home, including adding hardwood floors in the entry to match the rest of the downstairs living area.

    Off the kitchen, the cozy family room features more built-ins and a gas fireplace. Thanks to a long breakfast bar, anyone cooking in the well-appointed kitchen can still converse with guests or watch TV. A breakfast nook boasts — you guessed it — built-ins for displaying servingware and the like.

    There are five bedrooms in the home, with three full and two half-baths, but the showstopper is undoubtedly the spa-like master bath. A large walk-in shower has a rainfall head, body jets, and endless hot water thanks to a tankless water heater, while dual sinks and a seated vanity area provide ample space for getting ready on hectic mornings. But our favorite features of the bath are the heated floors and smart-tint window, which offers privacy on demand. (All of the windows in the house, in fact, have been upgraded to low-e windows.)

    Upstairs, the remaining bedrooms and bathrooms are nicely sized. A third living space overlooks the backyard and boasts a mini kitchenette for when it’s too much trouble to go downstairs to grab a refill. There’s more living space outside — on two sizable, pavestoned patios — and a hot tub. The lot has mature trees and a side yard that could easily be used as a dog run or garden area.

    Zoned for the coveted Lakewood Elementary and located close to amenities such as Lakewood Country Club, White Rock Lake, and Whole Foods, the home combines the best of looks and location. Listed by Alessandra Antonio of Coldwell Banker Residential, it has the hefty price tag of $899,000 — but then it's also a move-in ready family home in the family-friendliest of neighborhoods.

    There's a second outdoor living space where the whole family can kick back and relax.

    Lakewood Home for Sale
    Photos courtesy of Coldwell Banker Residential
    There's a second outdoor living space where the whole family can kick back and relax.
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    luxury real estate news

    $1M buys a bigger home in Dallas than nearly any other U.S. city

    Amber Heckler
    Oct 31, 2025 | 4:04 pm
    9408 Spring Hollow Drive, Dallas home for sale
    Photo courtesy of Realtor.com
    This over-the-top Dallas home is on the market for $1.475 million.

    Affluent homebuyers looking for a spacious home on a $1 million budget will find the most space for the price in Dallas, according to a new housing study.

    Dallas-Fort Worth-Arlington ranked No. 5 in Realtor.com's analysis of cities that offer the most square feet for a $1 million price tag for 2025.

    The report examined September 2025 real estate listing trends to determine the top five metros where a $1-$2 million budget goes the furthest and the top five where it goes the shortest.

    The No. 1 U.S. metro where $1 million goes the furthest is Atlanta-Sandy Springs-Roswell, Georgia. Six-figure earning homebuyers can nab a 4,530-square-foot home in this metro for $1-$2 million.

    In DFW, the same price could net a 4,072-square-foot home, Realtor.com's data revealed, whereas the national average home a person could buy with a million dollars is 2,994 square feet.

    For reference, the median list price of a Dallas home in September came out to $425,000, according to Zillow.

    There were 1,954 million-dollar listings on the market across the Metroplex in September, and 10 percent of the most expensive listings in the metro started at $992,526.

    Realtor.com senior economist Anthony Smith said affluent homebuyers get more value for their money by purchasing homes in Southern cities like Dallas than they can get in other regions of America.

    "Luxury buyers are increasingly seeking value — and that doesn't always mean a lower price tag, but rather more home for the money," Smith said. "In markets like Honolulu or the Bay Area, buyers are paying for proximity, views, and prestige — not square footage. By contrast, in inland metros across the South and Midwest, high-end buyers can often find larger, newer homes with land and amenities that would cost two or three times as much in more supply-constrained coastal metros."

    Elsewhere in Texas, Houston-Pasadena-The Woodlands ranked right above Dallas-Fort Worth as the No. 4 U.S. metro where $1 million nets the most square footage of a home. Houston-area millionaires can buy a 4,112-square-foot home for this six-figure price.

    The top five metros that offer the most square feet for $1 million are:

    • No. 1 – Atlanta-Sandy Springs-Roswell, Georgia
    • No. 2 – Denver-Aurora-Centennial, Colorado
    • No. 3 – Minneapolis-St. Paul-Bloomington, Minnesota-Wisconsin
    • No. 4 – Houston-Pasadena-The Woodlands, Texas
    • No. 5 – Dallas-Fort Worth-Arlington, Texas

    Meanwhile, the five U.S. metros that net the least square footage for $1 million are: Urban Honolulu, Hawaii (No. 1); San Jose-Sunnyvale-Santa Clara, California (No. 2); San Francisco-Oakland-Fremont, California (No. 3); Los Angeles-Long Beach-Anaheim, California (No. 4); and New York-Newark-New Jersey, New York-New Jersey (No. 5).

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