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Love this Listing!

Everything looks marvelous in this Melrose Avenue modern home for sale

Diana Oates
Jan 24, 2020 | 10:30 am

It doesn't take a real estate mogul to realize that something special is going on at 5409 Melrose Ave. in Dallas' ever-blossoming Knox Henderson-Lower Greenville corridor. And that something is the sophisticated yet totally modern home that is currently for sale or lease.

This 2014 Pierce Jordan construction was designed by a commercial architect, which makes it stand out among other new-ish constructions in the area. From the museum finish walls to the commercial grade doors and windows, this space is spectacular.

"The center glass courtyard, high windows, and floor-to-ceiling glass on the second level buck the builder trends to fill out square footage and save money on materials," listing agent Kyle Baugh says. "On a nice day, you can turn off all the lights in the house all day long and not skip a beat."

There are three bedrooms and three bathrooms; however, it's easy to tell that the open-concept kitchen is where all of the time is going to spent hanging out in this haute home. The Valcucine cabinets provide clean lines for a minimalistic look, and the Miele appliances are leaps and bounds better than your standard stuff. You won't even have to replace the countertops as soon as you move in because they are already the Cesarstone quartz that everyone loves.

The home is sitting at a five-way intersection near other uniquely modern and significant homes. Could this be foreshadowing the intersection you find yourself in in your own life? To stay in the 'burbs or be bold and move to the city? To continue spending money on Uptown rent or blaze a new trail on Melrose Avenue?

"I foresee a savvy urban professional moving into this home, potentially even an international buyer," Baugh says. "The current owner is originally from Bulgaria, by way of San Francisco. Many buyers in urban markets like San Fran, Chicago, or New York appreciate the use of light and living space. They are also drawn to the high-level modern elements in the home."

But if you are on the market for your parents or your in-laws, don't count them out, either.

"We've also have had lots of interest with empty nesters and baby boomers looking to downsize to live 'cool' in the city," the agent says.

This luxurious listing is currently being offered for $799,000 or for lease for $5,000 a month. Liking what you see? There is an open house on Saturday, January 25 from 1-3 pm.

The low maintenance courtyard has a sexy fountain for relaxing afternoons on the porch drinking a glass of wine.

5409 Melrose Avenue
Photo courtesy of Kyle Baugh
The low maintenance courtyard has a sexy fountain for relaxing afternoons on the porch drinking a glass of wine.
home-for-sale
news/real-estate
news/home-design

homebuying news

Texas ranks among the top 20 markets for homebuyers under 35

Amber Heckler
Aug 11, 2026 | 10:15 am
Young homeowners
Photo by Vitaly Gariev on Unsplash
In 2025, Texas had more mortgage applicants under 35 years old than any other state in the country, the report found.

The Lone Star State is emerging as a top destination for young adult homebuyers, a new report has confirmed, with nearly 23 percent of all mortgage applications submitted by individuals under 35 years old.

Texas ranked No. 18 in SmartAsset's new study, "Where Young Adults are House Hunting," making it one of the most sought-after U.S. states "where the next generation of homeowners may be gaining the strongest foothold."

To determine where younger Americans are most actively pursuing homeownership, SmartAsset's analysts examined mortgage application data in all 50 states in 2025, and calculated the share of applications filed by buyers younger than 35 relative to all applicants.

A total 259,737 Texas homebuyers under 35 submitted mortgage applications in the last year alone — making Texas the state with the highest number of young adult applications in the country.

California and Florida, respectively, had the second- and third-highest numerical rate of young adult homebuyers with 170,434 and 159,429 applications in each state. But they still ranked at the bottom of the national list with the lowest percentage of young adult applications relative to all applicants in 2025 — at 14.7 and 14.8 percent.

North Dakota leads the nation as the top state for young homeowners with over 28 percent of all mortgage applications in 2025 submitted by homebuyers under 35, making up 6,551 applications.

SmartAsset also revealed something many homeowners might already know: younger Americans are more likely to pursue homeownership in states with lower housing costs.

"In each of the four states with the highest share of mortgage applications from adults younger than 35, the typical home value is less than $300,000: North Dakota (No. 1), West Virginia (No. 2), Nebraska (No. 3) and Iowa (No. 4)," the report's author wrote.

In Texas, the typical home is worth $302,187, which is the 18th highest in the U.S. Meanwhile, West Virginia and Mississippi are the only two states with home values under $200,000, the lowest nationwide.

Young potential homebuyers looking for a home in Dallas need to make about $83,000 to afford a starter home. Many surrounding suburbs also have high appeal for first-time homebuyers, such as McKinney and Plano, which offer a high quality of life for homeowners that want to start a family.

High home prices aren't the only challenges keeping young Americans from becoming homeowners, the report said. Other challenges like high interest rates and limited supply are also plaguing would-be homebuyers.

"According to a recent Pew Research Center survey, nearly 9 in 10 younger Americans say it is harder for them to buy a home than it was for their parents," the report said. "Nonetheless, younger buyers continue to aspire to homeownership, navigating an uneven landscape of affordability and opportunity."

real estate homebuying housing market smartasset reports
news/real-estate
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