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    Luxe Urban Living

    Dallas’ hottest luxury residence rolls out brand-new condos at unbeatable price

    CultureMap Create
    Mar 16, 2016 | 2:58 pm

    Since opening last spring, The Shelby Residences, a project by The Marquis Group, has wowed Dallasites in search of an urban lifestyle in luxe surroundings. Located in the heart of East Dallas’ new University Crossing neighborhood, the 55-unit development offers prime access to top destinations such as Katy Trail, DART Rail, and Mockingbird Station — just to name a few.

     

    The condos sit on the former site of one of automotive icon Carroll Shelby’s garages and features a decidedly modern aesthetic that nods to the locale’s history. Case in point: the four AC Cobra car hoods painted by a local artist that greet you in the lobby.

     

    Following the overwhelming success of phases I and II, The Shelby Residences is rolling out its third and final phase.

     

    The new one- and two-bedroom units are priced from $193,000 to $381,000; come in a variety of floorplans; and feature a number of premium upgrades, including stainless appliances, plush wool carpeting, and large walk-in closets. Buyers have a choice between two designer color schemes, which offer soft gray or warm brown for their Puccini porcelain wood-planked floors, crystal white or carbon black quartz countertops, and custom shaker cabinets in gray or white.

     

    To celebrate the phase III rollout and to give Dallas residents a peek at all it has to offer, The Shelby Residences is hosting a special event on Tuesday, March 22, 5:30-7:30 pm. Stop by for light bites and beverages, live music from Dan Quinn, and a trunk show from Trunk Club Dallas.

     

    During the event, take a guided tour of the two beautiful model homes designed by Cheryl Ketner Interiors. Don’t miss the residence’s onsite amenities: owners’ lounge with custom furniture, kitchenette and flat screen TV’s; outdoor rooftop terrace with fire pits and seating areas; dog park; and fully equipped fitness center.

     

    “We’re really excited to give potential homeowners the opportunity to experience the cool vibe of University Crossing,” says Shelby sales associate Julie Quigley, “as well as the chic lifestyle to be lived at The Shelby Residences.”

     

    Don’t miss the event to see all that The Shelby has to offer. RSVP to events@theshelbyresidences.com or drop by any time between 5:30 and 7:30 pm. Valet is complimentary. For additional information on The Shelby Residences or to arrange a tour of the property, visit www.theshelbyresidences.com/openhouse or call 214-849-1913.

    The living room is spacious and bright.

    The Shelby Residences
      
    Photo courtesy of The Shelby Residences
    The living room is spacious and bright.
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    Rent report

    This Dallas suburb had the highest apartment rent prices in DFW in June

    Amber Heckler
    Jul 2, 2025 | 2:22 pm
    Frisco water tower
    Photo by Nancy Jo Lambert on Unsplash
    One-bedroom apartments in Frisco cost $1,630 in June, while the asking price for a two-bedroom unit came out to $2,170.

    In June, rent prices for one- and two-bedroom apartments were more expensive in Frisco than they were anywhere else in Dallas-Fort Worth, according to the latest monthly rental report from Zumper.

    The rent report, which analyzed active listings from the previous month across all cities in the Dallas-Fort Worth metro, tracks the most and least expensive rent prices for one- and two-bedroom apartments, and determines the cities with the fastest growing rents. Listings were aggregated by city to calculate median asking rents.

    Despite having the most expensive rent in Dallas-Fort Worth last month, the asking rent for one- and two-bedroom apartments in Frisco is technically lower than it was a year ago. Frisco's asking rent for one-bedrooms dropped 1.8 percent year-over-year to $1,630, while asking prices for two-bedroom units dropped 2.7 percent to $2,170.

    Dallas saw the second-highest jump in rent prices year-over-year this past June, with rent prices for single-bedroom apartments rising 1.4 percent to $1,450. Two-bedroom apartments in Dallas dropped 1.5 percent year-over-year to $2,000, tying with The Colony for the second-highest rent for two-bedroom units in the metro.

    Rent in Euless went up 5.4 percent since last June to $1,370, which Zumper found was the fastest-growing rent price in Dallas-Fort Worth. Euless also had the largest growth rate month-over-month, with rents soaring 6.2 percent from May to June.

    The top 10 DFW cities with the most expensive one-bedroom rent prices in June were:

    • Frisco – $1,630
    • The Colony – $1,580
    • Rockwall – $1,570
    • Richardson – $1,560
    • Farmers Branch – $1,460
    • Dallas – $1,450
    • Plano – $1,410
    • Euless – $1,370
    • Carrollton and McKinney (tied) – $1,330

    DFW cities with affordable rent compared to the statewide median
    Zumper's report revealed that the median asking rent for a one-bedroom apartment in Texas came out to $1,134 last month, but there was no figure given for two-bedroom units.

    Out of the 25 Dallas-Fort Worth cities included in the report, only five had affordable asking rent prices lower than the statewide median: Benbrook ($960), Arlington ($1,060), Mesquite ($1,080), Garland ($1,100), and Cleburne ($1,110).

    Benbrook rent prices are the most affordable in the metro, as its current asking price is 12.7 percent lower than it was this time last year.

    Asking rents for one-bedroom apartments in Bedford were only $4 more than the median asking rent in Texas, which also makes the suburb a much more affordable place to live than most other DFW-area cities.

    The top 10 DFW cities with the most affordable one-bedroom rent prices in June were:

    • Benbrook – $960
    • Arlington – $1,060
    • Mesquite – $1,080
    • Garland – $1,100
    • Cleburne – $1,110
    • Bedford – $1,140
    • Denton – $1,180
    • Weatherford – $1,190
    • Grand Prairie – $1,200
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