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    Historic Real Estate

    Here's a chance to own a rare-for-Dallas home in a historic district

    Leah Shafer
    May 31, 2015 | 12:01 pm

    Dallas buyers on the hunt for a character-filled home should look at this listing in the city’s largest historic district. Located in Junius Heights, 722 N. Beacon St. dates back to 1913, but it has all of today’s modern conveniences.

    Its airplane bungalow style is similar to a Craftsman, and it is hard to find in Dallas, because the style is more prevalent on the West Coast. But if you like homes of this era, then Junius Heights — east of Munger Place, south of Swiss Avenue and southwest of Lakewood — is the neighborhood to buy, as it boasts the most Arts and Crafts/Craftsman homes in the Southwest.

    This particular one is listed for $339,000 with Peggye Johnson of Group One Realtors.

    The interior has been renovated in the last year to expand the master suite and update the kitchen and second bathroom. But you’ll still find historic features throughout its 2,020 square feet, like decorative leaded windows and an original fireplace in the living room, as well as hardwood floors.

    The updated kitchen includes lots of cream cabinetry, granite counters, a terrazzo backsplash and stainless steel appliances. A light color scheme keeps it bright.

    The downstairs master suite is another shining star from last year’s reno. The bathroom was gutted to make room for a frameless glass shower and marble counters, as well as a large, walk-in closet. The second full bath was renovated to include a basket-weave floor tile, a wildly popular pattern in the early 20th century.

    The dining room opens onto a small, cheery patio and new-ish deck. A limited amount of green space keeps maintenance to a minimum in this yard. In addition to the one-car garage with storage in the back, there are plenty of places for guests to park.

    ---

    A version of this story originally was published on Candy’s Dirt.

    A little deck off the back and a small yard keep the maintenance down.

    Backyard at 722 N. Beacon St. in Dallas
      
    Photo courtesy of Group One Realtors
    A little deck off the back and a small yard keep the maintenance down.
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    Rent report

    Dallas boasts 2nd highest spike in millionaire-renters nationwide

    John Egan
    Jun 5, 2025 | 4:30 pm
    Luxury apartment
    Photo by Francesca Tosolini on Unsplash
    More millionaire renters means more luxury apartments.

    Sure, plenty of Dallas millionaires own swanky homes in the Park Cities. But in recent years, Dallas has seen a huge spike in the number of millionaires opting to rent rather than own a place to live.

    A new report from apartment search website RentCafe ranks the Dallas metro area as the second fastest-growing U.S. market for millionaire renters from 2019 to 2023.

    The number of millionaire renter households in Dallas-Fort Worth soared more than 1,200 percent — from just 14 in 2019 to 185 in 2023, according to the report.

    Looking at DFW's millionaire-renter data another way, the region ranked 14th for the sheer number of households (185) occupied by millionaire renters in 2023, the report says.

    “Many of today’s high-income renters live in metro areas … where the abundance of apartments as well as sky-high costs of homeownership make renting the more practical and cost-effective option,” RentCafe explains.

    The report largely attributes a nationwide 203-percent bump in millionaire-renter households to a 60-percent spike in the number of millionaire renters among millennials from 2019 to 2023.

    Still, in DFW, the number of millionaire homeowners far outweighs the number of millionaire renters. The report tallied 3,133 local millionaire-owner households in 2023, earning it 11th place on the list of hotspots for millionaire owners.

    RentCafe based its report on data from the Integrated Public Use Microdata Series (IPUMS) website.

    Elsewhere in Texas
    Dallas was bested only by Houston, which ranked No. 1 nationwide for the biggest spike in millionaire renters.

    The number of Houston millionaire renters swelled from just seven in 2019 to 179 in 2023, according to the report. Houston’s growth rate for that time period — nearly 2,500 percent — put it at the top of the rankings. Houston ranked 15th for the number of millionaire-renter households (179) in 2023.

    However, Houston landed behind Dallas (No. 12) in the ranking of the number of hotspots for millionaire homeowners (3,050).

    The Austin metro area landed at No. 19 for growth in the number of millionaire renters. That figure climbed from 90 in 2019 to 207 in 2023, or 130 percent, the report shows. Austin ranked 12th for the number of millionaire-renter households in 2023.

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