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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.

    Some of the original features have been preserved, like the fireplace, leaded glass windows and hardwood floors.

    Fireplace at 722 N. Beacon St. in Dallas
    Photo courtesy of Group One Realtors
    Some of the original features have been preserved, like the fireplace, leaded glass windows and hardwood floors.
    unspecified
    news/real-estate

    REAL ESTATE NEWS

    Nearly half of Dallas home sellers are slashing prices amid buyer’s market

    Brandon Watson
    Apr 29, 2026 | 2:31 pm
    Homes
    Photo by Dillon Kydd on Unsplash
    Nearly 58 percent of San Antonio home sellers dropped their list price in February

    Prospective home buyers in Dallas may want to seal the deal this spring. According to a new Redfin report, nearly 47.3 percent of home sellers in the city dropped their list price in February.

    Two other Texas cities clocked ahead of Dallas: In Austin, the number was 55.2 percent, and in San Antonio, it was an eye-popping 57.9 percent — the highest share among the 50 most populous regions in the U.S.

    According to the real estate marketplace, Texas’ dominance on this list isn't coincidental. Along with Florida, the state has been building more homes than anywhere in the nation, giving prospective buyers more options and bargaining power.

    Nationwide, 34.2 percent of February home sellers cut their asking price, a 31.5 percent rise from a year earlier and the highest share ever since Redfin began tracking markets in 2012. The average cut was $40,915, approximately 7 percent of the original sticker price.

    Redfin attributes the discounts to a classic supply-and-demand imbalance. High mortgage rates combined with economic uncertainty have kept buyers on the fence while sellers continued to flood the market with new homes. The company speculates that the real rate of cuts may be higher since it does not account for delisted properties.

    “A lot of people who couldn’t sell their homes last year opted to delist instead of reducing the price, with a plan to relist this spring because they knew that would give them a better chance of selling,” says Redfin real estate agent Aditi Jain, via a release “Some homeowners need to move immediately, but those who can afford to time the market may get a better price.”

    Redfin says that spring consistently produces the lowest share of price cuts, with May having the lowest share in six of the past 10 years, and April taking the title in three others.

    Sellers who closed in December faced the highest likelihood of cutting their price. Sellers who have owned their homes longest are also better protected from market fluctuations.

    Owners who have lived in their homes for at least seven years cut prices at a rate of 31.8 percent, compared to 37.4 percent for those who have owned for two years or less. More recent buyers who purchased their homes at the height of the pandemic boom are now reluctant to accept what the market will actually bear.

    The five U.S. cities with the highest shares of cut listing prices are:

    No. 1 — San Antonio, Texas (57.9%)
    No. 2 — Austin, Texas (55.2%)
    No. 3 — Dallas, Texas (47.3%)
    No. 4 — Tampa, Florida (45.9%)
    No. 5 — Fort Lauderdale, Florida (44.9%)

    economyhome marketrankingsreal estatehome-for-salehousing market
    news/real-estate
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