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    Luxe listing

    Magnificent $39 million Park Cities mansion is the priciest home for sale in Texas

    John Egan
    Jul 1, 2021 | 12:54 pm
    Magnificent $39 million Park Cities mansion is the priciest home for sale in Texas
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    A massive University Park estate that went on the market in 2016 at $39 million is for sale again — at the same price.

    Realtor.com reports that the 2.86-acre estate, at 6767 Hunters Glen Rd., is the most expensive home currently for sale in Texas. The listing agent, Alex Perry of Allie Beth Allman & Associates, declined to comment.

    In case you were wondering, real estate marketplace Zillow estimates the monthly mortgage payment for this grand residence would be $217,411. (We’re guessing whomever buys this property could easily afford the mortgage.)

    Allie Beth Allman’s listing calls the estate an “iconic property.” Built in 1946, the two-story home in the exclusive Volk Estates enclave features 12,664 square feet of interior space with six bedrooms, five full bathrooms, and three partial bathrooms.

    "They're redoing the inside, so it will all be brand new and will be finished in just a couple of months," the agents say on a marketing video recently posted to YouTube.

    The current owners are wealth manager John Tolleson — a former trustee of Southern Methodist University — and his wife, Debbie. The Tollesons bought the estate in 1991. Two years later, they purchased the property next door and incorporated it into a home makeover that was already underway. Cole Smith oversaw the renovation.

    "Just the land alone, 2.85 acres in this spot, could command upwards of close to $30 million," the agents say in the video.

    Highlights of the property include:

    • Private gated community.
    • 670-square-foot guesthouse.
    • 220-square-foot greenhouse.
    • Two spas.
    • Tennis and volleyball courts.
    • Putting green.
    • English garden and solarium with retractable cover.

    "Best of all, there is a 2,594-square-foot, stone-floored party pavilion (think ballroom) anchored by fireplaces at each end," CultureMap wrote in a 2016 feature on the home. "The wine cellar and commercial-grade kitchen under the party pavilion ensure that the next party you throw — like a fundraiser to, say, build a presidential library like George W. Bush’s (yes, this is where that happened) — will undoubtedly go down as a success."

    One-of-a-kind aspects of the estate include an antique hand-forged chandelier that actor Errol Flynn swung from in the 1935 film The Three Musketeers; three main-house staircases with custom balustrades; and antique millwork by a protégé of 17th-century Dutch-British sculptor Grinling Gibbons, whose work can be found in England's Windsor Castle.

    No more fighting over what to watch on television. Not when you have so many cozy viewing options from which to choose.

    6767 Hunters Glen Rd. in Dallas
      
    Photo courtesy of Dave Perry-Miller Real Estate
    No more fighting over what to watch on television. Not when you have so many cozy viewing options from which to choose.
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    Housing News

    Dallas approves $14.5 million for Buckner DART station project

    Raven Jordan
    May 16, 2025 | 6:27 pm
    Palladium Buckner Station Project
    Courtesy rendering
    Palladium Buckner Station Project

    The Dallas City Council unanimously approved a $14.5 million incentive for the Palladium Buckner Station Project, a proposed mixed-income and transit-oriented development project at the Dallas Area Rapid Transit (DART) Buckner Light Rail Station at 8008 Elam Rd.

    The estimated $107.1 million project is being developed by multi-family developer Palladium USA in partnership with Dallas Housing Finance Corporation and will be built on a space that is currently a parking lot.

    It will include new ground-up construction of residential buildings to include 304 mixed-income apartments comprised of 90 one-bedroom, 147 two-bedroom, and 67 three-bedroom units. Of the 304 apartments, 244 will be income-restricted and leased solely to households earning at or below 60 percent area family median income.

    There will also be two residential parking garages with 350 spaces, and a publicly accessible promenade providing a direct pedestrian connection to the DART Buckner Light Rail Station.

    City Council member Jaime Resendez, in whose southeast Dallas District 5 the project resides, says in a statement that "this development directly addresses the City’s urgent need for high-quality affordable housing and has the potential to catalyze meaningful economic development and revitalization in a community that truly needs it."

    The $14.5 million incentive includes a loan of $6,183,092 and a grant of $8,316,907 from several funding sources administered by the City’s Office of Economic Development, including general obligation bond proceeds from the economic development/housing propositions in the City’s bond programs.

    The proposal is one of five transit-oriented development projects on DART-owned property up for review, with a goal to increase DART ridership by providing a mix of market-rate and affordable housing that easily connect to DART.

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