Condo Cool

New condos invigorate historic Dallas neighborhood with swank features

It’s no secret that homebuyers will pay a pretty penny for a great location, but it doesn’t necessarily have to be this way. If you know where to look, Dallas has some affordable hot spots with appealing homes, and Stillwater Capital’s new Greenwood Flats is one of those finds.

The 36-condo community is located behind the Granada Theater on McCommas Boulevard, adjacent to historic Lower Greenville and just four miles north of downtown. When the plot of land went up for sale, Stillwater Capital saw its potential and jumped at the investment. At the time, there were longstanding homes that could not be salvaged due to city health concerns and thus, introducing the concept of Greenwood Flats seemed the best solution.

With 14 layouts from which to choose, the condos all offer two bedrooms, a study, and tons of amenities. The floorplans are open and make for ideal entertaining spaces. Large kitchen islands, soaker tubs, and a clean, modern aesthetic, along with contemporary features such as stainless steel appliances, polished-chrome fixtures, and well-designed private terraces, lengthen the list of perks.

There are no worries about city parking hassles since secure, reserved, underground parking is easily accessible to residents. You’ll also live free of yard worries, as the HOA contracts all landscaping, plus takes care of general property maintenance, security, exterior insurance fees, and natural gas charges. The property is purposefully pool-free in an effort to keep fees low for residents.

Prices start in the high $300s, which is quite a deal considering all the perks and the prime spot. The condos appeal to young professionals who are ready to stop renting and start investing, and the community is offering an incentive to do so. If you’re ready to move but are worried about the burden of breaking a current lease, Greenwood Flats is willing to offer financial help to compensate.

Ready to check it out? Stop by Saturday, September 9, from 12-6 pm for the onsite block party. Tour the property and grab a tasty bite or beverage — a variety of food trucks will be there to celebrate.

Private terraces come with every home in the community.

Photo courtesy of Greenwood Flats

Private terraces come with every home in the community.

Home For Sale

Once-in-a-century 3-acre estate for sale in Dallas' Preston Hollow

The Agency Dallas

9511 Inwood Rd.

A once-in-a-generation estate has hit the market in Dallas' Preston Hollow neighborhood. Located at 9511 Inwood Rd., the home is being offered for sale for the first time in more than a century, having remained under the stewardship of the same family since at least 1940 when the current home was built.

Situated on nearly three acres on a corner lot, it's an English-style estate surrounded by century-old hardwoods and manicured landscaping, creating a private sanctuary in the middle of the city.

There's a main residence, guest quarters, and two workshops, one featuring a rail-mounted hoist and enhanced electrical systems.

Listed for $7,500,000, the home has 4,675 square feet with four bedrooms, 4.5 bathrooms, and a five-car garage.

The property is free from both floodplain and historic designation, allowing a buyer to remodel, rebuild, or (ugh) subdivide. It also has three curb cuts — two on Inwood Road and one on Park Lane — with the possibility of a posh Park Lane address.

It's also zoned for horses and other animals, and a perimeter privacy wall can be added.

According to listing agent Andrea Childress with The Agency Dallas, the property was originally known as Sunnyslope Estate, and was developed more than 100 years ago by oilman M.H. Marr, who was searching for a place to settle with his family when he discovered the tract of land on what was then the edge of Dallas and is now in the heart of Preston Hollow.

Marr's wife, Adah Yale Marr, was known for her prominent social presence, entertaining various figures and hosting business gatherings with Dallas families like the Hunts, Meadows, and DeGolyers among their guests.

The Agency Dallas

9511 Inwood Rd.

Childress calls it "more than just a listing—it’s a landmark."

"Properties like this simply don’t exist anymore, especially with this kind of acreage, location, and legacy,” she says.

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