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.

There are 14 floorplans available, all of which are open and ideal for entertaining.

Photo courtesy of Greenwood Flats

There are 14 floorplans available, all of which are open and ideal for entertaining.

luxury real estate news

$1M buys a bigger home in Dallas than nearly any other U.S. city

9408 Spring Hollow Drive, Dallas home for sale

Photo courtesy of Realtor.com

This over-the-top Dallas home is on the market for $1.475 million.

Affluent homebuyers looking for a spacious home on a $1 million budget will find the most space for the price in Dallas, according to a new housing study.

Dallas-Fort Worth-Arlington ranked No. 5 in Realtor.com's analysis of cities that offer the most square feet for a $1 million price tag for 2025.

The report examined September 2025 real estate listing trends to determine the top five metros where a $1-$2 million budget goes the furthest and the top five where it goes the shortest.

The No. 1 U.S. metro where $1 million goes the furthest is Atlanta-Sandy Springs-Roswell, Georgia. Six-figure earning homebuyers can nab a 4,530-square-foot home in this metro for $1-$2 million.

In DFW, the same price could net a 4,072-square-foot home, Realtor.com's data revealed, whereas the national average home a person could buy with a million dollars is 2,994 square feet.

For reference, the median list price of a Dallas home in September came out to $425,000, according to Zillow.

There were 1,954 million-dollar listings on the market across the Metroplex in September, and 10 percent of the most expensive listings in the metro started at $992,526.

Realtor.com senior economist Anthony Smith said affluent homebuyers get more value for their money by purchasing homes in Southern cities like Dallas than they can get in other regions of America.

"Luxury buyers are increasingly seeking value — and that doesn't always mean a lower price tag, but rather more home for the money," Smith said. "In markets like Honolulu or the Bay Area, buyers are paying for proximity, views, and prestige — not square footage. By contrast, in inland metros across the South and Midwest, high-end buyers can often find larger, newer homes with land and amenities that would cost two or three times as much in more supply-constrained coastal metros."

Elsewhere in Texas, Houston-Pasadena-The Woodlands ranked right above Dallas-Fort Worth as the No. 4 U.S. metro where $1 million nets the most square footage of a home. Houston-area millionaires can buy a 4,112-square-foot home for this six-figure price.

The top five metros that offer the most square feet for $1 million are:

No. 1 – Atlanta-Sandy Springs-Roswell, Georgia
No. 2 – Denver-Aurora-Centennial, Colorado
No. 3 – Minneapolis-St. Paul-Bloomington, Minnesota-Wisconsin
No. 4 – Houston-Pasadena-The Woodlands, Texas
No. 5 – Dallas-Fort Worth-Arlington, Texas

Meanwhile, the five U.S. metros that net the least square footage for $1 million are: Urban Honolulu, Hawaii (No. 1); San Jose-Sunnyvale-Santa Clara, California (No. 2); San Francisco-Oakland-Fremont, California (No. 3); Los Angeles-Long Beach-Anaheim, California (No. 4); and New York-Newark-New Jersey, New York-New Jersey (No. 5).

real estate housing report luxury housing dallas fort worth