Cool Condo

Contemporary condo near downtown Dallas fits the housing bill for young professionals

A young professional who wants new construction in proximity to downtown should take a look at 4401 Roseland Ave. Unit B, an on-the-market condo in the newly christened “East Village” area near Carroll and Ross avenues in East Dallas.

It’s one of three units built together, with three levels and an open concept, including a private terrace on the second floor. It offers two bedrooms and two-and-a-half bathrooms within 2,000 square feet.

It’s a far cry from the run-down duplex it used to be. This place has curb appeal, with a cedar-covered garage door and facade that extends up to the aforementioned 250-square-foot private terrace.

On the first floor is a guest bedroom with 9-foot ceilings, walk-in closet, and access to a private yard. On the next level are the main living areas.

The ceilings get a bit higher — 10 feet — and the flooring transitions to bamboo. The kitchen features European lacquered cabinets with under-cabinet fluorescent lighting, quartzite counters, Porcelanosa frosted glass tile backsplash, and KitchenAid appliances.

The kitchen flows into a spacious and bright dining and living room combination, which connects to the private terrace. A breakfast table fits easily in addition to the main seating area, with room to spare.

Cat 6 wiring runs throughout the condo, including on the terrace, which means it would be easy to have a TV out there. With cedar veneer, recessed lighting, and outdoor fireplace, that terrace is a pretty spectacular amenity. All of your friends will want to hang out at your place.

The third floor holds the master suite and a study, but the feature most worth mentioning is the massive walk-in closet, which is larger than most bedrooms. Worth it to buy the condo just for this? Maybe.

The master bathroom feels polished and perfect, with a double vanity, LED lighting, Carrara marble counters, and gorgeous frameless glass shower. Just off the master is a utility area, with hookups for a full-size washer and dryer.

Listed with Steven Rigely with Rogers Healy and Associates for $399,000 — and with HOA dues of only $250 per month — this place offers a lot for the money, especially this close to the action.

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

Enter on the first floor, where there is also a guest bedroom.

Entrance at 4401 Roseland Ave. Unit B in Dallas

Photo courtesy of Rogers Healy and Associates

Enter on the first floor, where there is also a guest bedroom.

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welcome home

This is the income you need to buy a starter home in Dallas right now

Photo by Zac Gudakov on Unsplash

Dallas and Austin lead the nation for improving starter-home affordability.

A new housing affordability report shows Dallas is among the nation's top metros for improving starter-home affordability. First-time buyers are finally catching a small break, with the income needed to purchase a median-priced starter home falling in 2026.

Dallas residents need to earn $83,096 to afford a median-priced home in the metro area, or 5.1 percent less than they did last year, the Redfin report found.

Dallas had the third-biggest decline in the income needed to afford a starter home out of the 50 U.S. metros analyzed in the report. Redfin also determined that all starter home listings in Dallas are "affordable" based on the city's median household income — which the report estimates at $103,144.

Dallas still has a far higher income required to afford a starter home compared to the national average, but affordability is improving slightly across the board. Americans need to make $70,693 to afford the typical starter home, according to the report's findings.

"The income needed to buy a starter home is declining while earnings are rising," the report said. "The typical American household earns an estimated $87,599, about $17,000 more than what’s needed to buy the median-priced U.S. starter home. That gap is widening: A year ago, the typical American earned roughly $12,500 more than they needed to buy a starter home."

Still, starter home affordability is "still often out of reach" for first-time homebuyers in expensive real estate markets due to "near high record" sale prices and soaring mortgage rates, the study said.

In neighboring Fort Worth, residents only need to make $77,886 to afford a starter home — an attainable milestone based on the city's estimated median household income of $93,102. Fort Worth ranks fourth nationwide for its year-over-year improvement in starter home affordability.

For additional comparison, this is the income needed to afford a starter home in other major Texas metros:

Austin – $92,607 (down 6.1 percent)
Houston – $70,384 (down 4 percent)
San Antonio – $62,859 (down 3.7 percent)

Unfortunately, affording a home in the overall housing market is further straining Americans' wallets. American households need to make just under $110,000 afford the typical U.S. home, but Redfin's evaluation found the typical household makes about $22,000 less than that.

"The discrepancy is partly because the overall market is driven by outsized price increases in the luxury segment, and outsized price increases in places like San Francisco and West Palm Beach, where affluent buyers are active," the report said. "At the same time, some would-be buyers of starter homes are pulling back because they typically earn less money and are more sensitive to affordability pressures."

The top 10 U.S. metros with the biggest declines in the income required to afford the typical starter home are:

No. 1 – Austin, Texas
No. 2 – Oakland, California
No. 3 – Dallas, Texas
No. 4 – Fort Worth, Texas
No. 5 – Denver, Colorado
No. 6 – San Francisco, California
No. 7 – Phoenix, Arizona
No. 8 – Las Vegas, Nevada
No. 9 – Houston, Texas
No. 10 – Los Angeles, California

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