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Rare Real Estate Find

Rare finished basement lurks beneath this $300,000 Oak Cliff abode

Leah Shafer
Nov 11, 2015 | 9:06 am

Basements in North Texas are a rare find, but in North Oak Cliff, there are even fewer. This home at 924 Lausanne Ave. in the Kings Highway Conservation District has a finished basement that adds about 650 square feet to the home, which is 2,144 square feet.

Built in 1921, this house has three bedrooms, two full bathrooms, and a half bath. The current owners bought it in 2013 and love it dearly, but a job offer out of state is too good to pass up. So they listed it for $299,000 with Kay Wood of Briggs Freeman Sotheby’s International Realty.

This house has big potential: A lot of updates have been made, and there is room for more.

From the entrance, located on the second level, the dining room is on the left and the living room is on the right. All of the first floor has beautiful hardwood floors (except the bathrooms, which maintain their original vintage tile). This is a spacious area, with period details like fantastic doorway arches and a large bay window out to the front. The high ceilings and many windows make this part of the house feel bright and open.

The kitchen was on the current owners’ to-do list before they had to list this home. The bones are great, and the large space has lots of storage. As a bonus, the balcony is located off a little alcove between the kitchen and the master bedroom.

The master and a second bedroom are located on the main floor, along with full and half bathrooms. The master is large and has beautiful architectural detail in the ceiling and woodwork. It shares a full-size bath with the second bedroom.

The large, finished basement boasts a 220-square-foot bedroom that could easily be a mother-in-law suite with an added kitchenette. Three different doors from the basement — including one in the bedroom — lead to the spacious backyard. The basement also has a full-size bathroom and built-in cabinets.

The lot is 0.18 acres, the bulk of it in the backyard, which feels welcoming with mature shade trees and a small patio. It has a privacy fence along two sides and room for a swimming pool, if the next owners are so inclined. Additionally, the home is within walking distance to restaurants, Stevens Park Golf Course, and the Kessler Theater, so location is prime.

With such a fantastic location and big interior space, this North Oak Cliff home was destined to fly off the market from the start — and it appears it has, because it is already under contract.

---

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

A second bedroom is also located on the main floor.

924 Lausanne Avenue Dallas home for sale second bedroom
Photo courtesy of Briggs Freeman
A second bedroom is also located on the main floor.
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BUILDING BOOM

Dallas ranks No. 22 among U.S. metros for new-home construction

John Egan
Sep 1, 2026 | 11:35 am
New home construction
Photo by Ryan Stephens/ Pexels
San Antonio-New Braunfels leads Texas in new home construction.

As the population of the Dallas-Fort Worth metro area continues to grow, so does the need for housing. One of the primary ways to address this: Build more homes.

The region appears to be on the right track for addressing the booming demand.

A new report from Realtor.com puts the DFW at No. 22 among the top 25 new-construction metros in the U.S.

To develop the list of the top new-construction metros, Realtor.com looked at four factors in each of the 100 largest U.S. metros:

  • Newly constructed homes as a share of all listings.
  • New-construction premium. That’s the percentage difference between a median-priced new build and a median-priced existing home.
  • Climate risk difference. That’s the percentage difference in average flood, fire, air quality, wind, and heat risk between new builds and existing homes.
  • “Hotness” of the new-construction market, based on Realtor.com pageviews per listing and median time on the market for new builds.

Sun Belt markets dominate rankings
Of the top 25 metros in the Realtor.com report, 20 are in Sun Belt states.

“New construction is one of the most important ways to expand the supply of homes available to buyers, but the opportunity is not evenly distributed across the country,” Joel Berner, senior economist at Realtor.com, said in a release.

“This year’s ranking shows that Southern metros are not only building more homes; they are also creating conditions where buyers can find newly built homes at prices that compete with, and in some cases beat, existing homes,” said Berner.

Dallas joined Texas’ three other major metros in the top 25:

  • San Antonio-New Braunfels, No. 14
  • Austin, No. 16
  • Houston, No. 20

More reasons for homebuyer optimism
The greater Dallas area is home to some of the hottest real estate markets in the country - especially the suburbs of Frisco, McKinney, Allen, and Denton

Dallas also fares well when it comes to new-home prices. In a recent Realtor.com analysis, the DFW metro ranked eighth for the largest share of builders slashing prices on new homes. Austin landed at No. 5 and San Antonio at No. 3 among the 100 largest U.S. metros.

The Realtor.com rankings arrived as Dallas-Fort Worth nears the prime time for homebuyers to score a deal. A recent report from real estate brokerage Redfin found mid-September reigns as the best time for homebuyers to land a deal in North Texas.

Adding to the attractiveness of buying a home in DFW: Personal finance website SmartAsset recently ranked Texas as the 18th best state for under-35 buyers.

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