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Hot Homes

Top 10 Dallas real estate stories of 2018 include tiny homes and celebrity digs

Stephanie Allmon Merry
Dec 26, 2018 | 10:30 am

Editor's note: As the year comes to a close, we look back at the 10 biggest real estate stories in Dallas for 2018 — including tiny houses, top neighborhoods, and sports stars' homes for sale.

1. Tiny-house village takes shape in downtown Lake Dallas. What was billed as the first project of its kind in the U.S. — a downtown village of tiny houses — started taking shape in the Denton County suburb of Lake Dallas in February 2018. By early 2019, tiny homes are expected to pop up in the city's downtown, which is about 30 miles north of downtown Dallas.

2. 5 best neighborhoods to buy a forever home in Dallas right now. In May, we consulted some of the top real estate pros in town for their picks on the five best Dallas neighborhoods to buy a forever home in 2018. Spoiler alert: People seemed to be returning to classic neighborhoods instead of up-and-coming 'hoods that tempt buyers with low prices and new construction.

3. These 4 popular Dallas neighborhoods rank among America's best. Where were the best places to live in Dallas in 2018? In April, real estate review site Niche revealed the Best Neighborhoods to Live in America, and four popular Dallas 'hoods appeared in the top 50, including one in the top 10.

4. White Rock midcentury marvel built by Dallas titan of tile listed for $7 million. Those who regularly meander the trails around White Rock Lake know there's always been a strong curiosity factor surrounding the huge stone home perched high atop the hill at 4606 Chapel Hill Rd. The estate, built by a Dallas businessman known as the "titan of tile," went on the market for the first time ever in February 2018, for $6,995,000.

5. Most famous Dallas real estate firm sold to Warren Buffett. In May, the real estate world was stunned to learn that Dallas-based Ebby Halliday Realtors would be acquired by Berkshire Hathaway HomeServices of America. HomeServices CEO Ron Peltier delivered the news to 1,700 agents and assured them that nothing would change — except that their parent now was a rich guy named Warren Buffett.

6. Dallas Stars goalie hopes to score an offer on his $4.25 million Preston Hollow home. In June, Finnish-born hockey goaltender Kari Lehtonen and his wife, Abbey, began letting go … at least of their great Preston Hollow house. Lehtonen, then an unrestricted free agent, started playing for the Dallas Stars in 2010, and he had a pretty terrific place to come home to after every practice and game.

7. Lakewood estate of mayor known as 'Mr. Dallas' hits market for $2.9 million. Chateau des Grotteaux — a Lakewood estate with a storied past, most notably the one-time residence of Dallas mayor R.L. Thornton — hit the market in April for nearly $2.9 million. Thornton, a banker and civic leader who was nicknamed “Mr. Dallas,” lived in the French-inspired estate with his family until his death in 1964.

8. Bids start at $350K for this rare foreclosed mansion in Preston Hollow. In September, a mansion in the center of posh Old Preston Hollow appraised at nearly $5.5 million went on the auction block, with an opening bid of $350,000. The home was at 9410 Alva Ct. at the corner of Deloache Ave., in one of Dallas' most celebrity-studded neighborhoods.

9. Former Cowboys head coach puts his Dallas mansion in play for $2.95 million. Former Dallas Cowboys coach Wade Phillips was looking to trade his Preston Hollow estate to another team: His mansion at 6115 Norway Rd. hit the market for $2.95 million in January.

10. Rents could increase this much if Amazon HQ2 picks Dallas, new study says. In March — eight months before Amazon announced where its new headquarters would go — a new study showed the price Dallas or Austin could pay if Amazon picks either Texas city for HQ2. Data and analytics provider CoStar Group forecast that both cities would see a 10-year rise in apartment rents, but that Austin rents would increase more than those in Dallas.

A rendering of the Lake Dallas tiny-home village.

Lake Dallas tiny home village rendering
Photo by Lewis Gonzales
A rendering of the Lake Dallas tiny-home village.
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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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