Luxury Living on the Rise

Sales of million-dollar homes skyrocket in Dallas — and across Texas

Luxury home sales are on the rise across the state, measuring double-digit growth among Texas’ four main cities, including a 22 percent increase in the Dallas-Fort Worth market.

The most recent report from the Real Estate Center at Texas A&M University shows that sales of homes $1 million and higher are up year-to-year based on sales between January and October 2013.

In Dallas-Fort Worth, sales are up 22 percent, just slightly above the 19 percent year-to-year increase of the housing market as a whole. In total, 809 luxury homes were sold in the area.

It’s no surprise that Dallas has plenty of luxury homes on the market. Here are some of our favorites right now:

4610 Wildwood Rd. in Bluffview is an impressive, 7,000-square-foot contemporary home that sits on a 1.3-acre site, with three bedrooms and 3.2 baths. It is currently on the market for $9,750,000.
5323 Swiss Ave. sits in the historic Swiss Avenue district, featuring seven beds and eight baths in an 11,000-square-foot house built in 1916. It is priced at $3,400,000.
3301 Beverly Dr., in the heart of Highland Park, contains 40 trees on .65 acres. The 1931 house has four bedrooms and six baths. It is going for $5,995,000.
4650 Meadowood Rd. in North Dallas has six bedrooms and nine baths in more than 12,000 square feet. It sits on a 3.42-acre lot and is priced at $8,995,000.

In Houston, luxury home sales were up 46 percent, and 1,060 luxury homes were sold between January and October 2013. During that same time, 439 luxury homes sold in Austin, making this the fastest-growing price class in the city, with a 55 percent increase from 2012.

Only 86 luxury homes sold in San Antonio, but it was still an 8 percent increase compared to the previous year.

4650 Meadwood Rd. [http: /www.daveperrymiller.com/property/24011185/4650-Meadowood-Road-DALLAS-TX-75220] in North Dallas rests on 3.42 acres and is listed for $8,995,000.

4650 Meadowood Road by Dave Perry Miller

Photo courtesy of Dave Perry-Miller & Associates

4650 Meadwood Rd. [https: /www.daveperrymiller.com/property/24011185/4650-Meadowood-Road-DALLAS-TX-75220] in North Dallas rests on 3.42 acres and is listed for $8,995,000.

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Mixed Use News

West Grove center in McKinney signs on slew of new restaurants

Whole Foods Market flagship store in Austin

Photo courtesy of Whole Foods Market

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A mixed-use center coming soon to McKinney has already lined up more than a dozen tenants: According to a release, West Grove, a new development at the intersection of US-380 and North Custer Road has signed on a supermarket, a coffee shop, ice cream shop, and a Chick-fil-A.

West Grove is from De La Vega Capital and Development and designed through a public-private partnership with the city of McKinney. It'll span more than 500,000 square feet and be a walkable mix of retail, restaurants, and entertainment options, as well as 420 residential units, 55,000 square feet of office space, and two acres of green space, with a 2-acre park, plus open-air spaces, lively outdoor decks, lush landscaping, and thoughtful lighting details, that sounds intriguing.

West Grove will be anchored by Whole Foods Market, which broke ground in November 2024. The center is scheduled to open in 2025. Miraculously, the Chick-fil-A opened in March.

Without further ado, the businesses making their West Grove debut include:

Food & Beverage

Whole Foods Market. A 45,082-square-foot Whole Foods Market will anchor West Grove.

Oak & Stone. A modern eatery specializing in wood-fired pizzas, craft beers, and artisanal dishes made from freshly sourced ingredients. This will be the first Oak & Stone location in Texas.

Chick-fil-A. Chick-fil-A opened at West Grove in March 2024.

Kura Revolving Sushi Bar. Japan chain is a unique revolving sushi bar experience where customers can select dishes from a conveyor belt. The West Grove location will be the first Kura Sushi in McKinney.

Keke’s Breakfast Cafe. This breakfast chain is the Denny's sibling known for its breakfast and lunch. This will be their first location in McKinney.

Velvet Taco. Dallas fast-casual chain specializing in globally inspired tacos will open its first McKinney location at West Grove.

Sweet Paris Crêperie. Originally from Houston, Sweet Paris specializes in crêpes, waffles, and other French-inspired dishes. This is their first location in McKinney.

Chipotle. Popular fast-casual chain specializing in customizable burritos, tacos and bowls, Chipotle has a strong presence not only nationwide but also in McKinney.

La La Land Kind Cafe. Quickly-growing Dallas coffee shop chain is dedicated to supporting and creating opportunities for youth and individuals in need. This will be the first La La Land in McKinney.

Paciugo Gelato. Founded in Dallas, Paciugo is the Italian-inspired gelato shop offering a variety of handcrafted flavors. The West Grove location is an anticipated addition to McKinney, making it the only active Paciugo in the area.

Health & Beauty

Sephora. Largest prestige beauty omni-retailer in the U.S. and Canada offers a wide range of high-end makeup, skincare, hair, and fragrance products. This will be the first stand-alone full-service location in McKinney.

Orange Twist. California-based med spa specializing in non-invasive aesthetic treatments like body sculpting and skin rejuvenation. This will be Orange Twist’s first location in McKinney.

Reformed Pilates. Boutique Pilates studio offering reformer-based classes focused on strength, flexibility, and overall wellness. This will be the first Reformed Pilates studio in McKinney.

Services

Resort Nail Spa. Luxury nail spa offering premium manicure and pedicure services, dedicated to creating a relaxing and affordable experience. Originating in Dallas, this will be the first Resort Nail Spa location in McKinney.

Chewy Vet Care. Chewy Vet Care is a branch of the popular online pet retailer Chewy, providing veterinary services for pets. This facility is one of the first Chewy Vet Care locations in Texas, alongside one in Fort Worth.

PNC Bank. Headquartered in Pittsburgh, PNC Bank is one of the largest financial services groups in the U.S.

“We’re excited to continue expanding West Grove with a diversified selection of tenants that complement our vision for the development,” said De La Vega President and CEO Artemio De La Vega. “West Grove is a space where people can gather, connect and enjoy experiences that enrich their daily lives.”

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