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    Love This Listing

    Move-in ready Lakewood home combines beauty and location for under $1 million

    Jessica Otte
    Jan 11, 2017 | 9:23 am

    Some prospective homeowners want a project house. Hoping to invest some sweat equity into their property, they’re on the hunt for a fixer-upper they can make their own. And in a hot area like Lakewood, where dirt can cost you nearly a half-million big ones, it’s a cost-effective way to get into a coveted neighborhood.

    Fortunately for those wanting a turn-key solution, this is not that house. Located at 6811 Velasco Ave., this 3,428-square-foot beauty has been pristinely maintained and beautifully updated by its current owners. Instantly welcoming from the moment you pull up — who doesn’t love rocking chairs on a covered porch? — the ranch-style home is just as timelessly lovely inside as it is outside.

    Light walls and mid-tone hardwood floors create a clean, neutral palette that will accommodate furniture of any style or shade. A formal living-dining room is bright, with large windows and a combination of recessed lighting and a stylish pendant. Thick crown molding and built-ins are nice bonuses. The sellers made many such updates to the home, including adding hardwood floors in the entry to match the rest of the downstairs living area.

    Off the kitchen, the cozy family room features more built-ins and a gas fireplace. Thanks to a long breakfast bar, anyone cooking in the well-appointed kitchen can still converse with guests or watch TV. A breakfast nook boasts — you guessed it — built-ins for displaying servingware and the like.

    There are five bedrooms in the home, with three full and two half-baths, but the showstopper is undoubtedly the spa-like master bath. A large walk-in shower has a rainfall head, body jets, and endless hot water thanks to a tankless water heater, while dual sinks and a seated vanity area provide ample space for getting ready on hectic mornings. But our favorite features of the bath are the heated floors and smart-tint window, which offers privacy on demand. (All of the windows in the house, in fact, have been upgraded to low-e windows.)

    Upstairs, the remaining bedrooms and bathrooms are nicely sized. A third living space overlooks the backyard and boasts a mini kitchenette for when it’s too much trouble to go downstairs to grab a refill. There’s more living space outside — on two sizable, pavestoned patios — and a hot tub. The lot has mature trees and a side yard that could easily be used as a dog run or garden area.

    Zoned for the coveted Lakewood Elementary and located close to amenities such as Lakewood Country Club, White Rock Lake, and Whole Foods, the home combines the best of looks and location. Listed by Alessandra Antonio of Coldwell Banker Residential, it has the hefty price tag of $899,000 — but then it's also a move-in ready family home in the family-friendliest of neighborhoods.

    This home at 6811 Velasco Ave. is listed for $899,000.

    Lakewood Home for Sale
    Photos courtesy of Coldwell Banker Residential
    This home at 6811 Velasco Ave. is listed for $899,000.
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    Moving north

    $1.5 billion development with working farm takes root in booming Anna

    John Egan
    Mar 27, 2026 | 10:30 am
    Anna, Texas
    Facebook/Anna
    Anna is a fast-growing city north of Dallas.

    The fast-growing Dallas-Fort Worth suburb of Anna, once a small farming community, is poised for even more population growth with the addition of a $1.5 billion master-planned community.

    Real estate investment firm Tellus Group broke ground Wednesday, March 25, on the more than 970-acre project, called Sherley Farms. Tellus is marketing the development, located in Collin County, as a wellness-focused, master-planned community with about 3,000 homes and an actively managed organic farm.

    First-phase homebuilders are Bloomfield Homes, DRB Homes, Drees Custom Homes, Highland Homes, Homebound, Olivia Clarke Homes, and Perry Homes. The initial model homes will be finished in the spring of 2027.

    The Sherley Farms site is five minutes from U.S. Highway 75 and near downtown Anna, which ranked fifth among U.S. cities for population growth from 2023 to 2024. As of July 1, 2024, Anna’s population stood at 31,986, up 14.6 percent from the same date in 2023 and up 183 percent from 2016. Anna’s population is projected to hit 100,000 by 2050.

    One standout aspect of the project will be a 65-acre organic farm that supplies fresh produce. Tellus says the “working” farm will serve as an “agricultural anchor and gathering place.”

    “Sherley Farms reflects our belief that the future of community development is rooted in wellness, connection, and a deep respect for the land,” says Craig Martin, founding partner and CEO of Tellus Group.

    Sherley Farms Facebook/Sherley Farms

    Anna started as a farming community in 1883. But in recent years, it has transformed into a rapidly growing suburb with more than 7,700 households as of 2024.

    Aside from homes, the first phase of Sherley Farms will include an amenity center with a resort-style pool and a portion of the planned green space.

    “Sherley Farms is a meaningful investment in Anna’s future, expanding our tax base, attracting new residents, and driving long-term economic growth,” says Kevin Toten, Anna’s mayor pro tem. “This project will generate new economic activity, support local businesses, and strengthen Anna’s position as a destination for high-quality development in North Texas.”

    In addition to Sherley Farms, Tellus is developing the Mosaic master-planned community in Celina, the Mirabella gated community in Prosper, and the Meraki master-planned community in Forney. Tellus was the principal developer of the $3 billion Windsong Ranch master-planned community in Prosper.

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