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    Luxe Urban Living

    Dallas’ hottest luxury residence rolls out brand-new condos at unbeatable price

    CultureMap Create
    Mar 16, 2016 | 2:58 pm

    Since opening last spring, The Shelby Residences, a project by The Marquis Group, has wowed Dallasites in search of an urban lifestyle in luxe surroundings. Located in the heart of East Dallas’ new University Crossing neighborhood, the 55-unit development offers prime access to top destinations such as Katy Trail, DART Rail, and Mockingbird Station — just to name a few.

    The condos sit on the former site of one of automotive icon Carroll Shelby’s garages and features a decidedly modern aesthetic that nods to the locale’s history. Case in point: the four AC Cobra car hoods painted by a local artist that greet you in the lobby.

    Following the overwhelming success of phases I and II, The Shelby Residences is rolling out its third and final phase.

    The new one- and two-bedroom units are priced from $193,000 to $381,000; come in a variety of floorplans; and feature a number of premium upgrades, including stainless appliances, plush wool carpeting, and large walk-in closets. Buyers have a choice between two designer color schemes, which offer soft gray or warm brown for their Puccini porcelain wood-planked floors, crystal white or carbon black quartz countertops, and custom shaker cabinets in gray or white.

    To celebrate the phase III rollout and to give Dallas residents a peek at all it has to offer, The Shelby Residences is hosting a special event on Tuesday, March 22, 5:30-7:30 pm. Stop by for light bites and beverages, live music from Dan Quinn, and a trunk show from Trunk Club Dallas.

    During the event, take a guided tour of the two beautiful model homes designed by Cheryl Ketner Interiors. Don’t miss the residence’s onsite amenities: owners’ lounge with custom furniture, kitchenette and flat screen TV’s; outdoor rooftop terrace with fire pits and seating areas; dog park; and fully equipped fitness center.

    “We’re really excited to give potential homeowners the opportunity to experience the cool vibe of University Crossing,” says Shelby sales associate Julie Quigley, “as well as the chic lifestyle to be lived at The Shelby Residences.”

    Don’t miss the event to see all that The Shelby has to offer. RSVP to events@theshelbyresidences.com or drop by any time between 5:30 and 7:30 pm. Valet is complimentary. For additional information on The Shelby Residences or to arrange a tour of the property, visit www.theshelbyresidences.com/openhouse or call 214-849-1913.

    Following the overwhelming success of phases I and II, The Shelby Residences is rolling out its third and final phase.

    The Shelby Residences
    Photo courtesy of The Shelby Residences
    Following the overwhelming success of phases I and II, The Shelby Residences is rolling out its third and final phase.
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    rent report

    2 Dallas suburbs have the highest rents in DFW right now, report finds

    Amber Heckler
    Dec 3, 2025 | 5:11 pm
    SkyHouse Dallas apartments
    Photo courtesy of Simpson Property Group
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    After American shoppers spent $11.5 billion on Black Friday this year, it's safe to say many people are watching their wallets this holiday season, including renters. And a new report is shedding light on the North Texas cities that are shelling out the most for their rent.

    Zumper's newest monthly rent report, released December 2, analyzed active listings from the previous month across all cities in the Dallas-Fort Worth Metroplex. It tracked the most and least expensive rent prices for one- and two-bedroom apartments, and determines the cities with the fastest growing rents. Listings were aggregated by city to calculate median asking rents.

    Frisco and The Colony tied for having the highest rent prices in Dallas-Fort Worth in November. According to the study's findings, the median rent price for a single-bedroom apartment came out to $1,620 last month in both cities. In Frisco, that's $10 lower than what it cost for the same apartment in June.

    Frisco residents are expected to budget $3,491 for their holiday presents this year, WalletHub says, which means they might be watching their spending a lot more than other North Texas residents.

    For two-bedroom units, median rent prices in Frisco rose 3.3 percent from October to $2,200. A two-bedroom apartment in The Colony rose 0.9 percent month-over-month to $2,130.

    Grapevine's median rent prices were the third-priciest out of all cities in Dallas-Fort Worth. Zumper found that the median price for a one-bedroom apartment came out to $1,470, and two-bedroom units cost $1,840 in November.

    Dallas tied with Plano for the fourth-highest rents in the metro area, the report said. Single-bedroom units cost the same amount between both cities ($1,470) while two-bedroom units were more expensive in Dallas ($2,060) than in Plano ($2,030).

    For comparison, the price of one bedroom unit in Dallas was $30 cheaper in October, while two bedroom units cost $20 less than November's asking price. In September, asking rent for single-bedroom apartments added up to $1,480, while two bedroom units cost $2,100 per month.

    These are the median rent prices for one- and two-bedroom apartments across Dallas-Fort Worth:

    • Richardson – $1,420 for one-bedroom units; $1,750 for two-bedroom units
    • McKinney – $1,400 for one-bedroom units; $1,850 for two-bedroom units
    • Carrollton – $1,360 for one-bedroom units; $1,730 for two-bedroom units
    • Lewisville – $1,300 for one-bedroom units; $1,700 for two-bedroom units
    • Burleson – $1,250 for one-bedroom units; $1,620 for two-bedroom units
    • Weatherford – $1,240 for one-bedroom units; $1,370 for two-bedroom units
    • Irving – $1,220 for one-bedroom units; $1,650 for two-bedroom units
    • Fort Worth – $1,190 for one-bedroom units; $1,450 for two-bedroom units
    • Grand Prairie – $1,170 for one-bedroom units; $1,560 for two-bedroom units
    • North Richland Hills – $1,160 for one-bedroom units; $1,460 for two-bedroom units
    • Haltom City – $1,150 for one-bedroom units; $1,430 for two-bedroom units

    DFW cities with affordable rent compared to the statewide median
    Zumper found the statewide median rent for a one bedroom apartment came out to $1,126 last month.

    Cleburne had the most affordable rent for a one-bedroom unit in all of Dallas-Fort Worth, with median prices adding up to an even $1,000. The report also found that Cleburne's single-bedroom rent costs are 10.7 percent lower than they were a year ago. The median cost for a two-bedroom unit in Cleburne ($1,190) is 8.5 percent lower than it was in November 2024.

    Six more Dallas-Fort Worth cities had more affordable single-bedroom rent prices than the statewide median: Bedford ($1,110), Mesquite ($1,110), Hurst ($1,100), Denton ($1,090), Arlington ($1,080), and Benbrook ($1,020).

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