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Star Real Estate

Get a load of Allison and Mike Modano's star-worthy Dallas home

Diana Oates
Apr 3, 2014 | 9:39 am

When Allison and Mike Modano put their Kelsey Square home on the market, Candy Evans of Candy’s Dirt was all over it. The former Dallas Star and his pro golfer bride, who are expecting twins, tapped Joan Eleazer at Briggs Freeman to list the property at 10453 Epping Ln. for $3.495 million.

Allison, who has an eye for interior design, worked with Scott Simmons to turn this house into a Hall of Fame-worthy estate. According to Eleazer, the home, on a quiet stretch in Preston Hollow, was a labor of love for the mom-to-be.

Speaking of family, there is plenty of room for a growing one in this 9,244-square-foot, six-bed, six-bath home. The new owners should plan on spending many nights in the family room cozied up in front of the fireplace, looking out onto their impressive pool and outdoor living area, accessible by three sets of French doors.

Allison, who has an eye for interior design, worked with Scott Simmons to turn this house into a Hall of Fame-worthy estate.

Carrera marble — in the foyer, master bath and on the kitchen countertops — keeps things sleek and bright, while immaculate chocolate-colored hardwoods in the living areas add warmth. Feminine touches — sparkling chandeliers, pretty patterned wallpaper — are balanced by more masculine details, like the plentiful built-ins in the office.

A cook would only dare to dream about this kitchen, replete with Viking appliances, including two built-in ovens, six-burner gas cooktop and warmer, built-in refrigerator and freezer, microwave, and dishwasher. A butler’s pantry and temperature-controlled wine closet ensure flawless entertaining, while a breakfast room provides a spot for intimate mornings together, just the family.

Have we mentioned the four-car garage? It’s a must in this driving town.

The downstairs master is large and in charge, with 11-foot ceilings, beautiful hardwoods, and a sitting area with a bay window that overlooks the pool and grounds. The his-and-hers master bathroom comes loaded with that Carrera marble, plus whirlpool tub and two large closets.

Upstairs are four additional bedrooms, each with private baths, plus another large living area with bar. And you can take any one of three staircases to get up there.

All this goodness and we haven’t even touched upon the outdoor spaces. There is a covered sitting and dining area with fireplace. And no need to dirty that pristine kitchen inside, because there is an equally fabulous one outside, stocked with refrigerator, grill and ice maker.

The pool provides a beautiful focal point, with its waterfall and spa. It’s easy to imagine yourself in a serene oasis far from the hustle and bustle of the big city.

And this beauty isn’t the only real estate the Modanos are unloading. Another home on Mimosa Lane just sold.

The home at 10453 Epping Ln. is situated on a winding street in Preston Hollow.

Exterior of 10453 Epping Lane in Dallas
Photo courtesy of Briggs Freeman Sotheby's
The home at 10453 Epping Ln. is situated on a winding street in Preston Hollow.
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news/real-estate

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out of reach

This is how long it takes to save for a starter home in Dallas right now

Amber Heckler
Oct 26, 2026 | 9:44 am
Tri Pointe Homes house
Courtesy of Tri Pointe Homes
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A new national housing affordability report has confirmed something many renters already know: The possibility of owning a home is moving further out of reach for many renters across America.

Becoming a new homeowner is especially challenging for households in several major U.S. metros — including Dallas — where it now takes well over a decade to save enough money for a down payment on a starter home.

These findings were unveiled in a new study from The Julian Bond Institute for Financial Equity Research (JBI), a nonprofit research branch of the Center for Responsible Lending (CRL). The report comes as a result of its Project 2050 Survey that analyzed "Americans' financial aspirations across generations and racial groups and the obstacles they encounter in achieving them."

JBI said Americans of all generations, racial backgrounds, and ethnicities haven't given up on "this aspect of the American dream," but the journey towards becoming a homeowner is "grow[ing] exceedingly challenging." In addition to saving for a down payment and closing costs, renters must also navigate high mortgage rates and high home prices. All of these combined factors have pushed monthly payments out of reach for most families.

"There has been much coverage of the difficulty aspiring homeowners face in being able to afford the monthly payments on a home loan," the report said. "But less attention has been given to an equally important part of the housing affordability squeeze: The impact that higher home prices and the affordability crisis are having on the ability of families to save enough money to afford the upfront costs of homeownership."

Using the results from a previous 2019 survey and the most recent survey results, JBI examined how many years it would take a typical renter family to save enough money to cover a down payment and closing costs for a starter home in the U.S. and in its 10 biggest metros.

The report found that it now takes the typical Dallas renter household 12 years to save for a starter home in 2026, up from 7 years in 2019. And Dallas technically appears on the lower end of the spectrum out of the 10 biggest U.S. metros.

"Although there is some variation across these areas, even in Houston — where the years to save is the lowest — it would take the typical aspiring homeowner 11 years to save enough money to purchase a starter home," the report said. "At the opposite end of the spectrum, in Los Angeles, it would take 24 years. And in all these areas, there has been a sizable increase in the number of years required to save since 2019."

For the typical American household, it now takes 16 years to save for a starter home, a figure that has doubled since 2019. That's based on an American median renter household income of $57,991, and an estimated saving rate of 2.63 percent. The report defines the saving rate as the percentage of a family’s income that can be set aside for the purchase of a home after expenditures, assuming that aspiring homeowner families can devote 75 percent of their savings toward a home purchase.

"[This] translates to annual savings of roughly $1,525," the report found. "For such a family, it would take 16 years to accumulate enough savings to purchase a starter home [at the median price of $335,574]."

Renter households that made $42,750 in income at a 3.96 saving rate would result in $1,693 saved for the purchase of a home in 2019. By those metrics, it would take the typical renter household eight years to save for a starter home at the 2019 median price of $217,520.

This is how many years it takes to save for a starter home in the 10 biggest U.S. metros compared to 2019, from longest to shortest:

  • Los Angeles: 24 years, up from 14 years in 2019
  • New York City: 23 years, up from 10 years
  • Miami: 22 years, up from 10 years
  • Washington, D.C.: 16 years, up from 8 years
  • Chicago: 15 years, up from 8 years
  • Philadelphia: 15 years, up from 8 years
  • Phoenix: 15 years, up from 8 years
  • Atlanta: 13 years, up from 7 years
  • Dallas: 12 years, up from 7 years
  • Houston: 11 years, up from 8 years
real estate housing affordability housing market real estate report dallas houston
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