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Candy's House of the Week

Price slashed by $1 million on most amazing contemporary home in Dallas

Candy Evans
Jun 14, 2013 | 9:08 am

I have just returned from Atlanta, which is a nice town, but I don’t miss it. And while I was gone, one of the most amazing contemporary homes in Dallas, tucked in the The Cloisters neighborhood within shouting distance of White Rock Lake, went on a million-dollar diet.

In fact, let me check my eyes: Yep, 4755 Chapel Hill Rd. has been reduced from $2,950,000 to $1,950,000 — just in time for Father’s Day. If you have been looking for a change in digs and the name Cliff Welch rings a bell, well, it’s time to go shopping!

Back to Dad. He will love this house up and down — more than the man licking his shoes on the subway. He will love the masculine walk-through shower, Vola and Kohler plumbing fixtures, tall man’s vanity in the master bath, study with real shelves for real books, lap pool with waterfall, long chef’s kitchen, and master grilling area on the patio.

Most of all, in this time of crazy-ass weather, he will love the 500-square-foot tornado shelter in the basement.

Chapel Hill was completed in 2008 after four years of detailed, painstaking construction. It was Welch’s dream to create a masterpiece of true form and function, and he did. The home — really two buildings connected by a glass bridge — sits on a .35-acre wooded creek lot. The two-story rear wing features the living areas, while the split-level front houses four bedrooms, including a master suite with music room and private patio.

The interiors are so loaded and securely built you may think you have walked into the Federal Reserve building: steel beam construction, terrazzo floors and exquisite contemporary finish-out. The kitchen is name-drop central: Bulthaup cabinets and Sub-Zero, Miele, Bosch and Electrolux appliances — every one the best in its class.

Plus this home has the United Nations of natural woods — Ipe, Khaya, Sapale and Baltic birch, to name a few — all put to good use in the ceilings and the abundance of built-in cabinetry. I also love the floating sinks and bureaus and glass mosaic tiles. Walls of glass open interiors to the green world outside, like the huge patio with outdoor cooking station off the family room.

But don’t worry. You won’t be poking through those beautiful Ipe walls to install wires for a custom audio system; this home’s already got it. That should make Dad very happy — you know how guys love their decibels.

This house exemplifies beautiful, sleek modern design. It is Mr. Welch at his finest. Listed with David Collier at David Griffin & Company Realtors.

The Cliff Welch-designed home at 4755 Chapel Hill Rd. has been radically reduced.

Exterior of 4755 Chapel Hill Rd. in Dallas
Photo courtesy of David Collier David Griffin & Company Realtors
The Cliff Welch-designed home at 4755 Chapel Hill Rd. has been radically reduced.
unspecified
news/real-estate

homebuying news

Texas ranks among the top 20 markets for homebuyers under 35

Amber Heckler
Aug 11, 2026 | 10:15 am
Young homeowners
Photo by Vitaly Gariev on Unsplash
In 2025, Texas had more mortgage applicants under 35 years old than any other state in the country, the report found.

The Lone Star State is emerging as a top destination for young adult homebuyers, a new report has confirmed, with nearly 23 percent of all mortgage applications submitted by individuals under 35 years old.

Texas ranked No. 18 in SmartAsset's new study, "Where Young Adults are House Hunting," making it one of the most sought-after U.S. states "where the next generation of homeowners may be gaining the strongest foothold."

To determine where younger Americans are most actively pursuing homeownership, SmartAsset's analysts examined mortgage application data in all 50 states in 2025, and calculated the share of applications filed by buyers younger than 35 relative to all applicants.

A total 259,737 Texas homebuyers under 35 submitted mortgage applications in the last year alone — making Texas the state with the highest number of young adult applications in the country.

California and Florida, respectively, had the second- and third-highest numerical rate of young adult homebuyers with 170,434 and 159,429 applications in each state. But they still ranked at the bottom of the national list with the lowest percentage of young adult applications relative to all applicants in 2025 — at 14.7 and 14.8 percent.

North Dakota leads the nation as the top state for young homeowners with over 28 percent of all mortgage applications in 2025 submitted by homebuyers under 35, making up 6,551 applications.

SmartAsset also revealed something many homeowners might already know: younger Americans are more likely to pursue homeownership in states with lower housing costs.

"In each of the four states with the highest share of mortgage applications from adults younger than 35, the typical home value is less than $300,000: North Dakota (No. 1), West Virginia (No. 2), Nebraska (No. 3) and Iowa (No. 4)," the report's author wrote.

In Texas, the typical home is worth $302,187, which is the 18th highest in the U.S. Meanwhile, West Virginia and Mississippi are the only two states with home values under $200,000, the lowest nationwide.

Young potential homebuyers looking for a home in Dallas need to make about $83,000 to afford a starter home. Many surrounding suburbs also have high appeal for first-time homebuyers, such as McKinney and Plano, which offer a high quality of life for homeowners that want to start a family.

High home prices aren't the only challenges keeping young Americans from becoming homeowners, the report said. Other challenges like high interest rates and limited supply are also plaguing would-be homebuyers.

"According to a recent Pew Research Center survey, nearly 9 in 10 younger Americans say it is harder for them to buy a home than it was for their parents," the report said. "Nonetheless, younger buyers continue to aspire to homeownership, navigating an uneven landscape of affordability and opportunity."

real estate homebuying housing market smartasset reports
news/real-estate

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