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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.
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    Going Down

    This Dallas suburb saw 5th biggest drop in home prices in U.S. in 2026

    Amber Heckler
    Apr 16, 2026 | 9:08 am
    Women walking in Plano
    Photo courtesy of City of Plano
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    Good news for potential Dallas-area homebuyers: Housing prices in Plano have come down nearly $30,000 since last year.

    Typical home values in Plano have fallen 5.1 percent since February 2025, now standing at $501,564, down from $528,510.

    The new housing study from SmartAsset analyzed home values across the 100 biggest metro areas using Zillow’s Home Value Index tool for single-family homes, condos, and co-ops. Home value data was sourced for the month of February in 2021, 2025, and 2026.

    Plano is joined by Oakland, California (No. 1); Saint Petersburg (No. 2); Naples, Florida (No. 3); and Austin (No. 4) as the top five U.S. cities with the biggest one-year home price reductions in the U.S.

    Housing prices in Dallas-Fort Worth have been on the decline since 2024, a separate study found, but SmartAsset said they're still a whopping 32.4 percent higher than they were in 2021. And compared to Plano's pre-pandemic housing market in 2019, prices have ballooned by 44.1 percent.

    Here's how much cheaper housing prices are in other North Texas cities:

    Dallas:

    • One year change: -3.79 percent
    • Typical home value in 2025: $317,550
    • Typical home value in 2026: $305,523

    Arlington:

    • One year change: -3.41 percent
    • Typical home value in 2025: $318,649
    • Typical home value in 2026: $307,792

    Fort Worth:

    • One year change: -3.08 percent
    • Typical home value in 2025: $305,236
    • Typical home value in 2026: $295,822

    DFW homeowners are also entering the best time of the year to sell their houses, which could add a sudden sense of competitiveness for buyers.

    Home prices elsewhere around the U.S. have seen varying changes, according to the report.

    "Between 2025 and 2026, the typical home value in large U.S. cities actually declined by 1.04 percent, with values dropping in 70 percent of cities," the report's author wrote. "But the full range of changes from market to market ran the gamut from -9.1 percent to +5.01 percent, putting both hopeful buyers and homeowners in starkly different environments across the nation."

    The top three U.S. cities where home prices increased the most since 2025 are Toledo, Ohio (No. 2); Lincoln, Nebraska (No. 2); and San Francisco (No. 3).

    The 10 cities with the biggest one-year decreases in home values are:

    • No. 1 – Oakland, California
    • No. 2 – Saint Petersburg, Florida
    • No. 3 – Naples, Florida
    • No. 4 – Austin
    • No. 5 – Plano
    • No. 6 – Aurora, Colorado
    • No. 7 – Denver
    • No. 8 – Atlanta
    • No. 9 – Stockton, California
    • No. 10 – Tampa
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