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    Love This Listing

    One of Highland Park's original homes hits the market for a cool $5 million

    Julia Bunch
    Jun 20, 2017 | 12:28 pm

    One of Highland Park’s original homes — in all of its restored and updated grandeur — is now available for the taking. The 1920s-era abode at 3521 Beverly Dr. was designed by famed Dallas architect Anton Korn and is situated on one of the premier streets of Highland Park. The exterior features a circular drive, manicured lawn, tile roof, and red brick walkway, and a colorful stained glass window anchors the face of the symmetrical house.

    Though the five-bedroom, six-and-a-half-bath home is reaching its centennial, it recently underwent an extensive, years-long renovation — and, at $5,499,000, it has the price tag to prove it. New windows, flooring, and lighting make for more sustainable and comfortable living for residents says Collective Luxury Residential co-founder and listing agent Christy Berry.

    “The ideal buyer is someone who appreciates historic homes that have been updated like we live today. [The current owners] have really kept the integrity of the house through the remodel and put in beautiful stain-glass windows accurate to the period,” she says.

    Upon entry, the foyer opens up to the living and dining rooms, as well as a grand curved staircase. Features like hardwood flooring, new molding, and plantation shutters give the 8,864-square-foot house a fresh and airy feel.

    The master suite with adjacent office space has French doors that lead out to the second-story balcony overlooking the pool and backyard. The master suite also boasts a built-in vanity, small wet bar (because you always need your own bar), and room for a safe.

    Three other bedrooms on the second floor each have a full bath, and two bedrooms on the third floor share one full bathroom.

    A first-floor study with dark-stained built-in shelving and an ornate ceiling includes access to a private screened-in porch. A mahogany island anchors the kitchen. Ample cabinet and counter space in the kitchen and butler’s pantry set the stage for stainless appliances.

    Families who love to host parties will have plenty of space with a sweeping bar and adjacent game room or entertaining area. Oh, and there's even a large wine cellar capable of holding 2,000 bottles and with plenty of room for an impromptu tasting. It comes complete with a dedicated energy saving climate-controlled system.

    Spend time on the back porch year-round with a fireplace and ceiling fans and a built-in grill. Tall landscaping in the backyard will keep pool dips private. Also outside, colorful tile stairs lead to a built-in upstairs apartment that the current owners use as an art studio. The small living space has a kitchenette, bedroom, closet, and full bath.

    This Highland Park home at 3521 Beverly Dr. is for sale for $5,499,000.

    The Collective Luxury Residential 3521 Beverly Drive
    Photo courtesy of Collective Luxury Residential
    This Highland Park home at 3521 Beverly Dr. is for sale for $5,499,000.
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    REAL ESTATE NEWS

    More Dallas homeowners are becoming 'accidental landlords,' study finds

    Brandon Watson
    Mar 18, 2026 | 12:29 pm
    For Lease Real Estate Sign Hangs in Front Yard of House
    Getty Images
    An increasing number of Houston homeowners are bcoming "accidental landlords"

    Dallas homeowners unable to sell their properties are increasingly becoming “accidental landlords,” according to Zillow. The real estate marketplace’s newest analysis says that 3.4 percent of its local for-sale listings recently converted to rentals, making Dallas the eighth-worst U.S. city for the market trend.

    In Texas, three cities rank higher than Dallas: Austin (4.1 percent), Houston (4.2 percent), and San Antonio (3.9 percent). Seven of the top 10 metros are in Texas or Florida. Denver (4.9 percent) ranks as the No. 1 city for the trend.

    Zillow senior economist Kara Ng says today's dynamic is driven by choice rather than panic. Homeowners aren't being forced to sell; they're simply unwilling to accept what the market will actually pay.

    "As the market continues to rebalance, sellers are facing a different reality than they did a few years ago," Ng said in a statement. "Bargaining power is tilting toward buyers, and homes are taking longer to sell, making renting out a property one way to buy time rather than compete aggressively on price. After all, today's sellers are rarely forced to sell, and it appears they are often unwilling to budge off of what their heart says their home is worth."

    Nationally, the trend is nearing a record high. 2.3 percent of all Zillow rental listings were recently for-sale properties, second only to November 2022, when mortgage rates had doubled in a single year, and sellers were scrambling. That spike was shock-driven, but now stubbornness is likely fueling the shift.

    Single-family homes make up the largest share of accidental landlord properties, but condos are seeing the fastest rise. Metros with the hottest buyer competition, including Boston, New York City, and Providence, Rhode Island, have the lowest accidental landlord rates.

    For both local buyers and sellers, Goldilocks thinking is increasingly the norm. Sellers, especially those who bought during the COVID-19 boom, are holding their asking price firm to avoid taking a loss. Buyers, for their part, are refusing to compromise on concessions and repairs.

    The 10 U.S. Metros with the highest share of accidental landlords are:

    1. Denver: 4.9%
    2. Houston: 4.2%
    3. Austin: 4.1%
    4. San Antonio: 3.9%
    5. Portland: 3.7%
    6. Tampa: 3.7%
    7. Miami: 3.5%
    8. Dallas: 3.4%
    9. Jacksonville: 3.3%
    10. Nashville: 3.2%

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