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(Multi)Million Dollar Listing

Inside the most expensive house for sale in Dallas right now

Anna Fialho Byers
Jul 1, 2016 | 12:02 pm

There's a new most expensive house for sale in Dallas: Debbie and John Tolleson (of the wealth management firm that bears his name) have listed their home at 6767 Hunters Glen Dr. for $39 million. It sits on one of the area’s largest lots — 2.8 acres — and it has seen quite the evolution.

The Tollesons purchased the home in 1991 and, in 1993, snapped up the property next door, incorporating it into the ongoing remodel they were doing. The property as it stands today clocks in at an impressive 16,748 square feet, and that includes the main house with four bedrooms, six bathrooms, three half baths, and various other secondary structures. Two more bedrooms and another bathroom exist in a suite over the main garage, which is also attached to the house.

In case you’re wondering what nearly $40 million gets you, trust us, it’s even more impressive than whatever you’re currently imagining. How about two spas; tennis and volleyball courts; a putting green; a one-bedroom, one-bathroom, 670-square-foot guest house, complete with a fireplace and a back-up generator in case of a power outage; a 220-square-foot green house; a master closet for her with hidden keypad lock control; and a soaking tub with padded shoulder rests in the master bath.

Best of all, there is a 2,594-square-foot, stone-floored party pavilion (think ballroom) anchored by fireplaces at each end. The wine cellar and commercial-grade kitchen under the party pavilion ensure that the next party you throw — like a fundraiser to, say, build a presidential library like George W. Bush’s (yes, this is where that happened) — will undoubtedly go down as a success.

And that doesn’t even include the one-of-a-kind features scattered throughout the house. There’s the antique hand-forged chandelier that actor Errol Flynn swung from in the 1935 film The Three Musketeers. Above one of the fireplaces is antique millwork from an understudy of 17th-century Dutch-British sculptor Grinling Gibbons. (His work can be found in Windsor Castle, Hampton Court Palace, and St. Paul’s Cathedral, among other places.)

All three staircases in the main house have custom balustrades; the ceiling in the study boasts beams with gold medallions; and there’s even a solarium with a Cole Smith-designed metal leaf retractable cover (one of two retractable roof covers on the house, we might add), should the hot Texas sun beat down on you too severely.

Truly, we could keep going, but at this point, you get the picture. It’s fancy.

The home is listed by Dave Perry-Miller and Ryan Streiff of Dave Perry-Miller Real Estate.

On the market for $39 million, the Tolleson estate is currently the most expensive house in Texas.

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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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