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Rare Real Estate Find

Rare finished basement lurks beneath this $300,000 Oak Cliff abode

Leah Shafer
Nov 11, 2015 | 9:06 am

Basements in North Texas are a rare find, but in North Oak Cliff, there are even fewer. This home at 924 Lausanne Ave. in the Kings Highway Conservation District has a finished basement that adds about 650 square feet to the home, which is 2,144 square feet.

Built in 1921, this house has three bedrooms, two full bathrooms, and a half bath. The current owners bought it in 2013 and love it dearly, but a job offer out of state is too good to pass up. So they listed it for $299,000 with Kay Wood of Briggs Freeman Sotheby’s International Realty.

This house has big potential: A lot of updates have been made, and there is room for more.

From the entrance, located on the second level, the dining room is on the left and the living room is on the right. All of the first floor has beautiful hardwood floors (except the bathrooms, which maintain their original vintage tile). This is a spacious area, with period details like fantastic doorway arches and a large bay window out to the front. The high ceilings and many windows make this part of the house feel bright and open.

The kitchen was on the current owners’ to-do list before they had to list this home. The bones are great, and the large space has lots of storage. As a bonus, the balcony is located off a little alcove between the kitchen and the master bedroom.

The master and a second bedroom are located on the main floor, along with full and half bathrooms. The master is large and has beautiful architectural detail in the ceiling and woodwork. It shares a full-size bath with the second bedroom.

The large, finished basement boasts a 220-square-foot bedroom that could easily be a mother-in-law suite with an added kitchenette. Three different doors from the basement — including one in the bedroom — lead to the spacious backyard. The basement also has a full-size bathroom and built-in cabinets.

The lot is 0.18 acres, the bulk of it in the backyard, which feels welcoming with mature shade trees and a small patio. It has a privacy fence along two sides and room for a swimming pool, if the next owners are so inclined. Additionally, the home is within walking distance to restaurants, Stevens Park Golf Course, and the Kessler Theater, so location is prime.

With such a fantastic location and big interior space, this North Oak Cliff home was destined to fly off the market from the start — and it appears it has, because it is already under contract.

---

A version of this story originally was published on Candy's Dirt.

Downstairs is the finished basement, which adds 650 square feet to the home.

924 Lausanne Avenue Dallas home for sale finished basement
Photo courtesy of Briggs Freeman
Downstairs is the finished basement, which adds 650 square feet to the home.
home-for-sale
news/real-estate
news/home-design

living single

Dallas lands among 10 most affordable U.S. metros for living alone

Amber Heckler
Oct 21, 2026 | 9:10 am
Dallas skyline
Getty Images
In DFW, renters can afford to live solo.

Not everyone is cut out for living with roommates, but finding an affordable place to live alone can be tricky. Luckily, Dallas-Fort Worth sits among the top 10 most affordable U.S. metros for living by yourself, according to a new report.

Analysts at Apartments.com discovered North Texas renters spend the seventh lowest share of their monthly income on single-bedroom rent out of the 50 biggest metros in the U.S.

The study used a 30 percent "common budgeting guideline" to calculate the share of median renter household income spent on one-bedroom asking rents across the 50 largest U.S. metros, and determined renters can only afford to live alone in 24 of the 50 metros without crossing the 30 percent threshold.

The median annual income of a DFW renter household is $63,172, and the findings show the typical asking rent for a one-bedroom apartment comes out to $1,348 per month. The study determined single renters spend 25.6 percent of their monthly income on rent based on the budgeting suggestion.

Texas' favorable rental market also extends outside of the Dallas-Fort Worth Metroplex: Austin surprised as the No. 1 most affordable metro for living alone, and San Antonio appeared among the top 10.

Austin renters spend the smallest share of their income on single-bedroom apartment rent, at 23.1 percent. That's based on a median renter household income of $70,008 and a $1,348 monthly one-bedroom asking rent price.

Dwindling rent prices and the prevalence of major tech employers are also attracting new renters, and the city has an 11.6 percent apartment vacancy rate.

"The average rent in Austin has decreased year over year, and construction of new housing increased by 30 percent over the past decade," the report's author wrote. "Tax incentives in Texas draw large tech corporations, like Google and Apple, to the Austin area, which has increased average wages, added more jobs to the local economy, and attracted renters in the process."

San Antonio ranked right above DFW in sixth place nationwide with solo renters spending 25.4 percent of their monthly income on single-bedroom rent, coincidentally the same share as single renters living in Raleigh, North Carolina and Salt Lake City, Utah.

This is the income and one-bedroom rent data in San Antonio:

  • $51,029 – median renter household income
  • $1,082 – one-bedroom monthly asking rent

A separate Apartments.com survey found 39 percent of U.S. adults would never feel comfortable living with a roommate, and 16 percent of renters would rather pay more in rent to live alone than consider living with a roommate.

"Factors contributing to lower rents may include recent high levels of construction, rising vacancy rates as renter demand catches up to supply, and fewer regulations, such as flexible zoning and lower development costs compared to other parts of the country," the report said. "Living alone has become a non-negotiable for many renters, and some renters are willing to make tradeoffs to afford this lifestyle."

The top 10 most affordable U.S. metros for living alone are:

  • No. 1 – Austin
  • No. 2 – Oklahoma City
  • No. 3 – Phoenix
  • No. 4 – Raleigh, North Carolina
  • No. 5 – Salt Lake City, Utah
  • No. 6 – San Antonio
  • No. 7 – Dallas-Fort Worth
  • No. 8 – Denver
  • No. 9 – Portland, Oregon
  • No. 10 – Columbus, Ohio
real estate rent rent prices apartments affordability reports
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