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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

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    millennial magnet

    Dallas ranks among 15 hottest U.S. metros for millennial homebuyers

    Amber Heckler
    Jul 20, 2026 | 11:16 am
    Millennial movers, moving
    Photo by Vitaly Gariev on Unsplash
    Dallas is one of the 15 hottest destinations for millennials.

    Dallas and its surrounding cities have already proved to be a magnet for millennials, and now a new national housing report has established the city as one of the 15 hottest destinations for millennials, whose local homeownership rate has soared since 2018.

    The number of millennials who own their homes in Dallas has grown from 229,497 to 451,826 households over the last five years (96.9 percent), according to a new housing analysis from RentCafe.

    The study compared homeowner growth rates versus renter growth rates of millennials — based on Pew Research Center's definition as individuals born between 1981 and 1996 — across 107 U.S. metro areas from 2018 to 2023.

    Dallas ranked No. 15 in the overall list of U.S. metros that have seen the highest increase in millennial homeowners since 2018. About 47 percent of all Dallas-area millennials own their homes, with the remaining 53 percent renting, the report found.

    "The top 20 metro areas with the greatest increases in Millennial homeownership are led by sunny regions in Florida and California," the report said. "Unexpected urban hubs such as Dallas, San Antonio, Philadelphia, and New York also made the list with ownership growth rates reaching 90 percent or higher."

    Dallas also ranked 27th in the national list of cities with the biggest growth rates among millennial-age renters. The number of millennial renter households jumped from 465,560 to 507,416 in five years, a 9 percent hike.

    About 5.3 million millennials have become homeowners over the last five years nationwide, RentCafe's analysts said, which represents a massive 74 percent increase in millennial-owned households. The growth rate of renters was much lower in comparison.

    "At the same time, the number of millennial renters in the U.S. rose by a modest 5 percent, adding approximately 600,000 households," RentCafe said. "This brings the total number of millennial homeowner households to 12.4 million, close to the 12.6 million millennial renter households."

    While the rate of millennial homeowners is on the rise, the same can't be said for Gen Zers. About 12 percent of all Gen Z households in Dallas-Fort Worth own their homes, while the vast majority are renters, a separate RentCafe study found.

    Elsewhere across the state, Austin (No. 7) and San Antonio (No. 10) ranked among the top 10 U.S. cities with the biggest growth rates among millennial homeowners.

    The top 10 U.S. metros with the highest gains in millennial homeowners are:

    • No. 1 – North Port, Florida
    • No. 2 – Lakeland, Florida
    • No. 3 – Jacksonville, Florida
    • No. 4 – Stockton, California
    • No. 5 – Oxnard, California
    • No. 6 – Palm Bay, Florida
    • No. 7 – Austin, Texas
    • No. 8 – Tuscon, Arizona
    • No. 9 – Deltona, Florida
    • No. 10 – San Antonio, Texas
    rentcafestudyreal estatehousing reportmillennialsdallas
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