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Awesome in Oak Cliff

You’d spend $2.1 million for this Dallas house if only for the closet

Candy Evans
Nov 13, 2015 | 9:05 am

This midcentury modern beauty at 626 Rainbow Dr. comes on 2.1 acres in East Kessler, nestled next to a stunning stone bluff that says, “Dorothy, we’re not in Dallas anymore.” But just wait until you see the master closet — which they sure did not have in 1958, when the house was built.

Perched in the center of the neighborhood’s largest residential expanse, the home first belonged to Liz Hart, a sculptor and the first female photographer for the Fort Worth Star-Telegram. It has been extensively, compulsively updated by the talented and well-resourced current owners and a few owners in between.

In fact, the ownership lineage of this home is rather a who’s who in the building and design world of Dallas. The current owner is Jarrett Ouellette, a Dallas Design District and Atlanta entrepreneur and investor; he and his wife clearly took the house to soaring new levels.

Past the gate is a huge circular driveway that lands you in front of the house and onto an outdoor relaxation patio with seating for four. The expansive backyard (approximately 1.2 of the 2.1 acreage) is visible from this little Zen garden through the glass, which is a trick that opens the house up to the outdoors.

Enter into the spaciousness of the original era design: a large living area with the fireplace and brick wall as focal point with a mounted flat-screen TV. This long room — the entire home is 4,439 square feet — connects to the open dining room and the pièce de résistance kitchen.

Cook here? Hell, this room is museum-worthy: antique granite slab, sleek white custom cabinetry, huge stainless sink, Miele gas stove, double fridge, SubZero wine captain, and a nook around the corner from the stove with built-in coffee maker and espresso machine. There also is counter seating for up to six.

Off this room is a private guest suite, created with space stolen from the garage. Nearby are the laundry room and mudroom, and this entrance from the driveway leads to another little side garden and patio with a copper water sculpture now patinated blue — a treasured leftover from the home’s first owner.

Proceed back into the main heart of the home, and go up a contemporary flight of oak steps, where on the other side of the wall-to-wall brick fireplace is the upstairs media/game room. Views of the bluff are priceless.

Down that first-level hall are two bedrooms with en suite baths and the master(piece). Here is where the magic begins.

There’s another brick wall behind the master bed across the expanse of the wall. A freestanding, two-sided fireplace serves double duty for a sitting area. Beyond that fireplace is a sanctuary of glass, the perfect place for a couple to sit and chill.

The Ouellettes took the master bath to the next level too. An extra-deep, square, jetted bathtub built into a corner window overlooks a private fenced courtyard. You’ll find dual vanities; a huge step-down shower; and a dressing room/closet with built-ins, mirror, cubbies, and shelves. That master closet is a retreat unto itself.

Out back find a large patio and enough space for an Olympic-size pool, as well as a wonderful children’s play ark and swing set.

Melissa O’Brien, with Dave Perry-Miller’s Hewitt Habgood group, has this property listed for $2,100,000.

---

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

The property at 626 Rainbow Dr. is listed for $2,100,000.

626 Rainbow Dr.
Photo courtesy of Dave Perry-Miller
The property at 626 Rainbow Dr. is listed for $2,100,000.
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homebuyer power play

Dallas declared one of the top 10 buyer's markets in the U.S. right now

Amber Heckler
Sep 18, 2026 | 2:35 pm
Dallas skyline with reflection
joe daniel price/Getty Images
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The tide has turned for the Dallas housing market, and buyers now have more power than ever to negotiate on their forever home, a new real estate report has confirmed.

Dallas has now become one of the top 10 strongest buyer's markets in the nation with sellers outnumbering buyers by 107 percent, Redfin's newest market trends report found.

Nationally, sellers outnumbered buyers by 58 percent in August 2026, which Redfin says is the largest gap on record. Out of the 49 most populous metros in the U.S., only five are considered seller's markets, and eight are considered "balanced" markets where the number of buyers and sellers are nearly equal.

That leaves the remaining 36 most populated U.S. metros as buyer's markets, which includes the biggest cities in the Lone Star State. In fact, four Texas cities rank among the 10 strongest buyer's markets in the country right now: Houston (No. 3), San Antonio (No. 6), Austin (No. 7), and Dallas (No. 8).

There were 30,854 sellers on the market in Dallas last month, more than double the amount of buyers (14,865). The market's tilt in favor of house hunters allows more legroom to be picky with the increased supply of available housing, while falling demand indicates less competition with other buyers.

"In most markets, buyers should negotiate on price and ask for concessions like repairs or help with closing costs," said Redfin senior economist Asad Khan. "Buyers shouldn’t assume every seller will budge, especially on a desirable home that’s already priced well, but they don’t need to rush into a deal that doesn’t feel right."

For sellers that want to stand out in a saturated market, Redfin suggests they should price their homes competitively and be prepared to negotiate.

A separate Redfin report found mid-September is the best time for Dallasites to buy a home, but other experts say hesitant shoppers have until early October to take the plunge.

Regardless of the timeline, the report warns that the recent surge of available housing is only beneficial for homebuyers that can afford it.

"High housing costs and widespread economic uncertainty have caused many would-be buyers to back off in recent years, creating the imbalance of buyers and sellers we see today," the report said.

The median price of a home in Dallas came out to $408,561 in August, though 79 percent of all home sales in the city sold for below their original asking price.

The top 10 strongest buyer's markets in the U.S. are:

  • No. 1 – Nashville, Tennessee
  • No. 2 – Miami, Florida
  • No. 3 – Houston, Texas
  • No. 4 – Orlando, Florida
  • No. 5 – Las Vegas, Nevada
  • No. 6 – San Antonio, Texas
  • No. 7 – Austin, Texas
  • No. 8 – Dallas, Texas
  • No. 9 – Atlanta, Georgia
  • No. 10 – Phoenix, Arizona
"Nashville, Texas, and Florida are home to robust buyer’s markets partly because they have some of the most active homebuilding pipelines in the country, with newly built homes continuing to hit the market even as demand cools," the report said.
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