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    Hot Homes

    Top 10 Dallas real estate stories of 2018 include tiny homes and celebrity digs

    Stephanie Allmon Merry
    Dec 26, 2018 | 10:30 am

    Editor's note: As the year comes to a close, we look back at the 10 biggest real estate stories in Dallas for 2018 — including tiny houses, top neighborhoods, and sports stars' homes for sale.

    1. Tiny-house village takes shape in downtown Lake Dallas. What was billed as the first project of its kind in the U.S. — a downtown village of tiny houses — started taking shape in the Denton County suburb of Lake Dallas in February 2018. By early 2019, tiny homes are expected to pop up in the city's downtown, which is about 30 miles north of downtown Dallas.

    2. 5 best neighborhoods to buy a forever home in Dallas right now. In May, we consulted some of the top real estate pros in town for their picks on the five best Dallas neighborhoods to buy a forever home in 2018. Spoiler alert: People seemed to be returning to classic neighborhoods instead of up-and-coming 'hoods that tempt buyers with low prices and new construction.

    3. These 4 popular Dallas neighborhoods rank among America's best. Where were the best places to live in Dallas in 2018? In April, real estate review site Niche revealed the Best Neighborhoods to Live in America, and four popular Dallas 'hoods appeared in the top 50, including one in the top 10.

    4. White Rock midcentury marvel built by Dallas titan of tile listed for $7 million. Those who regularly meander the trails around White Rock Lake know there's always been a strong curiosity factor surrounding the huge stone home perched high atop the hill at 4606 Chapel Hill Rd. The estate, built by a Dallas businessman known as the "titan of tile," went on the market for the first time ever in February 2018, for $6,995,000.

    5. Most famous Dallas real estate firm sold to Warren Buffett. In May, the real estate world was stunned to learn that Dallas-based Ebby Halliday Realtors would be acquired by Berkshire Hathaway HomeServices of America. HomeServices CEO Ron Peltier delivered the news to 1,700 agents and assured them that nothing would change — except that their parent now was a rich guy named Warren Buffett.

    6. Dallas Stars goalie hopes to score an offer on his $4.25 million Preston Hollow home. In June, Finnish-born hockey goaltender Kari Lehtonen and his wife, Abbey, began letting go … at least of their great Preston Hollow house. Lehtonen, then an unrestricted free agent, started playing for the Dallas Stars in 2010, and he had a pretty terrific place to come home to after every practice and game.

    7. Lakewood estate of mayor known as 'Mr. Dallas' hits market for $2.9 million. Chateau des Grotteaux — a Lakewood estate with a storied past, most notably the one-time residence of Dallas mayor R.L. Thornton — hit the market in April for nearly $2.9 million. Thornton, a banker and civic leader who was nicknamed “Mr. Dallas,” lived in the French-inspired estate with his family until his death in 1964.

    8. Bids start at $350K for this rare foreclosed mansion in Preston Hollow. In September, a mansion in the center of posh Old Preston Hollow appraised at nearly $5.5 million went on the auction block, with an opening bid of $350,000. The home was at 9410 Alva Ct. at the corner of Deloache Ave., in one of Dallas' most celebrity-studded neighborhoods.

    9. Former Cowboys head coach puts his Dallas mansion in play for $2.95 million. Former Dallas Cowboys coach Wade Phillips was looking to trade his Preston Hollow estate to another team: His mansion at 6115 Norway Rd. hit the market for $2.95 million in January.

    10. Rents could increase this much if Amazon HQ2 picks Dallas, new study says. In March — eight months before Amazon announced where its new headquarters would go — a new study showed the price Dallas or Austin could pay if Amazon picks either Texas city for HQ2. Data and analytics provider CoStar Group forecast that both cities would see a 10-year rise in apartment rents, but that Austin rents would increase more than those in Dallas.

    Kari Lehtonen's house, at 6331 DeLoache Ave., had an asking price of $4.25 million.

    Kari Lehnoten home, 6331 DeLoache, Preston Hollow
    Photo by Costa Christ
    Kari Lehtonen's house, at 6331 DeLoache Ave., had an asking price of $4.25 million.
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    real estate news

    This Dallas neighbor has the No. 1 housing market in America for 2025

    Amber Heckler
    Aug 20, 2025 | 10:03 am
    6908 Wind Row Drive McKinney
    Estately.com
    This cute McKinney home is listed for a mere $380K.

    As if there weren't any more reasons for people to move to McKinney: The North Dallas neighbor has topped WalletHub's list ranking the best real estate markets in 2025. Richardson, Frisco, Denton, and Allen also made the top 10.

    The personal finance website examined 300 U.S. cities based on 17 metrics based on each city's overall real estate market, housing affordability, and economic environment.

    This is the third year in a row McKinney has been named the top housing market in America. In 2024, Frisco was right behind McKinney with the second best real estate market in the country, but has since dropped into 6th place this year.

    According to WalletHub's findings, McKinney had the second-highest rate of new housing built between 2010-2023. This spike in new construction has afforded buyers the opportunity to buy homes that don't need major maintenance or renovation. Plus, the report says that McKinney's building boom isn't slowing down, as the city currently holds the third-highest number of building permits per capita nationwide.

    McKinney also topped WalletHub's separate ranking of the best midsize cities for another consecutive year. This list specifically ranked cities with populations between 150,000 and 300,000 residents.

    Though WalletHub says McKinney "isn't necessarily the cheapest city to move to," Motley Fool Money begs to differ, ranking the suburb the No. 1 most affordable city with a low cost of living and residents making high salaries.

    Zillow's Home Values Index says the average home value in McKinney is $497,766 as of July 2025, which is five percent lower than it was last year.

    "The median home price in McKinney is around 365 percent of the median income, which is the 74th-cheapest out of the 300 cities in our study," the report said. "In addition, it ranks among the 40 least expensive cities for maintenance and telephone, and energy costs."

    McKinney's affordability has also made it the No. 1 best city for renters to live, and it also reigns as one of the top 10 safest American cities.

    "To top things off, McKinney has a good job market to go along with its healthy real estate market," the report said. "It has the 11th-highest job growth rate in the nation, at nearly 21 percent annually."

    Other top real estate markets in Dallas-Fort Worth
    Richardson made an impressive leap into the top 10 best U.S. real estate markets, ranking No. 5 overall after previously ranking No. 17 last year. After Frisco in 6th place, Denton (No. 9) and Allen (No. 10) rounded out the top 10.

    Richardson, Denton, and Allen also respectively claimed the top three spots in WalletHub's small cities ranking of best housing markets. "Small cities" were categorized as those with fewer than 150,000 residents.

    Fort Worth also made a substantial improvement over last year's No. 28 rank overall. Cowtown's housing market has now risen as the 17th best in the nation, and it ranks as the 6th best in the large city category.

    Dallas' real estate market's performance has plummeted since last year, moving down from No. 59 in 2024 to No. 70 in 2025.

    Five other Dallas-Fort Worth suburbs earned spots among the top 100 best real estate markets, but all of them landed lower than their 2024 rankings.

    This is how the five remaining DFW cities performed in this year's rankings:

    • No. 45 – Plano (down from No. 34 last year)
    • No. 49 – Irving (down from No. 31 last year)
    • No. 58 – Grand Prairie (down from No. 43 last year)
    • No. 92 – Arlington (down from No. 88 last year)
    • No. 95 – Garland (down from No. 38 last year)
    "This year, the housing market is skewed much more toward sellers, with mortgage rates continuing to trend upward and home values having risen over 1.4 percent in the last year on average," the report said. "If you aim for long-term growth, equity and profit with your housing purchase, you’ll need to look beyond tangible factors like square footage and style. Those factors certainly drive up property values. From an investor’s standpoint, though, they hold less significance than historical market trends and the economic health of residents."

    The top 10 best real estate markets in the U.S. are:

    • No. 1 – McKinney, Texas
    • No. 2 – Cary, North Carolina
    • No. 3 – Irvine, California
    • No. 4 – Durham, North Carolina
    • No. 5 – Richardson, Texas
    • No. 6 – Frisco, Texas
    • No. 7 – Gilbert, Arizona
    • No. 8 – Nashville, Tennessee
    • No. 9 – Denton, Texas
    • No. 10 – Allen, Texas
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