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    Old House News

    Demolition takes down crumbling century-old Buckner House in East Dallas

    Teresa Gubbins
    Dec 22, 2023 | 4:15 pm
    1425 N buckner

    1425 N. Buckner

    Facebook

    An East Dallas-famous house near Casa Linda Plaza that sat on the market for more than a year is meeting its timely ending.

    Located at 1425 N. Buckner Blvd., it was a landmark estate sitting on 4.18 acres in the heart of Casa Linda Estates that went on the market in April.

    The grand old home was built in 1925 or 1928, depending on who you ask, and became a point of obsession for many East Dallas residents who were intrigued by its Spanish castle facade with a pale tan brick exterior and domed clay Spanish tile roof, making it look a little like a fortress, including a fun turret that sat atop.

    The house originally went on the market for $3.45 million, but the price was reduced at least half a dozen times, even being removed from the market in October. It resurfaced with a new listed price at $2.8 million, which finally drew a buyer. The listing shows the house as "under contract."

    A backhoe started knocking down the structure on the morning of December 22. By 4 pm, it was gone.

    The home had 6 bedrooms, 4.5 bathrooms, one full kitchen, a kitchenette. A yard behind the house included a massive barn filled with all manner of rusted iron junk.

    1425 N. BucknerDemolition underway on 1425 N. BuckerFacebook

    The house belonged to Tricia Johnson, and was the home of her in-laws, who passed away. She and her family were hoping that someone would renovate.

    But potential buyers who visited the house found it had not received even basic maintenance and was in great disrepair, with extensive interior damage and decay (a condition that media were not allowed by the sellers to document).

    Josh McDowell, founder of JM Construction Solutions, was one qualified buyer with the interest and skills to do a restoration, but estimated that the work would run $1 to $2 million — almost more than the house was worth. (The only buyers who were granted showings of the property had to submit financial information, curious neighborhood looky-loos were not allowed.)

    This wouldn't be the first grand but decaying old home to go on the market and be razed.

    A similar scenario recently occured with a home in Dallas' Lakewood neighborhood at 7226 Lakewood Blvd. which went on the market in August.

    That home was designed by famed architect Cliff Hutsell, built in 1932, and kept in mostly original condition by its owners until they passed away. They left the home to their children who also wanted someone to buy it and restore it, while reaping vast profits from the sale.

    Not unlike the house on Buckner, the Lakewood home had not been maintained and had numerous issues inside and out. That home was sold in September, and the buyers were not interested in restoring it. It was subsequently razed to a lot of online hue and cry.

    But the reality seems to be that the people who can afford these houses generally do not seem interested in restoring them, while the people who insist these houses be restored aren't able or willing to pay for it.

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    REAL ESTATE NEWS

    Nearly half of Dallas home sellers are slashing prices amid buyer’s market

    Brandon Watson
    Apr 29, 2026 | 2:31 pm
    Homes
    Photo by Dillon Kydd on Unsplash
    Nearly 58 percent of San Antonio home sellers dropped their list price in February

    Prospective home buyers in Dallas may want to seal the deal this spring. According to a new Redfin report, nearly 47.3 percent of home sellers in the city dropped their list price in February.

    Two other Texas cities clocked ahead of Dallas: In Austin, the number was 55.2 percent, and in San Antonio, it was an eye-popping 57.9 percent — the highest share among the 50 most populous regions in the U.S.

    According to the real estate marketplace, Texas’ dominance on this list isn't coincidental. Along with Florida, the state has been building more homes than anywhere in the nation, giving prospective buyers more options and bargaining power.

    Nationwide, 34.2 percent of February home sellers cut their asking price, a 31.5 percent rise from a year earlier and the highest share ever since Redfin began tracking markets in 2012. The average cut was $40,915, approximately 7 percent of the original sticker price.

    Redfin attributes the discounts to a classic supply-and-demand imbalance. High mortgage rates combined with economic uncertainty have kept buyers on the fence while sellers continued to flood the market with new homes. The company speculates that the real rate of cuts may be higher since it does not account for delisted properties.

    “A lot of people who couldn’t sell their homes last year opted to delist instead of reducing the price, with a plan to relist this spring because they knew that would give them a better chance of selling,” says Redfin real estate agent Aditi Jain, via a release “Some homeowners need to move immediately, but those who can afford to time the market may get a better price.”

    Redfin says that spring consistently produces the lowest share of price cuts, with May having the lowest share in six of the past 10 years, and April taking the title in three others.

    Sellers who closed in December faced the highest likelihood of cutting their price. Sellers who have owned their homes longest are also better protected from market fluctuations.

    Owners who have lived in their homes for at least seven years cut prices at a rate of 31.8 percent, compared to 37.4 percent for those who have owned for two years or less. More recent buyers who purchased their homes at the height of the pandemic boom are now reluctant to accept what the market will actually bear.

    The five U.S. cities with the highest shares of cut listing prices are:

    No. 1 — San Antonio, Texas (57.9%)
    No. 2 — Austin, Texas (55.2%)
    No. 3 — Dallas, Texas (47.3%)
    No. 4 — Tampa, Florida (45.9%)
    No. 5 — Fort Lauderdale, Florida (44.9%)

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