Dallas Housing Just Got a Whole Lot More Affordable 🏘

Inside: DeChambeau's Dallas Mansion Sells for $2.8M 🏡

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Hey there, Texas real estate fans! 🏡

Welcome to the latest edition of Texas Property Round Up. Whether you are a relatively well-informed real estate professional or a Layman concerned with recent developments regarding the Texas real estate market, we take a brief look at what is going on.

This time, we are presenting you some of the most exciting stories in Texas real estate—from a massive $67 million initiative to upgrade Dallas housing, to the return of the classic roller-skating theme in Boerne. In addition, we will give you glimpses of elaborated mansions located all over the United States and immerse you to one of the most beautiful wonders of nature – the Guadalupe River State Park.

Well, hold on to your hats and let’s take off into all the things Texas has to offer!

📰 Upcoming in this issue

  • Transforming Dallas Real Estate: A $67M Investment Goes Affordable in Oak Cliff 🏘️

  • Extravagant Estates: America’s Largest Homes 🏰

  • Bryson DeChambeau's $2.8M Dallas Mansion: A Swift Sale 🏡

  • Texas Barbecue: A Culinary Tradition Steeped in Flavor and Passion

  • The Natural Beauty of Guadalupe River State Park, Texas

  • Embrace Outdoor Living:  Relax & Retire Near Top State Park in Texas

  • Top Small Towns in Texas

  • What Celebs Seek in a Home: Insights from Texas Realtors

  • Texas Housing Market Predictions 2024

  • Texas Ranks Among the Top 3 States to Buy Property Before 2025

  • Top Homeowners Insurance in Texas for 2024

Transforming Dallas Real Estate: A $67M Investment Goes Affordable in Oak Cliff 🏘️ read the full 609-word article here

Article published: August 7, 2024

Vistria Group and Waterford Property Company have made a significant move in Dallas's real estate market by acquiring the Axis at Kessler Park, a 299-unit luxury property, for $67 million.

They secured a 100% tax abatement for 99 years in exchange for making the units affordable for Dallas residents.

The terms of the sale were not disclosed, but the property was valued at $66 million in 2024, Dallas Central Appraisal District records show.

This public-private partnership, with Freddie Mac funding over half the purchase price, highlights the power of strategic collaborations in achieving win-win outcomes even in challenging markets.

Key Takeaways:

  • 💰 100% tax abatement: Buyers will avoid paying property taxes for 99 years by offering affordable rents.

  • 🏢 Mixed-income housing: 50% of units are reserved for residents earning 60-80% of the area’s median income.

  • 🤝 Public-private partnership: Freddie Mac funded 55% of the purchase, showcasing creative financing solutions.

  • 📍 Prime location: The Axis at Kessler Park is just five miles from downtown Dallas, a strategic win for the buyers.

Extravagant Estates: America’s Largest Homes 🏰 read the full 3,060-word article here

Article published: July 30, 2024

Check out the biggest houses by square footage in the U.S. The biggest ones might surprise you.

I just read “The Biggest Home in Each State That Will Stun You” by Family Handyman, and it truly lives up to its name.

The article showcases America’s most extravagant and enormous residences, highlighting the largest homes in every state, from historic castles to modern megamansions.

With features like a 35-foot-deep pool for scuba diving and homes built to withstand natural disasters, these properties are both diverse and uniformly stunning.

Key Takeaways:

  • 🏰 Biltmore Estate in North Carolina: The largest home in the U.S., spanning 175,000 square feet, boasts 35 bedrooms and 65 fireplaces.

  • 💰 Oheka Castle, New York: Built for $11 million in 1914-19, equivalent to $158 million today, this castle is now a luxury hotel.

  • 🚨 Pensmore, Missouri: Designed to be disaster-proof, this 72,000-square-foot fortress can withstand EF-5 tornadoes and more.

  • 🏊‍♂️ The One, California: At 100,000 square feet, it features 20 bedrooms, 30 bathrooms, and is valued at $340 million, making it the U.S.'s priciest home.

Bryson DeChambeau's $2.8M Dallas Mansion: A Swift Sale 🏡 read the full 445-word article here

Article published: August 8, 2024

A five-bedroom mansion in the Melshire Estates neighborhood of Dallas’ Preston Hollow area is no longer for the birdies.

Bryson DeChambeau’s Dallas mansion sold in less than three months for just over $2.8 million, 6.7% below the original asking price.

Despite today’s sluggish real estate market, the 5,500-square-foot property in Melshire Estates quickly found a buyer, thanks in part to unique features like an HD golf simulator and a backyard designed for entertaining.

This sale highlights a surprising trend, as luxury home sales in Dallas have surged by over 15% this year.

Key Takeaways:

  • 🏌️‍♂️ DeChambeau’s mansion sold 6.7% under asking price: On market less than three months, a speedy deal in today’s market.

  • 🎯 The home’s media room is a golfer's dream: HD golf simulator, pool table, and two flat-screens included in the sale.

  • 🔥 Backyard primed for luxury entertaining: Custom pergola, fire pit, and built-in grill offer top-notch outdoor living.

  • 📈 Dallas luxury market defies trends: Sales of $1M+ homes surged by 15.3% year-over-year in Q1, reflecting continued demand.

Texas Barbecue: A Culinary Tradition Steeped in Flavor and Passion

Texas barbecue is far more than just a meal; it’s a celebration of culture and a testament to the state's rich culinary heritage. This iconic cuisine captivates with its variety, drawing on regional traditions and unique cooking techniques that set it apart. From the famed brisket of Central Texas to the sweet, saucy ribs of East Texas, Texas barbecue offers a taste of the state’s diverse landscape and the passion of its people.

Regional BBQ Flavor & Style

The essence of Texas barbecue lies in its regional styles, each contributing its own flavor profile and cooking methods. In Central Texas, barbecue is a reverent affair centered around beef, especially brisket. Here, simplicity reigns supreme as meat is seasoned with nothing more than salt and pepper before being smoked for hours over post oak wood. This technique results in a tender, flavorful brisket that highlights the quality of the meat. Accompanied by traditional sides like pickles, onions, and slices of white bread, Central Texas barbecue embodies a straightforward yet profoundly satisfying experience.

Moving to East Texas, the barbecue scene transforms with a distinct Southern twist. Here, the meat—often pork or chicken—is cooked with a sweeter, tomato-based sauce. This regional approach reflects the area's Southern influences, emphasizing a more pronounced use of sauce that complements the smoky meat.

In South Texas, barbecue enthusiasts experience a unique smoky flavor imparted by mesquite wood. This regional style is characterized by its robust, smoky aroma and often includes spicy sausages and beef ribs. The mesquite wood adds a depth of flavor that sets South Texas barbecue apart from its counterparts.

West Texas offers a different take altogether with its "cowboy style" barbecue. Instead of the slow-smoked approach, meats are cooked over an open flame. This direct heat method imparts a charred flavor that stands in contrast to the smokier profiles of other regions, delivering a hearty and straightforward barbecue experience.

In some areas, barbecue merges with Tex-Mex cuisine, creating a fusion that incorporates Mexican flavors and ingredients. This blend often features spicy rubs and marinades, resulting in a vibrant, flavorful barbecue that showcases the region's diverse culinary influences.

Local BBQ Festivals & Events

The passion for barbecue in Texas extends beyond mere appreciation; it permeates the state’s culture. Texans don’t just enjoy barbecue—they celebrate it. This fervor is evident in local barbecue festivals and competitions that bring together the best pitmasters and barbecue aficionados. The Houston Barbecue Festival, for example, allows attendees to sample a wide range of styles from top barbecue joints, while Austin’s Texas Monthly BBQ Fest is renowned for showcasing exceptional barbecue and offering a chance to meet the chefs behind the creations. In Lockhart, the annual BBQ Cookoff highlights the town’s status as the “Barbecue Capital of Texas,” attracting competitors and enthusiasts alike.

BBQ as a Lifestyle in Texas

Owning land in Texas enhances this barbecue-centric lifestyle. In today’s economy, Texas land ownership presents an opportunity to take advantage of the state’s low property taxes, economic growth, and abundant job prospects. But the benefits extend beyond financial considerations. Texas’s expansive landscapes and warm climate make it ideal for outdoor living and year-round barbecue gatherings. Imagine having the freedom to host your own backyard cookouts, explore local barbecue joints, and fully immerse yourself in the state's culinary culture.

In essence, Texas barbecue is more than a culinary tradition; it is a way of life that reflects the state’s spirit and diversity. Owning land in Texas not only offers a strategic endeavor but also provides the opportunity to engage deeply with the state’s rich barbecue culture. Whether you’re indulging in a perfectly smoked brisket or participating in a local barbecue festival, the Texas barbecue lifestyle promises a flavorful and fulfilling experience.

The Natural Beauty of Guadalupe River State Park, Texas

Nestled in the heart of the Texas Hill Country, Guadalupe River State Park offers a perfect blend of outdoor adventure and tranquil nature. Just an hour's drive from San Antonio, this picturesque park is a haven for nature enthusiasts, families, and anyone looking to escape the hustle and bustle of city life.

A River Runs Through It

The star attraction of the park is, of course, the Guadalupe River. Whether you're a fan of swimming, tubing, or fishing, the crystal-clear waters provide endless opportunities for fun and relaxation. The river’s cool, refreshing flow is ideal for a leisurely float on a hot Texas day or a peaceful spot to cast a line and try your luck with the local fish population.

Trails for All Levels

For those who prefer to stay on dry land, the park offers over 13 miles of scenic hiking and biking trails that wind through rugged limestone bluffs, dense forests, and open meadows. These trails range from easy walks to more challenging hikes, making them accessible to visitors of all skill levels. Along the way, you’ll have the chance to spot a variety of wildlife, including deer, armadillos, and countless species of birds.

Perfect for Family Getaways

Guadalupe River State Park is an excellent destination for families. With ample picnic areas, playgrounds, and camping facilities, the park is well-equipped to handle a full day of activities or an extended stay. The park’s Discovery Center offers interactive exhibits that educate visitors about the local ecosystem, making it a fun and educational stop for kids and adults alike.

Conservation and Natural Beauty

The park is not just a place for recreation; it’s also a vital area for conservation. Efforts to preserve the park’s natural beauty are evident in its well-maintained facilities and the care taken to protect the local wildlife and plant species. Visitors are encouraged to practice Leave No Trace principles to help maintain the park’s pristine environment for future generations.

Whether you’re seeking adventure, relaxation, or a bit of both, Guadalupe River State Park is a must-visit destination in Texas. Pack your bags, grab your hiking boots or swimsuit, and get ready to explore one of the Lone Star State’s natural treasures.

GUADALUPE RIVER STATE PARK – UPCOMING EVENTS

Whether you enjoy a storytime craft, a frolic through the foliage, or day full of outdoor adventure – there’s always more to explore at Guadalupe River State Park!  Here are a few upcoming events this fall that will make this season extra memorable:

Storytime and Craft: Bats

Join Ranger Katy as she reads the story, Stellaluna, and then make a bat craft to take home. 

Where: Amphitheater behind the Discovery Center at Guadalupe River State Park
When: Sat, August 24th, 2024 from 6:45 p.m. to 7:45 p.m.

Bring: Your family and creativity!  All ages welcome!
Cost: Free with park admission; Adults: $7, Children 12 & under: Free

Bat Walk and Talk

Join us on International Bat Night for a walk and talk!

International Bat Night is observed by around 30 countries to bring to light the need for preserving this nocturnal species. International Bat Night started in 1997 to inform the public about the needs and benefits of bats in nature. This annual observance helps to promote the good image of bats and busting some myths and providing clarity on them.

Join us for a discussion all about bats (and why we love them). Stick around for a short, guided walk with a bat detector to see if we can see/hear any of our only flying mammal friends. 
Where: Amphitheater behind the Discovery Center at Guadalupe River State Park

When: Sat, August 24th, 2024 from 8:00 p.m. to 9:30 p.m.
Who: All ages welcome; please no pets 

Bring: Your flashlight/headlamp (preferably with a red lens) and curiosity!
Cost: Free with park admission; Adults: $7, Children 12 & under: Free

Foliage Frolic: A Journey Amongst the Trees

Stay in the shade and come on a guided walk with us!

Join Ranger Katy on a short walk (less than 1-mile in length over relatively flat terrain) through the trees and learn how to identify different species of native trees in the hill country region, how we can use trees to help navigate where we are in Texas and learn more about why we love trees!
Where: Meet outside the Discovery Center at Guadalupe River State Park
When: Sat, August 31st, 2024 from 9:00 a.m. – 10:30 a.m.

Who:  All ages welcome!

Bring: Sturdy footwear, water, and sun protection
Cost: Free with park admission; Adults: $7, Children 12 & under: Free

Hunting and Fishing Day

SAVE THE DATE! 

Come celebrate Hunting and Fishing Day with us at Guadalupe River State Park! Details forthcoming!

When: Saturday, September 28th, 2024

Embrace Outdoor Living:  Relax & Retire Near State Parks

Retirement calls, and with it comes the allure of leisurely days, adventure-filled escapades, and the serenity of nature. For active adults seeking the perfect blend of excitement and relaxation, Texas emerges as an unparalleled haven. Boasting a tapestry of landscapes, vibrant communities, and an abundance of recreational opportunities, the Lone Star State stands as an epitome of retirement bliss.

Guadalupe River State Park near Winans Creek Ranch 

Guadalupe River State Park, nestled in the heart of Texas Hill Country, offers picturesque landscapes and outdoor adventures along the scenic Guadalupe River. With opportunities for hiking, swimming, fishing, and camping, it's a nature lover's paradise just a short drive from Winans Creek Ranch, making it a convenient escape for those seeking riverside relaxation and Hill Country exploration.

Presented by Winans Creek Ranch: Stunning 10 to 15 Acre Homesites with Panoramic Hill Country Views!

Discover Winans Creek Ranch, where you can own a beautiful 10 to 15-acre homesite with Panoramic Hill Country Views! Immerse yourself in spectacular 30-mile panoramic Hill Country views, surrounded by nature's beauty and tranquility. Enjoy modern conveniences with high-speed fiber-optic internet, electric access, and private wells, all while benefiting from low taxes through ag valuation and a low cost of living. As a resident, you'll have access to the owner's creekfront park and be just a stone's throw away from the stunning Guadalupe River State Park. Whether you're looking to retire or simply embrace outdoor living, this is your chance to experience the best of Texas Hill Country. Don't miss out on the opportunity to live the tranquil country lifestyle at Winans Creek Ranch!

Why It Matters

It’s not just about paying attention to what’s trending or what’s being discussed in the news headlines, but more importantly, it is about acknowledging that we exist and are living in societies that are being influenced by these trends and stories.

Each of these stories – ranging from affordable housing plans to the peculiarities of the Texas real estate market as illustrated by the choices of famous personalities – tells about the changes that are taking place in the state.

No matter whether you are thinking of a relocation, buying a property or just want to admire the landscape of your state, it is always helpful to be updated on certain matters to make the right choices and to have a feeling of belonging to the community.

Catch you in the next issue of Texas Property Round Up!

Hannah Collinsworth
Editor-in-Chief
Houston, Texas
Texas Property Round Up

P.S. – Don’t miss out on this incredible opportunity from Winans Creek Ranch! Secure your own beautiful 10 to 15-acre homesite, complete with stunning Hill Country views, private wells, and easy access to Guadalupe River State Park. Click here to start your journey to the perfect Texas country lifestyle at Winans Creek Ranch!

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