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Addison, TX Real Estate News

By Bob Baesmann, DFW Team Realty | 972-978-8800
( DFW Team Realty)
Home Sales in the Midway Meadows subdivision in Addison, Texas have been brisk in 2013, with 19 houses sold. The houses sold were built between the years 1980 and 1995, and the average sales price for a house in the Midway Meadows subdivision was $285,888. Click here for the full report. Addison Texas Real Estate Reports Register online for monthly updates on your city and neighborhood homes information, automatically emailed to you.  
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By Bob Baesmann, DFW Team Realty | 972-978-8800
( DFW Team Realty)
Home Sales in the Waterford subdivision in Addison, Texas have been brisk in 2013, with 16 houses sold. The houses sold were built between the years 1984 and 1993, and the average sales price for a house in the Waterford subdivision was $285,888. Click here for the full report. Addison Texas Real Estate Reports Register online for monthly updates on your city and neighborhood homes information, automatically emailed to you.  
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By Bob McCranie, Your best advocate when buying or selling your hom
(Broker Associate / Team Lead - Texas Pride Realty Group)
Addison, Texas Real Estate is affordable and has a variety of styles and features. Explore more on the links below.  Addison has a very busy commercial and restaurant area.  It's very popular but still small.  Homes in the area tend to sell for more than the suburbs around it.  It's a great area and very desirable.   Call Texas Pride Realty today to find your next home in Addison! Addison, Texas Counties: Dallas Addison is a bustling town that is alive with entrepreneurial spirit where small start-ups to major corporations are headquartered including Pizza Hut, Mary Kay Cosmetics, CompUSA and Palm Harbor Homes. Within a compact urban center, Addison has a unique combination of towering office buildings, upscale shopping, beautifully landscaped residential communities, award-winning park...
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By Lorrie Semler, REALTOR® in the Dallas area. Call/text 972-416-3417, Real Service. Real Results. Real Estate
(HomeSmart Stars)
Addison Pacesetters Learn About Addison's Tree House Addison Pacesetters (Addison, Texas residents 50+ years of age) meet the first Wednesday of each month at Dunn Bros. on Belt Line Road and learn about the Town of Addison. This month, Ben Magill, manager of Economic Development and Paula Gean, Director of Addison's Tree House, spoke to us. Here are some tidbits from their presentations and the Q & A session that followed: The Tree House is a business incubator where Addison is "planting seeds for the future." Ben's main focus as Manager of Economic Development for Addison is two-fold: bring business into the city and help those businesses already here to grow and expand. Paula likened the Tree House environment to a "community" where there are weekly events. There are 100 mentors wait...
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By Lorrie Semler, REALTOR® in the Dallas area. Call/text 972-416-3417, Real Service. Real Results. Real Estate
(HomeSmart Stars)
Real Estate Market Report for Addison, Texas: August 2014   Residential Real Estate For Sale in Addison Texas   The total number of available residential properties for sale in Addison, Texas is 47 (down from 48 last month). Currently for sale, there are:   21 single family homes (but 3 are under contract, in option). 1 half-duplex. 11 condos (1 in option). 14 townhomes. 29 of the homes above have been on the market for longer than 30 days. The average number of days on the market for the “active” status homes is 69 days, up from 63 days last month. The number is skewed by the incomplete new construction at Meridian Square. The median number of days is 43.   New listings in August   Twenty homes came on the market in Addison, TX in August 2014, down from 35 the previous month.   Subdiv...
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By Lorrie Semler, REALTOR® in the Dallas area. Call/text 972-416-3417, Real Service. Real Results. Real Estate
(HomeSmart Stars)
Addison Pacesetters Learn About Addison's East Side Parks Supervisor Addison Pacesetters (Addison, Texas residents 50+ years of age) meet the first Wednesday of each month at Dunn Bros. on Belt Line Road and learn about the Town of Addison. This month, Gerald Johnson, Parks Department supervisor on the east side of Addison spoke to us. Here are some tidbits from his presentation and the Q & A session that followed: Gerald has worked in the Parks Department for 12 years. He is the supervisor on the east side. He arrived in New York City from Jamaica in December 1997 and had never experienced cold weather before. Due to his wife's job, Gerald relocated to the Dallas area. He likes the weather here much better! He encourages the guys on his team to drink plenty of water so they don't get d...
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By Brian Force, Work With the Best!
Addison, TX Located just minutes from downtown Dallas, Addison, TX is a vibrant community in one of the nicest areas in the metroplex. Inhabited largely by young professionals and families, Addison has something for everyone. Whether you're looking for the electic nightlife scene at the Village on the Parkway, or the calming atmosphere of Addison circle, this town has something for everyone! View All MLS Homes For Sale in Addison, TX      If you are interested in finding your new home in Addison, TX, contact our experts today to set up a free buyer consultation! Interested in buying but need to sell your home first? Click here to see how our experts can help you today!  
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By Lorrie Semler, REALTOR® in the Dallas area. Call/text 972-416-3417, Real Service. Real Results. Real Estate
(HomeSmart Stars)
Real Estate Market Report for Addison, Texas: July 2014   1) Residential Real Estate For Sale in Addison Texas   The total number of available residential properties for sale in Addison, Texas is 48 (up from 37 last month). Currently for sale, there are:   23 single family homes (but 4 are under contract, in option). 1 half-duplex. 11 condos (2 in option). 20 townhomes (1 in option). 25 of the homes above have been on the market for longer than 30 days. The average number of days on the market for the “active” status homes is 63 days, down from 81 days last month. The number is skewed by the incomplete new construction at Meridian Square.   New listings in July   Thirty five homes came on the market in Addison, TX in July 2014, more than double the previous month (14 in June).   Subdivi...
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By Lorrie Semler, REALTOR® in the Dallas area. Call/text 972-416-3417, Real Service. Real Results. Real Estate
(HomeSmart Stars)
Looking For Truth in Addison? As we all know, there are at least two sides to every story. In Addison, Texas, lately, the second side of the story has been hard to find. Until now. The Truth in Addison website is up and functional and you owe it to yourself to check it out if you live in, work in, or play in Addison. Created by a dozen or so Addison residents, some of whom are former Town Council memers, www.TruthInAddison.com provides a perspective different from the picture painted by the current mayor and his merry minions. One of the reasons the website was created: "The Town is experiencing a climate of mistrust and divisiveness that has been fueled in large part by the fact that our residents are not receiving full and complete information." I urge you to read this editorial to ge...
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By Bob Baesmann, DFW Team Realty | 972-978-8800
( DFW Team Realty)
Home sales in the Addison area were up 0% in June 2014 compared to last year, with 193 homes selling this month. So far this year, overall home sales have a decrease of 9% , with 860 homes sold. New Addison real estate listings increased 0% from last year, with 231 homes listed this month. For the year-to-date, home listings have decreased 8%, with 1,233 homes listed. The number of current listings under contract this month was down 7%, at 158 homes. Listings under contract for the year-to-date have decreased 11%, with 950 homes under contract. Click here to view homes in Addison. Addison Home Values Report Register online for monthly home value updates on your city and neighborhood, automatically emailed to you.  
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By Lorrie Semler, REALTOR® in the Dallas area. Call/text 972-416-3417, Real Service. Real Results. Real Estate
(HomeSmart Stars)
Addison's Valley of Bent Tree Condominiums Mid-Year Market Update: Jan-June 2014   The Valley of Bent Tree Condominiums in Addison, Texas at 16301 Ledgemont Lane are just north of Addison Circle, the hub of restaurants, entertainment and shopping.  As an Addison resident, you may join the Addison Athletic Club, open to all Addison Texas residents, for a one-time $10 fee for as long as you reside in Addison.   Close to major thoroughfares such as I-35, the Dallas North Tollway and 635, the Valley of Bent Tree Condos are ideally situated. There is currently one unit for sale in Valley of Bent Tree, a 2 bedroom condo, priced at $107,900. It is already under contract. Nine condos sold in the first half of 2014. One bedrooms sold for $65,000 to $80,000 and two-bedroom units sold between $86,...
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By Lorrie Semler, REALTOR® in the Dallas area. Call/text 972-416-3417, Real Service. Real Results. Real Estate
(HomeSmart Stars)
Addison's Pecan Square Condos Mid-Year Market Update: Jan-June 2014 Pecan Square Condominiums in Addison, Texas are one and two-bedroom units, each with a one-car garage, located on Beltway Road, just south of Belt Line and west of Midway. This location is convenient to restaurants, shopping, major highways, and the Addison Athletic Club (one time $10 fee for as long as you live in Addison). Most of the two-bedroom units are two-story townhouse style condos. The complex consists of an outdoor pool and 63 units. Because the complex is not on the FHA Approved list, buyers cannot finance more than 80% of the purchase price, or they must be cash buyers.  One person owns more than 10% of the units and there is a high number of rentals. There is currently one unit for sale at Pecan Square, a ...
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By Lorrie Semler, REALTOR® in the Dallas area. Call/text 972-416-3417, Real Service. Real Results. Real Estate
(HomeSmart Stars)
Addison's Asbury Circle Townhomes Mid-Year Market Update Jan-June 2014   The seventy two townhomes in Asbury Circle in Addison, Texas were built by Ashton Woods.  There are 2 different floor plans; all have a 2-car garage and a balcony, and all are 3-stories. They range in size from 2,326 square feet to 2,584 square feet. Most of the townhouses are 3 bedrooms, 3 1/2 baths, but there are a few 2 and 4 bedroom homes. The building along the south end of the subdivision faces the Addison Athletic Club and the experimental rose garden. The entrance is off Belt Line Road. HOA dues are $160 per month and cover yard maintenance, the sprinkler system, blanket insurance and management fees. There are currently 4 townhomes for sale in Asbury Circle, priced from $295,000 to $355,000. Another is pen...
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By Lorrie Semler, REALTOR® in the Dallas area. Call/text 972-416-3417, Real Service. Real Results. Real Estate
(HomeSmart Stars)
Addison's Towne Lake Mid-Year Market Update: Jan-June, 2014 Towne Lake is a subdivision of just 63 townhomes, off Beltway Road, one block south of Belt Line and west of Midway Road in Addison, Texas. Built in 1997-1999, Towne Lake is comprised of two and three story townhomes, on two streets: Towne Lake and Towne Green. The three and four bedroom townhouses, ranging from 1578 to 2578 square feet,  are platted in a figure-eight design, with those on Towne Lake surrounding a small man-made lake. Those on Towne Green are built around a small pond.  The area between the two circles is where the pool and clubhouse are located. The neighborhood is conveniently located near the Addison Athletic Club and Fire Station 2, with ready access to shopping, dining, parks and recreational areas.  One t...
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By Lorrie Semler, REALTOR® in the Dallas area. Call/text 972-416-3417, Real Service. Real Results. Real Estate
(HomeSmart Stars)
Addison's Midway Meadows Mid-Year Market Update: Jan-June, 2014. The Midway Meadows subdivision in Addison, Texas, developed by R.C. Williamson in 1980, consists of 104 homes in the Addison Timbers HOA plus approximately 100 other single family residences not in the HOA. There are also duplexes; however, the information below covers the single family homes only. The neighborhood is bounded by Beltway to the north and Proton to the south; Midway to the east and Morman to the west. Homes in Midway Meadows are conveniently located near the Addison Athletic Club and Fire Station 2, with ready access to shopping, dining, parks and recreational areas. Le Grande is the only drivable entrance/exit to the neighborhood. This limits traffic, provides greater security and a more cohesive neighborho...
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By Lorrie Semler, REALTOR® in the Dallas area. Call/text 972-416-3417, Real Service. Real Results. Real Estate
(HomeSmart Stars)
Looking for an Organic Restaurant in Addison? Try Z Taverna If you try to eat healthy at home, with local produce, grass-fed beef, hormone-free dairy, and cage-free eggs, now you can also eat healthy when dining out in Addison, Texas. Executive chef Richard Silva at Z Taverna, has compiled wonderful lunch and dinner menus, plus specialty cocktails, and beer and wine selections. Z Taverna, An Organic Bar & Grill, is located in the old Ziziki's space in the Addison Walk complex, just west of the Tollway. The address is 5000 Beltline Road #300, Addison TX 75254. The "keep it local" theme is carried through to the art on the walls, all done by local artists and available for purchase. There was even a class for amateur artists in the restaurant the evening I was there. Although Silva was al...
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By Lorrie Semler, REALTOR® in the Dallas area. Call/text 972-416-3417, Real Service. Real Results. Real Estate
(HomeSmart Stars)
Addison Pacesetters Learn About Upcoming Senior Events At Sam's Club Addison Pacesetters (Addison, Texas residents 50+ years of age) meet the first Wednesday of each month at Dunn Bros. on Belt Line Road and learn about the Town of Addison. This month, Prasad Mathew, Pharmacy Manager at the Sam's Club in Addison, spoke to us. Here are some tidbits from his presentation and the Q & A session that followed: Sam's Club, in association with the Addison Athletic Club and the Texas Department on Aging, is offering a "Cool Summer Steps For Seniors" program. You do NOT have to be a member of Sam's Club to participate in this program. Time: 8:00 am. Dates: Wednesdays, August 13th, August 20th, and August 27th, 2014. Seniors (50+) are invited to an indoor, air-conditioned stretch and walk. Pedome...
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By Lorrie Semler, REALTOR® in the Dallas area. Call/text 972-416-3417, Real Service. Real Results. Real Estate
(HomeSmart Stars)
Real Estate Market Report for Addison, Texas: June 2014   Residential Real Estate For Sale in Addison Texas The total number of available residential properties for sale in Addison, Texas is 37 (down from 40 last month). Currently for sale, there are: 14 single family homes (but 3 are under contract, in option). 1 half-duplex. 11 condos (2 in option). 11 townhomes (2 in option). 23 of the homes above have been on the market for longer than 30 days. The average number of days on the market for the “active” status homes is 81 days, down from 103 days last month. The number is skewed by the incomplete new construction at Meridian Square.   New listings in June Fourteen homes came on the market in Addison, TX in June 2014 (down from 19 the previous month). Subdivision Street Bed/Bath/Gar Sq...
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By The Legacy Group, The LegacyGroup of CrossCountry Mortgage
(CrossCountry Mortgage)
Special Government Home Renovation Loan Program using Addison Texas FHA 203k Loans.     Many people are not aware of a special government loan program that is part of the Federal Housing Administration or FHA(a department within HUD). Existing home owners or potential home buyers can remodel and update their homes without having a higher cost second lien because of this FHA loan program.         However, this loan program doesn't allow for "luxury items" in your home such as a swimming pool, hot tub, or other accessories. Repaint, remodel cabinetry in kitchens and bathrooms, add wallpaper, replace appliances and flooring and even a add a room to an existing structure (which will increase the value of the homes square footage).         One of the biggest advantages to this government loa...
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By Bob Baesmann, DFW Team Realty | 972-978-8800
( DFW Team Realty)
Addison Texas Real Estate Sales were up 7% in March 2012 over the same month last year with 109 homes selling this month! For the year to date, overall home sales were at 262 homes sold, a 15% change from last year. The Texas home market for the first quarter 2012 in the DFW Metroplex is overall improved over the last year. With both prices and interest rates at historic lows, this is an idea time to purchase for both new home owners and current home owners moving to larger homes. It is key to have your financing and prequalification work in process to insure a smooth transaction. As the spring begins and school ends more homes with be put on the market and more prospective buyer will be looking for homes. Traditionally the second and third quarters are the busiest in the real estate in...
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