Addison, TX Real Estate News

By Lorrie Semler, REALTOR® in the Dallas area. Call/text 972-416-3417, Real Service. Real Results. Real Estate
(Texas Pride Realty Group Brokered by HomeSmart Stars)
MARKET UPDATE: Addison's Midway Meadows Subdivision, Single Family Homes  1/1/09 - 6/30/09 (The duplex homes in Midway Meadows are not included in this update.) There are currently 3 homes on the market, ranging from $210,000 to  $315,000. There were 4 sales in the neighborhood in the first 6 months of 2009, with $114.32 being the average price per sq. ft. (down from $122.26 for the prior 6 month period).  Homes sold from a low of $188,000 to a high of $212,000.  The highest sale was at $130.76/sq. ft. (down from $137.30/sq. ft. in the prior 6 month period).  Higher priced sales typically reflect updated homes. Please call me for a FREE MARKET ANALYSIS and  suggestions on getting your home ready to go on the market.  Now is a great time to sell because there is so little competition in ...
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By Lorrie Semler, REALTOR® in the Dallas area. Call/text 972-416-3417, Real Service. Real Results. Real Estate
(Texas Pride Realty Group Brokered by HomeSmart Stars)
MARKET UPDATE: Addison's Towne Lake Townhomes          1/1/09 - 6/30/09 There are currently 2 homes on the market, ranging from $293,000 to  $299,900. There was only 1 sale in the neighborhood during the first six months of 2009, at $131.62 per sq. ft. (down from the average sales price of $146.19 six months ago).     Please call me for a FREE MARKET ANALYSIS and  suggestions on getting your townhouse ready to go on the market.  Now is a great time to sell because there is so little competition in the Towne Lake subdivision! With only 75 active properties on the market in all of Addison (29 are townhouses), this is the time to sell while inventory is low!  Historical Perspective for Towne Lake Townhomes:    7/07 - 12/07 1/08 - 6/08 7/08 - 12/ 08 1/09-6/09 Lowest List Price $259,900 $279...
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By Lorrie Semler, REALTOR® in the Dallas area. Call/text 972-416-3417, Real Service. Real Results. Real Estate
(Texas Pride Realty Group Brokered by HomeSmart Stars)
MARKET UPDATE: Addison's Valley of Bent Tree Condominiums    1/1/09 - 6/30/09 There is currently only one unit for sale, priced at $64,000 and it has one covered parking space assigned. A  pool and tennis courts are in the complex.  There have been 4 sales in the complex since January 1st, with $95.03 being the average price per sq. ft. (up from $90.80 for the previous 6 month period).  Units sold from a low of $63,900 to a high of $94,900. The highest sale was at $101.21/sq ft, up from $95.72/sq ft  for the previous 6-month period. Please call me for a FREE MARKET ANALYSIS and  suggestions on getting your condo ready to go on the market.  Now is a great time to sell because there is so little competition at The Valley of Bent Tree! With only 69 active properties on the market in all of...
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By Lorrie Semler, REALTOR® in the Dallas area. Call/text 972-416-3417, Real Service. Real Results. Real Estate
(Texas Pride Realty Group Brokered by HomeSmart Stars)
MARKET UPDATE: Pecan Square Condos in Addison, Texas  1/1/09 - 6/30/09 There are currently no units on the market in the Multiple Listing Service for the Pecan Square Condominimums.  There has been only 1 sale in the complex since January 1st, at $127.10 per square foot (down from $129.94 six months ago).  The 2 bedroom unit sold for $121,000 (as compared to the previous sales six months ago at $123,500 and $123,900). Please call me for a FREE MARKET ANALYSIS and  suggestions on getting your condo ready to go on the market.  Now is a great time to sell because there is no competition at Pecan Square! With only 69 active properties on the market in all of Addison (17 are condos), this is the time to sell while inventory is low!  Historical Perspective:      7/07 - 12/07 1/08 - 6/08 7/08 ...
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By Lorrie Semler, REALTOR® in the Dallas area. Call/text 972-416-3417, Real Service. Real Results. Real Estate
(Texas Pride Realty Group Brokered by HomeSmart Stars)
Addison, Texas has not been as hard hit with foreclosures as other parts of the country, but foreclosures do exist here.  The foreclosure auction is held at the county courthouse on the first Tuesday of each month.  Properties on the following streets are posted for the August 4, 2009 auction and include one condo, one single family home, an office building and a shopping center. Street Name Sub Division Property Type   ADDISON CIR  AVENTURA  CONDO   BELT LINE RD  ADDISON TOWN CENTER  SHOPPING CENTER   DALLAS PKWY  HANOVER PARK  OFFICE BLDG   HAMPTON CT  BELLBROOK ESTATES  RESIDENTIAL   If you think you might be interested in purchasing a property at the foreclosure auction, I suggest that you attend the auction for a few months, learn the procedure, and do your research about any prope...
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By Lorrie Semler, REALTOR® in the Dallas area. Call/text 972-416-3417, Real Service. Real Results. Real Estate
(Texas Pride Realty Group Brokered by HomeSmart Stars)
 New School in Addison - Public Information Meeting Please join the Town of Addison and Dallas Independent School District officials along with the architects to learn more about the new school and its design, Wednesday, July 15, 2009 at the Addison Athletic Club; 6:30 PM. Childcare services will be provided on site during the meeting.  Please contact the Athletic Club staff in advance at 972-450-7048 if you wish to attend the meeting and use childcare services. For more information visit http://www.addisontx.gov/repository/unmanaged_content/reports/City%20Managers%20Department/Reports/DISDMeetingSign-AthleticClub-07-09-09.pdf Addison does not have it's own School District.  Most of Addison falls within the DISD; part is within the Carrollton/Farmers Branch ISD.  There are currently no ...
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By Lorrie Semler, REALTOR® in the Dallas area. Call/text 972-416-3417, Real Service. Real Results. Real Estate
(Texas Pride Realty Group Brokered by HomeSmart Stars)
 Home sales in Addison, Texas during June, 2009 Address   BR Bath Gar SqFt DOM $/SqFt Sale Price Brookhaven Club (Condo)     3 2.1 0 1,597 92 $66.06 $105,500 Morman Ln(Half Duplex)     3 2.0 2 2,038 335 $85.87 $175,000 Morman Ln(Half Duplex)     3 2.0 2 1,885 33 $98.67 $186,000 Azure Ln(Single Family)     3 2.1 2 2,665 224 $109.29 $291,269 Towne Lake Cir(Townhouse)     3 2.1 2 2,302 166 $131.62 $303,000 Quorum Dr(Townhouse)     3 3.0 2 2,105 144 $140.14 $295,000 Park PL(Single Family)     3 2.1 2 3,081 383 $107.11 $330,000                     Min 3     1,597 33   $105,500   Max 3     3,081 383   $330,000   Average 3     2,239 197   $240,824                       In the past 6 months, there have been 43 sales in Addison.  That may not seem like a lot, but there are only 15,000 residents ...
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By Lorrie Semler, REALTOR® in the Dallas area. Call/text 972-416-3417, Real Service. Real Results. Real Estate
(Texas Pride Realty Group Brokered by HomeSmart Stars)
Addison Pacesetters (the 50+ group) meet the first Wednesday of each month at Dunn Bros. Coffeehouse on Beltline Road and learn about the Town of Addison.  This month, Ms. Betsy Sterns from the Recreation Department spoke to us. Here are some interesting tidbits from her presentation: Betsy has had some interesting jobs before coming to the Town of Addison.  She served in the Air Force in Biloxi, helping to clean up after Hurricane Camille; worked in the food service industry; at a Petco store; and as an instructor for a special population program in Yuma, Arizona. She has been with the Town of Addison for the past 9 years. Betsy's responsibilities include: investigating if Addison Athletic Club members actually live in Addison (a requirement for continuing membership) scheduling the Pa...
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By Lorrie Semler, REALTOR® in the Dallas area. Call/text 972-416-3417, Real Service. Real Results. Real Estate
(Texas Pride Realty Group Brokered by HomeSmart Stars)
 Celebrate Independence Day, Addison style! Friday, July 3, 20095 PM - MidnightNext to the Addison Conference Centre15650 Addison RoadAddison, Texas 75001 Enjoy live music, amazing fireworks, and a historic Warbird flyover. The schedule of events includes: Family Fun Zone (5:00 PM - 9:30 PM) concessions, rock climbing wall, giant slide, inflatables and more Main Stage(5:00 - 5:45)  Air National Guard Band of the Gulf Coast's Thunder Roll (6:15 - 7:15) Studio 54(7:45 - 8:00) Plano Children's Chorale(8:05 - 9:15) Air National Guard Band of the Gulf Coast andthe United States Air Force Band of the West Concert Band(9:20 - 9:35) Mayor's Welcome, Presentation of the Colors by the Civil Air Patrol Group 3 Color Guard and the National Anthem featuring Air National Guard Band of the Gulf Coast,...
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By Lorrie Semler, REALTOR® in the Dallas area. Call/text 972-416-3417, Real Service. Real Results. Real Estate
(Texas Pride Realty Group Brokered by HomeSmart Stars)
17 homes came on the market in Addison, TX in June, 2009 (down from 21 last month). In addition to the homes below, there are another 46 that have been on the market for more than a month.  Now is the time to buy!  If you are looking for an Addison home, call me!  Now is also the time to sell, while inventory is still low! New Addison Listings: June 2009 Subdivision Street Sq Ft Bed/Bath/Gar Price CONDOS         None         DUPLEXES         Midway Meadows Sopras Circle 2098 3/2/2 $219,500 TOWNHOUSES         District A Breedlove 2190 3/3/2 $360,000 District A Seabolt 1844 2/2/2 $269,000 District A Parkview 1890 2/2/2 $309,000 District A Quorum 1720 2/2/2 $320,000 District A Quorum 2172 3/3/2 $299,900 Town Homes Addison Peabody Ln. 1749 3/3/2 $299,900 SINGLE FAMILY HOMES         Addison ...
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By Lorrie Semler, REALTOR® in the Dallas area. Call/text 972-416-3417, Real Service. Real Results. Real Estate
(Texas Pride Realty Group Brokered by HomeSmart Stars)
Guaranteed fun for the whole family!10:00 AMThe 16th Annual 4th of July Addison's Kid's Parade Bring your American flags.  Decorate your bikes, yourself, your pets. The parade begins at Lakeview Court Circle and loops the lake once, ending at the Les Lacs Pavillion where food and drinks will be served.  Come hungry for hamburgers and hot dogs.  Meet your neighbors and celebrate the birth of our country with a BANG! If you'd like to participate by helping to place flags around the lake or by bringing snacks, please contact me and I'll put you in touch with the organizers of the event!                                               
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The Dallas area has many great Independence Day celebrations to choose from.  One of my favorites is Kaboom Town in Addison. A free, night-long celebration of our country’s independence and national pride, Kaboom Town has been rated one of the top places to watch Independence Day fireworks in the USA by the American Pyrotechnics Association, USA Today and The Wall Street Journal. The event will feature live music performances, historic airplane flyovers and a fireworks display choreographed to music and a live radio simulcast on 100.3 JACK FM.   Kaboom Town begins Friday July 3 at 5:00pm (what a great way to kick off the holiday weekend) and runs until Midnight at Addison Circle Park.  It is one of my personal favorites and definitely a "don't miss" event!  Whatever your Independence D...
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By Lorrie Semler, REALTOR® in the Dallas area. Call/text 972-416-3417, Real Service. Real Results. Real Estate
(Texas Pride Realty Group Brokered by HomeSmart Stars)
OK, OK, I admit it!  I'm a Yankee.  And not a big fan of Mexican food.  But......... I've lived in North Texas for 30 years and every once in a while I get dragged to a Mexican restaurant by friends.  Last night was one of those occasions.  And I loved it! Masaryk is a "Modern Mexican Kitchen & Tequila Lounge" at 5004 East Addison Circle, Addison Texas 75001.  The food was fabulous!  (Except the salsa dip for chips, which was a little too hot for my naive taste buds.)  I had the Salmon Masaryk, a pan seared dish smothered with hearts of palm in a buerre blanc sauce, atop pepita pesto mash, with microgreens.  My friend had the Pollo Agave, a pan seared chicken breast with sauza tequila and a chanterelle cream reduction, also with the pepita pesto mash and a garlicky spinach. Chef/Proprie...
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By Lorrie Semler, REALTOR® in the Dallas area. Call/text 972-416-3417, Real Service. Real Results. Real Estate
(Texas Pride Realty Group Brokered by HomeSmart Stars)
Addison Pacesetters (the 50+ group) meet the first Wednesay of each month at Dunn Bros. Coffeehouse on Beltline Road and learn about the Town of Addison.  This month, Mr. Chris McMurtry, Special Events Coordinator, spoke to us. Here are some interesting tidbits from his presentation: The schedule for the summer events has changed this year.  Symphonic Saturdays will now be in June (too hot in July for the demographic audience).  Summer Salsa will now be in August.  July Jazz remains in July.  So, all the concerts are on Saturday evenings.  Cinema in the Circle, the outdoor movie events, will now be on Fridays.  And, the theme this year is Summer of Spielberg. June 5th: Back to the Future; June 12th: The Goonies; June 19th: Jurassic Park; and June 26th: Jaws.  Stay after the fireworks on...
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By Lorrie Semler, REALTOR® in the Dallas area. Call/text 972-416-3417, Real Service. Real Results. Real Estate
(Texas Pride Realty Group Brokered by HomeSmart Stars)
 Home sales in Addison, Texas during May, 2009 Street BR Bth Gar SqFt Year DOM List Price $/ SqFt Sale Price Ledgemont (Condo) 1 1.0  0 746 1982  2 $77,500 $101.21 $75,500 Ledgemont (Condo) 2 1.1  0 978 1982  83 $99,900 $97.03 $94,900 Beltway (Condo) 2 1.1  1 952 1982  50 $125,000 $127.10 $121,000 Windward (SFR) 2 2.0  2 1,728 1998  64 $178,500 $104.17 $180,000 Vinland (SFR) 3 3.0  2 2,094 1983  4 $184,900 $90.21 $188,900 Le Grande (SFR) 3 2.1  2 1,929 1980  130 $189,900 $97.46 $188,000 Azure (SFR) 3 2.0  2 1,771 1991  62 $240,000 $131.00 $232,000 Whitman (SFR) 3 2.1  2 2,028 1994  29 $261,000 $128.70 $261,000 Camden (SFR) 3 2.1  2 2,009 1992  82 $262,000 $127.43 $256,000                     Minimum 1   0 746   2 $77,500 $90.21 $75,500 Maximum 3   2 2094   130 $262,000 $131.00 $261,000 ...
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By Lorrie Semler, REALTOR® in the Dallas area. Call/text 972-416-3417, Real Service. Real Results. Real Estate
(Texas Pride Realty Group Brokered by HomeSmart Stars)
21 homes came on the market in Addison, TX in May, 2009 (up from 15 last month). In addition to the homes below, there are another 49 that have been on the market for more than a month.  Now is the time to buy!  If you are looking for an Addison home, call me!  Now is also the time to sell, while inventory is still low! New Addison Listings: May 2009 Subdivision Street Sq Ft Bed/Bath/Gar Price CONDOS         Aventura Addison Circle 1816 2/2/2 $279,900 La Mirada Proton 920 1/1/1 $105,000 Valley of Bent Tree Ledgemont 696 1/1/0 $64,000 DUPLEXES         None this month         TOWNHOUSES         District A Morris 1920 2/2/2 $260,000 District A Seabolt 1897 2/2/2 $299,900 District A Seabolt 1694 2/2½/2 $255,000 District A Spectrum 1913 2/2/2 $299,900 District A Spectrum 2173 3/3/2 $359,000 ...
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By Lorrie Semler, REALTOR® in the Dallas area. Call/text 972-416-3417, Real Service. Real Results. Real Estate
(Texas Pride Realty Group Brokered by HomeSmart Stars)
Addison, Texas has survived these difficult economic times better than most communities.  However, the June foreclosure postings at the Dallas County courthouse show 7 Addison homes on the list. These homes span the following subdivisions: Townhomes of Addison (Townhouse) Brookhaven Townhomes (Condo) Grand Addison (Single Family Residential) Westfield Court (Single Family Residential) Midway Meadows (Single Family Residential) Townhomes of District A (Condo) Towne Lake (Townhouse) In the past, there have never been this many homes on the foreclosure list in any one month period. Let's hope these owners are in the process of working out loan modifications with their lenders and payment plans with their homeowner associations, where applicable.
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By Lorrie Semler, REALTOR® in the Dallas area. Call/text 972-416-3417, Real Service. Real Results. Real Estate
(Texas Pride Realty Group Brokered by HomeSmart Stars)
The votes are in and have been counted.  Hopefully everyone can get back to their lives now that "silly season" is over. Joe Chow has been re-elected as Mayor.  This will be his third term. Kimberly Lay has been elected to fill the one-year term created due to the untimely passing of Councilmember Dennis Kraft.  Kimberly had been appointed to fill his position until the election. The three councilmembers elected for two-year terms are Blake Clemens, Don Daseke, and Bianca Noble.  Don was appointed to fill the short-term vacancy left when Councilman Todd Meier resigned to run for Mayor. Congratulations to you all! Mayor Percent Total Votes Tamara Whitman 1.61% 28 **Joe Chow 65.38% 1003 Todd Meier 33.00% 584       Council 2-Year Terms     **Blake Clemens 26.77% 804 **Bianca Noble 27.90% 9...
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By Lorrie Semler, REALTOR® in the Dallas area. Call/text 972-416-3417, Real Service. Real Results. Real Estate
(Texas Pride Realty Group Brokered by HomeSmart Stars)
Addison, TX became a safe-haven for some fleeing the destructive winds and rains of hurricanes Ike, Rita and Katrina.  The doors to Loos Field House were opened to those evacuees seeking shelter.  Some families even brought their pets with them. To better prepare for future emergencies, the secretary at the Addison Athletic Club is collecting no longer needed pet supplies.  If you have any of the items below, please drop them off with Betsy Sterns at the Addison (TX) Athletic Club on Beltway Drive.  For Dogs collars leashes bowls toys small blankets and towels dog crates For Cats bowls toys small blankets and towels cat carriers litter and litter pans For Reptiles/Fish/Other Samll Animals Reptile lights and heaters Reptile bark/carpet Fish gravel Fish food Small cages Bedding (no pine o...
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By Lorrie Semler, REALTOR® in the Dallas area. Call/text 972-416-3417, Real Service. Real Results. Real Estate
(Texas Pride Realty Group Brokered by HomeSmart Stars)
Addison Pacesetters (the 50+ group) meet the first Wednesay of each month at Dunn Bros. Coffeehouse on Beltline Road and learn about the Town of Addison.  This month, Mr. Chris Terry, Assistant City Manager, spoke to us. Here are some interesting tidbits from his presentation: Chris's grandfather was a 2-term county sheriff and as a child, Chris would visit him at the jail.  Chris is a graduate of Baylor University and has a degree in Political Science.  His first fulltime job in public administration was in Southlake Texas, after completing an internship. Chris shares some responsibilities with Deputy City Manager Lea Dunn.  City Manager Ron Whitehead is responsible for visitor services, the municipal courts, and the Parks & Recreation Department.  Chris is responsible for special even...
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