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Addison, TX Real Estate News

By Lorrie Semler, REALTOR® in the Dallas area. Call/text 972-416-3417, Real Service. Real Results. Real Estate
(HomeSmart Stars)
Real Estate Market Trends for Addison TX:  August 2024Residential Real Estate For Sale in Addison, TexasThe total number of currently available residential properties for sale in Addison, Texas is 31 homes, down from 36 active listings at the beginning of last month. Twenty five are pre-owned and 6 are new construction at Addison Grove. Currently for sale, there are: 12 single family homes (ranging in price from $425,000 to $4,950,000) 6 condos ($195,000 to $574,000) 13 townhomes ($499,000 to $880,000) Nineteen of the 31 available homes have been on the market for longer than 30 days. The average number of days on the market for the current "active" status, pre-owned homes is 54 days, as compared to 47 last month. The median number of days on the market is 44 days, compared to last mont...
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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)
Calling All Green Thumbs in Addison! Addison Arbor Foundation Dallas County Master Gardener, Marian Buchanan, will be the guest speaker at the Addison Arbor Foundation's Quarterly Education Event on Saturday, September 12, 2009 from 9:00 am - 11:00 am.  The topic is Organic Herb Gardening in the Fall.  This is a free event, but space is limited, so call to reserve a seat: 972-490-8517. The venue for this event is the Addison Athletic Club, located at 3900 Beltway Drive, Addison TX  75001. The Addison Arbor Foundation's mission is to provide and coordinate technical and educational resources Addison residents and businesses for the purpose of establishing and maintaining healthy, sustainable urban forests.  The goal is to increase the number of trees in Addison by planting50 trees each y...
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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)
What Could Be Sweeter?  Addison's J Dorian Chocolatier An entire shop of chocolates!  J Dorian Chocolatier is nestled between Houston's restaurant and the Town Hall in Addison, Texas.  Whether you want to satisfy your own sweet tooth or purchase a tasty treat as a gift for a friend, stop in and make your selection from the many choices available.  Besides individual chocolates, truffles, chocolate covered treats, chocolate bars, wedding favors and cakes, cookies, and hot chocolate, you can now savor cupcakes! Dorian Isenberg's fascination with food started in childhood, thanks to Julia Child, and he was encouraged by his mother and grandmother in their Houston kitchen. He never stopped reading cookbooks, trying recipes, and experimenting.  As a young adult, Dorian attended culinary clas...
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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, 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 September 1, 2009 auction and include one condo, one single family home, and townhouse. Street Property Type Sq Ft B/B/G Year Built Berklee Dr. Townhouse 1958 3/3/2 1998 Brookaven Club Dr. Condo 1373 2/2/0 1971 Canot Single Family 1995 3/2/2 1984   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 property you might want to bid on.  In Dallas County, the auctions are in the b...
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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 Dunn Bros. Coffee House If you're a coffee aficionado, Dunn Bros. Coffee in Addison Texas is worth checking out.  They start with great beans, then roast them in small drum roasters. When you walk in the door, the aroma of the roasted beans wafts over to greet you. But Dunn Bros. Coffee is so much more than just a place to grab a quick cup.  They offer free WiFi access and there are usually several patrons with their laptops working overtime.  If the weather is cooperative, a leisurely break on the patio might be in order.  If you stop by in the evenings, you're likely to hear local bands playing.  And local artists display their creations on the walls. There is a separate seating area in the rear of Dunn Bros. Coffee where small groups can meet.  On the first Wednesday of eac...
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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 (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, Joel Jenkinson from the Addison Airport spoke to us. Here are some interesting tidbits from his presentation: The town of Addison owns the airport, but the management of the airport is contracted out.  Joel works for the management company.  He has been here 2 years and previously worked at Lakefront Airport in New Orleans. The airport does not use money from Addison's general fund revenues.  This is highly unusual. Upcoming projects include regrading, saftey and drainage updates, and lights and signage.  Funding from FAA and the Texas Department of Transportation will allow for runway rehabilitation.  Subject to discreti...
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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)
Dinner AND a Movie at Addison's Studio Movie Grill.  If you can't decide between dinner and a movie, how about both at the same time?  That's the concept behind the Studio Movie Grill.    Owner Brian Schultz borrowed the idea after attending a movie in Maryland at the Bethesda Draft House.  He brought the concept to Dallas in 1993 and took over the historic Granada Theater, then opened the Addison location five years later. There are also Studio Movie Grills in Plano, Arlington, Lewisville and two in Houston. Besides movies and food, the Studio Movie Grill also holds thousands of events each year: alumni groups, Bar and Bas Mitzvahs, birthday parties, company parties, board meetings, wedding receptions, and more.  I've attended meetings of networking groups there, an art auction, as wel...
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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)
The Best 3 Cent Copy Shop in Addison: Office Machines Inc. Forget Kinkos.  Don't bother with Office Depot.  Office Max? Nah! When I need more copies than my all-in-one printer/copier can handle, I head to one of the two locations of Office Machines, Inc.  But wait!  They do more than copying.  I also use OMI to coil-bind my listing presentations.  And they do business cards!  Although their primary business is copier, fax, and laser printer sales and repairs, they have multiple copiers available for the general public to use. Locations: Office Machines, Inc.15910 Midway RoadAddison TX 75001972-881-5000(Just south of Keller Springs Road, on the east side of the street) Office Machines, Inc.5930 LBJ Freeway #100Dallas, TX  75230972-392-7990(On the south side access road of LBJ Freeway, be...
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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)
You Can Stand on this Guy's Reputation!  All American Flooring. Joe Kboudi of All American Flooring (formerly The Rug Mart) is an upstanding guy!  His family-owned and operated business has been around since 1983.  They recently joined forces with Fred Ashouri and Tarek Alkadri of All American Flooring and moved to 4490 Alpha Road, Farmers Branch, Texas (just a toe over the Addison line), between Welch and Midway Roads. Joe has helped me with carpeting and tile in my current home as well as a previous one.  He's my go-to guy for flooring if my sellers are getting ready to put their homes on the market or if my buyers want to change out the floors in their new acquisitions. His installers are the best in the business. In addition to residential flooring, they do hotels, commerical buildi...
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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)
Home Sales in Addison Texas in July, 2009 Street BR Bath Gar SqFt Yr DOM $/SqFt Sales Price Proton Dr.(Condo) 2  2.1 1 1,117 1985 63 $109.22  $122,000   Le Grande Dr.(Single Family)  2  2.0 2 1,480 1980 12 $118.92  $176,000   Vinland Dr.(Single Family) 2  2.1 2 2,216 1983 39 $83.26  $184,500   Waterside Ct.(Single Family)  3  2.0 2 1,930 1993 8 $139.25  $268,750   Ridgelake Ct.(Single Family) 3  2.0 2 1,778 1992 15 $151.86  $270,000   Towne Lake Cir.(Townhouse)  4  3.0 2 2,076 1998 367 $136.32  $283,000   Azure Ln.(Single Family) 3  2.1 2 2,651 1991 186 $109.02  $289,000   Woodshadow Ln.(Single Family) 4  3.0 2 2,941 1996 4 $105.41  $310,000     BR SqFt Year DOM $/SqFt Sales Price   Min 2 1,117 1980 4 $83.26 $122,000   Max 4 2,941 1998 367 $151.86 $310,000   Average 3 2,024 1990 87 $119...
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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)
Homes new on the market in Addison, Texas during July, 2009 24 homes came on the market in Addison, TX in July, 2009 (up from 17 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: July 2009 Subdivision Street Sq Ft Bed/Bath/Gar Price CONDOS         Aventura Addison Circle 1890 2/2/2 $289,900 La Mirada Proton 1473 3/2/1 $168,888 DUPLEXES         Midway Meadows Sopras Circle** 2098 3/2 ½/2 $219,500 TOWNHOUSES         Asbury Circle Asbury 2573 2/3 ½ /2 $296,916 Asbury Circle Asbury 2573 4/3 ½ /2 $305,824 Asbury Circle Asbury 2326 2/3 ½ /2 $284,920 District A Morris 170...
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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)
The Addison Airport in Addison, Texas is home to one of the busiest single-runway general aviation airports in the region and is now the third largest general aviation airport in the country. With a runway of 7,200 feet and 750+ based aircraft, the airport averages 366 operations per day. There is also considerable commerical activity, including several hangar/office complexes.  The airport is also home to the Cavanaugh Flight Museum. Just west of Addison Road, at the eastern gateway to the big, blue Arapaho Bridge, there is a half-mile trail featuring three large mounds that are perfect for viewing airplanes landing or taking off from Addison Airport. Services and Features of Addison Airport FAA Control Tower 24-hour U.S. Customs 7,200 foot runway to accommodate larger aircraft 24-hour...
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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)
MARKET UPDATE: Addison Place Subdivision in Addison Texas  1/1/09 - 6/30/09 The 175 single family homes in the Addison Place  subdivision in Addison, Texas are located just north and east of Addison airport at the intersection of Westgrove Road and Sojurn.  This area is south of Trinity Mills and west of Addison Road, within walking distance to restaurants and shopping.  The following streets are in the  subdivision (west to east):  Westgrove, Knots Landing, Planters Row, Upper Bay, Vinland, and Windward - note that with the exception of Westgrove, they are in alphabetical order. There are currently 4 homes on the market, ranging from $178,900 to $214,000.   Street Sq.Ft. BR Bath Gar Price Windward Lane   1,425  2  2 2 $178,900  Windward Lane   1,770  2  2 2 $204,900  Upper Bay Road   1...
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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)
MARKET UPDATE: Addison's Midway Meadows Subdivision, Duplex Homes  1/1/09 - 6/30/09 (The single homes in Midway Meadows are not included in this update.) There is currently only 1 half-duplex on the market, priced at $219,500. There were 3 sales in the neighborhood in the first 6 months of 2009, with $99.68 being the average price per sq. ft. (down from $100.95 for the prior 6 month period).  Homes sold from a low of $175,000 to a high of $208,750.  The highest sale was at $114.51/sq. ft. (up from $100.95/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 the duplex secti...
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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)
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
(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
(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
(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
(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
(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
(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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