Real Estate Report: What $1.5 Million Buys You In Dallas

LakeshoreforBlog6932 Lakeshore Drive $1,395,000
Lakewood
5 bedrooms, 4.1 bathrooms, 5,128 square feet

Located just blocks from the Tokalon tennis courts and park, this Lakewood home is positioned nicely between Lakewood Boulevard and Tokalan Drive on a secluded and quiet street. (Not only is the home located right next to a park, but you can stroll, run, bike, or walk your dog down to White Rock Lake, too.) The home was remodeled in 2000, but the owners kept some of the original features of the 1930s architecture and charm. The five-bedroom house includes a nice, open floor plan that is perfect for family living and/or entertaining with multiple spots to sit and dine in the eat-in kitchen and large dining room. For outdoor lovers, find a pergola, built-in grill, large trees, and lush landscaping. Karen Wyatt for Nathan Grace Real Estate. 214-505-5084.

SantaClaraforBlog8343 Santa Clara Drive $1,425,000
Forest Hills
5 bedrooms, 5.1 bathrooms, 4,890 square feet

Gain a bathroom and a spacious backyard, but lose 248 square feet for a move from west of the lake in Lakewood (listing above) to southeast of the lake in Forest Hills. (Also add a few more minutes to your commute if you head west on a daily basis.) We expect more buyers to take notice of this hidden gem of a neighborhood due to the recent upgrades in the nearby restaurant and bar scene. The English Tudor-style home was built in 2006 and includes many amenities that shoppers in this range are after: an updated kitchen with butler’s pantry and small desk area, a sizable master bath, an “extra” living space on the second floor that can double as a gym, playroom, office, or game room, and high-vaulted ceilings in the living area off the kitchen. The covered outdoor living space features a fireplace. Liliana Ornelas for Coldwell Banker Residential Brokerage. 214-828-4300.

DrexelBlog3204 Drexel Drive $1,495,000
Highland Park
4 bedrooms, 5.1 bathroom, 4,530 square feet

Trade green space in Lakewood and Forest Hills for HPISD and a central location. (You’re blocks from Central Expressway, minutes from Highland Park Village and Snider Plaza, and walking distance to SMU’s campus for all of you football fanatics.) What was a backyard is now filled by a small “bathing” pool. The interiors are charming: expect a fresh coat of paint, multiple built-ins, plenty of living rooms and space, and highly-coveted hand-scraped wood floors. All four beds are upstairs along with a game room (a nice flow for families with children). A walk-up attic could be utilized to create a mother-in-law suite or office. Eve Sullivan for Allie Beth Allman & Associates. 214-534-1698.