Thanks for reading,
Wednesday, February 8, 2012
Get It While You Can - Home For Sale Up on Billionaire's Row - 10650 Strait Lane
10650 Strait Lane on the affluent Billionaire's Row in Preston Hollow is often overlooked (by me at least). It's hard to notice the 6,446 sq. foot residence nestled among some of Dallas' largest homes, including Phil Romano's 15,000 pad just to the north. According to Dallas CAD records, the home was build in 1953, although the Dave Perry-Miller REALTOR listing has it built in 1976. Either way, it's old. The 5 bed/5 bath home features a marvelous facade with a 20th century feel to it. The classical interior features a game room, 3 fireplaces, and a flowing staircase in the foyer. The estate is spread across 3.97 acres. As we know in Preston Hollow, the value is in the land. Appraised at $5.9 million, the land is valued at $5,558,000; that's $1.4 million an acre! The home is listed for $7.8 million.