Dallas is the king of ultra-luxury homes in Texas. Most of the top residential sales statewide this year — the public deals, at least — took place within a few square miles around Southern Methodist University.
This year, though, a market shift throughout the Sun Belt arrested the ascent that Texas metros have enjoyed since the pandemic. While Texas is a non-disclosure state, it came to light this month that the top two residential sales of the year, both in Dallas, sold below asking price, raising questions about the cheaper homes on the list.
Meanwhile, suburban Plano made its way into the ranking, challenging the reign that Preston Hollow and the Park Cities have held over Texas luxury sales for years.
Here are the year’s top 10 public residential deals in the Metroplex.
6601 Hunters Glen Road, Dallas | $30.5 million
This University Park home wasn’t just the most expensive sale in Dallas-Fort Worth; it was the most expensive sale in Texas, according to listing agent Alex Perry with Allie Beth Allman and Associates and the Houston Association of Realtors. It’s also the oldest home and one of the fastest sales on this list.
Notably, the home’s final sale price of $30.5 million was $4.5 million below the original asking price of $35 million, Perry disclosed.
The University Park mansion built in 1927 went under contract in just 30 days after listing on Oct. 31. The sale closed on Dec. 15. The seller was a trust connected to the late Josh Pack, the Fortress Investment Group CEO who died this year, and the buyer is a trust organized by a local Dallas family, according to Perry.
The sale price equates to about $2,300 per square foot.
4000 Euclid Avenue, Dallas | $25.5 million
The second-place sale accepted a far bigger discount. The 19,000-square-foot, six-bedroom, 10-bathroom mansion at 4000 Euclid Avenue, owned by manufacturing businessman Guinn Crousen, listed for $33 million, but sold on Dec. 3 for $25.5 million, about $1,300 per square foot. The buyer is the Maui Kiki Trust, whose only public trustee is the buyer’s agent, Compass Real Estate’s Genna Skolnik.
1 Dorset Place, Dallas
A spec mansion asking $23 million was the third most expensive home to sell in the Metroplex this year, squeaking in close behind the top two. Just two days after the late Pack’s home sold in December, local entrepreneurs Sardar and Rida Sharif sold their 15,700-square-foot, six-bedroom, eight-bathroom mansion to Tu and Alex Dao, CEO and president of Plano-based Orthomed Anesthesia. Both sides purchased through trusts in their names. The final sale price is unavailable, but the listing price comes down to about $1,500 per square foot.
Jonathan Rosen with Compass Real Estate had the listing.
4307 Armstrong Parkway, Highland Park
University of San Francisco trustee and Fisher Investments vice chairman, Jeff Silk, and his wife, Naomi Silk, bought the four-bedroom, six-bathroom home at 4307 Armstrong Parkway from James and Rosemary Strode when it was asking $20 million, about $1,900 per square foot. The property first listed in October 2024 and toggled on and off the market until the purchase in May. Compass agent Michelle Wood had the listing. The sale price was not disclosed.
3917 Gillon Avenue, Highland Park
Custom homebuilder Colby Craig sold this 10,000-square-foot spec mansion asking $16.5 million, or about $1,600 per square foot, in January to an LLC managed by Plano estates attorney Toby Eisenberg. Gina Lester with Briggs Freeman Sotheby’s International represented the mystery buyer, and Ebby Halliday agent Danielle Brasher represented the seller. The sale price was not disclosed.
5222 Park Lane, Dallas
A trust managed by Melissa McMahan sold the 15,000-square-foot property on over an acre, asking $16 million, at 5222 Park Lane to Arizona investors Larry and Maria Smith in July. Eric Narosov of Allie Beth Allman and Associates had the listing. The sale price was not disclosed.
The seven-bedroom, 10-bathroom house is in prestigious Old Preston Hollow. Park Lane neighbors include the former homes of oil tycoon Cary Maguire, which briefly listed for $28.5 million earlier this year, and entertainment agent to the stars Gary Osier, who recently sold his property after listing it for $11.7 million.
5805 Red Wolf Lane, Plano | $15.9M
With a sale price of $15.9 million, the outlier on this list reportedly set a record for Collin County residential deals. Matt Rutledge, founder of Woot.com, sold the property to BuzzBalls founder Merrilee Kick and her family.
The Kicks bought the 12,300-square-foot home for about $1,300 per square foot in May. The house is on a 6.75-acre lot, which includes a private lake, a lighted tennis court and a guest house.
Marking another outlier on a list dominated by Allie Beth Allman and Compass, Keller Williams agent Kari Schuveiller represented the buyer. The Perry-Miller Streiff Group at Dave Perry-Miller Real Estate had the listing.
10006 Hollow Way Road, Dallas
This home, asking $14.9 million, was one of several spec mansions developed by Crescent Estates founder Mehrdad Moayedi on land formerly belonging to the Crespi Estate, a manor at 5619 Walnut Hill Lane which remains the most expensive listing in Texas. Moayedi bought the Crespi Estate at auction for $36.2 million in 2017 and replatted some of the property’s acreage for a luxury subdivision.
Almost 2 acres went to this 11,400-square foot, seven-bedroom, 10-bathroom mansion, which sold in September to Hector Martinez Martinez. Dave Perry-Miller agents represented both sides of the deal. The listing price comes down to $1,300 per square foot.
From January to February, Moayedi had the home listed at $15.9 million. The sale price was not disclosed.
Today, the original Crespi Estate is asking $64 million.
3906 Shenandoah Street, Highland Park
A trust in the name of Randall Kendrick, founder of Xebec Realty Investments, bought the 9,100-square-foot home at 3906 Shenandoah Street from developer Hugh Uhalt in July when it was asking $14 million, or about $1,500 per square foot. Uhalt built the four-bedroom, five-bathroom home on 0.37 acres in 2021.
The sale price was not disclosed.
10335 Lennox Lane, Dallas
Standing out from the French traditionals that dominate the list, the steel-and-stone contemporary at 10335 Lennox Lane was built by Atrium Fine Homes this year. Rohan Thambrahalli and Melonie Carnegie, husband-and-wife founders of fintech app Growvana, purchased it in July when it was asking $12.3 million, or about $1,000 per square foot.
It was also the only home on this list to cut its asking price. The sellers, Dallas physicians Hooman and Tannaz Sedighi, had listed the property in February for $13.7 million.
The sale price was not disclosed.
Read more
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