State of the luxury market

Real Estate Agent with Dave Perry-Miller & Associates

One of the best ways to judge the strength of the luxury housing market is to simply count the number of serious buyers at a weekend open house event. Just yesterday I held an open house at 6506 Waggoner in the Preston Hollow neighborhood of Dallas. Despite the 105-degree Texas heat and many Dallasites currently being on vacation in cooler climes, attendance was VERY strong. 

Previously offered by another broker at $1,685,000, the five-bedroom, family-friendly home is now priced at $1,299,000. This very competitively priced propety is in a great neighborhood known for its family-friendly atmosphere, convenient location and proximity to well-known schools.  

In addition to five bedrooms, it offers five baths and one half-bath, delightful formal rooms, a large family room, a study, a media/game room and a three-car garage.

This fine home offers what is an increasingly popular feature: a first-floor master suite. Upstairs are four bedrooms, each with its own bath, and the media/game room. 

The grounds feature mature trees,  perennial gardens, two stone-lined ponds with waterfall, stone walkways and a patio with a fireplace and built-in grill. 

At $1,299,000, 6506 Waggoner truly offers a great opportunity for the discerning Preston Hollow buyer. To learn more about 6506 Waggoner or other luxury homes currently for sale in Dallas and the surrounding area, visit


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