Addison's Towne Lake Mid-Year Market Update: Jan-June, 2014
Towne Lake is a subdivision of just 63 townhomes, off Beltway Road, one block south of Belt Line and west of Midway Road in Addison, Texas. Built in 1997-1999, Towne Lake is comprised of two and three story townhomes, on two streets: Towne Lake and Towne Green. The three and four bedroom townhouses, ranging from 1578 to 2578 square feet, are platted in a figure-eight design, with those on Towne Lake surrounding a small man-made lake. Those on Towne Green are built around a small pond. The area between the two circles is where the pool and clubhouse are located.
The neighborhood is conveniently located near the Addison Athletic Club and Fire Station 2, with ready access to shopping, dining, parks and recreational areas.
- One townhome, just under 2,000 square feet, sold in the first half of 2014 in Towne Lake, for $309,000. It was on the market for only 17 days.
- There are currently 3 townhomes for sale in Towne Lake, ranging in price from $344,900 to $389,000. These have been on the market for 3 weeks to 4 months. They are all more than 2,000 square feet.
If you are thinking about selling your Addison, Texas townhome in Towne Lake, please contact me.
If you would like to purchase a single family home, half duplex, condo or townhouse in Addison, give me a call. I sometimes know of properties about to come on the market that aren't in MLS. Here is what is currently available: