Friday Five Hundred: It’s Practically The Weekend, So Let’s Go to Key West (Kind of)

Posted by    |    April 28th, 2012 at 5:15 am

This adorable house at 5737 Palo Pinto screams "Key West!"

I was looking over this adorable listing, 5737 Palo Pinto in the Belmead area of Lakewood, and it reminded me of something. Still, I couldn’t put my finger on it. The teal paint and umbrella, the landscaping, and the clean accents were calling from somewhere else, somewhere much more tropical. And then it hit me … it’s 100 percent Conch Republic  style!

Four bedrooms, three bathrooms, and my favorite — a claw-foot-tub! — make this home perfect for families or frequent entertainers. You’re close to White Rock Lake and tons of shopping. And don’t forget that Lakewood has some excellent schools, too.

This cute, cute, CUTE 1929 Craftsman has too many great features to list …

But I’ll try anyway! There’s an updated kitchen with stainless steel, a gorgeous masonry fireplace, and huge porches that are sure to make your dinner guests swoon as you sit outside, imagining you’re taking in the Gulf breeze. All you need is a little Jimmy Buffet and some margaritas …

Here’s the kicker: This home, marketed by Julie Boren in the ever-popular Lakewood, is priced at $549,900. Hop on over to DCAD and you’ll see that it’s appraised at $592,490. What does that mean? THIS HOUSE IS A STEAL. If the paradigm that DCAD appraisals are usually under the home’s true value, than this home must be worth around $650,000. But, it could be yours for $549,900!

 

— Daily Local Real Estate Dish By Dallas Real Estate Insider — Candy Evans at CandysDirt.com