JohnMcKee wrote:It's the Shelton and there is a good reason they are selling fairly well after an initial very rough start.
They just happen to be in HPISD but pay city of Dallas taxes, not many places you can buy for $400k in HPISD, much less fully updated and livable for someone in the market for a $400k house. Apparently there are a LOT of families in the building.
Also it wouldn't surprise me if there are a few people claiming their condo in The Shelton as their primary residence for the purposes of HPISD but happen to spend a lot more time at another house. Maybe not but it wouldn't surprise me.
No, I'm talking about something completely different, The Shelby: http://theshelbyresidences.com/
It was a typical stick built apartment complex on Greenville near Mockingbird which was recently converted to condos. Their website mentions that the last unit has been released for sale, so they sold very quickly. Average $/sqft was $326/sqft. $250-350/sqft is the sweet spot for mass market condos in Dallas, and nobody is building them. Nobody. I think there's one complex called Greenwood Flats and other than that it's all rental being built.