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Dallas, Tex.
Estimated value: $2,381,000*
Last sale price: $1,591,230
(November, 2007)
Bedrooms: 5
Baths: 5 full 2 half
Square feet: 6,415
Description: This vintage 2005 home has never been lived in. It features a finished, third-floor family room, a huge foyer set off by a sweeping hardwood staircase and second-floor balustrade and a bay-windowed master suite. The huge master bath boasts a double shower, jetted tub and separate vanities.
It's all situated on a quarter-acre lot in the University Park neighborhood, a wealthy suburb with the best educated population in Texas that draws its name from Southern Methodist University.
According to Trulia, the median listing price in Dallas is $238,000 but the median price of a foreclosure listing is just $94,000, 61% less.
For further information: Trulia
NEXT: San Clemente, Calif.
Last updated March 20 2008: 9:54 AM ET
RSS *Estimated value is from an automated valuation model based primarily on comparable sales from RealtyTrac, the online marketer of foreclosed properties.
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