Dallas’ Most-Expensive Home Listings of 2024

Texas luxury home sales surged last year, but in Dallas, they triumphed.

The number of closed sales for homes listed over $1 million increased 9 percent year-over-year and 19 percent in the third quarter in Dallas and Collin counties, according to Texas A&M University’s Texas Real Estate Research Center’s report.

Dallas cemented its long lead over other Texas metros in ultra-luxury home sales as well — 11 homes listed over $10 million closed in the Dallas area this year, as of October, compared to five in Houston and one in Austin, according to the MetroTex Association of Realtors, Houston Association of Realtors and Compass’ mid-year ultra-luxury report.

Last year, eight sold in Dallas, compared to seven in Houston and three in Austin.

Among Dallas’ most expensive listings this year were older estates, renovated homes and custom builds, along with stories of wealth gained and wealth lost. Here’s a look at D Town’s most expensive residential listings in 2024:

10777 Strait Lane | $40 million

This 17,700-square-foot mansion near Preston Hollow is owned by Dallas billionaire Toby Neugebauer.

Modeled after the White House and built by Dallas architect Robbie Fusch in 1996, it was the base of operations for Neugebauer’s failed GloriFi “anti-woke” fintech startup. The Peter Thiel-backed bank planned to open accounts and offer mortgages, credit cards and insurance to conservatives frustrated with bulge bracket banks’ commitments to environmental, social and governance initiatives in 2021.

With imported French marble, antique fireplaces and 14-foot ceilings, the six-bedroom estate with Venetian plaster in the drawing room, library and breakfast room is asking $2,260 per square foot.

Joshua Songer of Allie Beth Allman and Associates has the listing.

1469 Sunshine Lane | $27.5 million

This eight-bedroom, 31,200-square-foot home in Southlake spans 4 acres of gated grounds with a basketball court, bowling alley, gym and elevator — along with a soundproof music room, renovated this year and designed for Dolby Atmos 3D Audio. It’s being marketed as “America’s best-sounding home,” asking $880 per square foot.

It’s owned by Dirk Ulrich and his wife, Marina, property records show. Dirk founded the German audio tools and software company Brainworx, along with the audio developer website Plugin Alliance, before the two were aligned under the Native Instruments umbrella last year, along with another audio software company, iZotope. Ulrich stepped down from Native Instruments’ advisory board in February.

The home was listed for nearly $18 million last year, when the Ulrichs bought it from Dallas construction company Southland Holdings’ CEO Frank Renda.

It was listed again in early December, at markup of over 50 percent, by Brad Cook of local brokerage Hershenberg Group, along with its founder, Michael Hershenberg.

10540 Lennox Lane | $27 million

This Preston Hollow home comes with a two-hole golf course, along with a spa, a cabana with full bath, a firepit and two ponds on its 4.5-acre lot. The three-story home features a wine cellar, three game rooms, a solarium, two offices, a golf simulator and an elevator. It’s asking $1,580 per square foot.

The Tudor-style home is owned by Michael Anderson, a Dallas attorney and vice president of assistant general counsel at Baylor Scott & White Health. Allie Beth Allman & Associates’ founder Allie Beth Allman has the listing, which hit the market in February.

3509 Euclid Avenue | $25 million

This Mediterranean-style estate in Highland Park was built by John Sebastian, Fusch Architects and Harold Leidner in 2012. It has six bedrooms, a 12-car garage, home theater, gym and a backyard with a wine grotto and pool beside a covered patio and outdoor fireplace. The listed price was $1,150 per square foot when it sold in October, all spanning a little less than an acre.

The previous owner was Wade Neal Barker, property records show, a Dallas bariatric surgeon who confessed to his role in a $200 million scam at the Forest Park Medical Center in 2018. He pleaded guilty to conspiracy to pay and receive healthcare bribes and kickbacks, as well as aiding and abetting commercial bribery, and was sentenced to 60 months in prison, according to the U.S. Attorney’s Office for Texas’ Northern District.

The deed for the home was transferred to a trust affiliated with the Herd family, known for their oil-and-gas wealth, after the home was ordered sold in bankruptcy in 2018, according to Candy’sDirt.com. Compass’ Jonathan Rosen had the listing.

5038 Deloache Avenue | $15.9 million

Former Major League Baseball player Michael Young and his wife Cristina Barbosa sold their 6-year-old custom home, built by Dallas architect Clint Pearson, in April. It comes with eight bedrooms and is loaded with modern-style details, including a geometric tiled oak ceiling. It has two wet bars, two kitchens, multiple game rooms and a cabana, pool and basketball court outside. It asked for $1,015 per square foot and spans just over 1.5 acres.

The home, in Preston Hollow’s SunnyBrook Estates, lasted only about a month and a half on the market. Broker Alex Perry of Allie Beth Allman & Associates had the listing.

4301 Armstrong Parkway | $15.8 million

This 11,000-square-foot, stucco home was built by Dallas luxury homebuilder Alford Homes, which took over the deed from Shaddock Development partner William Shaddock in May 2021, according to county records.

Daniel Rice IV bought it in May after a couple of months on the market, records and online listings show. Rice, an energy magnate who is CEO of NET Energy and board member of natural gas driller EQT Corporation, acquired the Rice family’s company, Rice Energy, in 2017.

The six-bedroom home boasts a walk-in wine storage room, game room, a pool and a “wellness room” with a sauna. It asked $1,455 per square foot and was listed by Brexen Real Estate’s Mark Galanos.

6920 Vassar Avenue | $15.25 million

This 14,200-square-foot mansion, built in 1959 by Blackberry Farm architects Spitzmiller & Norris, features six bedrooms, a media room, a sauna and nine fireplaces. It’s centered around a helical staircase under a stained-glass domed skylight and features a nine-hole putting course on just under an acre.

BasePoint Health Management CEO Brent Jorgeson was the seller, according to county records. It took an over 25 percent price cut since hitting the market in June 2023, dropping the list price from $1,450 per square foot to $1,075 when it sold in May.

Scott Tolbert and Sumner Billingsley bought the home, deed records show. Tilbert is an executive vice president at Fortress Investment Group, while Billingsley is partner at her family’s development firm, Billingsley Company, and the granddaughter of the late Trammell Crow. Tilbert and Billingsley married in September. Fortress made its Dallas office its co-headquarters with New York earlier this year, after its co-CEOs moved to Dallas from California.

Allie Beth Allman had this listing.

4906 Deloache Avenue | $15 million

This four-bedroom home features a walk-in wine storage room, yoga studio and a courtyard walkout off the master bathroom with private outdoor spa.

Alford Homes took over the deed from the owner in 2021, who was likely former Lennar CEO and former D.R. Horton president Richard Beckwith, though county records list the name as Richard Beckwitt.

An unknown buyer snagged the home, last asking for about $1,420 per square foot, in August — records list a trust with the same address as a condo complex in Dallas. Brexen’s Galanos had this listing as well.

3900 Potomac Avenue | $15 million

This was the smallest of Dallas’ priciest listings this year.

The 9,500-square-foot home has six bedrooms, a pickleball court, wet bar, temperature-controlled wine room and a kitchen that opens to a poolside lanai. Avida Custom Homes renovated the home in 2022.

It sold in May, when it was listed for $1,580 per square foot.

The buyer, Ruth O’Donnell Mutch, comes from a line of influential Dallas philanthropists and has chaired various charitable committees.

Buildings on the University of Texas’ Dallas campus, including the Edith O’Donnell Arts and Technology Building and the Edith O’Donnell Institute of Art History, were named after Mutch’s mother. Edight and Peter O’Donnell have given over $40 million to the university over the last three decades.

Compass agent Minnette Murray had the listing.

3808 Potomac Avenue | $14.9 million

Seller Dario Ferdows, who operates several nightclubs in the Dallas area, threw an open house party to market this house in November 2023.

And yet, it took a year to find the right buyer, with a nearly 20 percent price cut, asking about $1,040 per square foot when it sold in August.

The six-bedroom Highland Park home features a nine-car auto gallery, an elevator, movie theater, gym and spa, with 26-foot ceilings and a floating limestone staircase. Ralph Randall and Madeline Jobst of Briggs Freeman Sotheby’s International Real Estate had the listing.