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Addison in the News
Money is Flooding into Oak Lawn
This past week, Oak Lawn in Dallas has seen notable developments in its real estate landscape. A significant highlight is the proposal by Trademark Property Co. to build a 415-unit luxury apartment complex at 3900 Lemmon Ave. This development, which recently received...
Creamy Crab and Shrimp Seafood Bisque
Ingredients: 1/2 pound shrimp, peeled and deveined1/2 pound crab meat, preferably lump2 tablespoons butter1 onion, finely chopped1 carrot, finely diced2 stalks celery, finely diced3 cloves garlic, minced1/4 cup tomato paste3 cups seafood or fish broth1 cup heavy...
Welcome to The Rock House: Where Modern Living Meets 200 Million Years of History!
Listed for $989,900, it's just money honey, you can't take it with you. Ready to rock your world? Let us introduce you to 6619 Apache Place, affectionately known as “The Rock House.” This isn’t your run-of-the-mill mountain retreat—it’s a home with a personality as...
Oak Lawn’s Skyline is Set to Soar
Exciting times are ahead for Oak Lawn as real estate developer UDR announces that the FAA has given the go-ahead for a stunning 25-story residential tower at 2743 Turtle Creek Blvd (next door to the Mansion). The FAA’s approval was required because the building,...
The Great Oak Lawn Parking Adventure: A Tale of Survival and Street Smarts
Ah, Oak Lawn, a vibrant neighborhood known for its eclectic mix of shops, restaurants, and nightlife. But there’s one thing every visitor dreads more than a long wait at brunch: finding a parking spot. Yes, in Oak Lawn, parking isn’t just a challenge; it’s a...
Chuy’s at McKinney and Knox Closing
Chuy’s is set to move from its longtime Dallas location on Knox Street, but the beloved (by some) Tex-Mex spot isn’t going far, and there won’t be any disruption in service. The Austin-based restaurant announced plans to close its Knox-Henderson location at 4544...
Homeowner Tax Breaks are Excellent
Depending on your situation, the tax rules associated with homeownership can help reduce the amount of income tax you owe when filing, thanks to a combination of deductions and credits. Deductions lower your taxable income, while tax credits can directly reduce the...
12 Biggest Surprises About Owning a Home
Seasoned homeowners weigh in on what caught them off guard, what delighted them and what lessons you can learn from them. Ask any homeowner, and they’ll likely share the excitement they felt when they first purchased their home. However, after some time, they might...
What Credit Score Is Needed To Buy A House?
When it comes to buying a home, your credit score is a key factor. Generally, a credit score in the high 600s to 700s is considered strong and will likely help you secure a favorable mortgage rate. Scores above this range are often seen as “exceptional,” offering you...
Addison Community Demographics:
Addison, Texas, located just north of Dallas, is a vibrant and dynamic community known for its thriving business district, diverse dining scene, and energetic lifestyle. With a small-town feel and big-city amenities, Addison attracts professionals, families, and foodies alike. Below are key demographic highlights:
Population Overview
• Total Population: ~16,000 residents
• Median Age: 33 years old
• A youthful and energetic population with a mix of young professionals, families, and retirees.
• Diversity:
• White (Non-Hispanic): ~50%
• Hispanic/Latino: ~25%
• Black/African American: ~15%
• Asian: ~8%
• Other/Mixed: ~2%
Income & Employment
• Median Household Income: ~$75,000
• Employment:
• Major industries include technology, healthcare, finance, and hospitality.
• Many residents work in Addison’s bustling business district or commute to nearby Dallas.
Education
• Education Levels:
• Bachelor’s Degree or Higher: ~50%
• Residents are well-educated, with many employed in professional and managerial roles.
Housing Market
• Median Home Value: ~$400,000
• Average Rent: ~$1,800–$2,500 per month, depending on size and amenities.
• Homeownership vs. Renting:
• Renters: ~60%, with a wide variety of luxury apartments and townhomes.
• Homeowners: ~40%, typically in single-family homes or modern townhomes.
• Housing Types:
• A mix of luxury apartments, contemporary townhomes, and single-family homes.
• Many properties feature modern amenities and walkable locations.
Lifestyle & Amenities
• Dining & Entertainment:
• Known as the Restaurant Capital of the U.S., Addison boasts over 200 restaurants offering global cuisines.
• Popular destinations include Addison Circle, Village on the Parkway, and Belt Line Road, known as “Restaurant Row.”
• Parks & Recreation:
• Over 10 parks, including Addison Circle Park, which hosts annual events like Kaboom Town (a top-rated fireworks show) and the Addison Oktoberfest.
• Miles of walking and biking trails for outdoor enthusiasts.
• Shopping:
• Proximity to Galleria Dallas and other premier shopping destinations.
Transportation
• Proximity: Just 13 miles north of downtown Dallas, making it a short drive to major business hubs.
• Public Transit: Served by DART bus routes, with plans for future rail expansion to Addison.
• Commuter-Friendly: Easy access to major highways, including the Dallas North Tollway and LBJ Freeway.
Community & Culture
• Thriving Social Scene: Addison hosts numerous festivals and events throughout the year, making it a vibrant and connected community.
• Business Hub: A major employment center with over 10 million square feet of office space.
• Pet-Friendly: Parks and pet-friendly restaurants make Addison a great place for pet owners.
Notable Statistics
• Marital Status:
• Single: ~55%
• Married: ~40%
• Other: ~5%
• Household Composition:
• Average household size: 2.1 people.
• A mix of single professionals, couples, and families.
Key Highlights
• Events and Entertainment: Addison is famous for its festivals, including Taste Addison, showcasing the best of local food and entertainment.
• Walkable Urban Vibe: Addison Circle and surrounding areas provide a pedestrian-friendly lifestyle with shopping, dining, and nightlife steps away.
• Dynamic Economy: Home to a significant business district and numerous corporate headquarters.
Addison combines the best of suburban living with urban convenience, making it an ideal choice for professionals, families, and anyone seeking a vibrant, amenity-rich community. With its rich dining options, active social calendar, and proximity to Dallas, Addison is a dynamic and inviting place to call home.
