State Farm Dallas Regional office in far North Dallas has a fleet of Ford Transit Connect vehicles.  They are a part of the Dallas Disaster response team for the Southwest region of the country.  I don’t know for a fact, but assume by the photo of the Ford Transit Connect vehicles in the parking lot (which have a roof rack that looks like it would hold some type of ladders) are used at natural disaster sites such as tornadoes, hurricanes or man made disasters like the fertilizer plant in West, Texas.

Remember  that catchy slogan phrase ‘Like a Good Neighbor State Farm is there’.  And do you know the definition of  ”Good Neighbor: someone to be trusted; a courteous, friendly source of help when help is needed; someone you can count on; someone who cares.”

State Farm signs onto KDC’s $1.5B Richardson project

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Schedule a Showing/Request Info West Plano Market Report West Plano Homes for Sale Homes Close to Where You Work Get New Spring Photos Shops at Legacy Homes for Sale Search All Homes For Sale What is Your Home Worth? Terry Smith Smith & Smith Realty 214-755-9895 Questions? Schedule a Showing! MLS#: 11927773 Licensed In: TX License #: 0490994 Information valid for the date of this posting only. Please contact us for the most current information and status of this property.

3225 Oak Hollow Drive Plano, TX Scan with your smartphone & take me with you. Description Features Photos Maps & Local Schools Property Video Neighborhood VIDEO Luxury Living in Plano TX $ Click for current price 5 BEDROOMS 5 BATHROOMS (4 full, 1 half) 4589 Square Feet Luxury Living in Plano, TX 629,000 USD 3225 Oak Hollow Dr Gorgeous Custom Model Home in Prestigious Hills at Prestonwood Golf Course Community with Plano Schools. Over .43 Acre Corner Lot with Tranquil Backyd Oasis, Pool, Spa, Pergola & Pond. Hard to find 5 Bdrms, 2 Down & Tons of Storage Space. Many Upgrades & Updates, Lux Master Spa Bath Is To Die For! Distressed Hardwoods, Marble, Crown Moldings, Lg Open Floor Plan Perfect for Entertaining! Dual Staircase, Energy Efficient Updates & Radiant Barrier. Brokered And Advertised By: Smith & Smith Realty Listing Agent: Terry Smith L2L Property Websites WP

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Quick Stats for 3225 Oak Hollow, Plano, TX 75093
5 bdrm – 4.1 baths – 4589 sq. ft. – 0.45 acre lot – pool, spa, pergola, pond – $639K

3225 Oak Hollow is Nestled in the prestigious Hills at Prestonwood Golf Community.  It’s in walking distance to Arbor Hills Nature Preserve, upscale shopping and all major thoroughfares.  Minutes from the Dallas Tollway.  Coveted Plano schools, LUX master spa bath to die for!  Pristine & relaxing outdoor entertaining area with pergola, pool, spa & pond.

If you’re looking for something that is traditional yet contemporary this home could be for you.  This home has all the rooms you’re looking for.  5 bedrooms, 2 down, that could serve as nanny quarters or mother- in law suite off the kitchen. Very private.  Also on the main floor is large family room as well as,  formal living & dining plus a study with french doors right off the entry.  Upstairs is 3 extra bedrooms plus a media or game room that’s wired for just about anything you want to do.

For all you car buffs: 3 car large garage with new polyurethane flooring,  ducted for HVAC and  plenty of overhead storage plus dual battery backup Liftmaster garage door openers and keypads.

3225 Oak Hollow – What You’ll Love about this Home!

• Spacious master retreat
• Lux Spa Master bath to die for!
• Closet under staircase for easy storage (think holiday decorations)
• Easy access to Tollway
• Quiet neighborhood
• Walking & Biking distance to Arbor Hills Nature Preserve
• Backyard is a year round peaceful oasis, pool, spa, pergola & pond – lush mature landscaping
• Great home for entertaining - host up to 1oo people using the indoor & outdoor living space
• Close to shopping & restaurants, including Shops at Legacy & New West Plano Village
• Plano Schools

Check out the links below for more info.  For private showing on 3225 Oak Hollow  - call or text 214-415-9829

Quick Links:
MLS 11927773
Virtual Tour
Updates & Upgrades

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Impact of Increasing Rates

 As you know interest rates fluctuate all the time

Although rates are very low and still remain that way you certainly don’t want to miss the lowest rate.   A good rule of thumb for refinancing is if you can save 1 point or more it’s worth the cost of the refi.   Same is true if your buying.   The graphic above shows the difference between 3.4% and 4.4% loan of $200K.

• The difference is $114.56 a month.  
• That’s $1374.72 a year and
• $41,241.16 over 30 years.

So how much money do you lose?

Hard to say.  It depends if you stay 30 years or what happens in your life, you can’t predict that as much as you’d like to.  Right?  The point is:

• 1 point makes a huge difference, heck even .5 is huge depending on what your borrowing.

This is one of the main reasons for the buyer demand now

Nobody wants to lose the lowest rate or big bucks.  If you look at your monthly payment and do the math the savings is huge.  Another reason sellers should make a move as well even if you’re up or downsizing it’s still going to cost you more.   Safe to say you can lose a boat load of  money with increasing interest rates.

How much will rates go up this year?

 Only Bernanke knows for sure.

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How’s the Market? Dallas County Real Estate is on an Upswing!

How’s the Market?

It’s getting better!  But it’s much more complicated too.  This chart is straight from the MLS , no projections, just actual information complied by NTREIS (North Texas Real Estate Information Systems). Dallas County sales are up almost 2% from last year which is good considering the time of year.  Now is when things start to get interesting.  Two important factors are necessary for continued success in the real estate market.

1.  Will buyer pent up demand continue?

2. Will sellers put homes on the market?

If you look at year to date sales are almost 10% ahead of last year, my opinion is buyer demand will continue based on low interest rates and need.  The most dramatic low inventory is about to drive everyone crazy, except for sellers that are getting the price they want and conditions met.  Putting your home on the market earlier this year could be very advantageous.

Why?

Because of  low  inventory there is less competition and if you wait till schools out you will  definitely have more homes to compete with in price and condition.  It’s the simple equation of supply vs demand.   The inventory drought is really the shock and awe of the market right now.  Knowing the facts about your area and neighborhood could result in a quick sale.   Would you believe closing in 30 to 60 days? Maybe sooner.

A Word about Pricing

Is 2005 pricing back?  I wish it was but NO,  its not – however median price is up almost 12% as well as pending sales.  All this points to a positive market and the low inventory favors a sellers market.  Dallas County Real Estate Trends  are on an upswing!   And if more sellers would join the market it would be even better  because of  inventory shortage.   If you’ve been thinking about selling now could be the right time to start investigating your options.

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