Dallas-Fort Worth has remained a focal point for luxury home sales in Texas during 2025, with the majority of the state’s highest-priced residential transactions occurring in neighborhoods near Southern Methodist University. However, there was a notable shift in the market this year as overall price growth slowed across the Sun Belt region. The two most expensive home sales in Dallas both closed below their original asking prices, reflecting changes in buyer sentiment.
The most expensive sale of the year was at 6601 Hunters Glen Road in University Park, which sold for $30.5 million. According to listing agent Alex Perry of Allie Beth Allman and Associates and the Houston Association of Realtors, this transaction set a new benchmark for Texas residential real estate. Perry stated, “Notably, the home’s final sale price of $30.5 million was $4.5 million below the original asking price of $35 million.” The property is a 1927-built mansion that went under contract just 30 days after it was listed on October 31 and closed on December 15. The seller was a trust connected to Josh Pack, former CEO of Fortress Investment Group who passed away earlier this year; the buyer is a trust established by a local Dallas family.
The second-highest public sale occurred at 4000 Euclid Avenue in Highland Park. This six-bedroom mansion originally listed for $33 million but ultimately sold for $25.5 million on December 3—representing an even larger discount from its initial price than the top-ranked deal. Compass Real Estate’s Genna Skolnik represented Maui Kiki Trust as buyer’s agent.
Plano made its debut among top-tier sales with the transaction at 5805 Red Wolf Lane for $15.9 million—a record-setting amount for Collin County residential properties. The buyers were Merrilee Kick and her family; Kick is known as founder of BuzzBalls.
Other significant deals included homes on Dorset Place, Armstrong Parkway, Gillon Avenue, Park Lane, Hollow Way Road, Shenandoah Street, and Lennox Lane—all located within prestigious Dallas or Highland Park neighborhoods or surrounding areas such as Preston Hollow and Old Preston Hollow.
Some sellers accepted substantial discounts off their listing prices while several transactions did not publicly disclose final sale amounts due to Texas being a non-disclosure state.
Despite these shifts and emerging competition from suburban markets like Plano, traditional strongholds such as Preston Hollow and Park Cities continue to dominate luxury real estate activity in North Texas.
