New on the market. Offered February 5, 2016 for $1,575,000. Elegant estate on .8 acres in Palomar Estates of Southlake. Incredible floor plan offers graceful entry, downstairs media & game room, master suite, & 2nd bedroom. Oversized gourmet kitchen with Thermador appliances & all the amenities. Luxurious outdoor living area overlooks 40,000 gallon pool & mature oaks. Sits on a quiet back corner of this highly sought after locale. Built ins include gun safe, 128 bottle wine refrigerator, CAT 6, & more.
The construction of the Interstate Highway System reinforced Dallas’ prominence as a transportation hub with four major interstate highways converging in the city, and a fifth interstate loop around it. Dallas developed as a strong industrial and financial center, and a major inland port, due to the convergence of major railroad lines, interstate highways, and the construction of Dallas/Fort Worth International Airport, one of the largest and busiest airports in the world. The city is the largest economic center of the 12-county Dallas–Fort Worth–Arlington metropolitan area, which had a population of 6,810,913 as of July 1, 2013. The metropolitan economy is the sixth largest in the United States, with a 2012 real GDP of $420.34 billion In 2013, the metropolitan area led the nation with the largest year-over-year increase in employment, and advanced to become the fourth-largest employment center in the nation (behind New York City, Los Angeles and Chicago) with more than three million non-farm jobs.
The city’s economy is primarily based on banking, commerce, telecommunications, computer technology, energy, healthcare and medical research, and transportation and logistics. The city is home to the third-largest concentration of Fortune 500 companies in the nation. In the latest rankings released in 2013, Dallas was rated as a “beta plus” world city by the Globalization and World Cities Study Group & Network and was 14th in world rankings of GDP by the Organisation for Economic Co-operation and Development.