5 Costly Mistakes Home Buyers Make

1. Not knowing what they can afford before making an offer.

The best way to avoid this is to get pre-approved for a mortgage so you know exactly how much you can afford. Usually pre-approvals are free.

2. Not knowing who the agent represents

Unless an agent is working as your buyer representative, they represent the seller. Many people don't realize this.

3. Choosing the Wrong Mortgage

A bad mortgage can cost you thousands in taxes and interest. Consult an accountant before you choose your mortgage.

4. Not finding problems with the home before buying it.

You should always have a professional inspector look at the home before buying it, otherwise you could be looking at huge repair costs later on.

5. Not understanding how their credit can impact their ability to purchase or refinance a home.

Get a mortgage professional to help you go over and prepare your credit file before you buy a home. Check with Luke! 

 

How to Avoid a Money Pit:

Be on the Lookout for these 6 Warning Signs That Could Mean Expensive Repairs...

Many people think that serious defects in a home are easy to spot, but the truth is, often the most serious and costly problems can only be detected upon very close inspection. When you are considering buying a home, look for the following six telltale signs of serious problems...

1. Roof

Leaks are the most common problem with roofs, and are tough to detect from outside. However, from inside an attic, you can often see water marks where there is a leak.

2. Plumbing System

Make sure you are confident that both water systems: the one that brings fresh water in and the one that takes sewage out are functioning well before signing on the dotted line.

3. Electrical Systems

Before you agree to buy you should make sure that you can run all of the appliances you want to and even power tools at the same time without having a power failure. You also want to make sure that the electrical system is safe and does not present a fire hazard.

4. Heating and Cooling Systems

Be sure to thoroughly inspect the heating and air conditioning systems in any home you are considering purchasing.

5. Bad Paint and Signs of Rotting

The paint inside and outside the house can reveal a lot about the condition of the underlying material. Check several places on several walls, using your eyes and a screwdriver for poking.

6. Cracks and other important signs

Cracks in walls, doors not closing properly and uneven floors can all be signs that there is a problem with the foundation. If the foundation is not strong, the entire house could literally collapse, so you should carefully check for these signs. A bad foundation may not mean imminent disaster, but it could be used to bargain for a lower sale price, or you could ask to have the owner repair it before the sale.

 

Do you have more questions or are you ready to start seeing some properties? Schedule an appointment with us here! 

$1 - $10 Million DFW Homes

$10,000,000
6 Beds ⋅ 9 Baths ⋅ 21308803 MLS
SEARCH 5905 GIVERNY ON YOUTUBE FOR 2026 FULL VIDEO.Located behind the gates of Chateau Du Lac and pristinely set on over four private acres with breathtaking views of Lake Grapevine, this extraordinary estate offers a rare blend of serenity, scale, security and flexibility. Designed as two residences under one expansive roofline, the property is ideal for multi-generational living or those seeking a private guest quarters complete independence. Spanning more than 14,900 square feet, the home is thoughtfully designed with dual full kitchens on opposite wings, along with a separate private entrance that allows both sides of the residence to function entirely on its own. Custom built with classic craftmanship boasting extensive natural stone, gorgeous custom millwork, wood -beamed ceilings, exceptional floorplan with high end finishes throughout. With six Bedrooms, nine Bathrooms and quite a few Flex space rooms, the estate provides ample space for both everyday living and hosting on a grand scale. Inside you will find three dedicated Office spaces, including a distinguished two level Library, six Living Areas, a Viewing or Media room offering endless opportunities for recreation. Retreat from the day to the beautiful Primary overlooking the pool and backyard oasis, with an expansive spa Bath. The grounds are equally captivating, with a babbling creek and tranquil koi pond greet you at the front entrance. A flowing pond with charming watermill creates a peaceful storybook setting in the backyard. An infinity edge pool and spa, full covered fireplace and veranda full outdoor kitchen and pizza over are just a few of the backyard amenities. Surrounded by nature and secured behind two security gates, this property delivers the utmost in exclusivity. This is a one of a kind estate for those who value space, beauty and a secluded lifestyle just moments from the heart of Grapevine. Please see transaction desk for additional details including additional acreage available.

5905 Giverny, Flower Mound
$10,000,000
8 Beds ⋅ 13 Baths ⋅ 21090720 MLS
One of North Texas’ most extraordinary luxury waterfront estates, set on 7.4 private acres with breathtaking 180-degree panoramic views of Lake Ray Roberts. Bordering 440+ protected acres of Army Corps of Engineers land, this exceptional property offers unmatched privacy, direct access to untouched natural shoreline, and a resort-style lifestyle rarely found in the DFW area. Walk to the lake in minutes, enjoy marina access nearby, public hunting land, Lake Ray Roberts State Park, and 20+ miles of scenic hiking, biking, and equestrian trails. Located within an exclusive gated enclave of just 22 homesites in Denton County with no city taxes and highly regarded Sanger ISD, this property combines luxury living with privacy, convenience, and outdoor adventure. HOA maintains private roads, gates, and drainage infrastructure. Private well, septic, propane, and CoServ Electric provide independent utility infrastructure. The estate features approximately 20,000 SF under roof, including a 16,500 SF main residence, 1,299 SF guest house, and 2,000 SF luxury equestrian facility with 6 premium stalls, training facilities, and cattle loading infrastructure. Designed for grand-scale entertaining and elevated everyday living, the property offers 8 bedroom suites, 13 bathrooms, 11-car garage capacity, full-size indoor gymnasium, private 12-seat theater, secondary catering kitchen, sauna, jacuzzi, infinity-edge pool, 3 waterfalls, children’s pool, outdoor kitchen, cabana, fire pit, and dual dog runs. Smart home technology allows remote management from anywhere in the world. Offered fully furnished with select furnishings available for purchase. A true legacy property.

1180 Mcreynolds Rd, Sanger
$9,995,000
3 Beds ⋅ 5 Baths ⋅ 21297048 MLS
This Highland Park home is a rare gem on the highly sought-after estate block of Gillon Avenue - the very first property adjacent to Lakeside Drive and Exall Lake on Turtle Creek. Sitting on 0.437 acres, it boasts 96 feet of frontage framed by mature trees and meticulous landscaping. Remodeled by JK Boone, this residence showcases exquisite flooring, custom millwork, and incredible art walls. A unique feature is the dual primary suite layout, one that offers a private terrace overlooking the serene rear grounds. High ceilings and generous room proportions create an inviting ambiance. Outside, a beautifully landscaped yard includes an outdoor living area with a fireplace in addition to the pool area with Pennsylvania stone hardscaping, a fountain, and a commercial pizza oven. Above the detached two-car garage is a 464 square-foot guest suite or quarters with elevator access. This property combines impeccable craftsmanship with a sterling location making it an incredible opportunity to utilize the existing home and improvements, or embark on a new chapter using the commanding street presence and exceptional location.

4009 Gillon Ave, Highland Park
$9,995,000
7 Beds ⋅ 8 Baths ⋅ 21290803 MLS
Legacy, Location, Land, Luxury, and Lifestyle encompasses the Spicerrosa Electra Estate. Perched high above Electra Lake on a dramatic and completely private alpine bluff, this Estate represents one of the most extraordinary legacy mountain properties in Southwest Colorado. Set on9.29 secluded acres with direct access into San Juan National Forest and located within coveted Colorado Game Management Unit 74, this estate lives infinitely larger than its acreage, offering an unmatched gateway to hundreds of thousands of acres of protected wilderness, recreation, and big-game habitat. From nearly every room and outdoor living space, the estate captures commanding panoramic views stretching across Electra Lake and the iconic peaks of the San Juan Mountains. The setting is exceptionally rare — private, protected, and impossible to replicate — creating a true sense of being immersed in the mountains while remaining conveniently close to both Purgatory Resort and The Glacier Club.

175 E Spruce Mesa, Durango
$9,988,000
8 Beds ⋅ 13 Baths ⋅ 21217655 MLS
Southlake Estate Unlike Anything Else! 4.83 Acres of Private, Resort-Style Living. Extraordinary estate is a rare expression of scale, sophistication, & design, crafted for those who expect nothing less than exceptional. Grand circular drive & stately motor court set the tone for what lies beyond, an estate where every detail is curated to deliver a lifestyle few properties can offer. Inside, timeless architecture meets modern refinement, with an elevator providing access throughout & living spaces designed to impress yet feel effortlessly livable. Built for both entertaining & everyday living, the entertainment wing features a game room with wet bar & tiered theater, while dual executive offices & gym create the perfect balance. The chef’s kitchen is nothing short of extraordinary, equipped with commercial-grade gas appliances, dual dishwashers, built-in refrigeration, double ovens, warming & cooling drawers, plus a butler’s pantry & walk-in pantry designed to accommodate gatherings on any scale. The Owner’s Retreat is a sanctuary, offering a serene escape with a spa-inspired bath, expansive custom wardrobes, & a level of privacy & tranquility rarely found. Two main-level guest suites provide exceptional accommodations, while the upper-level features 5 additional en-suite bedrooms & multiple living spaces designed for flexibility & comfort. Outdoors, the estate transforms into a private resort—an oversized pool & spa, multiple covered lounge areas, full outdoor kitchen, & a striking stone fireplace create an unparalleled setting for year-round entertaining. The indoor sports court, adaptable for 2–3 pickleball courts, adds a rare & coveted amenity, completing a lifestyle experience that is both dynamic & indulgent. With a 6-car garage, impeccable craftsmanship throughout, this estate represents a compelling opportunity at its offering price, delivering extraordinary value for its scale, privacy, & unmatched features. Attributes & additional information in docs.

940 W Dove Rd, Southlake
$9,900,000
4 Beds ⋅ 5 Baths ⋅ 21339424 MLS
Architecturally striking and beautifully reimagined, this exceptional Highland Park home sits on an oversized 120' x 166' lot in one of the Park Cities' most coveted locations. Designed around a private courtyard and resort style outdoor living spaces, the home is filled with natural light through dramatic floor to ceiling windows, soaring ceilings, and timeless architectural details including stone archways, exposed cedar beams, and multiple fireplaces. The thoughtfully designed U-shaped floor plan offers seamless indoor and outdoor living with expansive entertaining spaces, generous room proportions, and exceptional privacy. A luxurious first floor primary suite serves as a true retreat, while spacious bedrooms and inviting living areas provide flexibility for both everyday living and entertaining.

3848 Potomac Ave, Highland Park
$9,900,000
7 Beds ⋅ 10 Baths ⋅ 21326263 MLS
Experience elevated lakefront living in this extraordinary luxury estate on the coveted southeastern shores of Lake Texoma. Perfectly positioned on a deep-water cove, this exceptional property showcases breathtaking panoramic water views from nearly every room and now features a newly constructed private boathouse, offering effortless access to one of Texas' premier recreational lakes. Designed for both grand entertaining and peaceful retreat, the estate boasts an award-winning multi-level infinity-edge pool, expansive outdoor living spaces, and a fully equipped outdoor kitchen overlooking the water. Inside, timeless architecture meets sophisticated designer finishes, creating an elegant yet inviting atmosphere throughout.Arrive in style via the private drive or helipad, providing unmatched convenience and privacy for owners and guests alike. Ideally located just minutes from the future Hard Rock Hotel development and the exciting entertainment, dining, and destination amenities transforming the Lake Texoma area, this is a rare opportunity to own one of the region's most distinguished waterfront estates. Luxury, location, and lifestyle come together here in a way few properties can offer. Schedule your private tour today.

362 Thompson Heights Dr, Denison
$9,750,000
10 Beds ⋅ 8 Baths ⋅ 21285188 MLS
Natures Hearts Ranch is a 37 Acre Waterfront Sanctuary on Richland Chambers Lake! This custom home epitomizes luxury living amidst the tranquility of nature. Every detail has been meticulously crafted to create unparalleled living experience. Main home is 6635 sf. 6 bedrooms, 5.1 baths, 2 offices, theater room, exercise room. 2nd floor living quarters accessible by elevator is perfect for hosting guests. Guest home with garage and workshop, includes 2,383 sf of living space, 4 bedrooms, 2 baths, kitchen, living, and laundry. Primary home is equipped with state-of-the-art Smart Home technology offering seamless control with voice automation. For the equine enthusiast, 5 stall barn and tack room await. Outside is 1211 ft of shoreline with retaining wall, 3 ponds, swimming pool. Safety and security are paramount; security system, 2 Generac generators and below garage is an in-ground storm shelter. Natures Hearts Ranch, where luxury and nature converge to create the ultimate retreat! Property is located in an opportunity zone!

121 Elm, Kerens
$9,750,000
6 Beds ⋅ 10 Baths ⋅ 21253578 MLS
Set on iconic Strait Lane, 10920 is a contemporary estate designed to feel like a private resort—offering 11,211 square feet on approximately 0.72 acres in prestigious Preston Hollow. Behind dual gates, the home makes an immediate impression with clean architectural lines, soaring ceilings, and walls of custom windows that flood the interiors with natural light while seamlessly connecting to the outdoors. Timeless materials and thoughtful design define the residence. Ojinaga limestone and Travertino Jalapa accent walls bring warmth and texture, while white oak millwork carries throughout—from bespoke cabinetry to meticulously finished closets. The open-concept chef’s kitchen is ideal for entertaining, featuring premium appliances, expansive prep space, and a dedicated wine room for effortless hosting. Visual Comfort lighting and statement chandeliers create an elevated ambiance from day to night. The main-level primary suite serves as a private retreat, complete with a spa-inspired bath featuring enclosed dual showers and a spacious custom closet with a center island. A variety of living spaces include formal dining, a sunlit living room with bar, a private office with built-ins, media and game rooms, and a main-floor guest or staff ensuite. Dual utility rooms—one on each level—add convenience. Outdoors, a covered loggia, full outdoor kitchen, pool, and firepit are surrounded by mature trees, curated landscaping, and ambient lighting, creating a secluded backyard oasis. A five-car garage and private balconies complete this exceptional offering on one of Dallas’s most distinguished addresses.

10920 Strait Ln, Dallas
$9,700,000
6 Beds ⋅ 10 Baths ⋅ 21246764 MLS
Exuding timeless elegance, this Mediterranean Spanish style revival estate rises as a rare expression of Old-World artistry and luxury, where every detail has been curated to evoke the feeling of a private European villa set within an exclusive Texas sanctuary. The residence rests on 2.214 acres of land in the prestigious King’s Gate neighborhood. The estate is positioned on a commanding homesite, capturing sweeping greenbelt vistas and unforgettable sunset skies. From the moment of arrival, the architecture reveals itself with quiet grandeur, arched forms, hand-finished detailing, and a sense of proportion that feels both timeless and intentional. The residence offers 6 bedrooms, including a private casita suite designed for guests or multigenerational living while thoughtfully separated with a stone fountain courtyard. Inside the home transitions into a world of refined interiors and layered craftsmanship. The first-floor executive study is a statement of quiet sophistication, framed by arched windows, enriched with detailed millwork, and a fireplace that anchors the space in warmth and tradition. Within, a dedicated golf simulator lounge offers a rare and refined amenity for enthusiasts, perfectly complemented by an outdoor putting green for year-round enjoyment. Wellness and recreation are thoughtfully woven into the estate, with a full exercise room, and a private tennis-basketball sport court. A 5-car garage with one bay thoughtfully converted into a wellness space. Below, hidden within the architecture of the home, a climate-controlled wine cellar awaits, wrapped in natural stone and rich wood finishes. Behind arched iron doors, curated wine displays unfold in an atmosphere reminiscent of a European estate tasting room. The outdoor grounds feature a resort-style pool with a gazebo, and lush landscaping. Every space has been composed to deliver a sense of permanence, privacy, and elevated living, an estate that is not simply lived in, but experienced.

6416 Old Gate Rd, Plano
Start Your Search

Listings provided by North Texas Real Estate Information Systems (NTREIS). Listing data has been deemed reliable but is not guaranteed to be accurate by the MLS.

Last updated: