Tom Grisak's Real Estate Newsletter Thursday, August 13, 2026 |
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| The #1 Realtor in Fairview, Lucas, and Parker, for the past 25 consecutive years! |
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We hope you'll take a look at all of our listings below. We normally don't carry this much inventory this late into the year, but it's the result of the slowdown we all experienced after the February 28th Iran conflict. Some of those homes haven't sold yet; then add to that all of our new listings, and our inventory swells. The first quarter took everyone by surprise, but sales have recovered nicely in this sub-area of the MLS. Surprisingly, our fourth quarter is historically strong, even though we have several holidays in there, so hopefully we'll start to see some of these homes moving.
I want to emphasize this: sellers in this area (FLP) tend to be patient and don't panic when the market slows down. They might tweak their listing price with periodic reductions, but in all the years I've been out here, I've never seen any type of panic selling. This is a very niche area of the MLS, and people know what they have. |
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State Of Our Real Estate Market |
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The Conundrum of Pocket Listings
Every year, we sell at least one or two off-market homes, also called "pocket listings". That means we had a signed listing agreement with the seller, but the home never appeared on the MLS, our website, social media, newsletters, postcards, etc. Those are the rules agents are expected to follow for pocket listings.
We can share our pocket listings with other agents in our KW Allen Office because we are all licensed under the same broker. We can also tell our clients or anyone else who reaches out to us about the home, but that's it.
Listing services across the country are hotly debating how pocket listings should be handled as this is being written. Until it's all sorted out, we will continue to adhere to the rules of our MLS.
Since we can't tell you what we have in the way of pocket listings, it's a good idea if you let us know your needs. Then, we might be able to make a match when we get a new one.
Now that I've explained the ground rules about pocket listings, I can tell you we have just listed a fabulous pocket listing home in Fairview. I just saw the pictures, and it's stunning. I'd put it right up there with the finest of homes we've ever sold or seen out here. It's priced in the $4 million range.
We'd love to show the home to you once we have verification of your financial ability to purchase it. Just call our office and let us know you are interested in the new Fairview pocket listing, and we'll take it from there. |
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Introducing Logan Ford Ranch in Lucas |
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Chances are, you've never seen Logan Ford Ranch because it's in far East Lucas. Any further east, and you'd be in Lake Lavon, and that's one of the beauties of this development. Nights are dark and quiet; you can look up and see the stars, and traffic is almost non-existent.
Many of the homes in this development are on large tracts and set well back from the roads. Because of that and the large acreage tracts in crop production surrounding the development, you really feel like you're in the country. But you're not; the development is only 5 miles as the crow flies from several million SF of dining, shopping, and entertainment in both Fairview and Allen.
There's nothing else like Logan Ford Ranch in Fairview, Lucas, or Parker, and there never will be again. Living here is leaving the city behind, but it's easy and fast to get to if you desire.
If you'd like to see an aerial video of this wonderful development, click on the picture below or follow This Link. We have just listed a very nice, well-cared-for home in Logan Field Ranch on Ford Rd. It's at the end of a small, two-lane country road with other beautiful homes and zero traffic. You can see the home below or follow This Link. |
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There are two streets in Lucas known for their big, true estate homes. Winningkoff Rd, shown in This Video is one of them. I'm proud to say we sold most of the properties you see here over the past 25 years.
Like Logan Ford Ranch, these homes are only 5 miles as the crow flies from millions of square feet of dining, shopping, and entertainment in both Allen and Fairview. |
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Edgewood Estates and Cimarron, Lucas |
I'm working my way through Lucas shooting aerial videos of the major developments. Most of these homeowners have probably never seen their neighborhood from the air and have to rely on Google Maps, which is outdated and low-quality.
The remaining neighborhood videos are the only things left before our Lucas page is completed. When we receive an inquiry about a home we have listed in these towns from someone who doesn't know a thing about this lifestyle we enjoy, we like to be able to send them someplace where they can get a little flavor of the town, a short history, and lifestyle. Why people enjoy living here. I'll be starting on our Fairview page when this is completed, and then Parker.
The video below is of Edgewood and Cimarron, located at the corner of Country Club. To see it, you can click This Link or on the picture itself. |
Our Recent Sales and New Listings Activity |
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| AVAILABLE New Construction 801 Walden Pond Way Fairview/Lovejoy ISD Listed For $4,499,000 Learn More |
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| NEW LISTING New Construction 900 Healy Drive Fairview/McKinney ISD Listed For $3,890,000 Learn More |
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| AVAILABLE 917 Tranquility Drive Fairview/Lovejoy ISD Listed For $2,999,000 Learn More |
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| SOLD 5008 Kingston Court Parker/Plano ISD Listed For $2,195,000 Learn More |
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| UNDER CONTRACT 1216 Hicks Trail Lucas/Lovejoy ISD Listed For $1,550,000 We Are Representing The Buyers |
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| AVAILABLE 310 Deer Path Fairview/Lovejoy ISD Listed For $1,489,000 Learn More |
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| UNDER CONTRACT 503 Burke Drive Lucas/Lovejoy ISD Listed For $1,399,000 We Are Representing The Buyers |
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| SOLD 4909 Whisper Drive Parker/Allen ISD Listed For $1,399,000 Learn More |
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| UNDER CONTRACT 1500 Ford Lane Lucas/McKinney ISD Listed For $1,300,000 Learn More |
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| PRICE REDUCTION 1505 Barton Creek Court Lucas/Lovejoy ISD Listed For $1,199,900 Learn More |
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| AVAILABLE 631 Lakeridge Drive Fairview/McKinney ISD Listed For $1,199,000 Learn More |
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| NEW LISTING 1017 Santiago Trail Seis Lagos/Lovejoy ISD Listed For $1,175,000 Learn More |
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| NEW LISTING 1205 Kitchens Drive Lucas/McKinney ISD Listed For $1,133,000 Learn More |
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| SOLD 85 Stone Hinge Drive Fairview/Lovejoy ISD Listed For $1,110,000 We Are Representing The Buyers |
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| NEW LISTING 4546 CR 408 McKinney/McKinney ISD 4.32 Acres Listed For $1,095,000 Learn More |
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| UNDER CONTRACT 1806 San Carlos Avenue Allen/Lovejoy ISD Listed For $1,029,000 Learn More |
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| UNDER CONTRACT 1260 Stacy Road Fairview/Lovejoy ISD Listed For $949,000 Learn More |
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| SOLD 3410 Beechwood Drive Prosper/Prosper ISD Listed For $945,000 We Are Representing The Buyers |
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| NEW LISTING 1797 Baltimore Drive Allen/Lovejoy ISD Listed For $849,900 Learn More |
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| SOLD 1728 Monaco Drive Allen/Lovejoy ISD Listed For $849,900 Learn More |
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| PRICE REDUCTION 844 Veneto Drive Allen/Allen ISD Listed For $784,900 Learn More |
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| PRICE REDUCTION 1980 Winningkoff Road Lucas/McKinney ISD Listed For $745,000 Learn More |
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| UNDER CONTRACT 381 Lakewood Lane Honey Grove/HG ISD Listed For $750,000 Learn More |
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| UNDER CONTRACT 811 Shady Brook Lane Fairview/McKinney ISD 1.02 Acre Lot Listed For 595,000 Learn More |
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| AVAILABLE TBD FM 272 Leonard/Leonard ISD 22.61 Acre Lot Listed For 550,000 Learn More |
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| SOLD 5210 Briar Ridge Circle McKinney/McKinney ISD Listed For $530,000 We Are Representing The Buyers |
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| SOLD 2516 Skiles Drive Plano/Plano ISD Listed For $525,000 Learn More |
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| PRICE REDUCTION 920 Mustang Drive Allen/Allen ISD Listed For $499,000 Learn More |
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| AVAILABLE 675 Chamberlain Place Dr 1.08 Acre Lot Fairview/McKinney ISD Listed For $499,000 Learn More |
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| SOLD 6 N Star Road Lucas/Lovejoy ISD 2.18 Acre Lot Listed For 475,000 Learn More |
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| SOLD 1918 Rhea Court Celina/Celina ISD Listed For $450,000 We Represented The Buyers |
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| SOLD 557 Gillespie Drive Allen/Allen ISD Listed For $350,000 Learn More |
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| AVAILABLE 13 Lots in Inspiration 0.28 - 0.52 Acres St. Paul/Wylie ISD Listed From $230k - $395k Learn More |
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Call us any time at 972.359.1553 or email us at [email protected]. Please visit us at Grisak.com as we're adding new listings all the time. And make sure to follow us on Facebook for more current updates. |
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