6439-Stichter-in-Dallas 6439 Stichter Avenue in Dallas boasts a green lot in the heart of the Hollow.

Who says you can't find a home in Preston Hollow for under $500,000? 6439 Stichter is only a block off Walnut Hill Lane and deliciously close to everything: Preston Royal, Preston Center, the Tollway, Preston Road. It's a perfect home for a moving-up family or moving down empty nest-er because the value will always stay in the land in this 'hood. And with a reduction in the asking price from $510,000 to $492,000, these sellers are serious, or getting there.

I'm going to level with you: you're not getting new construction, which in this 'hood goes for well over a million (even the foreclosures). But you are getting bright, newly updated interiors from obsessive-compulsive owners. I'm not going to tell you the kitchen has Sub Zero and Wolf, but you get tumbled marble counters, a gas range, and stainless appliances. And I'm a sucker for white kitchens.

In this 2,233 square feet, you get three bedrooms and three baths. The sellers have installed many wall mirrors and opened up the family room nicely with a vaulted ceiling, which eliminates that "ranchy" low-ceiling feel. I like the original molding, hardwoods, brick floors in the kitchen, a separate laundry room, and attached two-car garage that has a generous storage closet. The main bathroom has original (circa1949) tiles in mint condition.

You know what else is gorgeous? The lot — trees, green, .32 acres (93 by 155 feet!) with room enough for a pool.

In a word, it's a very live-able family house, and it's located on a great street at a great price. If you can muster up a hefty down payment, and can qualify for a conventional mortgage of about $417,000, you are getting the lowest interest rates in the history of the world. Any lower, they'll be paying us to take out a mortgage. So make an offer and take the Preston Hollow plunge.

For much more about local real estate, visit DallasDirt.