Ultra-luxury buyers in North Dallas did not take the summer off. In the span of about 24 hours, two high-end homes - one in Highland Park and the other in Old Preston Hollow - changed hands, with a combined asking price just shy of $24 million. In a market where big-ticket listings often linger, this kind of back-to-back action still turns heads.
The estate of the late rancher and oilman Barron Kidd sold its 1936 Glenwood Avenue home after marketing it at about $11.5 million, according to The Real Deal, which reviewed public records. The six-bedroom, six-bath property spans roughly 6,000 square feet and includes a putting area, greenhouse and a stream fed by Turtle Creek. Public records list the buyer as an LLC registered to Sarah Penn James, per that report.
Osier’s Park Lane Property Closed At Mid-$11 Million
Across town in Old Preston Hollow, entertainment agent Gary Osier’s contemporary Park Lane estate also found its next owner this summer. The roughly 10,300-square-foot home, with a guest casita and pool on a 1.1-acre gated lot, was marketed this spring and closed late in July.
The Allie Beth Allman & Associates listing for 5020 Park Lane shows the property carried a final list price near $11.65 million and closed on July 31, 2025, with details recorded in the local MLS. Public listing aggregators, including Homes.com, identify the buyers as Jeffrey and Lori Runnfeldt and list the sale date as July 31, 2025.
Where These Deals Sit In The Bigger Picture
Both properties appeared on the Houston Association of Realtors’ May roundup of Texas’ priciest residential listings, a group that, in many cases, was still hunting for buyers well into the summer. The broader story has been a slowdown at the very top of the market, with some of the splashiest listings taking longer to move.
Even so, the ultra-luxury lane is not completely stalled. The Real Deal reported that while the highest tier has cooled, brokers say the larger $3 million-plus segment is still drawing steady interest. “The $3 million-plus segment is thriving,” one local Compass executive told the outlet.
Full, recorded sale figures for the Highland Park property remain limited in public listings, even as the Park Lane deal is clearly logged with a late-July close. Taken together, the two sales show that when privacy, product and presentation all line up, Dallas’ top-end homes can still disappear from the market in a hurry.
