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One of Texas’ priciest homes trades hands

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One of Texas’ priciest homes trades hands


A mystery trust bought one of the most expensive homes in Texas this week — just months after buying another multimillion dollar property nearby.

The Lost River Trust bought the mansion at 4815 Saint Johns Drive in Highland Park from Dallas entrepreneurs Melbourne and Jamie O’Banion on May 5, according to county records. The final sale price is undisclosed, but the sellers had the home listed for $24.9 million at the time.

The six-bedroom, eight-bathroom home spans 11,433 square feet on a 0.6-acre lot, according to the listing. It was built by Mark Molthan and designed by Tom Weber. They listed the home on March 23 for about $2,200 per square foot.

Allie Beth Allman, founder of the eponymous brokerage, represented the sellers. Damon Williamson with The Agency represented the buyer, according to Redfin.

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Just two Dallas homes last year sold with listing prices higher than $25 million, though both sold for well below what they asked. The trust of the late Fortress Investment Group CEO Josh Pack sold his former home at 6601 Hunters Glen Road for $30.5 million after asking $35 million, and manufacturer Guinn Crousen sold his home at 4000 Euclid Avenue for $25.5 million after asking $33 million.

Only six homes in Texas are asking a higher price, according to Zillow. Two effectively tie with the home on Saint Johns Drive: a spec mansion on Strait Lane that’s asking $25 million, and another new construction at 4 Lana Lane in Houston that’s asking $25.5 million.

The Lost River Trust bought another luxury home just six months ago. On Nov. 14, the trust purchased the home at 3709 Euclid Avenue, a four-bedroom, six-bathroom, 5,845-square-foot house that was asking $14 million when it withdrew from the market in September. It’s about half a mile south of the home on Saint Johns Drive.

Melbourne O’Banion is the CEO of Dallas-based tech startup Bestow, which produces software for life insurance companies. His wife Jamie O’Banion is the founder of Dallas-based cosmetics company BeautyBio.

The Crespi Estate at 5619 Walnut Hill Lane, listed by the Cox Family for $64 million, remains the most expensive home on the market in Texas.

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Dallas entrepreneurs Jamie and Melbourne O’Banion list Highland Park mansion for $25M

Allie Beth Allman, Taylor Hamra and the late Sam Hamra with 4700 Lakeside Drive

Estate of late Dallas plastic surgeon Sam Hamra sells historic Highland Park teardown to mystery buyer

Jon Venverloh and Robert Vaughn with 6901 Hunters Glen Road in University Park

Robert Vaughn buys University Park spec mansion that asked $26M





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Dallas, TX

Dallas Weather: Thunderstorms in the forecast for Friday & Mother’s Day

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Dallas Weather: Thunderstorms in the forecast for Friday & Mother’s Day


Thunderstorms will roll through parts of North Texas on Friday. Thankfully, none should be severe. Mother’s Day could be a different story.

Friday Forecast

According to FOX 4 Weather Meteorologist Berkeley Taylor, a cluster of thunderstorms will work their way east across the Dallas-Fort Worth Metroplex on Friday morning.

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Everything is well below severe limits, just with lots of lightning! 

Scattered showers and thunderstorms will move in and out through the day on Friday. Coverage is about 20%.

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An isolated strong storm or two can’t be ruled out, but the overall threat is low. 

Temperatures will be in the 50s and 60s for the morning, before climbing into the 80s by the afternoon. 

Weekend Forecast

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Saturday will look similar, with even lower coverage expected. 

Sunday presents the best chance to find rain and storms – about 50% as a cold front moves through North Texas. 

North Texas is under a Level 2 out of 5 risk for severe weather. The biggest concerns will be with wind and hail. 

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Timing-wise, the front looks to move through in the afternoon/evening. 

7-Day Forecast

Once the front is south of North Texas on Mother’s Day, the rain should come to an end, and it will stay dry into next week.

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Temperatures will start to warm into the upper 80s and low 90s by midweek next week.

The Source: The information in this story is from the FOX 4 Weather team and National Weather Service.

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Dallas, TX

Dallas deck park set to reconnect Oak Cliff after decades of division

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Dallas deck park set to reconnect Oak Cliff after decades of division


Dallas is just days away from opening the new Harold Simmons Bridge Park, a deck park built over I‑35E near the Dallas Zoo. The project, more than 35 years in the making, is designed to reconnect the long‑divided Oak Cliff community. Instead of a traditional ribbon‑cutting, leaders held a symbolic event highlighting unity and the park’s role in bringing neighborhoods back together.



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Cowboys’ Stephen Jones says what NFL won’t admit about the Micah Parsons trade

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Cowboys’ Stephen Jones says what NFL won’t admit about the Micah Parsons trade


It hasn’t even been a year since the blockbuster Micah Parsons trade, but the Dallas Cowboys have officially and completely moved on.

Although in many ways, the 2025 season feels like it was wasted with how good the Cowboys’ offense was, the decision to trade Parsons to the Green Bay Packers was pretty simple in principle: Dallas did not believe one great player was worth four or five good players. And that is a sentiment that has been repeated to an almost political degree from the Cowboys’ brain trust.

Cowboys EVP and CEO Stephen Jones recently reiterated the Dallas’ internal pleasure over how the Parsons trade has played out, and he essentially said what everyone in the NFL refuses to say: The Cowboys might have actually made the right call.

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Stephen Jones likes how Dallas Cowboys have reloaded the defense after Micah Parsons trade

Here’s what Jones had to say (via NFL.com) regarding his thoughts on the trade now that the pieces are pretty much all in place:

“We feel really good about it. Obviously, much respect for Micah and what he stands for and how he plays and the caliber of player he is, but at the same time we feel good about what we’ve added via that trade.

You look at a guy like Quinnen Williams and Kenny Clark, they’re alpha players who not only are great players on the field, but they’re leaders in the meeting room. How they go about their business in the offseason, [they] just bring great leadership to this team. As we mentioned, we add a guy like Caleb Downs, who is obviously the same type of character…

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I just feel very optimistic that we have the right pieces in place to go out there. Ultimately, the decision we made was that one player was not worth four or five good ones.”

There is really a lot going on with what Jones says right here that will perk up a lot of ears and eyebrows.

Of course, the general sentiment seems to be that the Cowboys are pleased with the way they’ve utilized the assets they got in that trade from the Packers. The acquisition of defensive lineman Quinnen Williams gives Dallas an absolute stud in the middle, but having Kenny Clark next to him is a really underrated piece as well.

The trade back in the first round of this year’s draft with Green Bay’s selection landed the Cowboys Malachi Lawrence, Devin Moore, and LT Overton. There’s still the matter of which pick will go to the Jets next year from the Williams trade, but it will be whichever of Dallas’ and Green Bay’s pick is higher.

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You can also tell that the personal makeup of the players they’ve added was important for Dallas in this process, and while Jones stops short of taking a dig at Parsons in that regard, you can hear what he’s saying pretty loud and clear when he talks about guys being “alpha” players on the field as well as leaders in the meeting room. Message sent.

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The thing nobody in the NFL really wants to admit is that the Cowboys did the right thing by trading Parsons when and how they did. And while you can debate whether they truly got great value, it’s hard to argue with the idea that one player is worth four or five, especially when that one player would be taking up the same slice of the pie as most quarterbacks around the NFL.

It’s not that you can’t make it work, but in Dallas’ context, they felt like that investment in Parsons was a signal that they were “one player away”, and it’s hard to argue with their self-awareness that they simply weren’t in that position a year ago.

Although the cost was moving on from a true superstar off the edge like Micah Parsons, it’s a trade that has helped Dallas reload a huge portion of their starting defense, including adding three quality players on the defensive front, maybe more.

Most people hated the Parsons trade just on principle. How can you trade a defensive superstar still with his prime years ahead of him? Doesn’t it send a bad message to other players who earn big-money contracts? Ultimately, the Cowboys drew a proverbial line in the sand, and that’s part of the business of the NFL.

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They still have to hope that all of the new additions work out, but on paper, it’s hard to argue with what the Cowboys were able to assemble rather quickly because of this trade.

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