This area of Fort Worth became a fashionable subdivision during the early part of the twentieth century and attracted many prominent residents. In 1906 Fort Worth banker Ben O. Smith (1867-1932) purchased land at this site. He built a home here for his wife, Frances, who hosted many Fort Worth social gatherings. In 1916, the home was purchased by Tom Burnett, a prominent cattleman and the son of rancher S. Burk Burnett. The site retains historical significance for its association with these two prominent Fort Worth families.