Why Live in Lake Highlands
Lake Highlands in Dallas is a suburban neighborhood known for its peaceful residences and proximity to downtown, located less than 15 miles away. The area is popular among families due to its well-rated schools within the Richardson Independent School District, including White Rock Elementary, Merriman Park Elementary, Forest Meadow Junior High, Berkner High, and Lake Highlands High. The neighborhood features a mix of midcentury bungalows, ranch-style homes, and contemporary constructions, with many homes boasting good-sized backyards and pools. Recreational opportunities abound with over 875 acres of parks and 26 miles of trails, including Lake Highlands Park, B. B. Owen Park, and Flag Pole Hill, which offers scenic views of White Rock Lake. The lake is a local favorite for kayaking, paddleboarding, and fishing. Retail options are plentiful along Skillman Street and McCree Road, featuring stores like Target, Sprouts, and Sam's Club, as well as dining spots such as First Watch and Jake's Gameday. The community hosts regular events, including the Run the Highlands 5K, a Fourth of July parade, and the Light up the Highlands holiday celebration. Commuters benefit from the neighborhood's location near major highways like I-635 and the DART light rail system. Medical City Dallas Hospital is just 5 miles away, and the Dallas-Fort Worth International Airport is 25 miles from the neighborhood.
Home Trends in Lake Highlands, TX
On average, homes in Lake Highlands, Dallas sell after 43 days on the market compared to the national average of 51 days. The median sale price for homes in Lake Highlands, Dallas over the last 12 months is $589,000, up 9% from the median home sale price over the previous 12 months.
Median Sale Price
$589,000
Median Single Family Sale Price
$650,000
Median Townhouse Sale Price
$245,000
Median 2 Bedroom Sale Price
$205,000
Median 1 Bedroom Sale Price
$152,500
Average Price Per Sq Ft
$261
Number of Homes for Sale
30
Last 12 months Home Sales
94
Median List Price
$550,000
Median Change From 1st List Price
0%
Median Home Sale Price YoY Change
9%