Why Live in Preston Hollow
Preston Hollow, a neighborhood in Dallas developed in the 1920s, is renowned for its luxury homes and scenic streets. Located about 6 miles north of downtown and 20 minutes from the airport, it offers a convenient central location. The neighborhood features a mix of housing styles, including ranch-style and contemporary homes on the eastern side, and larger lots with Spanish Revival, Brick Colonial Revival, and French Provincial homes on the west. Many properties have mature trees, shrubs, and fences for added privacy, with some even gated. The area is safer than the national average, with a crime score lower than the national average.
Preston Hollow is home to several highly rated private schools, such as St. Mark’s School of Texas, Ursuline Academy of Dallas, and The Episcopal School of Dallas. Public school students can attend John J. Pershing Elementary School, followed by Benjamin Franklin International Exploratory Academy and Hillcrest High School. The neighborhood also includes parks like Preston Hollow Park and Netherland Park, offering walking trails, tennis courts, and softball fields.
Dining options are plentiful, with restaurants serving sushi, Italian, and seafood, and popular spots like Hillstone. For groceries, residents have access to Central Market and Tom Thumb. The Dallas North Tollway runs through the neighborhood, and while public transport is available, most residents use their own vehicles. Nearby points of interest include the Dallas Arboretum and Botanical Garden, Royal Oaks Country Club, and Meadows Museum.
Home Trends in Preston Hollow, TX
On average, homes in Preston Hollow, Dallas sell after 60 days on the market compared to the national average of 70 days. The median sale price for homes in Preston Hollow, Dallas over the last 12 months is $433,000, up 8% from the median home sale price over the previous 12 months.
Median Sale Price
$433,000
Median Single Family Sale Price
$435,000
Median Townhouse Sale Price
$542,500
Median 2 Bedroom Sale Price
$455,000
Median 1 Bedroom Sale Price
$545,000
Average Price Per Sq Ft
$287
Number of Homes for Sale
17
Last 12 months Home Sales
180
Median List Price
$447,000
Median Change From 1st List Price
1%
Median Home Sale Price YoY Change
8%