$482,861Average Value$168Average Price per Sq Ft3Homes For Sale
Texoma peninsula with fisheries, marinas and new development
Nearly a century before the U.S. Army Corp of Engineers built the reservoir that would become Lake Texoma, Preston was a small frontier town on the shores of the Red River. Almost 200 years after the first traders came to the peninsula, the community remains popular for its views of the Red River and Lake Texoma and an abundance of waterfront recreation. Dozens of fisheries, campgrounds and marinas fill in the shoreline, making it a top place to fish, boat and hike. Preston is also gearing up for more growth, with the $6 billion Preston Harbor project slated to start construction in 2024, adding thousands of new homes and an all-inclusive resort. Preston has a CAP Index Crime Score of 2 out of 10, below the national average of 4.
Island View Park
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Fishermen cast their reels in the Striper Capital of the World
Surrounded by Lake Texoma and the Red River, Preston is the ideal place to get out on the water. Island View Park is known for its craggy rock beach, which is an ideal kayak launch point. For any other kind of boating, Highpoint, Lighthouse and Little Mineral marinas have over 1,000 boat slips combined. Visitors can also book a tour with one of the local fishing charters to see how Lake Texoma lives up to its reputation as the “Striper Capital of the World.” “We have every boat that floats, sailboats, yachts and every water sport,” says Tony Kaai, who has lived in Denison for 24 years and serves as the president of Denison Development Alliance. “We have a world-class striper fishery, which is unique because usually they’re saltwater fish, and anyone can catch them.” While North Texas is known for its mild winters, Lake Texoma is prone to ice during the colder months, so prime lake season is between April and November. The lake level tends to peak in May, which is also when the area is most at risk for flooding.
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Cottages and custom cabins line the Preston shore
Preston has a wide variety of housing, serving full-time residents and seasonal visitors. Properties are spread out, with multi-acre lots and thick trees often separating them. Some houses have community amenities like a shared marina or beach access. Bungalows and cottages under 1,500 square feet sell for between $100,000 and $400,000. Custom, multistory cabins can be $200,000 to $500,000 for an inland property and $500,000 to $700,000 for a cabin close to the riverfront. Properties built directly on the water often have private boat slip access, which puts prices between $800,000 and $1.5 million. There will also be many more homes coming to the Preston area in the coming years. According to Kaai, construction for the massive Preston Harbor project will break ground in late 2024 with 7,500 homes surrounding a lakeside Margaritaville resort.
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Boats park at The Island for dinner on the water
The Island on Texoma Harbor Drive is one of the most popular restaurants on Lake Texoma. Boaters can dock at the Highpoint Marina and then grab a cocktail or burger in the main dining room. The restaurant also doubles as a live music venue, with a 12-hour lineup of bands playing during the annual Island Fest in June. Highpoint BBQ is another staple eatery less than 2 miles from the marina, making it easy to get a heaping plate of brisket after a day on the water. Being so close to the Oklahoma border is a big bonus for locals interested in nightlife. Preston is 30 miles from Durant, Oklahoma, the capital of the Choctaw Nation and the home of the sprawling Choctaw Casino and Resort, which has thousands of slot machines and table games. There are no large shopping centers in Preston or the surrounding areas. The closest place to pick up groceries is Texoma Food Mart on Preston Bend Road and Brookshire’s on the Preston Trail Highway in Pottsboro.
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Pottsboro Schools keep class sizes small
Preston is zoned to the Pottsboro Independent School District, which has fewer than 1,500 students across three schools. “Pottsboro is nationally ranked, and you have more opportunities with fewer students,” says Carol Layman, a Sherman local and real estate agent with Better Homes and Gardens Real Estate. “In a bigger school district, 12 kids out of 5,000 can make the basketball team, but here, 12 kids out of 100 can.” Pottsboro Elementary School earns a B-plus score on Niche, while Pottsboro Middle School and Pottsboro High School earn B scores. High schoolers can join various extracurricular activities, from 10 different sports teams to the Cardinal Chronicle, a student-run news broadcast. The closest local college is Grayson College, which is known for its nursing and business programs. The college is in Denison, 17 miles away from Preston.
Pottsboro Middle School
Pottsboro High School
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Preston Bend Road leads to Pottsboro
Local Route 289, also known as Preston Bend Road, runs through the peninsula's center. The road connects to the town of Pottsboro, 10 miles from Preston's highest point. The community is also 18 miles from Denison, 24 miles from Sherman and 88 miles from Dallas. Preston has no public transportation, so locals depend on cars to drive throughout the area’s campgrounds and subdivisions. The neighborhood has one local house of worship, Preston Community Church on Churchill Lane, and in Pottsboro there is Pottsboro Church of Christ and other nearby options. North Texas Regional Airport is the closest municipal airport, 14 miles away, while Dallas Fort Worth International Airport is a nearly 90-mile drive. Texoma Medical Center, the closest large hospital, is 18 miles away in Denison.
GreatSchools:
The GreatSchools Rating helps parents compare schools within a state based on a variety of school quality indicators and provides a helpful picture of how effectively each school serves all of its students. Ratings are on a scale of 1 (below average) to 10 (above average) and can include test scores, college readiness, academic progress, advanced courses, equity, discipline and attendance data. We also advise parents to visit schools, consider other information on school performance and programs, and consider family needs as part of the school selection process.
View GreatSchools Rating Methodology
Interested in learning more about homes in this area?
Reach out to
Clay Gilbert,
an experienced agent in this neighborhood.
Parks in this Area
Island View Park
Preston Bend Park
Crime and Safety
1 - Low Crime, 10 - High Crime
Preston
US
Homicide
2
4
Sexual Assault
1
4
Assault with Weapon
2
4
Robbery
1
4
Burglary
2
4
Motor Vehicle Theft
1
4
Larceny
1
4
Crime Score
2
4
Source: WhatIsMyCrimeRisk.com
Preston Demographics and Home Trends
On average, homes in Preston, Denison sell after 96 days on the market compared to the national average of 70 days. The median sale price for homes in Preston, Denison over the last 12 months is $325,000, down 58% from the median home sale price over the previous 12 months.
This spacious 3,318-square-foot home, built in 2021, offers modern comfort and style with 4 bedrooms, 3 full bathrooms, and a half bath. Designed for versatility and entertaining, it features three living areas, a cozy wood-burning fireplace, a covered patio, and a balcony. The home also includes a three-car garage, and one of the upstairs bedrooms is configured as a second master suite—ideal for
INVESTOR SPECIAL - Perfect for VRBO or Value seeking individual. Charming Custom Two-Story Home – 2 Bed, 1 Bath with 1-Car Garage in Preston Shores, Lake Texoma Built in 2021, this well-crafted home offers modern comfort in a scenic, lakeside community. Perfect for outdoor enthusiasts, it’s located just half a mile from the Preston Shores Boat Ramp—ideal for fishing, boating, and lake
Welcome to 72 Merc Lane – Your Lake Texoma Retreat!Enjoy stunning views of Lake Texoma from most windows and both outdoor decks in this beautifully remodeled and fully furnished lake home. This 2-bedroom, 2-bath property features an open-concept living space with modern finishes throughout, including quartz countertops, soft-close cabinetry, and luxury vinyl plank flooring. The spacious
Now available for lease in Pottsboro, TX—brand new 3-bedroom, 2-bathroom home just minutes from Lake Texoma! This newly constructed 1,500 sq ft home offers modern finishes, a smart split-bedroom layout, and easy access to lake life, shopping, and schools. Inside, you'll find vaulted ceilings and luxury vinyl plank flooring throughout—no carpet! The open-concept living area flows into the spacious
The whole building has been recently remodeled. Stainless steel appliances, Recessed lights, Granite countertops and Central HVAC. Private Parking for each unit with a 10x10 storage shed for additional storage. Neighborhood boat ramp for the lake enthusiasts. Come and take a look at this beautiful property.
This beautifully remodeled 4-bedroom, 2-bathroom home in Pottsboro, TX, offers 1,800 sqft of modern living space that is perfect for families or groups. With a full kitchen featuring a big refrigerator, dishwasher, electric stove, microwave, and even essentials like salt, pepper and baking sheets. Enjoy wood floors throughout, plus a cozy living room with a sofa set and TV. The garage features a
Interested in learning more about homes in this area?
Reach out to
Clay Gilbert,
an experienced agent in this neighborhood.
Average Home Value
Source: Public Records
Property Mix - Square Feet
This Neighborhood Has More Owners
Demographics
Total Population
3,219
Median Age
56
Population Density
1 person/acre
Population under 18
17.2%
Below the national average
23.8%
Population over 65
34.3%
Above the national average
19.1%
Finances
Median Household Income
$54,183
Significantly below the national average
$71,702
Average Household Income
$70,269
Education and Workforce
High School Graduates
96.4%
College Graduates
14%
Below the national average
34.1%
Advanced Degrees
4%
Below the national average
13.3%
% Population in Labor Force
59.5%
Weather
Annual Precipitation
44''
Average Winter Low Temperature
33°F
Average Summer High Temperature
92°F
Annual Snowfall
0''
Area Factors
Somewhat Bikeable
Bike Score®
9/ 100
Car-Dependent
Walk Score®
4/ 100
Source: Walk Score
Source: Walk Score
Sound Score® measures the noise level of any address. Transit Score® measures access to public transit. Bike Score® measures the bikeability of any address.
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. Our sources include: Accuweather, Public Records and Neustar. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
