$487,406Average Value$234Average Price per Sq Ft37Homes 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
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Crime and Safety
1 - Low Crime, 10 - High Crime
Preston
US
Homicide
2
4
Sexual Assault
1
4
Assault with Weapon
2
4
Robbery
3
4
Burglary
3
4
Motor Vehicle Theft
3
4
Larceny
2
4
Crime Score
3
4
Source: WhatIsMyCrimeRisk.com
Preston Demographics and Home Trends
On average, homes in Preston, Denison sell after 104 days on the market compared to the national average of 55 days. The median sale price for homes in Preston, Denison over the last 12 months is $236,500, down 27% from the median home sale price over the previous 12 months.
Experience comfortable lakeside living in this inviting Lake Texoma residence, perfectly positioned with multiple neighborhood access points to the water and an easily accessed sandy beach just steps from your backyard. Adjacent to Army Corps of Engineers property, the home offers a unique sense of privacy and peacefulness, surrounded by mature shade trees and scenic views. The tree-lined lot
Nestled on 1.4 acres near Lake Texoma, this very well-cared-for 4-bedroom, 2-bath doublewide offers space, comfort, and peaceful country living. Inside, you’ll find an open living layout with two living areas, perfect for relaxing or entertaining. The kitchen features stainless steel appliances and a new dishwasher, making daily living both functional and stylish.The spacious primary suite
Investment Opportunity Near the Lake! Looking for the perfect income-producing property or private getaway spot? This unique property has it all! Featuring a charming tiny home along with 3 full RV hookups and an additional electric&water RV hookup, it’s ready to accommodate multiple guests, tenants, or family members at once. On-site laundry facilities add convenience for longer stays. Located
Just minutes from the water, this fully renovated lake retreat delivers the lifestyle buyers come to Lake Texoma for—easy, relaxed, & ready to enjoy from day one. Whether you’re cruising over to the boat ramp by golf cart, spending afternoons on the sandy shoreline, or unwinding on the covered back porch, this home is designed for effortless lake living. Taken down to the studs & completely
Lake Life Charm in Glen Ellen – Just Steps from Lake Texoma! Set beneath a canopy of mature trees and just across the street from sparkling Lake Texoma, 434 Crescent Drive offers the perfect blend of tranquility, space, and modern updates. This thoughtfully updated home welcomes you with a circle driveway and a 2-car carport, complete with a large shop—perfect for lake toys or storage, offering
This stunning home, just an hour north of Frisco at Lake Texoma, offers a slice of paradise with its remarkable transformation inside and out. Nestled on over half an acre of picturesque land, it feels like your own private resort, with inviting outdoor spaces perfect for gatherings and sandy beaches just a stroll away. Breathtaking lake views can be enjoyed from the backyard, primary bedroom,
Welcome to 455 Panorama Circle – where everyday living feels like a lake retreat. This spacious 4-bedroom, 3-bath, 2,197 sq ft home with a 3-car garage offers the perfect blend of comfort and convenience just minutes from Lake Texoma. Whether you’re looking for a full-time residence or a weekend getaway, this property puts you at the heart of Pottsboro’s lake lifestyle. Step inside and you’ll
Welcome to Hiland Shores—your peaceful Lake Texoma retreat just a short walk from the water and the Hiland Shores boat ramp. Located near Preston Bend Road and Little Mineral Arm in Pottsboro, TX, this charming 3-bedroom, 2-bath home sits on a premium corner lot shaded by mature trees. The property features a covered front porch, carport, fenced backyard, and a storage shed—ideal for outdoor
Welcome to 197 Quail Creek Circle—a versatile corner lot spanning 0.6 acres, ready for your next adventure. This property features existing infrastructure for two RV hookups, including water, electricity, and septic, plus a gravel pad and circle drive for easy access. Whether you’re looking to lease out sites or enjoy your own RV, this location offers flexibility and convenience. The neighborhood
Whimsical Waterfront Cabin with Endless Potential! Nestled deep in the woods and surrounded by nature, this charming rustic cabin offers the perfect escape from the everyday. With a screened-in porch wrapping two sides of the home, it's easy to imagine mornings with coffee and evenings listening to the breeze through the trees. Tucked away off the beaten path, this hidden gem leads directly to a
Do you want a home with a treehouse feel? Discover your own woodland retreat with this 1.058-acre lot nestled among mature trees, adjoining Corps of Engineers land for added privacy and natural beauty. Enjoy the peaceful ambiance of a creek below leading to Lake Texoma. The lot has been recently surveyed, with flags marking the boundaries, and partial clearing reveals its potential. Set back from
Welcome to easy Lake Texoma living in the gated community of Summer Cove in Pottsboro. This beautifully maintained and tastefully updated condo offers a comfortable, low-maintenance lifestyle just minutes from the water, Highport Marina, and Tanglewood Resort. Step inside to a bright and inviting living space featuring vaulted ceilings, a wall of windows that fills the room with natural light,
Charming Lake Retreat at Lake Texoma. Welcome to your perfect weekend getaway or full-time lake home! This well-maintained 2-bedroom, 2-bathroom property is nestled in the friendly VFW community on Lake Texoma, offering a relaxed lifestyle just steps away from the water. Enjoy the comfort of a cozy interior, ideal for simple living or entertaining friends after a day on the lake. The open living
Lake Texoma Views with Marina Access Wake up to water views and spend your evenings watching the sun settle over Lake Texoma. This 2-bedroom, 2-bath home offers 1,056 square feet of comfortable living space just steps from marina access, making it an ideal lake retreat or weekend getaway. The inviting covered front porch sets the tone with warm wood accents and space to unwind. Inside, the layout
Luxury Modern Farmhouse for Lease Near Lake Texoma Unfurnished $2,700, Furnished $3,000, 6–12 Month Terms AvailableExperience refined lake living in this beautifully renovated 2024 modern farmhouse just moments from the sandy shoreline of Lake Texoma.Thoughtfully designed for comfort and function, this spacious home offers 3 bedrooms, 3.5 bathrooms, and two generous living areas, each
FIRST MONTH FREEDuplex for rent. Unit A: $1279 per moth 2BR&2BA. Unit A - Spacious 2BR & 2BA with Garage!Enjoy peaceful living near Lake Texoma in this well-maintained and spacious 2-bedroom, 2-bath duplex unit. With 1,440 sq ft of measured usable space, this home offers a flexible floor plan and multiple living areas perfect for relaxing or entertaining.Inside, you’ll find two living
FIRST MONTH FREE - Duplex for rent. Unit B: $799 per month 1BR&1BA. Unit B - Cozy 1BR & 1BA Duplex Unit Near Lake Texoma – Pottsboro a cozy and efficient 1-bedroom, 1-bath duplex offering a comfortable living space in a desirable location near Lake Texoma.This unit is ideal for someone seeking a low-maintenance home in a quiet Pottsboro setting. The functional layout maximizes space while
Nestled on an oversized creekside lot surrounded by mature trees, this home features a spacious floor plan filled with natural light and includes three bedrooms. A detached garage offers additional space with a built-in workshop, and a separate guest suite or studio is located at the rear of the property. Just minutes from Lake Texoma, this property offers great potential and a serene setting.
Local Logic measures the walkability, access to public transit and bikeability of any address. CAP Index provides objective, accurate, and consistent data to help measure, compare, and mitigate crime risks.
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