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Preston

Preston

$485,183 Average Value
$252 Average Price per Sq Ft
42 Homes 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.

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Island View Park
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 Middle School
Pottsboro High 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.

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Delaney Murray
Written By
Delaney Murray
Aaron Fisher
Photography Contributed By
Aaron Fisher
Hunter Severtson
Video By
Hunter Severtson

Agents Specializing in this Area

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Schools

Source:
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

Parks in this Area

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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

Neighborhood Facts

Number of Homes
548
Number of Homes for Sale
42
Median Year Built
1984
Months of Supply
18.70
Average Single Family Home Size Sq Ft
1,502
Significantly below the national average
1,932
Average Townhouse Size Sq Ft
2,300
Average 2 Bedroom Size Sq Ft
1,286
Median Lot Size Sq Ft
13,068

Open Houses

  • Sunday, May 24
    1 - 3pm

    154 Vista Ct, Pottsboro, TX 75076

    $899,000

    • 3 Beds
    • 2.5 Baths
    • 3,060 Sq Ft
    • 154 Vista Ct

    Experience elevated lake living at 154 Vista Court in Pottsboro, Texas, where breathtaking views of Lake Texoma take center stage. From the moment you arrive, the expansive wrap-around decks invite you to slow down, soak in the scenery, and enjoy unforgettable sunsets over the water. Situated on a peaceful half-acre lot shaded by mature trees, this home is tucked inside a quiet, gated

    Frank Ventura Easy Life Realty

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Distribution of Home Values

Source: Public Records

Homes for Sale

Homes for Rent

Average Home Value





Source: Public Records

Property Mix - Square Feet

This Neighborhood Has More Owners

Rental Home Trends

Number of Homes for Rent
3
Median Rent
$1,800
Median Single Family Home Rent
$1,825
Median 4 Bedroom Single Family Home Rent
$1,850
Median Condo Rent
$950
Median 2 Bedroom Condo Rent
$950

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
$79,597
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 friendly

Bike Score®

30 / 100

Not friendly

Walk Score®

10 / 100
Source: Local Logic
Sources: Local Logic

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.

Nearby Neighborhoods

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.
NEIGHBORHOOD
Preston