Why Live in Preston Hollow-Deerfield
Preston Hollow-Deerfield in Plano, TX, is a neighborhood dominated by the expansive Heritage Yards sports park, which features nine ball fields and is a hub for local sports activities. The area is characterized by contemporary homes built in the early 2000s, with large layouts starting around 3,000 square feet. These brick-clad residences often feature stylish hooded entries and mountainous rooflines. The neighborhood is known for its higher-than-average home prices, with most properties ranging between $850,000 and $900,000. Heritage Yards and the nearby 10-mile Legacy Trail offer ample outdoor activities, while Russell Creek Park provides additional green space with sports fields, a pond, and shaded pavilions. Residents have access to a variety of dining and shopping options less than a mile away on Preston Road, including Stonebriar Centre and The Centre at Preston Ridge, which house numerous department and specialty stores, as well as popular restaurants like The Cheesecake Factory and Hutchins BBQ. For grocery needs, Sam’s Club and Walmart Supercenter are conveniently located nearby. The neighborhood is within 5 miles of notable attractions such as The Star, home to the Dallas Cowboys and a venue for local high school events. The Frisco Independent School District serves the area, with highly rated schools including Riddle Elementary, Fowler Middle, and Lebanon Trail High School. The community is pedestrian-friendly with biking infrastructure, though most residents rely on cars for transportation. Major roadways like the Dallas North and Sam Rayburn Tollways provide easy access to downtown Dallas and the Dallas-Fort Worth International Airport, both about 25 miles away.
Frequently Asked Questions
Is Preston Hollow-Deerfield a good place to live?
Preston Hollow-Deerfield is a good place to live. Preston Hollow-Deerfield is considered car-dependent and bikeable with minimal transit options. Preston Hollow-Deerfield has 7 parks for recreational activities. It is somewhat dense in population with 7.0 people per acre and a median age of 41. The average household income is $195,635 which is above the national average. College graduates make up 79.1% of residents. A majority of residents in Preston Hollow-Deerfield are home owners, with 17.8% of residents renting and 82.2% of residents owning their home. A
local real estate agent serving Preston Hollow-Deerfield can help you decide if this neighborhood is the right one for you. Learn more on our
Preston Hollow-Deerfield neighborhood guide.
How much do you need to make to afford a house in Preston Hollow-Deerfield?
The median home price in Preston Hollow-Deerfield is $739,000. If you put a 20% down payment of $147,800 and had a 30-year fixed mortgage with an interest rate of 6.72%, your estimated principal and interest payment would be $3,820 a month plus property taxes, HOA fees, home insurance, PMI, and utilities. Using the 28% rule, you would need to make at least $164K a year to afford the median home price in Preston Hollow-Deerfield. The average household income in Preston Hollow-Deerfield is $196K.
What are the best public schools in Preston Hollow-Deerfield?
The best public schools that serve Preston Hollow-Deerfield are:
What are the best private schools in Preston Hollow-Deerfield?
The best private schools that serve Preston Hollow-Deerfield are:
What are the most popular zip codes in Preston Hollow-Deerfield, Plano, TX?
What are the most popular neighborhoods near Preston Hollow-Deerfield, Plano, TX?
Home Trends in Preston Hollow-Deerfield, TX
On average, homes in Preston Hollow-Deerfield, Plano sell after 95 days on the market compared to the national average of 70 days. The median sale price for homes in Preston Hollow-Deerfield, Plano over the last 12 months is $630,000, up 88% from the median home sale price over the previous 12 months.
Median Sale Price
$630,000
Median Single Family Sale Price
$630,000
Median 2 Bedroom Sale Price
$240,000
Average Price Per Sq Ft
$304
Number of Homes for Sale
3
Last 12 months Home Sales
40
Median List Price
$739,000
Median Change From 1st List Price
8%
Median Home Sale Price YoY Change
88%