Preston Hollow in Dallas, TX | Local Real Estate Guide
Preston Hollow At A Glance
Preston Hollow Homes For Sale
Learn about Preston Hollow real estate market trends and find homes for sale. Search for new homes, open houses, recently sold homes and reduced price real estate in Preston Hollow.
Preston Hollow Real Estate Statistics & Trends
Unveil the latest and up to date market statistics and trends for Preston Hollow: Median Sales Price, Pending Home Sales, Sold Homes and More.
The median sales price is the middle price of all the real estate sales prices in Preston Hollow. The median sales price is the price at which half of the properties sold for more and half sold for less. See how the median sales price in Preston Hollow is trending the last 3 years and how it trends with the average 30 year fixed mortgage interest rate by month.
Is Preston Hollow in a buyer's market or in a seller's market?
Living In Preston Hollow
Preston Hollow is a distinguished and affluent neighborhood located in north Dallas, Texas, known for its expansive estates, lush greenery, and prominent residents. Established in 1939, this prestigious community features around 4,600 single-family homes across over 30 small subdivisions, including Walnut Hill Ridge, Waggoner Place, Sunnybrook Estates, Preston Terrace, and Preston Road Estates. The neighborhood offers a mix of traditional, ranch, contemporary, custom new builds, and modern-style homes, with many original structures being remodeled or replaced by larger, custom-built residences. The average home in Preston Hollow was built around 1990, with typical lot sizes among the largest in Dallas, averaging 1.5 acres, and home sizes around 5,500 square feet.
Bounded by Royal Lane to the north, Midway Lane to the west, Northwest Highway to the south, and Hillcrest Road to the east, Preston Hollow spans four zip codes: 75229, 75230, 75220, and 75225. It is home to approximately 15,000 residents, with about 96% being owner-occupants. This area is home to notable figures such as Mark Cuban, Jerry Jones, George W. Bush, Dirk Nowitzki, Luka Doncic, and Jordan Spieth.
Preston Hollow offers top-notch educational opportunities. The neighborhood is served by the Dallas Independent School District, which includes schools like John J. Pershing, Preston Hollow, Harry C. Wither, Walnut Hill elementary schools, Ben Franklin, E.D. Walker, and Francisco Medrano middle schools, and Thomas Jefferson and W.T. White high schools. Many residents opt for prestigious private institutions, including Hockaday, Ursuline Academy, St. Mark's School of Texas, Episcopal School of Dallas, Greenhill School, and Jesuit.
For recreation, residents enjoy facilities at Preston Hollow Park, a local recreation center, a swimming pool, and the scenic Bachman Lake, making it a walkable neighborhood perfect for jogging, walking dogs, or leisurely strolls. Transportation is convenient with Love Field airport nearby and DFW airport about 30 minutes away, along with major thoroughfares such as Walnut Hill Lane, Midway Road, Marsh Lane, Northwest Highway, and the Dallas North Tollway.
Shopping and dining options are abundant in Preston Hollow, with popular destinations including The Village of Preston Hollow, Preston Center, NorthPark Mall, and the Dallas Galleria. Notable spots feature Central Market grocery store, Fernand's Mexican Cuisine, The Original Pancake House, and Howard Wang's Chinese Food. With its blend of luxury, tranquility, and prime location, Preston Hollow stands out as one of Dallas's most prestigious neighborhoods.
Public Schools in Preston Hollow
The school district for Preston Hollow is Dallas ISD.
Elementary School
John J. Pershing Elementary School
Grades: PK - 5th
View Homes For Sale In John J. Pershing Elementary
Harry C. Withers Elementary School
Grades: PK - 5th
View Homes For Sale In Harry C. Withers Elementary
Middle School
High School
School data is provided by Great Schools. School service boundaries are used for reference only. To verify enrollment availability for a home contact the school directly.
Homes for Sale in Neighborhoods Near Preston Hollow
Preston Hollow Frequently Asked Questions
- How much do homes sell for in Preston Hollow?
- The median sales price for Preston Hollow for the most current month is $1,155,000.
- Is the real estate market in Preston Hollow a buyer's market or seller's market?
- Although the bidding wars of the past couple of years have subsided Preston Hollow is currently in a balanced market.
- How much did the most expensive Preston Hollow home sell for?
- The most expensive Preston Hollow home in Dallas TX sold 4/17/2024 for $15,900,000. This home has 8 bedrooms, 9 bathrooms, 2 half baths and has 15,683 SF.
- How many homes sold in Preston Hollow, Dallas this month?
- There were 14 homes that sold in Preston Hollow this month. We keep track of the real estate statistics and trends and analyze the market every month. To stay updated on this click here.
- How fast do homes sell in Preston Hollow, Dallas?
- Homes in Preston Hollow have slowed down. Currently homes sell in 36 days.
- What architectural style is most prevalent in Preston Hollow?
- The most prevalent architectural style of home in Preston Hollow are Traditional, Custom New Builds, Colonial, Contemporary, Mid Century Modern