Preston Hollow Homes for Sale
How lot size, renovation activity, and buyer demand are shaping home values in Preston Hollow.
Preston Hollow Market Snapshot
Updated monthly using NTREIS MLS data.
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Updated monthly using NTREIS MLS market data. Metrics reflect recent activity in Preston Hollow
About Preston Hollow
Preston Hollow is one of Dallas’s most prestigious neighborhoods, located in north Dallas and known for its expansive estates, mature trees, and long history of luxury living. Established in 1939, the community has grown into one of the city’s most sought-after residential areas, encompassing more than 30 smaller subdivisions including Sunnybrook Estates, Preston Terrace, Walnut Hill Ridge, Waggoner Place, and Preston Road Estates.
The neighborhood includes roughly 4,600 single-family homes and approximately 15,000 residents, with an owner-occupancy rate near 96 percent. Homes range from classic ranch and traditional estates to modern custom builds and newly constructed luxury residences. Many original homes have been remodeled or replaced over time, creating a blend of historic character and contemporary architecture.
Preston Hollow is defined by some of the largest residential lots in Dallas, averaging about 1.5 acres, with homes typically around 5,500 square feet. Spanning the 75229, 75230, 75220, and 75225 zip codes and generally bordered by Royal Lane, Midway Road, Northwest Highway, and Hillcrest Road, Preston Hollow remains one of Dallas’s most distinguished neighborhoods for buyers seeking space, privacy, and proximity to the city’s top schools, shopping, and business districts.
Living in Preston Hollow
Living in Preston Hollow offers a blend of luxury, privacy, and convenience in one of Dallas’s most established neighborhoods. The area is known for its spacious properties, mature landscaping, and quiet residential streets, creating an atmosphere that feels both exclusive and relaxed while still being close to the heart of the city.
Homes range from classic mid-century ranch houses to sprawling estates and modern custom builds, many set on large lots rarely found elsewhere in Dallas. This variety allows the neighborhood to retain its historic character while continuing to evolve with new construction and architectural updates.
Preston Hollow residents enjoy access to excellent public and private schools. Dallas ISD schools serving the area include Pershing, Preston Hollow, Withers, and Walnut Hill Elementary schools, along with Benjamin Franklin, Walker, and Medrano middle schools and Thomas Jefferson or W.T. White High School. Many families also choose nearby private institutions such as St. Mark’s School of Texas, Ursuline Academy, Hockaday, Greenhill School, Jesuit College Preparatory School, and Episcopal School of Dallas.
Recreation and lifestyle amenities are plentiful, including Preston Hollow Park, Bachman Lake trails, and nearby golf courses. Shopping and dining destinations like Preston Center, The Village of Preston Hollow, NorthPark Center, and the Dallas Galleria provide upscale retail, restaurants, and everyday conveniences.
With its large estates, strong schools, and central location near Love Field, the Dallas North Tollway, and major business corridors, Preston Hollow remains one of Dallas’s most sought-after luxury neighborhoods.
Preston Hollow at a Glance
Housing Snapshot
- Average Home Size: 2,139 sq ft
- Average Year Built: 1979
- Number of Homes: 4,600
- Primary Architectural Syles: Traditional, Mediterranean
- Most expensive home sold: $39,200,000 sold 2/2018
- Owner Occupied: 95%
Demographics Snapshot
- Population: 15,000 (approx)
- Median Household Income: $250,000+
- Median Resident Age: 54 yrs
- College Educated (at least a Bachelor’s): 86%
- Neighborhood Established: 1939
Preston Hollow Neighborhoods
What Today's Market Means in Preston Hollow
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More Homes for Sale Near Preston Hollow
Explore more homes for sale near Preston Hollow, including nearby North Dallas neighborhoods and surrounding luxury communities. These established areas offer a range of lot sizes, architectural styles, and price points, giving buyers and homeowners a broader perspective on the North Dallas real estate market.