Which Are The Best Neighborhoods In Dallas Texas?

Definition of "Which are the best neighborhoods in Dallas Texas?"

Randi Dickman real estate agent

Written by

Randi Dickmanelite badge icon

RE/MAX First Realty

So, you’re thinking of moving to Dallas TX. We don’t blame you! The city of Dallas has dozens of compelling incentives that might cause you to consider making your home there, from its low crime rates to its thriving housing market and vibrant communities. If you’re thinking of moving here, you’re going to need more information than this, however. 

You’ll probably do your fair share of research, trying to figure out which schools are best, which industries are most lucrative, and which areas have the lowest crime rates. There is one more thing you’ll probably want to know, however, before you make this your long term home: what are the best neighborhoods in Dallas TX? 

Lake Highlands

On the northeastern outskirts of the city of Dallas lies what is unequivocally the nicest neighborhood in the city: Lake Highlands! This beautiful area lays claim to some of the most attractive selling points of any neighborhood in Dallas, with excellent schools, exceptionally low crime rates and a very attractive median home price and property appreciation rate. It’s perfect for homebuyers of all budgets! 

Homes in Lake Highlands vary widely in architectural style, but generally share the common characteristics of those in many other neighborhoods across the state of Texas. Wood frame homes are among the most common in the area, along with brick or concrete block homes. And, with a median home price of just over $200,000, you won’t have to overspend to move here! 

Deep Ellum 

If you’ve got a larger budget and want to be right in the heart of the artistic community of Dallas, Deep Ellum has just what you’re looking for. With a history that goes back decades and includes famous figures such as Blind Lemon Jefferson and Bessie Smith, you won’t have any trouble immersing yourself in the cultural environment of this beautiful neighborhood. 

Moving to this neighborhood will cost you a substantial amount of money unless you find an exceptionally good deal, considering the area’s $899,000 median home price. In spite of (or perhaps because of) its unusually high median home price, homes in the area are exceptionally luxurious and expansive. 

Preston Hollow

For those with even larger budgets, there’s one place that is sure to provide you the distinction and sophistication that you surely want: Preston Hollow! This beautiful neighborhood has a very high median home price, but appreciation rates are high and property values are exceptionally stable. It’s the ideal neighborhood for those who enjoy the finer things in life! 

 

With a staggering $2.1 million median home price, real estate in this area is generally regarded as being among the most expensive and desirable in the city. Homes in this neighborhood are on average more luxurious and opulent than any others you’ll find in the city, with mansions and manors lining each and every street. 

Conclusion 

If you’re thinking of making the city of Dallas your home, you can rest assured that there are plenty of great neighborhoods to choose from. To learn more about these neighborhoods, you’ll want to get in touch with one of the real estate agents in Dallas TX and see what’s on the market. Before you know it, you might be moving into a home that suits your needs perfectly! 

image of a real estate dictionary page

Have a question or comment?

We're here to help.

*** Your email address will remain confidential.
 

 

Popular Real Estate Questions

Popular Real Estate Glossary Terms

The meaning of a guarantee covers a legal and financially-binding agreement signed between three parties involved in real estate or financial transactions. In this document, typically ...

Tax-free exchange that allows a seller two years after escrow closes on his former principal personal residence to buy like-kind property and defer taxes. Profits from the sale of a ...

(1) Cash revenue from product sales or services rendered less cash expenses. It is different from accrual earnings. (2) The money available after deducting operating expenses and mortgage ...

House designed and zoned for one-family use. Other dwellings may be attached to a single family dwelling, but do not share the same plumbing, heating, or electrical system. Single family ...

Word, or group of words, that identifies a business or one of its products. The name is registered with U.S. Patent Office and provides legal protection for an indefinite number of renewals ...

In short, an overage means a surplus or an excess of money. An overage can present itself at a property at an auction where the asset has gone over the asking price. Suppose there’s a ...

Privilege of a real estate investor or lender to participate in the profitability generated from property. This is in addition to any principal, interest, or dividends. ...

Market Analysis in the Real Estate Market is basically research done concerning specific properties in relation to the overall current climate of the real estate industry. A good ...

Giving of a promise or guarantee to the receiver to instill confidence. ...