Dallas, Texas

Preston Hollow

Dallas's most prestigious residential address

Preston Hollow is Dallas's most affluent and prestigious residential neighborhood, known for its sprawling estates, manicured lawns, and tree-lined streets. Located in the heart of the city, it offers a quiet, private residential setting just minutes from downtown, University Park, and the Galleria. The area is home to many of Dallas's most prominent families and professionals.

Population

~8,000

Median Age

~43

Avg. Home Price

~$2,500,000

Crime Level

Very Low

Demographics

Population~8,000
Median Age~43
Median Household Income~$250,000
Housing TypePredominantly luxury single-family homes

Housing & Cost of Living

Average Home Price~$2,500,000
Average Rent~$5,000/month

Waterfront and large-lot properties command premium prices. Inventory is limited and turns over slowly. New luxury developments have expanded options at the edges.

Crime & Safety

Overall Level: Very Low

Preston Hollow is one of the safest neighborhoods in Dallas, with very low violent and property crime rates. The area benefits from private security patrols and a strong residential character.

Schools & Education

ElementaryPreston Hollow Elementary (rated 6/10 on GreatSchools)
Middle SchoolBenjamin Franklin Middle School (rated 6/10)
High SchoolHillcrest High School (rated 5/10)
Overall RatingAbove average for elementary and middle; average for high school

Many families in the area choose private school options including St. Mark's, Hockaday, and Ursuline.

Pros & Cons of Living Here

Pros

  • Prestigious, quiet, and exceptionally well-maintained
  • Central location near downtown, University Park, and Galleria
  • Very low crime and strong sense of privacy
  • Excellent private school options nearby

Cons

  • Very high home prices and cost of entry
  • Limited inventory and slow turnover
  • Fewer walkable dining and shopping options within the neighborhood
  • Some older estates being replaced by new construction

Statistics are approximate estimates based on publicly available sources (US Census data, city records, real estate listings, and GreatSchools ratings) and are provided for general guidance only. Figures may change over time. Verify current data before making housing or relocation decisions.

Dallas TX Directory

The Dallas Business Directory — a living map of the businesses that make Dallas, Texas home. A Business Directory Dallas neighbors trust, built by neighbors, for neighbors — one curated listing at a time. Your Dallas Directory.

List your business

Reach every resident searching Dallas. Free for locally-owned businesses.

Apply to be listed

Dallas, TX · Made under a wide Texas sky

© 2026 Dallas TX Directory — a community directory