Dallas Neighborhood Guide

Preston Hollow

Dallas > North Dallas > Preston Hollow

Preston Hollow is home to many of the richest people in Dallas—and a certain former president of the United States—but the majority of its streets are lined with modest ranch-style homes. Many residents take advantage of the neighborhood’s close proximity to the top private schools in the city, as well as the plethora of shops found at nearby Preston-Royal, Preston Center, and NorthPark Center.

What the Locals Say About Preston Hollow

Locals Love

Their easy access to the Dallas North Tollway and Northwest Highway to reach the rest of Dallas.

Locals Compain

That on Northwest Highway in particular the traffic increasingly moves along at a speed not much faster than that of a parking lot.

So You Know

“Preston Hollow” often gets used as a term for all of North Dallas south of LBJ Freeway, but traditionally the neighborhood’s boundaries are Midway Road, Northwest Highway, Hillcrest Avenue, and Royal Lane.

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GreatSchools Rating out of 10


The Wildlife of Strait Lane

By Shawn Williams

Read The Story



Median Owner-Occupied Home Value


Preston Hollow Demographics


The 2023 population of Preston Hollow is estimated to be 13,348.

47.4% of residents are male, 52.6% are female. The median age is 56.8.

89.2% of the Preston Hollow population are White, 0.2% are Black, 6.6% are Asian, and 0.4% identify as some other race. 3.9% are of Hispanic heritage.

Among adult residents, 23.3% have earned a master's degree, 11.0% have a professional school degree, 3.5% have a doctorate, and 44.2% have a bachelor’s degree.

The number of households is 6802. The average household size is 2.19.

Income & Employment

The median household income is $169,757.

98% of residents are employed and 2% are unemployed. 5163 are not in the labor force.

The average commute time for workers who live in this area is 21 minutes.


56.9% of Preston Hollow homes are detached, single-family houses. The median owner-occupied home value is $1,050,964

70% of the homes are owner-occupied. The average length of residence among residents in owner-occupied homes is 14.3 years. The average renter has been in the same home 7 years.

The median year the area’s housing units were built is 1979.


Preston Hollow includes portions of these police beats: 524, 556, 652

Throughout those beats from 2017 to 2023, there were:

Aggravated Assaults (non-family violence) 16
Aggravated Assaults (family violence) 34
Business Burglaries 136
Home Burglaries 138
Motor-Vehicle Burglaries 635
Auto Thefts 90
Business Robberies 8
Robberies of Individuals 13
Shoplifting Incidents 125
Murders 0

Preston Hollow Real Estate Snapshot

% Owner-Occupied Housing


Avg. Household Size


Number of Households


Avg. Length of Residency by Owner

14.3 years

Dallas Neighborhoods

Sources: Demographic data pulled from Nielsen SiteReports and represents sampling based on most recent U.S. Census estimates. Crime data provided by local police departments.