Dallas Neighborhood Guide

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.

Other Neighborhoods in North Dallas

Melshire Estates

Explore Preston Hollow

The Top of Dallas

Now known as Ebby Halliday’s Little White House, this place at the corner of Northwest Highway and Preston Road is where the first subdivided lots of what became Preston Hollow were sold. Later it was town hall when the area briefly incorporated as an independent municipality.

Preston Hollow residents take advantage of longstanding neighborhood shopping centers, like Preston-Royal.

Hillcrest is the neighborhood’s public high school, though many families send their kids for a private education, especially convenient because most of the top Dallas private schools are nearby.

Expansive estates impress anyone driving by.

Many of the most expensive homes within Dallas’ city limits are in Preston Hollow.

A good gate around a mansion is as decorative as it is functional.

Around Town in Preston Hollow

Restaurants in Preston Hollow Bars and Clubs in Preston Hollow Shops in Preston Hollow Attractions in Preston Hollow

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The Wildlife of Strait Lane

By Shawn Williams

Read The Story

Preston Hollow News

Population

13,348

Median Owner-Occupied Home Value

$1,050,964

Preston Hollow Demographics

Population

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.

Housing

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.

Crime

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

70%

Avg. Household Size

2.19

Number of Households

6802

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.