Preston Hollow is one of the most established neighborhoods in North Dallas, sitting just north of the Park Cities and a short drive from downtown Dallas. Tree-lined streets, large lots, and a mix of classic and new construction draw buyers who want space without feeling far from major job centers or retail.
Homes for sale in Preston Hollow, TX range from updated ranch-style houses and townhomes to custom estates with gated entries, pools, and generous outdoor living areas. Many buyers focus first on location within the neighborhood—proximity to Preston Road, Northwest Highway, Royal Lane, or the Dallas North Tollway—then compare floor plans, age of construction, and renovation levels.
Gary and Linda Bale help buyers sort through this variety so they can focus on the Preston Hollow homes that match their budget, lifestyle, and long-term plans.
Homes for Sale and Active Listings
New Preston Hollow real estate listings hit the market throughout the week, from condos near Northwest Highway to larger single-family homes closer to Royal Lane and Midway Road. Inventory can shift quickly, especially for updated homes on desirable blocks, so it helps to keep an eye on new and price-adjusted listings.
Browse the latest Preston Hollow homes for sale and narrow by price, size, features, and style here:
Neighborhoods and Property Types
Preston Hollow is not one single look or price point. Old Preston Hollow features some of the area’s most recognizable custom homes, often on larger lots with mature trees, extensive landscaping, and gate access. Buyers considering luxury tx real estate typically include this area in their search.
Elsewhere in Preston Hollow, you’ll find traditional ranch homes from the mid-20th century, many expanded or remodeled with open-concept living areas, updated kitchens, and modernized primary suites. Some buyers purchase these homes for their lot and location, planning a significant renovation or a full rebuild.
Condos and townhomes closer to Northwest Highway and along key corridors offer a different entry point into Preston Hollow real estate. These properties often appeal to buyers who want Preston Hollow’s location without the upkeep that comes with a larger yard.
Throughout the neighborhood, newer construction includes high-end finishes, media rooms, wine storage, and flexible living spaces that can function as offices, fitness rooms, or guest suites. The mix means most buyers can find a home style that fits, whether they prioritize square footage, lot size, or a lock-and-leave living experience.
Market Snapshot
- Median sale price (all home types, Dec 2025): $2,235,000
- Median list price (recent period): $1,250,000
- Median days on market (Dec 2025): 77 days
- Months of supply (recent period): 5.8 months
- Number of homes sold (Dec 2025): 52
- Sale-to-list price ratio (Dec 2025): 95.3%
- Homes sold above list price (Dec 2025): 1.9%
- Market competitiveness score: 44 out of 100 (somewhat competitive)
What the Market Numbers Mean for You
Preston Hollow sits in a higher price bracket than many other Dallas neighborhoods, and recent data shows that values have been climbing. Days on market suggest buyers have time to compare options, but not unlimited room to wait on well-positioned listings.
The sale-to-list numbers point to a market where sellers still hold meaningful leverage, especially on homes that show well and are priced in line with recent comparable sales. Negotiation is possible, but strategy matters—terms, timing, and contingencies can be as important as the purchase price. Well-priced homes move faster than properties that test the market at unrealistic numbers.
Living in Preston Hollow as a Homebuyer
Living in Preston Hollow means quick access to both neighborhood services and regional destinations. Preston Road and Northwest Highway connect residents to Plaza at Preston Center, NorthPark Center, and a range of restaurants from casual to upscale, including options like Hillstone and other well-known local spots.
The Dallas North Tollway, LBJ Freeway (I-635), and US-75 are all within a short drive, which makes commuting to downtown Dallas, the Telecom Corridor, or far North Dallas business centers workable for many buyers. Compared with busier urban districts, the residential streets of Preston Hollow tend to feel quieter once you’re off the main corridors.
Parks, nearby fitness clubs, and walkable pockets around Preston Royal and Preston Forest give residents everyday choices for errands, coffee, and dining without long drives.
Your Local Real Estate Expert
Gary and Linda Bale lead Bale Real Estate Group, a North Dallas-focused team that serves Preston Hollow along with Frisco, Plano, Prosper, Allen, and McKinney. Ranked in the top 1% of North Texas Realtors, they have guided clients through more than $50,000,000 in residential sales and over 70 transactions in the past 36 months.
Gary handles marketing strategy and detailed pricing analysis, studying Preston Hollow real estate trends so buyers understand value by street, condition, and lot. Linda is the primary client-facing agent and negotiation specialist, managing tours, offer strategy, inspections, and contract details from start to finish.
Together, they provide staging insight, contractor and inspector referrals, thoughtful offer structures, and clear communication at each step. Gary and Linda often walk buyers through the trade-offs between older homes and newer custom builds so clients know what to expect on repairs, updates, and long-term costs before they commit.
Schools, Commutes, & Daily Logistics
Most Preston Hollow homes fall within Dallas Independent School District boundaries, with nearby campuses such as Pershing Elementary and Preston Hollow Elementary serving parts of the area. Many residents also consider nearby private school options, including The Hockaday School, Jesuit College Preparatory School of Dallas, St. Mark’s School of Texas, Alcuin School, and The Episcopal School of Dallas.
For commuters, Preston Road, Hillcrest Road, and Midway Road provide north–south access, while Northwest Highway and Royal Lane connect east–west. The Dallas North Tollway and LBJ Freeway are close, making it practical to reach downtown Dallas, Uptown, or the Galleria area.
Daily errands often center around Preston Royal Village, Preston Forest, Plaza at Preston Center, and NorthPark Center, giving residents several nearby choices for groceries, services, and shopping.
Frequently Asked Questions
What types of homes for sale can I expect in Preston Hollow, TX?
Preston Hollow offers a wide range of homes for sale: classic ranch-style properties, newer custom homes with high-end finishes, townhomes, and condos. Larger lots with mature trees are common, especially in Old Preston Hollow. Buyers can choose between move-in-ready homes, partially updated houses, or properties ideal for a full renovation or rebuild.
How competitive is the Preston Hollow real estate market right now?
Preston Hollow is somewhat competitive. Buyers often see fewer options at each price point compared with broader Dallas, especially for updated homes on larger lots. Strong listings can receive multiple offers, while homes that need major work or are priced too high may sit longer, giving buyers more room to negotiate.
How close is Preston Hollow to downtown Dallas and major job centers?
Preston Hollow is roughly six miles north of downtown Dallas. Many commuters use the Dallas North Tollway, US-75, or side routes like Hillcrest and Preston Road, depending on destination. Rush-hour traffic varies, so buyers usually test their route at peak times before finalizing a purchase to confirm drive times feel manageable.
Are there condos or townhomes in Preston Hollow, or mostly single-family homes?
While single-family homes and custom estates make up much of Preston Hollow, there are also condos and townhomes, particularly near Northwest Highway and along key corridors. These options can offer lower maintenance and a different price point while still keeping buyers close to Preston Road shopping, dining, and central Dallas locations.
How can Gary and Linda Bale help me buy a home in Preston Hollow?
Gary and Linda start by clarifying budget, timing, and must-have features, then set up a tailored search for Preston Hollow homes that match. They analyze recent sales by street and condition, flag inspection issues common to the area, structure offers to stay competitive, and guide negotiations, appraisal, and closing so buyers understand each step.
What are the current trends in the Preston Hollow housing market?
The Preston Hollow housing market is dynamic, featuring a range of property types from classic ranches to luxury estates. Understanding current market trends, median prices, and days on market is crucial for both buyers and sellers. You can find more information about the housing market here.
What should I know if I want to sell my home in Preston Hollow?
Selling a home in Preston Hollow requires a strategic approach to pricing, marketing, and negotiation to attract the right buyers. Working with experienced agents who understand the local market can significantly impact your success. Get expert advice on how to sell your home effectively.
