Preston Hollow is a neighborhood in Dallas County, Texas – fully inside the city limits of Dallas, sitting about six miles north of downtown. It spans several Preston Hollow, TX zip codes and has that suburban feel without actually being suburban, which is part of what makes it interesting.
The area is known for its large estates and solid access to major Texas employment hubs. Whether you’re drawn to the historic architecture of Old Preston Hollow or looking at newer custom builds, understanding the geographic layout here goes a long way toward explaining why prices are what they are.
Geographic Boundaries and Neighboring Areas
Several major corridors define Preston Hollow’s edges and connect it to the rest of the Metroplex. Northwest Highway (Loop 12) and the LBJ Freeway (Interstate 635) form the primary northern and southern boundaries. The Dallas North Tollway cuts straight through the middle, and Central Expressway (US-75) and Preston Road run through or alongside the community.
Preston Hollow borders some well-known municipalities and Dallas neighborhoods. To the south it meets University Park and touches Highland Park in the Park Cities area. Other neighboring communities include Bluffview, Far North, Freeport/Hackberry, Lake Caroline, Love Field Area, North Dallas, and Northwest Dallas.
Neighborhood Zip Codes
Because Preston Hollow is a neighborhood rather than an independent city, it spans several postal zones. The primary ZIP codes most commonly associated with the area are 75220, 75225, and 75230.
Depending on where you draw the lines, the broader Preston Hollow area can also pull in parts of 75209, 75229, 75234, 75240, and 75244. If you’re searching for homes here, use the neighborhood name or specific street boundaries – relying on ZIP codes alone will get you off track.
Commuting and Transportation Options
Preston Hollow sits at a useful intersection of major highways. The Dallas North Tollway passes directly through the center of the neighborhood, which makes north-south travel about as straightforward as it gets in Dallas.
Getting downtown takes 10 to 15 minutes outside of rush hour via the tollway or US-75. In peak traffic, expect that to stretch to 20 or 25 minutes depending on your route. Not bad for a neighborhood this size.
Airport Access and Public Transit
Dallas Love Field Airport is five miles away – a five to 10-minute drive from most parts of the neighborhood. Love Field is Southwest Airlines’ home base, so it’s genuinely useful. Dallas/Fort Worth International Airport (DFW) is roughly 20 miles out, typically 20 to 25 minutes via tollways and highways.
Dallas Area Rapid Transit (DART) serves the area with bus routes and DART Rail connections through the Red and Orange Lines at nearby stations. The neighborhood also falls within a designated DART GoLink zone, which offers on-demand microtransit for local trips. For anyone commuting to major Dallas employers – AT&T, American Airlines Group, or Texas Instruments, which alone employs over 34,000 people – those transit options are worth knowing about.
The Local Housing Market and Property Types
As of mid-2026, the median home sale price in Preston Hollow sits at approximately $2.41 million. The median days on market is roughly 44, and there’s currently about 4.5 months of housing supply available.
With around 130 active listings and 89 homes sold recently, this is a market that moves at a steady pace and does leave room to negotiate. Homes are selling at about 96.5% of list price on average, though roughly 10% of properties are still closing above asking.
Home Styles and Lot Sizes
The architecture runs a wide range – from modest ranch-style homes to large custom builds and Tudor-style estates. Many of the older mansions were designed by architect Charles Dilbeck in the 1930s and 1940s, and you can still see that influence throughout the older sections.
The part of the neighborhood known as “Old Preston Hollow” is in a different category entirely. Lots there commonly run two to five acres, and over the years architects including Robert Stern, Richard Meier, and Frank Lloyd Wright have designed homes in that specific section.
Frequently Asked Questions
What are the exact street boundaries of Preston Hollow in Dallas?
Preston Hollow is generally framed by Northwest Highway (Loop 12) to the north and the LBJ Freeway (Interstate 635) to the south. The Dallas North Tollway runs through its center, while Central Expressway (US-75) and Preston Road run through or near the neighborhood.
How long is the commute from Preston Hollow to Downtown Dallas and DFW Airport?
Driving downtown takes about 10 to 15 minutes outside of rush hour, or up to 25 minutes in peak traffic. DFW Airport is approximately 20 miles away and typically runs 20 to 25 minutes by car.
Is there a price difference between homes located in ‘Old Preston Hollow’ versus the broader neighborhood?
Yes. Old Preston Hollow generally commands higher prices because of its two to five-acre lots and concentration of large historic estates designed by well-known architects.
How does the location of Preston Hollow compare to nearby Highland Park or University Park?
Preston Hollow sits just north of both University Park and Highland Park. All three are affluent areas, but there’s a structural difference worth knowing: Preston Hollow is a neighborhood within the city of Dallas, while University Park and Highland Park are independent municipalities.
Which major highways and tollways are most accessible when living in Preston Hollow?
The Dallas North Tollway runs directly through the middle of the neighborhood. From there you also have immediate access to Northwest Highway (Loop 12), LBJ Freeway (I-635), and Central Expressway (US-75).
