North Dallas / Preston Hollow
Steeped in a legacy of architectural grandeur and refined privacy, the enclaves of Preston Hollow and North Dallas represent the pinnacle of sophisticated living. From the storied estates and winding, tree-canopied lanes of Preston Hollow to the modern transformations within Melshire Estates and the secluded mid-century charm of Russwood Acres, this region is a masterclass in ‘city-country’ living. Here, expansive acreages and gated compounds provide a tranquil retreat, yet the heartbeat of Dallas remains just minutes away via the North Dallas Tollway. Residents enjoy a lifestyle of unparalleled convenience, anchored by the city’s prestigious ‘Private School Corridor,’ world-class retail at NorthPark Center, and an elite culinary scene. This is more than just a collection of neighborhoods; it is a community of global leaders and discerning families who value discretion, craftsmanship, and a timeless connection to the best Dallas has to offer.
North Dallas Market Data
Preston Hollow
Known for its grand estates and high-profile residents, this is one of Dallas’s premier luxury markets.
- Median Home Price: Approximately $2,800,000 for single-family estates, though the broader neighborhood (including condos) has a median around $1.7M.
- Market Trend: Prices rose significantly (~33% YoY) in late 2025, driven by limited inventory in the ultra-luxury segment.
- Demographics: * Population: ~13,500 in the core area.
- Median Age: 56.8 years.
- Education: Highly educated; over 80% hold a bachelor’s degree or higher.
- Occupancy: 70% owner-occupied; average residency length is 14.3 years.
Melshire Estates
Located between Preston Road and the Tollway, this neighborhood is increasingly popular for luxury “new-build” replacements of 1950s ranch homes.
- Median Home Price: $2,252,500 (as of Q4 2025).
- Market Trend: Massive year-over-year price growth (+243% YoY) due to a shift from original ranch homes to multi-million dollar new construction.
- Demographics: * Households: Roughly 520 homes.
- Workforce: 52.5% in executive or management roles; high “work-from-home” population (top 4% in the U.S.).
- Unique Stat: Ranked in the top 5% of “retiree-friendly” neighborhoods in Texas due to its quiet, safe environment.
Russwood Acres
A secluded, wealthy enclave known for large lots (often 0.5 to 1+ acres) and mid-century modern architecture.
- Median Home Price: $1,635,492, though recent luxury listings often exceed $2.5M.
- Market Trend: Extremely stable; considered a “wealth fortress” that recovers faster than the city average during downturns.
- Demographics: * Wealth: Wealthier than 99.4% of U.S. neighborhoods.
- Family Structure: 77.7% of residents are married; 0% childhood poverty rate.
- Occupations: 75.2% are in professional or executive occupations.
North Dallas (Broad Region)
This data serves as a baseline for the surrounding area (including 75230, 75248, and 75229).
Market Pace: Homes sell in an average of 48 days, slightly slower than the 2024 pace.
Median Home Price: $890,000.
Market Trend: Down roughly 6.5% YoY as higher interest rates (averaging 6.1% in Dec 2025) cooled mid-range buyer activity.
Schools Near North Dallas
The following schools are within or nearby North Dallas in Dallas, Texas. The rating and statistics can serve as a starting point to make baseline comparisons on the right schools for your family.
Elementary Schools
- PUBLIC George B Dealey Montessori Academy GradesPK – 08 Enrollment 633
- PUBLIC Arthur Kramer Elementary GradesPK – 05Enrollment628
- PUBLIC Math/Science/Technology Magnet GradesKG – 06Enrollment591
- PUBLIC Preston Hollow Elementary GradesPK – 05Enrollment429
- PUBLIC Hamilton Park Pacesetter Magnet GradesPK – 06Enrollment692
- PUBLIC Nathan Adams Elementary GradesPK – 05Enrollment435
- PUBLIC John J Pershing Elementary GradesPK – 05Enrollment460
- PRIVATE Akiba Academy Of Dallas GradesPK – 08Enrollment237
- PRIVATE Alcuin School GradesPK – 12Enrollment382
- PRIVATE Our Redeemer Lutheran School GradesPK – 06Enrollment66
- PRIVATE Akiba Academy Of Dallas GradesPK – 08Enrollment237
- PRIVATE Preston Hollow Prsbytrn School GradesPK – 06Enrollment128
- PRIVATE St Rita School GradesPK – 08Enrollment633
- PRIVATE Coram Deo Academy GradesPK – 08Enrollment102
- PRIVATE Akiba Academy Of Dallas GradesPK – 08Enrollment237
- PRIVATE Preston Hollow Prsbytrn School GradesPK – 06Enrollment128
Middle Schools
- PUBLIC Westwood Math Science Leadership Magnet Grades07 – 08Enrollment669
- PUBLIC D A Hulcy Steam Middle Grades06 – 08Enrollment519
- PUBLIC Benjamin Franklin International Exploratory Academy Grades06 – 08Enrollment1,338
- PUBLIC Ewell D Walker Middle Grades06 – 08Enrollment743
High Schools
- PUBLIC Richardson High School Grades09 – 12Enrollment2,763
- PUBLIC Hillcrest High School Grades09 – 12Enrollment1,371
- PUBLIC Innovation Design Entrepreneurship Academy Grades09 – 12Enrollment286
- PUBLIC W T White High School Grades09 – 12Enrollment2,096
- PRIVATE Mesorah High School For Girls Grades09 – 12Enrollment48
- PRIVATE Yavneh Academy Of Dallas Grades09 – 12Enrollment107
- PRIVATE Yavneh Academy Of Dallas Grades09 – 12Enrollment107
- PRIVATE St Mark’s School Of Texas Grades01 – 12Enrollment876
- PRIVATE Jesuit College Prep School Grades09 – 12Enrollment1,108
- PRIVATE The Winston School Grades01 – 12Enrollment140
- PRIVATE The Covenant School GradesKG – 12Enrollment590
- PRIVATE Fusion Academy – Dallas Grades06 – 12Enrollment62
- PRIVATE Dallas Lutheran School Grades07 – 12Enrollment172