Lakewood real estate has been a very very fast growing area of dallas in the past 10 years. As 10 years ago you could go on the M streets all day long and find homes for sale around $50,000. Now those old 1920's tudors are fetching around $350,000 a piece! It is a superb place to live and many young couples with no kids are moving there, as it is close to lower greenville. However, many parts of Lakewood are being lived in by familys are Lakewood boasts a great school system with exceptional parks throughout.