Top Dallas Areas for Buying a Home

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Real Estate Agent with Knox & Associates Real Estate 0556891

top dallas areas for buying a home

We are continuing our series of articles about the best areas in which to purchase homes in respective cities.  Like our last article "Best neighborhoods and subdivisions in Frisco Texas," we now address the question we often hear - what are the best neighborhoods in Dallas TX?

If you're a local looking for a new house in Dallas or if you are Moving to Dallas, we hope you will find this article helpful.

The Top Dallas TX Neighborhoods:

Like the article on the Frisco Texas neighborhoods, our Realtors produced a list of what we feel are the best neighborhoods in Dallas in which to purchase a house.  The list is as follows and is in no particular order:

Bent Tree

The Bent Tree neighborhood is in coveted north Dallas and a section of the neighborhood feeds into Plano ISD.  The homes can price over $1,000,000 and some of the most expensive properties within the area have golf course lots and views of Bent Tree Country Club.  The area is also very close to the Shops at Willow Bend and Stonebriar Mall in Frisco.  Easy access to the Bent Tree neighborhood from the North Dallas Tollway make this neighborhood a winner.  We scored the overall desirability of Bent Tree as a 9/10.  You can learn more here about homes for sale in Bent Tree Dallas.

Bluffview

Exclusive, scenic, wooded, well-landscaped and mature are words which may be used to describe Bluffview.  Part of the greater area of homes & real estate in Northwest Dallas, the homes for sale in Dallas Bluffview are anything but cheap.  Luxury homes in the area can range in price to a high of $10,000,000 plus.  At the time of this article, Bluffview has almost 50 listings over the $1,000,000 mark.  Yeah, again, it ain't cheap.  The drawback is that the area is located in the Dallas ISD zoning.  However, the area is also home to many of the best private schools in the City of Dallas.  Our Realtors score Bluffview as a 9.6/10.

Caruth Hills

Technically within the City of Dallas but with the homes zoned to the Highland Park ISD, this neighborhood is another exlcusvie one with homes priced well over $1,000,000.  The homes for sale in Caruth Hills in Dallas offer residents excellent access to Downtown Dallas, Central Expressway, SMU and lower Greenville Avenue.  Caruth Hills homes earn a score of 10/10.

Devonshire

A small pocket area in Dallas off of Inwood Road and south of Northwest Highway, this is a popular little area for those buyers still wanting the charm of bungalow homes and homes built as far back as the 1950's.  Many of the homes still maintain a lot of the original architecture of their original builds.

Devonshire is also an area where buyers can find new construction homes being built in the neighborhood with mature trees and excellent landscaping.  Most owners of the homes for sale in Devonshire Dallas are very proud of their properties and it shows with well-maintained yards, clean streets and a friendly neighborhood attitude.

Devonshire scores an 8.6/10.

Downtown Dallas

Downtown Dallas homes are unique because almost all properties will be condos for sale in Downtown Dallas Texas.  In addition to condos, and along the same styles of living, buyers will find a healthy selection of loft style condos.  The lofts for sale in Dallas will mainly be concentrated within the Downtown Dallas area.

Those buyers wanting homes in Downtown will find some cool amenities and features other areas of the city just are not able to provide.  One will be access to Klyde Warren Park, condos for sale in the Dallas Arts District, quick walking distance to the commercial buildings of Downtown and more.

Downtown Dallas homes scored a 7/10, mainly because the area is zoned to the Dallas Independent School District and is a bit far to the best private schools.

Forest Hills

Forest Hills and Lakewood are the two major players of "luxury communities" around and near White Rock Lake.  The homes for sale in Dallas Forest Hills date back as far as the 1950's but also allow buyers to find new construction properties on generous lot sizes.

Easy access to White Rock Lake is a huge drawing point for the Forest Hills neighborhood with residents actually able to quickly bike or walk to the paths and trails around the lake.

While zoned to the Dallas Independent School District, some of the better DISD schools are assigned to homes in Forest Hills.  Overall Forest Hills scored a 7.6/10.

Kessler Park

Old school and some of Dallas' most original neighborhoods, buyers will find the homes for sale in Dallas Kessler Park to have some of the best architectural features of any of the homes in the city.  Buyers can find modern and contemporary homes in Dallas, new construction homes, along with ranch style homes, even Craftsman style homes and Tudor style homes.

Yes, the area is quite an eclectic mix of architecture.  Within Kessler Park, residents enjoy easy access to Interstate 30, downtown Dallas, the Trinity River and Stevens Park Golf Course.  

Kessler Park scores an overall solid 7/10.

Lake Highlands

Originally constructed in the 1950's and 1960's as part of the area around White Rock Lake, Lake Highlands has expanded to just south of 635 and just east of 75 (North Central Expressway).

Lake Highlands enjoys the zoning of Richardson ISD Schools and the homes for sale in Lake Highlands generally price higher per square foot because of the Richardson ISD zoning than, say, areas near Lake Highlands which are zoned to Dallas ISD.

Lake Highlands is almost like its own small town with the high school serving as a common interest of most residents.  

In the 1970's and 1980's Lake Highlands experienced a large boom in the building of homes and became very popular as one of the "farther areas" of Dallas away from Downtown.  As the metroplex continued to grow, Lake Highlands soon found itself popular because of the opposite, it is now considered a great subdivision which allows residents to be closer to downtown.

Nowdays, homes for sale in Lake Highlands price up to $1,000,000 but buyers may still find homes as low in price as the high $200,000's.  One of the more popular areas of Lake Highlands are the Dallas L Streets homes for sale.  The L Streets homes are the older homes in the area and still have that 1950's and 1960's original charm.

Because of the schools and the small town atmosphere, Lake Highlands scores a solid 8.66/10.

Lakewood

Lakewood... called Lakewood because of the close proximity to White Rock Lake.  Lakewood is west of White Rock Lake in the 75214 zip code.  The homes for sale in Dallas Lakewood have always been popular due to its location near to both White Rock Lake and Downtown Dallas.

While zoned to the Dallas ISD isn't a favorite among local school districts, Lakewood is zoned to some of the better schools within the district.

Prices on the homes in Lakewood run from approximately $225,000 for small condos to over $15,000,000 for lakefront estates on White Rock Lake.

Lakewood scores a nice 8.33/10 from our Realtors.

M Streets

Very few areas of Dallas are as well-known or as coveted as the famous "M Streets."  The M Streets are hip, chic, trendy and very popular!  Residents are within walking distance to some of the best bars and restaurants on Lower Greenville Avenue, within a mile or so of SMU, within a few miles to Downtown Dallas and Love Field Airport.

The architecture on homes for sale on the M Streets in Dallas is some of the city's best.  Homes date as far back as the 1920's with awesome Craftsman and Tudor style homes lining every street within the area.  Even the new construction homes have been built to mirror the original architectural styles of the original area.

Being that the M Streets are simply one of Dallas' best areas, our Realtors score it at 8.66/10.

Oak Lawn

Also trendy, chic and hip, Oak Lawn residents love good nightlife and parties.  The homes for sale in Dallas Oak Lawn vary from small condos and townhomes to older homes with Craftsman, Tudor and even Victorian styles.

There are some very cool nightlife spots, restaurants and bars within the area.

Oak Lawn is also home to some smaller pocket areas like Turtle Creek, Victory Park and Uptown.

Our Realtors score Oak Lawn at a 7.33/10.

Preston Hollow

Preston Hollow rivals homes for sale in Dallas Park Cities (University Park & Highland Park) as some of the most expensive real estate in Dallas.  Preston Hollow is and has been home to some of Dallas' most famous citizens.

Preston Hollow is home to the Crespi Hicks Estate which was recently listed for $100,000,000 - yes, $100 million dollars.

If a buyer wants to look at homes for sale in Dallas Preston Hollow, they better be prepared to spend some cash.  The average list price on homes in Preston Hollow is around $1,700,000.

Most residents send their children to private schools as the area is zoned to the Dallas Independent School District.

With this kind of money, prestige and local famous residents, we give Preston Hollow an 8.66/10.

SMU

The area around SMU is unique.  There is what we'd call a "bubble" of condos and small apartments located within walking distance of the campus which are bought and sold every few years and mainly inhabited by SMU students.  Each year, parents will purchase the condos around campus for their children.

The great thing about this area...it is zoned to the Highland Park ISD which makes these SMU condos for sale in Dallas not only attractive to students but also to those people wanting their children to live in an affordable area with Highland Park schools.

Because the area is stocked with both students and others, have a high desirability, are affordable for the Park Cities and give school aged children access to HP schools, our Realtors give the SMU area a perfect 10/10. 

Uptown

A unique situation and neighborhood since Uptown is wildly popular now but wasn't even really developed until about 2000.  Now, Uptown is thriving with upscale hotels and living like the Residences and condos for sale at the Ritz Carlton in Dallas.

The condos for sale in Dallas Uptown have a little bit of everything for buyers.  Starting in the low $200,000's and ranging to expensive pricing of over $1,000,000, buyers can find something to suit everyone's budgets and tastes.

Our Realtors give Uptown a solid 8/10.

Victory Park

Home to condos at the W Residences, The House condos, Terrace condos and several other rental apartments, Victory Park is within steps of the American Airlines Center.  The condos for sale in Victory Park range in price from a low of around $300,000 to over $5,000,000 for penthouse units in the most expensive building - usually the W Residences.  

Victory Park has excellent access to entertainment, sporting events and concerts at the American Airlines Center in addition to a Dart Rail train station. 

Located just on the outskirts of Downtown Dallas, many people who work in Downtown love living in Victory Park.  Victory Park is part of the larger area and neighborhood of Oak Lawn. 

Because of the direct access to top entertainment, sporting events and concerts, our Realtors give Victory Park a score of 7.66/10.

White Rock Lake

Dallas' only lake with water activities, many residents love both living near the lake and the fact that the location of the homes for sale near White Rock Lake in Dallas also offer easy commutes to Dallas Love Field Airport, Downtown, Lake Highlands and SMU.

White Rock Lake homes have steadily become more popular over the past several decades because of the additions of jogging and biking trails and the fact that the homes in the area mostly contain their original charm from their builds in the 1960's.  

Although zoned to the Dallas ISD, the local schools are some of the better schools in DISD which makes the area an attractive option for those who enjoy living life outdoors.

Because of the factors above, we give the White Rock Lake neighborhood a solid 7.66/10.

Final Thoughts

So, how did we do?  Do you agree with our choices of the most popular and best neighborhoods for which to purchase a home in Dallas?

Let us know your thoughts and feel free to give us suggestions about what should be added to a possible "Part 2" of the best neighborhoods in Dallas Texas.

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