Everything You Need to Know About Living in Preston Hollow

  • Local Resident Realty
  • 05/22/22

If you have been looking into Preston Hollow real estate recently, you may have realized you are not the only person interested in this vibrant neighborhood. This exclusive community in Dallas has long been considered one of the best neighborhoods to live in, and Preston Hollow luxury homes for sale don’t often pop up – especially in the current market.

Residents who already have taken advantage of the Preston Hollow real estate market enjoy easy access to the downtown area via the Dallas North Tollway, a short trip to the airport, and being neighbors with plenty of top-notch residents. Mark Cuban, former president George W. Bush, Ross Perot, and sports stars like Roger Staubach, Daryl Johnson, and Chuck Howley – all former Dallas Cowboys players – call Preston Hollow their home.

It’s no surprise that this beautiful neighborhood has a lot to offer buyers looking for a place to call home, and the Preston Hollow real estate market is better than it ever has been. From dining to shopping, outdoor activities, and so much more; there is something for nearly every family.

Amazing dining

Credit: Jose, Anastacia Quinones-Pittman
 
If you are a foodie looking at Preston Hollow luxury homes for sale, never fear – there are some incredible dining opportunities for you. There are well over 100 restaurants in the area with excellent reviews, many of which are unique and local to the Preston Hollow area. Your options include luxury restaurants with major chefs running the kitchen, such as Anastacia Quinones-Pittman, whose restaurant, Jose, was listed as a semifinalist in 2022 for outstanding hospitality.

Other choices include il Bracco with homemade pasta, and The Mercury, an unassuming restaurant whose chef has cooked with former President Bush and ex-Prime Minister Margaret Thatcher.

Lots of entertainment choices

Credit: Bowl & Barrel
 
For such an exclusive community, the neighborhood of Preston Hollow has a lot of entertainment choices for all age groups. Bowl & Barrel, nestled in the heart of most Preston Hollow real estate hot spots, offers craft beers, cocktails, a full menu, and a fun bowling alley for all ages. Studio Movie Grill is the ultimate movie experience, with a bar in the lobby, reserved seating, plush luxury chairs, and a menu of snacks and food to enjoy before, after, or even during the movie. There are tray tables attached to your seats! The area also boasts a Dave and Busters for the young (or young at heart) in your family, an escape room, and so much more.

Luxury shopping

You don’t have to go far from the Preston Hollow real estate market to find luxury shopping and amazing brands. NorthPark Center is considered one of the top shopping destinations in the state and features stores from brands like Saint Laurent, Balenciaga, and Stuart Weitzman. If you would rather have a smaller, more exclusive shopping experience, consider The Plaza, a boutique shopping mall with intimate stores featuring brands like Sofie Grey and Mal Malouf.

Outdoor living

Much of Texas has the perfect climate to get outside and enjoy nature, and those looking at Preston Hollow real estate should be aware of the many options they have. Northhaven Trail is one of the most popular destinations in Preston Hollow, with over 8 miles of hiking and biking running east to west through the neighborhood.

Preston Hollow Park is also a great choice in the center of the neighborhood. With over 7 acres, it includes picnic tables, a playground for younger children, tennis courts for adults, and several trails to choose from.
 
Credit: Royal Oaks Country Club
 
If relaxing nature trails or park outings aren’t your things, there is another outdoor pastime everyone loves. Close to all of the best areas that have Preston Hollow luxury homes for sale is the Royal Oaks Country Club. The golf course has been there since 1969 and has 18 full, well-maintained holes for a great afternoon. The club also has tennis courts, a pool, and a massive fitness center that covers two stories of the complex, with massages available, a childcare room, and group workouts.

Less competition

A huge benefit to looking at Preston Hollow luxury homes for sale right now is that the market is perfect for buyers. Median house prices at the moment are down over 15% compared to twelve months ago, and the average home stays on the market for just over 50 days before an offer is made. This makes Preston Hollow real estate an ideal choice for luxury home buyers who don’t want to be rushed into decisions.

There are some parts of the country where housing was priced so low before the pandemic that sellers were receiving dozens of offers within 24 hours of putting their house on the market, often sight unseen or without contingencies. This creates a difficult seller’s market.

Luckily, because Preston Hollow luxury homes for sale are so exclusive, buyers have more breathing room to find the perfect house and sellers can find their most ideal offer. Those looking to buy in the Preston Hollow area can view a house and actually consider your options, which is a great benefit most home buyers aren’t in a position to have.

Fantastic schools


A big draw for families looking at Preston Hollow real estate is the school district. Texas schools are not always known for their stellar performance, but Preston Hollow is the exception by far. The School for the Talented and Gifted is considered the #1 best public high school in all of Texas, with the School of Science and Engineering coming in at #3. Excellent schools are one of the many reasons that the Preston Hollow luxury homes for sale are often considered exclusive, with homes continuing to hold value. If you want the best for your child, their ability to get into this school district could considerably alter their future trajectory.

If you’re interested in looking at Preston Hollow real estate and want to learn more about the exclusive community, consider reaching out to one of the trusted agents at Local Resident Realty. These agents have worked with some of the best and most exclusive Preston Hollow luxury homes for sale and can help you decide if moving into the Preston Hollow neighborhood is the right choice for your family.



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