Preston Hollow

Welcome to Preston Hollow

Preston Hollow sits in North Dallas, about six miles north of downtown, between the Park Cities to the south and LBJ Freeway (I-635) to the north. The boundaries are loosely drawn: Northwest Highway on the south, Royal Lane on the north, Hillcrest Road on the east, and Midway Road to Marsh Lane on the west, spanning the 75220, 75225, 75229, and 75230 zip codes. The housing is mostly single-family on large, wooded lots, from 1940s Charles Dilbeck ranches to Mediterranean and sleek modern estates. Prices run wide, from around $400,000 for a smaller original home to $12 million and up for the estate section. The honest trade-off: it's spread out and car-dependent, with no walkable core the way Uptown or Deep Ellum has one.

Preston Hollow is served by Dallas ISD, not Highland Park ISD (that's the neighboring Park Cities, a common mix-up). Because the area is large, the feeder pattern changes by section:

• Elementary: Preston Hollow Elementary and John J. Pershing (central/east) · Walnut Hill International Leadership Academy (west) · Harry C. Withers (northwest)
• Middle: Benjamin Franklin (Preston Hollow / Pershing) · Medrano (Walnut Hill) · E.D. Walker (Withers)
• High: Hillcrest (Preston Hollow / Pershing) · Thomas Jefferson (Walnut Hill) · W.T. White (Withers)

Public green space is limited here by design, since most of the green is private yards and estate grounds. The main public park is Preston Hollow Park (6600 Park Lane), a 7.2-acre neighborhood park from 1947 with a playground, tennis court, softball field, and short trails. The bigger draw for walkers and cyclists is the Northaven Trail, a 9.3-mile paved path across North Dallas with an access point at Preston Road near Northaven United Methodist Church. A pedestrian bridge over Central Expressway opened in December 2023, connecting it to the White Rock Creek and SoPac trail systems. Fretz Park and its recreation center sit just to the north.

Preston Hollow is residential first, so it's light on festivals. The recurring anchor is Saint Michael's Farmers Market, held Saturday mornings from spring into fall at Saint Michael and All Angels Episcopal Church (4344 Colgate Ave) on the neighborhood's southern edge by Preston Center. On the east side, the Boho Market brings curated vendors to Preston Hollow Village through the warm-season calendar. Beyond that, neighborhood life runs through the homeowners associations, like Preston Hollow East, which host their own events, patrols, and newsletters.

Daily life orbits a few shopping centers. Preston Royal Village, at Preston and Royal, has Central Market, restaurants, and local shops, rebuilt after the 2019 tornado. Preston Forest, a block north, is anchored by Whole Foods and has added spots like Pizzana. Preston Center sits just south, and NorthPark Center, one of the top malls in the country, is a short drive southeast. This is everyday upscale retail, not nightlife.

Settlers took land grants across this blackland prairie starting in the 1850s. The neighborhood as we know it began in 1924, when real estate developer Ira P. DeLoache bought a 56-acre farm and carved out the first lots. Through the 1930s, DeLoache and Al Joyce built it out, and architect Charles Dilbeck designed many of the ranch and Norman-style homes still standing today. Preston Hollow incorporated as its own town in 1939, with DeLoache's real estate office doubling as town hall, then voted to join the city of Dallas in 1945. It grew into one of the city's wealthiest addresses, home over the years to George W. Bush, Ross Perot, Mark Cuban, and T. Boone Pickens. In October 2019, an EF-3 tornado tore east through the neighborhood, destroying a fire station and battering the Preston Royal center, since rebuilt.

Preston Hollow fits buyers who want space, privacy, mature trees, and a central Dallas address, and who don't mind driving for everything. The single biggest thing to understand: the block matters more than the zip. "Old Preston Hollow," the estate section east of Preston around Strait Lane and DeLoache, is a different market from the smaller original ranches on the west side, and the Dallas ISD feeder pattern shifts street to street. Pull the exact attendance zone, and check a home's storm and insurance history, before you fall for it.

• Dallas ISD School Finder (confirm your address's assigned campuses): https://www.dallasisd.org/departments/demographic-studies/find-your-school
• Preston Hollow East Homeowners Association: https://pheha.org/
• Northaven Trail: https://northaventrail.org/
• Preston Hollow Park (City of Dallas): https://www.dallasparks.org/facilities/facility/details/Preston-Hollow-Park-628