PRESTON HOLLOW
Luxury Homes for Sale – Dallas TX Real Estate

Expert guidance from a Dallas luxury real estate agent

Preston Hollow is one of Dallas’ most prestigious neighborhoods, known for its tree-lined streets, large lots, and ultra-luxury estates. Whether you’re searching for a gated home, a newly constructed modern residence, or a timeless traditional estate, Preston Hollow offers an elite collection of luxury properties.

As a longtime Dallas luxury agent, I help buyers and sellers navigate this competitive market with clarity and strategy.

Square footage on the luxury homes in the Preston Hollow area begin at approximately 6,000 square feet with typically five bedrooms and bathrooms.

Preston Hollow is located in the 75220, 75225, 75229 and 75230 zip codes. The neighborhood boundaries are south of Royal Lane, north of Northwest Highway/Loop 12, east of Midway Road and west of Hillcrest Road.

To better understand the real estate landscape here, it helps to look at the four main areas that make up Preston Hollow.

Old Preston Hollow

This is the heart of the neighborhood—an enclave of legacy estates, winding streets, and oversized lots. Many of Dallas’ most well-known residents live here. Properties range from $3M to $20M+ and include both historic homes and modern showpieces. This area falls west of the Dallas North Tollway and north of Walnut Hill Lane.

Preston Hollow East

Located east of the Tollway, this area offers a mix of updated traditional homes and new construction on generous lots. It’s walkable to Central Market and the Preston Royal shopping area. Many homes fall between $1.5M and $4M.

Preston Hollow West

West of Midway Road and south of Royal Lane, this pocket is popular for its quiet, established streets and proximity to private schools. Prices tend to be slightly lower than in Old Preston Hollow but still cater to the luxury market, ranging from $1M to $3.5M.

Preston Hollow North

North of Royal Lane and extending toward Forest Lane, this area includes larger lots, newer builds, and an increasing number of tear-downs being replaced by custom homes. Expect a mix of transitional and contemporary architecture, priced from $2M and up.

Preston Hollow Area Schools

Preston Hollow is zoned for DISD, however many residents choose to send their children to the number of nationally-rated private schools nearby.  The Preston Hollow area is often referred to as the Dallas Private School Corridor.

John J. Pershing Elementary, Preston Hollow Elementary, Walnut Hill Elementary, Harry C. Withers Elementary, Benjamin Franklin Middle School, Edward H. Cary Cary Middle School, Thomas Jefferson High School, W.T. White High School, Hillcrest High School, Ursuline Academy, St. Mark’s School of Texas, Episcopal School of Dallas, St. Monica’s School.

Visit this article for a complete list of nearby top rated Dallas private schools in the Dallas Private School Corridor.

Preston Hollow offers more than just luxury real estate—it delivers a lifestyle that combines privacy, convenience, and access to some of the best amenities Dallas has to offer. Residents enjoy a quiet, estate-style setting that feels removed from the city, while being just minutes from Highland Park Village, NorthPark Center, and Love Field Airport.

Whether you’re walking the Northaven Trail, catching a yoga class at Equinox, or dining along Preston Road at one of the many popular restaurants, the neighborhood offers a refined, low-traffic living experience close to everything.

Within a short drive of Preston Hollow, you’ll find a curated mix of upscale restaurants, boutiques, and neighborhood staples.

• Dining: Neighborhood Services, R+D Kitchen, Il Bracco, José, Sadelle’s
• Shopping: Preston Royal Village, NorthPark Center, Highland Park Village
• Fitness & Recreation: The Nelson Golf & Sports Club, Cooper Fitness Center, Northaven Trail, Equinox Preston Hollow

Preston Hollow remains one of the most stable and prestigious residential markets in Dallas, with consistent demand from local move-up buyers and relocating professionals.

• Typical luxury home size: 6,000–10,000+ square feet
• Price range: $2M to $15M+
• Lot sizes: Often 0.5 to over 1 acre
• Common features: Gated entries, full guest quarters, chef-grade kitchens, custom pools, wine rooms, smart home automation

As a Dallas real estate agent who has worked extensively in Preston Hollow, I understand what drives value in this unique luxury market. Whether you’re relocating, upgrading, or selling a legacy estate, I offer clear guidance, expert pricing insight, and a customized strategy tailored to the Preston Hollow buyer profile.