The city of Dallas, located in northern Texas, is a bustling center of culture and business. The Arts District of Dallas houses two museums, the Dallas Museum of Art and the Crow Collection of Asian Art, which both display works from a variety of eras. Additionally, the Nasher Sculpture Center spotlights modern sculptures. Dallas has many entertainment options and is home to the Dallas Cowboys, Dallas Mavericks and the Dallas Stars. It also is home to over 10 restaurants that were showcased on the hit show Diners Drive-Ins and Dives. Dallas is an amazing city and ranked as one of the best places to live.

The 3 Best Neighborhoods in Dallas, TX

Preston Hollow

Preston Hollow is a neighborhood situated north of Dallas, Texas. If you are looking to be around some of the wealthiest people in Texas, then this is your place.

• Population: 8,054
• Median Home Value: $1,363,114
• Median Rent: $2,219
• Median Household Income: $219,862

One of the great features of the homes in Preston Hollow are the size of the lots. You just can’t beat the spacious layout of the homes.

Preston Hollow is renowned as one of the most affluent locales in Dallas and considered one of the best areas to live in. It offers an array of bars, coffee shops, restaurants and parks. The Central Market is a must see.

The luxurious homes that were built in the 1920s and 1930s, but the majority have been updated with elegance. These streets are lined with majestic old oak trees and have no sidewalks or curbs. This could be the best area to live in Dallas.

View Homes For Sale in Preston Hollow

University Park

University park is located just north of Dallas and is literally called the Beverly Hills of Texas.

• Population: 25,029
• Median Home Value: $1,380,600
• Median Rent: $2,536
• Median Household Income: $247,045

One of the great features of the homes in University Park are the many options between the old style homes and new construction.

Southern Methodist University is the namesake of University Park. McFarlin Auditorium, a grand performance space for concerts and lectures, and the Meadows Museum, with its collection of Spanish art from the 15th century, are both located on the campus. There are sandwich shops, cafes, and fashion boutiques around Snider Plaza, and Caruth Park offers a fishing pond and places for kids to play.

The homes are considered to be located in an Inner Suburb and were constructed by many famous architects and have a wide range of styles to choose from.

View Homes For Sale In University Park

Highland Park

Highland Park is located in the same area as Preston Hollow and University Park, just north of Dallas.

• Population: 8,895
• Median Home Value: $1,541,500
• Median Rent: $2,364
• Median Household Income: $234,427

One of the great features of the homes in Highland Park is literally in its name, the beautiful parks surrounding the neighborhoods.

Highland Park is renowned as an affluent area which seems to grow in affluence constantly, and there are two primary reasons why people are attracted to it: the allure of a small-town vibe, plus the fact that it has some of the best public schools in the state. As an independent municipality, the city benefits from the positive aspects of Dallas and other communities without the same downsides.

Some of the interesting homes in the area were built in the Spanish Colonial Revival style and provide a wide range of beautiful styled homes if that isn’t your cup of tea. Highland Park is ranked as one of the best neighborhoods in Dallas Texas.

View Homes For Sale In Highland Park

Connect With A Dallas Real Estate Agent

Whether you plan on moving due to relocation, job or just looking for better schools any of these 3 neighborhoods would be a great place to live in Dallas. To start interviewing agents take a look at MTX Realty’s Agent Roster to review the top agents in the Dallas area.