Preston Hollow and its adjacent neighborhoods are known for their large and leafy lots. Acre and half-acre properties are the norm. Located north of the Park Cities and extending out toward LBJ Freeway, many of these neighborhoods were developed after World War II. Most of the original homes were ranch style. As is often the case in a desirable locale, there has been much rebuilding in the past decade. Large new estate type properties now abound.
Preston Hollow benefits from having some of Dallas' finest private schools in or very near the neighborhood. These include St Marks, a boys' prep academy, Hockaday, the equivalent school for girls, the Catholic private schools Jesuit (boys) and Ursuline (girls) and many others.
The area also abounds in superb shopping. Options include NorthPark Center, the ultimate in Dallas shopping (Neiman Marcus, and Nordstrom, to name a few of the hundreds of stores there). With easy access to the Central Business District, these neighborhoods, with their creeks and country-like lanes, are quite popular.
Pricing in these neighborhoods begins at around $500,000 to "the sky's the limit." Many of the traditional new homes in the area on half-acre lots run $1.5 to $2.5 million.