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Preston Hollow

New construction homes for sale in Preston Hollow, Dallas, TX

62 homes

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Housing market in Preston Hollow, TX

  • State
    Texas
  • Market
    Dallas-Fort Worth Area
  • City
    Dallas
  • Single family
    57
  • Townhouses
    0
  • Multi family
    0
  • Condominiums
    0
  • Active builders
    2
  • Starting price
    $799,000
  • Median price
    $1,972,497.5
  • Price per square foot
    $410.77

Real estate price trends

Home price data reflects 62 listings in Preston Hollow, TX, sourced from Jome and updated regularly

*Based on Jome markets

What it's like to live in Preston Hollow?

Preston Hollow in Dallas is defined by the corridor between the Dallas North Tollway and Hillcrest Road, extending from Northwest Highway north to Royal Lane. The area is characterized by deep, estate-sized lots and a winding street grid. Many blocks lack traditional curbs or sidewalks. Residents utilize the Central Market at the Preston Royal Shopping Center and the 7.2-acre Preston Hollow Park, which sits 0.6 miles from the neighborhood's central intersection. A notable trade-off for the expansive lot sizes is the limited pedestrian infrastructure, as residential blocks prioritize private acreage over public walkways. Because of the sustained demand for modern floor plans on large parcels, there is significant activity for Preston Hollow new construction to replace original mid-century ranch homes.

Frequently Asked Questions (FAQs)

What is the current median sale price for a property in Preston Hollow, TX?

March 2026 data indicates that the median sale price of properties in Preston Hollow, TX, is $1,972,498. Buyers have a wide choice among 57 new construction homes from 2 builders, each offering distinct features and designs.

Who are the major developers of new construction homes in Preston Hollow, TX?

The major players in the new construction home market in Preston Hollow, TX, are developers such as Homebound and Alford Homes. Their expertise is evident in the quality and design of homes across various neighborhoods.

Are there HOAs in Preston Hollow, TX?

Generally, no. Unlike master-planned communities in the northern suburbs, Preston Hollow is comprised of custom homes on individual lots without a mandatory Homeowners Association (HOA). This allows for significant architectural diversity, ranging from mid-century modern ranch homes to French chateaus. However, voluntary neighborhood associations exist to manage security patrols and community beautification, which many residents choose to support.

Why is Preston Hollow, TX area called the "Private School Corridor"?

Preston Hollow is a magnet for families seeking elite private education. The neighborhood is home to or immediately adjacent to some of the top private schools in the nation, including St. Mark’s School of Texas, The Hockaday School, Ursuline Academy, and Jesuit. Living here allows students to attend these institutions with a very short commute, often avoiding the heavy traffic of the Dallas North Tollway during school drop-off times.