OVERVIEW
Neighborhood Overview
Old Preston Hollow West of Tollway is one of Dallas's most storied and coveted residential enclaves, tucked just west of the Dallas North Tollway in the 75220 zip code. This neighborhood carries the full weight of Preston Hollow's legendary reputation — grand estates, towering mature trees, and streets that feel deliberately removed from the rush of the city. The homes here reflect decades of architectural ambition, from classic traditional brick manors to sleek contemporary rebuilds, and the landscaping alone tells you that the people who live here care deeply about where they plant roots.
LIFESTYLE
Dozens of Upscale Dining, Shopping & Lifestyle Options Nearby
Living in Old Preston Hollow West of Tollway means you're never far from the best Dallas has to offer — and yet the neighborhood itself feels like a private retreat. Preston Royal Village, Inwood Village, and the NorthPark corridor are all within easy reach, giving residents a refined mix of everyday convenience and special-occasion indulgence. Whether you're grabbing a weekday coffee or planning a dinner worth dressing up for, the lifestyle here is genuinely exceptional.
White-Tablecloth to Farm-Fresh, All Within Minutes
Old Preston Hollow West of Tollway puts you within a short drive of Dallas dining royalty. Lovers Lane and the Preston Road corridor offer everything from celebrated steakhouses to modern Italian and Vietnamese-French fusion. Restaurants like Establishment, Bistro 31, and Fachini are local staples that neighbors actually frequent.
Third-Wave Coffee With a Dallas Twist
The coffee scene near Old Preston Hollow West of Tollway punches well above its weight. Local favorites like Cultivar Coffee and Ascension Coffee serve specialty roasts in settings that feel both polished and welcoming. You'll find regulars working laptops alongside neighbors catching up over cortados on any given weekday morning.
Inwood Village, Preston Royal & Beyond
Inwood Village is practically a neighborhood institution for Old Preston Hollow West of Tollway residents — anchored by Trader Joe's but full of independent boutiques, wine shops, and home goods stores. Preston Royal Village adds another layer of curated retail just up the road, and NorthPark Center is never more than a fifteen-minute drive for those bigger shopping excursions.
Culture, Events & Neighborhood Gathering Spots
Old Preston Hollow West of Tollway residents enjoy proximity to the Angelika Film Center, the Dallas Arboretum, and a lively calendar of neighborhood events. The area's park system and private club culture — including nearby Dallas Country Club — add a social dimension that's hard to replicate anywhere else in the city. This is a neighborhood where entertainment is as refined as the homes themselves.
Downtown & Specialty
- Inwood Village
- Preston Royal Village
- NorthPark Center
- Highland Park Village
- Shops at Park Lane
Markets & Local Food
- Trader Joe's – Inwood Village
- Tom Thumb – Preston Road
- Whole Foods – Lovers Lane
- Central Market – Lovers Lane
- Sprouts Farmers Market – NW Highway
Convenience & Retail
- Walgreens – Forest Lane
- CVS – Northwest Highway
- Target – Inwood Road
- Home Depot – Webb Chapel
- Walmart Neighborhood Market – Inwood
OLD PRESTON HOLLOW WEST OF NORTH DALLAS TOLLWAY
By The Numbers
The real estate market in Old Preston Hollow West of Tollway occupies a rarified tier within Dallas. Median home prices hover around $2.1 million, though it's entirely common to see teardown lots trading at $800K–$1.2M and finished new construction or heavily renovated estates pushing well past $4M and $5M. Inventory is historically tight in this neighborhood — when a home comes to market here, serious buyers move quickly, and properties that are priced and presented correctly rarely linger. The land values alone have sustained appreciation even through broader market fluctuations, making this one of the more resilient luxury submarkets in all of North Texas.
For buyers, Old Preston Hollow West of Tollway represents one of the last true opportunities to own in legacy Dallas — the kind of address that holds cultural and financial prestige simultaneously. Builders and developers have been extremely active here over the past decade, which means you'll find a mix of lovingly maintained originals and stunning ground-up new construction. Whether you're buying to live, to build, or to invest in one of Dallas's most durable zip codes, the fundamentals here are as solid as anywhere in the market.
EDUCATION
Schools & Education
Families in Old Preston Hollow West of Tollway are served primarily by Dallas ISD, with several well-regarded campuses in close proximity. The flagship public option for many residents is Walnut Hill Elementary, and older students feed into Thomas Jefferson High School, which has invested significantly in academic and extracurricular programming in recent years. GreatSchools ratings in this part of Dallas ISD vary, and many families in Old Preston Hollow West of Tollway supplement or opt out of the public system entirely in favor of some of the finest private schools in Texas.
Private school options near Old Preston Hollow West of Tollway are genuinely exceptional. The Episcopal School of Dallas, Ursuline Academy, St. Mark's School of Texas, and Parish Episcopal are all within a reasonable drive and represent the gold standard of Dallas private education. These institutions consistently place graduates at elite universities and are deeply woven into the social fabric of the surrounding neighborhood.
Overall, Old Preston Hollow West of Tollway is a neighborhood where educational outcomes are treated as a priority, and the density of high-quality private options within a short drive is one of the quiet selling points that sophisticated buyers consistently mention.
AT A GLANCE
Quick Facts: Old Preston Hollow West of North Dallas Tollway, TX
TRANSPORTATION
Getting Around
Old Preston Hollow West of Tollway earns its name from its relationship with the Dallas North Tollway, which runs along its eastern edge and serves as one of the most important commuter arteries in the entire metroplex. Residents can access the Tollway in under two minutes from most streets in the neighborhood, making downtown Dallas (about 8–10 miles south) a 20-minute drive on a good morning and a 30-minute drive during peak hours. Northwest Highway (Loop 12) forms the neighborhood's southern boundary and provides quick east-west access to Love Field Airport, which is roughly 10–12 minutes away — a major lifestyle perk for frequent travelers.
Like most of North Dallas, Old Preston Hollow West of Tollway is best navigated by car, and nearly every household reflects that reality. That said, the internal street grid is manageable and pleasant, with wide tree-lined roads that make driving feel less like a commute and more like a proper neighborhood experience. DART bus routes serve the broader area, and the Inwood/Love Field DART rail station is accessible for those who want a car-free option into downtown. For most residents, though, the convenience of the Tollway and proximity to Love Field are the transportation story that matters most.
EXPLORE
Explore the Neighborhood
LISTINGS
Homes in Old Preston Hollow West of North Dallas Tollway
$64,000,000
Active
5619 Walnut Hill Lane Dallas, Texas
10 Beds 12.5 Baths 27,092 SqFt 15.687 Acres
$24,999,900
Active
10010 Strait Lane Dallas, Texas
7 Beds 6.5 Baths 16,684 SqFt 2.218 Acres
$15,000,000
Active
5444 Northbrook Drive Dallas, Texas
7 Beds 8.1 Baths 12,589 SqFt 1.621 Acres
$14,997,000
Active
5531 Walnut Hill Lane Dallas, Texas
5 Beds 7.2 Baths 11,997 SqFt 1.935 Acres
$11,500,000
Active
10617 Bridge Hollow Court Dallas, Texas
6 Beds 6.4 Baths 14,653 SqFt 1.442 Acres
$9,950,000
Active
5216 Palomar Lane Dallas, Texas
6 Beds 7.2 Baths 9,446 SqFt 1.13 Acres
FAQ
Frequently Asked Questions
Old Preston Hollow West of Tollway sits specifically on the western side of the Dallas North Tollway, which gives it a slightly more secluded, residential feel compared to sections closer to Preston Road. The lots tend to be larger, the streets feel quieter, and because it's bounded by the Tollway to the east, there's less through-traffic. It's a subtle but real distinction that long-time Dallas residents understand immediately.
You'll find a wide spectrum here. Older original homes can range from 3,000 to 5,000 square feet and may start around $1.5M–$2M depending on condition and lot size. New construction and fully renovated estates regularly hit 6,000–10,000 square feet and are priced from $3M to well above $5M. The land itself carries significant value, and teardown lots frequently trade in the $800K–$1.2M range.
Love Field is approximately 10–12 minutes southeast of Old Preston Hollow West of Tollway via Northwest Highway — it's genuinely one of the neighborhood's most underrated lifestyle benefits. If you travel frequently for business or pleasure, having a major airport that close with Southwest's full network is a serious quality-of-life advantage that residents talk about all the time.
Absolutely — this part of Dallas is surrounded by some of the finest private schools in Texas. The Episcopal School of Dallas, St. Mark's School of Texas, Ursuline Academy, Parish Episcopal, and Greenhill School are all within reasonable driving distance. Many families in this neighborhood prioritize private education, and the cluster of elite options nearby is a consistent draw for relocating families.
Historically, yes — and the fundamentals support continued confidence. Land in this neighborhood is finite and can't be replicated. The combination of location (minutes from downtown, Love Field, and the Tollway), legacy prestige, and consistently high buyer demand has made this one of Dallas's most durable luxury submarkets. Even in softer market cycles, values here have held better than most. If you're buying with a 5–10 year horizon, this is about as safe a bet as Dallas real estate offers.
DISCOVER
