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Preston Place is a well-established pocket within University Park, known for its mature trees, walkable blocks, and proximity to some of the area’s most sought-after amenities. This neighborhood offers a quieter, more residential feel compared to some of the busier corridors in University Park, while still providing easy access to the heart of Dallas and the conveniences of the Park Cities.
Residents of Preston Place benefit from a strong sense of community and the classic University Park advantages—zoned to Highland Park ISD, close to Snider Plaza, and just minutes from Southern Methodist University. The neighborhood’s layout and lot sizes distinguish it from some of the denser or more recently redeveloped areas nearby, making it a distinct option for buyers and sellers looking for a particular blend of tradition and convenience.
Location and Surroundings
Preston Place sits in the western section of University Park, bordered by Preston Road to the west and within easy reach of Lovers Lane and Northwest Highway. This location provides quick access to major thoroughfares, making commutes to downtown Dallas or the Dallas North Tollway straightforward. Despite its convenient location, the neighborhood maintains a residential atmosphere with less through-traffic than areas closer to Hillcrest or Central Expressway.
Residents typically rely on Preston Road for shopping and dining, with Snider Plaza and Preston Center both just a short drive away. Walkability is a highlight, especially for those who enjoy morning jogs or evening strolls along tree-lined streets. The neighborhood’s position also means that parks, schools, and local churches are all within a comfortable walking or biking distance.
Homes in Preston Place
Preston Place features a mix of architectural styles, reflecting its evolution over several decades. Many original ranch and traditional two-story homes from the mid-20th century remain, often updated with modern interiors while retaining classic curb appeal. In recent years, new construction and tasteful renovations have introduced larger custom homes, but the area has generally preserved its lower density and generous setbacks compared to some of the more intensely redeveloped blocks in University Park.
Lots in Preston Place tend to be larger than average for the Park Cities, with mature landscaping and established shade trees contributing to the neighborhood’s appeal. Buyers often ask about the balance between original homes and new builds, as well as opportunities for remodeling versus moving into a turnkey property. The neighborhood’s consistent character and well-maintained streetscape are frequently cited as reasons for its enduring popularity.
Daily Life in Preston Place
Life in Preston Place is defined by convenience and a slower pace than some of the busier parts of University Park. Residents enjoy easy access to coffee shops, grocery stores, and fitness studios along Preston Road, while Snider Plaza offers boutique shopping and local dining just minutes away. The neighborhood’s walkability encourages outdoor routines, whether it’s walking the dog or heading to a nearby park.
Highland Park ISD schools serve the area, and it’s common to see students walking or biking to campus in the mornings. Weekend routines often include trips to the University Park Public Library, attending local events at Goar Park, or meeting friends at neighborhood restaurants. The sense of community is strong, with neighbors often gathering for block parties or informal get-togethers, especially during the spring and fall.
Is Preston Place a Good Fit?
Preston Place stands out for buyers who value a traditional neighborhood setting with mature landscaping and a quieter street scene. The area appeals to those seeking a balance between the classic architecture of University Park and the convenience of modern updates. If you prioritize walkability, access to top-rated schools, and a sense of established community, this neighborhood is worth serious consideration.
Sellers in Preston Place benefit from the area’s reputation for stability and its consistent demand among buyers looking for larger lots and a more residential feel. If you’re considering a move, it’s helpful to weigh the neighborhood’s unique characteristics against nearby options like the Fairway or Caruth Hills, which may offer different lot sizes or architectural styles. Ultimately, Preston Place offers a distinctive blend of tradition, location, and livability within University Park.
Homes For Sale in Preston Place
Other Neighborhoods in University Park, Texas
- Caruth Hills
Centered between Lovers Lane and Southwestern Boulevard, this University Park enclave features original cottages beside thoughtfully scaled new homes.
- Compton Heights
Set just north of Lovers Lane and east of Hillcrest Avenue, this intimate enclave features cohesive residential streets and notably low traffic flow.
- Idlewild
Bordered by Lovers Lane and Colgate Avenue near Preston Road, this enclave features distinctive older Dallas homes preserved by long‑term residents.
- Loma Linda
Centered between Lovers Lane and Hillcrest Avenue, this intimate enclave pairs long‑time residents with distinctive, tradition‑rich architecture.
- Methodist University
Bordered by Hillcrest Avenue and directly beside SMU, this eastern University Park enclave immerses residents in campus culture and walkable museums.
- SMU Heights
Bordering the eastern edge of SMU, this area features smaller lots, original cottages, and new builds within steps of Hillcrest shops and campus life.
- University Heights
Set between Lovers Lane and Southwestern Boulevard, this west‑side enclave features classic Park Cities homes alongside tasteful modern builds.
- University Highlands
Bordered by Lovers Lane and near Hillcrest Avenue, this intimate enclave features classic homes with thoughtful updates and enduring charm.
- University Park
Featuring newer construction and a cohesive layout, this western Prosper community sits north of Highway 380, near Coit Road and close to daily essentials.
- Westminster Place
A compact enclave in northern University Park, distinguished by long-term residents, pride of ownership, and a blend of evolving architectural styles.
About Dustin Pitts | Preston Place Real Estate Agent
Dustin Pitts is a Dallas-area real estate agent with extensive experience in Preston Place and University Park. He has helped buyers and sellers navigate the nuances of this neighborhood for over a decade, providing tailored advice based on firsthand knowledge of local trends and property types.
Dustin’s approach is rooted in a deep understanding of what makes Preston Place unique, from its housing stock to its community atmosphere. He offers clients honest guidance, clear communication, and a commitment to making each transaction as smooth and informed as possible.
Contact Dustin Pitts today for expert guidance on buying or selling your home in Preston Place.


