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    Next Hot Neighborhoods

    5 best Dallas neighborhoods to buy a house right now

    Diana Oates
    Sep 5, 2014 | 1:20 pm

    It's the most pressing question circling the Dallas housing market today: Where should I buy? Some areas, like the Park Cities and Lakewood, will never cool down. But we were curious about the next hot neighborhoods — where the home prices are still affordable, the amenities are plentiful and the values are bound to go up.

    To find out, we asked local real estate experts where homebuyers should invest their hard-earned money. Not surprisingly, we received a lot of the same answers, so we crafted this list of the five best neighborhoods to buy a house right now.

    Caruth Terrace/Hillside
    These neighboring East Dallas 'hoods appeal to young families who want affordable homes inside the loop with public elementary school options. Caruth Terrace kiddos attend Stonewall Jackson Elementary, and Lakewood Elementary serves Hillside.

    Caruth Terrace is bounded by Skillman Street on the west, Abrams Road on the east and Mockingbird Lane on the south. Hillside is bordered by Abrams to the east and Mockingbird to the south. There are fewer teardowns in this area, which gives it a certain charm, especially for fans of ranches built in the 1950s and '60s.

    "Both of these are hot neighborhoods for first-time buyers because of their convenient locations," says Richard Graziano of Allie Beth Allman & Associates. "And both are served by exemplary elementary schools."

    Lakewood Heights
    Of Lakewood Heights' estimated 900 houses, many of the 1930s originals — Tudors, Spanish cottages, Craftsman bungalows — have been renovated to meet modern needs. With price points all over the board, it is easier to settle into this area versus its neighbor, Lakewood proper, which prices out the majority of people looking to buy.

    "Lakewood Heights is definitely having a building boom," Graziano says. "It's an ideal location with proximity to White Rock Lake and Lakewood."

    With Greenville Avenue experiencing a renaissance, Lakewood Heights is moments away from dining and entertainment. Or you can hop on a bike and head to the lake for some quality time in the great outdoors. Plus it's a short commute to downtown.

    "It's exciting to see what is happening as these streets change," says Keller Williams agent Cerissa Lair. "Not to mention the easy commute to downtown and its being walking distance to food and fun."

    Midway Hollow
    Midway Hollow is Preston Hollow's less flashy neighbor, on the west side of Midway Road, just north of Northwest Highway. "Midway Hollow is hot right now," Lair says. "Lot after lot is being swooped up by individuals and builders alike. And prices are rising due to the value in the land."

    The neighborhood was built in the 1950s, which means cozy ranches, many of which have been updated with today's modern conveniences, priced under $300,000. The recent construction boom has brought in new styles, from Mediterranean to Texas modern, at price points from the mid-$700s to close to $1 million.

    Its location to Dallas' most prestigious neighborhoods (Bluffview is just to the south) makes Midway Hollow a good investment. It's also an easy drive to downtown, Dallas Love Field airport, Galleria Dallas and Las Colinas.

    Northwood Hills
    If you want big trees and Richardson schools, then consider Northwood Hills, which is bounded by Belt Line Road on the north, Coit Road on the east, Alpha Road on the south and White Rock Creek on the west. "If you are looking for space, look no further," Lair says. "Here you can find third-acre lots to 1-acre lots in Far North Dallas. There is construction and remodeling happening on every street."

    In addition to ranch-style homes, there are plenty of Cape Cods and teardowns-turned-mansions, if that's your thing. Its homes were considered extremely modern when the neighborhood originally came together in the late 1950s, and this area still has a handful of original dwellers who love their neighborhood for the greenery, variety in architecture and large lots.

    Vickery Place
    The M Streets (Greenland Hills, to be exact) have been hot for a while now, so prices are high, and inventory gets snapped up in a flash. "The M Streets have consistently been in demand because of their historic charm and proximity to downtown and Uptown," says Kenneth Walters of Ebby's Little White House office.

    But just to the south is Vickery Place, which has a lot of history; it celebrated its centennial in 2011. "In this area you are seeing lots of teardowns and lots of building," Lair says. "It is exciting to see the beauty of the M Streets spreading south."

    Vickery Park also boasts one of the largest collections of early 20th century houses — Craftsman, Tudor, Spanish, Colonial Revival and Prairie Style — according to Preservation Dallas, so you also see restored gems alongside new construction.

    Prices are still affordable (in the high $200s) for those who want to take a chance on this centrally located neighborhood with endless possibilities. Plus you are right off the action on Greenville and Henderson avenues, both of which are experiencing a boom of restaurants and retail.

    This new build at 9637 Lakemont Dr. [http: /www.ebby.com/property/33064015/9637-Lakemont-Drive-Dallas-TX-75220], on a corner lot in Midway Hollow, is listed for $735,000.

    9637 Lakemont Dr. in Dallas
      
    Photo via Ebby.com
    This new build at 9637 Lakemont Dr. [https: /www.ebby.com/property/33064015/9637-Lakemont-Drive-Dallas-TX-75220], on a corner lot in Midway Hollow, is listed for $735,000.
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    full steam ahead

    11 Dallas suburbs soar as fastest-growing U.S. cities in last decade

    Amber Heckler
    Apr 16, 2025 | 1:24 pm
    Celina, Dallas suburb
    City Government of Celina, Texas - Facebook
    Celina's population has soared over 300 percent in the last 10 years, according to the report.

    It's no secret that Dallas-Fort Worth's population is growing faster than most other metros in the U.S., but now several surprising Dallas neighbors have been named among the top 10 fastest-growing suburb nationwide over the last decade.

    Celina nearly led the nation with an astonishing 314 percent increase in population from 2014 to 2023, according to a recent growth study by marketplace platform StorageCafe. The far-flung suburb, which is located about 45 miles north of downtown Dallas, ranked No. 2 in the report's rankings of the 100 fastest-growing U.S. cities during the 10-year period.

    The report said Celina was home to more than 27,000 residents in 2023, but now the U.S. Census Bureau estimates the city's population has grown to more than 43,300 people.

    "A mix of diverse housing options, proximity to city amenities, a strong local economy and access to top-rated schools and entertainment have made it one of the most attractive places to settle in the region," the report's author wrote.

    This isn't the first time Celina has entered the spotlight for its exploding population: It was the No. 1 fastest-growing U.S. city in 2023, and recently came out on top of GoBankingRates' new study ranking of the fastest-growing affluent suburbs in America for 2025.

    Four more Dallas-Fort Worth suburbs earned spots among the top 10 fastest-growing U.S. cities from 2014 to 2023: Melissa (No. 3), Princeton (No. 7), Prosper (No. 8), and Fate (No. 9).

    In all, 11 DFW cities earned spots in the report, including:

    • No. 14 – Anna
    • No. 33 – Midlothian
    • No. 43 – Royse City
    • No. 45 – Forney
    • No. 58 – Little Elm
    • No. 72 – Frisco

    Fate, Dallas suburbThe small town of Fate has grown by 172 percent since 2014, StorageCafe says.fatetx.gov/

    "Aside from Frisco, which is already a well-established suburb, the rest are smaller cities — six of which more than doubled in size during this period," the report said. "The remaining cities still saw impressive gains, with population increases exceeding 60 percent. Meanwhile, Dallas proper experienced more modest growth, with a 5 percent increase over the decade."

    The report added that Dallas-Fort Worth's population surge has also led to a high demand for housing. Home prices in Celina stood at nearly $611,000 in November 2024, whereas Melissa's home prices were about $466,000 during that same period.

    For comparison, the national average price of a home is $354,000.

    Only three Dallas suburbs had the most affordable home prices out of the total 11 DFW suburbs on the list: Princeton ($326,299), Royse City ($332,537), and Forney ($323,229).

    StorageCafe says the reasons for population shifts vary greatly, with many people seeking out cities with a more affordable cost of living, or those moving for socioeconomic factors like better employment opportunities.

    "Population growth is far from even across the U.S. Some cities are experiencing significant increases, directly driven by steady in-migration, rising immigration and birth rates outpacing death rates," the report said. "But what’s fueling these trends runs deeper — economic and social forces like shifting job markets, the rise of remote and hybrid work and soaring living costs are all reshaping where people choose to live."

    Other fast-growing Texas cities
    Texas had the greatest number of cities to earn spots in the report's ranking of the 100 fastest-growing U.S. cities over the last decade, with 25 total cities making the cut with the highest growth rates nationwide.

    Austin had five suburbs land on the list: Manor (No. 6), Leander (No. 16), Kyle (No. 53), Hutto (No. 54), and Buda (No. 68).

    San Antonio also had five suburbs make the top 100, including Boerne (No. 63), Selma (No. 74), Fair Oaks Ranch (No. 70), New Braunfels (No. 77), and Canyon Lake (No. 99).

    Houston only had four entries on the list, but Fulshear led the nation as the fastest-growing U.S. city over the last 10 years. The remaining Houston-area cities included in the report were Manvel (No. 24), Katy (No. 82), and Conroe (No. 83).

    The top 10 fastest-growing cities over the last decade are:

    • No. 1 – Fulshear, Texas
    • No. 2 – Woodbridge, Virginia
    • No. 3 – Celina, Texas
    • No. 4 – Davenport, Florida
    • No. 5 – Melissa, Texas
    • No. 6 – Manor, Texas
    • No. 7 – Princeton, Texas
    • No. 8 – Prosper, Texas
    • No. 9 – Fate, Texas
    • No. 10 – Nolensville, Tennessee
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