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    Your Expert Guide

    Old Highland Park: A stunning setting steeped in tradition and excellence

    CultureMap Create
    Nov 20, 2023 | 2:15 pm
    Realtor Ralph Randall

    Agent Ralph Randall.

    Photo courtesy of Briggs Freeman Sotheby's International Realty

    There are so many great places to live in Dallas that it helps to have an expert on your side. The Neighborhood Guide presented by Briggs Freeman Sotheby's International Realty gives you insider access from the agents who live and work there, providing in-the-know info about your possible new community.

    ---

    Esteemed for its storied tradition, head-turning architecture, and tight-knit community, Old Highland Park is a true gem.

    Real estate professional Ralph M. Randall, who specializes in Dallas’ most prized neighborhoods, will be the first to sing its praises. He has worked in this section of Highland Park, located east of Preston Road, for more than 40 years.

    Indeed, the redevelopment of Old Highland Park to meet modern needs — starting in the ’80s — was an integral part of his early career.

    “The architectural timeline from Prairie-style homes to the Spanish Colonial, Georgian, and Tudor revivals of the ’20s and ’30s is beyond fascinating to me,” says Randall, who has long been intrigued by the original installments of Highland Park and it homes.

    He also loves the neighborhood’s dedicated park spaces that are nearly cinematic in nature, including Lakeside Park, Dyckman Park, and Lockart Park.

    “Highland Park is home to a magnificent greenbelt along Hackberry Creek, a tributary of Turtle Creek, which includes parks, tennis courts, and trails,” he says. “The trails were originally made of crushed gravel and served as bridle paths for early residents.”

    In addition to its scenic setting, Old Highland Park is adjacent to fantastic luxury shopping and high-profile eateries in the renowned Highland Park Village. Fashionable Knox Street is right down the road, too.

    Randall adds that the neighborhood played a pivotal role in the founding of Southern Methodist University, which borders its perimeter, and boasts other top-notch schools, including the highly sought-after Armstrong Elementary. The township is also protected by its own police and fire department.

    Randall’s multifaceted neighborhood knowledge and industry experience have contributed to his success as an agent — he has held records for the most expensive residential property sold in Dallas County and the largest sale of land in Highland Park.

    But he also prioritizes the relational aspect of his career and is deeply devoted to his clients and to his decades-long community involvement. He has been on boards or councils for many nonprofits and has supported the Institute of Classical Architecture & Art, Dallas Museum of Art, Dallas Architecture Forum, Dallas Arboretum and Botanical Garden, and the Highland Park Education Foundation.

    His affinity for arts and architecture extends to music, too. “I have a secret desire to conduct a symphony orchestra!” Randall says.

    Randall offered up a few of his personal favorites about life in Old Highland Park. Here’s his guide to the area:

    Where to eat & drink
    Randall recommends Café Pacific, The Honor Bar, and Bistro 31, which are all neighborhood institutions in Highland Park Village. Park House, a private social club, is also there and serves an elevated breakfast, lunch, and dinner menu.

    Nearby on Knox Street, right off the Katy Trail, you’ll find Le Bilboquet, Knox Bistro, and Georgie by Curtis Stone. New on the block are Mr. Charles (in the restored Highland Park Pharmacy), Anchor Sushi, Green Point Seafood & Oyster, and Berkeley’s Market "for an excellent cup of coffee and more!"

    Randall also loves longtime favorites Toulouse and Taverna along with Café Madrid, which has an incredible selection of tapas in a cozy setting.

    Old Highland Park is a stone’s throw from Dallas’ longest running bistro (and Randall's personal favorite), Parigi Restaurant, and it is only three blocks west of Origin Kitchen + Bar, which specializes in sustainable, curated cuisine.

    Where to play
    In addition to those numerous parks and paths, Randall mentions there’s a pool that’s open to HP residents only as well as tennis courts that are situated nearby.

    “A walk along Exall Lake is always delightful, especially at Simons Point, where there are some magnificent displays of architecture like the Crow estate, Muse estate, and Lloyd-Cox-Beal estate,” he adds.

    What to see
    SMU is a major attraction and is home to the Meadows Museum, which has one of the largest collections of Spanish art — including the work of Goya — outside of Spain.

    “SMU football and a pre-game walk down the Boulevard is always a favorite pastime for its alums,” adds Randall, as are lectures and programs at McFarlin Auditorium.

    Where to live
    With its majestic tree-lined streets, Old Highland Park is home to everything from the charming abodes that surround Armstrong Elementary to the impressive estates along Lakeside Drive. Randall advises that lot size is the primary determinant of price, affording what size of home is built in specific areas.

    “The originals of Old Highland Park — like the wildly popular Spanish Colonial and Tudor Revival homes of the ’20s and ‘30s — still dot the architectural landscape as they rapidly approach the 100-year mark,” he adds. “But you’ll also find midcentury moderns built by captains of the technological age; Georgian Revivals of the ’80s designed to complement SMU; and beautiful French eclectic and Italianate homes of recent years.”

    For Randall, one of the most significant properties in the neighborhood is 4800 Preston Road, where he represented the undisclosed land purchase in 2000, a sale that held a land record price for 17 years as one of only five multi-acre parcels in Highland Park.

    “The address features an authentic Palladian-style home, designed by King Charles III’s architect Quinlan Terry, on eight rolling acres and is perfectly situated along the sight lines of Simons Point on Lakeside Park,” he says.

    ---

    Ralph M. Randall lives, works, and plays in Old Highland Park. For more information on buying and selling a home in the area, click here, email rrandall@briggsfreeman.com, or call 214-533-8355.

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    rent report

    Here's how much rent prices have dropped in Dallas-Fort Worth since 2025

    Amber Heckler
    Jun 2, 2026 | 4:45 pm
    Dallas skyscrapers
    Photo by TOM on Unsplash
    Rent prices are on the decline in most DFW cities.

    Rent prices are falling statewide, and prices in certain Dallas-Fort Worth cities have declined by nearly 8 percent since last year, according to a new national rent report from Zumper.

    The Zumper National Rent Report tracked year-over-year and month-over-month rent price changes in 100 U.S. cities for both one- and two-bedroom units using the most recent data available from May 2026.

    Plano had the fourth-steepest rent decrease in Texas, with prices for one-bedroom units dipping 7.5 percent year-over-year to $1,360. Two-bedroom rent has dropped 5.5. percent from last year to $1,900.

    In Dallas, one-bedroom rent prices fell 5.6 percent to $1,350, and two-bedroom rent is down 6.4 percent since last year to $1,900.

    Arlington was the only major Texas city where rent prices increased from May 2025 to May 2026. One-bedroom rent increased nearly 3 percent to $1,090, and two-bedroom rent increased 2.1 percent to $1,480.

    The cost for a single-bedroom apartment in Irving is $1,280, or the same price as it was a year ago, the report found. Two-bedroom units are 3 percent cheaper than they were last year, at $1,610.

    In Fort Worth, respective rent costs for one- and two-bedroom units come out to $1,240 and $1,560.

    Rent prices elsewhere in Texas
    San Antonio saw the steepest drop in rent prices statewide, with one-bedroom rents falling by 10.4 percent to $950. Two-bedroom units have declined 6 percent year-over-year to $1,250.

    These are the rent prices for other Texas cities in May 2026:

    • Austin: $1,420 for one-bedroom units; $1,860 for two-bedroom units
    • El Paso: $810 for one bedroom; $1,130 for two bedrooms
    • Houston: $1,130 for one bedroom; $1,430 for two bedroom

    The report also revealed that four of the 10 U.S. metros offering the most concessions are located in Texas. Austin leads nationally with more than a third of rental units "dangling incentives to fill space," followed by San Antonio, Houston, then Dallas. A separate rent report from real estate data firm CoStar found Dallas-Fort Worth had the fifth highest apartment vacancy rate in the U.S. in March, meaning residents may be able to save on their rent depending on the financial incentives offered by landlords.

    Additionally, these same markets offering generous rent concessions are also among the 10 U.S. metros with the largest population growth, which Zumper says signals ongoing tension between tenants and their landlords regarding prices.

    "So while Texas absorbed a significant share of the 2023-2025 supply wave, inventory still has to lease up before landlords regain pricing power, and the steady inflow of new residents says the demand is there," the report said. "It’s just a question of when supply stops outrunning it."

    From 2023 to 2024, Texas gained nearly 73,000 net new renters, making it the No. 1 magnet for renters nationwide.

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