Back to Results

Tools

Partner Tools


which is a better investment? N Dallas- N. of I-635 or Preston Hollow area?

Profile picture for charlyo
close Profile picture for charlyo

charlyo

Contributions: 2

View full profile

  Flag content
Close
Report a Problem

If you find this content is in violation of our Good Neighbor Policy, please let us know and we will review it.

Close
Content Flagged

We will review this content. Thanks for helping make the site more useful to everyone. To learn more, read Zillow's Good Neighbor Policy.

Close
We're Sorry
This service is temporarily unavailable. Please come back later and try again.

0 Yes

September 12 - Dallas
RSS

Answers (3)

Profile picture for LydiaPlayer
close Profile picture for LydiaPlayer

Lydia Player, "LydiaPlayer"

Dallas

Real Estate Agent

View my 8 listings
Contributions: 465

View full profile

The best investment really depends. Are you looking for raw land? Are you looking for an investment property to lease for a few years? How much do you have to invest and how long are you willing to hold it?
Generallly, the Preston Hollow area is a better location and the land will hold its value and/or increase at a higher rate. That said, areas north of 635 (like Northwood Hills) offer some excellent buys right now with a lot of upside potential.

You need to consider the location within the area as well. Investing in a new construction home on a busy corner (like Preston Road) would not be as good as a fixer-upper on a golf courses north of LBJ.

Values in Preston Hollow vary a great deal and they always have. Many people routinely refer to areas of North Dallas as Preston Hollow when they are not. Lot sizes are a big determining factor in Preston Hollow pricing and you should work with a Realtor who really knows the area. Throw out a few street names and see if the agent knows where they are. This will tell you how well the agent knows the housing inventory in the area.

www.PrestonHollowDirt.com
  Flag content
Close
Report a Problem

If you find this content is in violation of our Good Neighbor Policy, please let us know and we will review it.

Close
Content Flagged

We will review this content. Thanks for helping make the site more useful to everyone. To learn more, read Zillow's Good Neighbor Policy.

Close
We're Sorry
This service is temporarily unavailable. Please come back later and try again.

0 Yes

September 13
Profile picture for Dallas Fort Worth
close Profile picture for Dallas Fort Worth

Naima Sumner, "Dallas Fort Worth"

Real Estate Agent

View my 17 listings
Contributions: 604
Zillow All-Star

Since August 2009

View full profile

Preston Hollow has always been a no brainer for holding value.  Even if the house is a shack, the lot itself would be still worth a lot.

However, you need to have your buyer's agent do a market analysis on each property and determine what the value is.

Naima
  Flag content
Close
Report a Problem

If you find this content is in violation of our Good Neighbor Policy, please let us know and we will review it.

Close
Content Flagged

We will review this content. Thanks for helping make the site more useful to everyone. To learn more, read Zillow's Good Neighbor Policy.

Close
We're Sorry
This service is temporarily unavailable. Please come back later and try again.

0 Yes

September 13
Profile picture for real estate mike
close Profile picture for real estate mike

Michael Russell, "real estate mike"

Real Estate Agent

View my 3 listings
Contributions: 1718
Zillow All-Star

Since May 2009

View full profile

depends on type of property and what $per square foot you can obtain the property at. Also hoa fees can eat up lots of appreciation long term. From my point of view on single families PHollow has many more tear downs and new luxury builds. Best of luck
  Flag content
Close
Report a Problem

If you find this content is in violation of our Good Neighbor Policy, please let us know and we will review it.

Close
Content Flagged

We will review this content. Thanks for helping make the site more useful to everyone. To learn more, read Zillow's Good Neighbor Policy.

Close
We're Sorry
This service is temporarily unavailable. Please come back later and try again.

0 Yes

September 12
 

Have a question? Ask it here.

What's this?
Close

By starting a discussion, you can expect more of an interactive, back-and-forth experience where the conversation can go in many different directions.

Or start a discussion

 
Top Contributors
Stats
Subscribe via RSS
  1. Profile picture for Dallas Fort Worth Naima Sumner
    494 contributions
    20 helpful
    1 best answers
  2. Profile picture for TiffanyBond Tiffany Bond
    2091 contributions
    398 helpful
    0 best answers
  3. Profile picture for robin_morgan Robin Navarro
    47 contributions
    6 helpful
    0 best answers
  4. Profile picture for LydiaPlayer Lydia Player
    45 contributions
    6 helpful
    0 best answers
  5. Profile picture for real estate mike Michael Russell
    1703 contributions
    62 helpful
    0 best answers
Related Questions
Profile picture for Lydia Player
Question which is a better investment? N Dallas- N. of I-635 or Preston Hollow area?
  • Latest answer by Lydia Player
  • September 13
Profile picture for Michael Russell
Question What area of dallas is Buckner Terrace considered to be in? Southeast? Near East?
  • Latest answer by Michael Russell
  • September 12
Zillow Poll:
Suggested by Annette Jonsson
What do you think is the best color for a house exterior?
Next poll
Suggest a poll
Be A Good Neighbor

Zillow® Advice depends on each member to keep it a safe, fun, and positive place. If you see abuse, flag it. More on our Good Neighbor Policy

© 2006-2008 Zillow.com, All Rights Reserved

pageName