Park Cities Real Estate Information

The Park Cities, Texas, area is a term that is used to refer to two affluent, suburban communities in the Dallas region: Highland Park and University Park. The two towns are both located in Dallas County, and as 2005 estimate placed their combined population at almost 33,000. The two cities, which are surrounded completely by Dallas, have some of the highest per-capita incomes in the north Texas area. Males in the region have a median income of more than $100,000 annually. Because of the high income level, real estate properties in the Park Cities area is often among some of the most expensive in the Dallas region.

Real estate values in the Park Cities exceed averages in the Dallas region. The cities' residents are highly educated, with nearly 83 percent of University Park residents over age 25 with a college degree, and more than 75 percent of residents in Highland Park with college degrees. The two areas are located just about five miles north of downtown Dallas, making commuting into the city for work, school or leisure very convenient.

Most of the children of residents living in the Park Cities attend education institutions within the Highland Park Independent School District, though a portion of those in Highland Park (areas west of Roland Avenue) will be zoned to the Dallas Independent School District. University Park is home to Southern Methodist University, which is where its name is derived.

Attractions in the Highland Park include the Dallas Country Club, the Highland Park Village shopping center, the Highland Park Public Library and the Highland Park Swimming Pool. The city's largest park is the 14-acre Lakeside Park and there are 21 smaller parks and eight tennis courts sprinkled throughout the community. University Park is home to the University Park Public Library, 10 parks, the University Park Swimming Pool & Sprayground and six double tennis courts.