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This is the most expensive neighborhood in Texas. The priciest property is listed at $15M

Dalia Faheid
·2 min read
Pexels

Highland Park is the most expensive neighborhood in Texas, according to data collected from Zillow by online lender CashNetUSA.

Homes in the upscale town cost an average of $7,346,538, according to the research. For $15 million, the highest listed Highland Park home on Zillow, you can purchase a six-bedroom, nine-bathroom home.

About Highland Park, TX

Highland Park is located in central Dallas County, around four miles north of downtown Dallas and 37 miles east of downtown Fort Worth. It’s nestled between the Dallas North Tollway and U.S. Route 75. Together with neighboring city University Park, the area is known as Park Cities.

After an Indian battle, a Texas Ranger scouting expedition camped in a spot along “the creek with all the turtles,” in the area that is now known as Highland Park. The area, named Highland Park because it’s elevated 130 feet above downtown Dallas and 20% was reserved for park space. The community was incorporated in 1915 after Dallas chose not to annex it. Dallas later tried to annex Highland Park, but the town had already formed its own government and infrastructure.

The town has a population of 8,895, per U.S. Census data, with Highland Park residents’ median age being 44.6 and median household income at $234,427.

It’s home to Highland Park Village, a high-end shopping mall that offers designer boutiques and fine dining. Highland Park is known for numerous public green spaces throughout the community.

10 Most Expensive Neighborhoods in the U.S.

The 10 most expensive neighborhoods in the country are in Florida, California, New York and Colorado, per CashNetUSA. Here’s a list of them and their average house prices:

  1. Manalapan, Florida: $39,761,000

  2. Palm Island, Florida: $27,624,833

  3. Snowmass, Colorado: $23,568,750

  4. Beverly Hills Gateway, California: $22,771,957

  5. Port Royal, Florida: $22,032,667

  6. Golden Beach, Florida: $18,659,412

  7. Bel Air, California: $18,581,775

  8. SouthHampton Village, New York: $16,719,714

  9. Sagaponack, New York: $16,016,944

  10. Trousdale Estates, California: $15,870,100