East Dallas includes some of the most desirable residential areas in the city. This guide highlights five neighborhoods where higher-end homes, distinctive architecture, and long-term demand consistently intersect.
Each offers a different type of luxury living, from large estates near White Rock Lake to historic properties on protected streets.
Lakewood
Lakewood sits along the western edge of White Rock Lake and contains a wide range of upscale homes, from updated originals to newer custom construction. Streets near the lake and around Lakewood Elementary tend to see the strongest demand due to location, school zoning, and walkability to retail and dining.
Lot sizes vary, but the highest-end properties typically combine larger lots, mature trees, and proximity to the lake or park system.
This combination of location and consistent buyer interest supports strong resale demand over time.
Greenland Hills (M Streets)
The M Streets area centers around Tudor-style homes built primarily between the 1920s and 1940s, with newer construction appearing on selected lots. Luxury properties here are typically fully renovated originals or custom homes built within conservation district guidelines.
Buyers are drawn to the neighborhood’s proximity to Lower Greenville restaurants and retail while still maintaining a residential setting.
Because redevelopment is regulated, the housing stock remains relatively consistent, which helps stabilize values.
Swiss Avenue
Swiss Avenue contains some of the largest and most architecturally significant historic homes in East Dallas. Many properties were built in the early 1900s and include Prairie, Colonial Revival, and Mediterranean influences.
As a historic district, exterior changes are regulated, preserving architectural integrity and limiting incompatible construction. Homes here appeal to buyers specifically seeking historic properties rather than new construction.
The limited supply of comparable homes contributes to steady long-term demand.
Forest Hills
Forest Hills is known for larger lots, mature landscaping, and proximity to White Rock Lake. Homes range from mid-century ranch properties to expansive custom builds.
Compared to other East Dallas neighborhoods, Forest Hills offers more space between homes and a quieter residential environment while remaining close to central Dallas.
The lot sizes and location support consistent interest among buyers prioritizing privacy and outdoor space.
The Cloisters
The Cloisters is a gated community in East Dallas with custom homes and controlled access. Properties tend to feature larger square footage, attached garages, and more traditional luxury layouts than surrounding neighborhoods.
The neighborhood appeals to buyers seeking a private setting while remaining near Lakewood retail, schools, and major commuting routes.
Limited inventory and controlled development help maintain property value consistency.
Choosing the Right East Dallas Luxury Neighborhood
Each of these neighborhoods offers a different type of luxury living. Some prioritize architectural character, others focus on lot size or proximity to White Rock Lake, and others offer gated privacy.
Matching a buyer’s priorities with the right neighborhood typically matters more than simply choosing the highest price point.
Explore East Dallas Luxury Homes
Browse available homes across East Dallas luxury neighborhoods using targeted searches by area, price range, and property style. Off-market and private exclusive opportunities may also be available depending on current inventory.















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