$329,550Average Value$241Average Price per Sq Ft6Homes For Sale
Centralized location with DART and nearby amenities
In proximity to good schools, great restaurants and a lake-filled neighborhood park, Park Terrace is a solid option for potential home buyers in the Dallas-Fort Worth metroplex. "Homes here are going to be much more affordable," says local Realtor Shaune Corbett of eXp Realty LLC, who lives in North Dallas and runs a YouTube channel dedicated to real estate. "It's a pocket community as well." Just north of downtown Carrollton and its variety of local businesses, the neighborhood is also home to a library and the upcoming Silver Line with the Dallas Rapid Area Transit that bisects Interstate 35E, which acts as the western border for Park Terrace. "It's not immediately on a highway, so there's not a lot of through traffic," Corbett says.
Park Terrace's peaceful streets and neighborly spirit create a truly nice community.
The proximity of I-35 makes traveling from Park Terrace a breeze for drivers.
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Primarily ranch-style and cottages mixed with some New Traditional
Home prices in the community are lower than compared to the rest of the Dallas-Fort Worth metroplex. Homes in Park Terrace tend to be older, highlighted by ranch-style and cottages constructed between the 1950s and 1970s. Prices can range between $200,000 to $410,000. Trees fill the area, and sidewalks line most of the grid-like streets. There are some backyard pools as well. There is little street parking, with most homes having attached garages. There is a small section featuring newer builds with Craftsman-style New Traditional architecture. These homes tend to be higher in price, beginning at around $340,000 for a single-story built in 1995 and reaching $600,000 for a two-story built in 2020. There are a few homeowners associations within these newer subdivisions. Many have bright exteriors and wooden trim, sitting close together on smaller lots. These newer homes usually have a single tree planted in front.
Ranch-style homes in Park Terrace offer single-story living with open floor plans.
Park Terrace’s Craftsman and brick homes create a mix of charm and durability.
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Good Elementary School and high school with architecture classes
Park Terrace is part of the Carrollton-Farmers Branch Independent School District. Students can begin at R.E. Good Elementary, which is graded a B-minus from Niche and is located just north of the neighborhood. DeWitt Perry Middle School receives a B and has a student-teacher ratio of 12-to-1. Newman Smith High School also earns a B from Niche and offers a variety of programs to students, including architecture and construction; business, marketing and finance; manufacturing and yearbook. The high school also has 14 sports, included combined cheerleading and wrestling.
Many Park Terrace locals decide on Good Elementary School for their children.
Many students in Park Terrace attend Newman Smith High School.
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New DART Silver Line station being built
Interstate 35E acts as the western border of Park Terrace. The interstate stretches north-south across the United States. The Dallas Area Rapid Transit (DART) is building a new rail line through Carrollton, with the Silver Line expected to be completed in late 2025 or early 2026. The Silver Line will cross through seven cities in total and has a planned connection to the Dallas Fort Worth International Airport, about 12 miles west. DART also operates a bus route on Josey Lane, to the east of Park Terrace. "Most people have cars where we live," says Corbett. "People are expected to drive everywhere."
Park Terrace
Park Terrace
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Athletic and aquatic complexes with nearby Maridoe Golf Club
Living up to its name, the Josey Ranch Athletic Complex is home to several athletic fields, including seven baseball fields, two soccer fields and a fishing pond. In the park's north end sits the Carrollton Public Library at Josey Ranch Lake and the Carrollton Senior Center. The W.J. Thomas Park, Aquatic Complex and Sports Field has a splash pad with 12 different water elements. Green space surrounds a playground and tennis courts, along with a futsal court (a sport similar to soccer but in a smaller setting). The Maridoe Golf Club is a private 18-hole course to the east of the neighborhood; while it was first opened in 1952 under a different name, the course was renovated in 2017 and renamed to its current one.
Park Terrace is just a short drive from the exciting Josey Ranch Sports Complex.
Park Terrace residents enjoy the exclusive feel of Maridoe Golf Club's tranquil setting.
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Brewery in converted grain shed and French desserts in downtown Carrollton
Downtown Carrollton, half a mile south of the neighborhood, is filled with locally owned businesses. 3 Nations sits within a converted grain shed and has signature IPAs, a dog-friendly patio seating and weekly trivia nights. The brewery has also won several local awards within Carrollton and the overall Dallas-Fort Worth metroplex. Everything Madeleine is a French dessert store with otter decorations filling the walls and a variety of madeleine flavors available. To the north is Indian-grocery store Apna Bazaar Grocery and Grill. Caddy corner from the Carrollton Library is Albertson’s, along with a few chain restaurants like McDonald’s and Sonic’s. Braum’s Ice Cream and Dairy Store has fresh produce, alongside a drive-thru or dine-in restaurant.
3 Nations Brewing, near Park Terrace, offers a fun atmosphere and craft beers.
The delightful ice cream parlor near Park Terrace offers nostalgic flavors and treats.
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Dinner and a show at the theater, Carrollton events downtown throughout the year
The Pocket Sandwich Theatre, in Downtown Carrollton, offers live shows, including Sweeney Todd: The Fiend of Fleet Street and Ebenezer Scrooge, while serving dinner and drinks. The City of Carrollton has events throughout the year, including seasonal ones like New Year Celebration, Independence Day Concert and Fireworks, Halloween Critter Hunt and visits from Santa in December. "Park Terrace is a really good hotspot for all kinds of events," says Corbett. "It's not even two minutes from downtown." Carrollton Public Library at Josey Ranch Lake hosts different classes and activities, such as game nights for adults.
Living in Park Terrace means easy access to Carrollton's lively local events.
Park Terrace hosts an abundance of events that bring the community together.
GreatSchools:
The GreatSchools Rating helps parents compare schools within a state based on a variety of school quality indicators and provides a helpful picture of how effectively each school serves all of its students. Ratings are on a scale of 1 (below average) to 10 (above average) and can include test scores, college readiness, academic progress, advanced courses, equity, discipline and attendance data. We also advise parents to visit schools, consider other information on school performance and programs, and consider family needs as part of the school selection process.
View GreatSchools Rating Methodology
Interested in learning more about homes in this area?
Reach out to
Victor Aves,
an experienced agent in this neighborhood.
Parks in this Area
Mill Valley Park
Basketball
Tennis
Trails
W. J. Thomas Park
W.J. Thomas Park
Jimmy Porter Park
Basketball
Disc Golf
Picnic Area
Clifford E. "Bill" Hall Park
Picnic Area
Trails
Playground
Francis Perry Park
Josey Ranch Sports Complex
Baseball/Softball
Basketball
Bike Trails
Transit
Airport
Dallas Love Field
22 min drive
Bus
Josey & Sherwood - S - Mb
Bus
Josey & Keller Springs - S - Fs
Crime and Safety
1 - Low Crime, 10 - High Crime
Park Terrace
US
Homicide
3
4
Sexual Assault
3
4
Assault with Weapon
4
4
Robbery
4
4
Burglary
3
4
Motor Vehicle Theft
4
4
Larceny
3
4
Crime Score
4
4
Source: WhatIsMyCrimeRisk.com
Demographics and Home Trends
On average, homes in Park Terrace, Carrollton sell after 22 days on the market compared to the national average of 47 days. The average sale price for homes in Park Terrace, Carrollton over the last 12 months is $396,281, up 7% from the average home sale price over the previous 12 months.
This nearly new townhome offers 2,044 sq. ft. of thoughtfully designed living space, perfect for both everyday living and entertaining. Featuring 3 spacious bedrooms and 3 full bathrooms, this home combines style, comfort, and functionality. Step inside to an open-concept floor plan filled with natural light, seamlessly connecting the living, dining, and kitchen areas. The gourmet kitchen is a
LOCATION, LOCATION, LOCATION!Charming and fully updated cottage-style home situated on a spacious lot with soaring mature trees, just minutes from downtown Carrollton. This 3-bedroom, 2-bath home features luxury hardwood and tile flooring throughout, along with a beautifully renovated kitchen boasting new granite countertops, oven, dishwasher, stainless steel sink, and faucet. Both bathrooms
Stunning Modern Townhouse in a prime location. Featuring a thoughtfully designed layout, this home caters to both relaxation and easy entertaining, ideal for today's busy lifestyles. The kitchen offers floor to ceiling cabinets, stainless steel appliances, and a spacious island, perfect for gatherings. The upper level includes well-appointed bedrooms and an additional loft area for your family.
**$10,000 SELLER CONCESSION** Built by Kindred Homes in 2021, his delightful townhome offers 2,044 square feet of comfortable living space, perfect for enjoying a laid-back lifestyle in the heart of Downtown Carrollton. As you step inside, you’re greeted by a foyer with French doors opening into a versatile office space—ideal for remote work or hobbies. The open floor plan easily connects two
Do downtown Carrollton your way. Switchyard is built for busy people and designed for your active lifestyle. Choose a brand-new one or two bedroom floor plan and take advantage of up-to-the-minute styling, including stainless-steel appliances and wood-style flooring.Switchyard is ideally located close to I-35E, Historic Downtown Carrollton, and the downtown DART Light Rail station, making
Interested in learning more about homes in this area?
Reach out to
Victor Aves,
an experienced agent in this neighborhood.
Average Home Value
Source: Public Records
Property Mix - Square Feet
This Neighborhood Has Equal Renters and Owners
Demographics
Total Population
3,950
Median Age
35
Population Density
7 ppl/acre
Population under 18
27.6%
On par with the national average
23.8%
Population over 65
13.6%
Below the national average
19.1%
Finances
Median Household Income
$66,694
Below the national average
$71,702
Average Household Income
$84,488
Education and Workforce
High School Graduates
76.1%
Below the national average
89.1%
College Graduates
26.1%
Below the national average
34.1%
Advanced Degrees
6.6%
% Population in Labor Force
71.5%
Weather
Annual Precipitation
39''
Average Winter Low Temperature
37°F
Average Summer High Temperature
97°F
Annual Snowfall
1''
Area Factors
Somewhat Bikeable
Bike Score®
43/ 100
Car-Dependent
Walk Score®
33/ 100
Some Transit
Transit Score®
36/ 100
Source: Walk Score
Source: Walk Score
Sound Score® measures the noise level of any address. Transit Score® measures access to public transit. Bike Score® measures the bikeability of any address.
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. Our sources include: Accuweather, Public Records and Neustar. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
