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Lakewood

Lakewood

Suburban Neighborhood in Dallas, Texas

Dallas County 75214

$1,374,352 Average Value
$470 Average Price per Sq Ft
83 Homes For Sale

Popular Northeast Dallas neighborhood with ‘Small neighborhood feel’

Boasting lush parks, an outdoor lifestyle and surrounding White Rock Lake, Lakewood is a sought-after community 10 miles northeast of Downtown Dallas. Developed in the early to mid-1900s, Lakewood combines residential living with all the amenities of a nearby city and the added benefit of the lake and other surrounding nature. “You get that small neighborhood feel while living in a huge city,” says Carolyn Albers Black, a Realtor with Ebby Halliday, who has lived in the Lakewood area for years. “It is amazing, and we have everything from young families to the original homeowners living in Lakewood. While there has been some new construction, I love that you can still see the preservation of the original homes.”

The Lakewood Theater is a staple in the neighborhood.
The Lakewood Theater is a staple in the neighborhood.
Lakewood residents enjoy grabbing brunch from one of the several restaurants in the area.
Lakewood residents enjoy grabbing brunch from one of the several restaurants in the area.
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A variety of home styles surrounding White Rock Lake

Houses in Lakewood vary in style, and it seems as if no two houses are exactly the same. Depending on location in the neighborhood, properties can offer stunning lake views, but regardless of house location, streets are lined with old-growth trees. Sloping property lots feature Tudor homes with steep gables, compact cottages, Craftsman and Mediterranean styles and early ranch homes. More recently, homes have been torn down and replaced with estate homes, but the original architectural styles remain for the most part. Almost all the single-family homes in Lakewood are over the $1 million mark. Prices range from $1.2 million for a four-bedroom ranch, while a five-bedroom Tudor rises to $1.7 million. “Prices have appreciated here over the last five years, which sets the market. People want to live here because you are in Dallas proper, but those amenities come at a steeper price,” Black says.

Buyers enjoy the wide range of home styles available in the Lakewood neighborhood.
Buyers enjoy the wide range of home styles available in the Lakewood neighborhood.
Some Mediterranean style homes can be found in Lakewood.
Some Mediterranean style homes can be found in Lakewood.
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SchoolsJourney through the Dallas Independent School District

Lakewood children are zoned for the Dallas Independent School District, which scores a B on Niche and offers a robust school choice program. The district is divided into innovation schools, which are designed to meet the needs of the neighborhood they are near and have attendance boundaries. Transformation schools are new schools with specialized academic programming and no boundaries. The innovation schools are Lakewood Elementary, which scores an A-minus on Niche, the B-rated J.L. Long Middle and Woodrow Wilson High School. Woodrow Wilson High grades as an A-minus and offers the Woodrow Performing Arts department, which is comprised of band, choir, dance, musical and theater departments. “The community supports Woodrow Wilson’s drama department, and the spring performance is always a hot ticket,” Black says.

J.L Long Middle School is a great choice for students in Dallas, Texas.
J.L Long Middle School is a great choice for students in Dallas, Texas.
Woodrow Wilson High School is a well established school in Dallas, TX.
Woodrow Wilson High School is a well established school in Dallas, TX.
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An outdoor lifestyle in Lakewood

White Rock Lake Park is one of the most heavily used parks in the Dallas Park system. With access points to the water, it is pretty common to see rowers, paddleboards, and anglers enjoying a day on the water. Winding across the lake's perimeter is over 9 miles worth of hiking and biking trails exploring the Dallas Arboretum and Botanical Gardens on the west side of the lake. On a smaller scale, Tietze Park is an 8-acre community park that opened in 1924 and features basketball courts, a playground, a pool and tennis courts. Families can join the Lakewood Country Club, which opened in 1912 and has been transformed into the ‘cornerstone of the neighborhood.’ Members can enjoy an 18-hole golf course, tennis courts, three swimming pools, a fitness center, club events, and dining options. For the weekend golfer have the Tenison Park Golf Course, a public track just south of the neighborhood.

Lakewood Locals enjoy an active lifestyle with easy access to White Rock Lake.
Lakewood Locals enjoy an active lifestyle with easy access to White Rock Lake.
Lakewood locals enjoy running at White Rock Lake.
Lakewood locals enjoy running at White Rock Lake.
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Shopping local in Lakewood

Locals have their pick of the litter when it comes to grocery shopping. Finding essentials is easy with multiple national chains such as Whole Foods, Trader Joe’s, and Tom Thumb nearby. However, the area has more local boutiques and trendy shops like Talulah and Hess, featuring creative clothing, home goods and artwork from local artists. The restaurants have that same kind of vibe. Ten Times Cellars is a winery offering small plates and appetizers, while Petra and the Beast just opened and is a foodie’s dream, offering farm-to-fork New American cuisine. “People in Lakewood love to support local, and while chains have come to the area, people prefer to go to local businesses,” Black says.

Explore local shops in the Lakewood neighborhood in Dallas, TX.
Explore local shops in the Lakewood neighborhood in Dallas, TX.
Lakewood residents can shop for groceries at the local Whole Foods
Lakewood residents can shop for groceries at the local Whole Foods
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Lakewood Neighborhood Association and community events

One of Dallas's largest homeowners’ associations, the Lakewood Neighborhood Association encompasses almost 3,000 residents and is responsible for the security and beautification while hosting community events. Lakewood hosts an annual Independence Day Parade and celebration that began in 1962. The day starts with a 1.2-mile fun run before the parade at 10 a.m. Following the festivities, attendees meet at Tokalon Park for awards and refreshments. Each December, the BMW Dallas Marathon has a section of its race around the lake and neighborhood. “Some streets close, but people rally around it by setting up refreshments while cheering on the runners,” Black says.

Locals enjoy attending the Light Up Lakewood event to mingle with friends and neighbors.
Locals enjoy attending the Light Up Lakewood event to mingle with friends and neighbors.
Locals enjoy baked goods at the Light Up Lakewood event.
Locals enjoy baked goods at the Light Up Lakewood event.
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Convenient commuting to Downtown Dallas

Residents can use Interstate 30 or hop on U.S. Highway 75 to get downtown for business or pleasure. Those needing public transportation can use the Dallas Area Rapid Transit, more commonly known as DART, hop on the Blue Line at the White Rock Station or use the DART bus service available throughout the community. When it's time to get away, locals are treated to just a 7-mile drive on Mockingbird Lane and avoid the interstate, getting to the Dallas Love Field Airport.

Andrew Phillips
Written By
Andrew Phillips
Elon Walton
Photography Contributed By
Elon Walton
Alex Finneran
Video By
Alex Finneran

Agents Specializing in this Area

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Schools

Source:
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 Jason Clark, an experienced agent in this neighborhood.

Parks in this Area

Transit

Airport

Dallas Love Field

18 min drive

Bus

Richmond & Gaston - E - Mb

Bus

Gaston & La Vista - N - Ns

Bus

Abrams & La Vista - S - Fs

Bus

East Grand & La Vista - N - Ns

Bus

Abrams & Velasco - S - Ns

Bus

Abrams & Goliad - S - Ns

Bus

Tenison Memorial & East Grand - S - Mb

Crime and Safety

1 - Low Crime, 10 - High Crime Lakewood US
Homicide 2 4
Sexual Assault 2 4
Assault with Weapon 2 4
Robbery 3 4
Burglary 4 4
Motor Vehicle Theft 4 4
Larceny 4 4
Crime Score 3 4

Source: WhatIsMyCrimeRisk.com

Demographics and Home Trends

Home Trends

Median Price (12 Mo)
$1,232,495
Median Single Family Price
$1,495,000
Median Townhouse Price
$529,900
Median 2 Bedroom Price
$439,000
Median 1 Bedroom Price
$237,000
Average Price Per Sq Ft
$470
Number of Homes for Sale
83
Last 12 months Home Sales
226
Months of Supply
4.40
Median List Price
$1,399,000
Median Discount From 1st List Price
0%
Median Home Sale Price YoY Change
-6%

Home Facts

Number of Homes in Neighborhood
5,122
Median Year Built
1952
Avg. Single Family Home Size Sq Ft
2,870
Significantly above the national average
1,935
Average Townhouse Size Sq Ft
1,985
Average 2 Bedroom Size Sq Ft
1,481
Average 1 Bedroom Size Sq Ft
702
Median Lot Size Sq Ft
9,147

Open Houses

  • Sunday, Apr 27
    1 - 3pm

    6137 Llano Ave, Dallas, TX 75214

    $1,475,000

    • 5 Beds
    • 4.5 Baths
    • 4,502 Sq Ft
    • 6137 Llano Ave
    • New 1 day ago

    6137 Llano Avenue is a two-story single-family home nestled in the heart of Lakewood Heights and exemplary Mockingbird Elementary. Built in 2006, this two-story residence offers 5 bedrooms, 4 full bathrooms, and a half bath, encompassing 4,502 square feet of living space on a 0.18-acre lot . It offers a blend of comfort, space and functionality. The home has an open-concept kitchen equipped with

    Kate Looney Walters Compass RE Texas, LLC

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  • Sunday, Apr 27
    3 - 5pm

    7303 Lakewood Blvd, Dallas, TX 75214

    $1,600,000

    • 7 Beds
    • 5.5 Baths
    • 7303 Lakewood Blvd
    • New 1 day ago

    Discover a RARE OPPORTUNITY in the heart of Lakewood—a historic, C.D. Hutsell-designed 1937 gem known as “El Rancheria,” thoughtfully updated while preserving its timeless character. This versatile property is currently configured as a 3-unit residence with 7 bedrooms, 5 bathrooms, and 3 full kitchens, along with 2 formal living rooms and 2 dining rooms. From a cozy 2 bedroom, with Murphy bed, to

    Feustel Group Compass RE Texas, LLC

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  • Saturday, Apr 26
    1 - 3pm

    7129 Lyre Ln, Dallas, TX 75214

    $1,395,000

    • 4 Beds
    • 3.5 Baths
    • 2,830 Sq Ft
    • 7129 Lyre Ln
    • New 1 day ago

    Welcome to your dream oasis in the heart of Lakewood! This charming cottage has been completely reimagined with a down-to-the-studs remodel in 2014, blending timeless character with high-end, modern finishes throughout. From the moment you step inside, you’ll be captivated by the open-concept layout, flooded with natural light and anchored by a striking fireplace and gorgeous exposed ceiling

    Kelli Burke Orchard Brokerage, LLC

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Distribution of Home Values

Source: Public Records

Homes for Sale

Homes for Rent

Interested in learning more about homes in this area? Reach out to Jason Clark, an experienced agent in this neighborhood.

Average Home Value




Source: Public Records

Property Mix - Square Feet

This Neighborhood Has More Owners

Demographics

Total Population
16,375
Median Age
38
Population Density
7 ppl/acre
Population under 18
28.5%
On par with the national average
23.8%
Population over 65
13.5%
Below the national average
19.1%

Finances

Median Household Income
$144,162
Significantly above the national average
$71,702
Average Household Income
$174,546

Education and Workforce

High School Graduates
97.3%
College Graduates
80.3%
Significantly above the national average
34.1%
Advanced Degrees
37.3%
Above the national average
13.3%
% Population in Labor Force
80%

Weather

Annual Precipitation
38''
Average Winter Low Temperature
38°F
Average Summer High Temperature
97°F
Annual Snowfall
1''

Area Factors

Somewhat Bikeable

Bike Score®

29 / 100

Car-Dependent

Walk Score®

13 / 100

Minimal Transit

Transit Score®

22 / 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.

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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.
NEIGHBORHOOD
Lakewood