The story of this market
The typical home in ZIP 75214 sells for about $937,500, or $435 per square foot.
Prices are up +17.93% from a year ago, so sellers still have some momentum. Homes take about 13 days to sell, which is fast. HUD's fair market rent for a two-bedroom is $1,650 a month.
ZIP 75214 — Dallas
The 75214 housing market remains highly desirable, characterized by a high median home price of $937,500 and strong demand for historic properties near White Rock Lake. While year-over-year price growth is significant, the market is seeing a stabilization in inventory and days on market. The area's appeal is driven by its unique combination of urban accessibility and suburban-style recreational amenities.
This ZIP is ideal for affluent families and professionals who prioritize historic charm, proximity to outdoor recreation at White Rock Lake, and a short commute to the Dallas urban core.
Median prices moved up 17.9% year over year.
Homes spend a median of 13 days on market with 3.3 months of supply — a fast-moving market.
27% of listings have cut prices · homes sell at 98.5% of asking — demand is running ahead of supply.
no recorded foreclosure-ledger notices (0.0 per 10,000 residents) · unemployment 3.2% · poverty 5.8% — a stable, low-distress profile.
Researched annual trajectory for this ZIP, from published historical series
Solid: researched ten-year history · dotted: 1 / 3 / 5-year projection extended from the historical 8.5%/yr trend — a deterministic estimate, not a published forecast or guarantee.
Median annual property tax paid on this ZIP's residential parcels
Solid: researched ten-year history · dotted: 1 / 3 / 5-year projection extended from the historical 8.5%/yr trend — a deterministic estimate, not a published forecast or guarantee.
versus the prior ACS vintage
ZCTA 75214, Dallas County TX
The area is served by the Dallas Independent School District, featuring highly regarded schools such as Lakewood Elementary which anchors the community's educational reputation.
The area is primarily residential with proximity to White Rock Lake; property insurance posture is typical for North Texas, focusing on wind and hail coverage.
Development is characterized by the preservation of historic housing stock alongside high-end infill projects, with strong economic momentum driven by proximity to the Dallas central business district.
Composed from the ARED governance burden registry — tier-native tax structure (state + county + city + special districts), never averaged. State (Texas) — Senior (65+) and Disabled Homestead Exemption and School Tax Ceiling: Grants an additional mandatory $10,000 exemption from ISD appraised value (Taxable Value_ISD = Appraised Value - $100,000 - $10,000) and establishes an absolute statutory tax freeze (school tax ceiling): total ISD property taxes cannot exceed the dollar ceiling established in the… State (Texas) — General Residence Homestead Exemption and 10% Valuation Growth Cap: Imposes mandatory state-level valuation deductions and growth limitations on the qualifying homestead: (1) Mandates a $100,000 deduction from appraised value for independent school district (ISD) maintenance and operations/debt taxation: Taxable Value_ISD = Appraised Value - $100… State (Texas) — Ad Valorem Real Property Taxation and Assessment Ratio: Mandates ad valorem appraisal of all real property at 100% of fair market value as of January 1 each tax year (Assessment Ratio = 1.00).
Residents benefit from direct access to major thoroughfares like Gaston Avenue and proximity to the DART light rail system, facilitating a relatively efficient commute to downtown Dallas.
The ZIP is defined by its immediate access to White Rock Lake Park, offering extensive trails, boating, and green space, alongside the vibrant shopping and dining districts of Lakewood and nearby Lower Greenville.
The rental market is robust with steady demand driven by professionals and families seeking proximity to the lake and urban amenities; rent growth has remained positive.
The economy is anchored by the broader Dallas-Fort Worth metroplex, with residents largely employed in professional services, healthcare, and finance sectors in the nearby downtown core.
The area is served by a network of arterial roads and is well-connected to the DART transit system, providing reliable access to the regional employment hubs.
Development is focused on high-end residential density and the revitalization of existing commercial corridors to support the growing population.
The Dallas Central Appraisal District manages annual property assessments, utilizing mass appraisal techniques to determine market value for tax purposes.
Parcels are subject to Dallas ISD taxes, Dallas County taxes, and city municipal taxes, with no significant MUD/PID presence in this established urban area.
Property insurance premiums are influenced by regional weather patterns, specifically the risk of severe thunderstorms and hail common in North Texas.
Data retrieved from US Census Bureau ZCTA 75214 profiles.
Public schools whose reported address is in this area (NCES). Not attendance boundaries — schools that serve residents may sit outside it. Check the district's address locator for assignment.
- Six Flags Over Texas4.319.7 mi
- Traders Village Grand Prairie4.519.9 mi
- Meow Wolf Grapevine's The Real Unreal4.419.8 mi
- Epic Waters Indoor Waterpark4.418.7 mi
- Andretti Indoor Karting & Games The Colony418.6 mi
- American Airlines Center4.64.5 mi
- Six Flags Over Texas4.319.7 mi
- Kay Bailey Hutchison Convention Center Dallas4.34.8 mi
- Traders Village Grand Prairie4.519.9 mi
- Texas Trust CU Theatre4.414.4 mi
- The Dallas Arboretum and Botanical Garden4.71.6 mi
- The Dallas World Aquarium4.44.5 mi
- Dallas Zoo4.57.1 mi
- Perot Museum of Nature and Science4.74.5 mi
- Klyde Warren Park4.74.1 mi
- Perot Museum of Nature and Science4.74.5 mi
- Dallas Museum of Art4.74.2 mi
- Fair Park4.53.3 mi
- Meow Wolf Grapevine's The Real Unreal4.419.8 mi
- The Sixth Floor Museum at Dealey Plaza4.64.8 mi
- The Dallas Arboretum and Botanical Garden4.71.6 mi
- Dallas Zoo4.57.1 mi
- Klyde Warren Park4.74.1 mi
- Fair Park4.53.3 mi
- John F. Kennedy Memorial Plaza4.54.8 mi
- Corinthian Sailing Club4.62 mi
- White Rock Lake4.71.1 mi
- Topgolf Dallas4.43.1 mi
- Brookhaven Country Club4.410.3 mi
- Dallas Country Club4.63.5 mi
- Golf Ranch Richardson4.712.1 mi
- Tenison Park Golf Course42 mi
- Galleria Dallas4.58.5 mi
- NorthPark Center4.63.5 mi
- Town East Mall4.27.1 mi
- Dallas Farmers Market4.54.2 mi
- Firewheel Town Center4.511.8 mi
- Dallas Fort Worth International Airport4.117.8 mi
- Dallas Love Field4.46.2 mi
- Arlington Memorial Hospital Heliport4.422.2 mi
- Capital One Lounge at DFW418.2 mi
Theme parks, venues, golf, airports, museums, water and shopping across the area from Google Maps, ranked by popularity within the radius shown.
A major urban reservoir offering trails, sailing, and bird watching.
Historic shopping district with local boutiques and dining.
World-class botanical garden located on the shores of White Rock Lake.
Key-figure check: median price corroborated by the published ten-year series (2025) (within 12.5%).
Governs Edmonds Ranch
Governs Del Webb at Legacy Hills
Governs Benson Place
90-day research cycle · governing documents remain with their official custodians — the association, its management portal or the county clerk's recording.