Love This Home or Build Your Own in Preston Hollow, The Choice Is Yours

Preston Hollow is perhaps one of Dallas’s most coveted neighborhoods. Among this quaint and well-curated community, you’ll find the perfect mix of mid-century charm and modern amenities with some of the largest lots around town. With a central location, this area offers easy access to uptown living and Highland Park shopping. Also, it’s a straight shot to Dallas Love Field Airport and is just seconds away from Dallas North Tollway.

For this High Caliber Home of the Week, sponsored by Lisa Peters of Caliber Home Loans, listing agent Phillip Murrell of Compass RE Texas offers a choice: a striking 1984-built home to update or a standout lot to build within this beloved location. Murrell has listed 9218 Rockbrook Drive for $2,399,000. This incredible 0.65-acre lot is a rare opportunity for anyone looking to put down roots in Preston Hollow.

This tree-laden, private lot has potential written all over it. “Mature oak trees are spotted throughout the front and back yard,” Murrell says.

With 187 feet of frontage that is lush with mature-growth and sprawling canopies of trees, it’s a slice of paradise. A rectangular slice, that is.

“So many Preston Hollow lots are irregular and this one is nearly the perfect rectangular shape,” Murrell says. “With that shape and size — 0.64 acres — you wouldn’t have any major constraints to build whatever you like. You could easily have a 10k-square-foot house and still enjoy a yard for the kids and a large pool/spa.”

Honestly, this may be one of the best untapped locations in the city.

Right now, the lot has a four-bedroom, four-and-a-half-bathroom property onsite. This traditional home features 4,334 square feet of potential with a circular drive and porte cochere. Also, It includes two living areas, three dining areas, a wet bar, two fireplaces, and classic lighting touches. The home can either be restored to its classic beauty or you can choose to start fresh on this one-of-a-kind lot.

No matter how you choose to utilize this land, the location here is incredible. Therefore, it should prove to be a sound investment as you settle into your new community. And bonus, this home falls within the Walnut Hill Elementary zone.

Says Murrell, “It’s the heart of Preston hollow and these size lots just don’t come around often.”

Phillip Murrell of Compass has 9218 Rockbrook Drive listed for $2,399,000.