M-Streets (Greenland Hills, Greenland Crest, and adjacent areas)

Dallas, TX

Neighborhood Market Analysis

Q3 2025 Report
$847,500 (Feb 2025, Lower M Streets)
Median Home Price
74–80 (very walkable for Dallas)
Walkability Score
Highly rated elementary; middle/high schools improving but mixed ratings.
School Rating

Location Overview

Neighborhood Boundaries

Generally bounded by Greenville Ave (east), Central Expressway/US-75 (west), Mockingbird Ln (north), and Vanderbilt Ave (south)

Zip Codes

7520675214

Market Data Summary

Price Range$600,000–$1,100,000+ (restored Tudors/Craftsmans and new construction)
Price per Sq Ft$390–$495 (Feb–July 2025)
Inventory LevelsHigh for Dallas; 141 active listings (July 2025); months of supply rising[3][5].

Property Characteristics

Home Types & Architecture

Home Types

Single-family homesTownhomes (limited)

Architectural Styles

Tudor RevivalCraftsmanColonial RevivalContemporary (new builds)

Property Details

Typical Lot Sizes0.13–0.18 acres (approx. 5,500–7,800 sq ft)
Home Age Range1920s–1940s (historic core); 2010s–2020s (new builds)
Construction QualityHigh for historic homes (restored/updated); new builds offer modern amenities with quality finishes[3].

Community Profile

Demographics & Lifestyle

Demographics

Mix of young professionals, families, and established residents; higher education and income levels than Dallas average.

Community Vibe

Historic, charming, active, and social; pride in preservation and neighborhood identity.

Typical Residents

  • Young professionals
  • Families with children
  • Empty nesters
  • Investors

Family Friendly

Yes—parks, playgrounds, and walkable streets; strong community engagement.

Amenities & Lifestyle

Parks & Recreation

  • Tietze Park
  • Glencoe Park
  • Santa Fe Trail (bike/jogging)

Dining Options

  • Greenville Avenue restaurants/bars
  • Casual cafes
  • Upscale bistros

Shopping Centers

  • Mockingbird Station
  • Lakewood Shopping Center
  • Trader Joe's (Greenville Ave)

Local Businesses

  • Coffee shops
  • Boutique fitness studios
  • Pet stores
  • Local grocers

Education & Schools

Highly rated elementary; middle/high schools improving but mixed ratings.
Overall School Rating

Elementary Schools

  • Mockingbird Elementary
  • Stonewall Jackson Elementary

Middle Schools

  • J.L. Long Middle School

High Schools

  • Woodrow Wilson High School

Private Schools

  • St. Thomas Aquinas
  • Lakehill Preparatory

Transportation & Accessibility

Transit & Roads

Public Transit

  • DART Rail (Mockingbird Station)
  • Bus routes along Greenville Ave

Major Roads

  • Greenville Ave
  • Mockingbird Ln
  • US-75/Central Expressway

Commute & Walkability

Commute Times10–20 minutes to Downtown Dallas; 20–30 minutes to major employment centers.
WalkabilityHigh for Dallas; errands and dining often walkable.
ParkingStreet parking can be limited, especially near Greenville Ave and during events.

Marketing Intelligence

Target Buyer Types

  • Young professionals
  • Families
  • Move-up buyers
  • Investors

Key Selling Points

  • Historic architecture
  • Walkable lifestyle
  • Strong community identity
  • Access to top dining and parks

Pricing Considerations

Price competitively given increased inventory and longer days on market; highlight move-in ready condition.

Common Objections & Response Strategies

Objection: Prices seem high for older homes.

Response Strategy:

Highlight restored features, walkability, and neighborhood stability; compare to new construction pricing.

Objection: Concerns about school ratings for middle/high schools.

Response Strategy:

Point to strong elementary options and improving ratings; mention nearby private schools.

Objection: Parking is limited.

Response Strategy:

Emphasize walkability and available off-street parking options where applicable.

Objection: Market is softening; is now a good time to buy?

Response Strategy:

Stress long-term value, unique inventory, and current buyer leverage due to higher supply.

Investment Insights

Investment Potential

Appreciation Potential

Moderate; historic appreciation strong, but 2025 market correction may limit short-term gains[1][5].

Rental Demand

High—proximity to SMU, downtown, and nightlife attracts renters.

Buyer Competition

Lower than previous years; more inventory, less bidding wars.

Best For

  • Long-term investors
  • Buyers seeking historic charm
  • Families valuing walkability

Potential Concerns

  • Short-term price volatility
  • Older homes may require maintenance
  • Parking challenges

Professional Recommendations

1

Educate buyers on historic home maintenance and value

2

Leverage neighborhood association resources for marketing

3

Stage homes to highlight period details and outdoor living

4

Price aggressively to stand out in higher-inventory market

5

Promote walkability and local business partnerships

Competitive Analysis

Comparable Markets

  • Lakewood
  • Vickery Place
  • Lower Greenville
  • Hollywood/Santa Monica

Market Positioning

Premium historic neighborhood with urban lifestyle appeal.

Competitive Advantages

  • Historic charm
  • Superior walkability
  • Active neighborhood association

Price Comparison

Priced higher per square foot than most East Dallas neighborhoods, but below Lakewood luxury segment.

Investment Metrics

3.5–4.5% (single-family rentals)
Cap Rates
4–5% gross yield typical for updated homes
Rental Yields
22–25 (higher than Dallas average, reflecting owner-occupant demand)
Price-to-Rent
Generally neutral to modestly positive for long-term holds; best for appreciation and lifestyle buyers.
Cash Flow
Flat to +2% over next 12 months, with upside as market stabilizes[5].
Appreciation

Buyer Journey Insights

First-Time Buyers

Appealing for those seeking walkability and character; may face higher entry price and maintenance costs.

Move-Up Buyers

Popular for families upgrading from condos/apartments; value community and schools.

Downsizers

Attractive for empty nesters wanting urban amenities and less yard maintenance.

Investors

Strong rental demand, but yields are modest; focus on long-term appreciation and unique properties.

Relocators

Desirable for professionals moving to Dallas; proximity to downtown and lifestyle amenities is a draw.

This neighborhood analysis was generated using hyperlocal data and AI intelligence.

Neighborhood conditions change - consult with local real estate professionals for the most current information.

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