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Lakewood, TX

Lakewood, TX is a neighborhood in East Dallas situated just northeast of downtown Dallas. The area is known for the impressive Tudor-style mansions from the 1920s and 1930s as well as the historic Lakewood Theater, which opened in 1938. Additionally, White Rock Lake to the east provides a serene respite for residents and visitors. This urban-suburban mix makes Lakewood one of the best places to live in Dallas.

Lakewood, TX
Lakewood, TX

Brief history

Residential development in Lakewood began in the early 1900s. Many of the iconic estates and cottages were built around this time in the 1920s and 1930s, though many have been torn down and replaced through the decades. Another architectural icon of the area, the Lakewood Theater, was built in 1938 and is one of the last remaining art deco theaters of its kind still close to its original condition.

Real estate snapshot

Lakewood proper consists of around 2,900 homes. Older homes tend to be smaller compared to new ones. In fact, homes built after 2000 average over 4,000 square feet compared to homes built before 1960, which average less than 2,300 square feet. Due to the neighborhood’s proximity to downtown Dallas, the excellent school system, and the historic/architectural significance of some homes makes sale prices in this area quite high.

$699,500
Median home sale price
30
Median days on market
$296
Median price/square foot
14%
1-year home value appreciation
For single-family home sales as of 2021

Demographics

The median household income in Lakewood, TX is 26% higher than the state median. Education-wise, over half hold at least a bachelor’s degree. The neighborhood is predominantly white with small percentages of Blacks and Asians residents.

73,834
Population
$80,427
Median household income
34.3
Median Age
67%
Holds a bachelor's degree or higher
Via U.S. Census data

Quality of schools

Lakewood, TX is served by Dallas Independent School District. It serves 155,119 students in grades PK, K-12 and has a student-teacher ratio of 16-to-1.

School
Grade
A-
School
PK-5
School ratings via Niche

Fun things to do

  • Explore one of the largest art museums in the country, the , located in downtown Dallas’ art district.Ìý
  • Spend a leisurely day at , where you can hike along 9 miles of trails and visit the spectacular .Ìý
  • Kick back with a drink and live jazz at .

These subdivisions are popular places for buyers moving into the area.Ìý

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