Lake Dallas, TX75065

Real Estate Data & Market Trends

Key Metrics at a Glance

Median Home Value
$391,000
3.9% YoY Growth
Median Household Income
$98,300
25.1% 5-Year Growth
Days on Market
65
55.0% Longer than last year
Home Price Forecast
-0.3%
Median Rent
$2,110
4.8% YoY Growth
1-Bed Rent
$1,630
3.8% YoY Growth
2-Bed Rent
$2,260
6.2% YoY Growth
3-Bed Rent
$2,280
4.6% YoY Growth

Property Listings — Lake Dallas, TX

As of Oct '25, Realtor.com reports that the median days on market for a home in Lake Dallas, TX is 65. This is a increase of 55.0% from last year, suggesting that homes are sitting on the market longer than last year. The percentage of listed homes with a reduced price is 37.0%, representing a large inventory and a lot of supply pressure on home prices.

MetricZip Code AverageYear over Year % Change
Median Listing Price
$450,000-1.0%
Listing Count
7028.0%
Listings as % of Homes1.2%28.0%
Days on Market
6555.0%
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Demographics — Lake Dallas, TX

As of the latest ACS Survey released in 2023, Lake Dallas, TX has a population of 13,000, which has increased by 5.3% over the past 5 years. Lake Dallas, TX is a moderately popular place for families, as children make up 19.1% of the population. The area has a moderately educated workforce, with 38.0% of adult residents holding a bachelor’s degree or higher. There are some residents working remotely, with 13.1% reporting working from home.

MetricLatest CensusYoY % Change
Population
13,0005.3%
% Under 18
19.1%-19.4%
% Seniors
12.1%5.2%
% WFH
13.1%77.0%
% w/ College Degree
38.0%24.6%
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As of the latest ACS Survey released in 2023, Lake Dallas, TX is a predominantly white area, with 62.3% of the population identifying as white. The white population has shrunk by 10.4% in the last 5 years. The second most common race or ethnicity in Lake Dallas, TX is hispanic, making up 26.6% of the population. Foreign-born residents account for 19.7% of the population in Lake Dallas, TX, and this percentage has increased by 116.5% as of the ACS Survey 5 years prior, suggesting more immigrants are calling the area home.

Race and Ethnicity

MetricLatest Census5-Year % Change
% White
62.3%-10.4%
% Black
5.7%72.7%
% Hispanic
26.6%26.7%
% Asian
2.7%-12.9%
% Foreign Born
19.7%116.5%
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Mortgage and Risk — Lake Dallas, TX

According to HUD data as of 2023, there were 416 mortgage originations in Lake Dallas, TX, of which 82.0% of loans were conventional mortgages. The average loan-to-value was 72.0%, with 37.0% above 90% LTV (very high). This implies large mortgage risk in Lake Dallas, TX. Investor activity is low, as 0.0% of loans were by investors. 9.0% of loans were cash-out refinances, suggesting few homeowners are tapping equity.

Mortgages

MetricZip Code Average
Total Loan Originations
416
% Conventional Loans
82.0%
% Government Loans
18.0%
% Investor Loans
0.0%
% Second Loans
1.0%
% Cash Out Refinance
9.0%

Loan Activity

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Rentals and Section 8 — Lake Dallas, TX

As of 2024, the percent of homes in Lake Dallas, TX under the Section 8 program is 1.9%. This is considered low, suggesting that the neighborhood is sparsely composed of Section 8 homes. Section 8 opportunity is good when HUD pays more than market rent. 1-bedroom and 3-bedroom and 4-bedroom units appear to be good home sizes to consider for Section 8 housing in Lake Dallas, TX, because HUD payments exceed market rent, while 2-bedroom units do not.

Section 8 Market Size

Total Units under HUD
29
Total Units Section 8
29
% Rentals under Section 8
1.9%
% Occupied Section 8
77.0%

Section 8 Opportunity

Home SizeHUD PremiumMarket RentMax HUD Rent
1 Bedroom$60$1,630$1,690
2 Bedroom-$280$2,260$1,980
3 Bedroom$200$2,280$2,480
4 Bedroom$670$2,520$3,190

Affordability — Lake Dallas, TX

Home Price to Income Ratio

MetricZip Code Average
Home Price to Income Ratio4.1
Median Home Price$391,000
Median Household Income$98,300

Lake Dallas, TX — ZIP Code Boundary Map

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Frequently Asked Questions