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Lake Dallas, TX

Full City Profile · Texas · Denton County County

3.4 /5.0
B Good
7,761 Population 3,194/sq mi density
$74,241 Median Income $37,694 per capita
$245,100 Home Value $342,755 Zillow
$1,507 Median Rent 35.1% income on rent
65°F Avg Temperature 330 sunny days/yr
273 Violent Crime/100K 1,453 property/100K
B
Overall
3.4 / 5.0
Good overall score based on economy, affordability, safety and education
A+
Economy
4.5 / 5.0
$74,241 median income, 1.9% unemployment
A+
Affordability
4.8 / 5.0
$245,100 home value, $1,507/mo rent
F
Safety
1.0 / 5.0
273 violent crimes/100K
B
Education
3.4 / 5.0
30.3% bachelor's degree or higher

Housing Overview

Median Home Value
$245,100
13% below
US avg: $281,900
Median Rent
$1,507/mo
30% above
US avg: $1,163/mo
Homeownership Rate
71.3%
9% above US avg (65.4%)
Total Housing Units
3,063
Median year built: 1997

Home Value by Source

Census Median
$245,100
Zillow (ZHVI)
$342,755
Median Sale Price
$277,825
Median List Price
$325,000
Census ACS, Zillow ZHVI, Redfin median sale price

Ownership vs. Renting

71.3%
Owner-Occupied
28.7%
Renter-Occupied
71%
29%
US avg: 65.4% owner-occupied

Fair Market Rents (HUD FY2026)

Studio
$887/mo
1 Bedroom
$935/mo
2 Bedroom
$1,149/mo
3 Bedroom
$1,497/mo
4 Bedroom
$1,733/mo
Census median rent: $1,507/mo

Market Indicators (Redfin)

Median Days on Market
98 days
Sale-to-List Ratio
0.9%
Buyers market
Homes Sold
4
Price Drops
34.8%
of listings with price reduction
Price Per Sq Ft
$180
Active Inventory
23
homes for sale

Affordability & Housing Stock

Rent Burden
35.1%
of renters spending 30%+ of income on housing
13% above US avg (31.0%)
Median Year Built
1997
Average age of housing stock: 29 years
Homeownership Rate
71.3%

Complete Housing Data

Home Values

Census Median Value$245,100
Zillow Home Value (ZHVI)$342,755
Median Sale Price$277,825
Median List Price$325,000
Price Per Sq Ft$180

Rent

Census Median Rent$1,507
FMR Studio$887
FMR 1-Bedroom$935
FMR 2-Bedroom$1,149
FMR 3-Bedroom$1,497
FMR 4-Bedroom$1,733

Market

Days on Market98
Sale-to-List Ratio0.9%
Price Drops34.8%
Homes Sold4
Active Inventory23
Price Per Sq Ft$180

Ownership & Stock

Owner-Occupied71.3%
Renter-Occupied28.7%
Homeownership Rate71.3%
Total Housing Units3,063
Median Year Built1997
Rent Burden35.1%