Comparing Real Estate in Highland Village, TX and Highland Park

by Jay Marks

Buyers looking at the Dallas-Fort Worth metroplex tend to weigh the pros and cons of living in Highland Village, TX and other suburbs based on commute times, home prices, and lot sizes. Highland Village, TX and Highland Park represent two genuinely different markets within the same region - one sitting just outside the downtown core, the other far enough north that Lewisville Lake is practically a backyard amenity.

The decision between the two almost always comes down to budget and daily logistics. Highland Park commands some of the highest real estate prices in Texas because of how close it sits to the city center. Highland Village gives you larger lots and lake access at a lower price point, but you're trading that for a longer drive if downtown is where you work.

Location and Geography in the Metroplex

Highland Park is directly adjacent to Downtown Dallas - roughly four miles north of the central business district, sitting entirely within Dallas County, bordered by the Dallas North Tollway and US-75. You're not commuting to the city from here; you're already in it.

Highland Village is a different situation entirely. It's positioned about 32 miles northwest of Downtown Dallas in Denton County, with Lewisville Lake along its borders. That geographic footprint shapes everything about how the area feels and who it appeals to. Buyers looking here generally want space, not immediacy.

Dallas County vs Denton County

Highland Park's placement in Dallas County means it's fully woven into the urban infrastructure of Dallas. The city runs its own municipal services, but the physical environment is dense - landlocked by surrounding neighborhoods with very little room left for new residential development.

Denton County gives Highland Village a more traditional suburban layout: winding residential streets, dedicated green spaces, and natural contours shaped by the lake nearby. There's simply more physical distance between you and everything commercial, and for many buyers that's exactly the point.

Home Prices, Property Types, and Taxes

Recent market data puts the median sale price in Highland Village at roughly $588,610, with homes averaging 25 days on the market. Inventory sits at about 48 available homes - a 2.3-month supply - and properties are generally selling for about 99% of list price. It's a competitive suburban market without being chaotic.

Highland Park is a different conversation. Mid-2026 data shows a median sale price exceeding $4 million, with active listings frequently approaching $4.89 million. Sales volume is lower, the price points are among the highest in Texas, and buyers here understand exactly what they're paying for.

Lot Sizes and Architectural Styles

Highland Village is primarily suburban single-family homes on generous lots - traditional brick construction from recent decades, room for private pools, large patios, the standard suburban wish list. The inventory is well-suited to buyers who know what they want and don't need it to be custom.

Highland Park runs toward luxury estates, historic properties, and custom builds. Because the area is landlocked, lots are generally smaller than what you'd find in outer suburbs - but the homes themselves are often expansive, and buyers pay accordingly for every square foot they get.

Property Tax Rate Differences

Highland Park carries a city tax rate of $0.199296 per $100 of assessed valuation - the lowest of any Dallas County city. Don't let that impress you too quickly, though. The Highland Park Independent School District adds about $0.835 per $100, and depending on exemptions, effective combined rates run from 1.09% up to 3.1%. On a $4 million property, that math adds up fast.

Highland Village approved a city tax rate of $0.528541 per $100 for the 2026-2027 fiscal year. Factor in Denton County and local school district taxes and the median effective rate lands around 1.60% to 1.71%. Either way, run the actual numbers for any specific property before you finalize your budget.

Commute Times and Transportation

From Highland Park to Downtown Dallas, you're looking at 10 to 15 minutes. The neighborhood sits between the Dallas North Tollway and North Central Expressway (US-75), and that access to the central business district is a primary reason buyers target it in the first place.

Highland Village is a longer story. At 32 miles from downtown, the drive runs 35 to 55 minutes under normal conditions via I-35E or the Dallas North Tollway. During peak rush hour, southbound traffic on I-35E can stretch that to 75 to 90 minutes. That's not a dealbreaker for everyone, but it's a real variable worth thinking through before you commit.

Highway and Transit Access

Most Highland Village residents drive. There is a public transit option - the A-train connecting to the DART Green Line - but it requires transfers and takes over an hour to reach downtown. For people who prefer not to drive, that's worth knowing upfront.

Highland Park residents rarely need public transit given how close the major thoroughfares put them to downtown. Highway access also makes the rest of Dallas County reasonably easy to reach.

Outdoor Recreation and Local Shopping

Highland Village's proximity to Lewisville Lake is a genuine amenity. Boating, water recreation, local trail systems that connect residential neighborhoods to the waterfront - these things shape how people spend their weekends here.

Highland Park takes a different approach to outdoor space. There's no large natural lake, but the municipal parks are extensively landscaped and the walking paths are well-maintained. The commercial centers serve as the main gathering points, and for a lot of buyers that's more than enough.

Retail at Highland Park Village

Highland Park Village is the primary shopping destination in the neighborhood - luxury boutiques, fine dining, upscale services, all within a short distance of residential streets. If walkable high-end retail matters to you, it's hard to beat the proximity.

Highland Village has solid suburban retail along the main corridors - grocery stores, standard shopping centers, the practical stuff. For luxury shopping comparable to Highland Park, residents typically drive further into Dallas or nearby Frisco.

Frequently Asked Questions

What is the difference in home prices between Highland Village, TX and Highland Park?

It's substantial. The median sale price in Highland Village was roughly $588,610 recently. Highland Park median sale prices often exceed $4 million, which puts it among the most expensive markets in Texas.

How far is Highland Village, TX from Highland Park?

Highland Park sits about four miles north of Downtown Dallas. Highland Village is approximately 32 miles northwest of the downtown area. Traveling between the two, you'll cover most of that distance via I-35E or the Dallas North Tollway.

Which area has larger lot sizes, Highland Village, TX or Highland Park?

Highland Village generally offers larger lots. Highland Park is landlocked by surrounding Dallas neighborhoods, so its lots tend to be smaller and more densely developed. Highland Village has the more traditional suburban layout with generous yard space.

Which neighborhood offers a faster commute to Downtown Dallas, Highland Village, TX or Highland Park?

Highland Park, and it's not close. The drive from Highland Park typically takes 10 to 15 minutes via the Dallas North Tollway or US-75. From Highland Village, you're looking at 35 to 55 minutes in normal conditions - and up to 90 minutes during rush hour.

How do property tax rates compare between Highland Village, TX and Highland Park?

It depends on which rate you're looking at. Highland Park has a very low city tax rate of $0.199296 per $100, but school district taxes push the effective rate anywhere from 1.09% to 3.1%. Highland Village carries a higher city rate of $0.528541 per $100, with a median effective combined rate around 1.60% to 1.71%.

What are the main differences in outdoor recreation and lake access between Highland Village, TX and Highland Park?

Highland Village has direct access to Lewisville Lake for boating, plus local trail systems connecting to the waterfront. Highland Park doesn't have a large natural lake - it offers manicured municipal parks and walking paths instead. Buyers who want water recreation will find Highland Village the more practical choice.

Jay Marks

Jay Marks

Broker Texas 0448337Oklahoma 119688

+1(817) 477-9050

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