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Lake West

NeighborhoodThe kind of area this report covers. Neighborhood areas nest inside each other, from broad districts down to small pockets.Texas
$94K
Median sale priceThe middle sale price each month, counting normal open-market sales. The average runs above the median when a few expensive sales pull it up. Bars show how many homes sold.
2
Sales (12 mo)How many homes sold here in the last 12 months. More sales make the other numbers more reliable.
$273K
Median valueThe middle estimated value of all homes here, not just the ones that recently sold.

Deed records through Oct 2016 · Quarterly intervals (lower sales volume)Counties take time to publish deeds, so the newest months can be incomplete and may shift as more records arrive.

Housing Stock

HomesHow many homes we have records for in this area.698
Median value (AVM)The middle estimated value of all homes here, not just the ones that recently sold.$273K
Median sizeThe middle home size here, measured in square feet.1,464 ft²
Median bedroomsThe middle bedroom count for homes here.3
Median year builtThe middle build year for homes here. A recent year means most housing is newer.2002
Single familyThe share of homes here that are single-family houses.99%

Equity & Ownership

Equity rich (LTV ≤ 50%)The share of owners who owe half or less of what their home is worth, meaning they hold a lot of equity.62%
Underwater (LTV ≥ 125%)The share of owners who owe at least 25% more than their home is worth.2.1%
Owner occupiedThe share of homes lived in by their owner rather than rented out or left empty.76%
Company ownedThe share of homes owned by a company or trust instead of a person.16%
Median loan-to-valueThe middle share of home value still owed on loans across all owners here.38%
Typical ownership tenureHow long the typical owner here has held their home.17.6 yrs

CommunityThese are comparison scores, not percentages. 100 equals the national average, so 150 means about 50% above average.

CrimeLocal crime compared with the rest of the country, where 100 is average. It reflects things like population density, income, and how crime gets reported.190
Air pollutionOverall air pollution compared with the rest of the country, where 100 is average. Lower is cleaner.102
EarthquakeEarthquake risk and likely building damage compared with the rest of the country, where 100 is average. Scores can run far above 100.23

Index scale: 100 = US average (tick). Lower is better.

Homes occupiedThe share of homes here that someone lives in. The rest sit empty, including vacation and for-sale homes.99%
Bachelor's or higherThe share of adults 25 and older whose highest degree is a bachelor's degree.15%
Poverty rateThe share of people whose household income falls below the federal poverty line, which varies by family size.25%
UnemploymentThe share of men 16 and older who are out of work and actively looking. Only men are counted in this figure.1.0%
PopulationHow many people live in this area.3,519
DensityPeople per square mile. Higher numbers mean a more crowded, urban area.2,924 / mi²
Median household incomeThe middle household income here — half of households earn more, half earn less.$36K
Average household incomeThe average household income. It runs higher than the median when a few high earners pull it up.$54K
Average tempThe average temperature here across a full year.66°F
Annual precipHow much rain and melted snow falls here in a typical year.38 in
SunshineThe share of daylight hours that get direct sun in a typical year, counting cloud cover.62%

How Lake West compares

By median home value, Lake West is the 486th most expensive of 757 neighborhoods in Dallas County, and its typical home is worth more than 36% of all homes in Dallas County.

Home values in Lake West

Share of homes at each estimated value.

Median
$104K$486K
neighborhoods in Dallas County ranked by median home value
#Dallas CountyMedian valueHomes
1Mayflower Estates$5.2M131
2Highland Park$3.6M3,450
3Dallas Arts District$3.3M216
4Greenway Parks$3.2M290
5University Park$2.9M6,424
6Preston Hollow North$2.7M1,223
7Royal Northaven$2.7M453
8Northern Hills$2.6M198
9White Rock$2.5M368
10Caruth Hills$2.3M1,297
11Glen Abbey$2.3M183
12Russwood Acres$2.2M201
13Devonshire$2.2M726
14Forest Court$2.2M507
15Royalwood Estate$1.9M703
16Bluffview$1.9M961
17Preston Royal$1.7M455
18Hockaday$1.7M452
19Forest Hills$1.6M588
20Churchill Way$1.6M170
21Glen Lakes$1.5M287
22Preston Citadel$1.5M598
23Willowgate$1.5M368
24Hillcrest Forest$1.4M2,284
486Lake West$273K698

757 neighborhoods in Dallas County are ranked; the most valuable are listed here.

About the Lake West market

What is the median home price in Lake West, TX?

The median sale price in Lake West, TX is $93,500 (data through October 2016), based on deeds recorded with the county.

How many homes sell in Lake West, TX each year?

2 homes sold in Lake West, TX over the last 12 months (data through October 2016). TopHap counts recorded arm's-length deeds, not listings, so the figure is not affected by which brokerage handled the sale.

How many homes are there in Lake West, TX?

Lake West, TX contains 698 residential properties, with a median of 1,464 square feet, 3 bedrooms, built around 2002. The median TopHap Estimate is $273K.

How does Lake West, TX compare to the rest of Dallas County?

By median home value, Lake West, TX is the 486th most expensive of 757 neighborhoods in Dallas County. Its typical home is worth more than 36% of all homes in Dallas County. The ranking is rebuilt nightly from the county assessor record of every home in each area.

Do people own or rent in Lake West, TX?

76% of homes in Lake West, TX are owner-occupied. 16% are held by a company rather than an individual.

How much equity do owners in Lake West, TX hold?

62% of mortgaged homes in Lake West, TX are equity-rich, meaning the loan balance is under half the home's value. 2.1% owe more than the home is worth.

Nearby markets

Browse addresses

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Explore Lake West on the map

See every recorded sale, price heat map, school zone and flood overlay across Lake West in TopHap’s interactive 3D map.

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A flyover of TopHap's photorealistic 3D map, with recorded sale prices pinned to homes
Search any address, city, zip, or county…3D$1.9M$6.25MOpen in map