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Park Place

NeighborhoodThe kind of area this report covers. Neighborhood areas nest inside each other, from broad districts down to small pockets.Texas
$903K
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.
6
Sales (12 mo)How many homes sold here in the last 12 months. More sales make the other numbers more reliable.
$1.2M
Median valueThe middle estimated value of all homes here, not just the ones that recently sold.

Deed records through Apr 2026 · 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.

Market Trends

Sale pricesThe 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.MedianSales
2017202020212026
Price per square footThe middle price per square foot, for sales where the size is known. It adjusts for homes being different sizes.$/ft²
2017202020212026
Annual turnover (share of homes sold)The share of all homes here that sold in the trailing 12 months. Higher turnover means a more liquid market where homes trade hands more often.Turnover
2017202020212026
Buyer mixWho is buying. Cash means no mortgage was recorded, investor means the buyer looked like an investor, and flip means the home resold within a year.CashInvestorFlip resale
2017202020212026
Financing (share of purchase price)For buyers who borrowed: the middle share of the price they financed, and the middle share they paid up front.Loan (LTV)Down payment
2017202020212026
Preforeclosure filingsForeclosure notices filed each month. A rise can be an early sign that more owners are struggling. Auction stage counts the filings that reached a scheduled foreclosure auction.FilingsAuction stage
20192023

Housing Stock

HomesHow many homes we have records for in this area.781
Median value (AVM)The middle estimated value of all homes here, not just the ones that recently sold.$1.2M
Median sizeThe middle home size here, measured in square feet.4,011 ft²
Median bedroomsThe middle bedroom count for homes here.4
Median year builtThe middle build year for homes here. A recent year means most housing is newer.2017
Single familyThe share of homes here that are single-family houses.89%

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.52%
Underwater (LTV ≥ 125%)The share of owners who owe at least 25% more than their home is worth.0.8%
Owner occupiedThe share of homes lived in by their owner rather than rented out or left empty.92%
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.49%
Typical ownership tenureHow long the typical owner here has held their home.6.0 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.0
Air pollutionOverall air pollution compared with the rest of the country, where 100 is average. Lower is cleaner.103
EarthquakeEarthquake risk and likely building damage compared with the rest of the country, where 100 is average. Scores can run far above 100.28

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.91%
Bachelor's or higherThe share of adults 25 and older whose highest degree is a bachelor's degree.47%
Poverty rateThe share of people whose household income falls below the federal poverty line, which varies by family size.1.8%
UnemploymentThe share of men 16 and older who are out of work and actively looking. Only men are counted in this figure.1.4%
PopulationHow many people live in this area.3,440
DensityPeople per square mile. Higher numbers mean a more crowded, urban area.6,276 / mi²
Median household incomeThe middle household income here — half of households earn more, half earn less.$126K
Average household incomeThe average household income. It runs higher than the median when a few high earners pull it up.$142K
Average tempThe average temperature here across a full year.65°F
Annual precipHow much rain and melted snow falls here in a typical year.39 in
SunshineThe share of daylight hours that get direct sun in a typical year, counting cloud cover.62%

Market metrics are derived from recorded arms-length deeds and refreshed nightly. Temperature blends price momentum, sales velocity, turnover and resale outcomes, ranked against all neighborhoods nationally.

How Park Place compares

By median home value, Park Place is the 9th most expensive of 151 neighborhoods in Denton County, and its typical home is worth more than 96% of all homes in Denton County.

Home values in Park Place

Share of homes at each estimated value.

Median
$475K$1.6M
neighborhoods in Denton County ranked by median home value
#Denton CountyMedian valueHomes
1The Estates at Tour 18$2.2M158
2Clariden Ranch$2M179
3Shoal Creek$1.6M334
4River Oaks$1.5M130
5Hills of Kingswood$1.5M349
6Wichita Creek Estates$1.4M108
7Newman Village$1.3M717
8Stonebriar$1.2M1,380
9Park Place$1.2M781
10Estates in High Country$1.2M102
11Shaddock Creek$1.1M954
12Copper Canyon$1.1M710
13Eagles Landing$1M141
14Phillips Creek Ranch$1M2,129
15Warmington Meadows$992K162
16Hidden Valley Country Estates$980K192
17Hills at Prestonwood$978K839
18Sunrise Bay$938K215
19The Lakes on Legacy Drive$927K519
20Bridlewood$925K1,422
21Wichita Chase$919K205
22Kings Ridge$913K578
23Heritage Green$884K311
24Estates on Legacy Drive$878K191

151 neighborhoods in Denton County are ranked; the most valuable are listed here.

About the Park Place market

What is the median home price in Park Place, TX?

The median sale price in Park Place, TX is $903,070 (data through April 2026), based on deeds recorded with the county.

How many homes sell in Park Place, TX each year?

6 homes sold in Park Place, TX over the last 12 months (data through April 2026). 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 Park Place, TX?

Park Place, TX contains 781 residential properties, with a median of 4,011 square feet, 4 bedrooms, built around 2017. The median TopHap Estimate is $1.2M.

How does Park Place, TX compare to the rest of Denton County?

By median home value, Park Place, TX is the 9th most expensive of 151 neighborhoods in Denton County. Its typical home is worth more than 96% of all homes in Denton County. Stonebriar ranks just above it and Estates in High Country just below. The ranking is rebuilt nightly from the county assessor record of every home in each area.

Do people own or rent in Park Place, TX?

92% of homes in Park Place, TX are owner-occupied. 16% are held by a company rather than an individual.

How much equity do owners in Park Place, TX hold?

52% of mortgaged homes in Park Place, TX are equity-rich, meaning the loan balance is under half the home's value. 0.8% owe more than the home is worth.

Nearby markets

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Explore Park Place on the map

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

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