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Geographical/Demographic Information

Dallas makes up one-fifth of the area known as the Dallas–Fort Worth Metroplex, in which one quarter of all Texans live. Dallas has a population is 1,241,162 and the median house value is $122,800.

Today, Dallas is home to billion dollar companies such as Neiman Marcus, Southwest Airlines, Texas Instruments, and ExxonMobil. Dallas ranks high as an insurance and oil industry center, has a large concentration of corporate headquarters, and manufacturing and technology companies.

In fact, 43% of all high-tech workers live within the Dallas-Fort Worth Metroplex. Someone has actually dubbed this region “Silicon Prairie.” Real estate and tourism are other major industry sectors in Dallas.

Most people in the city of Dallas are located within the Dallas Independent School District, the 12th-largest school district in the United States. The school district operates independently of the city and enrolls over 161,000 students. In 2006, 2007, and 2009 one of the district’s magnet schools, The School for the Talented and Gifted in Oak Cliff, was named the best public school in the United States by Newsweek. Another one of DISD’s schools, the Science and Engineering Magnet, placed 8th in the same 2006 survey and moved up to the No. 2 spot the following year. Other Dallas high schools named to the list were Hillcrest, W. T. White, Williams Preparatory, and Woodrow Wilson.

There are several private schools in Dallas, such as St. Mark’s School of Texas, The Hockaday School, Greenhill School, Burton Adventist Academy, Ursuline Academy of Dallas, Jesuit College Preparatory School of Dallas, and many more.

History/Interesting Facts about Dallas
Dallas started as a fledgling frontier trading post in 1841. John Neely Bryan, a lawyer from Tennessee, settled on a small bluff above Trinity River to open a trading post and lay claim to free land. In 1849 Dallas County was created, named after George Mifflin Dallas, a supporter of the annexation of Texas and Vice President to James Knox Polk.

By 1920 Dallas was the largest cotton trading post in the nation. Bonnie and Clyde were Depression-era residents of Dallas. In 1963, Dallas garnered unwanted attention when President John F Kennedy was assassinated while driving in a presidential motorcade through Dealey Plaza in downtown Dallas.

In the 1980’s, after the real estate bust, companies took advantage of low real estate prices. By 1990, Dallas ranked first in the country for number of new or expanded corporate facilities. The City of Dallas maintains and operates 406 parks over a sprawling 21,000 acres. Its flagship park is the 260-acre Fair Park, which hosted the Texas Centennial Exposition in 1936. The city’s parks contain 17 separate lakes, including White Rock and Bachman lakes. In addition, Dallas has 61.6 miles of biking and jogging trails, including the Katy Trail.

The city is also home to Texas’ first and largest zoo, the 95 acres Dallas Zoo, which opened in 1888.

The most notable event held in Dallas is the State Fair of Texas, which has been held annually at Fair Park since 1886. The fair is a massive event, bringing in an estimated $350 million to the city’s economy each year. The Red River Shootout, which pits the University of Texas at Austin against The University of Oklahoma at the Cotton Bowl also brings significant crowds to the city.

Notable Areas of Dallas
Downtown Dallas – Downtown Dallas, along with Oak Lawn and Uptown, is an area characterized by dense retail, restaurants, and nightlife. Downtown Dallas has a variety of named districts, including the West End Historic District, the Arts District, the Main Street District, Farmers Market District, the City Center business district, the Convention Center District, and the Reunion District.

Arts District – The Arts District in the northern section of Downtown is home to several arts venues, both existing and proposed. Notable venues in the district include the Dallas Museum of Art, the Morton H. Meyerson Symphony Center home to the Dallas Symphony Orchestra and Dallas Wind Symphony, The Trammell & Margaret Crow Collection of Asian Art, the Nasher Sculpture Center, and The Dallas Children’s Theater.

“Hot spots” north of Downtown include Uptown, Victory Park, Oak Lawn, Turtle Creek, Cityplace and West Village.

East Dallas is home to Deep Ellum, a trendy arts area close to Downtown, the homey Lakewood neighborhood, historic Vickery Place and Bryan Place, and the architecturally significant neighborhoods of Swiss Avenue and Munger Place Historic District, which has one of the largest collections of Frank Lloyd Wright-inspired Prairie-style homes in the United States.
North of the Park Cities is Preston Hollow, home to Texas’ wealthiest residents, as well as the most expensive homes in the state. The area is also provides several high-end shopping options including Galleria Dallas, North Park, and Highland Park Village.

Dallas is further surrounded by many suburbs and includes three enclaves within the city boundaries—Cockrell Hill, Highland Park, and University Park.

Ashoka Lion Property Management Company has extensive knowledge of real estate in Dallas and its surrounding areas. Ashoka Lion Property Management helps investors buy, sell, and manage properties, and optimize profitability while seeing to the needs of their tenants. An experienced real estate agent from the Lion Real Estate Group can also help prospective renters or homeowners search for homes to rent, lease or buy within the Dallas area.