of Life in Dallas
Dallas is located in the Central Time Zone, 35 miles east of Fort Worth,
245 miles north/northwest of Houston and 300 miles north of the Gulf of
Mexico, near the headwaters of the Trinity River. The altitude in Dallas
County ranges from 382 feet to more than 800 feet.
Dallas has a Council/City Manager form of government that is strongly pro-business.
The Dallas City Council consists of 15 members - 14 elected by single-member
districts and a mayor elected at large. The Council sets policy and hires
the City Manager who serves as chief administrative officer.
"Number 1 Best
City for Business" -- Fortune Magazine 1999
One of the 10 best
U.S. cities to balance work and family life -- Fortune Magazine for eight
The 2nd Most Wired
City in the Nation -- Business Facilities 2001
"Best Managed City" -- Texas Business Magazine 1995
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The Dallas/Fort Worth Consolidated Metropolitan Statistical Area (CMSA),
commonly referred to as "The Metroplex," consists of two Primary Metropolitan
Statistical Areas (PMSAs):
- The Dallas PMSA,
which includes Collin, Dallas, Denton, Ellis, Henderson, Hunt, Kaufman
and Rockwall counties.
- The Fort Worth
PMSA, which includes Hood, Johnson, Parker and Tarrant counties.
January 1, 1999 population
Median age of population: 32.8
Number of Households: 422,800
1999 Survey of Buying Power, Sales & Marketing Management)
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Dallas climate has a warm, sunny climate with an average of 135 cloudless
days per year. The average relative humidity is 69 percent and the average
rainfall is 33.70 inches per year. The average annual temperature is 68
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There are 31 colleges and universities located within a 30-mile radius
of downtown Dallas which provide diverse learning and research opportunities
and attract students from all over the world. If traditional academic
institutions aren't exactly what you're looking for, there are also more
than 100 technical and vocational schools in the area. And Dallas is home
to many nationally known teaching and research universities. The prestigious
list includes the University of Texas Southwestern Medical Center (four
Nobel Prize laureate on staff and faculty), Texas A & M University System,
Baylor College of Dentistry, Baylor University School of Nursing and Texas
Women's University Institute of Health Science. In addition to all these
options, there are a multitude of continuing education classes offered
throughout the city.
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Those who appreciate art, music, and theater know that Dallas has evolved
into a world-class city for culture, as well as for dining, shopping,
and entertainment. The Dallas Arts District, 60 acres in downtown Dallas
developed through public/private funding, is the largest downtown arts
district in the country. There are ten organizations thriving within the
district, among them the Dallas Museum of Art, the Dallas Theater Center,
and the Meyerson Symphony Center.
Outside of the District lies Deep Ellum, a unique neighborhood where Dallas'
unique bands, artists, and chefs create trends that reverberate throughout
the country. It's from the sidewalk terraces in this district that you
can watch and listen to the area arts scene evolve.
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The Dallas Park and Recreation Department oversees for approximately 21,782
park acres in 336 parks and provides a host of recreational activities
for all ages at numerous recreational and athletic facilities. Sporting
clubs for every kind of enthusiast abound, offering such activities as
auto racing, bicycling, golf, tennis, lacrosse, gymnastics, scuba diving,
sailing, soccer, skydiving, swimming and polo.
In addition to amateurs, the city has some of the most popular professional
sports (and some of the most enthusiastic fans) in the country. Dallas
is one of the great sports cities - number two in the nation according
to Sporting News (1999). The Dallas Cowboys are the only National League
Football team to appear in eight Super Bowls. The new American Airlines
Center houses the Stanely Cup Champion Dallas Stars hockey team and the
Dallas Mavericks basketball organization. The Texas Rangers, whose Ballpark
is located in nearby Arlington, won the 1996 and 1998 American League
Western Division Championships in baseball. Dallas is also home to two
major league soccer teams - the Dallas Sidekicks and the Dallas Burn.
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No personal or corporate state income tax!
City of Dallas
per $1,000 of net taxable capital
4.5% of net taxable earned surplus
general entry rate on first $9,000 of earnings
six quarters, experience rate of .35% up to 6.35% on first $9,000
of gross earnings, based on company history
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Dallas has a wide variety of housing options, from apartments to remodeled
warehouse lofts, and all of them are linked to the rest of the city by
the Dallas Area Rapid Transit system.
From grassy, tree-lined
neighborhoods to sophisticated apartment living near the downtown area,
Dallas offers appealing lifestyles for virtually everyone, at comparatively
low costs. In fact, the October 10, 1997, Kiplinger Washington Letter
mentioned Dallas first in the top five big-city markets where the consumer
can get the most for his housing dollar.
Housing is available
in every form, fashion and price range. Single-family homes represent
the majority of living structures in Dallas, including wood frame homes
and small brick and native stone homes built in the 1930s and 1940s; the
large, rambling, single-story ranch style homes that were popular in the
1950s, 1960s and 1970s; and contemporary styles.
Zero lot line/garden
homes are generally found in areas where land is more expensive. The result
is large homes built on small lots, maximizing the use of available land.
Duplexes, townhomes, apartments, high-rise living or retirement centers
abound in the city. What surprises most people is the affordability and
value of housing in Dallas.
The National Association
of Homebuilders (NAHB) elected to hold its 1998, 1999 and 2000 conventions
in Dallas because of all it has to offer. New home sales remain strong
due to job growth and immigration, with $153,000 as the median price for
a new home. Sales of existing homes in Dallas during 1995 were at their
highest level in more than a decade.
Texas has a strong
Homestead Law that protects homeowners from foreclosure on their primary
residence for minor debts. A major recent revision in the law permits
home equity loans against a homestead, but only on the equity above 20
percent held in the property. Most taxing authorities offer a small property
tax break to owners who file a homestead exemption with the County Tax
Assessor's office between January 1 and May 1.
There are many neighborhoods with an endless variety of architectural
styles and amenities from which to choose. The following highlights several
Dallas communities where a new resident can select from homes in various
to see a map of Dallas neighborhoods.
This neighborhood near Inwood and Lovers Lane with its hills and creeks
is the closest thing to Austin in Dallas. The least expensive homes were
built in the 1940s.
2. Buckner Terrace/Everglade
Buckner Terrace/Everglade Park has custom homes built from the early 1970s
to the 1980s, with some construction still under way. Just west of Eastpoint
Business Park, the area is adjacent to office and retail space, a library
and tennis and swimming facilities. With White Rock Lake just five miles
away, this area offers quiet, isolated living within the city limits and
an easy commute to downtown Dallas.
3. Casa Linda/Casa
Stretching from the eastern shore of White Rock Lake to the Garland and
Mesquite city limits are these two well-established areas. Single-family
brick and woodframe houses dominate the scene, graced by large, native
trees along winding streets. Residents enjoy lakeside recreation, easy
downtown access and exceptional local shopping.
4. Cedar Crest
These three distinct neighborhoods are adjacent to schools, churches,
a park, a golf course and shops. Built in the 1950s and 1960s, Cedar Crest
Addition is comprised of brick and masonry homes set back on chalk cliffs
among tree-lined streets overlooking the Dallas skyline. Cedar Crest Country
Club Estates, the newest of the three areas, is nestled among the towering
oak and pine trees surrounding the Cedar Crest Country Club Golf Course.
Cedar Crest Village, also built in the 1950s and 1960s, is adjacent to
Lancaster-Kiest Shopping Center and is close to the Oak Cliff Light Rail
project. Just minutes from the R.L. Thornton Freeway, these neighborhoods
provide quick and easy access to downtown and Fair Park.
5. Cockrell Hill
A compact area of just one square mile, this residential haven is nestled
in southwest Dallas on Jefferson Boulevard. Easy access to the western
portion of the Metroplex via Loop 12 and Highway 80 gives it an enviable
central location. Nearby are the recreational opportunities of Mountain
Creek Lake, sports arenas and the regional shopping facilities of Wynnewood
Village. Dallas schools provide a quality education to area youth.
6. Coronado Hills
Also known as the C Streets and Gastonwood, this heavily treed neighborhood
is sandwiched between Highland Park and Lakewood. The homes were built
pre- and post-World War II, and architectural styles run from Tudor to
7. East Dallas
Dating back to the late 1800s this long-established area is not only a
source of pride for its residents but is revered as a strong asset within
the framework of Greater Dallas. Condominiums mix with single-family houses
that reflect a variety of architecture styles and the spirit of the historic
periods in which they were built.
8. Five Mile Creek
A winding creek, chalk hills and lots of trees add to this quiet, well-established
Oak Cliff neighborhood. Brick and stucco homes are built on large lots
and well set back among streets with numerous cul-de-sacs. Close to shopping,
schools, major freeways and a community hospital, Five Mile Creek is a
great area for families. Kiest Park offers jogging, recreational facilities
and various cultural events all within easy walking distance. Redbird
Airport and Southwest Center Mall are close by.
9. Forest Hills/Little
The houses on the market in this neighborhood east of White Rock Lake
were built from 1939 to 1965, with most dating back to the 1950s. The
older homes are quite expensive, on large lots lining graceful boulevards.
There is some new construction, both sections boast huge old trees up
to 90 feet tall.
10. Greenway Parks
Convenient to Love Field and west of the Park Cities is the desirable
neighborhood of Greenway Parks. As one of the more prestigious residential
choices in the Dallas area, Greenway Parks offers large, luxurious homes
with traditional architecture, lush landscaping, guesthouses and sprawling
11. Hollywood Heights
In this lovely neighborhood off East Grand Avenue near Lakewood, most
homes were built between 1913 and the 1950s, with some newer homes built
in the 1980s. The architecture is primarily English Tudor, and the character
must be maintained from the street regardless of substantial redo work.
12. Kessler Park and
Two of Dallas' most exclusive and desirable neighborhoods are located
just five minutes from downtown. Both offer uniquely attractive housing
opportunities, massive shade trees, and rolling hills. Residents enjoy
the close proximity of the city.
13. Lake Highlands
Many newcomers are attracted to this scenic area adjacent to White Rock
Lake for its family-oriented and relaxed atmosphere. Some great values
for big houses include 4-bedroom homes built in the 1970s with a sprinkling
of 1997 homes.
14. Lakewood (includes
Directly west of White Rock Lake, Lakewood is popular with downtown professionals
and those employed at nearby Baylor Medical Center. This area of rolling
hills and lush trees has kept its small town atmosphere and community
spirit. The charming housing mixture combines quaint cottages set back
from quiet, shady streets with large magnificent homes along impressive
15. M Streets
The M Streets are high on charm and low on bathrooms, but the convenient
location (only a few minutes from downtown) keeps the young couples happy.
Here you'll find mostly three-bedroom cottages built in the mid- to late
16. Mountain Creek
Known for its beautiful custom homes, dramatic hills, limestone cliffs
and sparkling recreational lakes, Mountain Creek is just minutes southwest
of downtown. The 3,600-acres master-planned community is adjacent to two
large lakes, Mountain Creek Lake and Joe Pool Lake, a 7,500-acre Corp
of Engineers project. Besides its proximity to fishing, boating, marinas,
camping, nature trails, playgrounds and wildlife reserves, Mountain Creek
is close to good schools and has many of the amenities of the city just
a short drive away.
17. North Dallas (Walnut
Hill to LBJ; Midway to Hillcrest)
Lots of teardowns make way for new construction in one of the city's most
affluent and established neighborhoods. Most are single-family homes of
traditional styles, but a variety of garden homes, duplexes, apartments,
condominiums, high rises and retirement centers are available. More than
30 private schools and excellent public schools serve the area, which
is near some of the best shopping in town.
18. Far North Dallas
A history of real estate booms have infused real distinction into every
neighborhood within the Far North Dallas area, which begins north of the
LBJ freeway. Much of the abundant quality housing was developed when DFW
Airport opened. Glamorous shopping centers and convenient strip plazas
offer convenience and countless retail options. The transportation efficiencies
of DART complement this fast-paced area.
19. Northeast Dallas/White
Once characterized by sprawling multi-family complexes such as The Village,
Northeast Dallas now offers an abundance of single-family dwellings. This
area has some of the best housing values in Greater Dallas, including
lovely lakefront homes and well-crafted older homes ideal for remodeling.
20. Northwest Dallas/Love
The revitalization of Love Field and the phenomenal success of Southwest
Airlines have infused new life into the Northwest Dallas and Love Field
areas. Housing options here mix small cottages with handsome, two-story
homes that offer plentiful space for growing families. The shade of tall
pecan and oak trees graces many winding streets for a romantic effect.
Retail expansion has accompanied the residential renovation.
21. Oak Cliff
Massive shade trees, rolling hills, and spectacular views of the Dallas
skyline are found here in one of the city's more established neighborhoods.
Many young families are drawn to this area for its civic pride. A short,
pleasant commute to the downtown area adds to the area's allure.
22. Oak Lawn
Affording a vibrant, dynamic, "inner-city" lifestyle, Oak Lawn
enjoys an enviable location beside the serene and gently winding Turtle
Creek. A combination of high-rise condominiums and apartments offers breathtaking
views of the creek and surrounding greenery. There is a kaleidoscope of
entertainment and cultural delights, including the famous Dallas Theatre
Center designed by Frank Lloyd Wright.
Just two miles southeast of downtown, the Piedmont Edition is nestled
among rolling hills, stately pecan and oak trees. This neighborhood offers
a panoramic view of downtown that is breathtaking, especially at sunset.
Most of the homes are of brick construction and were built in the early
to mid-1950s. This neighborhood is close to Grover Keeton Municipal Golf
Course, schools and parks with soccer fields and tennis courts. Nearby
is the White Rock Creek area.
24. Preston Hollow
Preston Hollow's residential areas began being developed in the 1950s,
and some of those homes are now being torn down for new construction.
In the Estate Area, homes the size of castles are going up on one-acre
lots and larger. The neighborhood is blessed with lots of mature trees,
giving it a country lane type feeling. Residents enjoy proximity to private
schools as well as Hillcrest High School, upscale shopping, restaurants
and downtown Dallas.
25. Pleasant Grove
An expansive revitalization campaign is evident throughout this well-established
Dallas suburb, positively affecting neighborhoods as well as shopping
centers and retail strips. New home construction has been stimulated as
26. Red Bird
Large, custom-built homes surround the Oak Cliff Country Club in this
beautiful, serene Oak Cliff area. Gently sloping landscapes offer a panorama
of trees, flowers and shrubs throughout the winding, tree-lined streets.
This is one of the most stable, affluent neighborhoods in southern Dallas.
Close to major retail, restaurants and I-20, the Redbird neighborhood
offers optimum housing opportunities for families wanting homes with extraordinary
elegance and style.
27. Riverway Estates/Bruton
Newer custom homes hear a large park, a winding creek, and walking trails
are the hallmarks of one of southeast Dallas' most beautiful neighborhoods.
Cedar and oak trees make Riverway Estates and Bruton Terrace a serene
place to call home. Close to schools, churches and I-635, the neighborhoods
are only 10 minutes from downtown. This is an area where affordable homes
are a reality, and a slow pace is a way of life.
28. South Boulevard/Park
Row Historic District
Just two miles from downtown near Fair Park, this is an area reminiscent
of the stylist 1900s architectures. Midwestern Prairie, Mission Revival,
Georgian Revival and Neo-Classical styles are all amply represented. Broad
streets, generous setbacks and carefully landscaped lawns are evident
in Dallas' second historic Landmark District.
29. South Dallas/Fair
The popularity of this area is enhanced by a variety of cultural and entertainment
delights and transportation efficiencies. Toward the east is a pleasing
mixture of single-family homes and well-developed retail activity. Multi-family
complexes, as well as commercial and industrial development, characterize
the areas closest to downtown. Local attractions include the Dallas Museum
of Natural History, the Women's Museum, the African-American Museum, the
Dallas Aquarium, Fair Park Music Hall and many more.
Urbandale/Parkdale was one of the earliest areas to be developed east
of downtown. The area was settled when southeast Dallas was mostly farmland.
Home styles range from ranch style brick to Austin stone homes of the
1950s and 1960s. Urbandale/Parkdale is definitely for the homebuyer who
is interested in obtaining a bit of history along with his residence.
31. West Dallas
West Dallas neighborhoods are beautified, safe and provide affordable
housing opportunities within a healthy environment. Boulevards connect
community activity centers where shops, restaurants, public facilities,
churches and open spaces are available. Hike and bike trails linking West
Dallas communities to the Trinity River and the proposed Trinity Park
will soon be realized.
32. Winnetka Heights
This historic neighborhood has a strong homeowners association and a fierce
loyalty to the preservation of its charm. Most houses were built between
1916 and 1949, and have been fully restored. Distinctive cottages and
craftsman-style homes are located near the Jefferson Avenue business corridor,
which contains antique commercial and retail buildings.
33. Wolf Creek
Boasting convenient access off Midway Road to the North Dallas Tollway
and Legacy Park in Plano, Wolf Creek offers more modest price ranges for
homes that are less than five years of age. A pretty entrance, lakeside
lots and a new phase of builder homes are the attractions.
34. Wynnewood North
Built primarily in the late 1950s to mid-1960s, Wynnewood North is a quality
neighborhood offering a variety of housing opportunities. Most of the
homes are of brick construction. Among some of the older, custom-built
homes in this sedate neighborhood lies a two-acre manmade lake surrounded
by oak trees. Nearby parks, professional tennis facilities, jogging trails
and a family-based community all combine to make this a good place to
call home. Nearby is the historic Wynnewood Village Shopping Center, composed
of more than 80 stores and a professional building.
Housing within Dallas' downtown freeway loop is becoming a reality.
The City has adopted a new intown
housing policy, which will aggressively promote residential redevelopment
in Dallas' central city. The package includes numerous incentives for
intown development including tax abatements and low-interest interim financing
for qualified projects. To date, there are more than 21,000 residents
living within a one mile radius of
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to Remember about Quality of Life in the Development Process
- Try to find ways
to give back to your market in order to ensure continued growth. As
a developer or entrepreneur, consider the surrounding community; any
project that consumes more resources than it offers could easily dry
up its own market.
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