Eastwood is a neighborhood located in the East Dallas, TX area to the north and east of White Rock Lake and adjacent to the neighborhoods of Lochwood to the north and east, Old Lake Highlands to the north and west and Lake Park Estates to the south.  The neighborhood boundaries are Peavy Road to the southwest, Lake Highlands Road to the northwest, Easton Road to the northeast and Lake Gardens to the southeast.
View Eastwood Neighborhood Dallas, TX in a larger map

History of Eastwood

The residential subdivisions in the Eastwood area were developed during the early 1950s and continued until the late 1960s and feature many one and two story ranch-style homes and cottages.  Most of the homes were built on pier and beam foundations and many have hardwood floors.   The majority of single family homes in the area are between 2-4 bedrooms, 1-3 bathrooms and most have 1-2 car garages.  Some of the mid-century modern-style homes do not have garages, but most have carports.

Eastwood Voluntary Home Owner’s Association

A voluntary home owners association called the Eastwood Home Owners Association was formed in the late 1990s to serve the interests of residents in the Eastwood neighborhood.   The home owners association is very active in the community, hosting annual events such as the Neighborhood Night Out, an easter egg hunt, a July 4th parade and an annual picnic.  They also have a crime watch and events hotline (information in links at bottom of page).

Life in Eastwood

Residents of Eastwood enjoy the recreation and entertainment available in the East Dallas and White Rock Lake area, including:

  • White Rock Lake and surrounding parks.  Most areas of Eastwood are within one mile of the east shore of White Rock Lake.
  • The Lochwood Library  - A state of the art public library that’s located in the adjacent neighborhood of Lochwood.
  • Restaurants, shopping and entertainment are all very close by, including Good 2 Go Taco, a restaurant featured on the Food Network.   Eastwood is very close to Casa Linda Plaza, located at Buckner and Garland roads.
  • Eastwood Park, located in the neighborhood .
  • The neighborhood is known for its large, mature trees  – There are plenty of public areas available to walk your dogs and enjoy a stroll as well.

 

Lake Gardens - A street in Eastwood, Dallas, TX

Lake Gardens – A street in Eastwood, Dallas, TX

Eastwood Real Estate Market Data and Charts

The Eastwood real estate market had a very active year in 2013, and 2014 looks like it will be another strong year. Sales in the neighborhood continued their strong recovery from the slump which peaked in 2011.

 

Year # Closed Avg Orig List Price Avg Final List Price Avg Final List Price Sq/Ft Avg Sales Price Avg Sales Price Sq/Ft Avg Sq/Ft Avg Days On Market Avg Yr Built Avg Acres
2006 18 $237,311 $232,889 $125.72 $226,729 $122.38 1897 51 1961 0.20
2007 25 $246,696 $242,062 $124.82 $238,424 $122.62 1982 48 1958 0.25
2008 27 $275,393 $268,207 $131.11 $264,426 $129.13 2030 60 1960 0.24
2009 15 $266,733 $259,573 $124.58 $250,200 $119.92 2098 48 1960 0.27
2010 20 $270,459 $258,600 $121.57 $249,719 $117.71 2127 72 1960 0.26
2011 16 $237,000 $222,513 $118.23 $210,204 $110.96 1954 128 1959 0.26
2012 24 $290,040 $287,894 $129.46 $277,285 $124.78 2217 64 1963 0.24
2013 23 $315,226 $307,174 $139.97 $300,674 $137.11 2212 30 1960 0.27
All Years 168 $269,571 $262,413 $127.63 $255,132 $124.00 2071 60 1960 0.25

Median list price and sales price for Eastwood.  The average list price and sales price saw a sharp increase in 2013 which was a continuation of the trend in 2012:

Average list and sales price by square foot for Eastwood.  The average sales price per square foot reached an eight-year high last year in Eastwood:

The low, average, and high sales prices for the last eight years for Eastwood.  The price range for the neighborhood in 2013 ranged between just over $150,000 to $500,000:

There were 24 closings in Eastwood last year (reported by NTREIS).  This was just one shy of the 2012 total of 24 and very close to totals seen in 2006-2008:

The average days on market for single family home sales in Eastwood.  Note the significant drop in 2013:

** DISCLAIMER: All data provided by NTREIS.  Information deemed reliable but not accurate.

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