Lake Highlands Realtor Guide – What You Need to Know About Buying or Selling in 75218, 75231 & 75238 Right Now
Let’s skip the fluff—the Lake Highlands real estate market has shifted, and whether you’re selling your home or trying to buy into the neighborhood, you need to understand how to navigate it today.
Rates are unpredictable, buyers are choosy, sellers are uncertain—and yet, good homes still move quickly if you know what you’re doing.
As a D Magazine Best Realtor®, Top Producer, and Lake Highlands local, here’s what I’m telling my clients right now.
Selling in Lake Highlands? Avoid These Common Mistakes
You don’t need a $50K renovation to win, but you do need the right plan.
-
Pricing too high – You’ll help your competition sell faster.
-
Skipping prep – Buyers rarely see past clutter or dark rooms.
-
Not staging – I include professional staging for every listing because it works.
-
Renovating without direction – Not all upgrades add value in 75218, 75231, or 75238.
-
Ignoring builders – Alley access or an oversized lot could be your ace card.
-
Listing on the wrong day – Mid-week listings consistently pull stronger results.
Buying in Lake Highlands? Here’s How to Avoid Costly Mistakes
-
Skipping pre-approval – Wastes time and weakens your position.
-
Falling for “pretty” flips – Always ask about what’s behind the cosmetic work.
-
Skipping the history check – Know the permits, remodel dates, and prior inspections.
-
Overlooking cast iron sewer lines – Replacement can run $15K+.
-
Assuming school zones – Richardson ISD boundaries shift; confirm by street.
-
Believing all of Lake Highlands is priced the same – Each ZIP has its own pricing dynamic.
-
Relying on public alerts – I often know about listings before they’re posted online.
Six Overlooked Truths About This Market
-
New builds aren’t always the best investment—some are overpriced or poorly built.
-
Your neighbor’s sale price isn’t automatically your benchmark.
-
Homes that sell in 2 days vs. 60 days do so because of strategy, not luck.
-
RISD zoning is nuanced—never assume based on a quick map check.
-
Local insight matters—agents who live and work here know the streets, schools, and builder activity.
-
Inspections are essential—even on “updated” or brand-new homes.
Frequently Asked Questions About Lake Highlands Real Estate
Q: What’s the average price in Lake Highlands right now?
A: Most single-family homes range from the mid-$400Ks to $1.2M+, depending on location and updates.
Q: Is the market still competitive?
A: Yes. Updated homes in desirable school zones often draw multiple offers.
Q: Are off-market deals possible?
A: Absolutely—many transactions happen quietly, especially in high-demand streets.
About Dustin Merritt
Dustin Merritt is a Lake Highlands Realtor® and Dallas native specializing in I specialize in Lake Highlands (75218, 75231, 75238), East Dallas, Richardson and Oak Cliff. Recognized as a D Magazine Best Realtor® and Top Producer, Dustin combines hyperlocal insight, proven marketing strategies, and strong negotiation skills to help clients sell faster, buy smarter, and invest with confidence.
📞 214-694-8841 | 📧 [email protected] | 🌐 TheDallasRealtor.com
