Highland Park Realtor, planned with real numbers.

The Town of Highland Park, in Dallas County, is bordered by Dallas on three sides and University Park to the north, and the Census Bureau estimated 8,764 residents in July 2025. It is home to Highland Park Village, which opened in 1931, and the Dallas Country Club. Zillow's typical home value was about $3.03 million in September 2026, up 7.5% over the year, and HAR showed homes for sale averaging about $6.5 million at roughly $1,063 per square foot in October 2026.

For tax year 2025, the Town rate is $0.199296 per $100. With Highland Park ISD and the Dallas County entities (county, Parkland Hospital, Dallas College) a typical home is about 1.57% combined, or about 1.73% for an address in Dallas ISD. On a $3 million home in HPISD that is roughly $47,000 a year, about $3,920 a month, before exemptions; the Town offers a 20% homestead exemption and the state requires a $140,000 school exemption.

Confirm the school district by address first, since west of Roland Avenue is Dallas ISD and the tax rate rises from about 1.57% to 1.73%. Then budget taxes on your purchase price, because Texas removes the 10% homestead cap when a property sells. If you plan to rebuild, line up a builder's cost estimate before you commit to the land price.

The lesson for anyone buying or selling here is that the dirt does most of the work. The Town's FY 2025-26 budget estimated about $172 million in new construction value, up 35.38% from the year before, which tells you how much rebuilding is happening on existing lots. When you evaluate a house, separate the land value from the structure: if the next buyer is likely to rebuild, the age and condition of the house matter far less than the lot's size, frontage and street.

Before you renovate to sell, figure out who your buyer is. If comparable homes on your street are trading as rebuild sites, the money you put into finishes will not come back; a pre-listing survey, a clear lot description and any existing plans or permits often do more for your price. If your home is a keeper, document the big systems (foundation, roof, mechanical) because that is what a keep-and-update buyer will scrutinize.