Lake Highlands in general. Specifically the area bounded by Forest and walnut and 75 and Audelia. We are just north of Royal and a block west of Greenville and LOVE it. We are both close to work, and can get anywhere we want to easily. Our area is a bit less costly than your target, we picked up a short sale home for $120 last summer, but just on the other side of Greenville the size of homes (and the prices )increase, which might still be in budget for you. I haven't shopped them in the past year, but when we were researching this place there were a bunch in the $225 to $275 range. Our house is an updated 1950's home-- about 1300 sqf with a 480 sqf garage. We did a bit of cosmetic work to it, but nothing major. And there are trees..... lots of mature, giant trees which I love.