Lakewood is surrounded by a collection of old-fashioned, longstanding neighborhoods, generally developed from the early 20th century to the 1950s. Commonly, people outside these neighborhoods group them together under the heading of Lakewood, The M-Streets, or Old East Dallas – which are overlapping regions in the near-eastern part of the city. Historic Swiss Avenue (Mansion Row) anchors the area towards Downtown.
Currently, there are a large number of Historic and Conservation Districts reflecting prodigious numbers of Craftsman, Prairie-Four Squares, Tudors, Spanish and Mediterranean Eclectic and Early Ranch homes, many of native Austin stone. The homes range from two-bedroom bungalows to massive estates on sprawling acreage.