He and his family have left their home due to threatening phone calls, and he has been expelled from Oklahoma

for his actions saying he was 'deeply sorry' and that what he did was 'wrong and reckless'

The protesters chanted 'Racism is taught' as they walked up and down the street

This after Rice was captured on video leading a racist chant at a Sigma Alpha Epsilon fraternity event over the weekend

protest outside the childhood home of University of Oklahoma student Parker Rice in Dallas, Texas

Dozens of angry protesters have descended on the wealthy Dallas neighborhood where racist Oklahoma frat boy Parker Rice lives - hoping to shame his parents for their son's participation in the horrific racist chant that shocked the nation.

Rice, a former Sigma Alpha Epsilon brother at University of Oklahoma, and his parents Bob and Jan say they have been forced to flee their $650,000 home in the elite suburb of Preston Hollow - home to the likes of George W. Bush, Mark Cuban and Ross Perot.

Neighbors looked on in dismay as about two dozen protesters marched up the street on Wednesday night, shouting, 'racism is taught' and 'Teach your kids another way. No modern-day KKK.'

On Tuesday, 19-year-old Rice was first identified by Daily Mail Online as one of the leaders of the racist chant 'there will never be a n***** SAE' that was filmed on a chartered bus full of members of the fraternity. .

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A group staginged a peaceful protest outside the childhood home of University of Oklahoma student Parker Rice in Dallas, Texas

Charletteria Mathis, second from left, Albeta Wellington, far right, and her son Mark Wallace, 5, protested outside the home of Rice's parents in the exclusive Dallas neighborhood of Preston Hollow

Neighbors looked on in dismay as protesters rallied down the street of three-quarter-milling dollar ranch homes in Preston Hallow on Wednesday night

The Rices have been forced to flee their $650,000 ranch home in North Dallas after receiving threatening calls and death threats online, they said

The other SAE brother identified in the racist chant video is Levi Pettit, who grew up in this six-bedroom, 7,500-square-foot home, which is valued at $4.1million in the Dallas suburb of Highland Park

The other SAE brother pictured prominently in the shocking video is Levi Pettit, who grew up in a $4.1million mansion in the wealthy Dallas suburb of Highland Park, Texas.

Protesters from the Dallas-area group Next Generation Action Network staged the protest, hoping to call attention to the rarefied Texas upbringings they they say fostered the racism seen on the SAE video.

'I know that he was only taught this. So, that means going to his parents, the environment that he was raised in that taught him this,' protest leader Dominque Alexander told WFAA-TV.

The protesters remained peaceful as they marched in Preston Hollow, though several Dallas police officers stood guard outside the Rice home.

At one point, a masked woman shouted at one of the officers, who is black: 'You are a brother! They talk about killing you and you're standing on his property? How can you do that? You're a brother,' according to WFAA.

When Rice issued an apology to the Dallas Morning News on Tuesday night, he revealed that he and his family have been getting threats and were forced to flee their home.

'Sadly, at this moment our family is not able to be in our home because of threatening calls as well as frightening talk on social media,' he said.

Parker Rice, a University of Oklahoma freshman from Dallas, has been identified as the conductor leading the 'there will never be a n***** in SEA' chant on Saturday

Outed: Levi Pettit was identified by his family on Tuesday night. They apologized for his 'disgusting' behavior. Right, Pettit - an accomplished golfer at his former school Highland Park - is pictured putting in a 2013 photo

Some of the protesters shouted at neighbors, who had gathered on their expansive front lawns to watch the commotion.

Neighbor Mike Grimm told the Dallas Morning News that the protesters shouldn't make assumptions about Preston Hollow because of the actions of one resident.

'To say the whole neighborhood is racist is painting with a broad brush. Everyone is a little sickened about what’s happened,' he said.

Preston Hollow is one of the wealthiest parts of the Dallas-Fort Worth area. Average home value in the community is $1.7million and several billionaires and bold-face names call the neighborhood home.

Former President George W. Bush and wife Laura settled there after he left office. Billionaire Dallas Mavericks owner and reality star Mark Cuban lives in the area, along with billionaire former presidential candidate Ross Perot. Natural gas magnate T. Boone Pickens and retired Dallas Stars player Mike Modano also call it home, according to Dallas Magazine.

Protest leader Dominique Alexander said he wanted to call attention to the wealthy upbringing of Parker Rice that resulted in him leading the racist chant at University of Oklahoma

That protesters numbered about two dozen and remained peaceful - even as police stood guard outside the Rice home

Dallas Mayor Mike Rawlings, who attended the same high school as Rice, Jesuit High School, also spoke out about the incident on Wednesday.

'I am embarrassed for the actions of one of the alumni and those things happen,' said Rawlings, who sits on the board of directors at Jesuit.

'It's not acceptable, it's disappointing but Jesuit is a great, great high school.'

In his apology, Rice said; 'I am deeply sorry for what I did Saturday night. It was wrong and reckless.'