Homes for Sale in University Place, Dallas, TX
University Park is a Dallas suburb 38 miles east of Downtown Fort Worth and 8 miles north of Downtown Dallas. The neighborhood is in a convenient location to both city centers as well as Love Field, the DFW International airport, and the north Dallas business center. University Park started as a residential neighborhood surrounding the then newly founded Southern Methodist University in 1915, which supported these homes until 1924. Then the community requested annexation into the Town of Highland Park and Dallas; both refused due to the high cost of providing the necessary utility and safety services. Community leaders found ways to incorporate it as a separate city and succeeded on April 12, 1924. The leaders then tried to build and improve the city, which resulted in further growth of the population of University Park.
University Park features a diverse selection of residential real estate including, condominiums, townhouses, loft-style apartments, detached single-family houses. The development of these residences started in the 1930s and continued until today, with some recent construction finishing this year. Prices in University Place are similarly diverse, ranging between $155,000 all the way to $1,200,000. Floor sizes come in at 591 sqft up to 3,426 sqft lots with three bedrooms and two bathrooms. The value of a median owner-occupied home is $1,000,000.
Market Overview
North Dallas Real Estate Market Report
Median Home Price
$939,000
Median Days on Market
84
Median Price Per Sqft
$271
Number of Households
505,816
Median Rent
$4,090
Home Ownership
41.2%
What's To Love
University Park is a neighborhood with safe sidewalks, tree-lined streets, tidy yards, and pretty parks. The neighborhood's streets are lined with vast canopies of trees that provide a picturesque living environment. An idyllic community with a refreshing small-town feel within the heart of the DFW Metroplex. It offers residents a sparse suburban feel with easy access to the Northwest Highway, the Dallas North Tollway, and U.S. Highway 75. One can also get to downtown without having to get on one of those often-jammed highways.
What's Not To Love
It is hard to find parking in Snider Plaza, the city's town square that is the community's primary shopping destination, which houses numerous shops and restaurants.
Is it for me?
Who is this neighborhood for
If you are a young professional who needs to frequently commute to and from areas close to University Park or attending or employed in SMU, University Park is perfect for you. For homebuyers interested in the luxury real estate market, the area offers a distinct selection of homes with relatively low tax rates and amenable price ranges.
Find Your Home
Latest homes for sale in University Place
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Ready to take the next step?
Let me help you find your new home in the North Dallas, Texas region. I’ve lived and worked extensively in the region for many years and would be glad to represent you in your transaction. Whether you’re looking for your dream luxury house, an affordable starter home, or a mid-range suburban property, my team and I are here to help. Please click the button below to get in touch with our team today.
Meet the locals
Dallas, Texas Statistics
Population
1,382,270
Median Age
32.7
Median Household Income
$82,630
Has Bachelor's Degree or Higher
36.89%
Elderly Percentage
13.49%
Cost of Living Index
101.6
Entertainment
Things to do in University Place
The Holmes Aquatic Center
This private complex has a pool, giant water slides, and diving boards, providing guests a fantastic time.
Snider Plaza
A family-friendly place that offers a great selection of restaurants and shopping options.
Galleria Dallas
The place to go to destress and hang out with family and friends. Galleria Dallas offers a good variety of dining, shopping, and entertainment options.
Caruth Park
A pristine park with spacious and well-maintained walking paths. Outdoor spaces are heavily shaded with plenty of benches and impeccably kept tennis courts and soccer fields. The children's playground has padded flooring, and the pond features two fountains.
Education
Schools in University Place
| School Name | Grades | Admission |
|---|---|---|
| Highland Park High School | 9 - 12 | Public |
| Highland Park Independent School District | PK - 12 | Public |
| Arch H. McCulloch Intermediate School | 5 - 6 | Public |
| Highland Park Middle School | 7 - 8 | Public |
