University Park

University Park

Located in Dallas County

$2,506,614 Average Value
$680 Average Price per Sq Ft
60 Homes For Sale

University Park is home to Southern Methodist University

Mix elegant homes with walkability and stellar indie eateries and the result is the charming Southern city of University Park. Home to Southern Methodist University, the 25,000 residents here enjoy access to the university’s cultural offerings, as well as top-ranked public schools and more than a half-dozen parks. “There are parks and little parkways everywhere that are manicured, and it just looks really nice,” says local Realtor Paige Elliott with Elliott & Elliott Real Estate Group, who has 26 years of experience. “They take an interest in their parks here. And we’re literally minutes from downtown Dallas.”

Take in the view of the Dallas skyline from University Park.
Take in the view of the Dallas skyline from University Park.
Southern Methodist University in University Park is a well known university around the country.
Southern Methodist University in University Park is a well known university around the country.
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Snider Plaza serves as a hub for shopping and dining

Right next to SMU, Snider Plaza features a myriad of boutique shops, local restaurants and a Tom Thumb grocery store. For dining out at the shopping center, local favorites include Bubba’s for classic comfort foods served up in a retro-style diner. Burger House has been a community mainstay since 1951 and is still serving up the same homestyle burgers they have been for generations.

People all around University Park enjoy stopping by Suzanne Roberts Gifts to get something nice.
People all around University Park enjoy stopping by Suzanne Roberts Gifts to get something nice.
Stop by Tom Thumb in University Park on your way home to pick up some groceries for the night.
Stop by Tom Thumb in University Park on your way home to pick up some groceries for the night.
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Catch a show at McFarlin Auditorium

For entertainment, residents head to McFarlin Auditorium on SMU’s campus to see concerts, speakers and other events. The 1926 building is listed on the National Register of Historic Places and has hosted notable performers such as Fleetwood Mac, Bob Hope and Sheryl Crow.

SMU’s Meadows Museum offers an impressive collection of Spanish artwork, including pieces by world-famous artists Pablo Picasso and Salvador Dali. The university is also the site of the George W. Bush Presidential Center, which features an Oval Office replica and thousands of artifacts from Bush’s presidency, including the bullhorn he used at the World Trade Center following 9/11.

When you have that feeling to see something eye catching then Meadows Museum is for you.
When you have that feeling to see something eye catching then Meadows Museum is for you.
For entertainment head to McFarlin Auditorium on SMU’s campus to see concerts and other events.
For entertainment head to McFarlin Auditorium on SMU’s campus to see concerts and other events.
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University Park’s curb appeal

University Park’s vibrant mix of housing styles is sure to meet the needs of any homebuyer. “There's everything from Tudor to modern to traditional,” Elliott says. “Some Colonial but mostly the trend right now is a lot of new construction modern, leaning towards modern or transitional.” Homes here commonly offer more than 4,000 square feet of living space. However, there are some condos, townhouses, duplexes and vintage cottages in the city for those looking for less space.

Prices are on the higher end for the Dallas-Fort Worth Metroplex, with the average sale price hovering around $2.3 million. A two-bedroom condo could be found for $425,000, while a sprawling 6-bedroom estate might fetch upwards of $5 million.

Most homes in University Park will come with small yards to maintain.
Most homes in University Park will come with small yards to maintain.
Mediteranean-style homes can be found throughout University Park.
Mediteranean-style homes can be found throughout University Park.
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Public School students attend well-ranked Highland Park High

University Park students are zoned to the Highland Park Independent School District, which earns an A-plus Niche grade and serves nearly 7,000 students throughout eight schools. “HPISD is one of the top-rated school systems in the nation,” Elliott says.

Public school students will attend one of five elementary schools before moving on to McCulloch Intermediate School for fifth and sixth grade, Highland Park Middle and Highland Park High. Highland Park High School, which earns an A-plus Niche grade, has been nationally recognized for its academics and athletics. Alumni from the school have gone on to serve as Governor of Texas and astronauts. The school has produced Olympic gold medal-winning athletes, as well as Heisman winners and World Series and Super Bowl champions. Sports Illustrated once rated the school’s athletic program as the top in the state of Texas, and 16th in the country.

Highland Park Middle School shares a campus with McCullough Intermediate School in Dallas, TX.
Highland Park Middle School shares a campus with McCullough Intermediate School in Dallas, TX.
Entrance of Highland Park High School where students begin their academic journey in Dallas.
Entrance of Highland Park High School where students begin their academic journey in Dallas.
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Go outside and play at Curtis Park

University Park offers a wealth of opportunities to get outside to enjoy nature and socialize with neighbors. Curtis Park on Lovers Lane features lighted tennis courts and a fishing pond stocked with bass and catfish. During the summer months, it serves as a city gathering spot, as it’s home to the Homes Aquatic Center’s outdoor pool and spiral water slide.

At Caruth Park, on Hillcrest Avenue, residents cheer on youth YMCA soccer and baseball teams and watch their kids blow off steam on the playgrounds. The park also has tennis courts and a fishing pond.

Here at Caruth Park you can play a friendly game of tennis with your friends.
Here at Caruth Park you can play a friendly game of tennis with your friends.
Take a stroll, for good exercise, around the pond with your best friend at Curtis Park.
Take a stroll, for good exercise, around the pond with your best friend at Curtis Park.
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Hop on Dallas North Tollway or Interstate 75 to get downtown

University Center is flanked by Dallas North Tollway and Interstate 75, making it easy for residents to navigate the Metroplex. Locals have a quick 7-mile trip south on either stretch of highway to get to downtown Dallas. Medical City Dallas Hospital is a 5-mile drive north by way of Hillcrest Avenue. And to get away from it all, Dallas Love Field — the busiest medium hub airport in the U.S. — can be reached with a 4-mile jaunt on West Mockingbird Lane.

Take the Dallas North Tollway into the city from University Park for a night of adventure.
Take the Dallas North Tollway into the city from University Park for a night of adventure.
Dallas North Tollway is just minutes away from University Park and can take you all around DFW.
Dallas North Tollway is just minutes away from University Park and can take you all around DFW.
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Tina Davis
Written By
Tina Davis
Lucas Dyke
Video By
Lucas Dyke

Interested in learning more about homes in this area? Reach out to Jamie Ashby, an experienced agent in this area.

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Schools

Source:
GreatSchools: The GreatSchools Rating helps parents compare schools within a state based on a variety of school quality indicators and provides a helpful picture of how effectively each school serves all of its students. Ratings are on a scale of 1 (below average) to 10 (above average) and can include test scores, college readiness, academic progress, advanced courses, equity, discipline and attendance data. We also advise parents to visit schools, consider other information on school performance and programs, and consider family needs as part of the school selection process. View GreatSchools Rating Methodology

University Park Housing Trends

Housing Trends

Median List Price
$2,399,000
Median Sale Price
$2,175,000
Median Single Family Sale Price
$2,797,000
Median Townhouse Sale Price
$1,050,000
Median 2 Bedroom Sale Price
$617,500
Median Change From 1st List Price
0%
Last 12 months Home Sales
115
Median Home Sale Price YoY Change
-$7
Average Price Per Sq Ft
$680

Neighborhood Facts

Number of Homes for Sale
60
Months of Supply
6.30

Open Houses

  • Sunday, Jun 15
    1 - 3pm

    6126 Averill Way Unit 203 W, Dallas, TX 75225

    $625,000

    • 2 Beds
    • 3 Baths
    • 2,476 Sq Ft
    • 6126 Averill Way
    • Unit 203 W

    Welcome to Imperial House, a distinguished mid-century community designed by renowned architect George Dahl, tucked behind Dallas' iconic Pink Wall. This beautifully updated 2-bedroom, 3-bath condo offers 2,476 sqft of refined living in one of the city's most sought-after neighborhoods.The spacious residence features a second living area, elegant updates, new flooring, fresh interior paint, and

    Agent Photo
    Max Luna
    Ebby Halliday, REALTORS
    (469) 817-5155
  • Saturday, Jun 14
    1 - 3pm

    4012 Colgate Ave, Dallas, TX 75225

    $3,999,000

    • 5 Beds
    • 5.5 Baths
    • 6,051 Sq Ft
    • 4012 Colgate Ave
    • New 14 days ago

    This stunning, updated University Park home, ideally situated in The Fairway, has just undergone a significant price reduction, offering a rare opportunity to own a luxurious residence at outstanding value. Spanning 6,051 square feet on a generous 71x160 lot, this home combines timeless sophistication with modern functionality.Designed for both entertaining and everyday living, the home boasts

    William Willis Allie Beth Allman & Assoc.

  • Saturday, Jun 14
    11am - 1pm

    4516 Shenandoah Ave, Dallas, TX 75205

    $2,650,000

    • 5 Beds
    • 4.5 Baths
    • 3,733 Sq Ft
    • 4516 Shenandoah Ave
    • New 23 days ago

    Discover over 3,700 square feet of thoughtfully reimagined living in one of University Park’s most coveted locations. This 5-bedroom, 4.5-bath home has been completely rebuilt from the studs, offering the feel of new construction with a classic, traditional exterior and timeless design throughout.Located in HPISD and just a short distance to Bradfield Elementary and Highland Park Village, the

    Cesar Beza Dave Perry Miller Real Estate

Homes for Sale

Homes for Rent

Condo Buildings

Distribution of Home Values

Source: Public Records

Average Home Value



Source: Public Records

Property Mix - Square Feet

University Park Has More Owners

Demographics

Total Population
24,596
Median Age
30
Population under 18
29.5%
Above the national average
23.8%
Population over 65
12.1%
Below the national average
19.1%

Finances

Median Household Income
$227,270
Significantly above the national average
$71,702
Average Household Income
$216,812

Education and Workforce

High School Graduates
99.3%
College Graduates
87.6%
Significantly above the national average
34.1%
Advanced Degrees
42.9%
Significantly above the national average
13.3%
% Population in Labor Force
64.1%

Weather

Annual Precipitation
38''
Average Winter Low Temperature
38°F
Average Summer High Temperature
97°F
Annual Snowfall
2''
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. Our sources include: Accuweather, Public Records and Neustar. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
University Park