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University Place Home for Sale

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    $295,500

    • 3 Beds
    • 2 Baths
    • 1,583 Sq Ft

    3207 McDonald Rd, Tyler, TX 75701

    well maintained 3 bed, 2 bath home with a 2-car garage in a desirable area. Living room features a cathedral ceiling and wood burning fireplace. Bonus room is currently used a bar and sports lounge offers direct access to backyard--ideal for entertaining or could be converted to a sunroom or flex space.Landscaped yard with privacy fence. A great layout with many upgrades.

    KELLY BUMGARDNER Coldwell Banker Home Place Realty - Henderson

    3207 McDonald Rd, Tyler, TX 75701

Why Live in University Place

University Place in Tyler is a suburban neighborhood known for its New Traditional style homes, primarily built in the late 1980s through the 1990s. These homes typically feature three bedrooms, two bathrooms, brick exteriors, low-pitched roofs, large front windows, and two-car garages. The neighborhood's streets often end in cul-de-sacs, with spacious, manicured lawns and mature trees. The southern half of University Place includes the Foundry Apartments, which are popular with students and can be somewhat noisy, though the area remains generally quiet. While there are no parks within the neighborhood, Golden Road Park is less than 2 miles away, offering baseball and soccer fields, a playground, and a picnic area. Residents frequently visit Loop 323 for groceries, dining, and services, with popular spots like Poch’s Rice Café and Rick’s on the Square nearby. The UT Tyler Cowan Center provides cultural events such as off-Broadway plays, live music, and lectures. Annual events like the Azalea and Spring Flower Trail and the Texas Rose Festival are community highlights. University Place is conveniently located about 5 miles from downtown Tyler, with major hospitals and the Tyler Pounds Regional Airport within a short drive. The neighborhood is served by Chapel Hill Independent School District, which offers access to private and charter schools.

Frequently Asked Questions

Is University Place a good place to live?
University Place is a good place to live. University Place is considered very car-dependent and somewhat bikeable. University Place is a neighborhood with a crime score of 4, on par with the average neighborhood in the U.S. University Place has 3 parks for recreational activities. It has a median age of 26. The average household income is $71,184 which is below the national average. College graduates make up 50.8% of residents. A majority of residents in University Place are renters, with 73.7% of residents renting and 26.3% of residents owning their home. A local real estate agent serving University Place can help you decide if this neighborhood is the right one for you. Learn more on our University Place neighborhood guide.
Is University Place, TX a safe neighborhood?
University Place, TX is a safe neighborhood and is on par with the average neighborhood in the United States. It received a crime score of 4 out of 10.
How much do you need to make to afford a house in University Place?
The median home price in University Place is $685,000. If you put a 20% down payment of $137,000 and had a 30-year fixed mortgage with an interest rate of 6.74%, your estimated principal and interest payment would be $3,550 a month plus property taxes, HOA fees, home insurance, PMI, and utilities. Using the 28% rule, you would need to make at least $152K a year to afford the median home price in University Place. The average household income in University Place is $71K.
What are the best public schools in University Place?
The best public schools that serve University Place are:
What are the best private schools in University Place?
The best private schools that serve University Place are:
What are the most popular zip codes in University Place, Tyler, TX?
The most popular zip codes in University Place, Tyler, TX include 75701, 75707, 75703, 75702 and 75705.
What are the most popular neighborhoods near University Place, Tyler, TX?
The most popular neighborhoods near University Place, Tyler, TX are The Woods, Midtown Tyler, The Highlands, Green Acres and Donnybrook Heights.

Home Trends in University Place, TX

Housing Trends

Median Sale Price
$675,000
Median Single Family Sale Price
$675,000
Average Price Per Sq Ft
$244
Number of Homes for Sale
1
Last 12 months Home Sales
5
Months of Supply
2.40
Median List Price
$685,000
Median Change From 1st List Price
1%
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