The communities of University Park are islands of residential solitude in the Dallas Metroplex. Known as the Park Cities, these communities make up six square miles with a population of just over 25,000 and are located a few miles north of downtown Dallas. They have their own municipal government and residents can enjoy shopping at Snider Plaza. Industries providing employment include educational, health and social services, professional, scientific, management and administrative.
The Village, with its original Spanish architecture, offers more than 80 shops, restaurants, offices and a movie theater. In these communities where residents are encouraged to plant trees, there are more than 25 park locations. Lakeside Park, adjacent to Turtle Creek, is 14.32 acres and represents a beautiful area in which residents take the time to relax and enjoy each other’s company. Students enrolled in K-12 attend schools within the Highland Park Independent School District. The community is home to the Southern Methodist University(SMU). Other universities in close proximity include the University of Texas, Dallas.
Nearby attractions include the Dallas Natural History Museum and Cedar Hill State Park, which offers camping, boating, trail and picnic areas. The community prides itself in maintaining a family-friendly environment. University Park real estate offers single-family detached homes for sale, condominiums, townhouses and beautiful estates. The city’s unique character, high property values and low tax rate makes this the ideal place to call home!
Offering residents the best of city living in a suburban setting, University Park real estate is made up of beautiful homes for sale that give this community a welcoming presence. Stunning University Park homes with marble floors, wood decks and guest quarters start at just under $400,000. Estates in University Park include amenities such as fireplaces, swimming pools, state-of-the-art security systems, ample game rooms, multiple car garages and stunning landscaping. These homes usually start in the low $1 million range. Condominiums in University Park and townhouses in the Park Cities are plentiful and prices start at $135,000 for listings in the communities of Savoy and Crestpark condominium areas. Park Plaza and Plaza Court are other condominium communities that are priced from $400,000 and up to $600,000 for more modern construction in the Mediterranean and French styles. Mature trees and beautiful landscaping surround homes and other residential properties in the Park Cities and buyers can select from a wide variety of styles, including Spanish-Mediterranean, English and Traditional.
University Park Real Estate Stats and Trends for the week of July 21st, 2014: homes priced around $1,638,000 compared to $1,154,800 the previous week, showing a increase of more than +29%. For Wednesday, July 23rd, the current national mortgage rate for a 30 year fixed mortgage is 4.30%; the 15 year fixed rate is at 3.29%. For a loan larger than conventional conforming loans, or 'jumbo' loan, the 30 year rate is 4.58%, while the 15 year jumbo rate currently is at 3.73%. You can calculate your mortgage rate with our mortgage calculators. Get local info and homes for sale in University Park TX. View active real estate listings for different types of properties including new homes, houses for sale, foreclosures, short sales, and price reduced listings. Find information and property resources including prices of recently sold homes, neighborhood information, crime stats, home values, and schools in University Park to help you find the best home!