University Place Real Estate

University Place Real Estate

Welcome to University Place, a vibrant and inviting subdivision nestled in the heart of Dallas, Texas. This charming community is perfectly situated to offer residents both the tranquility of suburban life and the excitement of urban living. With its tree-lined streets and beautifully maintained homes, University Place provides a picturesque setting for families, professionals, and retirees alike.

One of the standout features of University Place is its proximity to some of Dallas’ most prestigious educational institutions. As its name suggests, the area is conveniently located near renowned universities and colleges, making it an ideal choice for students and faculty members. In addition, the community is surrounded by a wealth of cultural and recreational amenities, including parks, museums, and shopping centers, ensuring that there’s always something to explore.

Residents of University Place enjoy easy access to major highways and public transportation, allowing for a seamless commute to downtown Dallas and beyond. The neighborhood boasts a strong sense of community, with friendly neighbors and local events that bring everyone together. Families will appreciate the excellent schools in the area, which are known for their commitment to academic excellence and student development.

For those seeking a blend of comfort, convenience, and community, University Place is an exceptional choice. Whether you’re looking to buy your first home or searching for a peaceful retreat, this delightful subdivision welcomes you with open arms. Discover the charm of University Place and envision your future in this thriving Dallas community!

Newest Listings in University Place

$7,400,000
16 Beds 16 Baths 21322622 MLS University Place BLDG.
This rare package deal of income-producing properties is just one street South of Highland Park. 4 Single-Family Residences, each with its own address and can be sold individually. A portfolio comprised of two luxury single-family attached residences configured as one full duplex. Positioned in one of Dallas’ most desirable urban-adjacent pockets, the offering is ideal for an investor seeking strong rental demand, long-term appreciation, and a premium tenant profile. Each residence features 4 bedrooms, 4 baths, luxurious finish out, generous living spaces, an oversized primary closet and an individual private backyard — the kind of elevated details that appeal to executive tenants, relocation renters, and luxury lease clients. With luxury rental rates in the area up to $4.93 per square foot, and furnished residences in this location potentially commanding even more, this portfolio offers compelling income potential in a high-demand location. Located in the heart of SoHip, the collection offers proximity to Highland Park, Oak Lawn, Turtle Creek, Uptown, the Dallas North Tollway, dining, shopping, and major employment centers — all converging into one prime location. Newer construction, elevated design, lock-and-leave convenience, and rare scale make this a compelling investment opportunity in a location where land, lifestyle, and rental demand continue to strengthen. Property addresses: 4031, 4033 & 4035, 4037 Hawthorne.

4033 Hawthorne Ave, Dallas

$449,000
4 Beds 3 Baths 21290110 MLS
Curb appeal and thoughtful updates shine throughout this beautifully maintained 4-bedroom, 2.5-bath home in Rowlett. Filled with natural light and enhanced by modern finishes, the versatile floor plan offers comfortable spaces for everyday living, entertaining, and a variety of lifestyle needs. At the heart of the home, the spacious living room features a stately fireplace, wet bar, and generous gathering space. The eat-in kitchen is designed for both function and style, offering a breakfast bar with seating, built-in stainless steel appliances, abundant cabinetry, ample prep space, and a bright breakfast nook. The primary suite provides a relaxing retreat with a spacious ensuite bath featuring dual sinks, a soaking tub, separate shower, and an oversized walk-in closet. The secondary bedrooms are generously sized, while the fourth bedroom offers exceptional flexibility as a guest room, home office, hobby space, media room, or additional living area. A formal dining room and separate den further expand the home's versatile layout. Outside, the private backyard creates an inviting setting for relaxing or entertaining, complete with a large patio and a sparkling updated pool that's ready to enjoy throughout the warmer months. Conveniently located near parks, shopping, dining, and everyday conveniences, this move-in-ready home offers the perfect blend of comfort, functionality, and style in a desirable Rowlett location. Don't miss the opportunity to make this exceptional property your next home. 3D Tour available online!

2405 Hanover Ct, Rowlett

$815,000
4 Beds 4 Baths 21281626 MLS
Like-New Luxury on a Cul-de-Sac- University Place - Move-In Ready - Built in 2023! Situated on a quiet cul-de-sac in the highly desirable University Place community, this maintained home offers 4 bedrooms and 3.5 bathrooms with a flexible layout featuring 3 bedrooms downstairs and a private upstairs bedroom with full bath ideal for guests, multigenerational living, or a secluded retreat. Super clean and barely lived in, this pet-free and smoke-free home is move-in ready. Light gray carpet, white quartz countertops, recessed lighting, soft-close cabinetry and drawers, and abundant natural light create a bright, modern feel across the home. The chef’s kitchen features GE Profile appliances, double ovens, a 5-burner gas cooktop, abundant cabinetry, white quartz countertops, and opens seamlessly to the spacious living area with a cozy gas fireplace. Refrigerator, washer, and dryer all convey. The versatile formal dining room with glass doors can also function as a private study or home office. The spacious primary suite features soaring ceilings, while upstairs offers a second living area, loft, or game room with additional storage. Additional highlights include solid core doors, a mud area, two tankless water heaters, and a covered patio plumbed for a future outdoor kitchen. Residents enjoy resort-style amenities including a community pool, walking trail, playground, and dog park. Throughout the neighborhood, charming signage reflects its welcoming spirit, including reminders that read “slow down—we love our children,” adding to the warm, family-friendly atmosphere. Known for its strong sense of community, University Place is conveniently located near The University of Texas at Dallas with easy access to President George Bush Turnpike and U.S. Route 75, plus nearby DART rail access, shopping, and dining including Target, Tom Thumb, Marshalls, and The Home Depot. Zoned to exemplary Canyon Creek Elementary School, J. J. Pearce High School, and John Paul II High School.

8249 Abellia Ct, Dallas

$3,000,000
12 Beds 12 Baths 21260036 MLS
Located in the highly desirable Oak Lawn corridor, this rare 12-unit multifamily asset at 4002 Prescott Ave offers a compelling blend of historic character and long-term investment stability.? Originally constructed in 1929, the property retains its timeless appeal with original hardwood flooring, vintage cabinetry, and classic countertops, providing a unique charm that is increasingly difficult to replicate in today’s market.? Situated on approximately a quarter-acre lot, the property benefits from an exceptional location just minutes from Highland Park and the vibrant Lemmon Avenue corridor.? Tenants enjoy immediate access to a wide array of restaurants, grocery stores, retail, and everyday conveniences, making this a consistently desirable rental location.? The asset consists of twelve residential units plus an additional apartment above the carport, offering supplemental income potential.? Ownership has maintained the property with key capital improvements, including updated plumbing, electrical systems, and roof, reducing near-term deferred maintenance concerns.? Currently averaging approximately $1,200 per unit in monthly rent, the property presents a strong in-place income stream with additional upside through operational efficiencies and potential rent growth.? The current owner has personally managed the property since 1996 and occupies one of the units, reflecting long-term stewardship and pride of ownership.? Offered as-is, this is a rare opportunity to acquire a well-located, character-rich multifamily asset in one of Dallas’ most sought-after rental submarkets.?

4002 Prescott Ave, Dallas

$1,235,000
4 Beds 4 Baths 21153904 MLS
Timeless, renovated Tudor duplex (4BR-4BA total) in a premier Highland Park–adjacent location, 100% leased today with built-in flexibility; perfect for an owner-occupant who wants to enjoy one side while retaining rental income from the other, or for a boutique investor-1031 buyer seeking a prime, high-demand location with long-term upside. This high demand, ideal location blends classic architectural charm with thoughtful modern updates. This rare, mirrored residence offers warm, light-filled interiors with original Tudor details, hardwoods, and two living areas per unit—ideal flex space for a home office or media room. Updated baths feature sleek glass-enclosed showers, and the kitchens are designed for function and style with granite counters, dishwasher, refrigerator, washer-dryer, breakfast area, and a built-in coffee-wine bar accented by decorative lighting. An oversized dining room framed by charming wood bay windows is made for entertainment. Each unit includes a spacious primary suite with ample closet space, and the downstairs unit enjoys direct access to the outdoor living area for seamless indoor-outdoor living. Additional bedrooms with separate baths provide versatility for guests or work-from-home needs. Investment highlights are as follows. Stabilized occupancy: fully leased for day-one cash flow. Upside potential: in-place rents below current market for renovated 2-2 product nearby. Tenant appeal: large, usable yard with mature trees; downstairs unit has direct outdoor access and a private deck. Rare parking: four covered parking spaces (competitive advantage in this submarket). Walkable location: 1 block to The Shops of Highland Park for boutique restaurants and shopping, supporting long-term rental demand on a highly desirable street. Ideal for a homeowner, boutique investor or 1031 buyer seeking a defensive infill asset with durable demand and future income growth potential. This unique property won’t last long. Schedule your showing today!

4205 Prescott Ave, Dallas

$1,235,000
4 Beds 4 Baths 21138443 MLS Na BLDG.
Timeless, renovated Tudor duplex (4BR-4BA total) in a premier Highland Park–adjacent location, 100% leased today with built-in flexibility; perfect for an owner-occupant who wants to enjoy one side while retaining rental income from the other, or for a boutique investor-1031 buyer seeking a prime, high-demand location with long-term upside. This high demand, ideal location blends classic architectural charm with thoughtful modern updates. This rare, mirrored residence offers warm, light-filled interiors with original Tudor details, hardwoods, and two living areas per unit—ideal flex space for a home office or media room. Updated baths feature sleek glass-enclosed showers, and the kitchens are designed for function and style with granite counters, dishwasher, refrigerator, washer-dryer, breakfast area, and a built-in coffee-wine bar accented by decorative lighting. An oversized dining room framed by charming wood bay windows is made for entertainment. Each unit includes a spacious primary suite with ample closet space, and the downstairs unit enjoys direct access to the outdoor living area for seamless indoor-outdoor living. Additional bedrooms with separate baths provide versatility for guests or work-from-home needs. Investment highlights are as follows. Stabilized occupancy: fully leased for day-one cash flow. Upside potential: in-place rents below current market for renovated 2-2 product nearby. Tenant appeal: large, usable yard with mature trees; downstairs unit has direct outdoor access and a private deck. Rare parking: four covered parking spaces (competitive advantage in this submarket). Walkable location: 1 block to The Shops of Highland Park for boutique restaurants and shopping, supporting long-term rental demand on a highly desirable street. Ideal for a homeowner, boutique investor or 1031 buyer seeking a defensive infill asset with durable demand and future income growth potential. This unique property won’t last long. Schedule your showing today!

4205 Prescott Ave, Dallas

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