University Place Condos for Sale

Welcome to University Place, a charming subdivision located in the heart of Georgetown, Texas. This sought-after community in Williamson County offers a perfect blend of convenience and tranquility, making it an ideal place to call home.

University Place is a well-established neighborhood known for its tree-lined streets, manicured lawns, and friendly atmosphere. Residents here enjoy easy access to top-rated schools, shopping centers, dining options, and recreational facilities. With its close proximity to major highways, commuting to nearby cities like Austin is a breeze.

If you are in the market for a new home, University Place offers a variety of condos for sale that are sure to meet your needs. Whether you are a first-time homebuyer, empty nester, or investor, there is a perfect property waiting for you in this vibrant community.

True to its name, University Place is located near several prestigious universities, adding to the overall appeal of the area. The real estate market in University Place is competitive, so don't miss out on the opportunity to own a piece of this thriving neighborhood.

Come and discover the beauty and convenience of University Place. Contact us today to explore the available condos for sale and find your dream home in this wonderful community.

Newest University Place Condos for Sale

$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

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